MA ARCHIVED November 2016 | Page 22

Harford Community Information

Harford Community Information

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,575,000
-5%
-13%
Average List Price of all Current Listings
$ 1,834,415
-0%
-8%
November Median Sales Price
$ 4,600,000
0 %
254 % 300 %
$ 1,127,000
-4%
-2%
November Average Sales Price
$ 4,600,000
0 %
254 % 261 %
$ 1,694,167
28 %
33 %
Total Properties Currently for Sale ( Inventory )
10 -38%
0 %
November Number of Properties Sold
1
0 %
6
-40%
November Average Days on Market ( Solds )
244
0 %
360 % 97 %
121
-19%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 0
0 %
-100%
0 %
-100%
$ 226
12 %
10 %
November Sold Price per Square Foot
$ 0
0 %
-100%
$ 143
-30%
-30%
November Month ' s Supply of Inventory
10.0
0 %
0 %
0 %
-2%
10.2
0 %
0 %
November Sale Price vs List Price Ratio
92.0 %
. 0 % -50.5% -15.1%
94.7 %
-14%
-13%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales November Property sales were 1 , equal to 1 in November of 2015 and higher than the 0 sales last month . November 2016 sales were at their highest level compared to November of 2015 and 2014 . November YTD sales of 6 are running 40.0 % behind last year ' s year-to-date sales of 10 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in November was $ 4,600,000 , up 253.8 % from $ 1,300,000 in November of 2015 and up from $ 0 last month . The Average Sales Price in November was $ 4,600,000 , up 253.8 % from $ 1,300,000 in November of 2015 and up from $ 0 last month . November 2016 ASP was at the highest level compared to November of 2015 and 2014 .
0
-1
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
D J 13 14
D J 13 14
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
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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
15
16
1 1 1 0 0 2 0 0 1 0 0 0 1 1 0 0 1 1 2 1 0 2 1 1 0 2 1 0 0 1 1 0 0 0 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of November was 10 , down 37.5 % from 16 last month and equal to 10 in November of last year . November 2016 Inventory was at its lowest level compared with November of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of 10.0 months was at its highest level compared with November of 2015 and 2014 .
20
15
10
5
0
20
15
10
12
5
11
12
11
10 10 10
Total Inventory & Month ' s Supply of Inventory ( MSI )
11
11
10
11 10
11 10 11 11
14
11
15
11
14
13
15
9
13
8
9
12
11 10
10 10 8
17
10
14 14 14
11
10 10 10
11 10
11 10
11 10 11
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
F M A M J
J
A S O N
0
D
J
DF
MJ
AF M AJ
MJ AJ
SJ
OA NS DO JNFDM JA FM MJ
AJ
MA JS
OJ AN DS OJ
FN MD AJ M J
13
1413
14
15
15
16
16
J
A S O N
11
12
17
14
14
14
11
11
14
11
17
11
16
11
19
14 16
17
10
16
19
16
10
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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