MA ARCHIVED May 2017 | Page 18

Market Action Report
Dorchester
County: Dorchester
Title
Phone
Agent
Name
Website
Other
Title
May 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$200,000
3%
2%
Other
$357,712 Trending
4% versus*: 8%
Month
LM 14%
L3M 14%
PYM 39%
LY
$169,500
$200,000
3% 18% 9%
2% 50%
$210,577
$357,712 276
4% 4%
8% -20%
$169,500 14%
14%
39%
15%
26 -46%
-26%
$210,577 104
18% -25%
9% -17%
50% 4%
14%
276 4%
-20%
$170 15% 16% 45%
26 -46%
-26%
$92 -20% -13% 36%
104 -25% -17% 4% -11%
10.6 92% 39% 8%
$170 15% 16% 45% 32%
90.4% .0% 3.3% 4.1%
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
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
$92 -20% -13% 36%
10.6 92% 39% 8%
90.4% .0% 3.3% 4.1%
May Month's Supply of Inventory
May Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
$147,500
$194,911
-11%
17%
159
24%
132
32%
$146
159
14%
-9%
$109
132
3%
11%
9.1
$146
27%
2.2%
87.4%
14% 0%
3% 6%
27%
36%
13%
-23%
13%
1%
13%
13%
8%
-6%
-1%
3 Mo Avg
Number of Properties Sold
50
3 Mo Avg
40
30
40
Prices
14
The Median Sales Price in May was $169,500, up 39.3% from
300
Prices
$121,663 in May of 2016 and up 13.8% from $149,000 last
The
Median
Sales
Price Sales
in May Price
was $169,500,
39.3% from
month.
The
Average
in May was up $210,577,
up 49.8%
300 250
$121,663
in May of
and
up 13.8%
from
$149,000
last
from $140,619
in 2016
May of
2016
and up
17.9%
from $178,573
last
month.
Average
Sales was
Price
May range
was $210,577,
up to
49.8%
month. The
May
2017 ASP
at in
a mid
compared
May of
250 200
from
in May of 2016 and up 17.9% from $178,573 last
2016 $140,619
and 2015.
200
150
100
50
Inventory & MSI
15
Median Sales Price and Average Sales Price
33
16
3 Mo Avg
17
3 Mo Avg
150
100
50
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
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventor y & Month's Supply of Inventory (MSI)
25.0
25.0
20.0
15.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
450
was Total
276, Inventory
up 4.2% from
265 last available
month and
down
The
of Properties
for sale
as 19.8%
of May from
344 276,
in May
of last
year.
2017 Inventory
at its
lowest 450 400
was
up 4.2%
from
265 May
last month
and down was
19.8%
from
400 350
344
in compared
May of last with
year. May
May of 2017
Inventory
was at its lowest
level
2016
and 2015.
350 300
level compared with May of 2016 and 2015.
300 250
250 200
A comparatively lower MSI is more beneficial for sellers while 200
a 150
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
10.6 a 150 100
100
higher
MSI
is better
for level
buyers.
The May
2017
MSI of of 2016
10.6 and 2015.
50
months
was
at a mid
compared
with
May
months was at a mid level compared with May of 2016 and 2015. 50
0
0
35
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
15
16
17
M Median
A M J J Sales
A S O Price
N D J and
F M Average
A M J J Sales
A S O Price
N D J F M A M
J J A S O N D
14
J J A S O N D J F
0
0
10 10
20
20
30
month. May 2017 ASP was at a mid range compared to May of
2016 and 2015.
Trending versus*:
Prior YTD 17%
Prior Year 0%
15% YTD
$147,500
14%
$194,911
24%
6%
60
May Property sales were 26, down 25.7% from 35 in May of
2016 and 45.8% lower than the 48 sales last month. May 2017
Property
sales were Sales
at their lowest level compared to May of 2016 and 60
May
Property
sales sales
were of
26,
down
from
35 in ahead
May of
2015.
May YTD
159
are 25.7%
running
13.6%
of last
2016
and
45.8% lower sales
than of
the
48 sales last month. May 2017
year's
year-to-date
140.
50
sales were at their lowest level compared to May of 2016 and
2015. May YTD sales of 159 are running 13.6% ahead of last
year's year-to-date sales of 140.
Trending versus*:
Prior YTD Prior Year
YTD
-9%
$109
36%
8%
11%
9.1 -23%
-6%
Number of 87.4%
Properties
2.2%
1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
County: Dorchester
Agent Name
Market Action Report
May 2017
10.0
5.0
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
Copyright
© Coldwell
Banker Residential
Brokerage | Price
Range: All | Property
Types:
SFH - Con
Copyright
©
Range:
Types:
SFH - Con
18
| Coldwell
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
er
h o All m | Property
es . c
om
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
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
20.0
15.0
10.0
5.0
0.0