MA ARCHIVED November 2017 | Page 14

Market Action Report
November 2017
County: Howard
HOWARD
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Howard
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,205,400
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
0%
-3%
Trending versus*:
$1,586,694 Trending
1% versus*: 7%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,092,450
0%
0%
$1,205,400
0% -13% -9%
-3% -13% -8% $1,183,800
$1,149,225
-19%
-7%
-32%
-13%
$1,252,628
-3%
-5%
$1,586,694 1%
7%
84 -12%
$1,092,450 -13%
-9% -13% 6%
-8% $1,183,800
0%
0%
4 -20%
72
-4% -5%
$1,149,225 -19%
-7% -32% -20%
-13% $1,252,628
-3%
89 170% 48%
78
30%
30%
84 -12%
6% 14% 48%
$198
-7%
-11%
16%
0%
$208
5%
5%
4 -20%
-20%
72
-4%
89 $167
170% -21%
48% -7%
14% -13%
48% -20%
78 $182
30% -12% 30% -12%
$198 21.0
-7% 11%
-11% 24%
16% 33%
0% 55% $208 15.7
5% 11% 5%
16%
$167 92.9%
-21% -8.3%
-7% -.3%
-13% -1.7%
-20% -6.1% $182 93.9%
-12% -6% -12% -5%
Average List Price of all Current Listings
Market Profile & Trends Overview
November Median Sales Price
Median List Price of all Current Listings
November
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
November
Median Currently
Sales Price for Sale (Inventory)
November Average
Number
of Properties
Sold
November
Sales
Price
November
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
November
Number
of Properties
Sold on New Listings)
November Average
Sold Price
Foot
November
Days per
on Square
Market (Solds)
Asking
Price Month's
per Square
Foot (based
on New Listings)
November
Supply
of Inventory
November
per
Foot Ratio
November Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 21.0 11% 24% 33%
November
of Inventory
55%
15.7
11%
16%
92.9% -8.3% -.3% -1.7% -6.1%
93.9%
-6%
Number of Properties Sold -5%
November 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
3 Mo Avg
12
10
6
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
14 15
17 Sales Price
Median 16 Sales Price and Average
Prices
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
14 15
16
17
0
2 2
4
4 6 6
8
8
10
0
Number of Properties Sold
14
of 2016 and 2015. November YTD sales of 72 are running 4.0%
behind last year's year-to-date sales of 75.
16
Property Sales
November Property sales were 4, down 20.0% from 5 in
November Sales
of 2016 and 20.0% lower than the 5 sales last month.
Property
16
November
2017 sales
mid level
compared
November
Property
sales were
were at 4, a down
20.0%
from 5 in to November
of 2016 and
2015. and
November
YTD than
sales
are last
running
4.0% 14
November
of 2016
20.0% lower
the of 5 72
sales
month.
behind last
year's
sales
75.
November
2017
sales year-to-date
were at a mid
level of compared
to November 12
3 Mo Avg
The Median Sales Price in November was $1,092,450, down
Prices
2,000
12.6%
from Sales
$1,250,000
in November
2016 and down
down 12.6%
The
Median
Price in November
was of
$1,092,450,
1,900
2,000
from from
$1,250,000
last month.
The Average
Sales
Price
in
12.6%
$1,250,000
in November
of 2016 and
down
12.6%
November
was $1,149,225,
down
31.9% Sales
from Price
$1,687,666
in 1,900 1,800
from
$1,250,000
last month. The
Average
in
1,800 1,700
November
of $1,149,225,
2016 and down
November
was
down 18.7%
31.9% from
from $1,414,322
$1,687,666 last
in month.
1,700 1,600
November
was at 18.7%
the lowest
level compared
to
November
of 2017
2016 ASP
and down
from $1,414,322
last month.
1,600 1,500
November
of 2016
and at
2015.
November
2017
ASP was
the lowest level compared to
1,500 1,400
November of 2016 and 2015.
1,400 1,300
1,300 1,200
1,200 1,100
1,100 1,000
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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 14
F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A
17 M J J A S O N
14 15
16
17
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
November
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of of
20
21.0 months
months
was
a mid
level
compared
November
21.0
was
at at
a mid
level
compared
with with
November
of of
0
2016
2015.
2016 and
and
2015.
60
40
20
80.0
80.0
60.0
60.0
80
100.0
100.0
80
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
November was 84, down 11.6% from 95 last month and up 6.3% 140
November was 84, down 11.6% from 95 last month and up 6.3% 140
from 79 79 in in
November
year.
November
Inventory 120 120
from
November
of of
last last
year.
November
2017 2017
Inventory
was at at a a mid
mid
level
compared
with
November
of 2016
2015.
was
level
compared
with
November
of 2016
and and
2015.
100 100
40.0 40.0
20.0 20.0
0.0
0
J A J S J O A N S D O J N F D M J A F M M J A J M
A J S O
J F N M D A J M F J M J A A M S J O J N A S O N
D J D F M
J A F M
M J A M
J N
A D S O
14 15 14 15
16
17
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0.0
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
14
| coldwellbankerluxury.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
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.
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.