MA ARCHIVED July 2017 | Page 28

Market Action Report
July 2017
County: Worcester
WORCESTER
Market Action Report
Agent Name
Community
Information
County: Worcester
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
$1,495,000 2%
-0%
$1,756,246 Trending
4% versus*: 1%
Month
LM L3M PYM
LY
$1,320,000
$1,495,000
2% 6% 8%
-0%
$1,306,667
$1,756,246
4% 5% 1%
1%
41 -13%
46%
$1,320,000 6%
8%
2%
3 200%
$1,306,667 5%
1%
-1%
41 260
-13% -17% 27%
46%
3 $512
200% -3% 1% 28%
260 $424
-17% 46%
27% -1% 64%
$512 13.7
-3% -71%
1% -40%
28% 0%
20%
$424 85.9%
46% 8.2%
-1% -1.8% 32%
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 13.7 -71% -40%
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
7
July Property sales were 3, up from 0 in July of 2016 and
200.0% higher
Property
Sales than the 1 sales last month. July 2017 sales were
7
at their
highest
level
to 0 July
of 2016
and and
2015. July
July
Property
sales
were compared
3, up from
in July
of 2016
YTD
sales
of
15
are
running
equal
to
last
year's
year-to-date
200.0% higher than the 1 sales last month. July 2017 sales were 6
15. level compared to July of 2016 and 2015. July
at sales
their of
highest
Prices
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD Prior Year
YTD
2%
-1%
$1,200,000
$1,271,000
$1,200,000
$1,271,000
-8%
-3%
-8%
15
-3%
-8%
-3%
-8%
0% -3%
26%
7%
36% 31%
19% 7%
-2% 32%
64%
208
20%
15 $460
0%
208 $425
26%
32%
7%
-19% $460 17.7
36%
-4.1% $425 87.7%
31%
7%
32%
5%
-2%
-19%
17.7
19%
5%
-4.1%
-2% Sold -2%
Number of 87.7%
Properties
3 Mo Avg
Number of Properties Sold
3 Mo Avg
6
-1
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
0 0
1 1
2 2
3 3
4 4
5
5
-1
0%
85.9% 8.2% -1.8%
July Sale Price vs List Price Ratio
YTD sales of 15 are running equal to last year's year-to-date
sales of 15.
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 $1,320,000, up from $0 in
Prices
2,000
July
of 2016
and Price
up 5.6%
from
The
Median
Sales
in July
was $1,250,000
$1,320,000, last
up month.
from $0 The
in
2,000 1,900
Average
Sales
in July
$1,306,667,
from The
$0 in July
July
of 2016
and Price
up 5.6%
from was
$1,250,000
last up
month.
of 2016 Sales
and up
4.5%
from was
$1,250,000
last
2017 1,900 1,800
Average
Price
in July
$1,306,667,
up month.
from $0 July
in July
1,800 1,700
was
the
highest
compared
July of July
2016
and 2015.
of ASP
2016
and at up
4.5%
from level
$1,250,000
last to
month.
2017
ASP was at the highest level compared to July of 2016 and 2015. 1,700 1,600
1,600 1,500
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100 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)
30
20
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
2017
of 13.7
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 13.7
10
months
at at
its its
lowest
level
compared
with with
July July
of 2016
and and
months was
was
lowest
level
compared
of 2016
0
2015.
2015. 20
40
50.0
50.0
10
40.0
30
50
30.0 30.0
20.0 20.0
10.0 10.0
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 ©
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
28
| 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.
40.0
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 41, down 12.8% from 47 last month and up 46.4% from 28 50
was 41, down 12.8% from 47 last month and up 46.4% from 28
July of of
las t
year.
July
2017
Inventory
a mid
in in July
last
year.
July
2017
Inventory
was was
at a at
mid
level level
40
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
0.0