MA ARCHIVED December 2017 | Page 22

Market Action Report
Harford
County: Harford
Market Action Report
County: Harford
December 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
December 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
$339,900
0%
5%
Other
$385,488 Trending
0% versus*: 8%
Month
LM 8%
L3M 5%
PYM 13%
LY
$300,000
$339,900
0% 15% 7%
5% 14%
$328,970
$385,488 587
0% -13% 8% -22%
$300,000 221
8% -1%
5% 13% 6%
9%
$328,970 15%
7%
14%
12%
66 32% 22% -15%
587 -13%
-22%
$152 5% 2% 12%
221 -1%
6%
$141 3% 1% 5%
66 32% 22% -15% -3%
2.7 -12% -14% -27%
$152 5% 2% 12% 8%
96.3% -.2% -.2% 1.9%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December Average Sales Price
December Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
Trending versus*:
Prior YTD 4%
Prior Year 4%
9% YTD
$286,900
12%
$303,832
3%
4%
$286,900 2,723
4%
$303,832
3%
-3%
57
1% 4%
-16% 4%
8%
$144
2%
2,723
1%
6%
$136
2%
57 -16%
-16%
-40%
3.5 -21%
$144
2%
2%
1.2%
96.6%
2%
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%
2%
2%
-21%
2%
$141 3% 1% 5% 6%
$136
2%
2%
2.7 -12% -14% -27% -40%
3.5 -21%
-21%
Number of 96.6%
Properties
96.3% -.2% -.2% 1.9% 1.2%
2% Sold 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
350
December Property sales were 221, up 6.3% from 208 in
December of 2016 and 1.3% lower than the 224 sales last month. 300
Property
December Sales
2017 sales were at their highest level compared to 350
December
Property
up 6.3% YTD
from sales
208 in
250
December
of 2016 sales
and were
2015. 221,
December
of 2,723 are
December
of 2016
and 1.3%
lower
than
the 224 sales
last of month.
running 0.9%
ahead
of last
year's
year-to-date
sales
2,698. 300
200
December 2017 sales were at their highest level compared to
Prices
15
The Median Sales Price in December was $300,000, up 12.5%
Prices
from $266,575 in December of 2016 and up 7.5% from
340
The
Median last
Sales month.
Price in The
December
was
$300,000,
12.5% was
$279,000
Average
Sales
Price in up
December
320
from
$266,575
in
December
of
2016
and
up
7.5%
from
$328,970, up 14.3% from $287,742 in December of 2016 and up
340
$279,000
last $286,341
month. The
Price in 2017
December
was at
14.9% from
last Average
month. Sales
December
ASP was
300
$328,970,
up level
14.3% compared
from $287,742
in December
of 2016
and up 320
the highest
to December
of 2016
and 2015.
14.9% from $286,341 last month. December 2017 ASP was at
300 280
184
16
242
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 Price
J J A S O N D
Median Sales Price and Average Sales
3 Mo Avg
0
the highest level compared to December of 2016 and 2015.
0
50
50
100
100
150
3 Mo Avg
150
200
250
December of 2016 and 2015. December YTD sales of 2,723 are
running 0.9% ahead of last year's year-to-date sales of 2,698.
Number of Properties Sold
17
Median Sales Price and Average Sales Price
3 Mo Avg
280 260
260 240
240 220
220 200
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
200
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
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.7 400
MSI is better
for buyers.
December
2017 while
MSI of
higher
MSI
is better
for buyers.
December
MSI of 2.7
months
was
at its lowest
level The
compared
with 2017
December
of 2016 200 200
months
was at its lowest level compared with December of 2016
0
and 2015.
and 2015.
0
10.0
800
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
1,400
December
was 587,
12.8% available
from 673
The
Total Inventory
of down
Properties
for last
sale month
as of and down
22.5% from
December
last 673
year.
December
was 757
587, in down
12.8% of
from
last December
month and 2017
down 1,400 1,200
22.5%
from was
757 in
last compared
year. December
2017
Inventory
at December
its lowest of
level
with December
of 1,200 1,000
Inventory
at its lowest level compared with December of
2016 and was
2015.
1,000
800
2016 and 2015.
4.0
2.0
0.0
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
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
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