MA ARCHIVED June 2016 | Page 7
Market Action Report
County: Anne Arundel
June 2016
Anne Arundel
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for June was 95, up 8.0% from 88
days last month and down 3.1% from 98 days in June of last
year. The June 2016 DOM was at its lowest level compared with
June of 2015 and 2014.
3 Mo Avg
300
250
200
146
150
98
100
95
50
0
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
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $328 was down
41.8% from $563 last month and down 8.1% from 357 in June of
last year.
3 Mo Avg
600
550
500
450
400
357
328
324
350
300
250
200
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
95%
of a Seller's market. The June 2016 Selling Price vs Original List
Price of 93.5% was up from 92.7% last month and up from 92.4%
90%
in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.5%
92.4%
88.5%
85%
80%
75%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
233
231
223
187
168
153
178
156
222
207
219
207
218
217
201
173
147
151
192
162
221
219
255
249
226
209
167
158
148
174
152
100
195
150
192
200
206
250
233
300
189
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in June 2016 was 46, equal to 46 last month and up 27.8% from
36 in June of last year.
50
0
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
Copyright © Coldwell Banker | 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
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.
c o l dw el l b a n k er h o m es.c o m
| 7