The June 2019 Anne Arundel County MD Real Estate Market Statistics are covered below with the corresponding graphs and charts displayed at the bottom. These statistics are invaluable in understanding how to price a home for sale or how to determine what to offer on a home you may want to purchase in the Anne Arundel County MD area.
Click GoldenResults.com/definitions for an explanation of any of the GetSmartCharts.com data that is derived from BrightMLS. These graphs and charts are set to automatically update mid month so check back to see the trends or data for the current Anne Arundel County MD Real Estate Market.
The first green chart for Anne Arundel County MD Real Estate Market Statistics is closed sales. In June 2019, the closed sales were 918 with a five year June average of 970 closed sales.
The second blue New Pendings chart shows a 5 year June average of 977 with a June 2019 increase to 1058.
The gold Active Listings Chart shows a 5 year average of 2727 with a decreased number of 2447 listings for June 2019.
The orange chart shows a 5 year June average of 4 months of supply vs a decreased June 3.5 months of supply. Four to six months is a healthy market. Under four months is a Seller's Market so Anne Arundel County MD Real Estate Market Statistics show a June 2019 Seller's Market.
The purple new listings chart displays a June 2019 number of 1295 as a five year average with the identical number of 1295 for June 2019 itself.
The Median Sale price 5 year average is $343,777 with a June 2109 increase to $378,135.
The lime green median list price for actives shows a five year average of $429,960 versus a June 2019 increase to $475,000.
The average sales price for 5 years of $406,090 has increased to $442,567 for June 2019.
The average list price of actives is a five year number of $572,438 which has increased to $623,325 in June 2019.
The aqua chart of Median Days on market has decreased to 30 days from a five year average of 41 days in Anne Arundel County MD.
The average days on market for Anne Arundel County MD Real Estate Market Statistics is a 5 year 78 days vs a June 2019 decreased number of 56 days.
The gold median sale to original list price ratio is a five year June average of 98.4% to a June 2019 price of 98.9%. This means Sellers are closer to getting their original list price.
The green average sale to orignal list price ratio chart shows a June average of 97.1% raised to a June 2109 number of 98%. Again, this translates into the Sellers getting closer to their original list price.
The median sale price per square foot is a 5 year average of $203 lowered to a June 2019 number of $184.
The red chart showed the median list price per square foot for active listings. The $220 5 year average lowered to a June 2019 $207 average.
The purple average sales price per square feet lowered from a five year $220 average to a June 2019 number of $201.
The last graph shows the average list price per square foot of active listings which lowered from a 5 year June average of $264 to a June 2019 average of $247.
This covers the Anne Arundel County MD Real Estate Market Statistics for June 2019. These charts and graphs will update the middle of each month so you can remain abreast of the current Anne Arundel County MD Real Estate Market. Also, check out the Anne Arundel County MD active listings for detached homes prices $200,000 to $300,000 below!
If you would like a Golden Results Price Workout on the value of your home OR an analysis of the market in which you would like to purchase your home, call or email Cheryl Ritchie, RE/MAX Leading Edge, 301-980-7566 or GoldenGirl@GoldenResults.com for the Golden Results you deserve. These Anne Arundel County MD Real Estate Market Statistics are a good jumpstart for understanding any local Maryland Market.
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(all data current as of 10/19/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.