Market Action Report February 2018
County : Cecil
CECIL
Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 .
350 300 250 200 150 100
Agent Name
Title Phone Website Other
Days On Market for Sold Properties
3 Mo Avg
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 $ 0 was up from $ 0 last month and up from 0 in February of last year .
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 .
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 down 100.0 % from 1 in February of last year .
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
50 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 -50 15
16 17
18
Selling Price per Square Foot
3 Mo Avg
800 750 700 650 600 550 500 450 400 350 300
140 % 120 % 100 % 80 % 60 % 40 % 20 %
20 18 16 14 12 10 8 6 4 2 0
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S O N D |
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S O N D |
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S O N D |
J |
F |
15 |
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16 |
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17 |
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18 |
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Selling Price versus Listing Price Ratio
0 % |
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M
A M J
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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 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
12
11 12 12
13
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 .
11 12
Avg Selling Price divided by Avg Listing Price for sold properties during the month
11 10 9
7
6 7
9 11
13 14 14
12 11
12
11 13 13 13 13
16 15
16
14
18 19 19
3 Mo Avg
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A M J
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S O N D |
J |
F M A M J |
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A |
S O N D |
J |
F M A M J |
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S O N D |
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F |
15 |
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16 |
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17 |
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18 |
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15 14
13
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