MA ARCHIVED February 2018 | Page 12

Market Action Report
February 2018
County: Carroll
CARROLL
Agent Name
Market Action Report
Community
Information
County: Carroll
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 8.0
February
Month's
Inventory
February Sale Price vs List Price Ratio
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 109, down 82.9%
from 638 days last month and up from 0 days in February of last
year. The February 2018 DOM was at its lowest level compared
with February of 2017 and 2016.
650
550
450
81
0.0
M A M
M A J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N
F M
J J A A M S J O J N A D S J O F N D J F
D A J M F M
15 15
16
17
18
16
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Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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coldwellbankerluxury.com
Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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
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
2.0
0.0 2.0 2
8
10
12
8.0 0
14
8.0 2
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 0, up from 0 last month and up from 0 in
February of last year.
10.0 4.0
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4
4.0
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.
0%
10.0
12.0
6.0
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or se ller to verify any and all information relevant to such consumer’s real estate transaction.
50%
6
6.0
4
95.8%
100%
12.0
6
6 8
8
10
150%
14.0
14.0
12
14
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory of Properties available for sale as of
February was 8, equal to 8 last month and up 33.3% from 6 in 14
February was 8, equal to 8 last month and up 33.3% from 6 in
February of of
last
year.
February
2018
Inventory
a mid 12
February
last
year.
February
2018
Inventory
was was
at a at
mid
level compared
compared
with
February
of 2017
2016.
level
with
February
of 2017
and and
2016.
10
200%
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
250%
3 Mo Avg
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Median Sales Price and Average Sales Price
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 95.8% was up from 80.0% last month and up from
0.0% in February of last year.
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
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Median
Sales Price and Average
Sales Price
2,100
comparatively
lower
MSI
is more
beneficial
for sellers
a 4
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
February
2018
of 8.0
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 8.0
months
at at
its its
highest
level
compared
with with
February
of 2017
months was
was
highest
level
compared
February
of 2017 2
0
and
and 2016.
2016.
750
0
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$0 Median
in February
2017
and down was
4.2%
from $1,200,000
The
Sales of
Price
in February
$1,150,000,
up from last
2,100 2,000
month.
The Average
Price 4.2%
in February
was $1,150,000,
up
$0
in February
of 2017 Sales
and down
from $1,200,000
last
1,900
from
$0
in
February
of
2017
and
down
4.2%
from
$1,200,000
month. The Average Sales Price in February was $1,150,000, up 2,000
1,900 1,800
last $0
month.
February
2018 and
ASP
was 4.2%
at the
highest
level
from
in February
of 2017
down
from
$1,200,000
1,800 1,700
compared
February
of ASP
2017 was
and at 2016.
last
month. to
February
2018
the highest level
1,700 1,600
compared to February of 2017 and 2016.
1,600 1,500
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100
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Inventory & MSI
The Total Inventory of Properties available for sale as of
850
The Median Sales Price in February was $1,150,000, up from
Prices
3 Mo Avg
3 Mo Avg
950
-1
-1
0 0
1 1
1
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $81 was
down 73.9% from $309 last month and up from 0 in February of
last year.
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-100
50
2
109
150
2
300
250
2
400
350
2
500
0
3
3
600
100
3 Mo Avg
Number of Properties Sold
3 Mo Avg
700
200
3
February Property sales were 1, up from 0 in February of 2017
and the same
as the 1 sales last month. February 2018 sales
Property
Sales
4
were at their
highest
of of
2017
and
February
Property
sales level
were compared
1, up from to 0 February
in February
2017
2016.
February
YTD
sales
of
2
are
running
100.0%
ahead
of
last
and the same as the 1 sales last month. February 2018 sales
3
year's
year-to-date
sales compared
of 1.
were
at their
highest level
to February of 2017 and
4
Property Sales
Prices
YTD
Market Time
0% 0% -23%
8.0
0%
-23%
95.8% 19.8% 9.0%
10.4%
8% Sold 1%
Number of 87.9%
Properties
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Title
Phone
Website
Other
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
0%
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
February Average
Number
of Properties
Sold
February
Sales
Price
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
Agent Name
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
February
Price Listings
Average
List Average
Price of Sales
all Current
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
CARROLL
County: Carroll
Community Information
$1,399,950 0%
-7%
Trending versus*:
$1,386,838 Trending
0% versus*:
-17%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,150,000
-11% $1,175,000
7%
-9%
$1,399,950
0% -4% -2%
-7%
$1,150,000
-9% $1,175,000
7%
-7%
$1,386,838
0% -4% -2%
-17%
8 0%
33%
$1,150,000 -4%
-2%
-11% $1,175,000
7%
-9%
1 0%
2 100% -7%
$1,150,000 -4%
-2%
-9% $1,175,000
7%
-60%
373 119%
37%
8 109
0% -83% -71%
33%
$0 -100%
-100%
1 $0
0% 0% 0% 0% -100%
2 100%
109 $81
-83% -74%
-71% -59% -60% -67%
373 $195
119% 0% 37% -19%
$0 8.0
0% 0%
0% 0%
0% -100%
$0 -100%
0% -23%
8.0
0% -100% -23%
$81 95.8%
-74% 19.8%
-59% 9.0% -67% 10.4% $195 87.9%
0%
8% -19%
1%
Average List Price of all Current Listings
February 2018
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
2016. February YTD sales of 2 are running 100.0% ahead of last
year's year-to-date sales of 1.
February 2018
Title
Phone
Agent
Name
Website
Title
Other
Market Action Report
0
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
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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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.
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