MA ARCHIVED July 2016 | Page 50

Market Action Report

Clarke

County: Clarke

July 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information
Trending versus*:
L3M PYM
LY
10%

.3%

30

July Property sales were 22, up 22.2% from 18 in July of 2015
and 10.0% higher than the 20 sales last month. July 2016 sales
25
Property Sales
were at their highest level compared to July of 2015 and 2014. 30
July Property sales were 22, up 22.2% from 18 in July of 2015
July YTD sales of 125 are running 47.1% ahead of last year's yearand 10.0% higher than the 20 sales last month. July 2016 sales
25 20
to-date
sales
of 85. level compared to July of 2015 and 2014.
were
at their
highest

Prices

The Median Sales Price in July was $345,400, up 5.5% from
Prices
$327,450 in July of 2015 and up 11.4% from $309,950 last
The
Median
Sales
Price Sales
in JulyPrice
was $345,400,
5.5% fromdown
month.
The
Average
in July wasup$346,693,
$327,450 in July of 2015 and up 11.4% from $309,950 last
3.0% from $357,303 in July of 2015 and up 4.4% from
month. The Average Sales Price in July was $346,693, down
$332,058 last month. July 2016 ASP was at the lowest level
3.0% from $357,303 in July of 2015 and up 4.4% from
compared to July of 2015 and 2014.
$332,058 last month. July 2016 ASP was at the lowest level
compared to July of 2015 and 2014.

3%

6%22%

2%

-35% 3%

-26%

-0% 2%

0%

-44%

-26%
0%

3 Mo Avg

15

18

27

20

14

18

14

10

15

14

5

11

9

23

22

7

13

8

15

16

14

3 Mo Avg

22

20

18

28

16

12

9

15

18

27

20

14

18

14

10

15

14

14

20

12

22

7

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
8

0

13

0

17

5

15

5
16

10

16

10

14

15

22%

17%

Number of Properties Sold

17

15

16

July YTD sales of 125 are running 47.1% ahead of last year's year20
to-date sales of 85.

1.2%

16%

7.3
-35%
-1.9% Number
1.2%
of92.6%
Properties -0%
Sold

-9% -39%

8

Property Sales

-44%

0%

-12%

22

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

7%

47%

20

5.5 -8%
93.4% -1.4%

-2%

-12%

18

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

July Month's Supply of Inventory

-7%

13%

0%

-14%

125
-14%
115
125 $184 47%
115 $152 16%
7.3 17%
$184
$152 92.6% 6%

5

JulySold
SalePrice
Priceper
vsSquare
List Price
July
FootRatio

$315,000
$373,344

9

July Month's
Inventory
Asking
Price perSupply
SquareofFoot
(based on New Listings)

23

JulyAverage
Sold Price
July
Daysper
onSquare
Market Foot
(Solds)

$373,344

-18%

9

Asking
Priceofper
Square Foot
July
Number
Properties
Sold (based on New Listings)

Trending versus*:
YTD
Prior YTD Prior
Year
$315,000
-2%

10%

11

July Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

14

July Number of Properties Sold

July Average Sales Price

23

Total Properties Currently for Sale (Inventory)

July Median Sales Price

8

Average List Price of all Current Listings

20

July Average Sales Price

9

Market
Profile
& Trends
July Median
Sales
Price Overview
Median List Price of all Current Listings

28

-6%

$709,432 Trending
-1% versus*:12%
Month
LM 11%
L3M PYM
LY
$345,400
3% 5%
$439,000
-6%
10%
$346,693 4%
-8% -3%
$709,432
-1%
12%
120 1%
-25%
$345,400 11%
3% 5%
10%
22 10%
22%
$346,693 4%
-8% -3%
-18%
87 -21% -15%
120 1%
-25% 38%
$202
16%
5% 29%
22 10%
22%
$160
23%
5%
87 -21% -15% 38% 10%
-7%
$202 5.5
16% -8%
5% -9%
29% -39%
13%
.3% -1.9%
$16093.4%
23% -1.4%
5% 10%
7%

Average List Price of all Current Listings

Trending versus*:
Prior YTD Prior Year

YTD

16

LM

12

Phone
Website
Month
Other
$439,000

Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con

9

Price Range: All | Properties: SFH - Con

12

County: Clarke

Agent Name

23

Market Action Report

July 2016

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

950

Median Sales Price and Average Sales Price

3 Mo Avg

950 850
850 750
750 650
650 550
550 450
450 350
350 250
250 150
150

Inventory & MSI

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

14 A M J J A S O N D J F M 15
A S 13
O N D J F M
A M J J A S O N D J F M A16M J J
13
14
15
16

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

20.0
15.0

119
120
119
120

123
125
121123
114 125
100 121
101 114
100
100
102
101
122
100
102 140
151
122
146
140
144
151
135
146
129
144
114
135
106
129
101
87 114
103106
101 131
87 134
103
155
131160
134159
155
155
138 160
128
159
119
155
107
138
110
128
118
119
119
107
120
110
119
118
120

Inventory
& MSI of Properties available for sale as of July
The Total Inventory
180
The
of Properties
for down
sale as25.0%
of Julyfrom
wasTotal
120,Inventory
up 0.8% from
119 last available
month and
180 160
was
up 0.8%
from
119July
last month
and down was
25.0%
from
160120,
in July
of last
year.
2016 Inventory
at its
lowest
160
160
in compared
July of last with
year.July
Julyof
2016
Inventory
was at its lowest
140
level
2015
and 2014.
140
level compared with July of 2015 and 2014.
120
120
100
100
80
80
A comparatively lower MSI is more beneficial for sellers while a60 60
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
2016
of 5.5
40 40
higher
is is
better
forfor
buyers.
TheThe
JulyJuly
2016
MSIMSI
of 5.5
20
monthswas
was
lowest
level
compared
of 2015
months
atat
itsits
lowest
level
compared
withwith
JulyJuly
of 2015
and and 20
0
2014.
0
2014.

10.0
5.0

0.0
S O
M JA JMA J S J O AN SD OJ NF DM JA M
F M
A S A
O N
D N
J FD MJ AF M
J AJ M
A SJ OJ NA DS JO FNMD A JMF J MJ A M J J
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
50
| c
o lofdCoastal
w eAssociation
l l b aofnREALTORS
kerh
o m eMetropolitan
s . c oRegional
m Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data
is is
provided
courtesy
of MD,ofInc.,
Data
provided
courtesy
of Coastal
Association of REALTORS
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
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con

does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.

20.0
15.0
10.0
5.0
0.0