MA ARCHIVED November 2017 | Page 6

Market Action Report November 2017
Title Phone Community Information Website Other
Market Action Report November 2017

County : Anne Arundel

Price Range : All | 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
$ 470,382
-1%
9 %
Average List Price of all Current Listings
$ 610,303
-3%
5 %
November Median Sales Price
$ 355,000
1 %
1 %
11 %
6 %
$ 353,250
5 %
5 %
November Average Sales Price
$ 415,439
1 %
0 %
5 %
4 %
$ 418,365
5 %
5 %
Total Properties Currently for Sale ( Inventory )
1,727 -12%
-14%
November Number of Properties Sold
477 -13%
0 %
6,138
2 %
November Average Days on Market ( Solds )
58
-3%
2 %
-16% -16%
59
-14%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 206
2 %
1 %
2 %
1 %
$ 206
1 %
1 %
November Sold Price per Square Foot
$ 193
-0%
0 %
1 %
2 %
$ 194
3 %
3 %
November Month ' s Supply of Inventory
3.6
2 %
-3%
-14% -16%
3.6
-17%
-15%
November Sale Price vs List Price Ratio
95.3 %
-. 6 %
-. 7 %
. 3 %
. 1 %
96.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Anne Agent Arundel

Name

Title Phone Community Information Website Other

Property Sales
900
November Property sales were 477 , equal to 477 in November of
2016 and 13.1 % lower than the 549 sales last month . November
800
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to November of
900
700
November
2016 and Property 2015 . November sales were YTD 477 , sales equal of to 6,138 477 in are November running of 1.9 %
2016 and 13.1 % lower than the 549 last month . November
800 ahead of last year ' s year-to-date sales of 6,025 .
600
2017 sales were at their highest level compared to November of
700
500
2016 and 2015 . November YTD sales of 6,138 are running 1.9 % ahead of last year ' s year-to-date sales of 6,025 .
600
400
500
300
400
200
300
100
200
0
100
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
14
15
16
17
Prices
The Median Sales Price in November was $ 355,000 , up 11.0 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 319,900 in November of 2016 and up 1.4 % from
The
$ 350,000 Median last Sales month Price . in The November Average was Sales $ 355,000 Price in , up November 11.0 % was from
$ 415,439 $ 319,900 , up 4.8 in November % from $ 396,317 of 2016 in and November up 1.4 % from of 2016 and up
440
440
420
Median Sales Price and Average Sales Price
3 Mo Avg
$
1.4 350,000 % from last $ 409,552 month . The last Average month . Sales November Price in 2017 November ASP was was at the
$ 415,439 , up 4.8 % from $ 396,317 in November of 2016 and up
420 highest level compared to November of 2016 and 2015 .
1.4 % from $ 409,552 last month . November 2017 ASP was at the
400
400
380
highest level compared to November of 2016 and 2015 .
380
360
360
340
340 320
447 280 307
447 280 307 426 486 541 699 616 566 512 520 415 493 334 350 507 541 660 777 643 647 554 535 477 540 373 353 576 603 680 792 595 621 519 549 477
320
300
300
D
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
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 & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
November Total Inventory was 1,727 of , Properties down 11.5 available % from 1,952 for sale last as month of and
3,000
November down 13.7 was % from 1,7272,002 , down in 11.5 November % from 1,952 of last last year month . November and
3,000
9.0
2,500 down 201713.7 Inventory % from was 2,002 at in its November lowest level of last compared year . November with November
8.0
2,500
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
2,000
7.0 of 2016 and 2015 .
2,000
6.0
1,500
5.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0 higher MSI is better for buyers . The November 2017 MSI of 3.6
500 higher MSI is better for buyers . The November 2017 MSI of 3.6
2.0 months was at its lowest level compared with November of
2016500 months was at its lowest level compared with November of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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
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
2,323 2,244
2,323 2,244 2,224
2,391
2,649 426 486 541 699 616 566
2,834 2,842 2,830 2,832 2,848 2,730
2,224 2,391
512 520
2,479 2,219 2,089 2,060
2,235
Number of Properties Sold
415
2,649 2,834 2,842 2,830 2,832 2,848 2,730
2,479 493 334 350
2,219 2,089 2,060
507 541 660 777
2,404 2,466 2,470 2,488 2,367 2,391
643 647 554
2,235 2,404 2,466 2,470 2,488 2,367 2,391 2,245 535 477
2,245
2,002 1,776 1,718 1,724 1,884 540 373
2,002 1,776 1,718 1,724 353 576 603 680
2,011 2,039 2,153 2,119 2,096 2,066 1,952
792
1,727 595 621
1,884 2,011 2,039 2,153 2,119 2,096 2,066
3 Mo Avg
519 549
1,952 1,727
477
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
6 | c o l d w e l l b a n k e r h o m e s . c o m
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 .