MA ARCHIVED July 2017 | Page 16

Market Action Report
July 2017
County: Howard
HOWARD
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Howard
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
$1,190,000 -1%
-4%
$1,333,122 Trending
-2% versus*:
-11%
Month
LM L3M PYM
LY
$1,187,600
$1,190,000
-1% -3% 2%
-4% -6%
$1,225,076
$1,333,122
-2% -6% -5%
-11% -17%
$1,187,600 115
-3% 4%
2% -6% 11%
1%
9 80%
$1,225,076 -6%
-5% -17% 29%
-7%
34 -75% -64%
115 4%
11% -59%
9 $196
80% 8% 1%
29% 2%
34 $155
-75% -14%
-64% -8%
-59% -24%
-43%
$196 12.8
8% -42%
1% -18%
2% -14%
-1%
$155 98.5%
-14% 8.5%
-8% 5.0%
-24% -7.2%
-25%
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 12.8 -42% -18% -14%
July
Month's
Supply 3 Months
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
-1%
44
-1%
-1%
-4%
-1%
-8% -4%
-43%
89
65%
-1%
2%
44 $203
-8%
89 $184
65% -14% 48%
-25%
2% 20% 3%
-6% $203 16.0
-14% -6% -11%
-.4% $184 94.4%
48%
3%
-11%
18%
-5%
3 Mo Avg
3 Mo Avg
9
0
2 2
4 4
6 6
8 8
Prices
$1,175,000
$1,267,518
-1%
-1%
10
10
14
15
The Median Sales Price in July was $1,187,600, down 6.5% from
Prices
2,000
$1,270,000
in July
of in
2016
3.4% from
The
Median Sales
Price
July and
was down
$1,187,600,
down $1,230,000
6.5% from
last month. in The
Sales down
Price 3.4%
in July
$1,225,076, 2,000 1,900
$1,270,000
July Average
of 2016 and
from was
$1,230,000
down
16.9%
from
$1,475,009
in July
of 2016
and down 5.8% 1,900 1,800
last
month.
The
Average
Sales Price
in July
was $1,225,076,
from 16.9%
$1,301,000
last month.
July of
2017
ASP
at 5.8%
the lowest 1,800 1,700
down
from $1,475,009
in July
2016
and was
down
1,700 1,600
level $1,301,000
compared last
to July
of 2016
from
month.
July and
2017 2015.
ASP was at the lowest
1,600 1,500
level compared to July of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
7
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
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
0
$1,175,000
$1,267,518
12
12
1%
-7%
Number of Properties Sold
14
YTD sales of 44 are running 8.3% behind last year's year-to-date
sales of 48.
16
July Property sales were 9, up 28.6% from 7 in July of 2016 and
80.0% higher
than the 5 sales last month. July 2017 sales were
Property
Sales
16
at their
highest
level
to July
2016
2015. and
July
July
Property
sales
were compared
9, up 28.6%
from of
7 in
July and
of 2016
14
YTD
sales
of
44
are
running
8.3%
behind
last
year's
year-to-date
80.0% higher than the 5 sales last month. July 2017 sales were
48. level compared to July of 2016 and 2015. July
at sales
their of
highest
Trending versus*:
Prior YTD Prior Year
YTD
-6%
16.0
20%
18%
98.5% 8.5% 5.0% -7.2% Number
-.4%
-6% Sold -5%
of 94.4%
Properties
July Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
16
17
Median Sales Price
and Average Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
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 115, up 3.6% from 111 last month and up 10.6% from 104 in 140
was 115, up 3.6% from 111 last month and up 10.6% from 104 in 140
July of of last
last
year. July
July
2017
Inventory
at highest
its highest
July
year.
2017
Inventory
was was
at its
level level 120 120
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
100 100
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
2017
of 12.8
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 12.8
months
at at
its its
lowest
level
compared
with with
July July
of 2016
and and 20
months was
was
lowest
level
compared
of 2016
0
2015.
2015.
100.0
100.0
80.0
80 60.0 60.0
60 40.0 40.0
20.0 20.0
80.0
80
Total Inventory & Month's Supply of Inventory (MSI)
40
20
0.0
0
A S A
O N
J F D M J A F M M J A J M A J S J O A N S D O J N F D
M J A M
J A
J 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 D
O N
F M
14 14
15
16
17
15
16
17
0.0
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
16
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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 Assoc iation 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.