MA ARCHIVED February 2018 | Page 62

Market Action Report February 2018
Market Action Report February 2018

QUEEN County : Queen Annes ANNE ’ S

Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,650,000
-3%
15 %
Average List Price of all Current Listings
$ 2,427,639
-1%
2 %
February Median Sales Price
$ 0
-100% -100% -100% -100%
$ 2,167,500
78 %
64 %
February Average Sales Price
$ 0
-100% -100% -100% -100%
$ 2,167,500
56 %
42 %
Total Properties Currently for Sale ( Inventory )
33
0 %
-25%
February Number of Properties Sold
0 -100%
-100%
2
-33%
February Average Days on Market ( Solds )
0 -100% -100% -100% -100%
12
-91%
-92%
Asking Price per Square Foot ( based on New Listings )
$ 412
6 %
23 %
75 %
18 %
$ 396
49 %
13 %
February Sold Price per Square Foot
$ 0
-100% -100%
-100%
$ 265
-5%
-9%
February Month ' s Supply of Inventory
0.0 -100% -100% -100% -100%
16.5
-47%
-24%
February Sale Price vs List Price Ratio
0.0 % -100.0% -100.0% -100.0% -100.0%
93.8 %
6 %
6 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales February Property sales were 0 , down 100.0 % from 1 in Property February of Sales 2017 and 100.0 % lower than the 2 sales last month .
6
February Property 2018 sales sales were at 0 , their down lowest 100.0 % level from compared 1 in to February of of 2017 2017 and and 100.0 2016 %. lower February than the YTD 2 sales last of 2 month are .
5
February running 2018 33.3 % sales behind were last at their year lowest ' s year-to-date level compared sales of to 3 . February of 2017 and 2016 . February YTD sales of 2 are
4 running 33.3 % behind last year ' s year-to-date sales of 3 .
3
Agent Name 6
5
4
3
2
Title Phone Website Other
Number of Properties Sold Number of Properties Sold
3 Mo Avg
3 Mo Avg
2 1
1
0
0
M
A M J
15
M
A M J
J
A
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
16
17
18
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
F
Prices
15
Prices
The Median Sales Price in February was $ 0 , down 100.0 % from
5,000
The
$ 1,220,000 Median Sales in February Price in February of 2017 and was down $ 0 , down 100.0 100.0 % from % from
$
$ 1,220,000 2,167,500 in last February month of . The
5,000 2017 Average and down Sales 100.0 Price % from in February
4,500
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
$ was 2,167,500 $ 0 , down last month 100.0 %. The from Average $ 1,220,000 Sales Price in February in February of 2017 and
4,5004,000
was down $ 0 , 100.0 down % 100.0 from % $ from 2,167,500 $ 1,220,000 last month in February . February of 2017 2018 and ASP
4,000 down was at 100.0 a mid % from range $ 2,167,500 compared last to February month . February of 2017 2018 and 2016 ASP .
3,500 was at a mid range compared to February of 2017 and 2016 .
3,5003,000
3,000
2,500
2,500
2,000
2,000
1,500
1,500
1,000
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
M
A
15 M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
15
16
17
18
Inventory & MSI Inventory & MSI The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of February was 33 , equal to 33 last month and down 25.0 % from February was 33 , equal to 33 last month and down 25.0 % from 90 44 44 in in February February of of last last year year . February
. February 2018
2018 Inventory
Inventory was was at its
at its 80 lowest lowest level level compared compared with with February February of 2017 of 2017 and and 2016 2016 . . 70 60
50 40
A A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a 30 a higher MSI is is better for for buyers . The . The February 2018 2018 MSI MSI of 0.0 of 0.020 months was was at at a mid a mid level level compared with with February of 2017 of 2017 and and 10 2016 . .
0
90 80 70 60 50 40 30 20 10 0
61 61 61
M
15
1 0 3 3
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
85 5
74 72
76 74 72
77 76
61
2 85 68
5 77 56
1 68
2 56
44 46 50
1 44
2
56 58
46 0 50
3 2 3
1
62
56 64 58 64 62 65
60
64 64
2
54 65
46
36 37
44 46 43 46
42 44 52 52 51 55 52 52 52
42
35 33 33
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
A M AJ MJ AJ SJ OA NS DO JN FDMJ
AF MJ AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF
N D J F
15
16 16
17 17
18 18
1 60
1
54 2 2 36
3
37 2 1 43
1 46
2
42 4 4 2
51 0
55 52
4 42
3 35
0
1 0 3 3 5 2 5 1 2 1 2 0 3 2 3 1 2 1 1 2 2 3 2 1 1 2 4 4 2 0 4 3 0 5 2 0
33 5
33 2 0
80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
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