MA ARCHIVED February 2018 | Page 14
Market Action Report
February 2018
County: Cecil
CECIL
Agent Name
Market Action Report
Community
County: Cecil Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Market Time
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 0, up from 0 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.
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 0.0
February
Month's
Inventory
50
0
3 Mo Avg
3 Mo Avg
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 $0 was up
from $0 last month and up from 0 in February of last year.
2
1
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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16
17
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0
0
-1 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
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16
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Median Sales Price and Average Sales Price
The Median Sales Price in February was $0, up from $0 in
Prices
4,600
February
2017 Price
and in up February
from $0
last
month.
The
The
Median of Sales
was
$0,
up from
$0 Average
in
4,600
Sales Price
in February
was $0,
up from
$0 The
in February
February
of 2017
and up from
$0 last
month.
Average of 2017 4,100
and Price
up from
$0 last month.
February
2018
ASP was of at 2017
the 4,100
Sales
in February
was $0, up
from $0
in February
3,600
highest level compared to February of 2017 and 2016.
Median Sales Price and Average Sales Price
3 Mo Avg
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 0.0% was up from 0.0% last month and up from
0.0% in February of last year.
140%
120%
100%
80%
60%
40%
3,600 20%
3,100 0%
3,100
2,600
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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2,600
2,100
10.0
15.0
15.0
10.0
5
0
5.0 5.0
0.0 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
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16
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Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
14
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
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.
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.
10
15
10
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
February
2018
of 0.0 5
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 0.0
months
at at
its its
highest
level
compared
with with
February
of 2017
months was
was
highest
level
compared
February
of 2017
0
and
and 2016.
2016.
20.0
20.0
20
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & M SI
The Total Inventory of Properties available for sale as of
20
18
16
14
12
10
8
6
4
2
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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M A 15
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 J F
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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 down 100.0%
from 1 in February of last year.
1,100
The Total Inventory of Properties available for sale as of
February was 13, down 7.1% from 14 last month and equal to 13
20
February was 13, down 7.1% from 14 last month and equal to 13
February
last
year.
February
2018
Inventory
in in February
of of
last
year.
February
2018
Inventory
was was
at its at its
highest level
level
compared
with
February
of 2017
2016.
highest
compared
with
February
of 2017
and and
2016.
15
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,600
1,600
2,100
1,100
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
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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0
1
1
3 Mo Avg
800
750
700
650
600
550
500
450
400
350
300
1
Selling Price per Square Foot
Selling Price per Square Foot
0.0
0%
-100%
-100.0%
0.0%
0% Sold -100%
Number of Properties
Number of Properties Sold
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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-50
2
2
-1
100
0% -100%
3
February Property sales were 0, up from 0 in February of 2017
and higher Sales
than the 0 sales last month. February 2018 sales
Property
3
were at their
highest
of 2017
and
February
Property
sales level
were compared
0, up from to 0 February
in February
of 2017
2016.
February
YTD
sales
of
0
are
running
ahead
of
last
year's
and higher than the 0 sales last month. February 2018 sales
2
year-to-date
sales of
0. compared to February of 2017 and
were
at their highest
level
0
0%
.0%
0.0%
February Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property Sales
0%
150
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
200
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
250
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
300
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
3 Mo Avg
350
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
and up from $0 last month. February 2018 ASP was at the
highest level compared to February of 2017 and 2016.
Trending versus*:
LM L3M PYM
LY
February Average
Number
of Properties
Sold
February
Sales
Price
Prices
Price Range: $1,000,000 and Up | Properties: SFH - Con
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
Title
Phone
Website
Other
February
Price Listings
Average
List Average
Price of Sales
all Current
Agent Name
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
CECIL
County: Cecil
Community Information
$1,699,000 -6%
-15%
Trending versus*:
$2,042,992 Trending
1% versus*:
-29%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
-100%
-100% $1,999,900
0%
33%
$1,699,000 $0
-6%
-15%
0%
-100%
$0
0%
-100%
$2,042,992 $0
1%
-29%
0%
$0 13 -7%
-100%
-100%
$1,999,900
0%
33%
0 0%
0
0% -100%
$0
-100%
$0
0%
0
0%
-100%
0
0%
-100%
13 -7%
0%
-100%
0 $0 0% 0% 0% -100%
0 $0
0% -100%
0 $0
0% 0% -100% -100%
0 $0
0%
0% -100% -100%
$0 0.0
0% 0%
0% 0%
0% -100%
$0 -100%
0% -100%
0.0
0% -100% -100%
$0 0.0% 0% .0% -100% -100.0%
$0 0.0%
0%
0% -100% -100%
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 0 are running ahead of last year's
year-to-date sales of 0.
February 2018
Title
Phone
Agent
Name
Website
Title
Other
Market Action Report
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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