MA ARCHIVED February 2016 | Page 50

Clarke MARKET ACTION REPORT MARKET ACTION REPORT County: Clarke County: Clarke February 2016 February 2016 Agent Name Title Agent Phone Name Title Website Phone Other Website Trending versus*: Other Community Information Price Range: $1,000,000 and Up | Properties: SFH - Condo Price Range: $1,000,000 and Up | Properties: SFH - Condo Market Profile & Trends Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $2,900,000 0% Median List Price of all Current Listings 17% LM L3M PYM LY Market Profile Overview Month -1% YTD Prior YTD Prior Year $4,260,533 Average List Price of& allTrends Current Listings 44% $2,900,000 Median List Price of all Current Listings 0% 17% $0 $1,750,000 February Median Sales Price -100% -100% -100% 28% 17% $4,260,533 Average List Price of all Current -1% -100% 44% -100% $1,750,000 $0 -100% February Average Sales Price Listings -30% $0 February Median Currently Sales Price 28% 17% 15 -100% Total Properties for Sale (Inventory) 0% -100% 7% -100% $1,750,000 $0 $1,750,000 February Average Sales Price -100% -100% -100% -30% 0 -100% 1 February Number of Properties Sold 150 -100% Total Properties Currently Sale (Inventory) 0% -100% 7% -100% 3 February Average Days onfor Market (Solds) -98% 0 -100% February Number of Properties Sold on New Listings) $206 $3031 Asking Price per Square Foot (based -48% -74% -78% - 67% 0 -100% -100% February Days Market (Solds) -100% -98% $0 $03 FebruaryAverage Sold Price peron Square Foot -100% -100% -100% $206 $303 Asking Price per Square Foot (based on New Listings) -48% -100% -74% -78% -67% 0.0 -100% 15.0 February Month's Supply of Inventory -100% 13% $0 #### -100% $0 February Square -100% -100% 0.0% 97.5% FebruarySold SalePrice Priceper vs List PriceFoot Ratio #### #### 6.9% * LM=Last Month / L3M=Last 3 Months of / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |0.0 Arrows-100% indicate if -100% Month / YTD values are-100% higher (up), lower (down) or15.0 unchanged (flat) February Month's Supply Inventory 13% of Properties 0.0% #### #### Number 97.5% Sold February Sale Price vs List Price Ratio #### 6.9%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 3YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) Property Sales 2 2 1 2 1 1 0 1 0 Prices The Median Sales Price in February was $0, up from $0 in February of 2015 and down 100.0% Prices from $1,750,000 last month. The Average Sales The Median Sales Price in February was $0, up Price in February was $0, up from $0 in February from $0 in February of 2015 and down 100.0% of 2015 and down 100.0% from $1,750,000 last from $1,750,000 last month. The Average Sales month. February 2016 ASP was at the highest level Price in February was $0, up from $0 in February compared to February of 2015 and 2014. of 2015 and down 100.0% from $1,750,000 last month. February 2016 ASP was at the highest level compared to February of 2015 and 2014. Inventory & MSI 3 Mo Avg 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 2 2 1 1 0 2014. February YTD sales of 1 are running ahead of last year's year-to-date sales of 0. Number of Properties Sold 2 3 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 13 14 15 16 1 0 0 0 0 1 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 2 2 1 1 0 February Property sales were 0, up from 0 in February ofSales 2015 and 100.0% lower than the 1 sales Property last month. February were at their February Property sales2016 weresales 0, up from 0 in highest level compared to February of 2015 February of 2015 and 100.0% lower than theand 1 sales 2014. February YTD sales 1 are running ahead of last month. February 2016 of sales were at their last year's year-to-date sales of 0. of 2015 and highest level compared to February M A M J J Median A S O N D J F M A M Jand J AAverage S O N D Sales J F M A M J J A S O N D J F Sales Price Price 14 15 16 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) 13 (000's) 9,000 Median Sales Price and Average Sales Price (000's) 8,000 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) 7,000 9,000 6,000 8,000 5,000 7,000 4,000 6,000 3,000 5,000 2,000 4,000 1,000 3,000 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 14 15 16 2,000 13 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 Total Inventory & Month's Supply 13 14 15 of Inventory (MSI) 16 MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 14 14 15 14 15 15 14 14 15 14 15 15 16 16 16 16 19 18 18 19 18 18 16 15 15 16 17 17 14 14 14 14 16 11 11 11 10 12 16 15 15 16 17 17 14 14 14 14 16 11 11 11 10 12 14 13 15 14 13 13 15 15 13 14 13 15 14 13 13 15 15 13 20 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 15, equal to 15 last month and up 7.1% 18 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace from 14 in February of last year. February 2016 16 20 The Total Inventory Properties sale as of Inventory was at itsof highest level available comparedfor with 14 February 15, equal to 15 last month and up 7.1% 18 Februarywas of 2015 and 2014. 12 from 14 in February of last year. February 2016 16 10 Inventory was at its highest level compared with 148 February of 2015 and 2014. A comparatively lower MSI is more beneficial for sellers 126 while a higher MSI is better for buyers. The February 104 2016 MSI of 0.0 months was at its highest level 82 Acompared comparatively lower MSI more beneficial with February ofis2015 and 2014. for sellers 60 while a higher MSI is better for buyers. The February 4 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 2016 MSI of 0.0 months was at its highest level 14 15 16 2 13 compared February 2015Range: and 2014. Copyright ©with Coldwell Banker of | Price $1,000,000 and Up | Property 0 Types: SFH - Condo Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association andNSussex not N reflect M A M ofJRealtors J A MLS S O D JCounty F Mof Realtors A M JMLS J and A may S O D allJrelevant F M real A estate M J activity. J A Coldwell S O NBanker D J F does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or13 seller to verify any and all information 14 relevant to such consumer’s real estate transaction. 15 16 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo Data is provided Metropolitan 50 | ccourtesy o l dofw e l l bRegional a n kInformation e r h oServices m e sIncorporated, . c o mThe Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker 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. 20 18 16 20 14 18 12 16 10 814 612 410 28 06 4 2 0