Market Action Report May 2017
Community Information
Market Action Report May 2017
County : Charles
Price Range : All | Properties : SFH - Con
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 |
$ 389,450 |
4 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 396,459 |
5 % |
|
10 % |
|
|
|
|
May Median Sales Price |
$ 312,500 |
6 % |
6 % |
5 % |
8 % |
$ 295,000 |
2 % |
2 % |
May Average Sales Price |
$ 314,551 |
3 % |
2 % |
1 % |
3 % |
$ 305,854 |
0 % |
0 % |
Total Properties Currently for Sale ( Inventory ) |
652 |
1 % |
|
-26% |
|
|
|
|
May Number of Properties Sold |
194 |
7 % |
|
7 % |
|
820 |
14 % |
|
May Average Days on Market ( Solds ) |
56 -15% -18% -20% -22% |
69 |
-15% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 157 |
12 % |
9 % |
22 % |
18 % |
$ 143 |
9 % |
8 % |
May Sold Price per Square Foot |
$ 130 |
3 % |
4 % |
1 % |
3 % |
$ 124 |
-1% |
-2% |
May Month ' s Supply of Inventory |
3.4 |
-5% |
-3% -31% -32% |
4.0 |
-30% |
-20% |
May Sale Price vs List Price Ratio |
97.2 % |
-. 9 % |
. 4 % |
. 5 % |
1.5 % |
96.6 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
May Property sales were 194 , up 7.2 % from 181 in May of 2016 |
and 6.6 % higher than the 182 sales last month . May 2017 sales |
|
Property were at their Sales highest level compared to May of 2016 and 2015 .
250
|
200 |
|
May
May Property YTD sales sales of were 820 are 194 , running up 7.2 % 13.7 from % 181 ahead in May of last of 2016 year ' s
|
|
|
and year-to-date 6.6 % higher sales than of the 721182 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 . |
200 |
150 |
May YTD sales of 820 are running 13.7 % ahead of last year ' s |
|
|
year-to-date sales of 721 . |
150 |
100 |
Charles
Agent Name
Title Phone Website Other
Community Information
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
143 146 148 142 134 129
50 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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 312,500 , up 4.7 % from
350
Prices $ 298,500 in May of 2016 and up 5.9 % from $ 294,971 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 312,500 May was , up $ 4.7 314,551 % from , up 1.2 %
340
350 $ from 298,500 $ 310,915 in May in of May 2016 of and 2016 up and 5.9 % up from 3.3 % $ 294,971 from $ 304,463 last last 330
. The Average Sales Price in May was $ 314,551 , up 1.2 %
340
month . May 2017 ASP was at the highest level compared to May 320 from $ 310,915 in May of 2016 and up 3.3 % from $ 304,463 last 330 of 2016 and 2015 .
310 month . May 2017 ASP was at the highest level compared to May 320 300 of 2016 and 2015 . 310
290 300
280 290
270 280
260
270 260
250
250 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 J
14 A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F M A
17 M
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 652 , Inventory up 0.8 % from of Properties 647 last available month and for sale down as 26.0 of May % from 1,200
10.0 was 881652 in , May up 0.8 of % last from year 647 . May last month 2017 Inventory and down was 26.0 at % its from lowest 1,200 10.0
1,000 8.0
881 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest 1,000 8.0 level compared with May of 2016 and 2015 . 800
800 6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The May 2017 MSI of 3.4 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.4
200 2.0 of 2016 and 200
2.0 months 2015 . was at its lowest level compared with May of 2016 and 0
0.0 2015 .
0
0.0 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
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
15 16
17 14
15 16
17
135 112 90
143 146 148 142 134 129 135 112 90 136 126 146 180 213 179 149 167 121 156 129 103 169 139 181 235 172 213 191 166 150 183 121 144 179 182 194
876 895 904 913 892 864 796 806 783
876 895 904 913 892 864 796 806 783 790
866
136 126 146 180 213
951 948 962 949 965 902
790
179 149 167
866 951 948 962 949 965 902 845 121 156
845 756 714 711
802 876
129
756 714 711 103 169 139 181 235
881 904 910 877 865
793
172 213 191
802 876 881 904 910 877 865
793
166 150 183
734 678 630 608 622 647 652
121 144 179
734 678 630 608 622 647 652 182 194
16 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 Residential Brokerage 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 .