Harford
MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Harford
County: Harford
February 2016
February 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,575,000 5%
Median List Price of all Current Listings
7%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$1,884,292
Average List
Price of&
allTrends
Current Listings
-34%
$1,575,000
Median
List
Price
of
all
Current
Listings
5%
7%
$1,212,000
$1,042,000
February Median Sales Price
19%
8%
5%
-13%
-9%
$1,884,292
Average
List
Price of
all Current
-1%
$1,212,000 19%
February
Average
Sales
Price Listings
6% -34%
-5% $1,084,667
-10%
-15%
$1,212,000
February
Median Currently
Sales Price
8% 20%
5% $1,042,000
-13%
-9%
12 19%
Total Properties
for Sale (Inventory)
9%
$1,212,000
$1,084,667
February
Average
Sales
Price
19%
6%
-5%
-10%
-15%
1 -50%
3 200%
February Number of Properties Sold
12
Total
Properties
Currently
Sale (Inventory)
90 9% 157% 20% -27%
30
February
Average
Days onfor
Market
(Solds)
-75%
-76%
1 -50%
February
Number
of Properties
Sold on New Listings)
$143
$1953 200%
Asking Price
per Square
Foot (based
-35% -27%
-35%
-11%
90
30 -100%
February
Days
Market
(Solds)
157%
-27%
-75%
-76%
$0
$0
FebruaryAverage
Sold Price
peron
Square
Foot
-100%
-100%
$143
$195
12.0 118%
8.8
Asking
Price
per Square
Foot
(based on New Listings)
-35% -27%
-35%
-11%
February
Month's
Supply
of Inventory
37%
5%
9%
-23%
$0 -3.0% ####
$0 -100%
97.0%
98.9%
February
Square
-100%
-100%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.5%
7.1%
2.5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date12.0
| Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
8.8 (flat)9%
February
Month's Supply of Inventory
118% 37%
5%
-23%
of Properties
97.0% -3.0% #### Number
98.9% Sold
February Sale Price vs List Price Ratio
.5%
7.1%
2.5%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 3YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
The Median Sales Price in February was
$1,212,000, up from $0 in February of 2015 and
Prices
up 18.7% from $1,021,000 last month. The Average
The Median Sales Price in February was
Sales Price in February was $1,212,000, up from $0
$1,212,000, up from $0 in February of 2015 and
in February of 2015 and up 18.7% from $1,021,000
up 18.7% from $1,021,000 last month. The Average
last month. February 2016 ASP was at the highest
Sales Price in February was $1,212,000, up from $0
level compared to February of 2015 and 2014.
in February of 2015 and up 18.7% from $1,021,000
last month. February 2016 ASP was at the highest
level compared to February of 2015 and 2014.
3 Mo Avg
2
2
1
1
0
1
0
0
1
1
0
0
0
0
1
1
1
1
0
0
2
0
0
1
0
0
0
1
1
0
0
1
1
2
1
0
2
1
1
0
2
1
1
2
0
Prices
Number of Properties Sold
2
3
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
13
14
15
16
0
0
1
1
0
0
0
0
1
1
1
1
0
0
2
0
0
1
0
0
0
1
1
0
0
1
1
2
1
0
2
1
1
0
2
1
February Property sales were 1, up from 0 in
February ofSales
2015 and 50.0% lower than the 2 sales
Property
last month.
February
at 0their
February
Property
sales2016
weresales
1, upwere
from
in
highest
level
compared
to
February
of
February of 2015 and 50.0% lower than2015
the 2and
sales
2014.
February
YTD sales
3 are
running
200.0%
last
month.
February
2016 of
sales
were
at their
ahead of last year's year-to-date sales of 1.
highest level compared to February of 2015 and
2014. February YTD sales of 3 are running 200.0%
ahead of last year's year-to-date sales of 1.
M A M J J Median
A S O N D
J F M
A M Jand
J AAverage
S O N D Sales
J F M A
M J J A S O N D J F
Sales
Price
Price
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
(000's)
13
1,700
1,600
Median Sales Price and Average Sales Price
1,500
1,700
Median means Middle (the same # of properties sold above and below the Median)
(000's)
3 Mo Avg
1,400
1,600
1,300
1,500
1,200
1,400
1,100
1,300
1,000
1,200
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
13
14
15
16
1,100
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
Total Inventory
& Month's Supply
of Inventory (MSI) 16
13
14
15
Inventory & MSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
9
13
12
12
11
12
18
16
16
16
16
16
16
13
12
12
11
12
11
9
11
14
14
15
15
14
14
13
13
15
15
13
13
13
13
12
12
11
11
10
10
10
10
10
10
11
11
11
11
11
11
11
11
14
14
15
15
13
13
9
9
8
8
10
10
11
11
12
12
13
13
18
20
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 12, up 9.1% from 11 last month and up
18
Inventory
&inMSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
20.0% from 10
February of last year. February 2016
16
20
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
14
February
12, up
9.1%
from 11 last month and up
18
Februarywas
of 2015
and
2014.
12
20.0% from 10 in February of last year. February 2016
16
10
Inventory was at its highest level compared with
148
February
of 2015 and
2014.
A comparatively
lower
MSI is more beneficial for sellers
126
while a higher MSI is better for buyers. The February
104
2016 MSI of 12.0 months was at its highest level
82
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
60
while a higher MSI is better for buyers. The February
4 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
2016 MSI of 12.0 months was at its highest level
14
15
16
2 13
compared
February
2015Range:
and 2014.
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