MA ARCHIVED July 2017 | Page 18

Market Action Report
July 2017
County: Kent
KENT
Market Action Report
Agent Name
Community
County: Kent Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
Market Profile & Trends Overview
July Median
Sales
Price
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 Average
Number
of Properties
Sold
July
Sales
Price
July Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
July
Days per
on Square
Market Foot
(Solds)
July Average
Sold Price
Asking
Price per Supply
Square of Foot
(based on New Listings)
July Month's
Inventory
July
Foot Ratio
July Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 14.0
July
Month's
Supply 3 Months
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
Trending versus*:
L3M PYM
LY
0%
0%
Trending versus*:
Prior YTD Prior Year
YTD
-7%
11.2 -22%
-26%
5.2%
24% Sold 13%
Number of 91.0%
Properties
-3.0%
4
July Property sales were 1, up from 0 in July of 2016 and
higher than
the 0 sales last month. July 2017 sales were at their
Property
Sales
4
highest
level sales
compared
of 0 2016
and of 2015.
July YTD sales
July
Property
were 1, to
up July
from
in July
2016 and
of
4
are
running
equal
to
last
year's
year-to-date
sales
of
4.
higher than the 0 sales last month. July 2017 sales were at their
3
3 Mo Avg
Number of Properties Sold
3 Mo Avg
3
-1
1
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
15
16
17
0 0
1 1
1 1
2 2
2 2
3
3
-1
0%
84.8%
July Sale Price vs List Price Ratio
Prices
LM
$1,547,500 0%
19%
Trending versus*:
$1,993,500 Trending
0% versus*: 5%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,250,000
-13%
-13% $1,831,355
27%
27%
$1,547,500
0%
19%
$1,250,000
-13%
-13% $2,029,803
48%
42%
$1,993,500
0%
5%
-18%
$1,250,000 14 0%
-13%
-13% $1,831,355
27%
27%
1 -13%
4
0% 42%
$1,250,000
-13% $2,029,803
48%
100%
-30%
73 -88%
-83%
14 294
0%
-18%
-11%
1 $0 0% -100% -100% -100%
4 $362
0% 11%
294 $296 100% 0% -30% -27%
73 $397
-88% 32% -83% -2%
$0 14.0
0% -100%
11% -22%
-11% -26%
0% -100%
0% -100%
0% -7% $362 11.2
$296 84.8% 0% -3.0% -27% 5.2% $397 91.0%
32% 24% -2%
13%
Average List Price of all Current Listings
highest level compared to July of 2016 and 2015. July YTD sales
of 4 are running equal to last year's year-to-date sales of 4.
July 2017
Title
Phone
Agent
Name
Website
Title
Other
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
15
16
17
Median Sales Price
and Average Sales Price
The Median Sales Price in July was $1,250,000, up from $0 in
Prices
July
of 2016
and Price
up from
$0 was
last $1,250,000,
month. The
2,800
The
Median
Sales
in July
up Average
from $0 Sales
in
Price
July and
was
from The
$0 in
July of Sales
2016 and 2,800 2,600
July
of in
2016
up $1,250,000,
from $0 last up
month.
Average
up from
$0 was
last $1,250,000,
month. July
was
at of
the
highest
Price
in July
up 2017
from ASP
$0 in
July
2016
and level 2,600 2,400
compared
of 2016
2015.
up
from $0 to
last July
month.
July and
2017
ASP was at the highest level
2,400 2,200
compared to July of 2016 and 2015.
2,200 2,000
2,000 1,800
1,800 1,600
1,600 1,400
1,400 1,200
1,200 1,000
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
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
A S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of July
25.0 25.0
20.0 20.0
15.0 15.0
0
10.0
5
10
30.0
30.0
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 10
higher MSI
MSI
better
buyers.
2017
of 14.0
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 14.0
months
at at
its its
highest
level
compared
with with
July July
of 2016
and and 5
months was
was
highest
level
compared
of 2016
0
2015.
2015.
15
15 20 20
35.0
35.0
The Total Inventory of Properties available for sale as of July
was 14, equal to 14 last month and down 17.6% from 17 in July of 35
was 14, equal to 14 last month and down 17.6% from 17 in July of 35
last year.
year. July
July
2017
Inventory
at lowest
its lowest
compared 30 30
last
2017
Inventory
was was
at its
level level
compared
with July
July
2016
and
2015.
with
of of
2016
and
2015.
25 25
5.0
0.0 0.0
A S A O N
D N
J F D M J A F M
A S J O J N A D S J O F N M D A J M F J M J A M J J
S O
M J A J M A J S J O A N S D O J N F D M J A M
F M J A J M
14 14
15
16
17
15
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
18
coldwellbankerluxury.com
Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of 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
Data is provided courtesy of Coastal Association of REALTORS of 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
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
10.0
5.0