MA ARCHIVED July 2017 | Page 6

Market Action Report July 2017
Market Action Report July 2017

ANNE County : Anne Arundel ARUNDEL

Community Information
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
$ 1,500,000
0 %
1 %
Average List Price of all Current Listings
$ 2,001,534
0 %
7 %
July Median Sales Price
$ 1,390,000
-10%
0 %
11 %
9 %
$ 1,400,000
9 %
9 %
July Average Sales Price
$ 1,574,950
-2%
-3%
1 %
4 %
$ 1,660,108
11 %
10 %
Total Properties Currently for Sale ( Inventory )
231
0 %
-3%
July Number of Properties Sold
20
-5%
18 %
99
1 %
July Average Days on Market ( Solds )
206
207 % 69 % 190 % 75 %
118
4 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 383
2 %
4 %
31 %
2 %
$ 356
-3%
-5%
July Sold Price per Square Foot
$ 335
-7%
-3%
-3%
-9%
$ 363
-7%
-1%
July Month ' s Supply of Inventory
11.6
5 %
-15% -18% -34%
19.6
-2%
12 %
July Sale Price vs List Price Ratio
82.9 % -8.5% -7.6% -9.9% -7.4%
89.4 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 20 , up 17.6 % from 17 in July of 2016 Property and 4.8 % lower Salesthan the 21 sales last month . July 2017 sales
30
July were Property at their sales highest were level 20 , up compared 17.6 % from to July 17 in of July 2016 of and 20162015 . and July 4.8 YTD % lower sales than of 99 the are 21 running sales last 1.0 month % ahead . July of 2017 last sales year ' s yearto-date their sales highest of 98 . level compared to July of 2016 and 2015 .
25 were July YTD sales of 99 are running 1.0 % ahead of last year ' s yearto-date sales of 98
20 .
15
30
25
20
15
10
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
0
0
A
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
14
15
16
17
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
J
Prices
14
Prices
The Median Sales Price in July was $ 1,390,000 , up 11.2 % from
2,900
The
$ 1,250,000 Median Sales in July Price of in 2016 July and was down $ 1,390,000 10.3 %, up from 11.2 $ % 1,550,000 from
$ last 1,250,000 month in . The July Average
2,900 of 2016 Sales and down Price 10.3 in % July from was $ 1,550,000 $ 1,574,950 , up
2,700 last
0.7 month % from . The $ 1,563,941 Average in Sales July Price of 2016 in July and was down $ 1,574,950 2.5 % from , up
2,7002,500
15
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
0.7
$ 1,615,262 % from $ 1,563,941 last month in . July July of 2017 2016 ASP and down was at 2.5 the % highest from level
2,5002,300
$ compared 1,615,262 last to July month of . 2016 July and 20172015 ASP . was at the highest level compared to July of 2016 and 2015 .
2,3002,100
2,1001,900
1,9001,700
1,7001,500
1,500
1,300
1,300
1,100
1,100
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
A
S
14 O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
J
F M A17M J
J
14
15
16
17
J
233
17 17
221
218 233 221 191
19 218 162
7 191 151
9
17 17 19 7 9 6 5
6 15
146 162
151 172 5 200 146
15
216 172
8 8
8 16 217 200
8 216
218
206 16 9 10
217 219 218 204 206
175 17
219 153
204 17 149
175 11
180
163 153
18 215 149
14
9 10 17 17 11 18 14 3 8
224
163 3 8 12 19 25
227
215 238
224 236
219 227
211 238
180
12 19 25 17 16 8
17 236 170
16 219
141 139
8
211
170 174
145
18 17
141 211
22
139 235
18 17 22 15 3 6
15 3
21 13 21 20
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 231 , equal to 231 last month and down 2.9 % from 238 in was 231 , equal to 231 last month and down 2.9 % from 238 in
250
July
July of of last last year year
. July . July
2017 2017
Inventory Inventory was was at a at mid a mid level level compared compared with with July July of of 2016 2016 and and 2015 2015 . .
200
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
50.0
40.0
30.0
100
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a higher MSI is is better for for buyers . The . The July July 2017 2017 MSI MSI of 11.6 of 11.6
50 months was was at at its its lowest level level compared with with July July of 2016 of 2016 and and
100
50
20.0
10.0
2015 . .
0
0
0.0
A
S AO
NS OD NJ
FD MJ
AF M JA JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DA JMF
JMJ A M J
J
14
14
15
15
16
16
17
17
231 231 211
145 174
6 235
21 231
13
231 21 20
60.0 50.0
40.0 30.0 20.0 10.0 0.0
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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 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 .