MA ARCHIVED December 2017 | Page 18

Market Action Report
Dorchester
County: Dorchester
Title
Phone
Agent
Name
Website
Other
Title
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$212,995
-1%
22%
Other
$382,129 Trending
-1% versus*:
12%
Month
LM -4%
L3M 1%
PYM -11%
LY
$146,500
$212,995
-1% 7% 2%
22% -3%
$181,290
$382,129 234
-1% -10% 12% -15%
$146,500 -4%
1% -11% -24%
0%
32 -3%
$181,290 158
7% 40%
2% 17%
-3% 22%
-2%
234 -10%
-15%
$88 -37% -25% -25%
32 -3%
-24%
$98 -6% -8% 3%
158 40% 17% 22% 35%
7.3 -7% -3% 12%
$88 -37% -25% -25% -31%
90.6% -3.9% 1.2% 3.9%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December Average Sales Price
December Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
$98 -6% -8% 3%
7.3 -7% -3% 12%
90.6% -3.9% 1.2% 3.9%
December Month's Supply of Inventory
December Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
15
100
50
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
December
was 234,
9.7% available
from 259 for
last
month
The
Total Inventory
of down
Properties
sale
as of and down
450
14.9% from
in down
December
of last
year.
December
2017
December
was 275
234,
9.7% from
259
last month
and down
14.9%
from 275
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 400
350
Inventory
at its lowest level compared with December of
2016 and was
2015.
300
250
A comparatively lower MSI is more beneficial for sellers while 200
a
150
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 7.3
MSI is better
for buyers.
December
2017 while
MSI of
100
higher
MSI
is better
for level
buyers.
The December
2017 MSI of of 2016
7.3 and
months
was
at a mid
compared
with December
50
months
2015. was at a mid level compared with December of 2016 and
0
2015.
3 Mo Avg
3 Mo Avg
20
51
16
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
150
100
50
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 15
M 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 17
A M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
450
400
350
300
250
200
150
100
50
0
Total Inventory & Month's Supply of Inventory (MSI)
25.0
25.0
20.0
150
9%
2%
9%
-11%
0%
200
-5% 2%
12% 6%
2%
11%
9%
-11%
2%
0%
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
15
16
17
J F M A M J J A S O Median
N D J F Sales
M A M Price
J J A and
S O Average
N D J F Sales
M A M Price
J J A S O N D
The Median Sales Price in December was $146,500, down 11.2%
300
Prices
from $164,950 in December of 2016 and down 4.2% from
The
Median last
Sales
Price in The
December
$146,500,
11.2% was
$153,000
month.
Average was
Sales
Price in down
December
300 250
from
$164,950
in December
2016 and in
down
4.2% from
$181,290,
down
2.6% from of $186,075
December
of 2016 and
$153,000
month.
The last
Average
Sales
Price in December
up 6.5% last
from
$170,194
month.
December
2017 ASP was
was at
250 200
$181,290,
down
from $186,075
in December
2016
and
the lowest
level 2.6%
compared
to December
of 2016 of and
2015.
up 6.5% from $170,194 last month. December 2017 ASP was at
the lowest level compared to December of 2016 and 2015.
0
10 10
Prices
2%
408
7%
128
-31%
$130
408
-5%
-3%
$110
128
12%
-24%
8.5
$130
2%
2.4%
88.6%
20
20
0
$150,000
$195,568
35%
30
30
2%
6%
7%
40
40
$195,568
Number of Properties Sold
50
December 2017 sales were at their lowest level compared to
December of 2016 and 2015. December YTD sales of 408 are
running 5.3% behind last year's year-to-date sales of 431.
Trending versus*:
YTD
Prior YTD 2%
Prior Year
$150,000
0%
-2%
60
December Property sales were 32, down 23.8% from 42 in
December of 2016 and 3.0% lower than the 33 sales last month.
Property
December Sales
2017 sales were at their lowest level compared to 60
December
Property
down 23.8%
42 of in 408 are
December
of 2016 sales
and were
2015. 32,
December
YTD from
sales
December
of 2016
and 3.0%
lower than
the 33 sales
last
running 5.3%
behind
last year's
year-to-date
sales
of month.
431.
50
Trending versus*:
Prior YTD Prior Year
YTD
-3%
$110
11%
9%
-24%
8.5 -11%
-11%
Number of 88.6%
Properties
2.4%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
2016 and 2015.
December 2017
Community Information
County: Dorchester
Agent Name
Market Action Report
December 2017
15.0
10.0
5.0
0.0
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 M J J A S O N D
15
16
17
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage | Price
Range: All | Property
Types:
SFH - Con
Copyright
©
Range:
Types:
SFH - Con
18
| Coldwell
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
er
h o All m | Property
es . c
om
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
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warra nt
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
20.0
15.0
10.0
5.0
0.0