Prince George ’ s Community Information
Prince George ’ s Community Information
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 1,500,000 |
7 % |
|
25 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,660,586 |
2 % |
|
13 % |
|
|
|
|
February Median Sales Price |
$ 1,325,000 |
|
7 % |
|
18 % |
$ 1,325,000 |
7 % |
18 % |
February Average Sales Price |
$ 1,325,000 |
|
12 % |
|
18 % |
$ 1,325,000 |
0 % |
18 % |
Total Properties Currently for Sale ( Inventory ) |
15 |
7 % |
|
88 % |
|
|
|
|
February Number of Properties Sold |
1 |
|
|
|
|
1 |
0 % |
|
February Average Days on Market ( Solds ) |
4 |
|
-88% |
|
-92% |
4 |
0 % |
-92% |
Asking Price per Square Foot ( based on New Listings ) |
$ 157 |
31 % |
6 % |
-39% -46% |
$ 148 |
-43% |
-49% |
February Sold Price per Square Foot |
$ 87 |
|
-74% |
-85% |
$ 87 |
0 % |
-85% |
February Month ' s Supply of Inventory |
15.0 |
0 % |
36 % |
0 % |
114 % |
15.0 |
0 % |
114 % |
February Sale Price vs List Price Ratio |
94.6 % |
|
-21.7% |
|
-29.4% |
94.6 % |
0 % |
-29% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , up from 0 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 1 are running ahead of last year ' s year-to-date sales of 0 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 1,325,000 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 1,325,000 , up from $ 0 in February of 2016 and up from $ 0 last month . February 2017 ASP was at the lowest level compared to February of 2016 and 2015 .
0
-1
1,700 1,600 1,500 1,400 1,300 1,200
|
M
A M J
|
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Median Sales Price and Average Sales Price
3 Mo Avg
0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 1
3 Mo Avg
1,100
|
M
A M J
|
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
F |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory & MSI The Total Inventory of Properties available for sale as of February was 15 , up 7.1 % from 14 last month and up 87.5 % from 8 in February of last year . February 2017 Inventory was at its highest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 15.0 months was at its highest level compared with February of 2016 and 2015 .
18 16 14 12 10 8 6 4 2 0
18 16 14 12 10 8 6 4 2 0
9
M 14
11
11
10 9 10
10 9
Total Inventory & Month ' s Supply of Inventory ( MSI )
10 7
9 6
7
6
5 5
5 6 5 6
8
7 6 6
12
7 13 13 12
8 12
13 11
13 10
11
12 11
9
7 8 8
10
|
|
16.0 |
|
|
14.0 |
|
|
12.0 |
|
|
10.0 |
|
|
8.0 |
|
|
6.0 |
|
|
4.0 |
|
|
2.0 |
|
|
0.0 |
F M A M J |
J |
A S O N D J |
11 11
12 17 17
16
15 14 14
A M AJ MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ M J J A S O N D J F
14
15 15
16 16 17
12
10 11
12
9
7 8 8
10 11 11
12 17 17
16 15
15 14 14
15
F
17
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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