MA ARCHIVED October 2016 | Page 16

Market Action Report Charles County: Charles Market Action Report County: Charles October 2016 Agent Name Title Phone Agent Name Website Other Title October 2016 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 $364,995 5% 9% Other $369,240 Trending 4% versus*:8% Month LM -2% L3M -2% PYM -6% LY $280,000 $364,995 5% 1% 1% 9% -3% $303,403 $369,240 696 4% -13% 8% -23% $280,000 154 -2% -17% -2% -6% -8% -2% $303,403 1% 1% -3% 3% 71 0% 6% -3% 696 -13% -23% $132 2% 0% -3% 154 -17% -8% $136 7% 6% 7% 71 0% 6% -3% -5% 4.5 5% 7% -16% $132 2% 0% -3% 0% 95.0% .1% -.9% -1.8% Average List Price of all Current Listings Market Trends Overview OctoberProfile Median&Sales Price Median List Price ofSales all Current October Average Price Listings Average List Price of all Current Total Properties Currently forListings Sale (Inventory) October Sales Price OctoberMedian Number of Properties Sold October Average Sales Price October Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) October Number of Properties Sold October Sold Price per Square Foot October Average Days on Market (Solds) October Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) October Sale Price vs List Price Ratio October Sold Price per Square Foot Trending versus*: Prior YTD Prior Year YTD Trending versus*: YTD Prior YTD 1% Prior Year $289,000 -2% 3% $304,437 $289,000 1,678 1% $304,437 3% -5% 72 0% $132 1,678 12% 11% $126 72 -3% -27% 5.0 $132 0% .1% 95.8% 12%1% -3% 3% 0% 2% -4% -20% 0% 1% -4% 0% 2% -19% 1% $136 7% 6% 7% 11% $126 2% 2% 4.5 5% 7% -16% -27% 5.0 -20% -19% of95.8% Properties 95.0% .1% -.9% -1.8% Number .1% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date October Month's Supply of Inventory October Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 1% 3% 3% 3 Mo Avg 250 October Property sales were 154, down 7.8% from 167 in October of 2015 and 17.2% lower than the 186 sales last month. Property Sales October 2016 sales were at a mid level compared to October of250 200 October Property wereYTD 154,sales downof 7.8% from in 2015 and 2014. sales October 1,678 are167 running 12.0% October of last 2015year's and 17.2% lower than theof186 sales last month. ahead of year-to-date sales 1,498. 200 150 October 2016 sales were at a mid level compared to October of 320 310 300 290 280 270 260 250 14 350 340 330 320 310 300 290 280 270 260 250 Inventory & MSI 154 186 213 171 235 181 139 168 103 128 156 121 167 149 179 213 180 146 126 136 112 90 135 129 134 142 148 146 143 100 106 143 154 186 213 235 181 139 168 103 128 156 121 167 149 179 213 180 146 126 136 90 112 135 129 134 142 148 146 143 143 100 171 3 Mo Avg 16 3 Mo Avg 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 16M J J A S O N D 13J 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 A 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 12.0 600 400 Ahigher comparatively lower MSI is more The beneficial for 2016 sellersMSI while MSI is better for buyers. October of a4.5 400 200 higher MSI is better for buyers. Octoberwith 2016October MSI of 4.5 months was at its lowest level The compared of 2015 200 months was at its lowest level compared with October of 2015 0 and 2014. 0 and 2014. N D 13 10.0 878 831 798 696 764 695 681 764 693695 742 681 812 693 888 742 876 812 895888 904 876 913 895 892 904 864 913 796 892 806 783 864 790796 8