MARKET ACTION REPORT

June 2011

County: Anne Arundel

Price Range: All | Properties: Single Family - Condo - TwnHm

Trending versus*:

Trending versus*:
LY

Market Profile & Trends Overview

Median List Price of all Current Listings Average List Price of all Current Listings June Median Sales Price June Average Sales Price Total Properties Currently for Sale (Inventory) June Number of Properties Sold June Average Days on Market (Solds) June Month's Supply of Inventory June Sale Price vs List Price Ratio

Month
$355,750 $515,120 $285,000 $345,659 3,640 517 92 7.0 96.5%
700 600 500
428 444 410 373

LM

L3M PYM

YTD

Prior YTD

Prior Year

$285,000 $350,867 2,487 101 8.6 95.8%

Number of Properties Sold
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2010) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales
June Property sales were 517, down 13.1% from 595 in June of 2010 and 13.1% higher than the 457 sales last month. June 2011 sales were at their lowest level compared to June of 2010 and 2009. June YTD sales of 2,487 are running 1.5% behind last year's year-todate sales of 2,525.

526 506 479 506 527 496

511 518 595 390 230 263 408

300 200 100 0

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Prices
The Median Sales Price in June was $285,000, down 10.9% from $320,000 in June of 2010 and down 1.7% from $290,000 last month. The Average Sales Price in June was $345,659, down 8.4% from $377,551 in June of 2010 and up 3.1% from $335,305 last month. June 2011 ASP was at the lowest level compared to June of 2010 and 2009.

(000's)

272 311 211 252 356 371 433

400

Median Sales Price and Average Sales Price

Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg

450 430 410 390 370 350 330 310 290 270 250

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI

The Total Inventory of Properties available for sale as of June was 3,640, down 1.6% from 3,701 last month and down 11.5% from 4,112 in June of last year. June 2011 Inventory was at its lowest level compared with June of 2010 and 2009.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2011 MSI of 7.0 months was at a mid level compared with June of 2010 and 2009.

5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 4,590 4,499 4,438 4,250 3,972 3,691 3,655 3,765 3,883 3,963 4,027 4,041 3,991 3,888 3,831 3,675 3,485 3,301 3,290 3,286 3,537 3,801 3,938 4,112 4,075 4,011 4,004 3,823 3,542 3,338 3,271 3,271 3,426 3,670 3,701 3,640

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Copyright Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

418 444 410 362 368 372 306 337 406 464 457 517

20 18 16 14 12 10 8 6 4 2 0

MARKET ACTION REPORT

June 2011

County: Anne Arundel

Price Range: All | Properties: Single Family - Condo - TwnHm

Days On Market for Sold Properties

Market Time
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 92, up 3.4% from 89 days last month and up 5.7% from 87 days in June of last year. The June 2011 DOM was at a mid level compared with June of 2010 and 2009.

150 140 130 120 110 100 90 80 70 60 50

Average Days on Market (Listing to Contract) for properties sold during the month

3 Mo Avg

97 87

92

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

200 150
100%

Selling Price versus Listing Price Ratio

Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg

Selling Price vs Original Listing Price

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The June 2011 Selling Price vs Original List Price of 96.5% was equal to 96.5% last month and down from 96.9% in June of last year.

100% 99% 99% 98% 98% 97% 97% 96% 96% 95% J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11 96.7% 96.9% 96.5%

Inventory / New Listings / Sales

Inventory / New Listings / Sales

This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in June 2011 was 835, down 10.2% from 930 last month and down 15.6% from 989 in June of last year.

5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0

Inventory

New Listings

Sales

J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 08 09 10 11

Copyright Coldwell Banker Residential Brokerage | Price Range: All | Property Types: Single Family - Condo - TwnHm
Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumers real estate transaction.

4,590 4,499 4,438 4,250 3,972 3,691 3,655 3,765 3,883 3,963 4,027 4,041 3,991 3,888 3,831 3,675 3,485 3,301 3,290 3,286 3,537 3,801 3,938 4,112 4,075 4,011 4,004 3,823 3,542 3,338 3,271 3,271 3,426 3,670 3,701 3,640