7/30/2019 Briarcliff Manor 4th Quarter Market Report 2012

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MARKET ACTION REPORT 

December 2012

 Zip Code: 10510Suzanne Welch

 Associate Broker-Sales Specialist914-557-3760suzanne4homes@gmail.comsuzannewelch.com

Price Range: | 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 $672,000

 Average List Price of all Current Listings $1,037,031

December Median Sales Price $514,500 $630,000

December Average Sales Price $578,500 $698,499

Total Properties Currently for Sale (Inventory) 56

December Number of Properties Sold 6 95

December Average Days on Market (Solds) 195 170

 Asking Price per Square Foot (based on New Listings) $220 $265

December Sold Price per Square Foot $227 $241

December Month's Supply of Inventory 9.3 14.9

December Sale Price vs List Price Ratio 92.0% 94.5%

 

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales December Property sales were 6, down -50.0% from 12 in December of 2011 and -25.0% lower than the 8 sales last month. December 2012sales were at their lowest level compared to December of 2011 and 2010. December YTD sales of 95 are running -11.2% behind last year'syear-to-date sales of 107.

7/30/2019 Briarcliff Manor 4th Quarter Market Report 2012

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MARKET ACTION REPORT 

December 2012

 Zip Code: 10510Suzanne Welch

 Associate Broker-Sales Specialist914-557-3760suzanne4homes@gmail.comsuzannewelch.com

Price Range: | Properties: Single Family Home, Condo, Co-Op

Inventory & MSI The Total Inventory of Properties available for sale as of December was 56, down -23.3% from 73 last month and down -25.3% from 75 inDecember of last year. December 2012 Inventory was at the lowest level compared to December of 2011 and 2010. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2012 MSI of 9.3 months wasat a mid range compared with December of 2011 and 2010.

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 forDecember was 195, up 12.7% from 173 days last month and up 44.4% from 135 days in December of last year. The December 2012 DOMwas at a mid range compared with December of 2011 and 2010.

7/30/2019 Briarcliff Manor 4th Quarter Market Report 2012

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MARKET ACTION REPORT 

December 2012

 Zip Code: 10510Suzanne Welch

 Associate Broker-Sales Specialist914-557-3760suzanne4homes@gmail.comsuzannewelch.com

Price Range: | Properties: Single Family Home, Condo, Co-Op

Selling Price vs Listing Price The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratiois below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The December 2012 SellingPrice vs List Price of 92.0% was down from 96.2% last month and down from 94.8% in December 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 December 2012 was 5, down -28.6% from 7 last month and equal to 5 in December of last year.

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MARKET ACTION REPORT 

December 2012

 Zip Code: 10510Suzanne Welch

 Associate Broker-Sales Specialist914-557-3760suzanne4homes@gmail.comsuzannewelch.com

Price Range: | Properties: Single Family Home, Condo, Co-Op

 Based on information from Empire Access Multiple Listing Service, Inc. for the period 1/1/2010 through 12/31/2012. 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.

 

J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Homes Sold 5 7 11 4 11 15 7 14 10 12 5 9 5 9 6 7 10 11 7 18 11 4 7 12 5 4 9 4 4 8 10 20 8 9 8 63 Mo. Roll Avg 8 7 9 10 11 12 10 12 9 9 6 8 7 7 8 9 9 12 12 11 7 8 8 7 6 6 6 5 7 13 13 12 8 8

 (000's) J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

MedianSalePrice 401 506 510 864 436 610 985 584 716 586 618 555 610 655 538 494 488 500 601 654 569 551 750 417 460 470 480 260 554 541 783 752 644 853 665 5153 Mo. Roll Avg 472 626 603 637 677 726 761 628 640 586 594 607 601 562 506 494 530 585 608 591 623 573 542 449 470 403 431 452 626 692 726 750 721 677

 J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Inventory 88 86 1 02 1 24 1 22 1 23 1 22 1 17 1 13 1 16 1 05 91 83 86 91 1 05 1 12 1 11 1 04 94 1 00 96 92 75 86 90 1 00 1 08 1 15 1 17 1 27 1 02 94 83 73 56MSI 18 12 9 31 11 8 17 8 11 10 21 10 17 10 15 15 11 10 15 5 9 24 13 6 17 23 11 27 29 15 13 5 12 9 9 9

 J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Days On Market 161 130 201 141 126 93 154 156 141 119 110 201 89 223 195 193 146 218 110 171 118 144 135 135 112 190 102 251 173 122 144 214 176 176 173 1953 Mo. Roll Avg 164 157 156 120 124 134 150 139 123 143 133 171 169 204 178 186 158 166 133 144 132 138 127 146 135 181 175 182 146 160 178 189 175 181

 J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Price per Sq Ft 228 258 241 269 222 255 296 235 257 287 208 242 257 282 285 232 235 221 243 244 221 223 255 267 233 220 229 258 209 262 242 252 238 254 229 2273 Mo. Roll Avg 242 256 244 249 258 262 263 260 251 246 236 260 275 266 251 229 233 236 236 229 233 248 252 240 227 236 232 243 238 252 244 248 240 237

 J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Sale to List Price 0.955 0.974 0.930 0.950 0.956 0.962 0.938 0.966 0.951 0.957 0.966 0.929 0.945 0.965 0.972 0.955 0.945 0.945 0.939 0.942 0.969 0.960 0.945 0.948 0.951 0.924 0.969 0.938 0.965 0.963 0.929 0.951 0.957 0.972 0.962 0.920

3 Mo. Roll Avg   0.953 0.951 0.945 0.956 0.952 0.955 0.952 0.958 0.958 0.951 0.947 0.946 0.961 0.964 0.957 0.948 0.943 0.942 0.950 0.957 0.958 0.951 0.948 0.941 0.948 0.944 0.957 0.955 0.952 0.948 0.946 0.960 0.964 0.951

 J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

New Listings 21 17 26 39 21 23 20 15 17 20 9 8 12 16 25 26 18 17 17 15 16 13 14 5 26 11 22 24 22 19 19 7 15 14 7 5Inventory 88 86 1 02 1 24 1 22 1 23 1 22 1 17 1 13 1 16 1 05 91 83 86 91 1 05 1 12 1 11 1 04 94 1 00 96 92 75 86 90 1 00 1 08 1 15 1 17 1 27 1 02 94 83 73 56Sales 5 7 11 4 11 15 7 14 10 12 5 9 5 9 6 7 10 11 7 18 11 4 7 12 5 4 9 4 4 8 10 20 8 9 8 6

 (000's) J 10 F M A M J J A S O N D J 11 F M A M J J A S O N D J 12 F M A M J J A S O N D

Avg Sale Price 539 587 553 1,037 458 618 1,011 710 682 755 550 662 617 697 564 607 521 571 584 790 549 572 828 962 505 642 504 378 583 629 809 896 689 762 750 5793 Mo. Roll Avg 560 726 683 704 696 780 801 716 662 656 610 659 626 623 564 566 558 648 641 637 649 787 765 703 550 508 488 530 674 778 798 782 734 697