MA ARCHIVED June 2017 | Page 20

Market Action Report
June 2017
County: Howard
HOWARD
Market Action Report
Agent Name
June 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
Trending versus*:
Prior YTD Prior Year
YTD
$1,199,999 0%
-3%
Trending versus*:
$1,364,516 Trending
2% versus*:
-10%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,230,000
4% $1,164,990
-2%
$1,199,999
0% 1% 9%
-3% 4%
$1,301,000
1% 6% -2% $1,278,431
3%
$1,364,516
2% -7% -10%
$1,230,000 113
1% -6%
9% 4% 13%
4% $1,164,990
-2%
-1%
5 -50%
35
$1,301,000 -7%
1% 6% -44%
-2% $1,278,431
3% -15% -3%
103 110%
113 137
-6% 54% 32%
13% 163% 128%
5 $180
-50% 0% -13%
-44% -15% -9%
35 $204
-15% 1%
137 $180
54% 8%
32% -5%
163% -23%
128% -13%
103 $190
110% -12% 72%
$180 22.6
0% 88%
-13% 32%
-15% 103%
-9% 67% $204 16.9
1% 29% 3%
$180 90.8%
8% -1.2%
-5% -3.2%
-23% -15.0%
-13% -8.2% $190 93.3%
-12% -7% -8%
Average List Price of all Current Listings
Market Profile & Trends Overview
June Median
Sales
Price
Median
List Price
of all
Current Listings
June Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
June
Sales Currently
Price
June Average
Number
of Properties
Sold
June
Sales
Price
June Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of
per
Square Foot
June
Number
Properties
Sold (based on New Listings)
June
Days per
on Square
Market Foot
(Solds)
June Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
June Month's
Inventory
June
Foot Ratio
June Sold
Sale Price
Price per
vs Square
List Price
-1%
-3%
72%
3%
-8%
24%
-6%
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 22.6 88% 32% 103% 67%
June
Month's
Supply
of Inventory
90.8% -1.2% -3.2%
June Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
June Property sales were 5, down 44.4% from 9 in June of 2016
and 50.0% Sales
lower than the 10 sales last month. June 2017 sales
Property
16
were Property
at their sales
lowest
level
compared
to from
June 9 of
2015.
June
were
5, down
44.4%
in 2016
June and
of 2016
14
June
YTD
sales
of
35
are
running
14.6%
behind
last
year's
year-
and 50.0% lower than the 10 sales last month. June 2017 sales
to-date
sales
of 41. level compared to June of 2016 and 2015.
were
at their
lowest
12
16
16.9
29%
24%
-8.2%
-7% Sold -6%
Number of 93.3%
Properties
3 Mo Avg
Number of Properties Sold
14
3 Mo Avg
12
10
Prices
15
1,000
16 and Average Sales Price
17
Median Sales Price
Median Sales Price and Average Sales Price
3
7
14
The Median Sales Price in June was $1,230,000, up 4.0% from
Prices
2,000
$1,182,865
in June
of in
2016
1.2% from up
$1,215,000
The
Median Sales
Price
June and
was up
$1,230,000,
4.0% from last
2,000 1,900
month. The
Average
Sales and
Price
in June
was
$1,301,000,
$1,182,865
in June
of 2016
up 1.2%
from
$1,215,000
last up
1,900 1,800
5.7% from
in June
of June
2016 was
and $1,301,000,
down 7.0% up
from
month.
The $1,231,167
Average Sales
Price in
$1,398,376
last month.
June
2017 and
ASP down
was at
the from
highest level 1,800 1,700
5.7%
from $1,231,167
in June
of 2016
7.0%
1,700 1,600
compared last
to June
of 2016
$1,398,376
month.
June and
2017 2015.
ASP was at the highest level
1,600 1,500
compared to June of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
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 J
14
15
16
17
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
0
0 2 2
4 4
6 6
8 8
10
June YTD sales of 35 are running 14.6% behind last year's year-
to-date sales of 41.
-15.0%
3 Mo Avg
3 Mo Avg
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 14
S O N D J F M
A M J J A S O N D J F M A 17 M 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)
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.
June
2017
of 22.6
higher
is is
better
for for
buyers.
The The
June
2017
MSI MSI
of 22.6
months
at at
its its
highest
level
compared
with with
June
of 2016
and and 20
months was
was
highest
level
compared
June
of 2016
0
2015.
2015.
100.0
80
60
40
20
80
Total Inventory & Month's Supply of Inventory (MSI)
100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of June
The Total Inventory of Properties available for sale as of June
was 113, down 5.8% from 120 last month and up 13.0% from 100 140
was 113, down 5.8% from 120 last month and up 13.0% from 100 140
June of of
last
year.
June
2017
Inventory
at highest
its highest
in in June
last
year.
June
2017
Inventory
was was
at its
level level
120 120
compared
with
June
2016
2015.
compared
with
June
of of
2016
and and
2015.
100 100
0.0
0
J A J S O
M A
J A
J A
A N S D O J N 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
J M
F M
M S J O J N A D S J O F N M D A J M F J M A M J
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
20
coldwellbankerluxury.com
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
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.