MA ARCHIVED December 2017 | Page 30

Market Action Report
Prince George’s
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
$330,000
0%
10%
Other
$378,160 Trending
2% versus*:
13%
Month
LM -0%
L3M 0%
PYM 6%
LY
$299,900
$330,000
0% 0% 0%
10% 4%
$310,360
$378,160 1,379
2% -15% 13% -22%
$299,900 603
-0% -3%
0% 6% -12%
9%
$310,360 0%
0%
4%
11%
46 2% 5% -12%
1,379 -15%
-22%
$154 -1% 1% 12%
603 -3%
-12%
$142 -1% -2% -2%
46 2% 5% -12% -15%
2.3 -12% -9% -12%
$154 -1% 1% 12% 12%
97.7% .5% -.2% -.7%
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
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
December Property sales were 603, down 11.8% from 684 in
December of 2016 and 3.2% lower than the 623 sales last
Property
Sales 2017 sales were at their lowest level
month. December
900
December
sales were
603, and
down
11.8%
from 684 YTD
in sales
compared Property
to December
of 2016
2015.
December
800
December
of 2016
and 3.2%
the year's
623 sales
last
of 8,033 are
running
3.7% lower
ahead than
of last
year-to-date
sales
month.
December
2017
sales
were
at
their
lowest
level
700
of 7,743.
Trending versus*:
Prior YTD 8%
Prior Year 8%
9% YTD
$297,000
11%
$302,885
8%
8%
$297,000 8,033
8%
$302,885
8%
-15%
47
4% 8%
-13% 8%
12%
$150
9%
8,033
4%
6%
$143
7%
47 -13%
-13%
-28%
2.6 -18%
$150
9%
9%
-.7%
98.3%
0%
-13%
9%
7%
-18%
-0%
3 Mo Avg
900
Number of Properties Sold
800
3 Mo Avg
700
600
500
600 400
689
0
100
100
Prices
15
The Median Sales Price in December was $299,900, up 6.1%
Prices
from $282,700 in December of 2016 and down 0.0% from
340
The
Median Sales
Price in The
December
was
$299,900,
6.1%
$300,000
last month.
Average
Sales
Price in up
December
320
from
$282,700
in
December
of
2016
and
down
0.0%
from
was $310,360, up 4.1% from $298,270 in December of 2016 and
340
$300,000
last month.
The last
Average
Sales
Price in December
up 0.3% from
$309,476
month.
December
2017 ASP was at 300
was
up 4.1%
from $298,270
in December
2016
and 320
the $310,360,
highest level
compared
to December
of 2016 of
and
2015.
up 0.3% from $309,476 last month. December 2017 ASP was at 300 280
16
701
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
N
D
J
F
M
A
M
J
J
A
S
O
N
D
J
F
M
A M Price
J J A S O N D
Median Sales Price and Average Sales
3 Mo Avg
0
200
300
500 300
400 200
compared to December of 2016 and 2015. December YTD sales
of 8,033 are running 3.7% ahead of last year's year-to-date sales
of 7,743.
Trending versus*:
Prior YTD Prior Year
YTD
$142 -1% -2% -2% 6%
$143
7%
7%
2.3 -12% -9% -12% -28%
2.6 -18%
-18%
of 98.3%
Properties
97.7% .5% -.2% -.7% Number
-.7%
0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
the highest level compared to December of 2016 and 2015.
December 2017
Community Information
County: Prince Georges
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
Agent Name
County: Prince Georges
December 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
280 260
260 240
240 220
220 200
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
200
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
2,000
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a
6.0
6.0
of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,000
5.0
4.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
December
was 1,379,
down 15.1%
from 1,625
last
and
The
Total Inventory
of Properties
available
for sale
as month
of
3,000
down 22.1%
December
of last
year.
December
December
was from
1,379, 1,770
down in 15.1%
from 1,625
last
month
and
2,500
down
from was
1,770 at in its
December
of last
year. December
2017 22.1%
Inventory
lowest level
compared
with December
2,500
2,000
2017
Inventory
was at its lowest level compared with December
of 2016
and 2015.
1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.3
MSI is better
for buyers.
December
2017 while
MSI of
500
higher
MSI
is better
for buyers.
December
MSI of 2.3
months
was
at its lowest
level The
compared
with 2017
December
of 2016 500
months
was
at
its
lowest
level
compared
with
December
of
2016
0
and 2015.
0
and 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
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
3.0
2.0
1.0
0.0
O N D
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© Coldwell
Banker Residential
Brokerage
| Price
Range: | Property
All | P roperty
Types:
SFH - Con
Copyright
© | Coldwell
Price
SFH - Con
30
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.
5.0
4.0
3.0
2.0
1.0
0.0