MA ARCHIVED May 2016 | Page 36

Market Action Report

Talbot

County: Talbot

Market Action Report

County: Talbot

May 2016

Agent Name

May 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Con

Phone
Website
Month
Other
$1,795,000

Market Profile & Trends Overview
Median
List Price
of all Current
Price
Range: $1,000,000
and Up | Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM LY

0%
-5%
$2,398,538 Trending
3% versus*:
-2%
Month
LM -58%
L3M -10%
PYM -18%
LY
$1,645,000
$1,795,000 0%
-5%
$1,645,000 -58% -24% -23%
$2,398,538 3%
-2%
145 10%
5%
$1,645,000 -58% -10% -18% 13%
2 0%
-78%
$1,645,000 -58% -24% -23% -21%
145 145
10% -71% -31%
5% -19%
72.5
10%
-15%
2 0%
-78% 373%
83.8%
-1.4%
1.1%
145 -71% -31% -19% -2.0%
-37%

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)

MayNumber
Month's
of Inventory
May
ofSupply
Properties
Sold

MayAverage
Sale Price
vson
List
Price(Solds)
Ratio
May
Days
Market

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
Prior YTD 5%
Prior Year 26%
13% YTD
$1,825,000
-21% $2,146,785
-9%
3%

$1,825,000
$2,146,785

5%
12
-9%

26%

-37%
3%
280
90%
12 63.2
-37% 29%
79.6%
280
90% -8%22%

-37%
81%
1.0%

22%
58%
-4%

* 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)

72.5 10% -15% 373% 81%
63.2
29%
58%
Number of79.6%
Properties
83.8% -1.4% 1.1% -2.0% 1.0%
-8% Sold -4%

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

7

Prices

2

2

1

5

2

3

5

8

6

9

2

3

9

3

1

2

4

3

4

8

6

6

6

3

3

2

1

2

9

8

2

3

2

2

1

5

2

3

5

8

6

9

2

3

9

3

1

2

4

3

4

8

6

6

6

3

3

2

1

3

2

9

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

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 Price15and Average Sales Price
13
14
16
3 Mo Avg

The Median Sales Price in May was $1,645,000, down 17.8%
4,000
Prices
from $2,000,000 in May of 2015 and down 57.8% from
The
Median Sales
in May
$1,645,000,
downin17.8%
$3,900,000
lastPrice
month.
Thewas
Average
Sales Price
May was 4,0003,500
from
$2,000,000
in May
of 2015
and down 57.8%
from
$1,645,000,
down
22.9%
from $2,134,167
in May
of 2015 and
$3,900,000
last
month.
The Average
Price
in May
down 57.8%
from
$3,900,000
last Sales
month.
May
2016was
ASP was3,5003,000
$1,645,000,
down
22.9% from
$2,134,167
May2014.
of 2015 and
at a mid range
compared
to May
of 2015inand
down 57.8% from $3,900,000 last month. May 2016 ASP was
3,0002,500
at a mid range compared to May of 2015 and 2014.

4

0
3

0

3

1

2

6

2

3

8

3

4

2

4

5

4

5

6

5

6

7

1

3 Mo Avg

8

6

their lowest level compared to May of 2015 and 2014. May YTD
sales of 12 are running 36.8% behind last year's year-to-date
sales of 19.

Number of Properties Sold

9

5

May Property sales were 2, down 77.8% from 9 in May of 2015
and the same as the 2 sales last month. May 2016 sales were at
Property
Sales
10
their lowest
level compared to May of 2015 and 2014. May YTD
May
Property
sales
were 2,
downbehind
77.8% from
9 in May
of 2015
sales
of 12 are
running
36.8%
last year's
year-to-date
9
and the same as the 2 sales last month. May 2016 sales were at
sales of 19.
8

10

Median Sales Price and Average Sales Price

3 Mo Avg

2,5002,000
2,000

1,500

1,500

1,000

Inventory & MSI

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

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

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

2014.

140.0
120.0
100.0
80.0
60.0
40.0
20.0

0.0
J SJ O
A NS DO JN FD MJ AF MM J A J MA J S JO AN SD OJ NF M
D AJ M
F M
M SJ OJ NA DS J O F NMDA JM F M A M
J J A
J JA A
14
15
16
13 13
14
15
16

Copyright
© Coldwell
Banker
| Price
Range:
$1,000,000
and| Up
| Property
Copyright
© Coldwell
Banker
| Price
Range:
$1,000,000
and Up
Property
Types:Types:
SFH - SFH
Con - Con
Data
provided
courtesy
of Coastal
Association
of REALTORS
MD,Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc.,County
SussexAssociation
County Association
of REALTORS
mayallnot
reflectreal
all relevant
real estate
activity.
Coldwell Banker
Data
is is
provided
courtesy
of Coastal
Association
of REALTORS
of MD,ofInc.,
Regional
Information
Systems,
Inc., Sussex
of REALTORS
and may notand
reflect
relevant
estate activity.
Coldwell
Banker
does
warrant
or guarantee
accuracy