Anne Arundel Market Watch 6/2011

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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

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4 0 8

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5 1 8 5

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3 6 2

3 6 8

3 7 2

3 0 6

3 3 7

4 0 6 4

6 4

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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

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

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2 1 1 2

5 2

3 5 6

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3 3

5 2 6

5 0 6

4 7 9

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0

100

200

300

400500

600

700

J08

A S O N D J09



F M A M

250270290310330350370

390410430450

J08

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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 ,

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4 ,

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4,500

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J08

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F M A M J

(000's)

3 Mo Avg

3 Mo Avg

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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

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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

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

Avg Selling Price divided by Avg Listing Price for sold properties during the month

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500

1,000

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3,000

3,500

4,000

4,5005,000

J08

A S O N D J09



F M A M

Inventory New Listings Sales

3 Mo Avg

3 Mo Avg

Documents

Anne Arundel Market Watch 6/2011