Market Action Report - end of 3rd quarter 2011
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MARKET ACTION REPORT September 2011 MLS Area: Edgemont, Scarsdale Cindy Schwall Associate Broker 914.672.6424 [email protected] www.cindyschwall.com Price Range: ALL | Properties: Single Family Home, Condo, Co-Op Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Reside ntial Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not re flect all real estate activity in the market. Trending Versus*: Trending Versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear Median List Price of all Current Listings $1,222,500 3% 5% Average List Price of all Current Listings $1,516,423 1% -4% September Median Sales Price $1,199,000 3% 0% 11% 14% $1,170,000 6% 11% September Average Sales Price $1,332,634 -1% -3% 29% 8% $1,341,266 5% 9% Total Properties Currently for Sale (Inventory) 198 -10% -5% September Number of Properties Sold 27 -36% -25% 243 -7% September Average Days on Market (Solds) 113 -1% -7% 5% -23% 134 -8% -8% September Month's Supply of Inventory 7.3 40% 20% 27% -38% 11.1 -9% -6% September Sale Price vs List Price Ratio 97.4% 0.1% 1% 2% 3.2% 95.5% 1.4% 1.2% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date Property Sales September Property sales wer e 27, down -25.0% from 36 in September of 2010 and -35.7% lower than t he 42 sales last month. September 2011 sales were at a mid level compar ed to September of 2010 and 2009. September YTD sales of 243 are running -6.5% behi nd last year's year-to-date sales of 260. Prices The Median Sales Price in September was $1,199,000, up 11.0% from $1,080,000 in September of 2010 and up 3.4% from $1,160,000 last month. The Average Sales Price in September was $1 ,332,634, up 29.1% from $1,031,851 in September of 2010 and down -0.6% from $1,341,048 last month. September 2011 ASP was at highest level compared to September of 2010 and 2009.
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Transcript of Market Action Report - end of 3rd quarter 2011
8/4/2019 Market Action Report - end of 3rd quarter 2011
http://slidepdf.com/reader/full/market-action-report-end-of-3rd-quarter-2011 1/4
MARKET ACTION REPORT
September 2011
MLS Area: Edgemont, Scarsdale
Cindy Schwall Associate [email protected] www.cindyschwall.com
Price Range: ALL | Properties: Single Family Home, Condo, Co-Op
Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $1,222,500 3% 5%
Average List Price of all Current Listings $1,516,423 1% -4%
September Median Sales Price $1,199,000 3% 0% 11% 14% $1,170,000 6% 11%
September Average Sales Price $1,332,634 -1% -3% 29% 8% $1,341,266 5% 9%
Total Properties Currently for Sale (Inventory) 198 -10% -5%
September Number of Properties Sold 27 -36% -25% 243 -7%
September Average Days on Market (Solds) 113 -1% -7% 5% -23% 134 -8% -8%
September Month's Supply of Inventory 7.3 40% 20% 27% -38% 11.1 -9% -6%
September Sale Price vs List Price Ratio 97.4% 0.1% 1% 2% 3.2% 95.5% 1.4% 1.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales September Property sales were 27, down -25.0% from 36 in September of 2010 and -35.7% lower than the 42 sales last month. September2011 sales were at a mid level compared to September of 2010 and 2009. September YTD sales of 243 are running -6.5% behind last year'syear-to-date sales of 260.
Prices The Median Sales Price in September was $1,199,000, up 11.0% from $1,080,000 in September of 2010 and up 3.4% from $1,160,000 lastmonth. The Average Sales Price in September was $1,332,634, up 29.1% from $1,031,851 in September of 2010 and down -0.6% from$1 341 048 last month September 2011 ASP was at highest level compared to September of 2010 and 2009
8/4/2019 Market Action Report - end of 3rd quarter 2011
http://slidepdf.com/reader/full/market-action-report-end-of-3rd-quarter-2011 2/4
$1 341 048 last month September 2011 ASP was at highest level compared to September of 2010 and 2009
MARKET ACTION REPORT
September 2011
MLS Area: Edgemont, Scarsdale
Cindy Schwall Associate [email protected] www.cindyschwall.com
Price Range: ALL | Properties: Single Family Home, Condo, Co-Op
Inventory & MSI The Total Inventory of Properties available for sale as of September was 198, down -10.0% from 220 last month and down -4.8% from 208 inSeptember of last year. September 2011 Inventory was at the lowest level compared to September of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2011 MSI of 7.3 months wasat a mid range compared with September of 2010 and 2009.
Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends 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 forSeptember was 113, down -0.9% from 114 days last month and up 4.6% from 108 days in September of last year. The September 2011 DOMwas at a mid range compared with September of 2010 and 2009.
8/4/2019 Market Action Report - end of 3rd quarter 2011
http://slidepdf.com/reader/full/market-action-report-end-of-3rd-quarter-2011 3/4
MARKET ACTION REPORT
September 2011
MLS Area: Edgemont, Scarsdale
Cindy Schwall Associate [email protected] www.cindyschwall.com
Price Range: ALL | Properties: Single Family Home, Condo, Co-Op
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 basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in September 2011 was 44, up100.0% from 22 last month and down -15.4% from 52 in September of last year.
8/4/2019 Market Action Report - end of 3rd quarter 2011
http://slidepdf.com/reader/full/market-action-report-end-of-3rd-quarter-2011 4/4
MARKET ACTION REPORT
September 2011
MLS Area: Edgemont, Scarsdale
Cindy Schwall Associate [email protected] www.cindyschwall.com
Price Range: ALL | Properties: Single Family Home, Condo, Co-Op
Based on information from Empire Access Multiple Listing Service, Inc. for the period 10/1/2008 through 9/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may notbe completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S
Homes Sold 14 9 11 5 10 6 11 15 24 35 43 25 26 13 29 19 8 18 11 20 52 58 38 36 19 15 18 10 22 12 15 24 47 44 42 273 Mo. Roll Avg 11 8 9 7 9 11 17 25 34 34 31 21 23 20 19 15 12 16 28 43 49 44 31 23 17 14 17 15 16 17 29 38 44 38
(000's)
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A SMedianSalePrice 1,050 935 970 745 883 1,100 960 903 1,243 910 950 880 1,120 875 1,100 1,000 875 1,083 1,315 1,303 999 1,198 1,355 1,080 1,150 790 829 672 1,013 1,052 1,300 1,409 1,310 1,156 1,160 1,199
3 Mo. Roll Avg 985 883 866 909 981 988 1,035 1,019 1,034 913 983 958 1,032 992 992 986 1,091 1,233 1,206 1,166 1,184 1,211 1,195 1,007 923 764 838 912 1,121 1,254 1,340 1,292 1,209 1,172
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S
Inventory 244 217 194 213 239 281 311 321 319 294 279 262 236 212 184 180 204 241 286 294 269 259 212 208 209 181 163 160 192 241 283 291 277 252 220 198
MSI 17 24 18 43 24 47 28 21 13 8 6 10 9 16 6 9 26 13 26 15 5 4 6 6 11 12 9 16 9 20 19 12 6 6 5 7
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A SDays On Market 158 103 178 152 123 124 151 121 149 169 123 133 220 181 183 236 201 255 127 165 125 133 113 108 157 156 122 167 171 123 195 139 131 121 114 1133 Mo. Roll Avg 146 144 151 133 133 132 140 146 147 142 159 178 195 200 207 231 194 182 139 141 124 118 126 140 145 148 153 154 163 152 155 130 122 116
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S
Price per Sq Ft 393 461 390 353 382 390 398 351 426 395 366 382 401 373 358 380 347 380 395 379 368 414 451 390 400 327 408 308 396 397 410 394 422 415 411 4473 Mo. Roll Avg 415 401 375 375 390 380 392 391 396 381 383 385 377 370 362 369 374 385 381 387 411 418 414 372 378 348 371 367 401 400 409 410 416 424
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S
Sale to List Price 0.967 0.945 0.934 0.929 0.921 0.929 0.970 0.928 0.920 0.943 0.944 0.947 0.937 0.893 0.923 0.919 0.946 0.926 0.935 0.953 0.963 0.957 0.960 0.958 0.933 0.963 0.967 0.971 0.962 0.957 0.941 0.944 0.962 0.966 0.973 0.974
3 Mo. Roll Avg 0.949 0.936 0.928 0.926 0.940 0.942 0.939 0.930 0.936 0.945 0.943 0.926 0.918 0.912 0.929 0.930 0.936 0.938 0.950 0.958 0.960 0.958 0.950 0.951 0.954 0.967 0.967 0.963 0.953 0.947 0.949 0.957 0.967 0.971
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A S
New Listings 50 21 20 53 53 71 62 54 65 54 32 39 29 24 5 42 46 80 99 60 55 44 17 52 42 21 13 30 51 93 98 66 43 35 22 44Inventory 244 217 194 213 239 281 311 321 319 294 279 262 236 212 184 180 204 241 286 294 269 259 212 208 209 181 163 160 192 241 283 291 277 252 220 198
Sales 14 9 11 5 10 6 11 15 24 35 43 25 26 13 29 19 8 18 11 20 52 58 38 36 19 15 18 10 22 12 15 24 47 44 42 27
(000's)
O 08 N D J 09 F M A M J J A S O N D J 10 F M A M J J A S O N D J 11 F M A M J J A SAvg Sale Price 1,056 1,242 1,149 722 1,135 1,085 861 976 1,764 1,176 1,100 996 1,509 1,412 1,132 1,310 957 1,347 1,417 1,276 1,083 1,411 1,554 1,032 1,441 686 1,178 568 1,127 1,296 1,449 1,647 1,459 1,313 1,341 1,333
3 Mo. Roll Avg 1,149 1,038 1,002 981 1,027 974 1,200 1,305 1,347 1,091 1,202 1,306 1,351 1,285 1,133 1,205 1,241 1,347 1,259 1,257 1,349 1,332 1,342 1,053 1,102 811 958 997 1,291 1,464 1,518 1,473 1,371 1,329
