MA ARCHIVED December 2016 | Page 6

Market Action Report December 2016
Community Phone Information
Market Action Report December 2016

County : Anne Arundel

Price Range : $ 1,000,000 and Up | 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
$ 1,549,000
-2%
-0%
Average List Price of all Current Listings
$ 2,134,490
-0%
7 %
December Median Sales Price
$ 1,275,000
8 %
0 %
-2%
-2%
$ 1,279,000
0 %
-2%
December Average Sales Price
$ 1,443,690
-11% -8%
0 %
-7%
$ 1,509,891
-3%
-3%
Total Properties Currently for Sale ( Inventory )
147 -16%
-4%
December Number of Properties Sold
21
24 %
17 %
178
27 %
December Average Days on Market ( Solds )
92 -46% -37% -32% -35%
119
-13%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 428
1 %
6 %
6 %
12 %
$ 380
-2%
-1%
December Sold Price per Square Foot
$ 305
-12% -7%
-9%
-16%
$ 359
-1%
-1%
December Month ' s Supply of Inventory
7.0 -32% -28% -18% -63%
17.8
-5%
-5%
December Sale Price vs List Price Ratio
88.8 %
2.4 % 1.7 % 1.3 %
-. 2 %
89.5 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales December Property sales were 21 , up 16.7 % from 18 in December of 2015 and 23.5 % higher than the 17 sales last Property month . December
Sales
2016 sales were at their highest level 30 December Property sales were 21 , up 16.7 % from 18 in compared to December of 2015 and 2014 . December YTD sales December of 2015 and 23.5 % higher than the 17 sales last of 178 are running 27.1 % ahead of last year ' s year-to-date sales 25 month . December 2016 sales were at their highest level of 140 . compared to December of 2015 and 2014 . December YTD sales
20 of 178 are running 27.1 % ahead of last year ' s year-to-date sales of 140 .
15

Anne Agent Arundel

Name
Title

Community Phone Information

Website
Other
30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10
5
5 0 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
0 14 15
16 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
Prices 14
Median 15 Sales Price and Average 16 Sales Price
3 Mo Avg
The Median Sales Price in December was $ 1,275,000 , down
Prices 1.9 % from $ 1,300,000 in December of 2015 and up 8.1 % from Median Sales Price and Average Sales Price
3 Mo Avg The Median Sales Price in December was $ 1,275,000 , down
2,300
$ 1,180,000 last month . The Average Sales Price in December 1.9 was % from $ 1,443,690 $ 1,300,000 , up 0.1 in % December from $ 1,442,330 of 2015 and in December up 8.1 % from of 2015 2,3002,100
$ and 1,180,000 down last
11.4 month % from
. $ The 1,629,176
Average last Sales month Price
. in December
December
2016 was $ 1,443,690 , up 0.1 % from $ 1,442,330 in December of 2015 ASP was at a mid range compared to December of 2015 and
2,1001,900 and down 11.4 % from $ 1,629,176 last month . December 2016 2014 . ASP was at a mid range compared to December of 2015 and 1,9001,700 2014 .
1,7001,500
10
1,500 1,300
9 7
1,300
1,100
1,100
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
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
16 A M J
J
A S O N D
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 147 of , down Properties 16.0 % available from 175 for last sale month as of and down
December was 147 , down 16.0 % from 175 last month and down
300
3.9 % from 153 in December of last year . December 2016
3.9
Inventory % from 153 was in at December its lowest of level last year compared . December with December 2016 of
250
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
50.0
60.0
50.0
Inventory
2015 and was 2014 at . its lowest level compared with December of
2015 and 2014 .
200
150
200
150
40.0
30.0
40.0
30.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The December 2016 MSI of 7.0 higher MSI is better for buyers . The December 2016 MSI of 7.0 months was at its lowest level compared with December of
201550 months was at its lowest level compared with December of 2015 and and 2014
2014 .
.
0
100
20.0
50
10.0
0
0.0
J
F
MJ
AF M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JA AM S JO JNAD
S O N D
14
14
15
15
16
16
20.0
10.0
0.0
147
10 9
209
158
147 167 158
7 226
167 10 15 18 13 17
209 249
226 255
233 249
221 255 218 233
17 221
191 19 218
162
151 7 9
10 15 18 13 17 17 19 7 9 6 5
6
15
5 15
8 8 16 8 8 16 9 10 17
9 10 17 17 11 18 14 3 8 12 19 25 17 16 8 18 17 21
191
146 162 172 151
200 146
216 172
217
218 200
206 216
219 217
204 218
175 206
153 219
149 204
164 175
153 181
149 216 164
225 228
181 239 216 239 225
224 228
216 239
175 239
147 224
17 11 18 14 3 8 12 19 25 17 16
216 8
175 18
147 17 21
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 : $ 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 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 .