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8/6/2019 Queen Anne Market Watch 6/2011
http://slidepdf.com/reader/full/queen-anne-market-watch-62011 1/2
June 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior Year
Median List Price of all Current Listings
Average List Price of all Current Listings
June Median Sales Price
June Average Sales Price
Total Properties Currently for Sale (Inventory)
June Number of Properties Sold
June Average Days on Market (Solds)
June Month's Supply of Inventory
June Sale Price vs List Price Ratio
Property SalesJune Property sales were 42, down 31.1% from 61 in
June of 2010 and 31.3% higher than the 32 sales lastmonth. June 2011 sales were at their lowest level
compared to June of 2010 and 2009. June YTD salesof 197 are running 9.2% behind last year's year-to-
date sales of 217.
16.1 20.0
94.7% 94.3%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Number of Properties Sold
146 131
$330,468 $334,567
678
42 197
$384,900
$669,808$279,500 $249,900
MARKET ACTION REPORT
County: Queen Annes
Trending versus*: Trending versus*:
Month YTD
3 2
4 9
2 6
3 2
1 7
1 2 1
4
2 2
2 2 2
5
3 7
4 6
3 7
3 5
4 0
3 4
3 9 4
1
3 0
2 2
3 5
2 8
4 1
6 1
4 3
3 7 4
0
3 3
4 1
3 7
2 4
2 2
3 8
3 9
3 2
0
10
20
30
4050
60
70
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
3 Mo Avg
Prices
Inventory & MSIThe Total Inventory of Properties available for sale as of
June was 678, down 1.2% from 686 last month and down
14.6% from 794 in June of last year. June 2011 Inventory
was at its lowest level compared with June of 2010 and2009.
Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker Resi
he 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
Median Sales Price and Average Sales Price
The Median Sales Price in June was $279,500, down
14.0% from $325,000 in June of 2010 and up 5.3%
from $265,500 last month. The Average Sales Pricein June was $330,468, down 10.6% from $369,809
in June of 2010 and down 21.9% from $422,931 last
month. June 2011 ASP was at the lowest level
compared to June of 2010 and 2009.
Total Inventory & Month's Supply of Inventory (MSI)
A comparatively lower MSI is more beneficial for sellers
while a higher MSI is better for buyers. The June 2011
MSI of 16.1 months was at its highest level compared with
June of 2010 and 2009.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
3 2
4 9
2 6
3 2
1 7
1 2 1
4
2 2
2 2 2
5
3 7
4 6
3 7
3 5
4 0
3 4
3 9 4
1
3 0
2 2
3 5
2 8
4 1
6 1
4 3
3 7 4
0
3 3
4 1
3 7
2 4
2 2
3 8
3 9
3 2
0
10
20
30
4050
60
70
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
200
300
400
500
600
700
800
900
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
Median means Middle (the same # of properties sold above and below the Median)
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
6 6
8
6 5 1
6 6
0
6 4 1
6 2 1
5 9 1
6 0 8
6 0 9
6 2 9 6 7
2
6
9 1
7
0 4
6
9 9
6
9 2
6 8 3
6 5
8
6 3 0
5 9 7
6 0 7
6 2 8 6
8 2
7 2 5 7
7 5
7 9 4
7 6 4
7 4 6
7 2 8
6 8 3
6 2 4
5 8 8
5 5 3
5 8 9
6 1 1
6 4 5 6
8 6
6 7 8
0
2
3
4
5
6
0
100
200
300
400
500600
700
800
900
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
(000's)
3 Mo Avg
3 Mo Avg
8/6/2019 Queen Anne Market Watch 6/2011
http://slidepdf.com/reader/full/queen-anne-market-watch-62011 2/2
June 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Market Time
Selling Price vs Original Listing Price
Selling Price versus Listing Price Ratio
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 June 2011 Selling Price vs Original List Price of
94.7% was up from 94.6% last month and down from
96.0% in June of last year.
MARKET ACTION REPORT
County: Queen Annes
Days On Market for Sold Properties
The average Days On Market (DOM) shows how many
days the average Property is on the market before itsells. 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 June was 146, up 2.8% from 142 days last
month and down 0.7% from 147 days in June of last
year. The June 2011 DOM was at its lowest level
compared with June of 2010 and 2009.
165147 146
50
7090
110130
150170
190210
230250
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Average Days on Market (Listing to Contract) for properties sold during the month
94.2%
96.0%
94.7%
87%
89%
91%
93%
95%
97%
99%
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
Inventory / New Listings / Sales
Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
he 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.
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
June 2011 was 108, down 21.2% from 137 last month
and down 15.6% from 128 in June of last year.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
165147 146
50
7090
110130
150170
190210
230250
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Average Days on Market (Listing to Contract) for properties sold during the month
94.2%
96.0%
94.7%
85%
87%
89%
91%
93%
95%
97%
99%
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Avg Selling Price divided by Avg Listing Price for sold properties during the month
6 6 8
6 5 1
6 6 0
6 4 1
6 2 1
5 9 1
6 0 8
6 0 9
6 2 9
6 7 2
6 9 1
7 0 4
6 9 9
6 9 2
6 8 3
6 5 8
6 3 0
5 9 7
6 0 7
6 2 8 6
8 2
7 2 5 7
7 5
7 9 4
7 6 4
7 4 6
7 2 8
6 8 3
6 2 4
5 8 8
5 5 3
5 8 9
6 1 1
6 4 5
6 8 6
0
100
200
300
400
500
600
700
800900
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
Inventory New Listings Sales
3 Mo Avg
3 Mo Avg
