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