Howard County Real Estate Market Update, September 2009
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Local Market Updates A free research tool from MRIS, Inc.
September
Howard County
Year to Date
2008
2009
Change
2008
2009
Change
New Listings
489
413
- 15.5%
4,866
4,074
- 16.3%
Closed Sales
260
246
- 5.4%
2,167
2,110
- 2.6%
Pending Sales
211
339
+ 60.7%
2,238
2,509
+ 12.1%
$360,000
$350,000
- 2.8%
$380,000
$350,000
- 7.9%
93.2%
94.4%
+ 1.3%
93.6%
92.8%
- 0.9%
Median Sales Price* Percent of Original List Price Received at Sale* Average Days on Market Until Sale
95
91
- 3.3%
111
105
- 5.2%
Single-Family Detached Inventory
1,126
883
- 21.6%
--
--
--
777
448
- 42.3%
--
--
--
Townhouse-Condo Inventory
*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
Activity—Year to Date 2008 2009
489 413
4,074 260
- 15.5%
246
Closed Sales
Median Sales Price
2,110
- 2.6%
- 16.3% New Listings
Closed Sales
Percent of Original List Price Received at Sale
$350,000
2008 2009
$380,000
$350,000
September
Year to Date
Days on Market Until Sale 91
93.2%
- 7.9%
- 2.8%
95
2,167
- 5.4%
New Listings
$360,000
2008 2009
4,866
94.4%
2008 2009
93.6%
92.8%
- 0.9%
+ 1.3% September
Year to Date
Inventory of Homes for Sale 2008 2009
111
105
1,126
883
2008 2009
777 448
- 3.3% September
- 5.2% Year to Date
- 21.6% Single-Family Detached
- 42.3% 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.
September
Howard County
Year to Date
2008
2009
Change
2008
2009
Change
New Listings
489
413
- 15.5%
4,866
4,074
- 16.3%
Closed Sales
260
246
- 5.4%
2,167
2,110
- 2.6%
Pending Sales
211
339
+ 60.7%
2,238
2,509
+ 12.1%
$360,000
$350,000
- 2.8%
$380,000
$350,000
- 7.9%
93.2%
94.4%
+ 1.3%
93.6%
92.8%
- 0.9%
Median Sales Price* Percent of Original List Price Received at Sale* Average Days on Market Until Sale
95
91
- 3.3%
111
105
- 5.2%
Single-Family Detached Inventory
1,126
883
- 21.6%
--
--
--
777
448
- 42.3%
--
--
--
Townhouse-Condo Inventory
*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
Activity—Year to Date 2008 2009
489 413
4,074 260
- 15.5%
246
Closed Sales
Median Sales Price
2,110
- 2.6%
- 16.3% New Listings
Closed Sales
Percent of Original List Price Received at Sale
$350,000
2008 2009
$380,000
$350,000
September
Year to Date
Days on Market Until Sale 91
93.2%
- 7.9%
- 2.8%
95
2,167
- 5.4%
New Listings
$360,000
2008 2009
4,866
94.4%
2008 2009
93.6%
92.8%
- 0.9%
+ 1.3% September
Year to Date
Inventory of Homes for Sale 2008 2009
111
105
1,126
883
2008 2009
777 448
- 3.3% September
- 5.2% Year to Date
- 21.6% Single-Family Detached
- 42.3% 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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