MA ARCHIVED November 2017 | Page 18

Market Action Report
November 2017
County: Talbot
TALBOT
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
County: Talbot Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,857,500
Market Profile & Trend s Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
1%
10%
Trending versus*:
$2,562,857 Trending
4% versus*: 7%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,500,000
-8%
-11%
$1,857,500
1% 21% 8%
10% 25% 3% $1,292,500
$1,473,889
12%
3%
22%
-17%
$1,505,536
-16%
-15%
$2,562,857 4%
7%
98
-14%
-10%
$1,500,000 21% 8% 25% 3% $1,292,500
-8%
-11%
9 -25%
70
56% -15%
$1,473,889 12%
3% 22% 200%
-17% $1,505,536
-16%
146 -29%
-28%
98 200
-14% 111% 30%
-10% 90% -2%
$325
-57%
-35%
-3%
-26%
$450
3%
3%
9 -25%
200%
70
56%
200 $302
111% -26%
30% -16%
90% 78%
-2% -18%
146 $350
-29% -4% -28% -5%
$325 10.9
-57% 15%
-35% -76%
-3% -70%
-26% -73% $450 26.5
3% -37% 3%
-33%
$302 80.7%
-26% -12.9%
-16% -8.7%
78% 1.6%
-18% -3.5% $350 87.3%
-4%
5% -5%
4%
3 Mo Avg
Prices
3 Mo Avg
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
14 15
16
17
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
14 15
17 Sales Price
Median 16 Sales Price and Average
The Median Sales Price in November was $1,500,000, up 25.0%
Prices
4,000
from
$1,200,000
in November
of 2016
and up 21.0%
from
The
Median
Sales Price
in November
was $1,500,000,
up 25.0%
4,000
$1,240,000
last in
month.
The of
Average
Sales
November
3,500
from
$1,200,000
November
2016 and
up Price
21.0% in from
was $1,473,889,
up 22.5%
from $1,203,333
$1,240,000
last month.
The Average
Sales Price in in November
November of 3,500
2016
and up 11.9%
from from
$1,317,292
last month.
November
2017 3,000
was
$1,473,889,
up 22.5%
$1,203,333
in November
of
ASP and
was up
at 11.9%
a mid from
range
compared last
to month.
November
of 2016 2017
and 3,000
2016
$1,317,292
November
2,500
2015.
ASP
was at a mid range compared to November of 2016 and
2015.
0
0
2
2 4
4
-33%
Number of Properties Sold
6 6
-37%
Property Sales
14
November Property sales were 9, up 200.0% from 3 in
November Sales
of 2016 and 25.0% lower than the 12 sales last month. 12
Property
14
November
2017 sales
highest from
level 3 compared
to
November
Property
sales were
were at 9, their
up 200.0%
in
November
2016
and
2015.
November
sales
of month.
70 are 12 10
November
of of
2016
and
25.0%
lower
than the YTD
12 sales
last
running 55.6%
ahead
of last
year's
year-to-date
sales of to 45.
November
2017 sales
were
at their
highest
level compared
8
10
8
26.5
-8.7% 1.6% -3.5%
5% Sold 4%
Number of 87.3%
Properties
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
-12.9%
80.7%
November Sale Price vs List Price Ratio
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 10.9 15% -76% -70% -73%
November
of Inventory
November
per
Foot Ratio
November Sold
Sale Price
Price
vs Square
List Price
Asking
Price Month's
per Square
Foot (based
on New Listings)
November
Supply
of Inventory
November Average
Sold Price
Foot
November
Days per
on Square
Market (Solds)
Asking Price
per Square
Foot (based
November
Number
of Properties
Sold on New Listings)
November
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
November Average
Number
of Properties
Sold
November
Sales
Price
Total Properties
November
Median Currently
Sales Price for Sale (Inventory)
November
Sales
Price Listings
Average
List Average
Price of all
Current
Market Profile & Trends Overview
November Median Sales Price
Median List Price of all Current Listings
5
Average List Price of all Current Listings
November of 2016 and 2015. November YTD sales of 70 are
running 55.6% ahead of last year's year-to-date sales of 45.
Trending versus*:
Prior YTD Prior Year
YTD
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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 14
F 15
M 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 J J A S O N
14 15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
160
140
120
100
80
60
40
20
0
140.0
120.0
100.0
80
60
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
40
higher MSI
MSI
better
buyers.
November
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of of
10.9 months
months
was
lowest
level
compared
November
10.9
was
at at
its its
lowest
level
compared
with with
November
of of 20
0
2016
2015.
2016 and
and
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
November was 98, down 14.0% from 114 last month and down 160
November was 98, down 14.0% from 114 last month and down
10.1% from
from
109
November
of last
year.
November
140
10.1%
109
in in
November
of last
year.
November
2017 2017
Inventory
was
lowest
level
compared
November
Inventory
was
at at
its its
lowest
level
compared
with with
November
of of 120
2016 and
and
2015.
2016
2015.
100
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
120.0
100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
0.0 0.0
J A J S J O A N S D O J N F D M J A F M M J A J M
A J S O
J F N M D A J M F J M J A A M S J O J N A S O N
D J D F M
J A F M
M J A M
J N
A D S O
14 15 14 15
16
17
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
140.0
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
18
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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.
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.