MA ARCHIVED February 2018 | Page 76

Market Action Report February 2018 County: Stafford STAFFORD Agent Name Market Action Report Community Information County: Stafford Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other Trending versus*: LM L3M PYM LY Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year YTD Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a 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 last month and up from 0 days in February of last year. The February 2018 DOM was at its lowest level compared with February of 2017 and 2016. * LM=Last Month / L3M=Last Supply 3 Months of / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 0.0 February Month's Inventory 3 Mo Avg Number of Properties Sold 3 Mo Avg 1 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 0 0 -1 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 15 16 17 18 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 80% 60% 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 Inventory / New Listings / Sales 8.0 8.0 10.0 10.0 12.0 12.0 6.0 4.0 4.0 2.0 2.0 0.0 0.0 6.0 M A M M A J M J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M J J A A M S J O J N A D S J O F N D J F D A J M F M 15 15 16 17 18 16 17 18 Copyright © Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 76 | Coldwell coldwellbankerluxury.com 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 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. 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. 6 8 10 12 14 14.0 16 14.0 18 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 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 1, down 50.0% from 2 last month and up from 0 in February of last year. 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 18 100% 20% Inventory & MSI 120% 40% 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 18 16 14 12 10 8 6 4 2 0 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 1,000 Median Sales Price and Average Sales Price Selling Price versus Listing Price Ratio Selli