MA ARCHIVED December 2017 | Page 6

Market Action Report December 2017
Title Phone Community Information Website Other
Market Action Report December 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
$ 469,000
1 %
12 %
Average List Price of all Current Listings
$ 604,366
-0%
8 %
December Median Sales Price
$ 355,000
-0%
1 %
1 %
6 %
$ 354,000
5 %
6 %
December Average Sales Price
$ 420,549
1 %
2 %
3 %
5 %
$ 418,561
5 %
5 %
Total Properties Currently for Sale ( Inventory )
1,479 -16%
-17%
December Number of Properties Sold
446
-7%
-17%
6,590
0 %
December Average Days on Market ( Solds )
63
9 %
5 %
-6%
-9%
60
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 196
-4%
-3%
1 %
-3%
$ 205
0 %
1 %
December Sold Price per Square Foot
$ 191
-1%
-1%
-6%
1 %
$ 194
3 %
3 %
December Month ' s Supply of Inventory
3.3
-9%
-6%
1 %
-23%
3.6
-16%
-16%
December Sale Price vs List Price Ratio
95.0 %
-. 4 % -. 7 % -. 2 %
-. 2 %
96.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Anne Agent Arundel

Name

Title Phone Community Information Website Other

Property Sales
900
December Property sales were 446 , down 17.4 % from 540 in
December of 2016 and 7.3 % lower than the 481 sales last month .
800
Number of Properties Sold
3 Mo Avg
Property
December Sales 2017 sales were at their lowest level compared to
900
700
December Property of 2016 sales and were 2015 . 446 December , down 17.4 YTD % from sales 540 of 6,590 in are
December of 2016 and 7.3 % lower than the 481 sales last month .
800 running 0.4 % ahead of last year ' s year-to-date sales of 6,565 .
600
December 2017 sales were at their lowest level compared to
700
500
December of 2016 and 2015 . December YTD sales of 6,590 are running 0.4 % ahead of last year ' s year-to-date sales of 6,565 .
600
400
500
300
400
200
300
100
200
0
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
0
15
16
17
Prices
The Median Sales Price in December was $ 355,000 , up 1.5 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A M Price J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 349,900 in December of 2016 and down 0.3 % from
The
$ 356,000 Median last Sales month Price . in The December Average was Sales $ 355,000 Price in , up December 1.5 % was from
$ 420,549 $ 349,900 , up in 2.9 December % from $ 408,890 of 2016 and in December down 0.3 % of from 2016 and up
440
440
420
Median Sales Price and Average Sales Price
3 Mo Avg
$
0.9 356,000 % from last $ 416,659 month . The last Average month . Sales December Price in 2017 December ASP was was at the
$ 420,549 , up 2.9 % from $ 408,890 in December of 2016 and up
420 highest level compared to December of 2016 and 2015 .
0.9 % from $ 416,659 last month . December 2017 ASP was at the
400
400
380
highest level compared to December of 2016 and 2015 .
380
360
360 340
340 320
280 307
280 307 426 486 541 699 616 566 512 520 415 493 334 350 507 541 660 777 643 647 554 535 477 540 373 353 576 603 680 792 595 622 519 550 481 446
320
300
300
J
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
December Total Inventory was 1,479 of , Properties down 16.1 available % from 1,762 for sale last as month of and
3,000
December down 16.7 was % from 1,4791,776 , down in 16.1 December % from 1,762 of last last year month . December and
3,000
9.0
2,500 down 201716.7 Inventory % from was 1,776 at in its December lowest level of last compared year . December with December
8.0
2,500
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December
2,000
7.0 of 2016 and 2015 .
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The December 2017 MSI of 3.3 higher MSI is better for buyers . The December 2017 MSI of 3.3
500
2.0 months was at a mid level compared with December of 2016 and
500 months was at a mid level compared with December of 2016 and
1.0
2015 .
0
2015 .
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 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
2,244 2,224
2,391
426
2,649 2,834
2,244 2,224
2,391
486 541 699 616 566 512
2,649 2,834 2,842 2,830 2,832 2,848
520
2,842 2,830 2,832 2,848 2,730
2,479 2,219 2,089
415
Number of Properties Sold
493 334
2,060 2,235
2,404 350
2,730
2,479 2,219 2,089 2,060
507 541 660 777 643 647 554
2,235 2,404 2,466 2,470 2,488 2,367 2,391 2,245
535
2,466 2,470 2,488 2,367 2,391 2,245
2,002 1,776 1,718 1,724
477
2,002
1,776 540 373
1,718 1,724
1,884 2,011 2,039
353 576 603 680 792 595
2,153 2,118 2,096 2,071 1,969
1,762
1,479 622 519
1,884 2,011 2,039 2,153 2,118 2,096 2,071 1,969
3 Mo Avg
550 481
1,762 1,479
446
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 .