Community Information
Wicomico
Agent Name
Title Phone Website Other
Community Information
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 169,000 |
6 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 196,716 |
1 % |
|
2 % |
|
|
|
|
May Median Sales Price |
$ 145,250 |
-12% |
-1% |
4 % |
1 % |
$ 142,000 |
2 % |
-1% |
May Average Sales Price |
$ 152,718 |
-6% |
4 % |
4 % |
-3% |
$ 144,375 |
-3% |
-8% |
Total Properties Currently for Sale ( Inventory ) |
555 |
-2% |
|
-14% |
|
|
|
|
May Number of Properties Sold |
94 |
21 % |
|
-2% |
|
383 |
2 % |
|
May Average Days on Market ( Solds ) |
102 |
-13% -10% 15 % |
0 % |
110 |
9 % |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 96 |
0 % |
2 % |
1 % |
5 % |
$ 92 |
0 % |
1 % |
May Sold Price per Square Foot |
$ 82 |
-3% |
1 % |
-4% |
-2% |
$ 80 |
-4% |
-5% |
May Month ' s Supply of Inventory |
5.9 |
-19% -10% -12% -22% |
7.6 |
-10% |
2 % |
May Sale Price vs List Price Ratio |
97.9 % |
8.9 % 5.8 % 3.5 % |
7.1 % |
92.1 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales May Property sales were 94 , down 2.1 % from 96 in May of 2015 and 20.5 % higher than the 78 sales last month . May 2016 sales were at a mid level compared to May of 2015 and 2014 . May YTD sales of 383 are running 2.4 % ahead of last year ' s year-todate sales of 374 .
Prices The Median Sales Price in May was $ 145,250 , up 4.1 % from $ 139,550 in May of 2015 and down 11.6 % from $ 164,250 last month . The Average Sales Price in May was $ 152,718 , up 3.8 % from $ 147,136 in May of 2015 and down 6.5 % from $ 163,314 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
120 140
100
120 100 80 60 40 20 0
200 190 180 170 160 150 140 130 120 110 100
140
80 60 40 20 0
Number of Properties Sold
71 72 68 73 54 72 58 64 71 61 83 67 65 89 86 83 79 57 98 65 55 78 80 96 122 104 111 96 107 61 71 53 70 88 78 94
J 13
200 190 180 170 160 150 140 130 120 110 100
J 13
71
J
72 68 73 54 72
58 64
J A S O N D J
71 61 83 67 65 89 86 83
14 |
|
|
|
|
|
F M A M J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
15 |
15 |
|
|
|
|
|
F M A M J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
16 |
Median Sales Price and Average Sales Price
79
57
3 Mo Avg
3 Mo Avg
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 |
|
J
13
A
|
S |
O N D |
J 14 |
F
M14 A M J
|
J |
A |
S |
O N D |
J 15 |
F M
15 A M J
|
J |
A |
S |
O N D |
J 16 |
F M A16M |
98 65 55 78 80
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 |
|
|
|
|
|
|
|
|
|
|
|
16 |
|
F M A M |
96 122 104 111 96 107 61 71 53 70 88 78 94
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 555 , down 2.3 % from 568 last month and down 14.0 % from 645 in May of last year . May 2016 Inventory was at its lowest level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 5.9 months was at its lowest level compared with May of 2015 and 2014 .
680 660 640 620 600 580 560 540 520 500 480
680 660 640 620 600 580
633
J 13
598
560 540 520 500 480
633
624
598 616
635 624
Total Inventory & Month ' s Supply of Inventory ( MSI )
616 614
635 584
614 563
584
551 561 563
609 551
638 652
561
609 644 638 647
652
637 644
627 647
621 637 581
627
591 621
633
597
581 596 591
645 659
633 648
642 645 647
627 607
577
550 570 571
577 568 550 555
570
0.0
J AJ SJ OA NS DO JN FD MJ
AF MJA JMA JS JO AN SD OJ NF DM AJ
MF MJ AJ AM SJ OJ NA DS JOFNM DA JM F M A M
13
14 14
15 15
16 16
597 596
659 648 642 647
627
607
14.0 12.0
10.0 8.0 6.0
571
4.0 2.0
568
555
14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
38 | c o l d w e l l b a n k e r h o m e s . c o m