MA ARCHIVED May 2016 | Page 37
Market Action Report
May 2016
Talbot
County: Talbot
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | 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 145, down 71.2% from
503 days last month and down 18.5% from 178 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
700
600
500
400
300
178
200
145
78
100
0
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3 Mo Avg
3 Mo Avg
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 83.8% was down from 85.0% last month
and down from 85.5% in May of last year.
Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.4%
85.5%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
83.8%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
145
132
88
117
124
86
97
96
86
94
141
140
141
138
133
116
130
115
126
124
121
118
117
118
131
128
116
103
98
96
100
80
105
100
131
120
152
140
142
160
124
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in May 2016 was 30, up 30.4% from 23 last month and
up 66.7% from 18 in May of last year.
60
40
20
0
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Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
c o l dw el l b a n k er h o m es.c o m
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