Anne Arundel
MARKET ACTION REPORT
County: Anne Arundel
January 2016
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many
days the average Property is on the market before it
sells. An upward trend in DOM tends to indicate a
move towards more of a Buyer's market, a downward
trend a move towards more of a Seller's market. The
DOM for January was 202, up 49.6% from 135 days last
month and up 71.2% from 118 days in January of last
year. The January 2016 DOM was at a mid level
compared with January of 2015 and 2014.
Average Days on Market (Listing to Contract) for properties sold during the month
300
250
3 Mo Avg
218
202
200
150
118
100
50
0
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
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for
the direction of Property values. Since Median Sales
Price and Average Sales price can be impacted by the
'mix' of high or low end Properties in the market, the
selling price per square foot is a more normalized
indicator on the direction of Property values. The
January 2016 Selling Price per Square Foot of $384 was
up 15.2% from $333 last month and down 12.5% from
439 in January of last year.
Average Selling Price per Square Foot for properties that sold during the month
500
3 Mo Avg
439
450
384
400
350
279
300
250
200
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
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14
15
16
Selling Price versus Li