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Howard - MAY Market Report
Howard - MAY Market Report
Howard - MAY Market Report
County: Howard
Price Range: All | Properties: Single Family - Condo - TwnHm
Trending versus*: Trending versus*:
Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year
Median List Price of all Current Listings $449,900
Average List Price of all Current Listings $557,202
May Median Sales Price $345,000 $341,000
May Average Sales Price $395,946 $394,218
Total Properties Currently for Sale (Inventory) 1,495
May Number of Properties Sold 287 1,115
May Average Days on Market (Solds) 58 66
May Month's Supply of Inventory 5.2 6.3
May Sale Price vs List Price Ratio 97.6% 97.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2009) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
350
May of 2009 and 4.0% higher than the 276 sales last
341
330
300
313
308
303
month. May 2010 sales were at their highest level
287
281
250
276
273
273
272
269
261
252
compared to May of 2009 and 2008. May YTD sales
245
238
235
200
222
212
212
209
205
202
of 1,115 are running 25.4% ahead of last year's year-
188
183
182
181
150
174
168
146
to-date sales of 889.
144
138
136
100
123
50
0
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 M A M
07 08 09 10
2,023
2,006
2,006
1,990
1,951
1,935
10
1,904
1,888
1,872
1,859
1,859
1,695
1,652
1,500
1,631
1,596
1,590
1,577
2008. 8
1,537
1,530
1,529
1,495
1,488
1,424
1,420
1,399
1,365
1,296
1,224
6
1,211
1,204
1,000
A comparatively lower MSI is more beneficial for sellers 4
while a higher MSI is better for buyers. The May 2010 500
2
MSI of 5.2 months was at its lowest level compared with
May of 2009 and 2008. 0 0
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 M A M
07 08 09 10
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of Metropolitan Regional Information Services Incorporated and The Coastal Association of Realtors MLS 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.
MARKET ACTION REPORT May 2010
County: Howard
Price Range: All | Properties: Single Family - Condo - TwnHm
95%
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 M A M
07 08 09 10
2,023
2,006
2,006
1,990
1,951
1,935
1,904
1,888
1,872
1,859
1,859
1,695
1,652
1,500
1,631
1,596
1,590
1,577
1,530
1,495
1,488
1,424
1,420
1,399
1,365
between these items. The number of New Listings in
1,296
1,224
1,211
1,204
1,000
May 2010 was 507, down -29.4% from 718 last month
and up 3.3% from 491 in May of last year.
500
0
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 M A M
07 08 09 10
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of Metropolitan Regional Information Services Incorporated and The Coastal Association of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage does not warrant or
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.