MA ARCHIVED December 2017 | Page 16

Market Action Report
December 2017
County: Howard
HOWARD
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Howard
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,210,400 0%
-2%
Trending versus*:
$1,594,705 Trending
1% versus*: 8%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,085,218
0%
0%
$1,210,400
0% -1% -10%
-2% -1% -8% $1,180,000
$1,122,573
-6%
-6%
$1,594,705
1% -3% -7%
8% -32% -15% $1,242,084
74 -14%
$1,085,218 -1%
-10% -1% 12%
-8% $1,180,000
0%
0%
6 20%
79
-6% -6%
$1,122,573 -3%
-7% -32% -33%
-15% $1,242,084
-6%
95 22% 51%
78
37%
30%
74 -14%
12% 164% 58%
5%
5%
6 $201
20% 2% -4%
-33% -7% 2%
79 $208
-6%
95 $137
22% -20%
51% -24%
164% -30%
58% -34%
78 $180
37% -13% 30% -13%
$201 12.3
2% -28%
-4% -24%
-7% 68%
2% -10% $208 15.2
5% 11% 5%
11%
$137 95.8%
-20% 2.5%
-24% 1.5%
-30% -2.0%
-34% -3.2% $180 94.1%
-13% -5% -13% -5%
Average List Price of all Current Listings
Market Profile & Trends Overview
December
Sales
Price Listings
Median
List Median
Price of all
Current
December
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
December
Median Currently
Sales Price for Sale (Inventory)
December Average
Number
of Properties
Sold
December
Sales
Price
December
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
December
Number
of Properties
Sold on New Listings)
December
Days per
on Square
Market Foot
(Solds)
December Average
Sold Price
Asking
Price Month's
per Square
Foot of
(based
on New Listings)
December
Supply
Inventory
December
per
Foot Ratio
December Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 12.3 -28% -24% 68% -10%
December
Month's
of Inventory
15.2
11%
11%
95.8% 2.5% 1.5% -2.0% -3.2%
-5% Sold -5%
Number of 94.1%
Properties
December 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
16
December Property sales were 6, down 33.3% from 9 in
December Sales
of 2016 and 20.0% higher than the 5 sales last month. 14
Property
16
December
2017 sales
to
December
Property
sales were
were at 6, their
down lowest
33.3% level
from compared
9 in
12
December
of
2016
and
2015.
December
YTD
sales
of
79
are
December of 2016 and 20.0% higher than the 5 sales last month. 14
running 6.0%
behind
last at year's
year-to-date
sales of 84.
10
December
2017 sales
were
their lowest
level compared
to
Number of Properties Sold
3 Mo Avg
12
Prices
Median Sales Price and Average Sales Price
6
5
16 Sales Price and Average
17
Median
Sales Price
15
The Median Sales Price in December was $1,085,218, down
Prices
2,000
1.3%
from $1,100,000
December
of $1,085,218,
2016 and down
The
Median
Sales Price in in December
was
down 1.3%
2,000 1,900
from from
$1,099,900
last in month.
The of Average
Sales
Price
1.3%
$1,100,000
December
2016 and
down
1.3% in
1,900 1,800
December
was $1,122,573,
31.5% from
in
from
$1,099,900
last month. down
The Average
Sales $1,639,335
Price in
December
of $1,122,573,
2016 and down
from
December
was
down 3.2%
31.5%
from $1,159,378
$1,639,335 last
in month. 1,800 1,700
1,700 1,600
December
was at 3.2%
the lowest
level compared
to
December
of 2017
2016 ASP
and down
from $1,159,378
last month.
1,600 1,500
December
of 2016
and at
2015.
December
2017
ASP was
the lowest level compared to
1,500 1,400
December of 2016 and 2015.
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
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
15
16
17
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
0 2 2
4 4
6 6
8 8
10
December of 2016 and 2015. December YTD sales of 79 are
running 6.0% behind last year's year-to-date sales of 84.
3 Mo Avg
3 Mo Avg
3 Mo Avg
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 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 17
A M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 74, down 14.0% from 86 last month and up 12.1% 140
December was 74, down 14.0% from 86 last month and up 12.1% 140
from 66 66 in in
December
year.
December
Inventory 120 120
from
December
of of
last last
year.
December
2017 2017
Inventory
was at at a a mid
mid
level
compared
with
December
of 2016
2015.
was
level
compared
with
December
of 2016
and and
2015.
100 100
120.0
1 00.0
80.0 80.0
60.0 60.0
40.0 40.0
20 20.0 20.0
0 0.0 0.0
60 60
80
40
100.0 80
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
December
of 12.3
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 12.3
20
months
at at
its its
highest
level
compared
with with
December
of of
months was
was
highest
level
compared
December
0
2016
2015.
2016 and
and
2015.
120.0
J F M
J M
J A J S J O A N S D O J N F D M J A F M M J A J M
A J S O
N D
J F N M
J A
F M A
J A
S O
D A J M F J M J A A M S J O J N A D S O N D
15 15
16
17
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
16
coldwellbankerluxury.com
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
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.
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.