MA ARCHIVED March 2018 | Page 6

Market Action Report
County: Anne Arundel
ANNE
ARUNDEL
Market Action Report
Community
County: Anne Information
Arundel
Price Range: $1,000,000 and Up | Properties: SFH - Con
March 2018
Agent Name
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
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 March was 144, up 34.6% from
107 days last month and up 32.1% from 109 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
50
0
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
15
16
17
18
7% -46% -8%
14.5 -50%
-14%
87.5% -2.7% -1.4% -3.3% -3.2%
-1% Sold -3%
Number of 87.7%
Properties
March Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
30
15
15 10
10 5
450
350
272
223
16
22
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
15
16
17
18
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
15
16 Median Sales Price and
17 Average Sales Price
18
Median Sales Price and Average Sales Price
2,900
3 Mo Avg
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
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
of a Seller's market. The March 2018 Selling Price vs Original
List Price of 87.5% was down from 89.9% last month and down
from 90.5% in March of last year.
120%
100%
90.5%
89.2%
87.5%
80%
60%
40%
20%
1,900
0%
1,900 1,700
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
15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
50.0
40.0 40.0
30.0 30.0
20.0 20.0
50 10.0 10.0
0 0.0 0.0
150 150
100 100
50.0
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
15 15
16
17
18
16
17
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Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
6 Copyright
| © Coldwell
Copyright
© coldwellbankerluxury.com
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.
100
60.0
60.0
150
Total Inventory & Month's Supply of Inventory (MSI)
200
Total Inventory & Month's Supply of Inventory (MSI)
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 171, up 15.5% from 148 last month and down 1.7% from 174 250
was 171, up 15.5% from 148 last month and down 1.7% from 174 250
March
last
year.
March
2018
Inventory
its lowest
in in March
of of
last
year.
March
2018
Inventory
was was
at its at lowest
200 200
level compared
compared
with
March
of 2017
2016.
level
with
March
of 2017
and and
2016.
250
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
18
A M 15
J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F M
15
16
17
18
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 March 2018 was 58, up 45.0% from 40 last month and equal
to 58 in March of last year.
1,100
1,300
1,500 1,300
1,700 1,500
1,100
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
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
15
16
17
18
$1,349,000
in March
of March
2017 and
15.1% from
$1,590,000
The
Median Sales
Price in
was down
$1,350,000,
up 0.1%
from
last month. in The
Average
March
was
$1,488,000, 2,900 2,700
$1,349,000
March
of 2017 Sales
and Price
down in
15.1%
from
$1,590,000
down
6.2% The
from
$1,586,983
in March
of 2017
down 17.9% 2,700 2,500
last
month.
Average
Sales Price
in March
was and
$1,488,000,
from 6.2%
$1,811,817
last month.
March of
2018
at 17.9%
a mid 2,500 2,300
down
from $1,586,983
in March
2017 ASP
and was
down
range
compared
March March
of 2017 2018
and ASP
2016.
from
$1,811,817
last to month.
was at a mid
2,300 2,100
range compared to March of 2017 and 2016.
2,100
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
March
2018
of 15.5 50
higher
is is
better
for for
buyers.
The The
March
2018
MSI MSI
of 15.5
months
at at
its its
lowest
level
compared
with with
March
of 2017
and and
months was
was
lowest
level
compared
March
of 2017
0
2016.
2016.
385
400
The Median Sales Price in March was $1,350,000, up 0.1% from
Prices
500
Prices
550
200
0
0
3 Mo Avg
600
250
5
3 Mo Avg
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 March 2018 Selling Price per Square Foot of $272 was down
28.5% from $380 last month and down 29.3% from 385 in
March of last year.
300
20
March YTD sales of 31 are running 29.2% ahead of last year's
year-to-date sales of 24.
3 Mo Avg
Number of Properties Sold
March Property sales were 11, up 83.3% from 6 in March of 2017
and the same
as the 11 sales last month. March 2018 sales were 25
Property
Sales
30
at their
highest sales
level were
compared
to March
and of
2016.
March
Property
11, up 83.3%
from of 6 2017
in March
2017
March
YTD
sales
of
31
are
running
29.2%
ahead
of
last
year's
and the same as the 11 sales last month. March 2018 sales were 25
20
24.
at year-to-date
their highest sales
level of
compared
to March of 2017 and 2016.
Property Sales
Selling Price per Square Foot
Selling Price per Square Foot
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 15.5 16%
March
Supply
of Inventory
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
100
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
144
109
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
148
150
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
200
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
250
March Average
Number
of Properties
Sold
March
Sales
Price
3 Mo Avg
300
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
Title
Phone
Website
Other
March Average
Average
List Price Sales
of all Price
Current Listings
Agent Name
Average List Price of all Current Listings
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
ANNE ARUNDEL
County: Anne Arundel
Community Information
$1,395,000 1%
-10%
Trending versus*:
$1,850,099 Trending
-3% versus*:
-9%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,350,000
-1%
0%
$1,395,000
1% -15% -7%
-10% 0% -4% $1,400,000
$1,488,000
-7%
2%
$1,850,099
-3% -18% -10%
-9% -6% -8% $1,646,548
$1,350,000 171
-15% 16%
-7% 0% -2%
-4% $1,400,000
-1%
0%
11 0%
31
29% 2%
$1,488,000 -18%
-10% -6% 83%
-8% $1,646,548
-7%
142
31%
22%
171 144
16% 35% 7%
-2% 32% 24%
5%
11 $401
0% 18% 6%
83% 29% 13%
31 $374
29% 12%
144 $272
35% -28%
7% -12%
32% -29%
24% -23%
142 $338
31% -24% 22%
-5%
$401 15.5
18% 16%
6% 7%
29% -46%
13% -8% $374 14.5
12% -50% 5%
-14%
$272 87.5%
-28% -2.7%
-12% -1.4%
-29% -3.3%
-23% -3.2% $338 87.7%
-24% -1% -5%
-3%
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
March 2018
Market Profile & Trends Overview
Listings
March 2018
Title
Phone
Agent
Name
Website
Title
Other
Market Action Report
50
0
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
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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Typ es: 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
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.
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