MA ARCHIVED February 2018 | Page 42

HARFORD

Community Information
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
$ 1,250,000
-4%
-29%
Average List Price of all Current Listings
$ 1,283,915
-10%
-30%
February Median Sales Price
$ 1,206,000
0 %
-51% -20%
$ 1,206,000
-51%
-20%
February Average Sales Price
$ 1,206,000
-21% -51% -24%
$ 1,206,000
-51%
-24%
Total Properties Currently for Sale ( Inventory )
13
0 %
0 %
February Number of Properties Sold
1
0 %
1
0 %
February Average Days on Market ( Solds )
24
-63% -96% -85%
24
-96%
-85%
Asking Price per Square Foot ( based on New Listings )
$ 213
3 %
13 % -12%
3 %
$ 210
-5%
1 %
February Sold Price per Square Foot
$ 175
20 %
-26%
$ 175
0 %
-26%
February Month ' s Supply of Inventory
13.0
0 %
27 %
0 %
-16%
13.0
0 %
-16%
February Sale Price vs List Price Ratio
93.5 %
1.5 % 30.4 % 7.8 %
93.5 %
30 %
8 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , equal to 1 in February of 2017 and higher than the 0 sales last month . February 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of 1 are running equal to last year ' s year-to-date sales of 1 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 1,206,000 , down 51.3 % from $ 2,475,000 in February of 2017 and up from $ 0 last month . The Average Sales Price in February was $ 1,206,000 , down 51.3 % from $ 2,475,000 in February of 2017 and up from $ 0 last month . February 2018 ASP was at the lowest level compared to February of 2017 and 2016 .
0
-1
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
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
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
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
16
17
18
0 1 1 2 1 0 2 1 1 0 2 1 0 0 1 1 0 0 0 0 1 0 0 1 0 1 1 1 1 0 1 1 0 2 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of February was 13 , equal to 13 last month and equal to 13 in February of last year . February 2018 Inventory was at its highest level compared with February of 2017 and 2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2018 MSI of 13.0 months was at its highest level compared with February of 2017 and 2016 .
25 20 15 10 5 0
25
20
15
10
10
5
11
12
10
17
11
Total Inventory & Month ' s Supply of Inventory ( MSI )
14 14 14
12
17
14
11
14
11
10 10 10 10
13
11 11 11 11 11 11
10
10
16
11
15
11
17 16
13 14
8
7
13
8
8
15
16 16
18
20
15
18 18
16 16 15 15
0 0.0
M A M AJ MJ AJ SJ OA NS DO JN FDMJ
AF MJ AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF
N D J F
15 15
16 16
17 17
18 18
15
17
14
7
8
13
15
16
16
20
18
16
13 13
16
25.0
20.0
15.0
15
10.0
5.0
13
13
25.0 20.0 15.0 10.0 5.0 0.0
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