MA ARCHIVED February 2017 | Page 22

Harford Community Information

Harford Community Information

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
$ 1,700,000
3 %
3 %
Average List Price of all Current Listings
$ 1,852,435
2 %
1 %
February Median Sales Price
$ 2,475,000
-30% 104 % 120 %
$ 2,475,000
138 %
120 %
February Average Sales Price
$ 2,475,000
-30% 104 % 46 %
$ 2,475,000
128 %
46 %
Total Properties Currently for Sale ( Inventory )
14
56 %
27 %
February Number of Properties Sold
1
0 %
1
-67%
February Average Days on Market ( Solds )
550
39 % 511 % 355 %
550
1733 %
355 %
Asking Price per Square Foot ( based on New Listings )
$ 245
21 %
7 %
71 %
10 %
$ 228
18 %
2 %
February Sold Price per Square Foot
$ 0
0 %
-100%
$ 0
0 %
-100%
February Month ' s Supply of Inventory
14.0
0 %
0 %
27 %
43 %
14.0
75 %
43 %
February Sale Price vs List Price Ratio
71.7 %
-12.4% -26.1% -24.3%
71.7 %
-28%
-24%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , equal to 1 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 1 are running 66.7 % behind last year ' s year-to-date sales of 3 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 2,475,000 , up 104.2 % from $ 1,212,000 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 2,475,000 , up 104.2 % from $ 1,212,000 in February of 2016 and up from $ 0 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
0
-1
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
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
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
15
16
17
0 0 2 0 0 1 0 0 0 1 1 0 0 1 1 2 1 0 2 1 1 0 2 1 0 0 1 1 0 0 0 0 1 0 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 14 , up 55.6 % from 9 last month and up 27.3 % from 11 in February of last year . February 2017 Inventory was at its highest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 14.0 months was at its highest level compared with February of 2016 and 2015 .
20
15
10
5
0
20
15
10
10 10
5
M
14
11
11 10
11 10 11 11
Total Inventory & Month ' s Supply of Inventory ( MSI )
11 14 11
15 11
14 13
15 9
13
8 9 11 10
10 10 8
12 17
10
14 14 14
11 12
17
11 10 10 10
11 10
11 10
11 10 11
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
F M A M J
J
A S O N D J
13 16
18
15 13 15
0
A M AJ MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ M J J A S O N D J F
14
15 15
16 16
17
14 14 14
11
11 11 11 11
16 15
9
8 18
9 15
14 9
8 9
14
F
17
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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