MA ARCHIVED December 2017 | Page 24

Market Action Report
Howard
County: Howard
Market Action Report
County: Howard
December 2017
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
December 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$669,000
7%
15%
Other
$732,608 Trending
6% versus*:
15%
Month
LM 1%
L3M 2%
PYM 2%
LY
$462,500
$669,000
7% -1% -2%
15% -7%
$480,104
$732,608 538
6% -20% 15% -16%
$462,500 188
1% -15%
2% 2% -27%
1%
$480,104 -1%
-2%
-7%
-2%
51 2% 6% -4%
538 -20%
-16%
$201 5% 6% 6%
188 -15%
-27%
$176 -1% -2% -4%
51 2% 6% -4% 0%
2.9 -6% -12% 15%
$201 5% 6% 6% 6%
96.1% .2% -.2% -.9%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December Average Sales Price
December Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
December Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
Trending versus*:
YTD
Prior YTD 4%
Prior Year
$476,500
1%
-2%
$503,533
4%
2%
2%
$476,500 2,933
4%
$503,533
2%
0%
46
-1% 4%
-8% 2%
0%
1%
-10%
-16%
0%
0%
6%
$189
2,933
-1%
-2%
$183
46
-8%
-24%
3.2
$189
0%
-.5%
97.0%
-10%
0%
1%
-16%
0%
$176 -1% -2% -4% -2%
$183
1%
1%
2.9 -6% -12% 15% -24%
3.2 -16%
-16%
of 97.0%
Properties
96.1% .2% -.2% -.9% Number
-.5%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
400
December Property sales were 188, down 26.8% from 257 in
350
December of 2016 and 14.9% lower than the 221 sales last
Property
Sales 2017 sales were at their lowest level
month. December
400 300
December
sales were
188, and
down
26.8%
from 257 YTD
in sales
compared Property
to December
of 2016
2015.
December
350
December
of 2016
and 14.9%
lower than
221 year-to-date
sales last
of 2,933 are
running
1.4% behind
last the
year's
sales of 250
month.
December
2017
sales
were
at
their
lowest
level
2,975.
300
200
compared to December of 2016 and 2015. December YTD sales
Number of Properties Sold
3 Mo Avg
of 2,933 are running 1.4% behind last year's year-to-date sales of 250
150
2,975.
200
Prices
15
The Median Sales Price in December was $462,500, up 1.6%
600
Prices
from $455,000 in December of 2016 and up 1.2% from
The
Median last
Sales month.
Price in The
December
was
$462,500,
1.6%
$456,800
Average
Sales
Price in up
December
was 550
600
from
$455,000
in December
2016 and in up
1.2% from of 2016 and
$480,104,
down
7.3% from of $517,674
December
$456,800
last from
month.
The Average
Sales Price
in December
was was
down 1.2%
$485,725
last month.
December
2017 ASP
550 500
$480,104,
down
7.3%
from $517,674
in December
of 2016
and
at the lowest
level
compared
to December
of 2016
and 2015.
down 1.2% from $485,725 last month. December 2017 ASP was 500 450
at the lowest level compared to December of 2016 and 2015.
238
16
232
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
15
16
17
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 Price
J J A S O N D
Median Sales Price and Average Sales
3 Mo Avg
0
0
50
50
100
100
150
17
Median Sales Price and Average Sales Price
3 Mo Avg
450 400
400 350
350 300
2016 and 2015.
A comparatively lower MSI is more beneficial for sellers while a
800
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
December
was 538,
20.2%
from 674
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
15.5% from
in down
December
last 674
year.
December
was 637
538,
20.2% of
from
last December
month and 2017
down 1,200 1,000
15.5%
from 637
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 1,000
800
Inventory
at its lowest level compared with December of
2016 and was
2015.
600
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
400
Inventory & MSI
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 15
M 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 17
A M J J A S O N D
15
16
17
300
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.9 400
MSI is better
for buyers.
December
2017 while
MSI of
200
higher
MSI
is better
for level
buyers.
The December
2017 MSI of of 2016
2.9 and
months
was
at a mid
compared
with December
200
months
was
at
a
mid
level
compared
with
December
of
2016
and
0
2015.
0
2015.
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 N D
15
16
17
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage
| Price Range:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH - Con
24
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
e s . Types:
com
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 Sys