MA ARCHIVED December 2017 | Page 38
Market Action Report
Wicomico
County: Wicomico
Market Action Report
County: Wicomico
December 2017
Agent Name
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
$167,500
-1%
12%
Other
$208,618 Trending
-1% versus*:
19%
Month
LM 2%
L3M -3%
PYM 33%
LY
$160,000
$167,500
-1% -6% -5%
12% 15%
$163,756
$208,618 407
-1% -10% 19% -15%
$160,000 103
2% 10%
-3% 33% 16%
7%
$163,756 -6%
-5%
15%
6%
81 -9% -7% -19%
407 -10%
-15%
$95 -6% -6% 4%
103 10%
16%
$91 -11% -6% 8%
81 -9% -7% -19% -18%
4.0 -18% -22% -26%
$95 -6% -6% 4% 4%
100.3% 4.5% 4.6% 10.2%
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
Aver age
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 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
Trending versus*:
YTD
Prior YTD 5%
Prior Year
$157,025
7%
6%
$166,011
5%
8%
8%
$157,025 1,232
5%
$166,011
8%
-18%
86
11% 5%
-14% 8%
4%
$99
10%
1,232
11%
9%
$93
11%
86 -14%
-13%
-36%
4.4 -29%
$99
10%
9%
8.9%
93.6%
1%
-13%
9%
11%
-29%
2%
$91 -11% -6% 8% 9%
$93
11%
11%
4.0 -18% -22% -26% -36%
4.4 -29%
-29%
Number of 93.6%
Properties
100.3% 4.5% 4.6% 10.2% 8.9%
1% Sold 2%
* 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
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
140
December Property sales were 103, up 15.7% from 89 in
December of 2016 and 9.6% higher than the 94 sales last month. 120
Property
December Sales
2017 sales were at their highest level compared to 140
December
Property
up 15.7% YTD
from sales
89 in of 1,232 are
100
December
of 2016 sales
and were
2015. 103,
December
December
of 2016 ahead
and 9.6%
higher
than
the 94 sales
last of
month.
running 10.9%
of last
year's
year-to-date
sales
1,111. 120
80
December 2017 sales were at their highest level compared to
down 6.1% from $174,442 last month. December 2017 ASP was
at a mid range compared to December of 2016 and 2015.
170
160
150
140
130
120
110
100
Inventory & MSI
15
200
190
180
170
160
150
140
130
120
110
100
79
105
17
3 Mo Avg
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)
Total Inventory & Month's Supply of Inventory (MSI)
12.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
700
December
was 407,
9.8% available
from 451 for
last
month
The
Total Inventory
of down
Properties
sale
as of and down
700 600
14.7% from
in down
December
of last
year.
December
December
was 477
407,
9.8% from
451
last month
and 2017
down
14.7%
from 477
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 600 500
Inventory
at its lowest level compared with December of
2016 and was
2015.
500
400
2016 and 2015.
400
16
Median Sales Price and Average Sales Price
300
12.0
10.0
8.0
Prices
The Median Sales Price in December was $160,000, up 33.3%
Prices
from $120,000 in December of 2016 and up 1.9% from
The
Median last
Sales
Price in The
December
$160,000,
33.3% was
$156,950
month.
Average was
Sales
Price in up
December
200
from
$120,000
in December
of 2016 and
up 1.9% from
$163,756,
up 15.4%
from $141,902
in December
of 2016 and
190
$156,950
last from
month.
The Average
Sales Price
in December
was was
down 6.1%
$174,442
last month.
December
2017 ASP
180
$163,756,
15.4%
from $141,902
in December
of and
2016 2015.
and
at a mid up
range
compared
to December
of 2016
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
0
20
20
40
40
60
3 Mo Avg
60
80
100
December of 2016 and 2015. December YTD sales of 1,232 are
running 10.9% ahead of last year's year-to-date sales of 1,111.
Number of Properties Sold
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 4.0
MSI is better
for buyers.
December
2017 while
MSI of
200
higher
MSI
is better
for buyers.
December
MSI of 4.0
months
was
at its lowest
level The
compared
with 2017
December
of 2016 100
months
was at its lowest level compared with December of 2016 100
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
6.0
4.0
2.0
0.0
O N D
Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range: | Property
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Brokerage
Price
SFH - Con
38
c o Banker
l d Residential
well
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.
10.0
8.0
6.0
4.0
2.0
0.0