MA ARCHIVED February 2018 | Page 16

Market Action Report February 2018 County: Charles CHARLES Agent Name Title Phone Website Other Agent Name Community Information Market Action Report County: Charles Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Average List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con February Average Sales Price Market Profile & Trends Overview Total Properties Currently for Listings Sale (Inventory) Median List Price of all Current February Sold Average List Number Price of of all Properties Current Listings February Median Average Days on Market (Solds) February Sales Price February Average Month's Supply February Sales Price of Inventory Total Properties Currently for Price Sale (Inventory) February Sale Price vs List Ratio * LM=Last Month / L3M=Last of 3 Months / PYM=Same Month Prior Year / LY=Las t Year (2017) / YTD = Year-to-date February Number Properties Sold February Average Days on Market (Solds) * LM=Last Month / L3M=Last Months / PYM=Same Prior Year / LY=Last Year (2017) sales / YTD = Year-to-date and higher than 3 the 0 sales last Month month. February 2018 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. 3 Mo Avg higher MSI is better for buyers. The February 2018 MSI of 0.0 months was at its highest level compared with February of 2017 and 2016. 2 0 96% 6.0 4.0 8.0 2 4 0 6 96% 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 16 17 18 Inventory / New Listings / Sales Inventory / New Listings / Sales 14 12 4 6 8 10 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, down 100.0% from 5 last month and down 100.0% from 2 in February of last year. 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 15 16 17 18 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 10.0 10.0 8 10 10 A comparatively lower MSI is more beneficial for sellers while a 8 higher MSI is better for buyers. The February 2018 MSI of 0.0 months was at its highest level compared with February of 2017 6 A and comparatively lower MSI is more beneficial for sellers while a 2016. 4 Total Inventory & Month's Supply of Inventory (MSI) 12 12 14 14 3 Mo Avg 3 Mo Avg Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month 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. Inventory of A Inventory M A M J J A S Total O N D J F M A M & J Month's J A S O N Supply D J F M M J J A S (MSI) O N D J F 15 16 17 18 February was 12, down 7.7% from 13 last month and up 140.0% from 5 in February of last year. February 2018 Inventory was at its highest level compared with February of 2017 and 2016. 20 3 Mo Avg 1,000 The Total Inventory of Properties available for sale as of February was 12, down 7.7% from 13 last month and up 140.0% from 5 in February Inventory & MSI of last year. February 2018 Inventory was at its highest level compared with available February for of sale 2017 The Total Inventory of Properties as and of 2016. 30 0 Median Sales Price and Average Sales Price The Median Sales Price in February was $0, up from $0 in 0 M 1,100 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 February of 2017 and up from $0 last month. The Average 15 1,090 16 17 18 0 Sales Price in February was $0, up from $0 in February of 2017 1,080 Median Sales Price and Average Sales Price and up from $0 last month. February 2018 ASP was at the Prices 3 Mo Avg 1,070 The Median Sales Price in to February was of $0, up and from $0 in highest level compared February 2017 2016. 1,100 1,060 February of 2017 and up from $0 last month. The Average Sales Price in February was $0, up from $0 in February of 2017 1,090 1,050 1,080 and up from $0 last month. February 2018 ASP was at the 1,040 1,070 highest level compared to February of 2017 and 2016. 1,030 1,060 1,020 1,050 1,040 1,010 1,030 1,000 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 1,020 15 16 17 18 1,010 Inventory & MSI 40 Selling Price vs Original Listings Price 0 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 15 16 17 18 0 0 0 1 Prices 50 0 1 60 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 16 17 18 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. 1 1 3 Mo Avg Number of Properties Sold 1 were at their highest level compared to February of 2017 and 2016. February YTD sales of 0 are running ahead of last year's Property Sales year-to-date sales of 0. 1 3 Mo Avg 0 0 0% -100% 0 0% Sold -100% Number of Properties 0% -100% 0.0 0% -100% -100.0% 0.0% 0% -100% 0% 0% .0% Title Phone Website Other 10 1 February Price sales vs List Price Ratio February Sale Property were 0, up from 0 in February of 2017 1 February Month's Property Sales Supply of Inventory 0 0 0.0 0% 0.0% Agent Name Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year YTD -13% 0% CHARLES County: Charles Price Range: $1,000,000 and Up | Properties: SFH - Con $0 -100% -100% $1,500,000 0% 44% Trending versus*: Trending versus*: $0 0% -100% $0 0% -100% Month LM L3M PYM LY YTD Prior YTD Prior Year 12 -8% -13% 140% $1,299,500 0% 0 0 0% $1,637,817 2% 0% 0 -100% 0% -100% -100% 0 0% 44% -100% $0 $1,500,000 0% 0% -100% 0.0 0% -100% -100% $0 0.0 0% 0% 0% -100% $0 0% 12 0.0% -8% 140% .0% -100.0% 0.0% 0% -100% February Median Sales Price February Property sales were 0, up from 0 in February of 2017 and higher than the 0 sales last month. February 2018 sales were at their highest level compared to February of 2017 and 2016. February YTD sales of 0 are running ahead of last year's year-to-date sales of 0. 0% 2% February 2018 Community Information February 2018 Trending versus*: LM L3M PYM LY Title Month Phone $1,299,500 Website $1,637,817 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 2.0 D J F 15 16 17 18 8.0 6.0 4.0 2.0 0.0 0.0 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 15 16 17 18 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 guarantee the accuracy of this information. It is the responsibility of any buyer seller - Con to verify any and all information relevant to such consumer’s real estate transaction. Copyright Coldwell or Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: or SFH 16 | coldwellbankerluxury.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 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. Coldwell Banker Global Luxury ® | 17