MA ARCHIVED September 2016 | Page 24
Market Action Report
September 2016
Howard
County: Howard
Agent Name
September 2016
Title
Phone
Agent
Name
Website
Title Other
Community Information
Price Range: All | Properties: SFH - Con
Phone
Website
Month
$594,000
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: AllList
| Properties:
SFHof
- Con
LM
Trending versus*:
L3M PYM LY
-0%
7%
$664,440 Trending
-1% versus*:7%
Month
LM -10%
L3M -8%
PYM -12%
LY
$426,500
$594,000
-0% -6% -6%
7% -9%
$463,435
$664,440 -1%
906 -6% 7% -9%
$426,500 -10% -8% -12% -6%
222 -29%
4%
$463,435 -6% -6% -9% -5%
52 27% 21% -10%
906 -6%
-9%
$194 4% 3% 2%
222 -29%
4%
52$176
27% -2%
21% -4%
-10% -0%
-5%
$194 4.1
4% 33%
3% 18%
2% -13%
4%
$17696.3%
-2% -1.1%
-4% -1.0%
-0% .8%
-1%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
September
Median
Sales Price
Median List Price of all Current Listings
September Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
September Median Sales Price
September Number of Properties Sold
September Average Sales Price
September Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
September Number of Properties Sold
September Sold Price per Square Foot
September Average Days on Market (Solds)
September Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
SeptemberSold
SalePrice
Price
vsSquare
List Price
September
per
FootRatio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales
400
September Property sales were 222, up 3.7% from 214 in
350
September of 2015 and 29.3% lower than the 314 sales last
Property
Sales 2016 sales were at their highest level
400
month. September
300
September Property sales were 222, up 3.7% from 214 in
compared to September of 2015 and 2014. September YTD 350
September of 2015 and 29.3% lower than the 314 sales last
sales of 2,232 are running 8.1% ahead of last year's year-to-date 250
month. September 2016 sales were at their highest level
300
sales of 2,065.
compared to September of 2015 and 2014. September YTD
200
0%
8%
0%
-7%
2%
2% -9%
-16%2%
0% 3%
-5%
50
4%
$189
2,232
8%
-1%
50 $182
-7%
-10% $189
3.9
2%
.3% $182 96.7%
2%
-9%
2%
3%
-14%
1%
3 Mo Avg
3 Mo Avg
150
222
314
306
367
308
238
186
169
122
243
223
214
282
320
347
275
207
179
108
179
167
203
193
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
Median Sales
13
14
15 Price and Average Sales
16 Price
3 Mo Avg
Prices
The Median Sales Price in September was $426,500, down
600
Prices
12.1% from $485,000 in September of 2015 and down 10.2%
The
Median
Sales last
Price
in September
was $426,500,
down
from
$475,000
month.
The Average
Sales Price
in
600
550
12.1%
from $485,000
in September
of 2015
and$508,979
down 10.2%
September
was $463,435,
down 8.9%
from
in
from
$475,000
last
month.
The
Average
Sales
Price
in
September of 2015 and down 5.8% from $491,807 last month.550
September was $463,435, down 8.9% from $508,979 in
500
September 2016 ASP was at the lowest level compared to
September of 2015 and down 5.8% from $491,807 last month.
September of 2015 and 2014.
500
September 2016 ASP was at the lowest level compared to
450
450
400
Median Sales Price and Average Sales Price
3 Mo Avg
400
350
350
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 13
D J 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 A16M J J A S
13
14
15
16
Inventory & MSI
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
872
799
718 872
668 799
695718
749
668
872
695
7491,009
1,090
872
1,093
1,009
1,082
1,090
1,042
1,093
1,054
1,082
936
1,042
848
1,054
786
813 936
846848
786
966
8131,073
846
1,075
966
1,081
1,060
1,073
1,0011,075
983 1,081
904 1,060
781 1,001
759
983
740
904
829
781
937
759
953
740
991
829
983
937
962
906 953
Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
of Properties
forlast
salemonth
as of and down 1,200
September
was 906,
down 5.8%available
from 962
1,200
September
906,
5.8% from
962
last month
and down
9.5% fromwas
1,001
indown
September
of last
year.
September
2016
1,000
9.5%
from 1,001
in September
of last
year. September
2016
Inventory
was at
its lowest level
compared
with September
of 1,000
800
Inventory
was
at
its
lowest
level
compared
with
September
of
2015 and 2014.
800
2015 and 2014.
600
A comparatively lower MSI is more beneficial for sellers while a 400 400
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The September 2016 MSI of 4.1
200
higher MSI is better for buyers. The September 2016 MSI of 4.1
months was at its lowest level compared with September of 2015200
months was at its lowest level compared with September of 2015
0
and 2014.
0
and 2014.
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
991
983
962
906
September of 2015 and 2014.
M JA JM AJ S J OAN SD OJ NF DM JA FM MJ AJ M
O N O
D N
J D
F MJ AF M
A SJ OJ NA DS JO FN MD A J MF J MJ AA MS J J A S
14
15
16
13 13 14
15
16
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
Types:Types:
SFH - Con
24 | c
222
314
306
367
308
238
186
169
122
243
175
223
214
282
320
347
275
207
179
133
108
179
167
203
193
244
233
265
183
151
110
106
246
244
233
265
246
183
151
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
13
14
15
16
110
178
0
163
178
0
50
106
50
100
150
100
163
150