MA ARCHIVED September 2016 | Page 14

Cecil Community Information

Cecil Community Information

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 2,250,000
10 %
17 %
Average List Price of all Current Listings
$ 2,947,575
10 %
65 %
September Median Sales Price
$ 1,350,000
0 %
-4%
$ 1,675,000
10 %
20 %
September Average Sales Price
$ 1,350,000
0 %
-39%
$ 1,675,000
-36%
-24%
Total Properties Currently for Sale ( Inventory )
12 -14%
0 %
September Number of Properties Sold
1
2
-60%
September Average Days on Market ( Solds )
92
0 %
-47%
52
-74%
-70%
Asking Price per Square Foot ( based on New Listings )
$ 0
-100% -100% -100% -100%
$ 867
149 %
149 %
September Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
-100%
-100%
September Month ' s Supply of Inventory
12.0
0 %
0 %
0 %
71 %
11.5
47 %
64 %
September Sale Price vs List Price Ratio
87.1 %
. 0 %
12.4 %
93.6 %
18 %
21 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales September Property sales were 1 , up from 0 in September of 2015 and higher than the 0 sales last month . September 2016 sales were at their highest level compared to September of 2015 and 2014 . September YTD sales of 2 are running 60.0 % behind last year ' s year-to-date sales of 5 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in September was $ 1,350,000 , up from $ 0 in September of 2015 and up from $ 0 last month . The Average Sales Price in September was $ 1,350,000 , up from $ 0 in September of 2015 and up from $ 0 last month . September 2016 ASP was at the highest level compared to September of 2015 and 2014 .
0
-1
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
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
Median Sales Price and Average Sales Price
3 Mo Avg
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
0 1 0 1 2 0 0 1 0 1 0 1 0 0 0 0 0 0 2 1 2 0 0 0 0 0 2 0 0 0 0 1 0 0 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of September was 12 , down 14.3 % from 14 last month and equal to 12 in September of last year . September 2016 Inventory was at its lowest level compared with September of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of 12.0 months was at its lowest level compared with September of 2015 and 2014 .
25 20 15 10 5 0
Total Inventory & Month ' s Supply of Inventory ( MSI ) 25
25.0
20 20.0
15 15.0
10 10.0
5 5.0
0 0.0
O N
O D
N J
D F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M
F
J
M J
A A
M S
J J A S
13 13 14 14
15 15
16 16
12
10
12
10
8
8 8 8
11
8
15
8
16
11
18
16 18
15 17
18 20
18
17 19
20
17
15
19
13
17
14
15
12
13
11
14
12
12 12
11 13
12
11
12
12
13
11
11
10
12
9
11
7
10
6
9
7
9 7
11
6
13
7
14 14
9
11
12
13
14
14
12
25.0 20.0 15.0 10.0 5.0 0.0
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