Anne Arundel Market Watch 6/2011
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Transcript of Anne Arundel Market Watch 6/2011
8/6/2019 Anne Arundel Market Watch 6/2011
http://slidepdf.com/reader/full/anne-arundel-market-watch-62011 1/2
June 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Market Profile & Trends Overview LM L3M PYM LY Prior YTD Prior Year
Median List Price of all Current Listings
Average List Price of all Current Listings
June Median Sales Price
June Average Sales Price
Total Properties Currently for Sale (Inventory)
June Number of Properties Sold
June Average Days on Market (Solds)
June Month's Supply of Inventory
June Sale Price vs List Price Ratio
Property SalesJune Property sales were 517, down 13.1% from 595
in June of 2010 and 13.1% higher than the 457 saleslast month. June 2011 sales were at their lowest level
compared to June of 2010 and 2009. June YTD salesof 2,487 are running 1.5% behind last year's year-to-
date sales of 2,525.
7.0 8.6
96.5% 95.8%* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Number of Properties Sold
92 101
$345,659 $350,867
3,640
517 2,487
$355,750
$515,120$285,000 $285,000
MARKET ACTION REPORT
County: Anne Arundel
Trending versus*: Trending versus*:
Month YTD
4 2 8
4 4 4
4 1 0
3 7 3
2 7 2
3 1 1
2 1 1 2
5 2
3 5 6
3 7 1 4
3 3
5 2 6
5 0 6
4 7 9
5 0 6
5 2 7
4 9 6
3 9 0
2 3 0
2 6 3
4 0 8
5 1 1
5 1 8 5
9 5
4 1 8
4 4 4
4 1 0
3 6 2
3 6 8
3 7 2
3 0 6
3 3 7
4 0 6 4
6 4
4 5 7
0
100
200
300
400500
600
700
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
3 Mo Avg
Prices
Inventory & MSIThe Total Inventory of Properties available for sale as of
June was 3,640, down 1.6% from 3,701 last month and
down 11.5% from 4,112 in June of last year. June 2011
Inventory was at its lowest level compared with June of 2010 and 2009.
Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker Resi
he 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
Median Sales Price and Average Sales Price
The Median Sales Price in June was $285,000, down
10.9% from $320,000 in June of 2010 and down
1.7% from $290,000 last month. The Average SalesPrice in June was $345,659, down 8.4% from
$377,551 in June of 2010 and up 3.1% from $335,305
last month. June 2011 ASP was at the lowest level
compared to June of 2010 and 2009.
Total Inventory & Month's Supply of Inventory (MSI)
A comparatively lower MSI is more beneficial for sellers
while a higher MSI is better for buyers. The June 2011
MSI of 7.0 months was at a mid level compared with June
of 2010 and 2009.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
4 2 8
4 4 4
4 1 0
3 7 3
2 7 2
3 1 1
2 1 1 2
5 2
3 5 6
3 7 1 4
3 3
5 2 6
5 0 6
4 7 9
5 0 6
5 2 7
4 9 6
3 9 0
2 3 0
2 6 3
4 0 8
5 1 1
5 1 8 5
9 5
4 1 8
4 4 4
4 1 0
3 6 2
3 6 8
3 7 2
3 0 6
3 3 7
4 0 6 4
6 4
4 5 7
0
100
200
300
400500
600
700
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
250270290310330350370
390410430450
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
Median means Middle (the same # of properties sold above and below the Median)
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
4 ,
5 9 0
4 ,
4 9 9
4 ,
4 3 8
4 ,
2 5 0
3 , 9 7 2
3 ,
6 9
1
3 ,
6 5
5
3 ,
7 6 5
3 , 8
8 3
3 , 9 6 3
4 ,
0 2 7
4 ,
0 4 1
3 ,
9 9 1
3 , 8
8 8
3 , 8
3 1
3 ,
6 7
5
3 ,
4 8 5
3 ,
3 0 1
3 ,
2 9 0
3 ,
2 8 6
3 ,
5 3 7
3 , 8
0 1
3 ,
9 3 8
4
, 1 1 2
4 ,
0 7 5
4 ,
0 1 1
4 ,
0 0 4
3 , 8
2 3
3 ,
5 4 2
3 ,
3 3 8
3 ,
2 7 1
3 ,
2 7 1
3 ,
4 2 6
3 ,
6 7
0
3 ,
7 0
1
3 ,
6 4 0
0
2
4
6
8
2
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
(000's)
3 Mo Avg
3 Mo Avg
8/6/2019 Anne Arundel Market Watch 6/2011
http://slidepdf.com/reader/full/anne-arundel-market-watch-62011 2/2
June 2011
Price Range: All | Properties: Single Family - Condo - TwnHm
Market Time
Selling Price vs Original Listing Price
Selling Price versus Listing Price Ratio
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 June 2011 Selling Price vs Original List Price of
96.5% was equal to 96.5% last month and down from
96.9% in June of last year.
MARKET ACTION REPORT
County: Anne Arundel
Days On Market for Sold Properties
The average Days On Market (DOM) shows how many
days the average Property is on the market before itsells. 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 June was 92, up 3.4% from 89 days last month
and up 5.7% from 87 days in June of last year. The June
2011 DOM was at a mid level compared with June of
2010 and 2009.
97
8792
50
6070
8090
100110
120130
140150
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Average Days on Market (Listing to Contract) for properties sold during the month
96.7%96.9%
96.5%
96%
96%
97%
97%
98%
98%
99%
99%100%
100%Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
Inventory / New Listings / Sales
Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
he 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.
Inventory / New Listings / Sales
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
June 2011 was 835, down 10.2% from 930 last month
and down 15.6% from 989 in June of last year.
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
97
8792
50
6070
8090
100110
120130
140150
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Average Days on Market (Listing to Contract) for properties sold during the month
96.7%96.9%
96.5%
95%
96%
96%
97%
97%
98%
98%
99%
99%100%
100%
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M J
Avg Selling Price divided by Avg Listing Price for sold properties during the month
4 ,
5 9 0
4 ,
4 9 9
4 ,
4 3 8
4 ,
2 5 0
3 ,
9 7 2
3 ,
6 9 1
3 ,
6 5 5
3 ,
7 6 5
3 ,
8 8 3
3 ,
9 6 3
4 ,
0 2 7
4 ,
0 4 1
3 ,
9 9 1
3 ,
8 8 8
3 ,
8 3 1
3 ,
6 7 5
3 ,
4 8 5
3 ,
3 0 1
3 ,
2 9 0
3 ,
2 8 6
3 ,
5 3 7
3 ,
8 0 1
3 ,
9 3 8
4 ,
1 1 2
4 ,
0 7 5
4 ,
0 1 1
4 ,
0 0 4
3 ,
8 2 3
3 ,
5 4 2
3 ,
3 3 8
3 ,
2 7 1
3 ,
2 7 1
3 ,
4 2 6
3 ,
6 7 0
3 ,
7 0 1
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,5005,000
J08
A S O N D J09
F M A M J J A S O N D J10
F M A M J J A S O N D J11
F M A M
Inventory New Listings Sales
3 Mo Avg
3 Mo Avg