MA ARCHIVED August 2016 | Page 22

Market Action Report August 2016
Community Information
Market Action Report August 2016

County : Harford

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 329,995
2 %
10 %
Average List Price of all Current Listings
$ 381,609
3 %
10 %
August Median Sales Price
$ 285,000
1 %
-2%
-1%
5 %
$ 275,000
-2%
2 %
August Average Sales Price
$ 296,212
3 %
-1%
2 %
3 %
$ 290,388
-1%
0 %
Total Properties Currently for Sale ( Inventory )
932
-9%
-22%
August Number of Properties Sold
292
7 %
10 %
1,822
13 %
August Average Days on Market ( Solds )
60
9 %
2 %
-9%
-24%
66
-16%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 144
-1%
1 %
0 %
4 %
$ 142
4 %
3 %
August Sold Price per Square Foot
$ 133
-7%
-2%
1 %
4 %
$ 133
2 %
4 %
August Month ' s Supply of Inventory
3.2 -15% -7% -29% -45%
4.6
-24%
-21%
August Sale Price vs List Price Ratio
95.7 %
-. 5 % -. 3 %
. 9 %
1.7 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
350 August Property sales were 292 , up 9.8 % from 266 in August of 2015 and 7.4 % higher than the 272 sales last month . August 300 Property Sales 2016 sales were at their highest level compared to August of 350 August Property sales were 292 , up 9.8 % from 266 in August of 2015 and 2014 . August YTD sales of 1,822 are running 12.6 % 250 2015 and 7.4 % higher than the 272 sales last month . August 300 2016
ahead sales
of last were
year at their
' s year-to-date highest level
sales compared
of 1,618 to
. August of
200
2015 and 2014 . August YTD sales of 1,822 are running 12.6 % 250 ahead of last year ' s year-to-date sales of 1,618 .
150
200 150
100
100 50
Number of Properties Sold
50 0 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 J A
0 13 14 15
16 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 J A
Prices 13 14 Median Sales 15 Price and Average Sales 16Price
3 Mo Avg
The Median Sales Price in August was $ 285,000 , down 0.5 % Prices from $ 286,500 in August of 2015 and up 0.6 % from $ 283,250
Median Sales Price and Average Sales Price
3 Mo Avg The Median Sales Price in August was $ 285,000 , down 0.5 %
340 last month . The Average Sales Price in August was $ 296,212 , up from $ 286,500 in August of 2015 and up 0.6 % from $ 283,250 1.9 % from $ 290,824 in August of 2015 and up 3.0 % from 340 320 last month . The Average Sales Price in August was $ 296,212 , up $ 287,648 last month . August 2016 ASP was at a mid range 1.9 % from $ 290,824 in August of 2015 and up 3.0 % from 320 300 compared to August of 2015 and 2014 . $ 287,648 last month . August 2016 ASP was at a mid range 300 280 compared to August of 2015 and 2014 .
280 260
260 240

Harford

Agent Name
165 145 133
Title Phone Website Other

Community Information

153 78
165 145 133 153 78 83 136 125 201 199 215 184 189 183 140 168 126 113 158 185 217 263 290 266 192 230 188 193 165 139 190 184 273 307 272 292
240
220
220
200
200
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
J
A
S
O
13 N D
J
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M A16M J
J
A
13
14
15
16
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 932 , Inventory down 8.5 of % Properties from 1,019 available last month for sale and as down of August 22.5 %
1,400 was 932 , down 8.5 % from 1,019 last month and down 22.5 %
1,400 from 1,202 in August of last year . August 2016 Inventory was at
1,200 from its lowest 1,202 in level August compared of last with year . August August of 2016
2015 Inventory and 2014 was
. at
1,200 its lowest level compared with August of 2015 and 2014 .
1,000
1,000
800
800
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
8.0
14.0
12.0
10.0
8.0
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher higher MSI
MSI is is better
better for
for buyers
buyers . The
. The August
August 2016
2016 MSI
MSI of 3.2
of 3.2 months months was was at at its its lowest lowest level level compared compared with with August August of 2015 of 2015
200 and and 2014 2014 . .
0
600
6.0
400
4.0
200
2.0
0
0.0
S
O
NS
DO NJ
FD MJ
AF M JA JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DA JMF
JMJ A M J
J A
6.0
4.0
2.0
0.0
13
13
14
14
15
15
16
16
1,027 1,040 1,017 988 973 969 1,001 83 136
1,027 1,040 1,017 988 973 969 1,001 125 201
1,136 1,229 1,269 1,136 1,251
1,237
199 215
Number of Properties Sold
184 189 183
1,229 1,269 1,251 1,237 1,294 1,233
1,294 1,233
1,115 1,025 975 140 168
1,115 1,025 975
971 1,031
126 113 158 185 217 263
1,152
971 1,219
1,031 1,255
1,222 1,152 1,202 1,163 1,117
290 266 192
1,219 1,255 1,222 1,202 1,163 1,117
230
1,042 939 902 895 962 188 193
1,011
1,038 165 139
1,037 1,019 932
3 Mo Avg
190 184 273 307
1,042 939 902 895 962 1,011 1,038 1,037 1,019 932
3 Mo Avg
272 292
22 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .