MA ARCHIVED June 2016 | Page 14

Market Action Report Cecil County: Cecil Market Action Report County: Cecil June 2016 Agent Name June 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other $1,824,000 Market Profile & Trends Overview Median List Price all Current Price Range: $1,000,000 and Up |of Properties: SFH - Con Listings LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD -9% 3% Trending versus*: $2,175,563 Trending -7% versus*: 13% Month $0 LM -100% L3M -100% PYM -100% LY -100% YTD Prior YTD 31% Prior Year 43% $2,000,000 $1,824,000 -9% 3% $0 -100% -100% -100% -100% $2,000,000 -23% -10% $2,175,563 -7% 13% 14 17% 17% $0 -100% -100% -100% -100% $2,000,000 31% 43% 0 -100% -100% 1 -80% $0 -100% -100% -100% -100% $2,000,000 -23% -10% 0 -100% -100% 13 -94% -93% 14 17% 17% -100% -100% $319 0% 0% -33% -10% $319 -9% -10% 0 -100% -100% 1 -80% $0 -100% -100% 0% -100%-100% $0 -100% 0 -100% 13 -94% -93% -100% 0.0 -100% -100% -100% -100% 12.0 53% $319 0% 0% -33% -10% $319 -9% -10% 71% $0 0.0% -100.0% 0% -100.0% -100.0% -100%-100.0% $0100.0% -100% 26% -100% 29% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) June Median Sales Price June Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Priceof per Square Foot June Number Properties Sold (based on New Listings) JuneAverage Sold Price June Daysper on Square Market Foot (Solds) June Month's Inventory Asking Price perSupply Square of Foot (based on New Listings) JuneSold SalePrice Priceper vsSquare List Price June FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 0.0 -100% -100% -100% -100% 12.0 53% 71% 0.0% -100.0% -100.0% -100.0% -100.0% 100.0% 26%Sold 29% Number of Properties June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 3 June Property sales were 0, down 100.0% from 2 in June of 2015 and 100.0% lower than the 1 sales last month. June 2016 Property Sales sales were at their lowest level compared to June of 2015 and 3 June Property sales were 0, down 100.0% from 2 in June of 2014. June YTD sales of 1 are running 80.0% behind last year's 2015 and 100.0% lower than the 1 sales last month. June 2016 year-to-date sales of 5. level compared to June of 2015 and 2 sales were at their lowest -1 13 0 1 0 0 0 0 2 0 0 0 0 0 2 1 2 0 0 0 0 0 0 1 0 1 0 1 0 0 2 0 1 0 1 0 0 0 0 2 0 0 0 0 0 2 1 2 0 0 0 0 0 0 1 0 1 0 1 0 0 2 1 0 1 0 0 0 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 O N D J F M A M J 13 14 15 16 -1 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 O N D J F M A M J 15 and Average Sales Price 16 Median Sales Price 14 The Median Sales Price in June was $0, down 100.0% from Prices 4,500 $4,575,000 in June of 2015 and down 100.0% from The Median Sales in June $0, down from $2,000,000 lastPrice month. Thewas Average Sales100.0% Price in June was 4,000 4,500 $4,575,000 in June of 2015 and down 100.0% from $0, down 100.0% from $4,575,000 in June of 2015 and down $2,000,000 last month. The Average Sales Price in June was 100.0% from $2,000,000 last month. June 2016 ASP was at a4,0003,500 $0, down 100.0% from $4,575,000 in June of 2015 and down mid range compared to June of 2015 and 2014. 3,5003,000 100.0% from $2,000,000 last month. June 2016 ASP was at a mid range compared to June of 2015 and 2014. 1 0 0 0 1 0 1 0 1 1 Prices 3 Mo Avg 2 2 0 Number of Properties Sold 2 0 2014. June YTD sales of 1 are running 80.0% behind last year's year-to-date sales of 5. 3 Mo Avg 3 Mo Avg Median Sales Price and Average Sales Price 3 Mo Avg 3,0002,500 2,5002,000 2,0001,500 1,500 1,000 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 O N D J F M A M J 1,000 14 A M J J A S O N D J F M 15 J A 13 S O N D J F M A M J J A S O N D J F M A16M J 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 0 14 5.0 0 0.0 S D O N F M J A JS A O N J FD MJ AF MM JA JMA J S J O AN SD OJ NF D M JA M J AJ M A SJ OJ NA DS JO FNMD A JMF J M A M J 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con 14 |provided ccourtesy o l ofdCoastal w e Association l l b a ofnREALTORS k e r hof o m eMetropolitan s . c oRegional m Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Data is is provided MD,ofInc., Data courtesy of Coastal Association of REALTORS MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction. 10.0 10 10.0 8 6 6 7 15.0 12 14 12 10 9 8 7 10 11 12 9 11 13 10 11 1212 11 12 13 11 15.0 1212 12 14 11 13 15 12 14 13 15 17 17 19 20 18 19 17 20 18 18 16 17 15 18 16 11 8 11 20.0 20.0 8 12 15 14 16 8 10 88 5 10 10 8 5 15 12 A comparatively lower MSI is more beneficial for sellers while 10 a A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. June 2016 of 0.0 higher is is better forfor buyers. TheThe June 2016 MSIMSI of 0.0 monthswas was a mid