MA ARCHIVED May 2016 | Page 7
Market Action Report
County: Anne Arundel
May 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 May was 80, down 27.9% from 111
days last month and down 27.3% from 110 days in May of last
year. The May 2016 DOM was at a mid level compared with May
of 2015 and 2014.
3 Mo Avg
300
250
200
150
110
100
80
44
50
0
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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 May 2016 Selling Price per Square Foot of $590 was up
74.7% from $338 last month and up 77.7% from 332 in May of
last year.
3 Mo Avg
590
600
550
500
450
400
360
332
350
300
250
200
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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 May 2016 Selling Price vs Original List
Price of 92.9% was up from 88.7% last month and up from
88.6% in May of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
95%
92.9%
92.9%
88.6%
90%
85%
80%
75%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
232
224
187
169
154
178
157
222
207
219
207
218
217
201
173
151
147
162
192
221
219
255
249
226
209
167
158
148
195
174
152
100
192
150
189
200
223
250
233
300
206
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 May 2016 was 46, down 32.4% from 68 last month and down
8.0% from 50 in May of last year.
50
0
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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.
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