MA ARCHIVED March 2018 | Page 12

Market Action Report
March 2018
County: Carroll
CARROLL
Agent Name
Market Action Report
March 2018
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Carroll
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
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 March was 0, down 100.0% from
109 days last month and up from 0 days in March of last year.
The March 2018 DOM was at its lowest level compared with
March of 2017 and 2016.
100
0
0.0%
March Sale Price vs List Price Ratio
3
Inventory / New Listings / Sales
Inventory / New Listings / Sales
6.0 2.0
0.0 0.0
2.0 0
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
15 15
16
17
18
16
17
18
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
12
coldwellbankerluxury.com
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
6.0 8.0 2
8.0
8
10
12
14
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 March 2018 was 1, up from 0 last month and equal to 1 in
March of last year.
10.0
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
15
16
17
18
4
2
0%
10.0 4.0
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.
50%
6
4.0
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.
100%
12.0
12.0
4
6
6 8
8
10
150%
14.0
14.0
12
14
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory of Properties available for sale as of March
was 7, down 12.5% from 8 last month and up 40.0% from 5 in 14
was 7, down 12.5% from 8 last month and up 40.0% from 5 in
March of of last
last
year. March
March
2018
Inventory
a mid
March
year.
2018
Inventory
was was
at a at
mid
level level 12
compare d
with
March
2017
2016.
compared
with
March
of of
2017
and and
2016.
10
200%
Total Inventory & Month's Supply of Inventory (MSI)
250%
3 Mo Avg
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Median Sales Price and Average Sales Price
2,100
3 Mo Avg
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 March 2018 Selling Price vs Original
List Price of 0.0% was down from 95.8% last month and up from
0.0% in March of last year.
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
15
16 Median Sales Price and
17 Average Sales Price
18
Inventory & MSI
comparatively
lower
MSI
is more
beneficial
for sellers
a 4
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
March
2018
of 0.0
higher
is is
better
for for
buyers.
The The
March
2018
MSI MSI
of 0.0
months
at at
its its
highest
level
compared
with with
March
of 2017
months was
was
highest
level
compared
March
of 2017 2
0
and
and 2016.
2016.
450
0
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
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16
17
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of 2017
and
down
100.0%
from
$1,150,000
last $0
month.
The
The
Median
Sales
Price
in March
was
$0, up from
in March
Sales
Price
in March
was $0, up last
from
$0 in The
March of 2,100 2,000
of Average
2017 and
down
100.0%
from $1,150,000
month.
2,000 1,900
2017 and
down
100.0%
from
$1,150,000
last
March
Average
Sales
Price
in March
was
$0, up from
$0 month.
in March
of
2018
ASP
was 100.0%
at the highest
level compared
to March
of 2017 1,900 1,800
2017
and
down
from $1,150,000
last month.
March
1,800 1,700
and ASP
2016.
2018
was at the highest level compared to March of 2017
1,700 1,600
and 2016.
1,600 1,500
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100
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
A M 15
J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F M 18
15
16
17
18
Inventory & MSI
The Total Inventory of Properties available for sale as of March
550
The Median Sales Price in March was $0, up from $0 in March
Prices
-1
0 0
1 1
650
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
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16
17
18
1
750
50
1
2
850
150
2
950
250
2
3 Mo Avg
350
2
3
-1
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
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
more normalized indicator on the direction of Property values.
The March 2018 Selling Price per Square Foot of $0 was down
100.0% from $81 last month and up from 0 in March of last
year.
Prices
Number of Properties Sold
March YTD sales of 2 are running 100.0% ahead of last year's
year-to-date sales of 1.
3 Mo Avg
3
March Property sales were 0, up from 0 in March of 2017 and
100.0% lower
than the 1 sales last month. March 2018 sales
Property
Sales
4
were at
their highest
level 0, compared
and 2016.
March
Property
sales were
up from 0 to
in March
March of
of 2017
2017 and
March
YTD
sales
of
2
are
running
100.0%
ahead
of
last
year's
100.0% lower than the 1 sales last month. March 2018 sales
3
year-to-date
sales of
1. compared to March of 2017 and 2016.
were
at their highest
level
4
Property Sales
8.0
0%
-23%
-100.0%
8% Sold 1%
Number of 87.9%
Properties
-100.0% -100.0%
Selling Price per Square Foot
Selling Price per Square Foot
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 0.0 -100% -100% 0% -100%
March
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
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
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16
17
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-100
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
200
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
300
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
400
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
500
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
600
March Average
Number
of Properties
Sold
March
Sales
Price
3 Mo Avg
700
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
Title
Phone
Website
Other
March Average
Average
List Price Sales
of all Price
Current Listings
Agent Name
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
CARROLL
County: Carroll
Community Information
$1,200,000 -11%
-20%
Trending versus*:
$1,341,400 Trending
-2% versus*:
-5%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$0 -100% -100%
-100% $1,175,000
7%
-9%
$1,200,000 -11%
-20%
-100% $1,175,000
7%
-7%
$1,341,400 $0
-2% -100% -100%
-5%
7 -13%
40% $1,175,000
$0 -100%
-100%
-100%
7%
-9%
0 -100%
2 100% -7%
$0 -100%
-100%
-100% $1,175,000
7%
0 -100% -100%
-100%
373 119%
37%
7 -13%
40%
$0 0% 0% -100% -100%
$0 -100%
-100%
0 -100%
2 100%
0 -100%
-100% -100% -100% -100%
373 $195
119% 0% 37% -19%
$0 -100%
$0 0.0
0% -100%
0% -100%
-100% -100%
$0 -100%
0% -100%
8.0
0% -100% -23%
$0 0.0%
-100% -100.0%
-100% -100.0% -100% -100.0% $195 87.9%
0%
8% -19%
1%
Average List Price of all Current Listings
March 2018
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
Market Action Report
0
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
15
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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
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.
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