MA ARCHIVED May 2016 | Page 6

Market Action Report

County: Anne Arundel

Market Action Report

May 2016

Anne Arundel

County: Anne Arundel

Agent Name

May 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

Price Range: All | Properties: SFH - Con

Phone
Website
Month
Other
$439,000

Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con

LM

Trending versus*:
L3M PYM
LY

2%
7%
$582,470 Trending
2% versus*:7%
Month
LM 6%
L3M 6%
PYM 1%
LY
$345,000
$439,000 2%
7%
$406,851 5% 8% 5%
$582,470 2%
7%
2,327 0%
-18%
$345,000 6% 6% 1% 5%
653 21%
21%
$406,851 5% 8% 5% 4%
67
-17%
-15%
-17%
2,327 0%
-18%
653$206
21% -2% -1%
21% -1%
$195
7%
6%
8%
67 -17% -15% -17% -16%
3.6
-17%
-12%
-32%
$206 -2% -1% -1% 3%
$19596.0%
7% .8%
6% 1.3%
8% 1.3%
4%

Average List Price of all Current Listings

Market
Profile
& Trends
May Median
Sales
Price Overview
Median List Price of all Current Listings

May Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

May Median Sales Price

May Number of Properties Sold

May Average Sales Price

May Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking
Priceofper
Square Foot
May
Number
Properties
Sold (based on New Listings)
MayAverage
Sold Price
May
Daysper
onSquare
Market Foot
(Solds)

May Month's
Inventory
Asking
Price perSupply
SquareofFoot
(based on New Listings)
MaySold
SalePrice
Priceper
vsSquare
List Price
May
FootRatio

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
YTD
Prior YTD -2%
Prior Year
$325,000

5%
4%

$379,320

-2%
-3%

-1%

$325,000
-2%
2,383
$379,320
-1%

-2%

-16%
80
3% 2,383 $208
17%
4%
80 $184
-9%
-36% $208
4.8
2%
1.9% $184 94.4%
1%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

17%
-3%
-9%
2%
1% 0%
-23%4%
0% -2%

0%
4%
-2%
-13%
0%

3.6 -17% -12% -32% -36%
4.8 -23%
-13%
96.0% .8% 1.3% 1.3% 1.9%
0% Sold 0%
Number of94.4%
Properties

May Month's Supply of Inventory
May Sale Price vs List Price Ratio

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

800

May Property sales were 653, up 20.7% from 541 in May of 2015
700
and 20.9% higher than the 540 sales last month. May 2016
Property Sales
sales were at their highest level compared to May of 2015 and 800
600
May Property sales were 653, up 20.7% from 541 in May of 2015
2014. May YTD sales of 2,383 are running 16.8% ahead of last700
and 20.9% higher than the 540 sales last month. May 2016
year's
year-to-date
sales
of
2,040.
500
sales were at their highest level compared to May of 2015 and

month. May 2016 ASP was at a mid range compared to May of
2015 and 2014.

653

540

505

351

334

493

415

520

512

566

616

699

541

486

426

307

280

447

375

442

448

498

503

576

486

403

324

272

324

382

414

230

653

540

505

351

334

493

415

520

512

566

616

699

541

486

426

307

280

447

375

442

448

498

503

576

403

324

272

230

324

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 A M
Median Sales Price15
and Average Sales Price
13
14
16
3 Mo Avg

Prices

The Median Sales Price in May was $345,000, up 1.5% from
Prices
$340,000 in May of 2015 and up 6.2% from $325,000 last
The
Median
Sales
Price Sales
in MayPrice
was $345,000,
1.5% fromup 4.8%
month.
The
Average
in May wasup
$406,851,
700
$340,000 in May of 2015 and up 6.2% from $325,000 last
from $388,232 in May of 2015 and up 5.4% from $386,000 last
month. The Average Sales Price in May was $406,851, up 4.8% 650
month. May 2016 ASP was at a mid range compared to May of
from $388,232 in May of 2015 and up 5.4% from $386,000 last 600
2015 and 2014.

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 A M
13
14
15
16
382

555

0

437

0

100

518

100

535

200

200

414

300

300

555

400

3 Mo Avg

400

437

500

518

600

535

2014. May YTD sales of 2,383 are running 16.8% ahead of last
year's year-to-date sales of 2,040.

Number of Properties Sold

486

Property Sales

700

Median Sales Price and Average Sales Price

650

3 Mo Avg

600
550

550 500
500 450
450 400

400 350
350 300

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 A M

300

14 A M J J A S O N D J F M 15
J J 13
A S O N D J F M
A M J J A S O N D J F M A16M
13
14
15
16

Inventory & MSI

2,500

2,000

2,000

10.0

1,500

1,500
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 1,0001,000
higher
MSI
is
better
for
buyers.
The
May
2016
MSI
of
3.6
higher MSI is better for buyers. The May 2016 MSI of 3.6
500
monthswas
was
lowest
level
compared
of 2015
months
atat
itsits
lowest
level
compared
withwith
MayMay
of 2015
and and 500
0
2014.
0
2014.
A NS DO JN FD MJ AFMMJ A J MA JS JO AN SD OJ NF M
D AJ M
F M
J J AJ SJ O
J JA AM SJ OJ NA DS J OF NMDA JM F
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con
6
| provided
ccourtesy
o l dofw
e lAssociation
l b a nof k
e r h ofoMD,
mInc.,
es.c o m
Data
is is
provided
Regional
Information
Systems,
Inc., Sussex
of REALTORS
and may not
reflect
estate activity.
Coldwell
Banker
Data
courtesyCoastal
of Coastal
AssociationREALTORS
of REALTORS
of MD,Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc.,County
SussexAssociation
County Association
of REALTORS
and
mayallnotrelevant
reflect real
all relevant
real estate
activity.
Coldwell Banker
Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con

does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.

8.0

2,028
2,175
2,320
2,327

level compared with May of 2015 and 2014.

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

2,367
2,352
2,332
2,367
2,375
2,352
2,337
2,332
2,238
2,375
2,0612,337
2,008
2,238
2,090
2,061
2,215
2,008
2,507
2,090
2,725
2,215
2,877
2,507
2,904
2,725
2,875
2,877
2,857
2,904
2,825
2,5722,875
2,322 2,857
2,243 2,825
2,223 2,572
2,322
2,389
2,645
2,243
2,829
2,223
2,837
2,389
2,823
2,645
2,823
2,829
2,838
2,837
2,716
2,823
2,465
2,823
2,203
2,838
2,065
2,716
2,028
2,465
2,175
2,203
2,320
2,065
2,327

Inventory
& MSI of Properties available for sale as of May
The Total Inventory
The
Inventory
Properties
for and
sale down
as of May
wasTotal
2,327,
up 0.3%offrom
2,320available
last month
17.7% from 3,500
3,500
was
2,327,
up 0.3%
from
2,320
last2016
month
and down
17.7%
from
2,829
in May
of last
year.
May
Inventory
was
at its
lowest 3,000
2,829
in
May
of
last
year.
May
2016
Inventory
was
at
its
lowest
3,000
level compared with May of 2015 and 2014.
2,500

6.0
4.0

10.0
8.0
6.0
4.0

2.0

2.0

0.0

0.0

M A M