MA ARCHIVED October 2016 | Page 6

Market Action Report

County: Anne Arundel

Market Action Report

October 2016

Anne Arundel

County: Anne Arundel

Agent Name

Title
Phone
Agent
Name
Website
Other
Title

October 2016

Community Information

Price Range: All | Properties: SFH - Con

Phone
Month
Website

Market Profile & Trends Overview
Median
List Price of all Current Listings
Pric e Range: All | Properties: SFH - Con

LM

Trending versus*:
L3M PYM
LY

$449,945
1%
13%
Other
$610,123 Trending
2% versus*:
16%
Month
LM 2%
L3M 0%
PYM 7%
LY
$342,000
$449,945
1% 10% 4%
13% 6%
$420,699
$610,1232,096
2% -9% 16% -23%
$342,000 521
2% -5%
0% 7% 0%
4%
$420,699 10%
4%
6%
7%
67 6% 10% -15%
2,096 -9%
-23%
$217 1% 5% 7%
521 -5%
0%
$198 7% 4% 3%
67 6% 10% -15% -16%
4.0 -4% 2% -23%
$217 1% 5% 7% 9%
95.5% -.1% -.3% 1.7%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings

Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
October
Sales
Price
OctoberMedian
Number
of Properties
Sold
October Average Sales Price

October Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

October Number of Properties Sold

October Sold Price per Square Foot

October Average Days on Market (Solds)

October Month's Supply of Inventory

Asking Price per Square Foot (based on New Listings)

October Sale Price vs List Price Ratio

October Sold Price per Square Foot

October Sale Price vs List Price Ratio

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

Trending versus*:
YTD
Prior YTD 1%
Prior Year
$337,500

4%
7%

$397,487

2%
1%

1%

$337,500 5,526
1%
$397,487
1%
-16%
69

12%2%
-13%1%
9%
$205
1%
5,526
12%
6%
$187
-1%
69 -13%
-14%
-27%
4.3 -23%
$205
1%
3%
1.4%
95.3%
1%

-14%
3%
-1%
-22%
1%

$198 7% 4% 3% 6%
$187
-1%
-1%
4.0 -4% 2% -23% -27%
4.3 -23%
-22%
Number of95.3%
Properties
95.5% -.1% -.3% 1.7% 1.4%
1% Sold 1%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

October Month's Supply of Inventory

Trending versus*:
Prior YTD Prior Year

YTD

3 Mo Avg

900

October Property sales were 521, up 0.2% from 520 in October
800
of 2015 and 5.1% lower than the 549 sales last month. October
Property
2016 salesSales
were at their highest level compared to October of 900 700
October
Property
wereYTD
521,sales
up 0.2%
from 520
in October
2015 and
2014. sales
October
of 5,526
are running
11.6%
800 600
ofahead
2015 and
5.1%
lower
than the 549sales
salesoflast
month. October
of last
year's
year-to-date
4,953.
2016 sales were at their highest level compared to October of
700 500

3 Mo Avg

600 400

Prices

13

14

500
480
460
440
420
400
380
360
340
320
300

521

549

646

643

521

549

646

643

776

659

541

507

350

334

493

415

520

512

566

616

699

541

486

426

307

280

447

375

442

15

3 Mo Avg

16

Median Sales Price and Average Sales Price

3 Mo Avg

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

16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16

1,500
A comparatively lower MSI is more beneficial for sellers while 1,500
a 1,000
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a4.0 1,000
500
higher
MSI
is better
for buyers.
Octoberwith
2016October
MSI of 4.0
months
was
at its lowest
level The
compared
of 2015
500
0

10.0
10.0

2,238
2,061
2,0082,238
2,090
2,061
2,215
2,008
2,507
2,090
2,725
2,215
2,877
2,507
2,904
2,725
2,875
2,877
2,857
2,904
2,825
2,875
2,572
2,857
2,322
2,825
2,243
2,223 2,572
2,322
2,390
2,243
2,648
2,223
2,833
2,390
2,841
2,648
2,828
2,833
2,830
2,846
2,841
2,7262,828
2,475 2,830
2,215
2,846
2,084
2,726
2,053 2,475
2,219
2,215
2,384
2,084
2,443
2,053
2,439
2,219
2,448
2,384
2,310
2,443
2,298
2,096 2,439

2,000

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

8.0

2,448
2,310
2,298
2,096

Inventory & MSI

The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,500
October
was 2,096,
8.8%available
from 2,298
last as
month
The
Total Inventory
ofdown
Properties
for sale
of and down
23.1% from
2,726 down
in October
of last
year.last
October
October
was 2,096,
8.8% from
2,298
month 2016
and down 3,5003,000
23.1%
from 2,726
October
lastcompared
year. October
Inventory
was atinits
lowestof
level
with2016
October of 2015
3,0002,500
Inventory
was at its lowest level compared with October of 2015 2,500
and 2014.
2,000
and 2014.

months
was at its lowest level compared with October of 2015
and 2014.
and 2014.

776

659

541

507

350

334

493

415

520

512

566

616

699

541

486

426

307

280

447

375

442

448

498

503

485

403

324

272

576

448

498

503

576

485

403

324

382

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
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
Median Sales Price and Average Sales Price

0

$381,288 last month. October 2016 ASP was at the highest level 440
420
compared to October of 2015 and 2014.
400
380
360
340
320
300

230

0

100

The Median Sales Price in October was $342,000, up 6.9% from
Prices
$319,950 in October of 2015 and up 2.1% from $335,000 last
The
Median
Sales
Price Sales
in October
$342,000,
6.9% fromup
month.
The
Average
Pricewas
in October
wasup$420,699,
500
$319,950
in October
of in
2015
and up
6.4% from
$395,281
October
of2.1%
2015from
and $335,000
up 10.3% last
from
480
month.
Thelast
Average
Sales
Price in2016
October
up level
$381,288
month.
October
ASPwas
was$420,699,
at the highest
460
6.4%
from $395,281
in October
2015
and up 10.3% from
compared
to October
of 2015 of
and
2014.

382

100

272

200

230

300

324

500 300
400 200

324

2015 and 2014. October YTD sales of 5,526 are running 11.6%
ahead of last year's year-to-date sales of 4,953.

Number of Properties Sold

6.0
4.0
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 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
13 14
15
16

Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range:
All | Property
Types: SFH - Con
Copyright
Brokerage
Price
All e
| Property
6
| © Coldwell
c o lBanker
d wRe sidential
ellb
a n k| e
rRange:
hom
s . cTypes:
o mSFH - 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
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
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.

8.0
6.0
4.0
2.0
0.0