MARKET ACTION REPORT April 2010

County: Anne Arundel

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 $375,000
Average List Price of all Current Listings $542,764
April Median Sales Price $295,000 $290,000
April Average Sales Price $346,114 $347,253
Total Properties Currently for Sale (Inventory) 3,538
April Number of Properties Sold 448 1,344
April Average Days on Market (Solds) 104 105
April Month's Supply of Inventory 7.9 10.7
April Sale Price vs List Price Ratio 96.8% 95.4%
* 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)

Number of Properties Sold 3 Mo Avg

800
Property Sales
700
710

April Property sales were 448, up 20.8% from 371 in

600
637

April of 2009 and 10.1% higher than the 407 sales

603

595

last month. April 2010 sales were at their highest 500

527
526
506

506
500

496
479
466

448
400

444
level compared to April of 2009 and 2008. April

436
435

433
428
423
422

410

407
404

388
373

371
366

356
YTD sales of 1,344 are running 12.9% ahead of last 300 349

311
277

272

262
year's year-to-date sales of 1,190.

252
200

227
211
100
0
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 M A
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Median Sales Price and Average Sales Price

(000's)
Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg
Prices 450
The Median Sales Price in April was $295,000, up 430
3.5% from $285,000 in April of 2009 and up 2.6% 410
390
from $287,500 last month. The Average Sales Price
370
in April was $346,114, up 0.8% from $343,294 in 350
April of 2009 and up 3.6% from $333,994 last 330
month. April 2010 ASP was at a mid range 310
compared to April of 2009 and 2008. 290
270
250
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 M A
07 08 09 10

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
5,000 20
The Total Inventory of Properties available for sale as of
4,500 18
4,630
4,586
4,578

April was 3,538, up 3.7% from 3,411 last month and down
4,516

4,495
4,487
4,481
4,477

4,457

4,432
4,416
4,306

4,000 16
4,245
4,197

4,126

-10.5% from 3,955 in April of last year. April 2010

4,032
4,017

3,980
3,967

3,955
3,921
3,917
3,877

3,877

3,872
3,810

3,500 14
3,760
3,687
3,650

3,652

Inventory was at its lowest level compared with April of

3,538
3,459

3,411

3,000 12
3,260
3,234
3,206

2009 and 2008.

2,500 10
2,000 8
A comparatively lower MSI is more beneficial for sellers 1,500 6
while a higher MSI is better for buyers. The April 2010 1,000 4
MSI of 7.9 months was at its lowest level compared with 500 2
April of 2009 and 2008. 0 0
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 M A
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 April 2010
County: Anne Arundel
Price Range: All | Properties: Single Family - Condo - TwnHm

Days On Market for Sold Properties

Market Time 150
Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg
The average Days On Market (DOM) shows how many 140
days the average Property is on the market before it 130
sells. An upward trend in DOM tends to indicate a move 120
towards more of a Buyer's market, a downward trend a 101 104
110 100
move towards more of a Seller's market. The DOM for 100
April was 104, down -1.0% from 105 days last month 90
and up 4.0% from 100 days in April of last year. The 80
April 2010 DOM was at a mid level compared with April 70
of 2009 and 2008. 60
50
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 M A
07 08 09 10

Selling Price versus Listing Price Ratio

Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg
100%
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the 99%
average amount that Sellers are agreeing to come down
from their original list price. The lower the ratio is 98%
below 100% the more of a Buyer's market exists, a ratio 97.3%
at or above 100% indicates more of a Seller's market. 96.8%
97% 96.4%
The April 2010 Selling Price vs Original List Price of
96.8% was down from 97.2% last month and up from
96.4% in April of last year. 96%

95%
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 M A
07 08 09 10

Inventory / New Listings / Sales

Inventory / New Listings / Sales 5,000 Inventory New Listings Sales
4,500
4,630

This last view of the market combines monthly

4,586
4,578

4,516

4,495
4,487
4,481
4,477

4,457

4,432
4,416
4,306

4,000
4,245
4,197

4,126

inventory of Properties for sale along with New Listings 4,032

4,017

3,980
3,967

3,955
3,917
3,921
3,877

3,877

3,872
3,810
3,500
3,760
3,687
3,650

3,652
and Sales. The graph shows the basic annual

3,538
3,459

3,411
3,000

3,260
3,234
3,206
seasonality of the market as well as the relationship
2,500
between these items. The number of New Listings in
2,000
April 2010 was 1,270, up 12.6% from 1,128 last month
1,500
and up 35.0% from 941 in April of last year.
1,000
500
0
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 M A
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.