MA ARCHIVED April 2017 | Page 6

Market Action Report April 2017
Title Phone Community Information Website Other
Market Action Report April 2017

County : Anne Arundel

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
$ 489,900
5 %
15 %
Average List Price of all Current Listings
$ 661,095
7 %
19 %
April Median Sales Price
$ 355,000
9 %
8 %
9 %
6 %
$ 330,000
5 %
-1%
April Average Sales Price
$ 435,108
16 %
9 %
13 %
9 %
$ 400,878
9 %
1 %
Total Properties Currently for Sale ( Inventory )
1,881
4 %
-22%
April Number of Properties Sold
586
3 %
8 %
1,882
9 %
April Average Days on Market ( Solds )
59 -17% -14% -27% -14%
69
-19%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 219
3 %
5 %
6 %
7 %
$ 208
0 %
2 %
April Sold Price per Square Foot
$ 200
2 %
3 %
9 %
6 %
$ 194
8 %
3 %
April Month ' s Supply of Inventory
3.2
1 %
-14% -28% -25%
3.9
-25%
-8%
April Sale Price vs List Price Ratio
97.4 %
1.6 % 1.7 % 2.3 % 2.3 %
95.7 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Anne Agent Arundel

Name

Title Phone Community Information Website Other

Number of Properties Sold
3 Mo Avg
Property Sales
900
April Property sales were 586 , up 8.3 % from 541 in April of 2016 and 2.6 % higher than the 571 sales last month . April 2017 sales
800
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to April of 2016 and
2015900 .
700
April Property YTD sales sales of were 1,882586 are , up running 8.3 % from 8.7 % 541 ahead in April of last of 2016 year ' s and 2.6 % higher than the 571 sales last month . April 2017 sales
800 year-to-date sales of 1,732 .
600
were at their highest level compared to April of 2016 and 2015 . April YTD sales of 1,882 are running 8.7 % ahead of last year ' s year-to-date sales of 1,732 .
700
600
500
400
500
300
400
200
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 355,000 , up 9.2 % from
M
14
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Prices
$ 325,000 in April of 2016 and up 9.2 % from $ 325,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 355,000 April was , up $ 435,108 9.2 % from , up
$
12.8 325,000 % from in April $ 385,826 of 2016 in and April up of 9.2 2016 % from and $ up 325,000 16.0 % last from
440
440
420
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 375,120 . The last Average month Sales . April Price 2017 in April ASP was $ at 435,108 the highest , up level
12.8 % from $ 385,826 in April of 2016 and up 16.0 % from
420 compared to April of 2016 and 2015 .
$ 375,120 last month . April 2017 ASP was at the highest level
400
400
380
compared to April of 2016 and 2015 .
380
360
360
340
340
320
320
300
300
M
M
J
14
J
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
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 1,881 Inventory , up 3.8 % of from Properties 1,813 last available month for and sale down as of 21.7 April % from
3,500 was
2,401 1,881 in , April up 3.8 of % last from year 1,813 . April last month 2017 Inventory and down was 21.7 % at from its lowest
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
2,401 level in compared April of last with year April . April of 2016 2017 and Inventory 2015 . was at its lowest level compared with April of 2016 and 2015 .
3,000
2,500
2,500
2,000
8.0
7.0
6.0
2,000
1,500
5.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
3.0 higher MSI is better for buyers . The April 2017 MSI of 3.2
1,000 higher MSI is better for buyers . The April 2017 MSI of 3.2
2.0 months was at its lowest level compared with April of 2016 and
500 months was at its lowest level compared with April of 2016 and
500
1.0
2015 .
0
2015 .
0
0.0
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 N D J
F M A
14
15
16
17
14
15
16
17
485 576 503 498 448 442 375 447
485 576 503 498 448 442 375 447 280 307 426 486 541 699 616 566 512 520 415 493 334 350 507 541 660 777 643 647 554 535 477 539 373 352 571 586
2,726 2,878 2,905 2,876 2,858 2,826 2,573
2,726 2,878 2,905 2,876 2,858 2,826
2,573 2,323 2,244 2,224
280
2,323 2,244
307
2,391 2,649
426 486 541 699 616
2,834 2,842 2,829 2,831 2,847 2,729
2,224 2,391
566 512 520 415
2,649 2,834 2,842 2,829 2,831 2,847 2,729
2,478
493
2,218 2,088
2,478 2,218 2,088 2,059 2,232 2,401 334 350 507 541 660
2,464 2,467 2,484 2,361 2,382
2,059 2,232 2,401
777 643 647 554
2,464 2,467 2,484 2,361 2,382 2,233
535
2,233
1,988 1,754 1,687 1,686 1,813
477
1,881 539 373
1,988 1,754 1,687 1,686
352 571
1,813 1,881
586
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
6 | 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 .