Howard
MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Howard
County: Howard
January 2016
January 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,275,990 1%
Median List Price of all Current Listings
3%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$1,763,845
Average List
Price of&
allTrends
Current Listings
5% L3M PYM
18%
$1,275,990
Median
List
Price
of
all
Current
Listings
1%
3%
$1,175,000
$1,175,000
January Median Sales Price
-10% -10%
-4%
0%
-4%
0%
$1,763,845
Average
Price Sales
of all Price
Current Listings
5%
$1,184,748 -4%
JanuaryList
Average
-9% 18%
-3%
-7% $1,184,748
-3%
-7%
$1,175,000
January
Median Sales
Pricefor Sale (Inventory)
-4%
0% $1,175,000
-4%
0%
71 -10%
Total Properties
Currently
-9% -10%
4%
$1,184,748
$1,184,748
January
Average
Sales
Price
-4%
-9%
-3%
-7%
-3%
-7%
3 -67%
3
January Number of Properties Sold
50%
50%
71
Total
Properties
for Sale (Solds)
(Inventory)
-9%
4% -34%
63 -30%
63
January
AverageCurrently
Days on Market
-7%
-6%
-6%
-34%
3 -67%
January
Number
Properties
Sold on New Listings)
50%
$233
$2333
Asking Price
per of
Square
Foot (based
9%
5% 50%
6% 10%
6%
10%
63 -30%
63
January
Days
Market
(Solds)
-6%
-34%
$202
$202
JanuaryAverage
Sold Price
peron
Square
Foot
1% -7%
3% -6%
6% -34%
4%
6%
4%
$233
$233
23.7 173%
23.7
Asking
Price
per Square
(based on New Listings)
9% 14%
5% -30%
6% -11%
10%
6%
10%
January
Month's
SupplyFoot
of Inventory
-30%
-11%
$202 11.2%
$202 14.4%
108.8%
108.0%
January
Square
1% 10.7%
3% 14.3%
6% 14.0%
4%
6%
4%
JanuarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
13.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date23.7
| Arrows indicate if Month / YTD values are higher (up), lower (down) or23.7
unchanged (flat)
January
Month's Supply of Inventory
173% 14% -30% -11%
-30%
-11%
Number
of Properties
108.8% 11.2% 10.7% 14.3%
108.0% Sold
January Sale Price vs List Price Ratio
14.0%
14.4%
13.1%
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 16
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
2
0
Prices
The Median Sales Price in January was $1,175,000,
down 4.1% from $1,225,000 in January of 2015
Prices
and down 10.1% from $1,306,760 last month. The
The Median Sales Price in January was $1,175,000,
Average Sales Price in January was $1,184,748,
down 4.1% from $1,225,000 in January of 2015
down 3.3% from $1,225,000 in January of 2015 and
and down 10.1% from $1,306,760 last month. The
down 4.1% from $1,235,702 last month. January
Average Sales Price in January was $1,184,748,
2016 ASP was at a mid range compared to January
down 3.3% from $1,225,000 in January of 2015 and
of 2015 and 2014.
down 4.1% from $1,235,702 last month. January
2016 ASP was at a mid range compared to January
of 2015 and 2014.
Inventory & MSI
Number of Properties Sold
3 Mo Avg
2
1
2
5
6
6
4
4
2
3
6
1
2
3
5
5
4
8
7
9
1
4
9
2
2
2
5
8
10
5
14
9
1
3
9
3
14
12
16
10
14
128
106
84
62
40
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
13
14
15
16
2
1
2
5
6
6
4
4
2
3
6
1
2
3
5
5
4
8
7
9
1
4
9
2
2
2
5
8
10
5
14
9
1
3
9
3
Property Sales
January Property sales were 3, up 50.0% from 2 in
January of Sales
2015 and 66.7% lower than the 9 sales
Property
last month.
January
were
at their
January
Property
sales2016
weresales
3