Market Action Report
Worcester
County: Worcester
Market Action Report
County: Worcester
May 2016
Agent Name
May 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information
Price Range: All | Properties: SFH - Con
Phone
Website
Month
Other
$279,900
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
0%
4%
Trending versus*:
$344,314 Trending
-1% versus*:0%
Month
LM 1%
L3M 0%
PYM 2%
LY
Prior YTD 5%
Prior Year
$225,000
1% YTD
$225,000
$279,900 0%
4%
$263,144 -1% -1% 3% 2%
$265,578
3%
$344,314 -1%
0%
1,395 -3%
-13%
$225,000 1% 0% 2% 1%
$225,000
5%
1%
199 5%
5%
706
4%
$263,144 -1% -1% 3% 2%
$265,578
3%
3%
153
-6%
1,395 144
-3% -8% -7%
-13% -22% -1%
0%
5%
199$217
5% -5% -4%
5% 4%
706 $224
4%
$202
4%
2%
4%
4%
$197
3%
144 -8% -7% -22% -1%
153
-6%
5%
-9% 4%
$217 7.0
-5% -8%
-4% -23%
4% -18%
0% -35% $224 10.7
5%
2% 2%
$20292.1%
4% .4%
2% .5%
4% 1.3%
4% 1.2% $197 91.6%
3%
Average List Price of all Current Listings
Market
Profile
& Trends
May Median
Sales
Price Overview
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May Median Sales Price
May Number of Properties Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Priceofper
Square Foot
May
Number
Properties
Sold (based on New Listings)
MayAverage
Sold Price
May
Daysper
onSquare
Market Foot
(Solds)
May Month's
Inventory
Asking
Price perSupply
SquareofFoot
(based on New Listings)
MaySold
SalePrice
Priceper
vsSquare
List Price
May
FootRatio
1%
3%
5%
4%
2%
-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)
7.0 -8% -23% -18% -35%
10.7
-9%
-1%
92.1% .4% .5% 1.3% 1.2%
2% Sold 1%
Number of91.6%
Properties
May Month's Supply of Inventory
May Sale Price vs List Price Ratio
3 Mo Avg
* 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)
Property Sales
250
May Property sales were 199, up 5.3% from 189 in May of 2015
and 5.3% higher than the 189 sales last month. May 2016 sales
Property Sales
were at their highest level compared to May of 2015 and 2014.250 200
May Property sales were 199, up 5.3% from 189 in May of 2015
May YTD sales of 706 are running 3.7% ahead of last year's yearand 5.3% higher than the 189 sales last month. May 2016 sales
to-date
sales
of 681.level compared to May of 2015 and 2014.
200 150
were
at their
highest
Number of Properties Sold
3 Mo Avg
May YTD sales of 706 are running 3.7% ahead of last year's yearto-date sales of 681.
150 100
100
199
189
113
110
95
152
118
172
149
142
147
164
189
153
128
104
107
120
135
157
148
147
112
154
168
128
119
69
101
122
133
144
129
137
69
199
189
113
95
110
152
118
172
149
142
147
164
189
153
128
104
107
120
135
157
148
147
112
154
168
128
119
69
69
101
122
133
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
Median Sales Price15
and Average Sales Price
13
14
16
3 Mo Avg
Prices
The Median Sales Price in May was $225,000, up 2.3% from
Prices
$220,000 in May of 2015 and up 1.4% from $222,000 last
290
The
Median
Sales
Price Sales
in MayPrice
was $225,000,
2.3% from
month.
The
Average
in May wasup
$263,144,
up 2.7%
$220,000 in May of 2015 and up 1.4% from $222,000 last
270
290
from $256,162 in May of 2015 and down 1.3% from $266,643
month. The Average Sales Price in May was $263,144, up 2.7%
last month. May 2016 ASP was at a mid range compared to May
250
270
from $256,162 in May of 2015 and down 1.3% from $266,643
of 2015 and 2014.
last month. May 2016 ASP was at a mid range compared to May 250 230
of 2015 and 2014.
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
144
0
137
145
0
129
50
145
50
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
210 190
190 170
170 150
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
150
14 A M J J A S O N D J F M 15
J J 13
A S O N D J F M
A M J J A S O N D J F M A16M
13
14
15
16
Inventory & MSI
1,500
1,000
1,000
25.0
20.0
1,372
1,437
1,438
1,395
lowest level compared with May of 2015 and 2014.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,536
1,499
1,533
1,536
1,549
1,499
1,506
1,533
1,489
1,549
1,411
1,506
1,446
1,489
1,516
1,411
1,593
1,446
1,673
1,516
1,699
1,593
1,721
1,673
1,712
1,699
1,720
1,721
1,684
1,712
1,653
1,5861,720
1,456 1,684
1,445 1,653
1,586
1,488
1,456
1,527
1,595
1,445
1,609
1,488
1,596
1,527
1,590
1,595
1,560
1,609
1,516
1,596
1,503
1,590
1,394
1,560
1,311
1,516
1,288
1,503
1,372
1,394
1,437
1,311
1,438
1,288
1,395
Inventory
& MSI of Properties available for sale as of May
The Total Inventory
2,000
The
Inventory
of Properties
available
for sale
as down
of May
wasTotal
1,395,
down 3.0%
from 1,438
last month
and
13.3%
2,000
was
1,395,
down
3.0%offrom
down