MA ARCHIVED October 2016 | Page 22

Market Action Report October 2016
Community Information
Market Action Report October 2016

County : Harford

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
$ 325,000
0 %
8 %
Average List Price of all Current Listings
$ 376,221
1 %
11 %
October Median Sales Price
$ 299,350
5 %
4 %
11 %
11 %
$ 279,000
1 %
3 %
October Average Sales Price
$ 306,855
-1%
3 %
6 %
6 %
$ 293,898
1 %
2 %
Total Properties Currently for Sale ( Inventory )
893
-7%
-20%
October Number of Properties Sold
198 -17%
-14%
2,266
11 %
October Average Days on Market ( Solds )
72
13 %
16 %
1 %
-9%
66
-15%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 145
1 %
1 %
-3%
5 %
$ 142
3 %
3 %
October Sold Price per Square Foot
$ 130
-0%
-3%
-0%
2 %
$ 132
2 %
3 %
October Month ' s Supply of Inventory
4.5
12 %
15 %
-7%
-22%
4.5
-23%
-22%
October Sale Price vs List Price Ratio
94.6 %
-. 6 % -. 9 % -. 7 %
. 5 %
95.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
350
October Property sales were 198 , down 13.9 % from 230 in
October of 2015 and 17.2 % lower than the 239 sales last month .
300
Property
October 2016 Sales sales were at a mid level compared to October of
350
October
2015 and Property 2014 . sales October were YTD 198 , sales down of 13.9 2,266 % from are 230 running 11.1 %
250
October ahead of of last 2015 year and ' s 17.2 year-to-date % lower than sales the of 239 2,040 sales . last month .
October 2016 sales were at a mid level compared to October of
300
200
2015 and 2014 . October YTD sales of 2,266 are running 11.1 %
250
ahead of last year ' s year-to-date sales of 2,040 .
150
200
100
150
100
50
Prices
The Median Sales Price in October was $ 299,350 , up 10.9 %
Prices from $ 269,950 in October of 2015 and up 5.0 % from $ 285,000
340
The last Median month Sales . The Price Average in October Sales Price was $ in 299,350 October , up was 10.9 $ % 306,855 , from up 6.4 $ 269,950 % from in $ 288,395 October of in 2015 October and of up 2015 5.0 % and from down $ 285,000 0.6 % from
340
320
last
$ 308,647 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 306,855 highest , level up 6.4 % from $ 288,395 in October of 2015 and down 0.6 % from
320 compared to October of 2015 and 2014 .
$ 308,647 last month . October 2016 ASP was at the highest level
300
300
280
compared to October of 2015 and 2014 .
280
260
50 0
0
Number of Properties Sold
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
13
14
15
16
J
F M A M J
14
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
15
16
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
133 153 78 83 136 125 201 199 215 184 189 183 140 168 126 113 158 185 217 263 290 266 192 230 188 193 165 139 190 184 274 309 272 296 239 198
N D 13
260 240
240 220

Harford

Agent Name
133 153 78
220
200
200
N
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
D
13
J
F
14 M A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M A
16 M J
J
A S O
A S O
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
October Total Inventory was 893 , down of Properties 6.9 % from available 959 last for sale month as of and down
1,400
October
20.1 % from was 893 1,118 , down in October 6.9 % from of last 959 year last . month October and 2016 down
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
20.1
Inventory % from 1,118 was at in its October lowest of level last compared year . October with 2016 October of 2015
1,200
1,000
Inventory and 2014 was . at its lowest level compared with October of 2015
1,000 and 2014 .
800
800
600
12.0
10.0
8.0
10.0
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while a
600
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 4.5
400 higher months MSI was is better at its lowest for buyers level . The compared October with 2016 October MSI of 4.5 of 2015 months was at its lowest level compared with October of 2015
200 and 2014 . and 2014 .
0
6.0
400
4.0
200
2.0
0
0.0
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 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
13
14
15
16
13
14
15
16
4.0
2.0
0.0
1,017 988 973 969 1,001
1,136
Title Phone Website Other

Community Information

83 136
1,017 988 973 969 1,001 125 201 199
1,136 1,229 1,269 215 184
1,229 1,269 1,251 1,237 1,294 1,233
1,115 189
Number of Properties Sold
183 140
1,251 1,237 1,294 1,233
1,115
168 126
1,025 975 971 1,031
1,152
113
1,025 975 971 1,031 158 185 217
1,219 1,255 1,222 1,203 1,164 263 290 266 192
1,152 1,219 1,255 1,222 1,203 1,164 1,118 230 188
1,118 1,043 941 904 898 966
193 165 139 190 184
1,016 1,044 1,047 1,033 970 959 893
3 Mo Avg
274 309
3 Mo Avg
1,043 941 904 898 966 1,016 1,044 1,047 1,033 970
272
3 Mo Avg
296
959
893 239 198
22 | 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 : All | 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 .