Cecil Community Information
Cecil Community Information
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 |
$ 269,900 |
2 % |
|
1 % |
|
|
|
|
Average List Price of all Current Listings |
$ 346,780 |
4 % |
|
10 % |
|
|
|
|
July Median Sales Price |
$ 220,000 |
-2% |
2 % -10% |
2 % |
$ 210,000 |
-2% |
-3% |
July Average Sales Price |
$ 238,439 |
2 % |
2 % |
-6% |
0 % |
$ 229,203 |
-6% |
-4% |
Total Properties Currently for Sale ( Inventory ) |
599 |
0 % |
|
-23% |
|
|
|
|
July Number of Properties Sold |
108 |
-14% |
|
0 % |
|
669 |
21 % |
|
July Average Days on Market ( Solds ) |
77 |
1 % |
-9% -32% |
-25% |
91 |
-21% |
-12% |
Asking Price per Square Foot ( based on New Listings ) |
$ 134 |
6 % |
2 % |
2 % |
1 % |
$ 128 |
-6% |
-4% |
July Sold Price per Square Foot |
$ 113 |
-1% |
-2% |
-6% |
-8% |
$ 119 |
0 % |
-3% |
July Month ' s Supply of Inventory |
5.5 |
16 % |
4 % |
-23% |
-38% |
6.5 |
-32% |
-28% |
July Sale Price vs List Price Ratio |
94.1 % |
-. 8 % |
. 5 % 2.0 % |
4.1 % |
92.7 % |
3 % |
3 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 108 , equal to 108 in July of 2015 and 13.6 % lower than the 125 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 669 are running 21.0 % ahead of last year ' s year-todate sales of 553 .
140 120 100 80
Number of Properties Sold
3 Mo Avg
60 40 20
Prices The Median Sales Price in July was $ 220,000 , down 10.2 % from $ 245,000 in July of 2015 and down 2.2 % from $ 224,900 last month . The Average Sales Price in July was $ 238,439 , down 5.8 % from $ 253,117 in July of 2015 and up 2.0 % from $ 233,778 last month . July 2016 ASP was at the lowest level compared to July of 2015 and 2014 .
0
350 330 310 290 270 250 230 210 190 170 150
79 64 71 66 61 45 40 45 59 75 70 67 78 89 75 80 83 67 45 65 85 86 97 108 102 98 97 66 94 81 73 71 102 109 125 108
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 M J |
J |
13 |
|
|
14 |
|
|
|
|
|
15 |
|
|
|
|
|
16 |
|
|
Median Sales Price and Average Sales Price |
3 Mo Avg
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 M J |
13 |
|
|
14 |
|
|
|
|
|
15 |
|
|
|
|
|
16 |
|
J
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of July was 599 , up 0.2 % from 598 last month and down 23.5 % from 783 in July of last year . July 2016 Inventory was at its lowest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 5.5 months was at its lowest level compared with July of 2015 and 2014 .
900 800 700 600 500 400 300 200 100
0
900 800 700 600
773
A 13
720
500 400 300 200 100
0
773
713 720 724
Total Inventory & Month ' s Supply of Inventory ( MSI )
678 713
678 724
683 678
708 678
683 767 708
814 847 767 827
814 826
847 839
827 810
826 739
839
667 643
810
647 739
663 667
643 701
647 774
663 793
701 783
755 774
777 793
749 783
709 755 649
777
586 571 593
649 616 586 610 571 598
593 599
616
S AO NS OD NJ
FD MJ
AF M JA JM AJ S JOAN SD OJ NF DM JA MF MJ AJ MA SJ OJ NA DS JO FNM DA JM J
13 14 14
15 15
16 16
749
709
18.0 16.0 14.0 12.0
610
598
10.0 8.0 6.0 4.0 2.0 0.0
F MJ A M J
599
J
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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