MA ARCHIVED July 2017 | Page 26

Market Action Report
July 2017
County: Talbot
TALBOT
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
County: Talbot 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
LM
Trending versus*:
L3M PYM
LY
$1,795,000 0%
7%
$2,374,332 Trending
4% versus*: 2%
Month
LM L3M PYM
LY
$1,310,000
$1,795,000
0% 6% 6%
7% 12%
$1,612,143
$2,374,332
4% 24% 8%
2% 26%
$1,310,000 126
6% -1%
6% 12% -12%
-10%
7 -22%
$1,612,143 24%
8% 26% 40%
-9%
126 109
-1% 173% -19%
-12% -46%
7 $436
-22% 15% 6%
40% -7%
109 $278
173% -28%
-19% -18%
-46% -20%
-47%
$436 18.0
15% 28%
6% 10%
-7% -37%
-2%
$278 84.0%
-28% -7.0%
-18% -1.1%
-20% -5.3%
-24%
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
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 18.0 28% 10% -37% -55%
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
-27%
41
-19%
-12%
-12%
-12%
86% -12%
-47%
143 -39%
-2%
41 $433
86% -4%
143 $343
-39% -11%
-30%
-24%
-4% -63% -2%
-55% $433 19.7
-11% 4% -7%
.5% $343 86.2%
-30%
-2%
-7%
-51%
3%
3 Mo Avg
3 Mo Avg
7
6
5
4
5
3
4
2
3
3
0
1
1
2
Prices
$1,275,000
$1,567,378
-27%
-19%
8
6
14
15
The Median Sales Price in July was $1,310,000, up 12.4% from
Prices
4,000
$1,165,000
in July
of in
2016
5.6% from up $1,240,000
The
Median Sales
Price
July and
was up
$1,310,000,
12.4% from last
month. The
Average
Sales
Price
in July
was
$1,612,143,
up 4,000 3,500
$1,165,000
in July
of 2016
and
up 5.6%
from
$1,240,000
last
25.9% The
from Average
$1,281,000
July
2016
up 24.5% up from
month.
Sales in
Price
in of
July
was and
$1,612,143,
3,500
$1,295,000
last month.
July of
2017
ASP
at the from
highest level
25.9%
from $1,281,000
in July
2016
and was
up 24.5%
3,000
compared last
to July
of 2016
$1,295,000
month.
July and
2017 2015.
ASP was at the highest level
3,000
2,500
compared to July of 2016 and 2015.
2
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% $1,275,000
-9% $1,567,378
Number of Properties Sold
9
sales of 22.
10
July Property sales were 7, up 40.0% from 5 in July of 2016 and
22.2% lower
than the 9 sales last month. July 2017 sales were at
Property
Sales
10
their
highest sales
level were
compared
to July
of 2016
and of
2015.
July
Property
7, up 40.0%
from
5 in July
2016 July
and YTD
9
sales
of
41
are
running
86.4%
ahead
of
last
year's
year-to-date
22.2% lower than the 9 sales last month. July 2017 sales were at
sales highest
of 22. level compared to July of 2016 and 2015. July YTD 8
their
sales of 41 are running 86.4% ahead of last year's year-to-date
7
Trending versus*:
Prior YTD Prior Year
YTD
19.7 -63%
-51%
84.0% -7.0% -1.1% -5.3% Number
.5%
4% Sold 3%
of 86.2%
Properties
July Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
16
17
Median Sales Price
and Average Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
Total Inventory & Month's Sup ply of Inventory (MSI)
140.0
120.0
140.0
120.0
100.0 100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
0.0 0.0
160
140
120
100
80
60
40
20
0
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 126, down 0.8% from 127 last month and down 11.9% from 160
was 126, down 0.8% from 127 last month and down 11.9% from
143 in in July
July
last
year.
July
2017
Inventory
its lowest 140
143
of of
last
year.
July
2017
Inventory
was was
at its at lowest
level compared
compared
with
July
of 2016
2015.
level
with
July
of 2016
and and
2015.
120
100
80
60
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
40
higher MSI
MSI
better
buyers.
2017
of 18.0
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 18.0
months
at at
its its
lowest
level
compared
with with
July July
of 2016
and and 20
months was
was
lowest
level
compared
of 2016
0
2015.
2015.
A S A
O N
J F D M J A F M M J A J M A J S J O A N S D O J N F D
M J A M
J A
J 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 D
O N
F M
14 14
15
16
17
15
16
17
Copyright ©
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
26
| 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 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.