MA ARCHIVED March 2017 | Page 20

Market Action Report
March 2017
County: Queen Annes ANNE’S
QUEEN
Market Action Report
Agent Name
Community
County: Queen Information
Annes
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
March 2017
Title
Phone
Agent
Name
Website
Title
Other
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,399,000 -6%
-3%
Trending versus*:
$2,284,081 Trending
-7% versus*:
32%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,200,000
-24%
-10%
$1,399,000
-6% -2% 0%
-3% -25% -10% $1,210,000
$1,200,000
-24%
-14%
$2,284,081
-7% -2% -5%
32% -31% -23% $1,341,250
43 5%
$1,200,000 -2%
0% -25% -22%
-10% $1,210,000
-24%
-10%
1 0%
4 -20%
$1,200,000 -2%
-5% -31% -67%
-23% $1,341,250
-24%
-14%
137
17%
32%
43 130
5% -33% -29%
-22% -21% 25%
-22%
1 $305
0% 27% 10%
-67% -22% -16%
4 $282
-20% -24%
130 $325
-33% -29% 12%
-21% 32%
25% 20%
137 $303
17% 23% 32% 12%
$305 43.0
27% 5%
10% 27%
-22% 135%
-16% 28% $282 33.8
-24% 64% -22%
1%
$325 84.2% -8.3%
12% -2.3%
32% -1.9%
20% -6.5% $303 87.7%
23% 0% 12%
-3%
Average List Price of all Current Listings
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
March Average
Average
List Price Sales
of all Price
Current Listings
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
March Average
Number
of Properties
Sold
March
Sales
Price
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 43.0
March
Supply
of Inventory
5% 27% 135% 28%
33.8
64%
1%
84.2% -8.3% -2.3% -1.9% -6.5%
0% Sold -3%
Number of 87.7%
Properties
Prices
3 Mo Avg
2
0
15 Median
14
The Median Sales Price in March was $1,200,000, down 25.0%
Prices
5,000
from
$1,600,000
in March
of 2016
and down 1.6%
The
Median
Sales Price
in March
was $1,200,000,
down from
25.0%
$1,220,000
last in
month.
Average
Sales 1.6%
Price from
in March was 5,000 4,500
from
$1,600,000
March The
of 2016
and down
$1,200,000,
30.9%
$1,736,667
in in
March
of was
2016 and
4,500 4,000
$1,220,000
last down
month.
The from
Average
Sales Price
March
down 1.6% down
from $1,220,000
last month. in March
ASP
was 4,000
$1,200,000,
30.9% from $1,736,667
March 2017
of 2016
and
3,500
at the
lowest
compared
March March
of 2016 2017
and ASP
2015.
down
1.6%
from level
$1,220,000
last to month.
was
3,500 3,000
at the lowest level compared to March of 2016 and 2015.
16 Average Sales Price
Sales Price and
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 S O N D J F M
14
15
16
17
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 S O N D J F M
0
1
1
2 2
3 3
March YTD sales of 4 are running 20.0% behind last year's year-
4
to-date sales of 5.
Number of Properties Sold
6
March Property sales were 1, down 66.7% from 3 in March of
2016 and Sales
the same as the 1 sales last month. March 2017 sales
Property
5
6
were at
their lowest
level 1, compared
to March
March
Property
sales were
down 66.7%
from 3 of
in 2016
March and
of 2015.
March
YTD
sales
of
4
are
running
20.0%
behind
last
year's
year-
2016 and the same as the 1 sales last month. March 2017 sales
5
4
to-date
sales
of 5. level compared to March of 2016 and 2015.
were
at their
lowest
3 Mo Avg
Property Sales
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Sale Price vs List Price Ratio
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
3,000 2,500
2,500
2,000
2,000
1,500
1,500
1,000
1,000
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 S O N D J F M
17
A M 14
J J A S O N D J F M 15 A M J J A S O N D J F M 16
A M J J A S O N D J F M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0
90
80
70
60
50
40
30
20
10
0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of March
The Total Inventory of Properties available for sale as of March
w as 43, up 4.9% from 41 last month and down 21.8% from 55 in
was 43, up 4.9% from 41 last month and down 21.8% from 55 in 90
March of of last
last
year. March
March
2017
Inventory
its lowest
80
March
year.
2017
Inventory
was was
at its at lowest
level level
compared
with
March
2016
2015.
70
compared
with
March
of of
2016
and and
2015.
60
50
40
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 30
higher MSI
MSI
better
buyers.
March
2017
of 43.0 20
higher
is is
better
for for
buyers.
The The
March
2017
MSI MSI
of 43.0
months
at at
a mid
level
compared
with
March
of 2016
and and 10
months was
was
a mid
level
compared
with
March
of 2016
0
2015.
2015.
A M A J M
J A J S J O
J J A A M S J O J N A D S J O F N M D J F M
A N S D O J N 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 M
D A J M
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
20
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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.
90.0
80.0
70.0
60.0
50.0
40.0
30.0
20.0
10.0
0.0