MA ARCHIVED November 2017 | Page 18

Market Action Report
November 2017
Dorchester
County: Dorchester
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
$222,200
-1%
21%
Other
$380,746 Trending
-1% versus*: 9%
Month
LM 9%
L3M 2%
PYM 2%
LY
$153,000
$222,200
-1% 7% -8%
21% 1%
$170,194
$380,746 252
-1% -11% 9% -16%
$153,000 9%
2% 2% -20%
4%
33 -13%
$170,194 113
7% -12%
-8% -2%
1% -8%
-8%
252 -11%
-16%
$140 7% 15%
-16%
33 -13%
-20%
$104 35% -5% -10%
113 -12% -2% -8% -3%
7.6 3% -1% 5%
$140 7% 15% -16% 9%
94.3% 9.8% 5.0% 7.2%
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
60
November Property sales were 33, down 19.5% from 41 in
November of 2016 and 13.2% lower than the 38 sales last month. 50
Property
November Sales
2017 sales were at a mid level compared to November
60
November
Property
were 33,
down
19.5%
from
41 running
in
of 2016 and
2015. sales
November
YTD
sales
of 376
are
3.3% 40
November
of year's
2016 and
13.2% lower
than
38 sales last month. 50
behind last
year-to-date
sales
of the
389.
$150,000
$196,784
-3%
3%
376
7%
125
9%
$132
376
-3%
3%
$111
125
11%
-20%
8.6
$132
3%
6.6%
88.5%
-3% 2%
11% 7%
3%
11%
7%
-13%
3%
-0%
7%
3%
10%
-11%
0%
3 Mo Avg
3 Mo Avg
30
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
The Median Sales Price in November was $153,000, up 2.0%
300
from $150,000 in November of 2016 and up 8.9% from
Prices
The
Median last
Sales
Price in The
November
$153,000,
2.0%
$140,450
month.
Average was
Sales
Price in up
November
was
300 250
from
$150,000
in November
of 2016 in
and
up 8.9% from
$170,194,
up 1.4%
from $167,788
November
of 2016 and up
$140,450
last
month.
The
Average
Sales
Price
in
November
was
6.7% from $159,467 last month. November 2017 ASP was at the
250 200
$170,194,
up 1.4%
from $167,788
in November
2016
and up
highest level
compared
to November
of 2016 of and
2015.
6.7% from $159,467 last month. November 2017 ASP was at the
highest level compared to November of 2016 and 2015.
200
150
100
50
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
50
14 15
Inventory & MSI
450
400
350
300
250
200
150
100
50
0
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
25.0
25.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3 Mo Avg
150
100
November
was 252,
10.6%
from 282
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
15.7% from
299
in down
November
last 282
year.
November
was
252,
10.6% of
from
last November
month and 2017
down 450
Inventory
was in
at November
its lowest of
level
with November
of 400
15.7%
from 299
last compared
year. November
2017
350
Inventory
at its lowest level compared with November of
2016 and was
2015.
300
2016 and 2015.
250
A comparatively lower MSI is more beneficial for sellers while 200
a
150
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
November
2017 while
MSI a of 7.6
100
higher
MSI
is better
for level
buyers.
The November
2017 MSI of of 2016
7.6 and
months
was
at a mid
compared
with November
50
months
2015. was at a mid level compared with November of 2016 and
0
2015.
Median Sales Price and Average Sales Price
20.0
Prices
15.0
10.0
5.0
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
18 | c
25
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
10 10
20
20
0
2%
7%
7%
30
30
$196,784
Number of Properties Sold
40
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$150,000
$104 35% -5% -10% 3%
$111
11%
10%
7.6 3% -1% 5% -20%
8.6 -13%
-11%
Number of 88.5%
Properties
94.3% 9.8% 5.0% 7.2% 6.6%
-0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
November 2017 sales were at a mid level compared to November
of 2016 and 2015. November YTD sales of 376 are running 3.3%
behind last year's year-to-date sales of 389.
Trending versus*:
Prior YTD Prior Year
YTD
4%
-8%
County: Dorchester
Market Action Report
.
Data
provided
courtesy
of Coastal
Association of REALTORS
of Inc.,
MD, Metropolitan
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 is
provided
courtesy
of MD,
o l of d Coastal
w e Association
l l b a of n REALTORS
kerh
om
e s c o Regional
m 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