MA ARCHIVED February 2018 | Page 6

Market Action Report
County: Anne Arundel
ANNE
ARUNDEL
Market Action Report
Community
County: Anne Information
Arundel
Price Range: $1,000,000 and Up | Properties: SFH - Con
February 2018
Agent Name
Phone
Website
Month
Other
Trending versus*:
LM L3M PYM
LY
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 14.8
February
Month's
Inventory
February Sale Price vs List Price Ratio
15 10
10 5
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
3 Mo Avg
3 Mo Avg
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 February 2018 Selling Price per Square Foot of $380 was up
1.8% from $374 last month and down 12.0% from 432 in
February of last year.
3 Mo Avg
600
550
500
432
450
380
400
350
302
250
200
17
17
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
The Median Sales Price in February was $1,595,000, up 13.5%
Prices
2,900
from
$1,405,000
in February
of 2017
and up 16.8%
from
The
Median
Sales Price
in February
was $1,595,000,
up 13.5%
$1,365,000
last in
month.
The of Average
Sales
Price from
in February 2,900 2,700
from
$1,405,000
February
2017 and
up 16.8%
was $1,883,000,
down The
34.1%
from Sales
$2,858,333
February of 2,700 2,500
$1,365,000
last month.
Average
Price in in
February
2017
and up 14.9%
$1,638,333
last month.
February
2,500 2,300
was
$1,883,000,
down from
34.1%
from $2,858,333
in February
of 2018
ASP and
was up
at 14.9%
a mid from
range $1,638,333
compared last
to February
of 2017 2018
and 2016.
2017
month. February
2,300 2,100
ASP was at a mid range compared to February of 2017 and 2016. 2,100
1,900
1,900 1,700
1,700 1,500
1,500 1,300
1,300
1,100
3 Mo Avg
3 Mo Avg
80.0%
80%
60%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
50.0
40.0 40.0
30.0 30.0
20.0 20.0
50 10.0 10.0
0 0.0 0.0
50.0
M A M
M A J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N
F M
J J A A M S J O J N A D S J O F N D J F
D A J M F M
15 15
16
17
18
16
17
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Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
6 Copyright
| © Coldwell
Copyright
© coldwellbankerluxury.com
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
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 bu yer or seller to verify any and all information relevant to such consumer’s real estate transaction.
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.
100
150
60.0
200
60.0
250
Total Inventory & Month's Supply of Inventory (MSI)
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 February 2018 was 41, up 127.8% from 18 last month and up
32.3% from 31 in February of last year.
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
88.9%
85.6%
0%
Inventory & MSI
The Total Inventory of Properties available for sale as of
100 100
100%
20%
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
18
150 150
120%
40%
M A 15
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 J F
15
16
17
18
The Total Inventory of Properties available for sale as of
February was 148, up 13.0% from 131 last month and up 2.1% 250 250
February was 148, up 13.0% from 131 last month and up 2.1%
from 145
145 in in
February
year.
February
2018
Inventory
from
February
of of
last last
year.
February
2018
Inventory
was was 200
200
mid level
level
compared
with
February
of 2017
2016.
at at a a mid
compared
with
February
of 2017
and and
2016.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,100
Median Sales Price and Average Sales Price
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 88.9% was up from 85.1% last month and up from
80.0% in February of last year.
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
Selling Price per Square Foot
Selling Price per Square Foot
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
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
February
2018
of 14.8 50
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 14.8
months
at at
its its
lowest
level
compared
with with
February
of 2017
months was
was
lowest
level
compared
February
of 2017
0
and
and 2016.
2016.
117
300
15
Prices
119
100
0
20
5
147
150
50
25
20
0
28%
-4%
6%
-13%
-4%
Number of Properties Sold
2017 and 2016. February YTD sales of 19 are running 5.6%
ahead of last year's year-to-date sales of 18.
30
February Property sales were 10, up 233.3% from 3 in February
of 2017 and
11.1% higher than the 9 sales last month. February
Property
Sales
30
2018 sales
were at
their
highest
compared
February
Property
sales
were
10, up level
233.3%
from 3 to
in February
February of
2017
and
2016.
February
YTD
sales
of
19
are
running
5.6%
of 2017 and 11.1% higher than the 9 sales last month. February
25
ahead
of last
year-to-date
sales
of 18. to February of
2018
sales
were year's
at their
highest level
compared
1%
149
38%
-5%
-5%
19 $342
6%
149 $378
38% -19% 28%
7%
-5% -49% -4%
-12% $342 14.7
-19% -1% 6%
-1.7% $378 87.1%
2% 7% -69% -12%
14.7 -49%
-13%
88.9% 4.5% -.7% 11.1% -1.7%
-1% Sold -4%
Number of 87.1%
Properties
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property Sales
4%
6% 9%
200
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
3%
19
-3%
4%
9%
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
$1,457,500
$1,767,105
3%
-3%
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
$1,457,500
$1,767,105
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
14%
17%
250
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
YTD
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 February was 117, down 36.8%
from 185 days last month and down 1.7% from 119 days in
February of last year. The February 2018 DOM was at its lowest
level compared with February of 2017 and 2016.
3 Mo Avg
300
February Average
Number
of Properties
Sold
February
Sales
Price
Trending versus*:
Prior YTD Prior Year
Market Time
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
YTD
Title
Phone
Website
Other
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
February
Price Listings
Average
List Average
Price of Sales
all Current
Agent Name
Price Range: $1,000,000 and Up | Properties: SFH - Con
Average List Price of all Current Listings
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
ANNE ARUNDEL
County: Anne Arundel
Community Information
$1,382,500 1%
-11%
$1,908,168 Trending
-2% versus*:
-10%
Month
LM L3M PYM
LY
$1,595,000
$1,382,500
1% 17% 10%
-11% 14%
$1,883,000
$1,908,168
-2% 15% 14%
-10% -34%
$1,595,000 148
17% 13%
10% 14% 2%
14%
10 11%
$1,883,000 15%
14% -34% 233%
17%
148 117
13% -37% -6%
2% -2%
10 $340
11% -2% -6%
233% -3%
117 $380
-37% 2%
-6% 14%
-2% -12%
1%
$340 14.8
-2% 2%
-6% 7%
-3% -69%
-5%
$380 88.9%
2% 4.5%
14% -.7%
-12% 11.1%
7%
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
February 2018
Market Profile & Trends Overview
Listings
February 2018
Title
Phone
Agent
Name
Website
Title
Other
Market Action Report
50
0
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
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16
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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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