ANNE ARUNDEL
Community Information
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 November was 101 , down 22.3 % from 130 days last month and down 40.2 % from 169 days in November of last year . The November 2017 DOM was at its lowest level compared with November of 2016 and 2015 . |
300
250
200
150
100
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Days On Market for Sold Properties
116
169
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3 Mo Avg
101
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50 |
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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 November 2017 Selling Price per Square Foot of $ 376 was up 5.9 % from $ 355 last month and up 8.4 % from 346 in November of last year .
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 November 2017 Selling Price vs Original List Price of 91.3 % was up from 91.0 % last month and up from 86.7 % in November of last year .
0
600 550 500 450 400 350 300 250 200
120 % 100 % 80 % 60 %
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
Selling Price per Square Foot
3 Mo Avg
D J 14 15
295
F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N |
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16 |
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17 |
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346
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
89.0 % 86.7 %
3 Mo Avg
376
91.3 %
40 % 20 %
Inventory / New Listings / Sales 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 November 2017 was 19 , down 26.9 % from 26 last month and down 5.0 % from 20 in November of last year .
250
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0 %
162
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 Inventory / New Listings / Sales
151 146
172
200 216 217 218
206 219
204
175
153 149
163
179 214 223 226 237 235 218 211
170
141 139 145
174
210 229 224 222 222 220 212
170
50
0 D J 14 15
F M A M J |
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A S O N D |
J |
F M A M J |
J |
A S O N D |
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F M A M J |
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A S O N |
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16 |
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17 |
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Coldwell Banker Global Luxury SM | 7