MA ARCHIVED October 2017 | Page 14

Market Action Report
October 2017
County: Charles
CHARLES
Agent Name
Title
Phone
Website
Other
Agent
Name
Community
Information
Market Action
Report
County: Charles
Price Range: $1,000,000 and Up | Properties: SFH - Con
Title
Month
Phone
$1,262,000
Website
$1,405,300
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
Average List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
October 2017
LM
Trending versus*:
L3M PYM LY
-5%
-3%
5%
-24%
$1,040,000
0%
Trending versus*:
$1,040,000
0%
Month
LM L3M PYM LY
10 25% 5% 100%
$1,262,000 -5%
1
$1,405,300 -3%
-24%
$1,040,000 53 0% 0%
0%
$1,040,000 10.0 0%
0% 0% 0%
0%
10
25%
100%
96.3%
.0%
October Median Sales Price
October Average Sales Price
Market Profile & Trends Overview
Total Properties
Currently
for Listings
Sale (Inventory)
Median
List Price of
all Current
October List
Number
Properties
Sold
Average
Price of of all
Current Listings
October Median
Average
Days
on Market (Solds)
October
Sales
Price
October Average
Month's
Supply
October
Sales
Price of Inventory
Total
Properties
Currently
Sale Ratio
(Inventory)
October
Sale Price
vs List for
Price
1
53
10.0 0%
96.3%
October
Month's
Supply of Inventory
Property
Sales
1
October
Price sales
vs List
Price
Ratio
October Sale
Property
were
1, up
from 0 in October of 2016
* LM=Last
Month / L3M=Last
Months
/ PYM=Same
Prior Year
/ LY=Last Year
(2016)
/ YTD = Year-to-date
and higher
than 3 the
0 sales
last Month
month.
October
2017
sales
1
were at their highest level compared to October of 2016 and
2015. October YTD sales of 1 are running ahead of last year's
1
Property
Sales
year-to-date
sales of 0.
1
1,080
1,070
1,100
1,060
1,090
1,050
1,080
1,040
1,070
1,030
1,060
1,020
1,050
1,040 1,010
1,030 1,000
1,020
1,010
1,000
2
0
0
3 Mo Avg
Total
Inventory
of D Inventory
N D J F M A M
J J A
S O N D J & F Month's
M A M J J Supply
A S O N
J F M A M (MSI)
J J A S O
15
16
17
2.0
4.0 0.0
4.0
6.0 6.0
8.0
8.0
10.0
10.0
12.0
0
2
4
6
8
12.0
Total Inventory & Month's Supply of Inventory (MSI)
higher MSI is better for buyers. The October 2017 MSI of 10.0
months was at its highest level compared with October of 2016
and 2015.
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
14 15
16
17
A comparatively lower MSI is more beneficial for sellers while a
8
higher MSI is better for buyers. The October 2017 MSI of 10.0
months was at its highest level compared with October of 2016 6
A and
comparatively
lower MSI is more beneficial for sellers while a
2015.
4
3 Mo Avg
Median Sales Price and Average Sales Price
14
The Total Inventory of Properties available for sale as of
14
October was 10, up 25.0% from 8 last month and up 100.0%
from 5 in October
Inventory
& MSI of last year. October 2017 Inventory was at its 12
highest
compared
with October
of 2016
and
The
Total level
Inventory
of Properties
available
for sale
as 2015.
of
10
14
October was 10, up 25.0% from 8 last mon th and up 100.0%
from 5 in October of last year. October 2017 Inventory was at its 12
highest level compared with October of 2016 and 2015.
10
3 Mo Avg
Median Sales Price and Average Sales Price
Inventory & MSI
0%
N 1,100
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
14 1,090 15
16
17
in October of 2016 and up from $0 last month. The Average
Sales Price in October was $1,040,000, up from $0 in October
of 2016 and up from $0 last month. October 2017 ASP was at
the highest level compared to October of 2016 and 2015.
0%
0%
0%
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
14
15
16
17
0
0 0
0 0
Prices
0%
0% 0%
0% 0%
0%
0
1
0
The Median Sales Price in October was $1,040,000, up from $0
in October of 2016 and up from $0 last month. The Average
Sales Price in October was $1,040,000, up from $0 in October 0
of 2016 and up from $0 last month. October 2017 ASP was at
Prices
The
in October
was $1,040,000,
up 2015.
from $0
the Median
highest Sales
level Price
compared
to October
of 2016 and
1
0%
53
$1,040,000
0%
0%
$1,040,000 10.0
0%
.0%
96.3%
1
1
$1,040,000
0%
0%
Trending versus*:
$1,040,000
0%
0%
YTD
Prior YTD Prior Year
Number of Properties Sold
1
October Property sales were 1, up from 0 in October of 2016
and higher than the 0 sales last month. October 2017 sales
were at their highest level compared to October of 2016 and
2015. October YTD sales of 1 are running ahead of last year's
year-to-date sales of 0.
0%
0%
.0%
0%
0%
1
0%
0%
53
0% Sold 0%
Number
of Properties
0%
10.0
0%
0%
.0%
96.3%
0%
0%
* LM=Last Month
/ L3M=Last
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October
Number
of 3 Properties
Sold
October Average Days on Market (Solds)
Trending versus*:
Prior YTD Prior Year
YTD
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 2.0
A S O
14 15
16
17
0.0
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
14 15
16
17
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
does not © warrant
guarantee
the accuracy
of this
information.
It is the responsibility
of any buyer
seller - Con
to verify any and all information relevant to such consumer’s real estate transaction.
Copyright
Coldwell or Banker
Residential
Brokerage
| Price
Range: $1,000,000
and Up | Property
Types: or SFH
14
| 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.