MA ARCHIVED September 2016 | Page 7

Market Action Report

County: Anne Arundel

September 2016

Anne Arundel
Agent Name
Title
Phone
Website
Other

Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for September was 204, up 264.3%
from 56 days last month and up 87.2% from 109 days in
September of last year. The September 2016 DOM was at a mid
level compared with September of 2015 and 2014.

3 Mo Avg

300
250
204

200

150

114

109

100
50
0
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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The September 2016 Selling Price per Square Foot of $317 was
down 3.8% from $329 last month and down 33.6% from 477 in
September of last year.

3 Mo Avg

600
550
477

500
450

399

400
350

317

300
250
200
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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
95%
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The September 2016 Selling Price vs
Original List Price of 89.6% was down from 91.3% last month
90%
and down from 89.8% in September of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

89.8%

89.6%

86.0%

85%

80%
75%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

240

226

239

229

255

249

226

218
182

165

150

176

154

220

205

218

206

217

216

200
172

146

151

191
162

221

218

209
167

158

151

100

147

150

192

200

226

250

233

300

174

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in September 2016 was 33, up 22.2% from 27 last
month and down 19.5% from 41 in September of last year.

50
0
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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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.

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