Market Action Report
April 2017
ANNE ARUNDEL
County: Anne Arundel
Agent Name
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Title
Phone
Website
Other
Days On Market for Sold Properties
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 DOM tends 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 April was 103, down 5.5% from
109 days last month and down 7.2% from 111 days in April of last
year. The April 2017 DOM was at its lowest level compared with
April of 2016 and 2015.
3 Mo Avg
300
250
200
152
150
111
103
100
50
0
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
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The April 2017 Selling Price per Square Foot of $345 was down
10.5% from $385 last month and up 2.1% from 338 in April of
last year.
3 Mo Avg
600
550
500
450
400
356
345
338
350
300
250
200
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings 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 April 2017 S