MA ARCHIVED June 2016 | Page 37
Market Action Report
June 2016
Talbot
County: Talbot
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for June was 208, up 43.4% from 145
days last month and up 804.3% from 23 days in June of last year.
The June 2016 DOM was at a mid level compared with June of
2015 and 2014.
3 Mo Avg
700
600
500
400
300
246
208
200
100
23
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
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
600
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
500
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $555 was up
30.2% from $427 last month and up from 0 in June of last year. 400
3 Mo Avg
555
300
200
100
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The June 2016 Selling Price vs Original List
Price of 81.3% was down from 83.8% last month and down from
92.5% in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.5%
84.8%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
81.3%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
144
143
131
88
86
116
124
94
141
140
141
86
96
97
138
133
116
130
115
126
124
121
118
117
131
118
116
103
98
96
100
80
105
100
128
120
152
140
142
160
131
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in June 2016 was 11, down 63.3% from 30 last month and down
57.7% from 26 in June of last year.
60
40
20
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
Copyright © Coldwell Banker | 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
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.
c o l dw el l b a n k er h o m es.c o m
| 37