MA ARCHIVED May 2016 | Page 32

Community Information

Queen Anne ’ s

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
$ 1,518,500
5 %
-4%
Average List Price of all Current Listings
$ 1,872,048
8 %
-9%
May Median Sales Price
$ 1,750,000
-4%
4 %
75 %
22 %
$ 1,675,000
57 %
17 %
May Average Sales Price
$ 2,133,333
17 %
12 % 105 %
22 %
$ 1,890,500
62 %
8 %
Total Properties Currently for Sale ( Inventory )
64
7 %
-16%
May Number of Properties Sold
3
50 %
0 %
10
100 %
May Average Days on Market ( Solds )
25
-86% -78%
-7%
-88%
102
-12%
-50%
May Month ' s Supply of Inventory
21.3
-29% -10% -16% -44%
23.9
-48%
-38%
May Sale Price vs List Price Ratio
94.5 %
10.0 % 6.1 % 1.1 % 14.1 %
89.2 %
0 %
8 %
* 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 3 , equal to 3 in May of 2015 and 50.0 % higher than the 2 sales last month . May 2016 sales were at their lowest level compared to May of 2015 and 2014 . May YTD sales of 10 are running 100.0 % ahead of last year ' s year-to-date sales of 5 .
6
5
4
Number of Properties Sold
3 Mo Avg
3
2
1
Prices The Median Sales Price in May was $ 1,750,000 , up 75.0 % from $ 1,000,000 in May of 2015 and down 4.1 % from $ 1,825,000 last month . The Average Sales Price in May was $ 2,133,333 , up 105.3 % from $ 1,039,333 in May of 2015 and up 16.9 % from $ 1,825,000 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
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 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
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
3 3 2 2 1 3 3 2 0 0 1 4 2 1 1 2 4 1 5 0 1 1 0 3 3 5 2 5 1 2 1 2 0 3 2 3
Inventory & MSI The Total Inventory of Properties available for sale as of May was 64 , up 6.7 % from 60 last month and down 15.8 % from 76 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 21.3 months was at a mid level compared with May of 2015 and 2014 .
100 80 60 40 20 0
100 80 60
63
40 20
J 13
65 63
67 65 66
67 64
Total Inventory & Month ' s Supply of Inventory ( MSI )
66 55
64 49
55
47
51 49 47
58 64
51 73
58
76
64 79 73 80 76 86 79
78 80 64
86 53
44
50
53 62 62
76 74 78
76 87 79
70
58
47 49 52 59 60
0 J A
J
S
J
O
A
N
S
D
O
J
N
F
D
M
J
A
F M J
A J
M A
J S
J O
A N
S D
O J
N F
D M A
J
M
F M J
A J A
M
S
J
O
J
N
A
D
S J
O F
N M
D A
J M
13
14 14
15 15
16 16
78
64
44
50 62 62
74 78
87
79
70
58
47 64
49
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
F M A M
52 59 60 64
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
32 | c o l d w e l l b a n k e r h o m e s . c o m