MA ARCHIVED June 2016 | Page 38
Market Action Report
Worcester
County: Worcester
June 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,500,000
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
-3%
-3%
$1,744,758 Trending
-2% versus*:
-6%
Month
LM 5%
L3M -2%
PYM 5%
LY
$1,100,000
$1,500,000 -3%
-3%
$1,246,000 19% -2% 19%
$1,744,758 -2%
-6%
27 8%
-31%
$1,100,000 5% -2% 5% -11%
5 400%
400%
$1,246,000 19% -2% 19% -9%
74 185% -30%
27 8%
-31% -70%
$502
34%
7% 2%
5 400%
400%
$313
-14%
-2%
74 185% -30% -70% -12%
-68%
5.4 -78%
$502 34%
7% -55%
2% -86%
22%
$31389.7%
-14%8.9%
-2% -2.1%
-12% -8.2%
-36%
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
Trending versus*:
$1,212,500
$1,276,429
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
6
5
1
5
1
5
2
1
0
2
0
1
1
1
1
2
1
0
2
1
0
1
0
1
0
2
0
0
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
60.0
50.0
44
10
25
31
30.0
28
27
33
25
30
30
28
31
33
30
40.0
40.0
38
44
43
44
39
4342
4443
38
30
20
43
39
44
39
4242
3939
41
44
42 44
50.0
39
48
44
43
48
37
48
43
38
35
34
37
39
38
34
39
37
35 37
45
41 45
4544
41
45
60.0
44
41
30
3 Mo Avg
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
Inventory & MSI
Inventory
& MSI of Properties available for sale as of June
The Total Inventory
The
Inventory
of Properties
available
sale30.8%
as of June
wasTotal
27, up
8.0% from
25 last month
andfor
down
from 39 in 60
was
27,of
uplast
8.0%
from
25 last
month
and down
from 39
in 60
June
year.
June
2016
Inventory
was 30.8%
at its lowest
level
50
June
of
last
year.
June
2016
Inventory
was
at
its
lowest
level
50
compared with June of 2015 and 2014.
compared with June of 2015 and 2014.
40
5
2
1
0
2
0
0
1
1
1
1
2
1
0
2
1
0
1
0
1
0
2
0
2
1
0
0
0
0
2
1
0
0
Median Sales Price and Average Sales Price
35
1,000
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 20
higherMSI
MSI
better
buyers.
June
2016
of 5.4
higher
is is
better
forfor
buyers.
TheThe
June
2016
MSIMSI
of 5.4
10
monthswas
was
lowest
level
compared
June
of 2015
months
atat
itsits
lowest
level
compared
withwith
June
of 2015
and and
2014.
0
2014.
3
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
Median Sales Price
13
14
15 and Average Sales Price
16
The Median Sales Price in June was $1,100,000, up 4.8% from
2,000
Prices
$1,050,000 in June of 2015 and up 4.8% from $1,050,000 last
1,900
The
Median
Sales
Price Sales
in June
wasin
$1,100,000,
up 4.8% fromup
month.
The
Average
Price
June was $1,246,000,
2,000
$1,050,000 in June of 2015 and up 4.8% from $1,050,000 last
18.7% from $1,050,000 in June of 2015 and up 18.7% from 1,9001,800
month. The Average Sales Price in June was $1,246,000, up
1,700
$1,050,000 last month. June 2016 ASP was at the highest level
1,800
18.7% from $1,050,000 in June of 2015 and up 18.7% from
1,600
compared to June of 2015 and 2014.
$1,050,000 last month. June 2016 ASP was at the highest level 1,700
1,6001,500
compared to June of 2015 and 2014.
1,5001,400
1,4001,300
1,3001,200
1,2001,100
1,1001,000
30
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
20.0
30.0
27
-1
1
0
0
0
3
1
3
1
0
2
3
2
1
3
3
3
40
3 Mo Avg
4
4
-1
3 Mo Avg
Number of Properties Sold
37 41
37
35
Prices
-57%
8%
-35%
-50%
8%
5
0
June YTD sales of 14 are running 100.0% ahead of last year's
year-to-date sales of 7.
-32%
-10%
-51%
-57%
-47%8%
10%-35%
5.4 -78% -55% -86% -84%
16.9 -47%
-50%
89.7% 8.9% -2.1% -8.2% 5.3%
10%Sold 8%
Number of91.6%
Properties
June Sale Price vs List Price Ratio
June Property sales were 5, up 400.0% from 1 in June of 2015
and 400.0% higher than the 1 sales last month. June 2016 sales
Property Sales
were at their highest level compared to June of 2015 and 2014. 6
June Property sales were 5, up 400.0% from 1 in June of 2015
June YTD sales of 14 are running 100.0% ahead of last year's
and 400.0% higher than the 1 sales last month. June 2016 sales
5
year-to-date
sales of
7. compared to June of 2015 and 2014.
were
at their highest
level
-15%
-2%
14 100%
-13%
-7%
-68%
99
22%
$444
14 100%
-36%
99 $317
-32%
-84% $444 16.9
-10%
5.3% $317 91.6%
-51%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
June Month's Supply of Inventory
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
Prior YTD -15%
Prior Year -2%
-11% YTD
$1,212,500
-9% $1,276,429
-13%
-7%
48
County: Worcester
Agent Name
41
Market Action Report
June 2016
10.0
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
38
| ccourtesy
o l ofdCoastal
w eAssociation
l l b aofnREALTORS
kerh
o m eMetropolitan
s . c oRegional
m Information Syste