Community Information
Anne Arundel
Community Information
Days On Market for Sold Properties |
3 Mo Avg |
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 December was 92 , down 45.6 % from 169 days last month and down 31.9 % from 135 days in December of last year . The December 2016 DOM was at its lowest level compared with December of 2015 and 2014 . |
300
250
200
150
100
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161 |
135 |
92 |
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50 |
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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 December 2016 Selling Price per Square Foot of $ 305 was down 12.0 % from $ 346 last month and down 8.6 % from 333 in December of last year .
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 December 2016 Selling Price vs Original List Price of 88.8 % was up from 86.7 % last month and up from 87.7 % in December of last year .
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 |
14 |
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15 |
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16 |
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Selling Price per Square Foot |
3 Mo Avg |
600 550 500 450 400 350 300 250 200
100 %
95 %
90 %
274
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 |
14 |
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15 |
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16 |
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333
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
87.1 % 87.7 %
3 Mo Avg
305
88.8 %
85 %
80 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in December 2016 was 12 , down 36.8 % from 19 last month and down 14.3 % from 14 in December of last year .
75 % |
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 |
14 |
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15 |
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16 |
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Inventory / New Listings / Sales |
300 250 200 150 100
147 158 167
209
226 249 255 233 221 218
191
162 151 146
172
200 216 217 218 206
219 204
175 153 149
164
181 216 225 228 239 239 224 216
175
147
50 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 |
14 |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 7