MA ARCHIVED July 2016 | Page 38

Market Action Report Wicomico County: Wicomico July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $169,900 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 0% Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) July Median Sales Price July Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Priceofper Square Foot July Number Properties Sold (based on New Listings) JulyAverage Sold Price July Daysper onSquare Market Foot (Solds) July Month's Inventory Asking Price perSupply SquareofFoot (based on New Listings) JulySold SalePrice Priceper vsSquare List Price July FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 5.8 32% 91.7% .7% July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 7% -1.0% 140 $148,460 1% $147,700 $148,460 1% 600 -5% 105 600 $93 0% 105 $82 6% 7.0 0% $93 $82 91.8% -4% 12% 7% 3% -23% .3% 3% -5% 0% -6% 3% -6% 6% 3% 0% 2% -4% 3% -2% -10% 2% -8% -0%-2% 0% -23% -8% 0% 3 Mo Avg Number of Properties Sold 3 Mo Avg 100 The Median Sales Price in July was $150,000, down 6.2% from Prices $159,900 in July of 2015 and down 2.0% from $153,028 last The Median Sales Price Sales in JulyPrice was $150,000, 6.2% from month. The Average in July wasdown $158,102, down 200 $159,900 in July of 2015 and down 2.0% from $153,028 last 9.1% from $173,855 in July of 2015 and up 2.7% from $153,915190 month. The Average Sales Price in July was $158,102, down last month. July 2016 ASP was at the lowest level compared to180 9.1% from $173,855 in July of 2015 and up 2.7% from $153,915 July of 2015 and 2014. 170 160 150 140 130 120 110 100 200 190 180 170 160 150 140 130 120 110 100 126 91 94 78 88 70 53 71 107 61 111 96 104 122 96 80 78 55 65 98 57 79 83 86 89 65 67 83 71 64 58 72 61 91 126 94 88 70 53 71 61 107 96 111 104 122 96 80 78 55 65 98 57 79 83 65 67 83 61 71 78 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 J Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 624 616 624 635 614616 584 635 563 614 551 584 561 563 609 551 638 561 652 609 644 638 647 652 637 644 627 647 621 637 581 591 627 597621 581 596 591 633 597 645 596 659 648 633 642645 647659 627648 607 642 578 647 551 627 572 607 572 578 573 551 569 572 552 572 528 400 Median Sales Price and Average Sales Price 14 A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A S 13 O N D J F M 13 14 15 16 Inventory & MSI of Properties available for sale as of July The Total Inventory The of Properties available forand saledown as of 18.5% July from 700 wasTotal 528,Inventory down 4.3% from 552 last month 700 was downof4.3% from 552 month and down 648528, in July last year. Julylast 2016 Inventory was18.5% at its from lowest 600 648 in July of last year. July 2016 Inventory was at its lowest 600 level compared with July of 2015 and 2014. 500 level compared with July of 2015 and 2014. 500 54 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 Median Sales Price and Average Sales Price 13 14 15 16 3 Mo Avg 400 300 14.0 12.0 573 569 552 528 Prices A S O N D J F M