MA ARCHIVED November 2016 | Page 24

Market Action Report November 2016
Community Information
Market Action Report November 2016

County : Howard

Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,234,990
1 %
-4%
Average List Price of all Current Listings
$ 1,459,527
0 %
-9%
November Median Sales Price
$ 1,250,000
5 %
6 %
-11%
6 %
$ 1,183,933
1 %
1 %
November Average Sales Price
$ 1,686,250
29 %
30 %
21 %
33 %
$ 1,281,467
0 %
1 %
Total Properties Currently for Sale ( Inventory )
83 -15%
-9%
November Number of Properties Sold
4 -64%
33 %
74
21 %
November Average Days on Market ( Solds )
91
78 %
28 % 225 %
-1%
60
-38%
-35%
Asking Price per Square Foot ( based on New Listings )
$ 167
-12% -14% -24% -21%
$ 198
-6%
-6%
November Sold Price per Square Foot
$ 146
-32% -23% -20% -25%
$ 205
6 %
5 %
November Month ' s Supply of Inventory
20.8 133 % 26 % -32% -23%
14.7
-48%
-45%
November Sale Price vs List Price Ratio
85.1 % -12.5% -11.4% -9.9% -10.1%
99.1 %
6 %
5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Howard

Agent Name
Property Sales
16
November Property sales were 4 , up 33.3 % from 3 in November of 2015 and 63.6 % lower than the 11 sales last month .
Property
November
Sales 2016 sales were at their highest level compared to
16
November Property sales were 4 , up 33.3 % from 3 in November
November of 2015 and 2014 . November YTD sales of 74 are of 2015 and 63.6 % lower than the 11 sales last month .
14 running 21.3 % ahead of last year ' s year-to-date sales of 61 .
November 2016 sales were at their highest level compared to
12
November of 2015 and 2014 . November YTD sales of 74 are
14
12
10
8
Number of Properties Sold
3 Mo Avg
running 21.3 % ahead of last year ' s year-to-date sales of 61 .
10
6
8
4
6
4
2
2
0
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
0
13
14
15
16
D
J
F M A M J
Prices
13
14
The Median Sales Price in November was $ 1,250,000 , down
Prices
2,000
10.7 % from $ 1,400,000 in November of 2015 and up 5.5 % from
The
$ 1,185,000 Median Sales last month Price in . November The Average was Sales $ 1,250,000 Price in , down November
1,900
2,000
10.7 was % $ from 1,686,250 $ 1,400,000 , up 20.9 in November % from $ 1,394,967 of 2015 and in November up 5.5 % from of
1,800
$ 1,185,000 last month . The Average Sales Price in November
1,900
2015 and up 28.7 % from $ 1,310,325 last month . November
1,700 was $ 1,686,250 , up 20.9 % from $ 1,394,967 in November of
1,800
2016 ASP was at the highest level compared to November of
1,600
2015 and up 28.7 % from $ 1,310,325 last month . November
1,700
2015 and 2014 .
1,500
2016 ASP was at the highest level compared to November of
1,600
2015 and 2014 .
1,500
1,400
1,4001,300
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
Median 15Sales Price and Average
16 Sales Price
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
1,3001,200
1,2001,100
1,1001,000
1,000
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
13
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M A16M J
J
A S O N
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
November Total Inventory was 83 , of down Properties 15.3 % available from 98 for last sale month as of and down
November was 83 , down 15.3 % from 98 last month and down
120
8.8 % from 91 in November of last year . November 2016
8.8
Inventory % from 91 was in November at a mid level of last compared year . November with November 2016 of
2015100
Inventory and 2014 was . at a mid level compared with November of 2015 and 2014 .
80
60
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
40 higher MSI is better for buyers . The November 2016 MSI of higher MSI is better for buyers . The November 2016 MSI of
20.8 months was at a mid level compared with November of
20
20.8 months was at a mid level compared with November of
2015
2015 and
and 2014
2014 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
100.0
100
80.0
80
60
60.0
40
40.0
20
20.0
0
0.0
D
J
DF
MJ
AF M JA
MJ AJ
SJ OA NS DO J
NF DM JA FM MJ
AJ MA JS
OJ NA DS OJ
FN MD AJ
MF JM JAAM S JO JN
A S O N
13
1413
14
15
15
16
16
100.0
80.0
60.0
40.0
20.0
0.0
6
66 66 71
1 83
2 92
Title Phone Website Other

Community Information

66 66 71 3 5
113 111
83
5
92 99
4
113 111
91 92
8 99
83
7 8
91 92
1
83 4
74 75 69 72
Number of Properties Sold
74 75
9 82
2 89
69 72
2
99 100 82
2
6 1 2 3 5 5 4 8 7 8 1 4 9 2 2 2 5 8 10 89
5 5
8
14 10 5
94 95 95 95 91
14 9 1
99 100 94 95 95 95 91
78 72 74
82
3 9 5 7 7
102 97 100 104
112
78 72 74
82 102
7 6
97 100 104
99 98
83 9
9 1 3 9 5 7 7 7 6 9 7 6 5
112 7
11 4
6
99 98
3 Mo Avg
5
83 11 4
24 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © 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 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 .