MA ARCHIVED February 2017 | Page 24

Market Action Report February 2017
Community Information
Market Action Report February 2017

County : Howard

Price Range : $ 1,000,000 and Up | 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
$ 1,199,000
-1%
-6%
Average List Price of all Current Listings
$ 1,386,711
-3%
-19%
February Median Sales Price
$ 1,200,000
4 %
0 %
0 %
2 %
$ 1,190,000
0 %
1 %
February Average Sales Price
$ 1,180,000
-8% -21% -6%
-11%
$ 1,233,125
1 %
-7%
Total Properties Currently for Sale ( Inventory )
59
0 %
-20%
February Number of Properties Sold
4
0 %
-43%
8
-33%
February Average Days on Market ( Solds )
79 -36% 14 %
18 %
32 %
101
84 %
68 %
Asking Price per Square Foot ( based on New Listings )
$ 179
-8%
-5%
1 %
-10%
$ 188
-3%
-5%
February Sold Price per Square Foot
$ 149
-37% -23% -36% -28%
$ 192
-15%
-7%
February Month ' s Supply of Inventory
14.8
0 %
20 %
40 %
9 %
14.8
18 %
9 %
February Sale Price vs List Price Ratio
94.7 % 6.4 % -. 2 % -5.7% -4.3%
91.8 %
-10%
-7%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Howard

Agent Name
Property Sales
16
February Property sales were 4 , down 42.9 % from 7 in February of 2016 and the same as the 4 sales last month . February 2017
Property sales were
Sales at a mid level compared to February of 2016 and
16
February Property sales were 4 , down 42.9 % from 7 in February
2015 . February YTD sales of 8 are running 33.3 % behind last of 2016 and the same as the 4 sales last month . February 2017
14 year ' s year-to-date sales of 12 . sales were at a mid level compared to February of 2016 and
12
2015 . February YTD sales of 8 are running 33.3 % behind last
14
12
10
8
Number of Properties Sold
3 Mo Avg
year ' s year-to-date sales of 12 .
10
6
8
4
6
4
2
2
0
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
0
14
15
16
17
M
A M J
Prices
14
The Median Sales Price in February was $ 1,200,000 , equal to
Prices
2,000
$ 1,200,000 in February of 2016 and up 4.3 % from $ 1,150,000
The last Median month Sales . The Price Average in February Sales Price was in $ 1,200,000 February , was equal to
1,900
2,000
$
$ 1,200,000 1,180,000 in , down February 6.2 % of from 2016 $ and 1,258,367 up 4.3 % in from February $ 1,150,000 of 2016
1,800 last month . The Average Sales Price in February was
1,900 and down 8.3 % from $ 1,286,250 last month . February 2017
1,700
$ 1,180,000 , down 6.2 % from $ 1,258,367 in February of 2016
1,800
ASP was at a mid range compared to February of 2016 and 2015 and down 8.3 % from $ 1,286,250 last month . February 2017
1,700
.
1,600
1,500
ASP was at a mid range compared to February of 2016 and 2015 .
1,600
1,500
1,400
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
Median
15 Sales Price and Average
16 Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,4001,300
1,3001,200
1,2001,100
1,1001,000
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
M
A
14 M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
14
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
The
February Total Inventory was 59 , equal of Properties to 59 last available month for and sale down as of 20.3 % from
February was 59 , equal to 59 last month and down 20.3 % from
120
74 in February of last year . February 2017 Inventory was at its
74 lowest in February level compared of last year with . February February 2017 of Inventory 2016 and was 2015 at . its
100 lowest level compared with February of 2016 and 2015 .
80
60
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
40 higher MSI is better for buyers . The February 2017 MSI of 14.8 higher MSI is better for buyers . The February 2017 MSI of 14.8 months was at a mid level compared with February of 2016 and
20 months was at a mid level compared with February of 2016 and
2015
2015 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
100.0
100
80.0
80
60
60.0
40
40.0
20
20.0
0
0.0
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ
NAD SJ
OF N D J
F
14
14
15
15
16
16
17
17
100.0
80.0
60.0
40.0
20.0
0.0
83 3
92 83
5
113 111
5
92 99
Title Phone Website Other

Community Information

4
113 111
8 99
91 92
7 83
8
91 92
1 83
4
74 75 69 72
9
74 75 82
2 89
2
69 72
Number of Properties Sold
2
99 100
82
3 5 5 4 8 7 8 1 4 9 2 2 2 5 8 10 89
5 5
8
14 10 5
94 95 95 95 91 14 9 1
99 100 94 95 95 95 91
3
78 72 74
82
9 5 7 7
102 97 100 104
111
78 72 74
82
7 6
96 94
9 80
9 1 3 9 5 7 7 7 6 9 7 6 5
7
11
102 97 100 104
111
96
67 6 94
59 59
5 80
11 67
5
5 9 4 4
9
59 59
3 Mo Avg
4 4
24 | 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 : $ 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 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 .