Maryland Real Estate Market Activity, March 7, 2011, New ...

A count of the properties that have been newly listed on the market in a given month.

Last Three Months
4,400 3,900

Current Activity

One Year Ago

For the Week Ending 12/4/2010 12/11/2010 12/18/2010 12/25/2010 1/1/2011 1/8/2011 1/15/2011 1/22/2011 1/29/2011 2/5/2011 2/12/2011 2/19/2011 2/26/2011 3-Month Total

Current Activity 2,900 2,664 2,352 1,657 1,602 3,161 3,071 3,069 2,626 3,145 3,184 3,326 3,103 35,860

One Year Ago 2,978 2,789 2,209 1,295 1,875 3,400 3,644 3,618 3,730 3,393 2,055 3,309 3,793 38,088

+/- 2.6% - 4.5% + 6.5% + 28.0% - 14.6% - 7.0% - 15.7% - 15.2% - 29.6% - 7.3% + 54.9% + 0.5% - 18.2% - 5.8%

3,400

2,900

2,400

1,900

1,400

900 12/4/10 12/11/10 12/18/10 12/25/10 1/1/11 1/8/11 1/15/11 1/22/11 1/29/11 2/5/11 2/12/11 2/19/11 2/26/11

Historical New Listing Activity
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011

All data provided by RealEstate Business Intelligence, LLC | An MRIS Company. This report may be reproduced by MRIS members. Data current as of March 7, 2011. Powered by 10K Research and Marketing. | Click for Cover | 2

Pending Sales
A count of the properties that have offers accepted on them in a given month.

Last Three Months
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000 800 12/4/10 12/11/10 12/18/10 12/25/10

Current Activity

One Year Ago

For the Week Ending 12/4/2010 12/11/2010 12/18/2010 12/25/2010 1/1/2011 1/8/2011 1/15/2011 1/22/2011 1/29/2011 2/5/2011 2/12/2011 2/19/2011 2/26/2011 3-Month Total

Current Activity 1,679 1,646 1,671 1,255 1,184 1,538 1,898 2,064 2,002 2,299 2,301 2,545 2,524 24,606

One Year Ago 1,708 1,557 1,471 925 1,045 1,449 1,779 1,984 2,085 1,988 1,173 1,875 2,250 21,289

+/- 1.7% + 5.7% + 13.6% + 35.7% + 13.3% + 6.1% + 6.7% + 4.0% - 4.0% + 15.6% + 96.2% + 35.7% + 12.2% + 15.6%

1/1/11

1/8/11

1/15/11

1/22/11

1/29/11

2/5/11

2/12/11

2/19/11

2/26/11

Historical Pending Sales Activity
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011

All data provided by RealEstate Business Intelligence, LLC | An MRIS Company. This report may be reproduced by MRIS members. Data current as of March 7, 2011. Powered by 10K Research and Marketing. | Click for Cover | 3

Inventory of Homes for Sale
The number of properties available for sale in active status at the end of the month.

Last Three Months
64,500

Current Activity

One Year Ago

For the Week Ending 12/4/2010 12/11/2010 12/18/2010 12/25/2010 1/1/2011 1/8/2011 1/15/2011 1/22/2011 1/29/2011 2/5/2011 2/12/2011 2/19/2011 2/26/2011

Current Activity 63,364 61,975 61,230 60,132 59,614 56,507 56,481 56,203 55,899 54,753 54,297 53,942 53,479 57,529

One Year Ago 61,215 60,712 60,149 59,347 59,021 56,398 56,866 57,232 57,537 57,420 57,656 57,724 57,746 58,386

+/+ 3.5% + 2.1% + 1.8% + 1.3% + 1.0% + 0.2% - 0.7% - 1.8% - 2.8% - 4.6% - 5.8% - 6.6% - 7.4% - 1.5%

62,500

60,500

58,500

56,500

54,500

52,500 12/4/10 12/11/10 12/18/10 12/25/10 1/1/11 1/8/11 1/15/11 1/22/11 1/29/11 2/5/11 2/12/11 2/19/11 2/26/11

3-Month Avg

Historical Inventory Activity
97,000 87,000 77,000 67,000 57,000 47,000 37,000 27,000 17,000 7,000 1-2003 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011

All data provided by RealEstate Business Intelligence, LLC | An MRIS Company. This report may be reproduced by MRIS members. Data current as of March 7, 2011. Powered by 10K Research and Marketing. | Click for Cover | 4

Days on Market Until Sale
The average number of days between when a property is first listed and when an offer is accepted. Sold properties only.

January
124

Month February March April 97 86 May June July August September October November December January 2009 2010 2011 12-Month Avg

Current Activity 86 85 78 74 72 71 76 81 83 86 90 97 80

One Year Previous 123 119 110 108 100 95 92 91 90 84 85 86 98

+/- 30.3% - 29.0% - 29.6% - 31.5% - 28.0% - 24.9% - 17.5% - 10.6% - 7.7% + 1.5% + 5.8% + 13.8% - 17.8%

-24.3%

+13.4%

Historical Days on Market Until Sale
140 120

100

80

60

40

20 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011

All data provided by RealEstate Business Intelligence, LLC | An MRIS Company. This report may be reproduced by MRIS members. Data current as of March 7, 2011. Powered by 10K Research and Marketing. | Click for Cover | 5

Median Sales Price
The median sales price for all closed sales in a given month. Sold properties only. Does not account for seller concessions.

January
$250,000 $245,000 $238,000

Month February March April May June July August September October November December January 2009 2010 2011 12-Month Avg

Current Activity $250,000 $250,000 $260,000 $268,800 $280,000 $285,000 $281,000 $265,000 $265,000 $268,000 $260,000 $238,000 $265,000

One Year Previous $245,700 $253,000 $252,500 $270,000 $280,000 $280,000 $275,000 $260,000 $255,000 $255,000 $260,000 $245,000 $262,129

+/+ 1.8% - 1.2% + 3.0% - 0.4% 0.0% + 1.8% + 2.2% + 1.9% + 3.9% + 5.1% 0.0% - 2.9% + 1.1%

-2.0%

-2.9%

Historical Median Sales Price
$375,000 $350,000

$325,000

$300,000

$275,000

$250,000

$225,000 1-2004 1-2005 1-2006 1-2007 1-2008 1-2009 1-2010 1-2011

All data provided by RealEstate Business Intelligence, LLC | An MRIS Company. This report may be reproduced by MRIS members. Data current as of March 7, 2011. Powered by 10K Research and Marketing. | Click for Cover | 6

View the original article here