MA ARCHIVED May 2017 | Page 22

Market Action Report
Harford
County: Harford
Market Action Report
County: Harford
May 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
May 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$355,000
4%
9%
Other
$402,902 Trending
2% versus*:
13%
Month
LM -3%
L3M 7%
PYM 5%
LY
$300,000
$355,000
4% 2% 6%
9% 5%
$315,568
$402,902 778
2% 2% 13% -26%
$300,000 292
-3% 24%
7% 5% 7%
9%
$315,568 2%
6%
5%
8%
50 -24% -21% -18%
778 2%
-26%
$146 1% 4% 0%
292 24%
7%
$138 5% 4% 2%
50 -24% -21% -18% -26%
2.7 -18% -14% -30%
$146 1% 4% 0% 4%
97.2% 1.3% 1.3% .7%
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
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
May 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
Trending versus*:
YTD
Prior YTD 4%
Prior Year
$276,250
9%
8%
$294,680
0%
1%
5%
$276,250 1,032
4%
$294,680
5%
-26%
64
8% 0%
-12% 1%
4%
$141
0%
1,032
8%
4%
$133
3%
64 -12%
-6%
-40%
3.9 -26%
$141
0%
0%
2.1%
95.9%
1%
-6%
0%
0%
-12%
1%
$138 5% 4% 2% 4%
$133
3%
0%
2.7 -18% -14% -30% -40%
3.9 -26%
-12%
Number of 95.9%
Properties
97.2% 1.3% 1.3% .7% 2.1%
1% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
350
May Property sales were 292, up 6.6% from 274 in May of 2016
and 23.7% higher than the 236 sales last month. May 2017 sales 300
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 350
May
sales
6.6% from
in May
of 2016
250
May Property
YTD sales
of were
1,032 292,
are up
running
8.4% 274
ahead
of last
year's
and
23.7% higher
than
the 236 sales last month. May 2017 sales 300
year-to-date
sales
of 952.
200
were at their highest level compared to May of 2016 and 2015.
Prices
14
The Median Sales Price in May was $300,000, up 5.2% from
Prices
$285,250 in May of 2016 and down 2.6% from $307,950 last
340
The
Median
Sales
Price Sales
in May Price
was $300,000,
5.2% from
month.
The
Average
in May was up
$315,568,
up 5.5%
$285,250
in
May
of
2016
and
down
2.6%
from
$307,950
last
from $299,217 in May of 2016 and up 1.6% from $310,549 last 340 320
month.
Average
Sales was
Price
was $315,568,
up 5.5% to May 300
month. The
May
2017 ASP
at in
the May
highest
level compared
320
from
$299,217
in May of 2016 and up 1.6% from $310,549 last
of 2016
and 2015.
month. May 2017 ASP was at the highest level compared to May 300 280
192
15
16
Median Sales Price and Average Sales Price
139
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
14
15
16
17
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 Price and Average Sales Price
3 Mo Avg
0
of 2016 and 2015.
0
50
50
100
100
150
3 Mo Avg
150
200
250
May YTD sales of 1,032 are running 8.4% ahead of last year's
year-to-date sales of 952.
Number of Properties Sold
17
3 Mo Avg
280 260
260 240
240 220
220 200
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
200
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
1,000
800
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
2.7 a
400
higher
MSI
is better
for buyers.
May 2017
MSI
of 2.7
months
was
at its lowest
level The
compared
with
May
of 2016 and 200 200
months
0
2015. was at its lowest level compared with May of 2016 and
2015.
0
10.0
level compared with May of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
8.0
6.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
1,400
was Total
778, Inventory
up 1.6% from
766 last available
month and
from
The
of Properties
for down
sale as 25.8%
of May
1,049
May
of from
last year.
May
2017 and
Inventory
was at
its lowest 1,400 1,200
was
778, in up
1.6%
766 last
month
down 25.8%
from
1,049
May of last
year.
May
2017 Inventory
level in
compared
with
May
of 2016
and 2015. was at its lowest
1,200 1,000
4.0
2.0
0.0
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
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
14
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage
| Price Range:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH - Con
22
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
8.0
6.0
4.0
2.0
0.0