MA ARCHIVED February 2018 | Page 78

Market Action Report February 2018
Market Action Report February 2018

WORCESTER

County : Worcester

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
$ 1,462,450
4 %
5 %
Average List Price of all Current Listings
$ 1,615,485
-1%
4 %
February Median Sales Price
$ 0
-100% -100%
-100%
$ 1,569,000
13 %
26 %
February Average Sales Price
$ 0
-100% -100%
-100%
$ 1,503,000
0 %
15 %
Total Properties Currently for Sale ( Inventory )
34
13 %
26 %
February Number of Properties Sold
0 -100%
3
0 %
February Average Days on Market ( Solds )
0 -100% -100%
-100%
325
0 %
52 %
Asking Price per Square Foot ( based on New Listings )
$ 399
-37% -8%
12 %
-12%
$ 424
41 %
-6%
February Sold Price per Square Foot
$ 0
-100% -100%
-100%
$ 325
0 %
-25%
February Month ' s Supply of Inventory
0.0 -100% -100%
0 %
-100%
10.0
0 %
-48%
February Sale Price vs List Price Ratio
0.0 % -100.0% -100.0%
-100.0%
96.3 %
0 %
7 %
* 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 , up from 0 in February of 2017 Property and 100.0 % Sales lower than the 3 sales last month . February 2018
7
February sales were Property at their sales lowest were level 0 , up compared from 0 in to February of of 2017 2017 and and 100.0 2016 %. lower February than YTD the 3 sales of last 3 are month running . February ahead 2018 of last 6 sales year were ' s year-to-date at their lowest sales level of 0 compared . to February of 2017 and 2016 . February YTD sales of 3 are running ahead of last 5 year ' s year-to-date sales of 0 .
4
Agent Name 7 6 5 4 3
Title Phone Website Other
Number of Properties Sold Number of Properties Sold
3 Mo Avg
3 Mo Avg
3 2
2 1
1
0
0
M
A M J
J
A
-1
15
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
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
Prices
-1
15
Prices
The Median Sales Price in February was $ 0 , up from $ 0 in
1,700
The
February Median of Sales 2017 Price and in down February 100.0 was % from $ 0 , up $ 1,569,000 from $ 0 in last
February month .
1,700 of The 2017 Average and down Sales 100.0 Price % in from February $ 1,569,000 was $ last 0 , up from
1,600
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
$ month 0 in February . February of 2017 2018 and ASP down was 100.0 at a % mid from range $ 1,503,000 compared last to month
February . February of 20172018 and ASP 2016 was . at a mid range compared to
1,500
1,400 month
$ 0 in . February The Average of 2017 Sales and Price down in February 100.0 % was from $ 0 $ , 1,503,000 up from last
1,600
1,500
February of 2017 and 2016 .
1,400
1,300
1,300
1,200
1,200
1,100
1,100
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 34 , up 13.3 % from 30 last month and up 25.9 % February was 34 , up 13.3 % from 30 last month and up 25.9 % 50 from from 27 27 in in February
February of of last last year year . February
. February 2018
2018 Inventory
Inventory was was 40 at at its its highest highest level level compared compared with with February February of 2017 of 2017 and and 2016 2016 . .
20 A A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a higher MSI is is better for for buyers . The . The February 2018 2018 MSI MSI of 0.0 of 0.010 months was was at at a mid a mid level level compared with with February of 2017 of 2017 and and 2016 . . 0
30
50 40
43
30 20 10
38 0 43 41
1 38 38 2 1 1 1
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
42 41 42
42 42
42 42
38
1 42 35
0 42
27 27
0 35
30 2 0
27 28 27
1 2 5 1
6 0
25 30
22 28
23 25 28
22 31
23 28
28 29
28 31 28
24 29
27 28
28 29
24 31 36
44
39 36
39
38 35 34 32 30 35 34 34
0 0.0
M 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 15
16 16
17 17
18 18
0 2 1 0 0 0 27
0 29
3 31
3 5 44
1
39 3
39
38 2 2 2 1
50.0 40.0 30.0
32
20.0
10.0
0 1 2 1 1 1 1 0 0 2 0 1 2 5 1 6 0 0 2 1 0 0 0 0 3 3 5 1 3 2 2 2 1 0 3 0
30 0
34 3 0
50.0 40.0
30.0 20.0 10.0 0.0
40 | 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 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 .