MA ARCHIVED July 2017 | Page 14

Market Action Report July 2017 County: Harford HARFORD Market Action Report Agent Name July 2017 Title Phone Agent Name Website Title Other Community Information County: Harford Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other Market Profile & Trends Overview Price Range: $1,000,000 and Up | of Properties: SFH - Con Listings Median List Price all Current LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $1,472,000 2% -13% Trending versus*: $1,641,530 Trending 0% versus*: -12% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,655,000 5% 47% $1,655,000 59% 47% $1,472,000 2% 47% -13% $1,655,000 9% -2% $1,711,000 54% 1% $1,641,530 0% 47% -12% 20 5% 25% $1,655,000 47% 5% 47% $1,655,000 59% 47% 1 0% 5 0% 1% $1,655,000 47% 9% -2% $1,711,000 54% 163% 230 137% 90% 20 318 5% 348% 111% 25% 1% -7% 1 $210 0% 14% 14% -14% 1% 5 $193 0% 318 $291 348% 111% -5% 163% 104% 230 $305 137% 113% 90% 113% $210 20.0 14% 5% 14% -14% 1% 104% $193 17.4 1% 74% -7% 7% 0% 78% $291 82.8% -4.3% -5% -3.4% 104% -12.6% $305 82.9% 113% -13% 113% -12% Average List Price of all Current Listings Market Profile & Trends Overview July Median Sales Price Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) July Median Sales Price July Average Number of Properties Sold July Sales Price July Properties Average Days on Market (Solds) Total Currently for Sale (Inventory) Asking Price of per Square Foot July Number Properties Sold (based on New Listings) July Days per on Square Market Foot (Solds) July Average Sold Price Asking Price per Supply Square of Foot (based on New Listings) July Month's Inventory July Foot Ratio July Sold Sale Price Price per vs Square List Price * LM=Last Month / L3M=Last / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 20.0 July Month's Supply 3 Months of Inventory 5% 7% 0% 104% 17.4 74% 78% 82.8% -4.3% -3.4% -12.6% -13% Sold -12% Number of 82.9% Properties July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 3 July Property sales were 1, up from 0 in July of 2016 and the same as the 1 sales last month. July 2017 sales were at their Property Sales 3 highest level sales compared of 0 2016 and of 2015. July the YTD sales July Property were 1, to up July from in July 2016 and of 5 are running equal to last year's year-to-date sales of 5. same as the 1 sales last month. July 2017 sales were at their highest level compared to July of 2016 and 2015. July YTD sales 2 1 1 0 0 -1 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 M J J A 14 15 16 17 Median Sales Price and Average Sales Price The Median Sales Price in July was $1,655,000, up from $0 in Prices 4,500 July of 2016 and Price up 47.1% $1,125,000 last month. The The Median Sales in July from was $1,655,000, up from $0 in Average Sales in July was $1,655,000, from The $0 in July 4,500 4,000 July of 2016 and Price up 47.1% from $1,125,000 last up month. of 2016 Sales and up 47.1% from last 2017 Average Price in July was $1,125,000 $1,655,000, up month. from $0 July in July 4,000 was the highest compared July of July 2016 and 2015. 3,500 of ASP 2016 and at up 47.1% from level $1,125,000 last to month. 2017 ASP was at the highest level compared to July of 2016 and 2015. 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 M J J 14 15 16 17 0 1 1 -1 3 Mo Avg 2 2 Prices Number of Properties Sold 2 of 5 are running equal to last year's year-to-date sales of 5. 0 3 Mo Avg Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 3,500 3,000 3,000 2,500 2,500 2,000 2,000 1,500 1,500 1,000 1,000 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 M J J A S 14 O N D J F M A M J J A S O N D J F M A 17 M J J 15 A M J J A S O N D J F M 16 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) 10 comparatively lower MSI is more beneficial for sellers a A A comparatively lower MSI is more beneficial for sellers while while a higher MSI MSI better buyers. 2017 of 20.0 higher is is better for for buyers. The The July July 2017 MSI MSI of 20.0 5 months at at its its highest level compared with with July July of 2016 and and months was was highest level compared of 2016 0 2015. 2015. 10 20.0 15.0 15.0 10.0 10.0 5.0 5.0 5 20.0 15 20 15 25.0 25.0 25 Inventory & MSI The Total Inventory of Properties available for sale as of July The Total Inventory of Properties available for sale as of July was 20, up 5.3% from 19 last month and up 25.0% from 16 in 25 was 20, up 5.3% from 19 last month and up 25.0% from 16 in July of of last last year. July July 2017 Inventory at highest its highest July year. 2017 Inventory was was at its level level 20 compared with July 2016 2015. compared with July of of 2016 and and 2015. 0.0 0 A S A O N D N J F D M J A F M A S J O J N A D S J O F N M D A J M F J M J A M J J S O M J A J M A J S J O A N S D O J N F D M J A M F M J A J M 14 14 15 16 17 15 16 17 Copyright | © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 14 coldwellbankerluxury.com 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 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. 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. 0.0