Market Action Report
May 2016
Talbot
County: Talbot
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 May was 177, up 36.2% from 130
days last month and up 9.9% from 161 days in May of last year.
The May 2016 DOM was at a mid level compared with May of
2015 and 2014.
3 Mo Avg
250
200
177
161
150
132
100
50
0
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
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
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 May 2016 Selling Price per Square Foot of $229 was up
18.4% from $193 last month and up 17.7% from 194 in May of
last year.
3 Mo Avg
240
229
220
194
200
180
160
140
122
120
100
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
13
14
15
16
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 May 2016 Selling Price vs Original List
Price of 90.3% wa