MA ARCHIVED December 2017 | Page 26

Market Action Report
Kent
County: Kent
Title
Phone
Agent
Name
Website
Other
Title
December 2017
Community Information
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
$289,000
-0%
9%
Other
$486,054 Trending
3% versus*:
19%
Month
LM -10%
L3M -8%
PYM 0%
LY
$225,000
$289,000
-0% 28% 24%
9% 50%
$355,176
$486,054 209
3% -10% 19% -10%
$225,000 -10%
-8% 0% 0%
13%
27 69%
$355,176 144
28% 73%
24% -6%
50% 30%
38%
209 -10%
-10%
$144 -3% -20% -33%
27 69%
0%
$213 52% 29% 63%
144 73% -6% 30% -17%
7.7 -47% -21% -10%
$144 -3% -20% -33% -11%
90.5% 3.2% 1.2% .0%
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
$213 52% 29% 63%
7.7 -47% -21% -10%
90.5% 3.2% 1.2% .0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
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
Prope rty
Sales
Prices
The Median Sales Price in December was $225,000, equal to
Prices
$225,000 in December of 2016 and down 10.0% from
The
Median last
Sales month.
Price in The
December
was
$225,000,
to
$250,000
Average
Sales
Price in equal
December
was
500
$225,000
December
of 2016
and down
10.0% from
$355,176, in up
50.2% from
$236,419
in December
of 2016 and up
$250,000
last $277,631
month. The
Price in 2017
December
was at 450
27.9% from
last Average
month. Sales
December
ASP was
$355,176,
up 50.2%
from $236,419
in December
of 2016
up 400
the highest
level compared
to December
of 2016
and and
2015.
27.9% from $277,631 last month. December 2017 ASP was at
the highest level compared to December of 2016 and 2015.
34
0
15
500
450
16
28
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
0
5
5
3 Mo Avg
10
10
3 Mo Avg
15
15
-1%
3%
17%
-23%
3%
20
20
6% 11%
0% 12%
3%
19%
-1%
-23%
3%
3%
25
25
10%
320
12%
171
-11%
$166
320
6%
62%
$154
171
0%
-40%
9.9
$166
3%
4.3%
89.3%
30
30
$221,000
$287,996
-17%
Number of Properties Sold
35
2017 sales were at their highest level compared to December of
2016 and 2015. December YTD sales of 320 are running 6.0%
ahead of last year's year-to-date sales of 302.
Trending versus*:
Prior YTD 10%
Prior Year 11%
13% YTD
$221,000
38%
$287,996
12%
12%
40
December Property sales were 27, equal to 27 in December of
2016 and 68.8% higher than the 16 sales last month. December
Property
2017 sales Sales
were at their highest level compared to December of 40
December
sales were YTD
27, equal
in are
December
of 6.0%
2016 and Property
2015. December
sales to
of 27
320
running
2016
and
higher
than the 16 sales
sales last
month. December 35
ahead
of 68.8%
last year's
year-to-date
of 302.
Trending versus*:
Prior YTD Prior Year
YTD
62%
$154
19%
17%
-40%
9.9 -23%
-23%
Number of 89.3%
Properties
4.3%
3% Sold 3%
County: Kent
Agent Name
Market Action Report
December 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
400
350
350 300
300 250
250 200
200 150
150 100
2016 and 2015.
250
200
A comparatively lower MSI is more beneficial for sellers while 150
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 7.7
MSI is better
for buyers.
December
2017 while
MSI of
100
higher
MSI
is better
for buyers.
December
MSI of 7.7
months
was
at its lowest
level The
compared
with 2017
December
of 2016
50
months
was at its lowest level compared with December of 2016
and 2015.
0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
400
350
300
250
200
150
100
50
0
Total Inventory & Month's Supply of Inventory (MSI)
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
December
was 209,
9.9% available
from 232
month
The
Total Inventory
of down
Properties
for last
sale
as of and down
400
10.3% from
in down
December
of last
year.
December
2017
December
was 233
209,
9.9% from
232
last month
and down
10.3%
from 233
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 350
Inventory
at its lowest level compared with December of
300
2016 and was
2015.
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
100
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
© | Coldwell
Price
| Property
SFH - Con
26
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
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
warrant
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.
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0