MA ARCHIVED September 2016 | Page 32

Market Action Report September 2016
Community Information
Market Action Report September 2016

County : Queen Annes

Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,499,000
5 %
-3%
Average List Price of all Current Listings
$ 2,289,172
9 %
16 %
September Median Sales Price
$ 1,050,000
-2%
-14% -27% -27%
$ 1,600,000
28 %
11 %
September Average Sales Price
$ 1,050,000
-2%
-20% -27% -40%
$ 1,700,167
7 %
-3%
Total Properties Currently for Sale ( Inventory )
57 -11%
-27%
September Number of Properties Sold
1
0 %
-80%
15
-25%
September Average Days on Market ( Solds )
33
83 % -90% -84%
74
-50%
-64%
Asking Price per Square Foot ( based on New Listings )
$ 438
22 %
13 %
2 %
14 %
$ 383
-4%
0 %
September Sold Price per Square Foot
$ 0
-100% -100% -100%
$ 277
6 %
16 %
September Month ' s Supply of Inventory
57.0 -11% 12 % 265 %
51 %
38.4
14 %
2 %
September Sale Price vs List Price Ratio
97.7 %
4.5 % 2.9 % 33.5 % 18.0 %
91.1 %
7 %
10 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
September Property sales were 1 , down 80.0 % from 5 in September of 2015 and the same as the 1 sales last month . Property September Sales 2016 sales were at their lowest level compared to 6 September Property sales were 1 , down 80.0 % from 5 in September of 2015 and 2014 . September YTD sales of 15 are September of 2015 and the same as the 1 sales last month . running 25.0 % behind last year ' s year-to-date sales of 20 . 5 September 2016 sales were at their lowest level compared to September of 2015 and 2014 . September YTD sales of 15 are
4 running 25.0 % behind last year ' s year-to-date sales of 20 .

Queen Agent Anne Name ’ s

Title Phone

Community Information

Website
Other
3
6
5
4
3
2
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
2
1
1 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
0 13 14 15
16 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
Median Sales 15 Price and Average Sales 16 Price
3 Mo Avg
The Median Sales Price in September was $ 1,050,000 , down Prices
5,000 26.6 % from $ 1,430,000 in September of 2015 and down 2.3 %
Median Sales Price and Average Sales Price
3 Mo Avg
The from Median $ 1,075,000 Sales Price last month in September . The Average was $ 1,050,000 Sales Price , down in 4,500
5,000 26.6 September % from $ was 1,430,000 $ 1,050,000 in September , down 27.3 of 2015 % from and $ down 1,444,506 2.3 % in from $ 1,075,000 last month . The Average Sales Price in 4,500
4,000
September of 2015 and down 2.3 % from $ 1,075,000 last month . September was $ 1,050,000 , down 27.3 % from $ 1,444,506 in September 2016 ASP was at the lowest level compared to 4,0003,500 September of 2015 and down 2.3 % from $ 1,075,000 last month . September of 2015 and 2014 .
3,5003,000
September 2016 ASP was at the lowest level compared to September of 2015 and 2014 .
3,0002,500 2,5002,000 2,0001,500
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
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 57 , of down Properties 10.9 % available from 64 for last sale month as of and down
September was 57 , down 10.9 % from 64 last month and down
100
26.9 % from 78 in September of last year . September 2016
26.9
Inventory % from was 78 in at September its lowest of level last compared year . September with September 2016 of
80
Inventory
2015 and was 2014 at . its lowest level compared with September of
2015 and 2014 .
60
A comparatively lower MSI is more beneficial for sellers while a
40
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of higher MSI is better for buyers . The September 2016 MSI of
20
57.0 months was at its highest level compared with September
57.0 months was at its highest level compared with September of 2015 and 2014 . of 2015 and 2014 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
100
90.0
80
80.0
70.0
60
60.0
50.0
40
40.0
30.0
20
20.0
10.0
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
64 1
55 3 3 2
49 47 51
0
58
51 63
0 1
72
75 4 2
78 79
1
75 85 78
1
77
64 2
53 4 44
1 50
5 53 62
0 62
1
1,5001,000
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
64
55 49 47
58 63
72
79 85
77
64
44 75 50
1
73 77
62
62 0 3
75 86 73 78
3 77 69
5 86 57
2 78 45
5 69
1 57
47 50
2
56 58
45 1 47
62 2 50
0
63 56 63
3
58 64
2
62 57
63 3
63 1
1 3 3 2 0 0 1 4 2 1 1 2 4 1 5 0 1 1 0 3 3 5 2 5 1 2 1 2 0 3 2 3 1 2 1 1
64 2
57 1 1
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
32 | c o l d w e l l b a n k e r h o m e s . c o m