MA ARCHIVED August 2017 | Page 6

Market Action Report August 2017
Title Phone Community Information Website Other
Market Action Report August 2017

County : Anne Arundel

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
$ 480,000
1 %
9 %
Average List Price of all Current Listings
$ 643,408
2 %
11 %
August Median Sales Price
$ 355,500
-6%
-5%
6 %
6 %
$ 355,000
5 %
6 %
August Average Sales Price
$ 436,678
-1%
0 %
11 %
10 %
$ 421,894
6 %
6 %
Total Properties Currently for Sale ( Inventory )
2,012
-3%
-15%
August Number of Properties Sold
611
3 %
-6%
4,579
3 %
August Average Days on Market ( Solds )
53
-4%
0 %
-5%
-23%
59
-16%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 204
-3%
-2%
3 %
0 %
$ 207
2 %
2 %
August Sold Price per Square Foot
$ 192
1 %
-1%
4 %
2 %
$ 194
4 %
3 %
August Month ' s Supply of Inventory
3.3
-6%
4 %
-10% -23%
3.6
-19%
-17%
August Sale Price vs List Price Ratio
96.2 %
-. 6 % -. 6 %
. 0 %
1.0 %
96.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
900
August Property sales were 611 , down 5.6 % from 647 in August of 2016 and 3.2 % higher than the 592 sales last month . August
800
Property
2017 sales Sales were at a mid level compared to August of 2016 and
900
700
August
2015 . Property August YTD sales sales were of 611 4,579 , down are 5.6 running % from 647 2.7 % in ahead August of last of 2016 and 3.2 % higher than the 592 sales last month . August
800 year ' s year-to-date sales of 4,459 .
600
2017 sales were at a mid level compared to August of 2016 and
700
500
2015 . August YTD sales of 4,579 are running 2.7 % ahead of last year ' s year-to-date sales of 4,459 .
600
400
500
300
400
200
300
100
200
0
100
0
Prices
The Median Sales Price in August was $ 355,500 , up 6.0 % from
Prices
$ 335,500 in August of 2016 and down 6.4 % from $ 380,000
440
The last Median month Sales . The Price Average in August Sales Price was $ 355,500 in August , up was 6.0 $ % 436,678 from ,
$ up 335,500 10.5 % in from August $ 395,158 of 2016 in and August down of 6.4 2016 % from and $ down 380,000 1.4 % from
440
420
last
$ 442,896 month . last The month Average . August Sales Price 2017 in ASP August was was at the $ 436,678 highest , level up 10.5 % from $ 395,158 in August of 2016 and down 1.4 % from
420 compared to August of 2016 and 2015 .
$ 442,896 last month . August 2017 ASP was at the highest level
400
400
380
compared to August of 2016 and 2015 .
380
360

Anne Agent Arundel

Name

Title Phone Community Information Website Other

360 340
340 320
448 442
Number of Properties Sold
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
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
15
16
17
J
A
3 Mo Avg
Median Sales Price and Average Sales Price
448 442 375 447 280 307 426 486 541 699 616 566 512 520 415 493 334 350 507 541 660 777 643 647 554 535 477 540 373 353 576 603 680 791 592 611
S O N D
14
375 447
320
300
300
S
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
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
J
A
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 2,012 Inventory , down 3.5 of % Properties from 2,084 available last month for sale and as of down August 15.0 %
3,500 was from 2,012 2,367 , down in August 3.5 % from of last 2,084 year last . August month 2017 and down Inventory 15.0 % was at
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
from its lowest 2,367 in level August compared of last with year . August of 2017 2016 Inventory and 2015 was . at its lowest level compared with August of 2016 and 2015 .
3,000
2,500
2,500
2,000
8.0
7.0
6.0
2,000
1,500
5.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The August 2017 MSI of 3.3
1,000 higher MSI is better for buyers . The August 2017 MSI of 3.3
2.0 months was at its lowest level compared with August of 2016
500 months was at its lowest level compared with August of 2016
500
1.0 and 2015 .
0 and 2015 .
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
2,858 2,826
2,573 2,323 2,244 2,224
280
2,858 2,826
2,573 2,323 2,244
307
2,391
2,649 426 486 541 699 616
2,834 2,842 2,830 2,832 2,848 2,730
2,224 2,391
2,649 2,834
Number of Properties Sold
566 512 520 415
2,842 2,830 2,832 2,848 2,730
2,479
493
2,479 2,219 2,089 2,060 2,235 334 350
2,219 2,089 2,060
507 541 660
2,404 2,467 2,471 2,489 2,367 2,390 777 643
2,235 2,404 2,467 2,471 2,489 2,367 647 554 535 477
2,244
2,001 1,774 1,716 1,723 1,880
540
2,006 2,029
373
2,390 2,244
2,001 1,774 1,716 1,723
353
3 Mo Avg
576
3 Mo Avg
2,134 2,084 2,012 603 680
1,880 2,006 2,029 2,134
3 Mo Avg
791 592
2,084 2,012
611
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
6 | 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 .