MA ARCHIVED February 2016 | Page 6

Anne Arundel

MARKET ACTION REPORT
MARKET
County: AnneACTION
Arundel REPORT

County: Anne Arundel

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*:
$1,597,500 0%
Median List Price of all Current Listings
-3%
LM L3M PYM
LY
Market
Profile
Overview
Month -0%
YTD Prior YTD Prior Year
$2,040,236
Average List
Price of&
allTrends
Current Listings
2%
$1,597,500
Median
List
Price
of
all
Current
Listings
0%
-3%
$1,125,000
$1,300,000
February Median Sales Price
-15% -13% -17% -13%
-13%
0%
$2,040,236
Average
List
Price of
all Current
-0% -19% -21%
2% -25% $1,378,882
$1,168,333 -18%
February
Average
Sales
Price Listings
-14%
-11%
$1,125,000
February
Median Currently
Sales Price
-13%
0%
168 -15%
Total Properties
for Sale (Inventory)
9% -13% -17%
14% -13% $1,300,000
$1,168,333
$1,378,882
February
Average
Sales
Price
-18%
-19%
-21%
-25%
-14%
-11%
3 -79%
17
February Number of Properties Sold
-40%
55%
168
Total
Properties
Currently
Sale (Inventory)
9%
147 -27%
192
February
Average
Days onfor
Market
(Solds)
-3% 14%
35%
4%
70%
35%
3 -79%
17 -13%
February
Number
of Properties
Sold on New Listings)
55%
$375
$357
Asking Price
per Square
Foot (based
18%
-3% -40%
4%
-3%
-8%
147 -27%
192 -16%
February
Days
Market
(Solds)
-3% -26%
35% -17%
4%
70%
35%
$302
$363
FebruaryAverage
Sold Price
peron
Square
Foot
-21% -10%
0%
$375
$357
56.0 409%
33.5
Asking
Price
per Square
Foot
(based on New Listings)
18% 122%
-3% 90%
4% 195%
-3%
-13%
-8%
February
Month's
Supply
of Inventory
23%
77%
$302 -1.6%
$363
89.5%
90.3%
February
Square
-21% -2.5%
-10% -4.8%
-26% -3.6%
-17%
-16%
0%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
-.5%
-2.8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date56.0
| Arrows indicate if Month / YTD values are higher (up), lower (down) or33.5
unchanged (flat)
February
Month's Supply of Inventory
409% 122% 90% 195%
23%
77%
of Properties
89.5% -1.6% -2.5% Number
90.3% Sold
February Sale Price vs List Price Ratio
-4.8% -3.6%
-.5%
-2.8%3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 20
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

18
Number of Properties Sold
3 Mo Avg
16
20
14
18
12
16
10
148
126
104
82
60
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
14
15
16
2 13
0

7
13
18
14
16
11
13
15
18
10
10
9
7
10
15
18
13
17
17
19
7
9
6
5
15
8
8
16
9
10
17
17
11
18
14
3

7
13
18
14
16
11
13
15
18
10
10
9
7
10
15
18
13
17
17
19
7
9
6
5
15
8
8
16
9
10
17
17
11
18
14
3

Property Sales

February Property sales were 3, down 40.0% from 5
in FebruarySales
of 2015 and 78.6% lower than the 14
Property
sales lastProperty
month. February
sales40.0%
were atfrom
their5
February
sales were2016
3, down
lowest
level
compared
to
February
of
2015
and
in February of 2015 and 78.6% lower than the 14
2014.last
February
sales of
17 are
running
sales
month. YTD
February
2016
sales
were at54.5%
their
ahead of last year's year-to-date sales of 11.
lowest level compared to February of 2015 and
2014. February YTD sales of 17 are running 54.5%
ahead of last year's year-to-date sales of 11.

Prices

The Median Sales Price in February was
$1,125,000, down 17.4% from $1,362,000 in
Prices
February of 2015 and down 15.1% from $1,325,500
The Median Sales Price in February was
last month. The Average Sales Price in February
$1,125,000, down 17.4% from $1,362,000 in
was $1,168,333, down 21.3% from $1,484,000 in
February of 2015 and down 15.1% from $1,325,500
February of 2015 and down 18.0% from $1,424,000
last month. The Average Sales Price in February
last month. February 2016 ASP was at the lowest
was $1,168,333, down 21.3% from $1,484,000 in
level compared to February of 2015 and 2014.
February of 2015 and down 18.0% from $1,424,000
last month. February 2016 ASP was at the lowest
level compared to February of 2015 and 2014.

Inventory & MSI

M A M J J Median
A S O N D
J F M
A M and
J J AAverage
S O N D Sales
J F M Price
A M J J A S O N D J F
Sales
Price
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)

(000's)
13

2,300

(000's)
2,100

2,300
1,900

Median Sales Price and Average Sales Price
Median means Middle (the same # of properties sold above and below the Median)

3 Mo Avg

2,100
1,700
1,900
1,500

1,700
1,300
1,500
1,100
1,300
1,100

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

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
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

172
172
202
202
213
213
223
223
206
206
189
189
195
195
192
192
174
174
151
151
147
147
158
158
167
167
209
209
226
226
249
249
255
255
233
233
221
221
218
218
191
191
162
162
151
151
147
147
173
173
201
201
217
217
218
218
220
220
208
208
223
223
207
207
178
178
158
158
154
154
168
168

300
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 168, up 9.1% from 154 last month and up
250
Inventory
&inMSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
14.3% from 147
February of last year. February 2016
300
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
200
February
168, and
up 9.1%
Februarywas
of 2015
2014.from 154 last month and up
250
14.3% from 147 in February of last year. February 2016
150
Inventory was at its highest level compared with
200
100
February
of 2015 and
2014.
A comparatively
lower
MSI is more beneficial for sellers
while a higher MSI is better for buyers. The February
150
50
2016 MSI of 56.0 months was at its highest level
100
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
0
while a higher MSI is better for buyers. The February
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
50
2016 MSI of 56.0 months was at its highest level
13
14
15
16
compared
February
2015Range:
and 2014.
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property0 Types: SFH - Condo

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association
of Realtors
Banker
M A Mof JRealtors
J AMLS
S and
O Sussex
N D County
J F M
A M MLS
J JandAmay
S not
O reflect
N DallJrelevant
F Mreal
A estate
M Jactivity.
J A Coldwell
S O N
D J F
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller
13 to verify any and all information relevant
14 to such consumer’s real estate transaction.
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo

of Metropolitan
Services
6Data is| provided
c ocourtesy
ldw
e l l b aRegional
n k eInformation
rhom
e s .Incorporated,
c o m The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
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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60
40
50
30
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30
10
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