MA ARCHIVED June 2016 | Page 24

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
$ 1,250,000
0 %
-1%
Average List Price of all Current Listings
$ 1,510,915
-4%
4 %
June Median Sales Price
$ 1,182,865
6 %
0 %
-0%
1 %
$ 1,178,933
1 %
0 %
June Average Sales Price
$ 1,231,167
5 %
-1%
-1%
-3%
$ 1,241,060
-2%
-2%
Total Properties Currently for Sale ( Inventory )
102
3 %
2 %
June Number of Properties Sold
9
50 %
-10%
40
38 %
June Average Days on Market ( Solds )
52
-43% 11 % -34% -43%
50
-47%
-46%
Asking Price per Square Foot ( based on New Listings )
$ 206
8 %
1 %
4 %
-2%
$ 201
-2%
-5%
June Sold Price per Square Foot
$ 235
23 %
11 %
30 %
20 %
$ 218
3 %
12 %
June Month ' s Supply of Inventory
11.3
-31% -20% 13 %
-58%
13.6
-46%
-49%
June Sale Price vs List Price Ratio
106.8 %
15.6 % 8.0 % 13.7 % 12.8 %
100.1 %
8 %
6 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Howard

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Community Information

3 Mo Avg
Property Sales June Property sales were 9 , down 10.0 % from 10 in June of 2015 and 50.0 % higher than the 6 sales last month . June 2016 sales were at a mid level compared to June of 2015 and 2014 . June YTD sales of 40 are running 37.9 % ahead of last year ' s year-todate sales of 29 .
Prices The Median Sales Price in June was $ 1,182,865 , down 0.4 % from $ 1,187,500 in June of 2015 and up 5.8 % from $ 1,117,500 last month . The Average Sales Price in June was $ 1,231,167 , down 1.4 % from $ 1,248,691 in June of 2015 and up 4.9 % from $ 1,173,237 last month . June 2016 ASP was at a mid range compared to June of 2015 and 2014 .
16 14 12 10 8 6 4 2 0
16 14 12 10 8 6 4 2 0
J 13
6
J
4 4 2 3
13
A
S
O N D
J
14
6 1
A S O N D J
2 3
Number of Properties Sold
5 5 4 8 7 9 1 4
14
F M A M
J
J
A
S
O N D
J
15
6 4 4 2 3 6 1 2 3 5 5 4 8 7 9 1 4 9 2 2 2 5 8 10 5 14
15
F M A M
J
J
A
S
O N D
J
16
3 Mo Avg
2,000
1,900
2,000
1,800
1,900
1,700
1,800
1,700
1,600
Median Sales Price and Average Sales Price
3 Mo Avg
1,6001,500
1,5001,400
1,4001,300
1,3001,200
1,2001,100
1,1001,000
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 J
J
A
13
S O N D
J
F
M14 A M J
J
A
S O N D
J
F
M15 A M J
J
A
S O N D
J
F M A16M J
13
14
15
16
9 2 2 2 5
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
16
F M A M
J
8 10 5 14 9 1 3 9 5 6 7
9 1 3 9 5 6 7 7 6 9
7 6 9
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 102 , up 3.0 % from 99 last month and up 2.0 % from 100 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 11.3 months was at a mid level compared with June of 2015 and 2014 .
120 100 80 60 40 20 0
120
100
80
60
74 74 78 78 76
74 74 78 78 76
40
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
67 67 72
84
93
67 67 72
114 112
84
93
114 112
100 92 91
100 92 91
82
82
73
75 68 71
82 88
73
75 68 71
99 100 94 95 96 95
82
88
99 100 94 95 96 95 91
91
78 73 75
84
104 99 102
78 73 75
84
0 0.0
J A SJ OA NS DO JN FD
MJ AF M JA JMA J S JO AN SD OJ
NF DM AJ MF MJ AJ AM SJ OJ NA DS JO FNM DA JM FJ
M A M J
13 13 14 14
15 15
16 16
100.0
104 99 102
80.0
60.0
40.0
20.0
100.0 80.0 60.0 40.0 20.0 0.0
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