MA ARCHIVED February 2017 | Page 6

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

County : Anne Arundel

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
$ 1,600,000
2 %
2 %
Average List Price of all Current Listings
$ 2,125,027
-2%
8 %
February Median Sales Price
$ 1,405,000
-1%
4 %
25 %
10 %
$ 1,412,500
9 %
10 %
February Average Sales Price
$ 2,858,333
77 %
76 % 145 % 88 %
$ 1,823,917
32 %
20 %
Total Properties Currently for Sale ( Inventory )
153
6 %
-7%
February Number of Properties Sold
3 -80%
0 %
18
6 %
February Average Days on Market ( Solds )
119
12 %
-2% -19%
1 %
108
-44%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 329
-11% -12% -8%
-13%
$ 345
1 %
-9%
February Sold Price per Square Foot
$ 432
-9%
18 %
43 %
18 %
$ 469
29 %
28 %
February Month ' s Supply of Inventory
51.0 431 % 126 % -7%
188 %
30.3
-7%
71 %
February Sale Price vs List Price Ratio
80.0 % -10.1% -8.8% -6.5% -10.6%
87.5 %
3 %
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 3 , equal to 3 in February of 2016 and 80.0 % lower than the 15 sales last month . February 2017 Property sales were
Sales at their lowest level compared to February of 2016 30 February Property sales were 3 , equal to 3 in February of 2016 and 2015 . February YTD sales of 18 are running 5.9 % ahead of and 80.0 % lower than the 15 sales last month . February 2017 last year ' s year-to-date sales of 17 .
25 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 18 are running 5.9 % ahead of
20 last year ' s year-to-date sales of 17 .

Anne Agent Arundel

Name
Title

Community Phone Information

Website
Other
15
30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
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 $ 1,405,000 , up 24.9 %
Prices
2,900 from $ 1,125,000 in February of 2016 and down 1.1 % from
The
$ 1,420,000 Median Sales last Price month in . February The Average was $ Sales 1,405,000 Price , in up February 24.9 %
2,700
2,900 from was $ 1,125,000 2,858,333 in , up February 144.7 % of from 2016 $ 1,168,333 and down 1.1 in % February from of
2,500
$ 1,420,000 last month . The Average Sales Price in February
2,700
2016 and up 76.8 % from $ 1,617,033 last month . February 2017 was $ 2,858,333 , up 144.7 % from $ 1,168,333 in February of
2,500
2,300
ASP was at the highest level compared to February of 2016 and
2016 and up 76.8 % from $ 1,617,033 last month . February 2017
2,3002,100
2015 .
ASP was at the highest level compared to February of 2016 and
2,1001,900
2015 .
1,9001,700
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
1,7001,500
1,5001,300
1,3001,100
1,100
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 153 , of up Properties 6.3 % from available 144 last for month sale as and of down 6.7 %
February was 153 , up 6.3 % from 144 last month and down 6.7 %
300 from 164 in February of last year . February 2017 Inventory was from at a 164 mid in level February compared of last with year February . of 2017 2016 Inventory and 2015 was .
250
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
50.0
60.0
50.0
at a mid level compared with February of 2016 and 2015 .
200
200
40.0
40.0
150
150
30.0
30.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The February 2017 MSI of 51.0 higher MSI is better for buyers . The February 2017 MSI of 51.0 months was at a mid level compared with February of 2016 and
50 months was at a mid level compared with February of 2016 and
2015
2015 .
.
0
100
20.0
50
10.0
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 MJ
JA AM SJ
OJ NAD S J
OF N D J
F
14
14
15
15
16
16
17
17
20.0
10.0
0.0
167
209 7 10
226
209 249
167
15 18 13 17
226 255
233 249
221 255
218 233 17 19 7 9
7 10 15 18 13 17 17 19 7 9 6 5
6
15
5 15
8 8 16 8 8 16 9 10 17
191 221 162 218
151 191
146
162 172 151
200 146
216
172 217 200 218 206
216
219 217
204 218
175 206
153 219
149 204
164 175
153 181
149 216
164 225
181 227
216
238 238 225
223 227
215 238
174 238
147 223
144 215
153 174
17 11 18
9 10 17 17 11 18 14 3 8 14 3 8 12 19 25
12 19 25 17 16 8
17 16 8 18
147 17
18 17 21 15 3
144 21
153 15 3
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 : $ 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 .