MA ARCHIVED March 2018 | Page 16

Market Action Report March 2018 County: Charles CHARLES Agent Name Title Phone Website Other Agent Name Community Information Market Action Report County: Charles Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Average List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con March Average Sales Price Market Profile & Trends Overview Total Properties Currently for Listings Sale (Inventory) Median List Price of all Current March Number Average List Price of of Properties all Current Sold Listings March Median Average Days on Market (Solds) March Sales Price March Average Month's Supply March Sales Price of Inventory Total Properties Currently Sale (Inventory) March Sale Price vs List for Price Ratio * LM=Last Number Month / L3M=Last 3 Months / PYM=Same March of Properties Sold Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date March Average Days on Market (Solds) * LM=Last Month / L3M=Last Months / last PYM=Same Month Prior Year / 2018 LY=Last sales Year (2017) / YTD at = Year-to-date higher than the 0 3 sales month. March were 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, up from 0 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. 3 Mo Avg 3 Mo Avg 3 Mo Avg Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month 96% 6.0 4.0 8.0 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 Inventory / New Listings / Sales Inventory / New Listings / Sales 16 14 12 4 6 8 10 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 2, up from 0 last month and up 100.0% from 1 in March of last year. 2 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 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 10.0 10.0 96% 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. Total Inventory & Month's Supply of Inventory (MSI) 16 14 12 10 8 6 4 2 0 16 14 12 A comparatively lower MSI is more beneficial for sellers while 10 a higher MSI is better for buyers. The March 2018 MSI of 0.0 8 months was at its highest level compared with March of 2017 6 A and comparatively lower MSI is more beneficial for sellers while a 2016. 4 higher MSI is better for buyers. The March 2018 MSI of 0.0 2 months was at its highest level compared with March of 2017 0 and 2016. was 14, up 16.7% from 12 last month and up 180.0% from 5 in March of last year. March 2018 Inventory was at its highest level compared with March of 2017 and 2016. 20 3 Mo Avg Total of M Inventory A M J J A S O N D Inventory J F M A M J & J Month's A S O N D Supply J F M A J J A S O (MSI) N D J F M 15 16 17 18 1,000 The Total Inventory of Properties available for sale as of March was 14, up 16.7% from 12 last month and up 180.0% from 5 in March of last Inventory & year. MSI March 2018 Inventory was at its highest level compared with March of 2017 and for 2016. The Total Inventory of Properties available sale as of March 30 0 Median Sales Price and Average Sales Price 0 The Median Sales Price in March was $0, up from $0 in March A 1,100 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 of 2017 and up from $0 last month. The Average Sales Price in 15 1,090 16 17 18 0 March was $0, up from $0 in March of 2017 and up from $0 Median Sales Price and Average Sales Price last month. March 2018 ASP was at the highest level compared 1,080 Prices 3 Mo Avg 1,070 The Median of Sales March was $0, up from $0 in March to March 2017 Price and in 2016. 1,100 1,060 of 2017 and up from $0 last month. The Average Sales Price in 1,090 March was $0, up from $0 in March of 2017 and up from $0 1,050 last month. March 2018 ASP was at the highest level compared 1,080 1,040 1,070 to March of 2017 and 2016. 1,030 1,060 1,020 1,050 1,040 1,010 1,030 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 1,020 15 16 17 18 1,010 Inventory & MSI 40 Selling Price vs Original Listings Price 0 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 0 0 0 1 Prices 50 0 1 60 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 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 up from 0.0% last month and up from 0.0% in March of last year. 1 1 3 Mo Avg Number of Properties Sold 1 their highest level compared to March of 2017 and 2016. March YTD sales of 0 are running ahead of last year's year-to-date Property sales of 0. Sales 1 3 Mo Avg 0 0 0% -100% 0 0% Sold -100% Number of Properties 0% -100% 0.0 0% -100% -100.0% 0.0% 0% -100% 0% 0% .0% Title Phone Website Other 10 1 March Price sales vs List Price Ratio March Sale Property were 0, up from 0 in March of 2017 and 1 March Month's Supply of Inventory Property Sales 0 0 0.0 0% 0.0% Agent Name Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year YTD -14% -3% CHARLES County: Charles Price Range: $1,000,000 and Up | Properties: SFH - Con $0 -100% -100% $1,500,000 0% 44% Trending versus*: Trending versus*: $0 0% -100% $0 0% -100% Month LM L3M PYM LY YTD Prior YTD Prior Year 14 17% -14% 180% $1,294,500 -0% 0 0 0% $1,564,485 -4% -3% 0 -100% 0% -100% -100% 0 0% 44% -100% $0 $1,500,000 0% 0% -100% 0.0 0% -100% -100% $0 0.0 0% 0% 0% -100% $0 0% 14 0.0% 17% 180% .0% -100.0% 0.0% 0% -100% March Median Sales Price March Property sales were 0, up from 0 in March of 2017 and higher than the 0 sales last month. March 2018 sales were at their highest level compared to March of 2017 and 2016. March YTD sales of 0 are running ahead of last year's year-to-date sales of 0. -0% -4% March 2018 Community Information March 2018 Trending versus*: LM L3M PYM LY Title Month Phone $1,294,500 Website $1,564,485 Other Market Action Report 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 2.0 J F M 15 16 17 18 8.0 6.0 4.0 2.0 0.0 0.0 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 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 guarantee the accuracy of this information. It is the responsibility of any buyer seller - Con to verify any and all information relevant to such consumer’s real estate transaction. Copyright Coldwell or Banker Residential Brokerage | Price Range : $1,000,000 and Up | Property Types: or SFH 16 | coldwellbankerluxury.com 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. Coldwell Banker Global Luxury ® | 17