MA ARCHIVED February 2018 | Page 34

Market Action Report February 2018
Market Action Report February 2018

DORCHESTER

County : Dorchester

Community Information
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
$ 2,100,000
-27%
53 %
Average List Price of all Current Listings
$ 2,474,231
-3%
12 %
February Median Sales Price
$ 1,100,000
0 %
-44%
3 %
$ 1,100,000
-44%
3 %
February Average Sales Price
$ 1,100,000
0 %
-44% -14%
$ 1,100,000
-44%
-14%
Total Properties Currently for Sale ( Inventory )
13
0 %
63 %
February Number of Properties Sold
1
0 %
1
0 %
February Average Days on Market ( Solds )
741
0 %
169 % 314 %
741
169 %
314 %
Asking Price per Square Foot ( based on New Listings )
$ 2,763
0 %
0 %
689 % 435 %
$ 2,763
689 %
435 %
February Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
0 %
-100%
February Month ' s Supply of Inventory
13.0
0 %
0 %
63 %
63 %
13.0
63 %
63 %
February Sale Price vs List Price Ratio
78.9 %
. 1 % -13.0% -5.6%
78.9 %
-13%
-6%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales February Property sales were 1 , equal to 1 in February of 2017 Property and higher Sales than the 0 sales last month . February 2018 sales
3
February were at their Property highest sales level were compared 1 , equal to to 1 in February of of 2017 and and 2016 higher . February than the YTD 0 sales last of 1 month are running . February equal 2018 to sales last year ' s were year-to-date at their highest sales of level 1 . compared to February of 2017 and 2 2016 . February YTD sales of 1 are running equal to last year ' s year-to-date sales of 1 .
2
Agent Name 3
2
2
1
Title Phone Website Other
Number of Properties Sold Number of Properties Sold
3 Mo Avg
3 Mo Avg
1 1
1
0
0
M
A M J
15
M-1
A M J
J
A
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
16
17
18
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
Prices
-1
Prices
The Median Sales Price in February was $ 1,100,000 , down
2,800
The
43.6 Median % from Sales $ 1,950,000 Price in February in February was of $ 1,100,000 2017 and , down up from $ 0
43.6 last % month from $ . 1,950,000 The Average
2,800 in February Sales Price of 2017 in February and up was
2,600 from $ 0 last
$ 1,100,000 month . The , down Average 43.6 Sales % from Price $ 1,950,000 in February in was February of
20172,6002,400
16
17
Median Sales Price and Average Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
$ and 1,100,000 up from , down $ 0 43.6 last % month from . $ February 1,950,0002018 in February ASP was of at 2017 the
2,4002,200
and lowest up from level $ compared 0 last month to . February of 2018 2017 ASP and was 2016 at the . lowest level compared to February of 2017 and 2016 .
2,2002,000
2,0001,800
1,8001,600
1,6001,400
1,400
1,200
1,200
1,000
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
15 M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
15
16
17
18
Inventory & MSI Inventory & MSI The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of February was 13 , equal to 13 last month and up 62.5 % from 8 in February was 13 , equal to 13 last month and up 62.5 % from 8 in 18 February February of of last last year year . February
. February 2018
2018 Inventory
Inventory was was at its
at its 16 highest highest level level compared compared with with February February of 2017 of 2017 and and 2016 2016 . . 14 12
10 8
A A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a 6 higher MSI is is better for for buyers . The . The February 2018 2018 MSI MSI of 13.0 of 13.04 months was was at at its its highest level level compared with with February February of 2017 of 20172 and 2016 . .
0
18 16 14 12 10 8 6 4 2 0
10
M 15
0 10
0 9
1
8 8 8 8 0 0
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
9
8
6 6
2 6 5
0 6
1 5
8 8
9 0 8
11 0
8 13
0
9 14
11 0 13 13
0 12
14 1
13 0
10 10
0
12
12
11 10
2 13 10
12 12 11
8 10
11
13 12 12 17 17 17
15
14 13 13
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
A M AJ MJ AJ SJ OA NS DO JN FDMJ
AF MJ AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF
N D J F
15
16 16
17 17
18 18
1 0 0 13
1
12 0 0 8
1 10
1 11
0 13
0 12
2
12 0
17 17
0 17
0 15
0 14
0
0 0 1 0 0 2 0 1 0 0 0 0 0 1 0 0 2 1 0 0 1 0 0 1 1 0 0 2 0 0 0 0 0 0 0 1
13 0
13 0 1
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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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 .