Market Action Report February 2018
County : Prince Georges
PRINCE GEORGE ’ Title S
Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Agent Name
Phone Website Other Days On Market for Sold Properties
Market Time |
450 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
400 |
trend in DOM tends to indicate a move towards more of a |
350 |
|
Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for February was 0 , up from 0 days
|
300 |
last month and down 100.0 % from 4 days in February of last |
250 |
|
year . The February 2018 DOM was at a mid level compared with
February of 2017 and 2016 .
|
200 |
150 |
100 |
50 |
4 |
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 |
|
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|
18 |
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Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
The Selling Price per Square Foot is a great indicator for the |
|
|
|
direction of Property values . Since Median Sales Price and
Average Sales price can be impacted by the ' mix ' of high or low
|
550 |
end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . |
450 |
The February 2018 Selling Price per Square Foot of $ 0 was up |
from $ 0 last month and down 100.0 % from 87 in February of |
350 |
last year . |
250 |
3 Mo Avg
150 87
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 0.0 % was up from 0.0 % last month and down from 94.6 % in February of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2018 was 2 , up 100.0 % from 1 last month and down 33.3 % from 3 in February of last year .
50
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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 |
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|
18 |
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Selling Price versus Listing Price Ratio
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
160 % 140 % 120 %
94.6 %
100 % 80 % 60 % 40 % 20 % 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
Inventory / New Listings / Sales
18 16 14 12 10 8 6 4 2 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
8
12 13 13
12 11
10 11
12
9
7 8 8
10 11
10
11 16 16
15 14
12 13 13 13
10 13
11 12
11
9
8 9 10 10
11
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 .
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