MA ARCHIVED June 2016 | Page 32

Community Information

Queen Anne ’ s

Community Information

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,499,000
0 %
-7%
Average List Price of all Current Listings
$ 1,925,327
3 %
-4%
June Median Sales Price
$ 1,222,500
-30% -24%
-2%
-15%
$ 1,600,000
35 %
11 %
June Average Sales Price
$ 1,222,500
-43% -33% -19% -30%
$ 1,829,773
41 %
4 %
Total Properties Currently for Sale ( Inventory )
62
-2%
-16%
June Number of Properties Sold
1
-67%
-67%
11
38 %
June Average Days on Market ( Solds )
2
-92% -98% -95% -99%
93
7 %
-55%
Asking Price per Square Foot ( based on New Listings )
$ 355
-16%
-8%
-68%
-7%
$ 377
-15%
-1%
June Sold Price per Square Foot
$ 0
-100% -100% -100% -100%
$ 257
13 %
8 %
June Month ' s Supply of Inventory
62.0
195 % 65 % 151 %
62 %
31.2
-23%
-18%
June Sale Price vs List Price Ratio
94.9 %
. 4 %
5.8 % 4.2 % 14.6 %
89.7 %
-0%
8 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales June Property sales were 1 , down 66.7 % from 3 in June of 2015 and 66.7 % lower than the 3 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 11 are running 37.5 % ahead of last year ' s yearto-date sales of 8 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in June was $ 1,222,500 , down 2.2 % from $ 1,250,000 in June of 2015 and down 30.1 % from $ 1,750,000 last month . The Average Sales Price in June was $ 1,222,500 , down 19.4 % from $ 1,516,667 in June of 2015 and down 42.7 % from $ 2,133,333 last month . June 2016 ASP was at the lowest level compared to June of 2015 and 2014 .
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
Median Sales Price and Average Sales Price
3 Mo Avg
5,000 4,500 4,000 3,500 3,000 2,500 2,000 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
13
14
15
16
3 2 2 1 3 3 2 0 0 1 4 2 1 1 2 4 1 5 0 1 1 0 3 3 5 2 5 1 2 1 2 0 3 2 3 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 62 , down 1.6 % from 63 last month and down 16.2 % from 74 in June of last year . June 2016 Inventory was at its lowest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 62.0 months was at its highest level compared with June of 2015 and 2014 .
100 80 60 40 20 0
100
80
60
65
40
20
67
65
66
67
64
66
55
Total Inventory & Month ' s Supply of Inventory ( MSI )
64
49
55
47
49
51
58
47
64
51
73
58
76 79
64
73 80 76
86 79
78
80
64
86
53
78
44
50
62 62
76 74 78
87
76
79 74
70
58
46 48
51
58 59
63 62 58
0 J A JS OA NS DO NJ
FD MJ
AF M JA JMA J S JOAN SD OJ NF DM AJ
MF MJ AJ MA SJ OJ NA DS JO FNM DA JM J
13 13 14 14
15 15
16 16
64
53
44
50
62
62
78
87
79
70
58
46
48
90.0 80.0 70.0 60.0 50.0
40.0 30.0 20.0 10.0 0.0 F M A M J
51
59
63
62
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
32 | c o l d w e l l b a n k e r h o m e s . c o m