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8/6/2019 Market Report for Howard County April 2011
1/2
Dow n - 2 2 % Dow n - 4 % Up 6 % Up 3 9 %
Un its Sold
Act ive Inv entor y
Med ian Sale Price
Focu s On : How ar d Cou n ty Hou s in g Mar k e t Ap r il 2011
Un it s Sold Act iv e In v en tor y Med ian Sa le Pr ice Day s On Mark et
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Fosters
knowledgeable and experienced sales associates.
2 1 6 1 ,4 9 3 $ 3 5 9 ,9 5 0 7 5
Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago
There was an increase in total units sold in April, with 216
sold this month in Howard County versus 209 last month, an
increase of 3%. This month's total units sold was lower than
at this time last year, a decrease of 22% versus April 2010.
Versus last year, the total number of homes available this
month is lower by 61 units or 4%. The total number of active
inventory this April was 1,493 compared to 1,554 in April
2010. This month's total of 1,493 is higher than the previous
month's total supply of available inventory of 1,352, an
increase of 10%.
Last April, the median sale price for Howard County Homes
was $338,000. This April, the median sale price was $359,950,
an increase of 6% or $21,950 compared to last year. The
current median sold price is 14% higher than in March.
Median sale price is the middle sale price in a given month. The same number
of properties are above & below the median.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not
reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not
constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
0
50
100
150
200
250
300
350
400
A-09 A-09 D-09 A-10 A-10 D -10 A-11
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
A-09 A-09 D-09 A-10 A-10 D-10 A-11
0
20
40
60
80
100
120
A-09 A-09 D -09 A-10 A-10 D-10 A-11
0
500
1,000
1,500
2,000
A-09 A-09 D-09 A-10 A-10 D-10 A-11
0
50
100
150
200
250
Units Sold*Sold Detached Sold Attached Sold Condo/ Coop
0
200
400
600
800
1,000
1,200
1,400
1,6001,800
2,000
Act ive Inv entory*Active Detached Active Attached Active Condo/ Coop
A p r - 1 0$338,000
A p r - 1 1$359,950
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000400,000
Median Sale Price
8/6/2019 Market Report for Howard County April 2011
2/2
Dow n - 1 9 % Dow n - 3 3 % No Ch an ge Up 2 3 %
Month s of Sup ply
New List ings & Cu rr en t Contr acts
Sale Price to List Price Rat io
Days On Mark e t
Focu s On : How ar d Cou n ty Hou s in g Mar k e t Ap r il 2011
New Lis t in gs Cu r ren t Con tr acts Sold Vs . Lis t Pr ice Mon th s o f Su p p ly5 9 4 2 9 8 9 6 .9 % 6 .9
Vs. Year Ago Vs. Year Ago Vs. Year Ago Vs. Year Ago
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Fosters
knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not
reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not
constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
In April, there was 6.9 months of supply available in Howard
County, compared to 5.6 in April 2010. That is an increase of
23% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It
indicates how many months would be needed to sell all of the inventory
available at the current rate of demand.
This month there were 594 homes newly listed for sale in
Howard County compared to 730 in April 2010, a decrease of
19%. There were 298 current contracts pending sale this April
compared to 448 a year ago. The number of current contracts
is 33% lower than last month.
In April, the average sale price in Howard County was 96.9%
of the average list price, which is similar compared to a year
ago.
This month, the average number of days on market was 75,
higher than the average last year, which was 54, an increase
of 39%.
0
100
200
300
400
500
600
700
800
A-09 A-09 D-09 A-10 A-10 D -10 A-11
94%
95%
96%
97%
98%
99%
100%
A-09 A-09 D-09 A-10 A-10 D-10 A-11
0
5
10
A-09 A-09 D -09 A-10 A-10 D-10 A-11
0
100
200
300
400
500
A-09 A-09 D-09 A-10 A-10 D-10 A-11
8.1
7.2
5.0
4.7 5
.2 5.7
5.2
5.1
6.1
8.5
7.6
6.1
5.6
5.1
4.9
7.4
6.8
7.6
7.47.6
6.3
9.39.4
6.5 6
.9
0
1
2
3
4
5
6
7
8
9
10
Month s Of Sup ply
0
100
200
300
400
500
600
700800
New List ings & Curr ent ContractsNumber of New Listings Total Pending
0
20
40
60
80
100
120
95%
96%
96%
97%
97%
98%
98%
Sale Price/ List Price & DOMAvg Sale / Avg List Average DOM