MA ARCHIVED November 2016 | Page 36

Market Action Report November 2016
Community Information
Market Action Report November 2016

County : Talbot

Price Range : $ 1,000,000 and Up | 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
$ 1,822,500
8 %
-3%
Average List Price of all Current Listings
$ 2,480,517
3 %
-0%
November Median Sales Price
$ 1,200,000
-45% -14% -40% -17%
$ 1,405,000
-4%
-3%
November Average Sales Price
$ 1,203,333
-46% -27% -62% -42%
$ 1,794,219
-15%
-14%
Total Properties Currently for Sale ( Inventory )
112 -11%
-9%
November Number of Properties Sold
3 -57%
-40%
45
-13%
November Average Days on Market ( Solds )
105 -43% -41% -70% -54%
205
-4%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 435
22 %
10 % -23%
2 %
$ 458
6 %
8 %
November Sold Price per Square Foot
$ 169
-53% -49%
-57%
$ 363
-13%
-8%
November Month ' s Supply of Inventory
37.3
107 % 56 %
52 %
-6%
42.9
6 %
8 %
November Sale Price vs List Price Ratio
79.4 % -7.8% -3.9% -7.6% -4.3%
82.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Talbot

Number of Properties Sold
3 Mo Avg
Property Sales
10
November Property sales were 3 , down 40.0 % from 5 in
November of 2015 and 57.1 % lower than the 7 sales last month .
Property
November
Sales 2016 sales were at their lowest level compared to
10
November Property sales were 3 , down 40.0 % from 5 in
November of 2015 and 2014 . November YTD sales of 45 are
9
November of 2015 and 57.1 % lower than the 7 sales last month . running 13.5 % behind last year ' s year-to-date sales of 52 .
November 2016 sales were at their lowest level compared to
8
9
8
7
6
Number of Properties Sold
3 Mo Avg
November of 2015 and 2014 . November YTD sales of 45 are running 13.5 % behind last year ' s year-to-date sales of 52 .
7
6
5
4
5
3
4
2
3
1
2
0
1
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
0
13
14
15
16
D
J
F M A M J
Prices
13
14
The Median Sales Price in November was $ 1,200,000 , down
Prices
4,000
40.0 % from $ 2,000,000 in November of 2015 and down 45.5 %
The from Median $ 2,200,000 Sales Price last in month November . The was Average $ 1,200,000 Sales Price , down in
4,000
40.0 % from $ 2,000,000 in November of 2015 and down 45.5 %
3,500
November was $ 1,203,333 , down 61.8 % from $ 3,150,000 in from
November $ 2,200,000 of 2015 last and month down . The
45.7 Average % from Sales $ 2,217,857
Price in last month
3,500 .
3,000
November was $ 1,203,333 , down 61.8 % from $ 3,150,000 in
November 2016 ASP was at the lowest level compared to
November of 2015 and down 45.7 % from $ 2,217,857 last month .
November of 2015 and 2014 .
3,0002,500
November 2016 ASP was at the lowest level compared to
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
Median 15Sales Price and Average
16 Sales Price
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
November of 2015 and 2014 .
2,500
2,000
2,000
1,500
1,500
1,000
1,000
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
13
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M A16M J
J
A S O N
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
November Total Inventory was 112 of , down Properties 11.1 % available from 126 for last sale month as of and down
November was 112 , down 11.1 % from 126 last month and down
160
8.9 % from 123 in November of last year . November 2016
8.9
Inventory % from 123 was in at November its lowest of level last compared year . November with November 2016 of
140
Inventory
2015 and was 2014 at . its lowest level compared with November of
120
2015 and 2014 .
100
80
A comparatively lower MSI is more beneficial for sellers while a
60
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of higher MSI is better for buyers . The November 2016 MSI of
40
37.3 months was at its highest level compared with November of
37.3 months was at its highest level compared with November of
20
2015
2015 and
and 2014
2014 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
160
140
140.0
120
120.0
100
100.0
80
80.0
60
60.0
40
40.0
20
20.0
0
0.0
D
J
DF
MJ
AF M JA
MJ AJ
SJ OA NS DO J
NF DM JA FM MJ
AJ MA JS
OJ NA DS OJ
FN MD AJ
MF JM JAAM S JO JN
A S O N
13
1413
14
15
15
16
16
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
9 2
96 100 98 103
3
Agent Name
Title Phone Website Other

Community Information

1
96 100 98 103 2 3 3 6
117 116 121 118
6
117 116 121 118 124 126 130
115 6 96
8 86
4
124 126 130
115 97
3
96 116
4 2
133 137
86 97
150
116 1 3
133
137 9 3
140 139 139 138
2
123 9 6
150 140 139 139 138
93 85 87
8 123
115
5 3 2 6 1 2 2
130 143 142 145 138 130 126
93 85 87
115
112
4 5 5
130 143 142 145 138 130 126
9 2 3 1 2 3 3 6 6 6 8 4 3 4 2 1 3 9 3 2 9 6 8 5 3 2 6 1 2 2 4 5 5 8 7 3
8
112 7 3
36 | 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 : $ 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 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 .