MA ARCHIVED March 2017 | Page 16

Market Action Report
March 2017
Agent Name
March 2017
Title
Phone
Agent
Name
Website
Title
Other
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 26.8 84% 45% 128% 97%
March
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
16
March Property sales were 4, down 42.9% from 7 in March of
14
2016 and Sales
the same as the 4 sales last month. March 2017 sales
Property
16
were at
a mid level
to March
of 2016
2015.
March
Property
sales compared
were 4, down
42.9% from
7 in and
March
of
12
14
March
running
36.8% behind
last year's
2016
and YTD
the sales
same of
as 12
the are
4 sales
last month.
March 2017
sales year-
to-date
of 19.
10
were
at a sales
mid level
compared to March of 2016 and 2015.
Prices
32%
7%
6%
36%
-3%
3 Mo Avg
3 Mo Avg
0
Sales Price and 16 Average Sales Price
Median Sales Price and Average Sales Price
15 Median
14
The Median Sales Price in March was $1,144,990, down 19.6%
Prices
2,000
from
$1,425,000
in March
of 2016
and down 4.6%
The
Median
Sales Price
in March
was $1,144,990,
down from
19.6%
$1,200,000
last in month.
The
Average
Sales 4.6%
Price from
in March was 2,000 1,900
from
$1,425,000
March of
2016
and down
1,800
$1,136,521, last
down
17.3%
from
$1,375,095
in March
of 2016
$1,200,000
month.
The
Average
Sales Price
in March
was and 1,900
down 3.7% down
from 17.3%
$1,180,000
last month.
March of 2017
$1,136,521,
from $1,375,095
in March
2016 ASP
and was 1,800 1,700
1,700 1,600
at a mid
compared to last
March
of 2016
and
2015.
down
3.7% range
from $1,180,000
month.
March
2017
ASP was
1,600 1,500
at a mid range compared to March of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
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 S O N D J F M
14
15
16
17
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 S O N D J F M
0
2 2
4 4
6 6
8
-1%
Number of Properties Sold
8
-1%
-9%
18.5
51%
36%
103.1% 8.9% 6.8% 3.6% 4.2%
-6% Sold -3%
Number of 95.6%
Properties
March Sale Price vs List Price Ratio
12
March YTD sales of 12 are running 36.8% behind last year's year-
to-date sales of 19.
10
-8%
12
-6%
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
14
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
9
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
-8%
-6%
-37% -9%
-38%
79
98%
12%
12 $211
-37% 2%
79 $220
98% 1% 32%
33%
2% 51% 7%
97% $211 18.5
1%
4.2% $220 95.6%
-6% 6%
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
$1,172,495
$1,200,924
March Average
Number
of Properties
Sold
March
Sales
Price
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
-3% $1,172,495
-14% $1,200,924
March Average
Average
List Price Sales
of all Price
Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
$1,199,000 -0%
-6%
$1,310,332 Trending
-6% versus*:
-22%
Month
LM L3M PYM
LY
$1,144,990
$1,199,000
-0% -5% -2%
-6% -20%
$1,136,521
$1,310,332
-6% -4% -18%
-22% -17%
$1,144,990 107
-5% 84%
-2% -20% 30%
-3%
4 0%
$1,136,521 -4%
-18% -17% -43%
-14%
37 -53% -39%
107 84%
30% 131%
5% -2%
4 $222
0% 28% -43%
37 $275
-53% 85%
-39% 31%
131% 41%
-38%
$222 26.8
28% 84%
5% 45%
-2% 128%
12%
$275
85% 8.9%
31% 6.8%
41% 3.6%
33%
103.1%
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
L3M PYM
LY
LM
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Community
Information
County: Howard
County: Howard
HOWARD
Market Action Report
17
3 Mo Avg
3 Mo Avg
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 S O N D J F M
17
A M 14
J J A S O N D J F M 15 A M J J A S O N D J F M 16
A M J J A S O N D J F M
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.
March
2017
of 26.8
higher
is is
better
for for
buyers.
The The
March
2017
MSI MSI
of 26.8
20
months
at at
a mid
level
compared
with
March
of 2016
and and
months was
was
a mid
level
compared
with
March
of 2016
0
2015.
2015. 40
20
80.0
60
100.0
100.0
Total Inventory & Month's Supply of Inventory (MSI)
60.0
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of March
The Total Inventory of Properties available for sale as of March
was 107, up 84.5% from 58 last month and up 30.5% from 82 in 120
was 107, up 84.5% from 58 last month and up 30.5% from 82 in 120
March of of last
last
year. March
March
2017
Inventory
its highest
March
year.
2017
Inventory
was was
at its at highest
100 100
level compared
compared
with
March
of 2016
2015.
level
with
March
of 2016
and and
2015.
80 80
80.0
60.0
40.0 40.0
20.0 20.0
0.0
0
A M A J M
J A J S J O 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 M
J J A A M S J O J N A D S J O F N M D J F M
D A J M F M
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
16
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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
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.