Cecil
MARKET ACTION REPORT
MARKET
County: CecilACTION REPORT
County: Cecil
January 2016
January 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
YTD
LY
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,500,000 -15%
Median List Price of all Current Listings
-11%
LM L3M PYM
LY
Market
Profile
Overview
Month -3%
YTD Prior YTD Prior Year
$1,934,322
Average List
Price of&
allTrends
Current Listings
-10%
$1,500,000
Median
List
Price
of
all
Current
Listings
-15%
-11%
$0
$1,690,000
January Median Sales Price
-100% -100%
-100%
37%
21%
$1,934,322
Average
Price Sales
of all Price
Current Listings
-3% -100% -10% -100%
$0 -100%
$0
JanuaryList
Average
-100%
$09 -100%
January
Median Sales
Pricefor Sale (Inventory)
37%
21%
Total Properties
Currently
-10% -100% -31% -100% $1,690,000
$0
$0
January
Average
Sales
Price
-100%
-100%
-100%
-100%
0
0
January Number of Properties Sold
90 -100%
Total
Properties
for Sale (Solds)
(Inventory)
-10% -100% -31% -100%
0
January
AverageCurrently
Days on Market
-100%
0 -100%
January
Number
Properties
Sold on New Listings)
$0
$00
Asking Price
per of
Square
Foot (based
-100%
-100%
0 -100% -100%
January
Days
Market
(Solds)
-100%
$0
$00
JanuaryAverage
Sold Price
peron
Square
Foot
-100%
-100%
$0 -100% -100%
$0
0.0
0.0
Asking
Price
per Square
(based on New Listings)
-100%
January
Month's
SupplyFoot
of Inventory
-100%
-100%
$0 -100%
$0
0.0%
0.0%
January
Square
-100%
-100%
JanuarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
#### -100%
####
####
-100.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |0.0
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
0.0 (flat)
January
Month's Supply of Inventory
-100% -100%
-100%
-100%
of Properties
0.0% #### #### Number
0.0% Sold
January Sale Price vs List Price Ratio
####
-100.0%
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 3YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
The Median Sales Price in January was $0, up from
$0 in January of 2015 and down 100.0% from
Prices
$1,232,956 last month. The Average Sales Price in
The Median Sales Price in January was $0, up from
January was $0, up from $0 in January of 2015 and
$0 in January of 2015 and down 100.0% from
down 100.0% from $1,232,956 last month. January
$1,232,956 last month. The Average Sales Price in
2016 ASP was at a mid range compared to January
January was $0, up from $0 in January of 2015 and
of 2015 and 2014.
down 100.0% from $1,232,956 last month. January
2016 ASP was at a mid range compared to January
of 2015 and 2014.
1
1
0
1
0
0
0
0
1
0
0
0
0
1
0
1
2
0
0
1
0
1
0
1
0
0
0
0
0
0
2
1
2
0
0
0
0
0
2
0
1
2
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
13
14
15
16
F M A M J Median
J A S O N
D J FPrice
M A M
J JAverage
A S O N D
J F M
A M J J A S O N D J
Sales
and
Sales
Price
14
15
3 Mo Avg 16
Median means Middle (the same # of properties sold above and below the Median)
(000's)
13
4,500
4,000
(000's)
3,500
4,500
3,000
4,000
Median Sales Price and Average Sales Price
Median means Middle (the same # of properties sold above and below the Median)
3 Mo Avg
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000
1,500
1,000
Inventory & MSI
3 Mo Avg
2
2
0
Prices
Number of Properties Sold
2
3
0
0
0
0
1
0
0
0
0
1
0
1
2
0
0
1
0
1
0
1
0
0
0
0
0
0
2
1
2
0
0
0
0
0
2
0
January Property sales were 0, up from 0 in
January of Sales
2015 and 100.0% lower than the 2 sales
Property
last month.
January
were
at their
January
Property
sales2016
weresales
0, up
from
0 in lowest
level
compared
to
January
of
2015
and
2014.
January of 2015 and 100.0% lower than the 2 sales
January
YTD
sales of2016
0 aresales
running
last
last
month.
January
were ahead
at theiroflowest
year's year-to-date sales of 0.
level compared to January of 2015 and 2014.
January YTD sales of 0 are running ahead of last
year's year-to-date sales of 0.
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
13
14
15
16
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
Total Inventory
& Month's Supply 15
of Inventory (MSI) 16
13
14
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
17
20
19
15
17
20
19
18
17
18
8
8
8
18
17
18
13
13
14
14
12
12
11
11
12
12
12
12
14
14
12
12
13
13
12
12
11
11
10
10
9
9
11
12
10
15
8
8
8
15
16
10
11
12
14
14
13
12
14
13
13
14
16
13
12
14
13
13
14
16
15
16
25
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
January was 9, down 10.0% from 10 last month and
Inventory
& MSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
down 30.8% from
13 in January of last year. January
20
25
The
Total
Inventory
forwith
sale as of
2016
Inventory
wasof
atProperties
a mid levelavailable
compared
January
9, down
Januarywas
of 2015
and 10.0%
2014. from 10 last month and
15
down 30.8% from 13 in January of last year. January
20
2016 Inventory was at a mid level compared with
10
January
of 2015 and
2014.
A comparatively
lower
MSI is more beneficial for sellers
15
while a higher MSI is better for buyers. The January
5
20