MA ARCHIVED November 2017 | Page 20

Market Action Report
November 2017
County: Worcester
WORCESTER
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Worcester
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,425,000
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
2%
-5%
Trending versus*:
$1,596,188 Trending
1% versus*:
-7%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,025,000
-21% $1,250,000
-4%
$1,425,000
2% -31% -22%
-5%
$1,025,000
-31%
-21%
-22%
$1,277,136
-3%
$1,596,188 1%
-7%
35
-3%
25%
$1,025,000 -31% -22%
-21% $1,250,000
-4%
-4%
1 -50%
22
22% -3%
$1,025,000 -31%
-21%
-22% $1,277,136
-3%
0 -100% -100%
-100%
199
25%
35 -3%
25%
$462
-26%
3%
35%
8%
$450
3%
1 -50%
22
22%
0 $509
-100% 5%
-100% 2% -100% 59%
199 $448
25% 40% 25%
$462 35.0
-26% 94%
3% 45%
35% 0%
8% 108% $450 19.9
3% 18% 5%
$509
5% 6.0%
2% 10.0% 59% 11.6% $448 88.8%
40% -1% 40%
100.0%
Average List Price of all Current Listings
Market Profile & Trends Overview
November Median Sales Price
Median List Price of all Current Listings
November
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
November
Median Currently
Sales Price for Sale (Inventory)
November Average
Number
of Properties
Sold
November
Sales
Price
November
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
November
Number
of Properties
Sold on New Listings)
November Average
Sold Price
Foot
November
Days per
on Square
Market (Solds)
Asking
Price Month's
per Square
Foot (based
on New Listings)
November
Supply
of Inventory
November
per
Foot Ratio
November Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 35.0 94% 45%
November
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year ( 2016) / YTD = Year-to-date
Property Sales
7
November Property sales were 1, up from 0 in November of
2016 and 50.0%
Property
Sales lower than the 2 sales last month. November 7
2017 sales Property
were at sales
their were
highest
compared
to November
of
November
1, up level
from
0 in November
of
2016 and
and
2015. lower
November
sales
of month.
22 are running
22.2% 6
2016
50.0%
than the YTD
2 sales
last
November
ahead
of were
last year's
year-to-date
sales
of 18. to November of
2017
sales
at their
highest level
compared
Prices
25%
5%
40%
18%
-1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
6
-1
5
0
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
0
0 1
1 2 2
3 3
4 4
5
5
-1
-4%
-3%
0% 108%
19.9
18%
18%
11.6%
88.8%
-1%
Number of Properties Sold -1%
100.0% 6.0% 10.0%
November Sale Price vs List Price Ratio
2016 and 2015. November YTD sales of 22 are running 22.2%
ahead of last year's year-to-date sales of 18.
Trending versus*:
Prior YTD Prior Year
YTD
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 Sales Price and Average
17 Sales Price
Median
The Median Sales Price in November was $1,025,000, up from
Prices
2,000
$0 Median
in November
of 2016
and down was
31.2%
from $1,490,000
The
Sales Price
in November
$1,025,000,
up from last
1,900
2,000
month.
The Average
November
was $1,025,000,
$0
in November
of 2016 Sales
and Price
down in
31.2%
from $1,490,000
last
1,900 1,800
up from
$0 Average
in November
of 2016
and down was
31.2%
from
month.
The
Sales Price
in November
$1,025,000,
1,800 1,700
$1,490,000
month. of November
2017 31.2%
ASP was
at the highest
up
from $0 in last
November
2016 and down
from
level compared
to November
of 2016
$1,490,000
last month.
November
2017 and
ASP 2015.
was at the highest 1,700 1,600
1,600 1,500
level compared to November of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
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
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
40.0
30.0
40.0
10
20
30
40
50.0
50.0
20
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
November
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of of 10
35.0 months
months
was
highest
level
compared
November
35.0
was
at at
its its
highest
level
compared
with with
November
of of
0
2016
2015.
2016 and
and
2015.
50
30
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 35, down 2.8% from 36 last month and up 25.0%
November was 35, down 2.8% from 36 last month and up 25.0% 50
from 28 28 in in
November
year.
November
Inventory
from
November
of of
last last
year.
November
2017 2017
Inventory
40
was at at its its
highest
level
compared
with
November
of 2016
was
highest
level
compared
with
November
of 2016
and and
2015.
2015.
20.0 20.0
10.0 10.0
0.0
0
J M
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
N D
J F N M
D J D F M
J A
F M A
J A
S O
D A J M F J M J A A M S J O J N A S O N
14 15 14 15
16
17
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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
20
| coldwellbankerluxury.com
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.
30.0
0.0