North Salem - April 2011 Real Estate Report
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MARKET ACTION REPORT April 2011 City: North Salem Price Range: ALL | Properties: Single Family Home Based on information from Empire Access Multiple Listing Service, Inc. for the period 5/1/2008 through 4/30/2011. 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 $784,000 Average List Price of all Current Listings $1,715,975 April Median Sales Price $450,000 $655,000 April Average Sales Price $519,667 $1,601,625 Total Properties Currently for Sale (Inventory) 66 April Number of Properties Sold 3 12 April Average Days on Market (Solds) 189 228 Asking Price per Square Foot (based on New Listings) $422 $346 April Sold Price per Square Foot $179 $276 April Month's Supply of Inventory 22.0 22.1 April Sale Price vs List Price Ratio 95.1% 87.8% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date Property Sales April Property sales were 3, up 200.0% from 1 in April of 2010 and 50.0% higher than the 2 sales last month. April 2011 sales were at their highest level compared to April of 2010 and 2009. April YTD sales of 12 are running 33.3% ahe ad of last year's year- to-date sales of 9. Prices The Median Sales Price in April was $450,000, up 25.0% from $36 0,000 in April of 2010 and down -81.0% from $2,366,500 last month. The Average Sales Price in April was $519,667, up 44.4% from $360,000 in Apri l of 2010 and down -78.0% from $2,366,500 last month. April 2011 ASP was at highest level compared to April of 2010 and 2009. Town of North Salem Nelson Salazar - Realtor (914) 234-3292 [email protected] http://www.facebook.com/Nelson.Salazar.Realtor
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Transcript of North Salem - April 2011 Real Estate Report
8/7/2019 North Salem - April 2011 Real Estate Report
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MARKET ACTION REPORT
April 2011
City: North Salem
Price Range: ALL | Properties: Single Family Home
Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $784,000
Average List Price of all Current Listings $1,715,975
April Median Sales Price $450,000 $655,000
April Average Sales Price $519,667 $1,601,625
Total Properties Currently for Sale (Inventory) 66
April Number of Properties Sold 3 12
April Average Days on Market (Solds) 189 228
Asking Price per Square Foot (based on New Listings) $422 $346
April Sold Price per Square Foot $179 $276
April Month's Supply of Inventory 22.0 22.1
April Sale Price vs List Price Ratio 95.1% 87.8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales April Property sales were 3, up 200.0% from 1 in April of 2010 and 50.0% higher than the 2 sales last month. April 2011 sales were at theirhighest level compared to April of 2010 and 2009. April YTD sales of 12 are running 33.3% ahead of last year's year-to-date sales of 9.
Prices
Town of North Salem
Nelson Salazar - Realtor
(914) 234-3292
http://www.facebook.com/Nelson.Salazar.Realtor
8/7/2019 North Salem - April 2011 Real Estate Report
http://slidepdf.com/reader/full/north-salem-april-2011-real-estate-report 2/4
Prices
MARKET ACTION REPORT
April 2011
City: North Salem
Price Range: ALL | Properties: Single Family Home
Inventory & MSI The Total Inventory of Properties available for sale as of April was 66, up 3.1% from 64 last month and down -17.5% from 80 in April of lastyear. April 2011 Inventory was at a mid range compared to April of 2010 and 2009. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2011 MSI of 22.0 months was atits lowest level compared with April 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 for Aprilwas 189, down -28.1% from 263 days last month and up 75.0% from 108 days in April of last year. The April 2011 DOM was at its highestlevel compared with April of 2010 and 2009.
Town of North Salem
Nelson Salazar - Realtor
(914) 234-3292
http://www.facebook.com/Nelson.Salazar.Realtor
8/7/2019 North Salem - April 2011 Real Estate Report
http://slidepdf.com/reader/full/north-salem-april-2011-real-estate-report 3/4
MARKET ACTION REPORT
April 2011
City: North Salem
Price Range: ALL | Properties: Single Family Home
Selling Price vs Original Listing Price 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 April2011 Selling Price vs Original List Price of 95.1% was up from 89.0% last month and down from 96.0% in April of last year.
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 April 2011 was 16, up 33.3%from 12 last month and down -5.9% from 17 in April of last year.
Town of North Salem
Nelson Salazar - Realtor
(914) 234-3292
http://www.facebook.com/Nelson.Salazar.Realtor
8/7/2019 North Salem - April 2011 Real Estate Report
http://slidepdf.com/reader/full/north-salem-april-2011-real-estate-report 4/4
MARKET ACTION REPORT
April 2011
City: North Salem
Price Range: ALL | Properties: Single Family Home
Based on information from Empire Access Multiple Listing Service, Inc. for the period 5/1/2008 through 4/30/2011. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not becompletely 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.
M 08 J J A S O 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
Homes Sold 2 7 4 7 4 3 2 2 2 0 3 2 3 3 3 1 3 4 3 4 3 0 5 1 4 7 3 2 2 2 2 3 3 4 2 33 Mo. Roll Avg 4 6 5 5 3 2 2 1 2 2 3 3 3 2 2 3 3 4 3 2 3 2 3 4 5 4 2 2 2 2 3 3 3 3
(000's)
M 08 J J A S O 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 AMedianSalePrice 5,442 605 584 572 541 439 680 510 617 0 480 287 500 470 580 571 480 660 682 463 460 0 653 360 438 468 230 1,453 1,650 287 445 1,500 635 2,079 2,367 4503 Mo. Roll Avg 2,210 587 565 517 553 543 602 376 366 256 422 419 517 540 544 570 607 602 535 308 371 338 484 422 378 717 1,111 1,130 794 744 860 1,405 1,694 1,632
M 08 J J A S O 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
Inventory 75 81 75 70 63 60 51 45 47 53 58 64 63 66 68 65 68 61 53 46 48 60 70 80 89 89 83 80 80 73 69 57 58 61 64 66
MSI 38 12 19 10 16 20 26 23 24 0 19 32 21 22 23 65 23 15 18 12 16 0 14 80 22 13 28 40 40 37 35 19 19 15 32 22
M 08 J J A S O 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 ADays On Market 186 138 157 140 158 282 124 116 105 0 236 83 235 87 140 182 159 329 127 130 312 0 186 108 142 98 121 55 292 138 168 415 148 300 263 1893 Mo. Roll Avg 160 145 152 193 188 174 115 74 114 106 185 135 154 136 160 223 205 195 190 147 166 98 145 116 120 91 156 162 199 240 244 288 237 251
M 08 J J A S O 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
Price per Sq Ft 831 309 257 266 290 298 315 292 241 0 217 215 199 230 227 204 227 227 237 265 223 0 266 256 240 228 182 391 617 178 234 543 244 393 237 1793 Mo. Roll Avg 466 277 271 285 301 302 283 178 153 144 210 215 219 220 219 219 230 243 242 163 163 174 254 241 217 267 397 395 343 318 340 393 291 270
M 08 J J A S O 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
Sale to List Price 0.859 0.938 0.941 0.957 0.951 0.958 0.948 0.963 0.927 0.000 0.959 0.980 0.960 0.875 0.913 0.968 1.033 0.922 0.982 0.898 0.971 0.000 0.945 0.960 0.951 0.960 0.872 0.935 0.956 0.916 0.881 0.851 0.978 0.910 0.890 0.951
3 Mo. Roll Avg 0.913 0.945 0.950 0.955 0.952 0.956 0.946 0.630 0.629 0.646 0.966 0.938 0.916 0.919 0.971 0.974 0.979 0.934 0.950 0.623 0.639 0.635 0.952 0.957 0.928 0.922 0.921 0.936 0.918 0.883 0.903 0.913 0.926 0.917
M 08 J J A S O 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
New Listings 10 12 14 4 8 11 4 4 8 9 12 15 5 9 12 5 11 8 3 3 12 19 16 17 22 12 11 7 10 9 8 4 12 12 12 16Inventory 75 81 75 70 63 60 51 45 47 53 58 64 63 66 68 65 68 61 53 46 48 60 70 80 89 89 83 80 80 73 69 57 58 61 64 66
Sales 2 7 4 7 4 3 2 2 2 0 3 2 3 3 3 1 3 4 3 4 3 0 5 1 4 7 3 2 2 2 2 3 3 4 2 3
(000's)
M 08 J J A S O 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 AAvg Sale Price 5,442 861 956 593 825 1,046 680 510 617 0 502 287 451 495 662 571 398 900 667 474 583 0 833 360 523 439 393 1,453 1,650 287 445 1,875 592 2,788 2,367 5203 Mo. Roll Avg 2,419 803 791 821 850 745 602 376 373 263 413 411 536 576 543 623 655 681 575 352 472 398 572 441 452 762 1,165 1,130 794 869 971 1,752 1,915 1,891
Town of North Salem
Nelson Salazar - Realtor
(914) 234-3292
http://www.facebook.com/Nelson.Salazar.Realtor
