MA ARCHIVED April 2017 | Page 50

Market Action Report April 2017
Community Information
Market Action Report April 2017

County : Clarke

Price Range : All | 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
$ 495,950
4 %
15 %
Average List Price of all Current Listings
$ 810,555
6 %
-11%
April Median Sales Price
$ 424,000
26 %
17 %
50 %
24 %
$ 362,450
33 %
6 %
April Average Sales Price
$ 387,146
13 %
-3%
-2%
2 %
$ 397,343
5 %
4 %
Total Properties Currently for Sale ( Inventory )
80
-6%
-33%
April Number of Properties Sold
13
-7%
-54%
52
-20%
April Average Days on Market ( Solds )
80 -49% -26% -33% -22%
108
-19%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 172
15 %
6 %
-1%
-3%
$ 163
-4%
-8%
April Sold Price per Square Foot
$ 140
-2%
-9%
-7%
-3%
$ 153
1 %
6 %
April Month ' s Supply of Inventory
6.2
1 %
5 %
44 %
-6%
6.0
-27%
-7%
April Sale Price vs List Price Ratio
94.9 %
2.3 % 1.8 % 2.5 % 2.0 %
93.2 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 13 , down 53.6 % from 28 in April of
2016 and 7.1 % lower than the 14 sales last month . April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 30
April 2015 Property . April YTD sales sales were of 1352 , down are running 53.6 % from 20.0 28 % in behind April of last 2016 year and ' s year-to-date 7.1 % lower than sales the of 65 14 . sales last month . April 2017
25 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 52 are running 20.0 % behind last
20 year ' s year-to-date sales of 65 .
15
30
25
20
15
10

Clarke

Agent Name
Title Phone Website Other

Community Information

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
0
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 N D
J
F M A
0
14
15
16
17
Prices
The Median Sales Price in April was $ 424,000 , up 50.1 % from
M
14
J
J
A S O N D
J
FMedian M A M J Sales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Prices
$ 282,450 in April of 2016 and up 25.6 % from $ 337,450 last
The month Median . The Sales Average Price Sales in April Price was in $ 424,000 April was , up $ 387,146 50.1 % from , down
$
1.9 282,450 % from in $ April 394,783 of 2016 in April and up of 2016 25.6 % and from up $ 13.2 337,450 % from last month
$ 341,930 . The last Average month Sales . April Price 2017 in April ASP was $ at 387,146 the lowest , down level
1.9 compared % from $ 394,783 to April in of April 2016 of and 2016 2015 and . up 13.2 % from
$ 341,930 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
950
850
750
650
950
850
750
650
550
Median Sales Price and Average Sales Price
3 Mo Avg
550
450
450
350
350
250
250
150
150
M
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 N D
J
F M A
J
14
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 80 , down Inventory 5.9 % of from Properties 85 last available month and for sale down as 33.3 of April % from was 12080 in , down April 5.9 of last % from year 85 . April last month 2017 Inventory and down 33.3 was % at from its lowest
180
120 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
160
180
160
140
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
15.0
level compared with April of 2016 and 2015 .
140
120
15.0
120
100
A comparatively lower MSI is more beneficial for sellers while a
80
A comparatively lower MSI is more beneficial for sellers while a
60 higher MSI is better for buyers . The April 2017 MSI of 6.2 higher MSI is better for buyers . The April 2017 MSI of 6.2
40 months was at a mid level compared with April of 2016 and months was at a mid level compared with April of 2016 and
20
2015 .
2015 .
0
100
80
10.0
60
40
5.0
20
0
0.0
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 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 N D J
F M A
14
15
16
17
14
15
16
17
10.0
5.0
0.0
140
12 20
151
146 140
144 151 14 146 135
12 20 14 23 9
23 23 144 129
9 8 135 114
23 11 129 106
8 114 101
11 106 87
9 5
9 101
103 5
131 134
87 14 103
15 10
155
131 160 134 159
14
155 155
160 18 138
159 14
129
155 20 27 18
14 15 10 14 18 14 20 27 18 15 9
15 9 12 16 28 18 20
12 16 28 18 20 22 23 19 18 21 16 12 13 14 13
120
108 138
111 129
119 120
120 108
121 111
120 119
125 120
128 121 122 120
102 125
91 22 128 77
23
122 78
19
102 70
18
91
85 77
21 80
78 16
70 12
85 13
80 14 13
50 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .