MA ARCHIVED November 2017 | Page 22

Market Action Report
November 2017
Harford
County: Harford
Agent Name
Title
Phone
Agent
Name
Website
Title Other
November 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
$348,450
-0%
9%
Other
$389,190 Trending
1% versus*:
10%
Month
LM -4%
L3M -4%
PYM 3%
LY
$278,000
$348,450
-0% -8% -7%
9% -7%
$284,265
$389,190 660
1% -14% 10% -24%
$278,000 220
-4% 2%
-4% 3% 2%
1%
$284,265 -8%
-7%
-7%
-3%
50 -2% -4% -28%
660 -14%
-24%
$146 -1% -1%
1%
220 2%
2%
$137 -6% -1% 2%
50 -2% -4% -28% -26%
3.0 -16% -14% -26%
$146 -1% -1% 1% 4%
96.5% -1.1% -.2% 1.7%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median
List Price
of all
Current
November
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
November
Sales
Price
November Median
Number
of Properties
Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
November Month's Supply of Inventory
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
Property
Sales
350
November Property sales were 220, up 2.3% from 215 in
November of 2016 and 1.9% higher than the 216 sales last
300
Property
Sales 2017 sales were at their highest level
month. November
350
November
sales were
220, and
up 2.3%
215 in YTD sales 250
compared Property
to November
of 2016
2015. from
November
November
of 2016
and 1.9%
the year's
216 sales
last
300
of 2,497 are
running
0.3% higher
ahead than
of last
year-to-date
sales
200
month.
November 2017 sales were at their highest level
of 2,490.
$285,610 2,497
3%
$301,423
2%
-26%
56
0% 4%
-16% 3%
4%
$144
2%
2,497
0%
3%
$136
2%
56 -16%
-18%
-33%
3.6 -21%
$144
2%
2%
1.4%
96.6%
2%
-18%
2%
2%
-19%
2%
3 Mo Avg
3 Mo Avg
190
139
272
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
0
50
50
100
100
150
4%
3%
2%
150
200
$301,423
Number of Properties Sold
250
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$285,610
$137 -6% -1% 2% 3%
$136
2%
2%
3.0 -16% -14% -26% -33%
3.6 -21%
-19%
Number of 96.6%
Properties
96.5% -1.1% -.2% 1.7% 1.4%
2% Sold 2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
compared to November of 2016 and 2015. November YTD sales
of 2,497 are running 0.3% ahead of last year's year-to-date sales
of 2,490.
Trending versus*:
Prior YTD Prior Year
YTD
1%
-3%
County: Harford
Market Action Report
D J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
Prices
The Median Sales Price in November was $278,000, up 3.0%
from $270,000 in November of 2016 and down 3.6% from
Prices
340
The
Median last
Sales month.
Price in The
November
$278,000,
3.0%
$288,450
Average was
Sales
Price in up
November
was
320
from
$270,000
in November
2016 and in
down
3.6% from
$284,265,
down
6.6% from of $304,499
November
of 2016 and
340
$288,450
last from
month.
The Average
Sales Price
in November
was was 300
down 8.3%
$309,999
last month.
November
2017 ASP
$284,265,
down
6.6%
from $304,499
in November
of 2016
and 320
at the lowest
level
compared
to November
of 2016
and 2015.
down 8.3% from $309,999 last month. November 2017 ASP was 300 280
at the lowest level compared to November of 2016 and 2015.
Median Sales Price and Average Sales Price
3 Mo Avg
280 260
260 240
240 220
220 200
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
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
200
14 15
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,400
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
10.0
8.0
6.0
November
was 660,
14.2%
from 769
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
24.3% from
in down
November
last 769
year.
November
was 872
660,
14.2% of
from
last November
month and 2017
down 1,400 1,200
Inventory
at November
its lowest level
with November
of 1,200 1,000
24.3%
from was
872 in
of last compared
year. November
2017
Inventory
at its lowest level compared with November of
2016 and was
2015.
1,000 800
2016 and 2015.
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
MSI is better
for buyers.
November
2017 while
MSI a of 3.0 400
200
higher
MSI
is better
for buyers.
November
MSI of 3.0
months
was
at its lowest
level The
compared
with 2017
November
of 2016 200
months
was
at
its
lowest
level
compared
with
November
of
2016
0
and 2015.
0
and 2015.
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
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
14 15
16
17
4.0
2.0
0.0
S O N
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
22 | c
.
Data
provided
courtesy
of Coastal
Association REALTORS
of REALTORS
of MD, Metropolitan
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 is
provided
courtesy
o l of d Coastal
w e Association
l l b a of n
k e r of h MD,
o Inc.,
m e s c o Regional
m 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