Market Action Report
Howard
County: Howard
Market Action Report
County: Howard
April 2016
Agent Name
April 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,250,495
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Con Listings
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
-3%
-3%
Trending versus*:
$1,563,510 Trending
-6% versus*:6%
Month
LM -22%
L3M ####
PYM -5%
LY 144% YTD
Prior YTD 4%
Prior Year -3%
$1,110,000
$440,000
$1,250,495 -3%
-3%
$1,192,500 -13% #### -10% 146%
$470,641
5%
-3%
$1,563,510 -6%
6%
106 25%
20%
$1,110,000 -22% #### -5% 144%
$440,000
4%
-3%
6 -14%
20%
22 100%
$1,192,500 -13% #### -10% 146%
$470,641
5%
-3%
40 #### -38%
65
-3%
18%
106 25%
20% -76% -27%
$199
-10%
-2%
-6%
-6%
$203
-5%
-4%
6 -14%
20%
22 100%
$170
-13%
-4%
-11%
-4%
$176
2%
-1%
40 #### -38% -76% -27%
65
-3%
18%
17.7
45%
19%
0%
-34%
15.7
-51%
-41%
$199 -10% -2% -6% -6%
$203
-5%
-4%
0% -1%
-1%
$17092.4%
-13%####
-4% ####
-11% 2.6%
-4% -3.7% $176 95.4%
2%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median List Price of all Current Listings
April Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
April Median Sales Price
April Number of Properties Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold(based on New Listings)
AprilAverage
Sold Price
April
Daysper
on Square
Market Foot
(Solds)
April Month's
Inventory
Asking
Price perSupply
Square of
Foot
(based on New Listings)
AprilSold
SalePrice
Priceper
vsSquare
List Price
April
FootRatio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
17.7 45% 19% 0% -34%
15.7 -51%
-41%
92.4% #### #### 2.6% -3.7%
0% Sold -1%
Number of95.4%
Properties
April Month's Supply of Inventory
April Sale Price vs List Price Ratio
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
16
April Property sales were 6, up 20.0% from 5 in April of 2015
and 14.3% lower than the 7 sales last month. April 2016 sales
Property Sales
were at their highest level compared to April of 2015 and 2014.16
April Property sales were 6, up 20.0% from 5 in April of 2015
April YTD sales of 22 are running 100.0% ahead of last year's 14
and 14.3% lower than the 7 sales last month. April 2016 sales
year-to-date
sales of
11. compared to April of 2015 and 2014.
were
at their highest
level
3 Mo Avg
12
10
12
8
10
6
8
4
6
6
7
6
7
5
4
9
3
1
9
14
5
10
8
5
2
2
2
9
4
1
9
7
8
4
5
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 M A
13
14 Median Sales Price and
15 Average Sales Price 16
3 Mo Avg
The Median Sales Price in April was $1,110,000, down 5.3%
2,000
Prices
from $1,172,497 in April of 2015 and down 22.1% from
The
Median Sales
in April
was $1,110,000,
down
$1,425,000
last Price
month.
The Average
Sales Price
in5.3%
April was 2,0001,900
from $1,172,497 in April of 2015 and down 22.1% from
$1,192,500, down 9.9% from $1,322,899 in April of 2015 and 1,9001,800
$1,425,000 last month. The Average Sales Price in April was
down 13.3% from $1,375,095 last month. April 2016 ASP was 1,800
at 1,700
$1,192,500, down 9.9% from $1,322,899 in April of 2015 and
1,600
the lowest level compared to April of 2015 and 2014.
down 13.3% from $1,375,095 last month. April 2016 ASP was at 1,700
1,6001,500
the lowest level compared to April of 2015 and 2014.
1,5001,400
1,4001,300
1,3001,200
1,2001,100
1,1001,000
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 M A
14A M J J A S O N D J F M 15
M J 13
J A S O N D J F M
A M J J A S O N D J F M A16
13
14
15
16
76
72
74 76
7472
78
74
78
74
76 78
67 78
67 76
72
67
84
67
93
60
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
60
100.0
100
82
92
73
91
75
82
68
71 73
75
81
68 88
71 99
81100
94
88
95 99
96100
94
94
90
95
78
96
73
94
74
90
85
78 106
73
74
85
106
Inventory & MSI
Inventory
& MSI of Properties available for sale as of April
The Total Inventory
The
Properties
for up
sale20.5%
as of April
wasTotal
106,Inventory
up 24.7%offrom
85 lastavailable
month and
from 88 in 120
was
106,
24.7%
852016
last month
and was
up 20.5%
88 level
in 120
April
ofup
last
year.from
April
Inventory
at its from
highest
100
April
of
last
year.
April
2016
Inventory
was
at
its
highest
level
100
compared with April of 2015 and 2014.
compared with April of 2015 and 2014.
80
80
3 Mo Avg
114
84
112
93
100
114
92
112
91
1,000
Median Sales Price and Average Sales Price
72
Prices
80.0
60.0
A comparatively lower MSI is more beneficial for sellers while a40
40
40.0
20
20
20.0
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
April
2016
of 17.7
higher
is is
better
forfor
buyers.
TheThe
April
2016
MSIMSI
of 17.7
monthswas
was
a mid
level
compared
with
April
of 2015
months
atat
a mid
level
compared
with
April
of 2015
and and
2014.
2014.
5
4
9
3
1
14
9
10
5
8
5
2
2
2
9
4
1
9
7
8
4
5
5
3
2
6
3
2
4
4
1
5
3
2
1
6
3
2
4
4
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 M A
13
14
15
16
6
5
0
6
0
2
6
5
2
4
6
April YTD sales of