MA ARCHIVED July 2017 | Page 22

Market Action Report July 2017 County: Prince Georges PRINCE GEORGE’S Market Action Report Agent Name Community County: Prince Information Georges 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 8.0 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 Trending versus*: Prior YTD Prior Year YTD 0% 33% 11.0 0% 83% -29.5% 0% Sold -29% Number of 94.5% Properties 3 Mo Avg Number of Properties Sold 3 Mo Avg 2 2 of 3 are running ahead of last year's year-to-date sales of 0. 2 1 1 0 0 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 1 1 -1 0% .0% 3 July Property sales were 2, up from 0 in July of 2016 and higher than the 0 sales last month. July 2017 sales were at their Property Sales 3 highest level sales compared of 0 2016 and of 2015. July YTD sales July Property were 2, to up July from in July 2016 and of 3 are running ahead of last year's year-to-date sales of 0. higher than the 0 sales last month. July 2017 sales were at their highest level compared to July of 2016 and 2015. July YTD sales 2 0 0% 94.5% July Sale Price vs List Price Ratio -1 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 14 15 16 17 Median Sales Price and Average Sales Price The Median Sales Price in July was $1,147,500, up from $0 in Prices 1,700 July of 2016 and Price up from $0 was last $1,147,500, month. The The Median Sales in July up Average from $0 Sales in 1,700 Price July and was up month. from $0 July of Sales 2016 and up July of in 2016 up $1,147,500, from $0 last The in Average 1,600 from in $0 last month. July 2017 ASP $0 was the of highest level Price July was $1,147,500, up from in at July 2016 and up 1,600 compared to July of 2016 and 2015. from $0 last month. July 2017 ASP was at the highest level 1,500 compared to July of 2016 and 2015. LM $1,499,998 0% -0% Trending versus*: $1,727,299 Trending 5% versus*: 11% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,147,500 0% 2% $1,245,000 9% 11% $1,499,998 0% -0% $1,147,500 0% 2% $1,206,667 0% 8% $1,727,299 5% 11% 45% $1,147,500 16 14% 0% 2% $1,245,000 9% 11% 2 0% 3 0% 8% $1,147,500 2% $1,206,667 0% 98 0% 100% 66 0% 35% 16 14% 45% -33% 2 $0 0% -100% 0% -100% 3 $185 0% -44% 98 $107 0% 0% 100% -82% 66 $97 0% 0% 35% -83% $0 8.0 0% -100% 0% -100% -44% 0% -33% 83% 0% 0% 0% 33% $185 11.0 $107 94.5% 0% .0% -82% -29.5% $97 94.5% 0% 0% -83% -29% Average List Price of all Current Listings Prices July 2017 Title Phone Agent Name Website Title Other Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 1,500 1,400 1,400 1,300 1,300 1,200 1,200 1,100 1,100 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 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 18 16 14 12 10 8 6 4 2 0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory of Properties available for sale as of July The Total Inventory of Properties available for sale as of July was 16, up 14.3% from 14 last month and up 45.5% from 11 in 18 was 16, up 14.3% from 14 last month and up 45.5% from 11 in July of of last last year. July July 2017 Inventory at highest its highest July year. 2017 Inventory was was at its level level 16 compared with July 2016 2015. 14 compared with July of of 2016 and and 2015. 12 10 8 comparatively lower MSI is more beneficial for sellers a 6 A A comparatively lower MSI is more beneficial for sellers while while a 4 higher MSI MSI better buyers. 2017 of 8.0 higher is is better for for buyers. The The July July 2017 MSI MSI of 8.0 months at at its its highest level compared with with July July of 2016 and and 2 months was was highest level compared of 2016 0 2015. 2015. 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 © Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 22 | Coldwell 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 consum er’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. 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0