MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Wicomico
County: Wicomico
Wicomico
February 2016
February 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: All | Properties: SFH - Condo
Price Range: All | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$159,000 -1%
Median List Price of all Current Listings
-1%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$185,943
Average List
Price of&
allTrends
Current Listings
-1%
$159,000
Median
List
Price
of
all
Current
Listings
-1%
-1%
$130,000
$129,900
February Median Sales Price
0%
-4%
7% -10%
0%
-10%
$185,943
Average
List
Price of
all Current
$133,008 -1%
$131,090
February
Average
Sales
Price Listings
3% -11% -1%
2% -15%
-8%
-17%
$130,000
$129,900
February
Median Currently
Sales Price
7% -10%
0%
-10%
561 0%
Total Properties
for Sale (Inventory)
2% -4%
-6%
$133,008
$131,090
February
Average
Sales
Price
3%
-11%
2%
-15%
-8%
-17%
70 32%
123
February Number of Properties Sold
27%
2%
561
Total
Properties
Currently
Sale (Inventory)
2% 20% 40%
-6% 30%
133 48%
115
February
Average
Days onfor
Market
(Solds)
10%
13%
70 32%
123
February
Number
of Properties
Sold on New Listings)
2%
$90
$88
Asking Price
per Square
Foot (based
5%
6% 27%
-2%
-1%
-5%
-3%
133
115
February
Days
Market
(Solds)
10%
13%
$78 48%
$76
FebruaryAverage
Sold Price
peron
Square
Foot
7% 20%
-1% 40%
2% 30%
-7%
-5%
-10%
$90
$88
8.0 -23%
9.2
Asking
Price
per Square
Foot
(based on New Listings)
5%
6% -26%
-2%
-1%
-5%
-3%
February
Month's
Supply
of Inventory
-9%
7%
-7%
23%
$78 .3%
$76
96.2%
96.5%
February
Square
7%
-1%
2% -.3%
-7%
-5%
-10%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.5% -2.2%
-.1%
.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |8.0
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
9.2 (flat)-7%
February
Month's Supply of Inventory
-23%
-9% -26%
7%
23%
of Properties
96.2% .3% .5% Number
96.5% Sold
February Sale Price vs List Price Ratio
-2.2% -.3%
-.1%
.0% 3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 140
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
400
Inventory & MSI
60
76
66
71
72
68
73
54
72
58
64
71
61
83
67
65
89
86
83
79
57
98
65
55
78
80
96
122
104
111
96
107
61
71
53
70
60
20
0
The Median Sales Price in February was $130,000,
up 7.0% from $121,500 in February of 2015 and up
Prices
0.1% from $129,900 last month. The Average Sales
The Median Sales Price in February was $130,000,
Price in February was $133,008, up 1.6% from
up 7.0% from $121,500 in February of 2015 and up
$130,910 in February of 2015 and up 3.5% from
0.1% from $129,900 last month. The Average Sales
$128,556 last month. February 2016 ASP was at the
Price in February was $133,008, up 1.6% from
highest level compared to February of 2015 and
$130,910 in February of 2015 and up 3.5% from
2014.
$128,556 last month. February 2016 ASP was at the
highest level compared to February of 2015 and
2014.
3 Mo Avg
100
60
80
40
20
Prices
Number of Properties Sold
120
140
100
120
80
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
60
76
66
71
72
68
73
54
72
58
64
71
61
83
67
65
89
86
83
79
57
98
65
55
78
80
96
122
104
111
96
107
61
71
53
70
Property Sales
February Property sales were 70, up 27.3% from 55
in FebruarySales
of 2015 and 32.1% higher than the 53
Property
sales lastProperty
month. February
sales
werefrom
at a mid
February
sales were2016
70, up
27.3%
55
level
compared
to
February
of
2015
and
2014.
in February of 2015 and 32.1% higher than the 53
February
YTD sales
of 123 are
running
2.5%atahead
sales
last month.
February
2016
sales were
a mid
of last year's year-to-date sales of 120.
level compared to February of 2015 and 2014.
February YTD sales of 123 are running 2.5% ahead
of last year's year-to-date sales of 120.
M A M J JMedian
A S O N Sales
D J F Price
M A M and
J J A
S O N D Sales
J F M Price
A M J J A S O N D J F
Average
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
(000's)
13
200
190
Median Sales Price and Average Sales Price
180
(000's)
3 Mo Avg
Median means Middle (the same # of properties sold above a