MA ARCHIVED April 2017 | Page 14

Market Action Report
April 2017
County: Howard
HOWARD
Market Action Report
Agent Name
April 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Howard
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
$1,195,000 0%
-4%
Trending versus*:
$1,317,819 Trending
1% versus*:
-15%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,080,000
-8%
$1,195,000
0% -6% -4%
-4% -3% -9% $1,124,990
$1,215,786
1% 1% -8% $1,206,399
-4%
$1,317,819
1% 7% -15%
$1,080,000 119
-6% 14%
-4% -3% 17%
-9% $1,124,990
-8%
-5%
7 75%
19 -27% -9%
$1,215,786 7%
1% 1% 0%
-8% $1,206,399
-4%
105 169%
119 150
14% 305% 43%
17% 341% 150%
7 $226
75% 0% 5%
0% 16% 14%
19 $215
-27% 6%
150 $176
305% -36%
43% -14%
341% -17%
150% -15%
105 $205
169% -5% 75%
$226 17.0
0% -35%
5% -12%
16% 17%
14% 25% $215 18.2
6% 42% 9%
$176 92.8%
-36% -10.0%
-14% -1.8%
-17% -1.0%
-15% -6.2% $205 94.5%
-5% -5% -1%
Average List Price of all Current Listings
Market Profile & Trends Overview
April Median
Sales
Price
Median
List Price
of all
Current Listings
April Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
April
Sales Currently
Price
April Average
Number
of Properties
Sold
April
Sales
Price
April Properties
Average Days
on Market
Total
Currently
for Sale (Solds)
(Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold (based on New Listings)
April
Days per
on Square
Market Foot
(Solds)
April Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
April Month's
Inventory
April
Foot Ratio
April Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 17.0 -35% -12% 17%
April
Month's
Supply
of Inventory
92.8%
April Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
42%
34%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
9
0
2 2
4 4
6 6
8
10
8
Prices
18.2
75%
9%
-1%
34%
-4%
12
10
14
15
The Median Sales Price in April was $1,080,000, down 2.7%
Prices
2,000
from
$1,110,000
in April
of 2016
and down 5.7%
from
The
Median
Sales Price
in April
was $1,080,000,
down
2.7%
$1,144,990
last in
month.
Average
Sales
Price
in April was 2,000 1,900
from
$1,110,000
April of The
2016
and down
5.7%
from
$1,215,786,
up month.
1.3% from
$1,199,881
in Price
April in
of April
2016 was
and up 1,900 1,800
$1,144,990
last
The Average
Sales
7.0% from up
$1,136,521
month. in
April
2017
ASP and
was up
at a mid 1,800 1,700
$1,215,786,
1.3% from last
$1,199,881
April
of 2016
1,700 1,600
range
compared
to April
of 2016 April
and 2017
2015. ASP was at a mid
7.0%
from
$1,136,521
last month.
1,600 1,500
range compared to April of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
16 Average Sales Price
Median Sales Price and
Median Sales Price and Average Sales Price
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
14
15
16
17
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
0
25%
-5%
-9%
-1.8% -1.0% -6.2%
-5% Sold -4%
Number of 94.5%
Properties
14
12
-10.0%
16
April Property sales were 7, equal to 7 in April of 2016 and
75.0% higher
than the 4 sales last month. April 2017 sales were
Property
Sales
16
at their
highest
level
compared
to 7 April
of 2016
and and
2015. April
April
Property
sales
were
7, equal to
in April
of 2016
YTD
sales
of
19
are
running
26.9%
behind
last
year's
year-to-
75.0% higher than the 4 sales last month. April 2017 sales were 14
of 26.
at date
their sales
highest
level compared to April of 2016 and 2015. April
Property Sales
YTD sales of 19 are running 26.9% behind last year's year-to-
date sales of 26.
Trending versus*:
Prior YTD Prior Year
YTD
17
3 Mo Avg
3 Mo Avg
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
M J 14
J A S O N D J F M
A M J J A S O N D J F M A 17
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
80.0
80.0
80 60.0 60.0
60 40.0 40.0
20.0 20.0
40
20
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
April
2017
of 17.0
higher
is is
better
for for
buyers.
The The
April
2017
MSI MSI
of 17.0
20
months
at at
a mid
level
compared
with
April
of 2016
and and
months was
was
a mid
level
compared
with
April
of 2016
0
2015.
2015.
100.0
100.0
80
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of April
The Total Inventory of Properties available for sale as of April
was 119, up 14.4% from 104 last month and up 16.7% from 102 140 140
was 119, up 14.4% from 104 last month and up 16.7% from 102
April of of
last
year.
April
2017
Inventory
at highest
its highest
in in April
last
year.
April
2017
Inventory
was was
at its
level level
120 120
compared
with
April
2016
2015.
compared
with
April
of of
2016
and and
2015.
100 100
0.0
0
M J M
J A J S J O
J J A A M S J O J N A D S J O F N M D A J F M A
A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M
D A J M
F M
14 14
15
16
17
15
16
17
0.0
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
14
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does not warrant or guarantee the 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.
does not warrant or guarantee the 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.