MA ARCHIVED July 2017 | Page 24

Market Action Report
July 2017
County: Queen Annes ANNE’S
QUEEN
Market Action Report
Agent Name
Community
County: Queen Information
Annes
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
July 2017
Title
Phone
Agent
Name
Website
Title
Other
LM
Trending versus*:
L3M PYM
LY
$1,699,000 0%
26%
$2,352,865 Trending
-0% versus*:
27%
Month
LM L3M PYM
LY
$1,342,500
$1,699,000
0% 17% 8%
26% -17%
$1,342,500
$2,352,865
-0% 16% 0%
27% -17%
52 0%
$1,342,500 17%
8% -17% -17%
0%
2 -50%
0%
$1,342,500 16%
0% -17% -13%
26 -77% -76%
52 0%
-17% -7%
2 $436
-50% -2% 6%
0% 18%
26 $271
-77% -10%
-76% -10%
-7% -12%
-75%
$436 26.0
-2% 100%
6% 57%
18% -17%
20%
$271 96.6%
-10% -3.8%
-10% .4%
-12% 2.4%
0%
Average List Price of all Current Listings
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
0% $1,210,000
-13% $1,345,778
$1,210,000
$1,345,778
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
6
-75%
115
20%
16 $352
23%
115 $301
39%
0%
-5%
-22% $352 25.5
9%
7.2% $301 94.1%
3 Mo Avg
3 Mo Avg
1
0
1
2 2
3
Prices
11%
-3%
11%
-24%
4%
Number of Properties Sold
3
14
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
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
0
-10%
23% -13%
39%
-5%
9% 11%
-17% -3%
4% 11%
4
4
1
-24%
16
-25%
-10%
-13%
5
of 16 are running 23.1% ahead of last year's year-to-date sales of
13.
-24%
-25%
25.5 -17%
-24%
96.6% -3.8% .4% 2.4% 7.2%
4% Sold 4%
Number of 94.1%
Properties
July Sale Price vs List Price Ratio
July Property sales were 2, equal to 2 in July of 2016 and 50.0%
lower than Sales
the 4 sales last month. July 2017 sales were at their
Property
6
lowest
level compared
to equal
July of
and of
2015.
YTD sales
July
Property
sales were 2,
to 2016
2 in July
2016 July
and 50.0%
of
16
are
running
23.1%
ahead
of
last
year's
year-to-date
sales
of
lower than the 4 sales last month. July 2017 sales were at their
5
13. level compared to July of 2016 and 2015. July YTD sales
lowest
Trending versus*:
Prior YTD Prior Year
YTD
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 26.0 100% 57% -17% -22%
July
Month's
Supply 3 Months
of Inventory
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
16
Median Sales Price
and Average Sales 17
Price
15
The Median Sales Price in July was $1,342,500, down 17.4%
Prices
5,000
from
$1,625,000
in July
of 2016
and up 16.6%
from
$1,151,224
The
Median
Sales Price
in July
was $1,342,500,
down
17.4%
5,000 4,500
last $1,625,000
month. The in Average
Sales and
Price
July from
was $1,342,500,
from
July of 2016
up in
16.6%
$1,151,224
down
17.4%
from
$1,625,000
in July
of 2016
and up 16.2% from
4,500 4,000
last
month.
The
Average
Sales Price
in July
was $1,342,500,
$1,155,612
last month.
July in 2017
was and
at the
lowest from
level 4,000
down
17.4% from
$1,625,000
July ASP
of 2016
up 16.2%
3,500
compared last
to July
of 2016
and 2015.
$1,155,612
month.
July 2017
ASP was at the lowest level
3,500 3,000
compared to July of 2016 and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
3,000 2,500
2,500
2,000
2,000
1,500
1,500
1,000
1,000
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
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
90
80
70
60
50
40
30
20
10
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 52, equal to 52 last month and down 17.5% from 63 in July 90
was 52, equal to 52 last month and down 17.5% from 63 in July
last year.
year. July
July
2017
Inventory
at lowest
its lowest
80
of of last
2017
Inventory
was was
at its
level level
compared
with
July
2016
2015.
70
compared
with
July
of of
2016
and and
2015.
60
50
40
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 30
higher MSI
MSI
better
buyers.
2017
of 26.0 20
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 26.0
10
months
at at
a mid
level
compared
with
July July
of 2016
and and
2015. 2015.
months was
was
a mid
level
compared
with
of 2016
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
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24
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© 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.
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0