MA ARCHIVED November 2017 | Page 16

Market Action Report
November 2017
Charles
County: Charles
Agent Name
Title
Phone
Agent
Name
Website
Title Other
November 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
$379,900
3%
9%
Other
$386,952 Trending
2% versus*: 8%
Month
LM 2%
L3M -1%
PYM -2%
LY
$313,500
$379,900
3% 1% -1%
9% 1%
$326,118
$386,952 649
2% -7%
8% -12%
$313,500 168
2% -1%
-1% -2% 12%
8%
$326,118 1%
-1%
1%
7%
52 -4% -12% -15%
649 -7%
-12%
$133 -1% -1% -18%
168 -1%
12%
$129 -5% -4% 2%
52 -4% -12% -15% -28%
3.9 -6% -8% -22%
$133 -1% -1% -18% 0%
97.0% -.6% -.2% 1.5%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median
List Price
of all
Current
November
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
November
Sales
Price
November Median
Number
of Properties
Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
November Month's Supply of Inventory
November 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
250
November Property sales were 168, up 12.0% from 150 in
November of 2016 and 0.6% lower than the 169 sales last month.
Property
November Sales
2017 sales were at their highest level compared to 250 200
November
Property
up 12.0% YTD
from sales
150 in
November
of 2016 sales
and were
2015. 168,
November
of 1,975 are
November
of 2016
and of
0.6%
the 169 sales
last of month.
running 6.9%
ahead
last lower
year's than
year-to-date
sales
1,848.
200 150
$317,712
6%
4%
4%
$308,000 1,975
6%
$317,712
4%
-28%
63
7% 6%
-11% 4%
0%
$138
4%
1,975
7%
2%
$130
3%
63 -11%
-13%
-22%
3.9 -23%
$138
4%
4%
1.3%
96.9%
1%
-13%
4%
3%
-21%
1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
320
310
300
290
280
270
260
250
350
340
330
320
310
300
290
280
270
260
250
172
Median Sales Price and Average Sales Price
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
16
17
600
400
A comparatively lower MSI is more beneficial for sellers while a
400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
November
2017 while
MSI a of 3.9
200
higher
MSI
is better
for buyers.
November
MSI of 3.9
months
was
at its lowest
level The
compared
with 2017
November
of 2016 200
months
was
at
its
lowest
level
compared
with
November
of
2016
0
and 2015.
0
and 2015.
8.0
600
10.0
10.0
800
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
November
was 649,
7.0% available
from 698
The
Total Inventory
of down
Properties
for last
sale month
as of and down
1,200
12.3% from
in down
November
of last
year.
November
2017
November
was 740
649,
7.0% from
698
last month
and down
1,000
Inventory
was in
at November
its lowest level
with November
of 1,000
12.3%
from 740
of last compared
year. November
2017
800
Inventory
at its lowest level compared with November of
2016 and was
2015.
6.0
4.0
2.0
0.0
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
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
14 15
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
16 | c
169
103
D J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
Prices
The Median Sales Price in November was $313,500, down 1.