MA ARCHIVED September 2016 | Page 18

Market Action Report September 2016 Dorchester County: Dorchester Agent Name Market Action Report September 2016 Title Phone Agent Name Website Title Other Community Information County: Dorchester Price Range: All | Properties: SFH - Con Phone Website Month $197,750 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD 5% 7% $353,336 Trending 11% versus*: 18% Trending versus*: Month LM 22% L3M 10% PYM 20% LY 34% YTD Prior YTD 7% Prior Year 12% $174,500 $145,000 $197,750 5% 10% 1% 7% 36% 24% $214,297 $186,329 7% 8% $353,336 11% 338 -1% 18% -9% $174,500 22% 10% 20% 34% $145,000 7% 12% 50 67% 43% 304 7% $214,297 10% 1% 36% 24% $186,329 7% 8% 115 42% 6% -6% -14% 117 -13% -12% 338 -1% -9% $258 82% 65% 143% 121% $134 10% 15% 50 67% 43% 304 7% $113 8% 2% 19% 24% $97 8% 7% 115 42% 6% -6% -14% 117 -13% -12% 6.8 -41% -19% -36% -42% 10.4 -15% -10% $258 82% 65% 143% 121% $134 10% 15% 4% 7% 4% $11385.7% 8% -7.0% 2% -5.4% 19% -2.1% 24% -.0% $97 88.8% 8% Average List Price of all Current Listings Market Profile & Trends Overview September Median Sales Price Median List Price of all Current Listings September Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) September Median Sales Price September Number of Properties Sold September Average Sales Price September Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) September Number of Properties Sold September Sold Price per Square Foot September Average Days on Market (Solds) September Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) SeptemberSold SalePrice Price vsSquare List Price September per FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 6.8 -41% -19% -36% -42% 10.4 -15% -10% of88.8% Properties 85.7% -7.0% -5.4% -2.1% Number -.0% 4% Sold 4% September Month's Supply of Inventory September 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 3 Mo Avg 50 30 48 36 35 20 25 33 27 39 28 40 35 29 39 35 32 39 37 23 15 40 26 28 29 27 30 32 23 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 Median Sales 13 14 15 Price and Average Sales 16 Price 3 Mo Avg The Median Sales Price in September was $174,500, up 20.3% 300 Prices from $145,000 in September of 2015 and up 22.5% from The Medianlast Sales Price inThe September $174,500, 20.3% was $142,450 month. Averagewas Sales Price in up September 300 from $145,000 in September of 2015 and up 22.5% from $214,297, up 35.9% from $157,658 in September of 2015 and up 250 $142,450 last month. The Average Sales Price in September was 10.4% from $194,080 last month. September 2016 ASP was at $214,297, up 35.9% from $157,658 in September of 2015 and up 250 200 the highest level compared to September of 2015 and 2014. 150 150 100 100 50 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 50 O N 13 D J 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 A16M J J A S 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 300 250 200 A comparatively lower MSI is more beneficial for sellers while 150 a A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2016 MSI of 6.8 100 higher MSI is better for buyers. The September 2016 MSI of 6.8 months was at its lowest level compared with September of 2015 months was at its lowest level compared with September of 2015 50 and 2014. 0 and 2014. 2015 and 2014. 450 400 350 300