Howard County Real Estate Market Update, November 2009

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Howard County
New Listings Closed Sales Pending Sales Median Sales Price* Percent of Original List Price Received at Sale* Average Days on Market Until Sale Single-Family Detached Inventory Townhouse-Condo Inventory

November
2008 299 137 158 $360,000 90.9% 117 1,028 695 2009 274 255 222 $319,200 94.1% 90 780 423 Change - 8.4% + 86.1% + 40.5% - 11.3% + 3.6% - 22.5% - 24.1% - 39.1%

Year to Date
2008 5,603 2,510 2,553 $377,000 93.4% 111 --2009 4,796 2,663 2,955 $340,000 93.2% 100 --Change - 14.4% + 6.1% + 15.7% - 9.8% - 0.2% - 9.6% ---

*Does not account for seller concessions. Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved.

Activity—Most Recent Month
299 274
2008 2009

Activity—Year to Date
5,603 255 4,796
2008 2009

137

2,510

2,663

- 8.4% New Listings

+ 86.1% Closed Sales

- 14.4% New Listings

+ 6.1% Closed Sales

Median Sales Price
$360,000 $319,200
2008 2009

Percent of Original List Price Received at Sale
$377,000 $340,000 90.9% 94.1%
2008 2009

93.4%

93.2%

- 11.3% November

- 9.8% Year to Date

+ 3.6% November

- 0.2% Year to Date

Days on Market Until Sale
117 90
2008 2009

Inventory of Homes for Sale
111 1,028 100 780
2008 2009

695 423

- 22.5% November

- 9.6% Year to Date

- 24.1% Single-Family Detached

- 39.1% Townhouse-Condo Attached

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. This report may be reproduced by MRIS members.

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