MA ARCHIVED June 2017 | Page 14

Market Action Report
June 2017
County: Cecil
CECIL
Market Action Report
Agent Name
Community
County: Cecil Information
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
Market Profile & Trends Overview
June Median
Sales
Price
Median
List Price
of all
Current Listings
June Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
June
Sales Currently
Price
June Average
Number
of Properties
Sold
June
Sales
Price
June Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of
per
Square Foot
June
Number
Properties
Sold (based on New Listings)
June
Days per
on Square
Market Foot
(Solds)
June Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
June Month's
Inventory
June
Foot Ratio
June Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 15.0
June
Month's
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
0%
33%
15.0
36%
33%
30.2%
124.8%
25% Sold 30%
Number of
Properties
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2
2
of 1 are running equal to last year's year-to-date sales of 1.
2
1
1
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
14
15
16
17
0
1
1
-1
0%
-.0%
3
June Property sales were 1, up from 0 in June of 2016 and
higher than
the 0 sales last month. June 2017 sales were at a
Property
Sales
3
mid Property
level compared
to June
2016
and
2015.
June
YTD sales
June
sales were
1, up of
from
0 in
June
of 2016
and
of
1
are
running
equal
to
last
year's
year-to-date
sales
of
1.
higher than the 0 sales last month. June 2017 sales were at a
2
mid level compared to June of 2016 and 2015. June YTD sales
0
0%
124.8%
June Sale Price vs List Price Ratio
-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
14
15
16
17
Median Sales Price and Average Sales Price
The Median Sales Price in June was $1,810,000, up from $0 in
Prices
4,500
June
of 2016
and
up in
from
$0 was
last $1,810,000,
month. The
The
Median
Sales
Price
June
up Average
from $0 Sales
in
Price
June and
was
from The
$0 in
June of Sales
2016 and 4,500 4,000
June
of in
2016
up $1,810,000,
from $0 last up
month.
Average
up from
$0 was
last $1,810,000,
month. June
was
at the
lowest
Price
in June
up 2017
from ASP
$0 in
June
of 2016
and level 4,000
3,500
compared
of 2016
2015.
up
from $0 to
last June
month.
June and
2017
ASP was at the lowest level
compared to June of 2016 and 2015.
LM
$1,650,000 -1%
-3%
Trending versus*:
$2,354,860 Trending
0% versus*:
17%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,810,000
0%
15% $1,810,000
-10%
15%
$1,650,000
-1%
-3%
$1,810,000
0%
12% $1,810,000
-10%
12%
$2,354,860
0%
17%
15%
$1,810,000 15 -6%
0%
15% $1,810,000
-10%
15%
1 0%
1
0% 12%
$1,810,000
12% $1,810,000
-10%
20
0%
-50%
20
54%
-50%
15 -6%
15%
-63%
1 $145 -42% -39% -55% -79%
1 $252
0% -21%
20 $315
0% 0% -50% 2%
20 $315
54% 0% -50%
3%
$145 15.0
-42% 0%
-39% -55%
-21% 36% -63% 33%
0% -79%
0% 33% $252 15.0
$315
0% 25% 3%
124.8% 0% -.0% 2% 30.2% $315 124.8%
30%
Average List Price of all Current Listings
Prices
June 2017
Title
Phone
Agent
Name
Website
Title
Other
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
3,500
3,000
3,000
2,500
2,500
2,000
2,000
1,500
1,500
1,000
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
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M 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)
10
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.
June
2017
of 15.0
higher
is is
better
for for
buyers.
The The
June
2017
MSI MSI
of 15.0
5
months
at at
its its
highest
level
compared
with with
June
of 2016
and and
months was
was
highest
level
compared
June
of 2016
0
2015.
2015. 10
20.0
15.0 15.0
10.0 10.0
5.0 5.0
5
20.0 15
20
15
25.0
25.0
25
Inventory & MSI
The Total Inventory of Properties available for sale as of June
The Total Inventory of Properties available for sale as of June
was 15, down 6.3% from 16 last month and up 15.4% f rom 13 in 25
was 15, down 6.3% from 16 last month and up 15.4% from 13 in
June of of last
last
year. June
June
2017
Inventory
at highest
its highest
June
year.
2017
Inventory
was was
at its
level level
20
compared
with
June
2016
2015.
compared
with
June
of of
2016
and and
2015.
0.0
0
J A J S A
O N
J F D M J A F M M J A J M A J S J O A N S D O J N F D
M J A M
J A J M
A S J O J N A D S J O F N M D A J M F J M A M J
S D
O N
F M
14 14
15
16
17
15
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
14
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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.
0.0