Queen Anne’s
MARKET ACTION REPORT
MARKET
ACTION
County: Queen
Annes REPORT
County: Queen Annes
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*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,649,000 -0%
Median List Price of all Current Listings
1%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$1,915,993
Average List
Price of&
allTrends
Current Listings
-11%
$1,649,000
Median
List
Price
of
all
Current
Listings
-0%
1%
$1,822,500
$1,822,500
January Median Sales Price
-63%
-5%
27%
-5%
27%
$1,915,993
Average
Price Sales
of all Price
Current Listings
-1% -20% -11%
$1,822,500 -63%
JanuaryList
Average
4% $1,822,500
4%
$1,822,500
January
Median Sales
Pricefor Sale (Inventory)
-5%
27%
51 -63%
Total Properties
Currently
4% -5% 16% 27% $1,822,500
$1,822,5002 100%
January
Price
-63% -20%
4% $1,822,500
4%
2
JanuaryAverage
NumberSales
of Properties
Sold
51
Total
Properties
for Sale (Solds)
(Inventory)
4% -88% 16% -78%
46 -96%
46
January
AverageCurrently
Days on Market
-78%
2 100%
January
Number
Properties
Sold on New Listings)
$299
$2992
Asking Price
per of
Square
Foot (based
26%
1%
-22%
-22%
46
46
January
Days
Market
(Solds)
-88%
-78%
-78%
$0 -96% -100%
$0
JanuaryAverage
Sold Price
peron
Square
Foot
-100%
-100%
$299
$299
25.5 -48%
25.5
Asking
Price
per Square
(based on New Listings)
26% -27%
1%
-22%
-22%
January
Month's
SupplyFoot
of Inventory
-34%
-34%
$0 97.6% -100%
$0
89.7%
87.9%
January
Square
-100%
-100%
JanuarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
35.5%
10.7%
8.4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date25.5
| Arrows indicate if Month / YTD values are higher (up), lower (down) or25.5
unchanged (flat)
January
Month's Supply of Inventory
-48% -27%
-34%
-34%
of Properties
89.7% 97.6% 35.5% Number
87.9% Sold
January Sale Price vs List Price Ratio
10.7%
8.4%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 6YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
0
Prices
The Median Sales Price in January was $1,822,500,
up from $0 in January of 2015 and down 63.2%
Prices
from $4,950,000 last month. The Average Sales
The Median Sales Price in January was $1,822,500,
Price in January was $1,822,500, up from $0 in
up from $0 in January of 2015 and down 63.2%
January of 2015 and down 63.2% from $4,950,000
from $4,950,000 last month. The Average Sales
last month. January 2016 ASP was at the highest
Price in January was $1,822,500, up from $0 in
level compared to January of 2015 and 2014.
January of 2015 and down 63.2% from $4,950,000
last month. January 2016 ASP was at the highest
level compared to January of 2015 and 2014.
Inventory & MSI
Number of Properties Sold
3 Mo Avg
2
3
3
3
3
3
2
2
1
3
3
2
0
0
1
4
2
1
1
2
4
1
5
0
1
1
0
3
3
5
2
5
1
2
1
2
5
6
4
5
3
4
2
3
1
2
0
1
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
2
3
3
3
3
3
2
2
1
3
3
2
0
0
1
4
2
1
1
2
4
1
5
0
1
1
0
3
3
5
2
5
1
2
1
2
Property Sales
January Property sales were 2, up from 0 in
January of Sales
2015 and 100.0% higher than the 1 sales
Property
last month.
January
were
at 0
their
January
Property
sales2016
weresales
2, up
from
in
highest
level
compared
to
January
of
2015
and
January of 2015 and 100.0% higher than the
1 sales
2014.
January
YTD sales
2 are
running
last
month.
January
2016 of
sales
were
at theirahead of
last year's year-to-date sales of 0.
highest level compared to January of 2015 and
2014. January YTD sales of 2 are running ahead of
last year's year-to-date sales of 0.
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
5,000
4,500
Median Sales Price and Average Sales Price
(000's)
3 Mo Avg
4,000
Median means Middle (the same # of properties sold above and below the Median)
5,000
3,500
4,500
3,000
4,000
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000 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
1,500 13
14
15
16
1,000
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
49
52
49
52
59
59
64
64
63
63
65
65
67
67
66
66
64
64
55
55
49
49
47
47
51
51
58
58
63
63
72
72
75
75
78
78
79
79
85
85
77
77
64
64
53
53
44
44
50
50
62
62
62
62
76
76
74
74
78
78
87
87
79
79
71
71
60
60
49
49
51
51
100
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
January was 51, up 4.1% from 49 last month and up
90
Inventory
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
15.9% from 44&inMSI
January of last year. January 2016
80
100
The
Total Inventory
Properties
sale
as of )%