MA ARCHIVED August 2017 | Page 22

Market Action Report
Harford
County: Harford
Market Action Report
County: Harford
August 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
August 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$359,900
3%
14%
Other
$400,116 Trending
-1% versus*:
10%
Month
LM 13%
L3M 9%
PYM 15%
LY
$328,285
$359,900
3% 7% 5%
14% 11%
$328,167
$400,116 763
-1% -8% 10% -23%
$328,285 264
13% 6%
9% 15% -11%
19%
$328,167 7%
5%
11%
12%
58 21% 16% -3%
763 -8%
-23%
$147 -3% 0% 5%
264 6%
-11%
$142 5% 3% 7%
58 21% 16% -3% -15%
2.9 -13% -4% -13%
$147 -3% 0% 5% 4%
96.7% -.2% -.7% 1.0%
Average List Price of all Current Listings
Market
Trends
August Profile
Median &
Sales
Price Overview
Median
Price of
all Current
August List
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
August
Sales
Price
August Median
Number
of Properties
Sold
August Average Sales Price
August Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
August Number of Properties Sold
August Sold Price per Square Foot
August Average Days on Market (Solds)
August Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
August Sale Price vs List Price Ratio
August Sold Price per Square Foot
August 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
Property
Sales
Trending versus*:
Prior YTD 5%
Prior Year 5%
19% YTD
$289,000
12%
$302,823
4%
3%
$289,000 1,849
5%
$302,823
4%
-15%
58
1% 5%
-12% 3%
4%
$144
2%
1,849
1%
7%
$135
2%
58 -12%
-15%
-35%
3.6 -22%
$144
2%
2%
1.6%
96.6%
1%
-15%
2%
2%
-19%
2%
$142 5% 3% 7% 7%
$135
2%
2%
2.9 -13% -4% -13% -35%
3.6 -22%
-19%
Number of 96.6%
Properties
96.7% -.2% -.7% 1.0% 1.6%
1% Sold 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
August Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
350
August Property sales were 264, down 10.8% from 296 in
August of 2016 and 6.0% higher than the 249 sales last month.
300
Property
Sales
August 2017
sales were at their lowest level compared to August
350
August
Property
sales August
were 264,
from
296
in
250
of 2016
and 2015.
YTD down
sales 10.8%
of 1,849
are
running
1.0%
August
and 6.0%
higher than
the of
249
sales last month.
300
ahead of
of 2016
last year's
year-to-date
sales
1,830.
200
August 2017 sales were at their lowest level compared to August
Prices
14
The Median Sales Price in August was $328,285, up 15.2% from
Prices
$285,000 in August of 2016 and up 13.2% from $290,000 last
340
The
Median
Sales
Price Sales
in August
$328,285,
15.2% from
month.
The
Average
Price was
in August
was up $328,167,
up
320
$285,000
in
August
of
2016
and
up
13.2%
from
$290,000
last
11.0% from $295,655 in August of 2016 and up 6.9% from
340
month.
The last
Average
Sales August
Price in
August
up level 300
$306,868
month.
2017
ASP was
was $328,167,
at the highest
320
11.0%
from $295,655
of 2016
and up 6.9% from
compared
to August in of August
2016 and
2015.
$306,868 last month. August 2017 ASP was at the highest level 300 280
15
193
16
274
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
14
15
16
17
S O N D J F M A M Median
J J A S O Sales
N D J Price
F M A and
M J Average
J A S O Sales
N D J Price
F M A M J J A
0
compared to August of 2016 and 2015.
0
50
50
100
100
150
3 Mo Avg
150
200
250
of 2016 and 2015. August YTD sales of 1,849 are running 1.0%
ahead of last year's year-to-date sales of 1,830.
Number of Properties Sold
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
280 260
260 240
240 220
220 200
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
200
S O 14
N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A
14
15
16
17
1,000
800
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers
while
a
MSI is better
for buyers.
August
MSI
of 2.9
400
higher
MSI
is better
for buyers.
August with
2017 August
MSI of 2.9
months
was
at its lowest
level The
compared
of 2016 200 200
months
was at its lowest level compared with August of 2016
0
and 2015.
and 2015.
0
10.0
lowest level compared with August of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
8.0
6.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of August
1,400
was Total
763, Inventory
down 8.1%
830 last
month
The
o f from
Properties
available
for and
sale down
as of 22.6%
August from
986 763,
in August
of last
year.
2017
Inventory
was from
at its 1,400 1,200
was
down 8.1%
from
830 August
last month
and
down 22.6%
986
in August
of last year. with
August
2017
at its
lowest
level compared
August
of Inventory
2016 and was
2015.
1,200 1,000
4.0
2.0
0.0
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
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
14
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage
| Price Range:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH - Con
22
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
8.0
6.0
4.0
2.0
0.0