MA ARCHIVED February 2018 | Página 8

Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
February 2018
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
$223,000
6%
24%
Other
$344,853 Trending
7% versus*: 7%
Month
LM 14%
L3M 5%
PYM 10%
LY
$197,400
$223,000
6% 5% -4%
24% 1%
$242,558
$344,853 709
7% 1%
7% -13%
$197,400 152
14% -3%
5% 10% -16%
4%
$242,558 5%
-4%
1%
-2%
70 -8% 1% -20%
709 1%
-13%
$176 9% 5% 5%
152 -3%
-16%
$147 1% -5% 1%
70 -8% 1% -20% 1%
4.7 4% 12% 4%
$176 9% 5% 5% 1%
95.8% 2.2% 1.4% 4.2%
$147 1% -5% 1%
4.7 4% 12% 4%
95.8% 2.2% 1.4% 4.2%
-5%
$146
7%
-5%
14%
4.6 -13%
12%
Number
of 94.8%
Properties
.9%
2% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
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
15
16
17
18
3 Mo Avg
350
February Property sales were 152, down 16.0% from 181 in
February of 2017 and 2.6% lower than the 156 sales last month.
300
Property
Sales
February 2018
sales were at their lowest level compared to
350
February
were 152,
down 16.0%
from of
181 308
in are
250
February Property
of 2017 sales
and 2016.
February
YTD sales
February
2017 behind
and 2.6%
the 156 sales
last of month.
300
running of
2.5%
last lower
year's than
year-to-date
sales
316.
200
February 2018 sales were at their lowest level compared to
100
290
193
18
3 Mo Avg
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
95.8%
96%
94%
91.9%
92%
90.7%
90%
88%
86%
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
15
16
17
18
600
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 4.7 400
MSI is better
for buyers.
February
2018 MSI
200
higher
MSI
is better
for level
buyers.
The February
2018 MSI of of 2017
4.7 and
months
was
at a mid
compared
with February
200
months
was
at
a
mid
level
compared
with
February
of
2017
and
0
2016.
0
2016.
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 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
15
16
17
18
15
16
17
18
Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range:
All | Property
Types: SFH - Con
Copyright
Brokerage
Price
All e
| Property
8
| © Coldwell
c o l Banker
d w Residential
ellb
a n k | e
r Range:
hom
s . c Types:
o m 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
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
600
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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
18
This last view of the market combines monthly inventory of
1,200
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
1,000
relationship between these items. The number of New Listings
in February 2018 was 299, up 28.9% from 232 last month and up
800
2.0% from 293 in February of last year.
Inventory / New Listings / Sales
Inventory / New Listings / Sales
A comparatively lower MSI is more beneficial for sellers while a
600
17
M A 15
M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F
15
16
17
18
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
February
was 709, of up Properties
1.1% from available
701 last for
month
and
The
Total Inventory
sale as
of down 12.9%
1,200
from 814 was
in February
of last
February
Inventory
February
709, up 1.1%
from year.
701 last
month 2018
and down
12.9% was
1,000
from
in February
of last year.
2018
Inventory
was 1,000
at its 814
lowest
level compared
with February
February
of 2017
and 2016.
800
at its lowest level compared with February of 2017 and 2016.
800
16
Median Sales Price and Average Sales Price
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 95.8% was up from 93.7% last month and up from
91.9% in February of last year.
Inventory & MSI
147
145
240
220
200
180
160
140
120
100
3 Mo Avg
1