Arnold and Broadneck Housing Market Data

There was a decrease in total units sold in April, with 38 sold this month in Arnold and Broadneck Real Estate versus 43 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 6% versus April 2012.

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Versus last year, the total number of homes available this month is lower by 25 units or 10%. The total number of active inventory this April was 219 compared to 244 in April 2012. This month's total of 219 is higher than the previous month's total supply of available inventory of 203, an increase of 8%.

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Last April, the median sale price for Arnold and Broadneck Homes was $342,500. This April, the median sale price was $324,450, a decrease of 5% or $18,050 compared to last year. The current median sold price is 5% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 5.8 months of supply available in Arnold and Broadneck, compared to 6.8 in April 2012. That is a decrease of 15% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 99 homes newly listed for sale in Arnold and Broadneck compared to 77 in April 2012, an increase of 29%. There were 73 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 52% higher than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in Arnold and Broadneck was 96.8% of the average list price, which is 0.9% higher than at this time last year.

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This month, the average number of days on market was 61, lower than the average last year, which was 94, a decrease of 35%.

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Focus On: Arnold and Broadneck Housing Market			April 2013
Zip Code(s): 21409 and 21012
Units Sold 38	Active Inventory 219	Median Sale Price $324,450	Days On Market 61

Up 6% Vs. Year Ago	Down -10% Vs. Year Ago	Down -5% Vs. Year Ago	Down -35% Vs. Year Ago

iCharts		Units Sold There was a decrease in total units sold in April, with 38 sold this month in Arnold and Broadneck Real Estate versus 43 last month, a decrease of 12%. This month's total units sold was higher than at this time last year, an increase of 6% versus April 2012. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 25 units or 10%. The total number of active inventory this April was 219 compared to 244 in April 2012. This month's total of 219 is higher than the previous month's total supply of available inventory of 203, an increase of 8%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for Arnold and Broadneck Homes was $342,500. This April, the median sale price was $324,450, a decrease of 5% or $18,050 compared to last year. The current median sold price is 5% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 99	Current Contracts 73	Sold Vs. List Price 96.8%	Months of Supply 5.8

Up 29% Vs. Year Ago	Up 52% Vs. Year Ago	Up 0.9% Vs. Year Ago	Down -15% Vs. Year Ago

iCharts		Months of Supply In April, there was 5.8 months of supply available in Arnold and Broadneck, compared to 6.8 in April 2012. That is a decrease of 15% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 99 homes newly listed for sale in Arnold and Broadneck compared to 77 in April 2012, an increase of 29%. There were 73 current contracts pending sale this April compared to 48 a year ago. The number of current contracts is 52% higher than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in Arnold and Broadneck was 96.8% of the average list price, which is 0.9% higher than at this time last year. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 61, lower than the average last year, which was 94, a decrease of 35%. Click here to compare the days on market of this area against other locations.		iCharts



Arnold and Broadneck are defined as properties listed in zip code/s 21409 and 21012.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.