MA ARCHIVED February 2017 | Page 32

Market Action Report February 2017
Community Phone Information
Market Action Report February 2017

County : Queen Annes

Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,450,000
-4%
-4%
Average List Price of all Current Listings
$ 2,490,246
-7%
35 %
February Median Sales Price
$ 1,220,000
-17%
2 %
-9%
$ 1,220,000
-33%
-9%
February Average Sales Price
$ 1,220,000
-17% -2%
-21%
$ 1,388,333
-24%
-10%
Total Properties Currently for Sale ( Inventory )
39
15 %
-20%
February Number of Properties Sold
1 -50%
3
50 %
February Average Days on Market ( Solds )
193
71 %
19 %
86 %
139
202 %
34 %
Asking Price per Square Foot ( based on New Listings )
$ 241
-24% -10% -36% -34%
$ 272
-22%
-25%
February Sold Price per Square Foot
$ 0
-100% -100%
-100%
$ 280
0 %
3 %
February Month ' s Supply of Inventory
39.0
129 % 73 %
0 %
16 %
28.0
22 %
-16%
February Sale Price vs List Price Ratio
91.8 %
5.0 % 4.7 %
1.9 %
88.9 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 1 , up from 0 in February of 2016 and 50.0 % lower than the 2 sales last month . February 2017 Property sales were
Sales at their highest level compared to February of 20166 February Property sales were 1 , up from 0 in February of 2016 and 2015 . February YTD sales of 3 are running 50.0 % ahead of and 50.0 % lower than the 2 sales last month . February 2017 last year ' s year-to-date sales of 2 .
5 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 3 are running 50.0 % ahead of
4 last year ' s year-to-date sales of 2 .

Queen Agent Anne Name ’ s Title

Community Phone Information

Website
Other
3
6
5
4
3
2
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
2 1
1
0
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
0
14
15
16
17
M
A M J
Prices
14
The Median Sales Price in February was $ 1,220,000 , up from
Prices
5,000
$ 0 in February of 2016 and down 17.1 % from $ 1,472,500 last
The month Median . The Sales Average Price Sales in February Price in was February $ 1,220,000 was , $ up 1,220,000 from ,
5,000
4,500
$ up 0 in from February $ 0 in of February 2016 and of down 201617.1 and % down from $ 17.1 1,472,500 % from last month . The Average Sales Price in February was $ 1,220,000 ,
4,5004,000
$ 1,472,500 last month . February 2017 ASP was at the highest up from $ 0 in February of 2016 and down 17.1 % from level compared to February of 2016 and 2015 .
4,0003,500
$ 1,472,500 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
3,5003,000
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
Median
15 Sales Price and Average
16 Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
3,0002,500
2,5002,000
2,0001,500
1,5001,000
1,000
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
M
A
14 M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 39 , up of Properties 14.7 % from available 34 last month for sale and as of down 20.4 %
February was 39 , up 14.7 % from 34 last month and down 20.4 %
90 from 49 in February of last year . February 2017 Inventory was from 49 in February of last year . February 2017 Inventory was
80 at its lowest level compared with February of 2016 and 2015 . at its lowest level compared with February of 2016 and 2015 .
70
60
50
40
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
30 higher MSI is better for buyers . The February 2017 MSI of 39.0 higher MSI is better for buyers . The February 2017 MSI of 39.0
20 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016
10 and and 2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
90
80
90.0
70
80.0
60
70.0
50
60.0
50.0
40
40.0
30
30.0
20
20.0
10
10.0
0
0.0
M
A
M AJ
MJ AJ
SJ
OA NS DO JN FDMJ
AFMM J
AJ
MA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ
NA DS J
OF N D J
F
14
14
15
15
16
16
17
17
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
58 0
62
1 74
71 62
58
4
77 71 2 74 78
1
84 77 1 78 76
2 84 63
4 76 52
1 63
43 49
5 52
0
61 61
43 1 49
1 0
74 72 76
61 61
3 3
74
85
77
72 76
5
68 85 56
2 77
5 68
44 46
1 56
49 2 1
55 57
44
46 2 0 3 2
61
55 63
63 57 64
59
49
61 3 63
53 1 63 45
2
64 1
59
35 34
53 1 39
45 2
35 2
0 1 4 2 1 1 2 4 1 5 0 1 1 0 3 3 5 2 5 1 2 1 2 0 3 2 3 1 2 1 1 2 2 3 2 1
34 3
39 2 1
32 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con Data is provided courtesy of Coastal Association of REALTORS of MD , Inc ., Metropolitan Regional Information Systems , Inc ., Sussex County Association of REALTORS and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .