Market Action Report
September 2016
Charles
County: Charles
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for September was 72, up 16.1% from
62 days last month and up 16.1% from 62 days in September of
last year. The September 2016 DOM was at a mid level
compared with September of 2015 and 2014.
3 Mo Avg
120
100
88
80
72
62
60
40
20
0
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
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The September 2016 Selling Price per Square Foot of $127 was
up 2.5% from $124 last month and down 1.0% from 129 in
September of last year.
150
145
140
135
130
125
120
115
110
105
100
3 Mo Avg
129
127
120
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
13
14
15
16
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to com