MA ARCHIVED June 2016 | Page 22

Harford Community Information

Harford Community Information

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
$ 1,649,500
0 %
2 %
Average List Price of all Current Listings
$ 1,894,187
-2%
-25%
June Median Sales Price
$ 1,311,000
31 %
13 %
21 %
14 %
$ 1,042,000
-9%
-9%
June Average Sales Price
$ 1,311,000
31 %
13 %
21 %
3 %
$ 1,113,000
-8%
-13%
Total Properties Currently for Sale ( Inventory )
16
33 %
-6%
June Number of Properties Sold
1
0 %
-50%
5
0 %
June Average Days on Market ( Solds )
359
845 % 81 % 180 % 190 %
97
-24%
-22%
Asking Price per Square Foot ( based on New Listings )
$ 248
0 %
6 %
-10%
21 %
$ 219
0 %
7 %
June Sold Price per Square Foot
$ 0
-100% -100% -100% -100%
$ 143
-36%
-30%
June Month ' s Supply of Inventory
16.0
33 %
14 %
88 %
50 %
11.4
15 %
6 %
June Sale Price vs List Price Ratio
79.5 % -20.5% -11.4% -8.3% -26.6%
95.3 %
9 %
-12%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales June Property sales were 1 , down 50.0 % from 2 in June of 2015 and the same as the 1 sales last month . June 2016 sales were at a mid level compared to June of 2015 and 2014 . June YTD sales of 5 are running equal to last year ' s year-to-date sales of 5 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in June was $ 1,311,000 , up 20.5 % from $ 1,087,900 in June of 2015 and up 31.1 % from $ 1,000,000 last month . The Average Sales Price in June was $ 1,311,000 , up 20.5 % from $ 1,087,900 in June of 2015 and up 31.1 % from $ 1,000,000 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
0
-1
1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
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
F M A M
13
14
15
16
Median Sales Price and Average Sales Price
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
F M A M J
13
14
15
16
J
3 Mo Avg
0 0 0 0 1 1 1 1 0 0 2 0 0 1 0 0 0 1 1 0 0 1 1 2 1 0 2 1 1 0 2 1 0 0 1 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 16 , up 33.3 % from 12 last month and down 5.9 % from 17 in June of last year . June 2016 Inventory was at a mid level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 16.0 months was at its highest level compared with June of 2015 and 2014 .
18 16 14 12 10 8 6 4 2 0
18 16 14 12 10 8 6 4 2 0
14
J 13
13
15 14 13
15
13 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
13 12
13 11
12 11
10 10 10
11
10 10
11 11 10 11
11 11
14 15
11 13
11 14
9 15 8
12
11 10
17
15 15
16
12 11 11 11 12 11 12 11 12 11 12
A JS AO NS DO 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 JM J
13 14 14
15 15
16 16
13
10
10 9 8
10 11
12
17
15 15
16
12
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 F M A M J
16
12 12 12 12
16
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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