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Market Statistics
(Earlier stats are here)
Type of Report
Market Snapshot (Updated Monthly)
Shows the monthly trends for reported units sold, new listings taken and the average days on market for the previous few months. All three types of data are tracked in a single report for each county.
Note: A review of the data performed in January 2008 revealed several typos that affected the Charles County and Calvert County graphs. The most serious error resulted in transposed labels for New Listings and Average Days on Market in Calvert and incorrect shifts of the month labels in relation to the data above them for all three counties. These have been corrected, however, the incorrect versions of these graphs may still appear in printed materials distributed prior to the discovery of these errors.
New Listings per Month
Each month REALTORS® report new listings available for sale.
This chart shows how many new listings were reported available each month. Compared to the number of sales and
contracts reported each month, the new listings per month can data can
help indicate if the supply of available properties is increasing, decreasing or staying about the same.
Percentage of Sales Price to List Price Per Month
This chart compares the List Price of the property at the time
the contract was written to the Sales Price agreed upon at settlement.
The graph expresses the Sales Price as a percentage of the asking
price. Higher percentages indicate a market where little bargaining
takes place. Percentages exceeding 100 indicate prices are being bid
above the orginal asking price, a sign of a hot market. Lower percentages indicate a slow or overpriced market where selling prices are negotiated below asking prices.
List Price to Sales Price and Median Prices
The List Price to Sales Price Trends graph depicts the average List Price, Sales Price, and Median Sold Price trends per month. A close convergence between list and sales price lines means a tight seller's market where demand is barely met by supply. Median prices represent a point at which there are as many homes priced below as above. When the Median trend line comes close to the Average Sales and List Prices, it indicates a tightening of price ranges available for buyers and sellers.
2006
2006
2006
Contracts Pending per Month
Each month REALTORS report contracts written that have not yet
gone to settlement. This chart shows the total new contracts taken per
month not yet reported as settled. The graph distinguishes
between contingent and noncontingent contracts awaiting settlement. Not all contracts reported will result in settlements but pendings often predict sales for the following month.
Reported Financing Types
Financing types reported as the major source of equity used to complete
the sale. The chart shows the number of sales reporting the use of various financing types.
Days on Market
This graph shows the number of units sold per incremental 30-day period of availability, up to 120 days. All sales occurring after 120 days are grouped together. The graph is a measure of how quickly the average property sells once it is listed.
Total Units Sold
This graph shows the monthly Residential sales volume in units sold
reported in the MLS at the time the figures were generated. Note that some minor corrections, deletions and additions occur to the data throughout the year, so "final" figures may vary slighty depending
on what time the report is run.
Average Days on Market
This graph shows the average number of days a Residential listing remained on the market before selling. The average is calculated based on the DOM values reported in the MLS for each listing sold during a given month. Higher DOM values indicate a slower market.
2006
2006
2006
Total Sales Dollar Volume
This graph shows the monthly Residential sales volume in dollars reported in
the MLS at the time the figures were generated. Note that
some minor corrections, deletions and additions occur to the data throughout
the year, so "final" figures may vary slighty depending on what time
the report is run.
Listing, Sales, Pending and DOM Trends
A combination of the Listings per Month, Sales per Month Contracts per Month
and Average Days on Market information for the year. The chart shows whether
listings are keeping up with demand and if significant numbers of contracts are being written that never reach settlement.
8440 Old Leonardtown Road . Suite 211
Hughesville, Maryland 20637
301-870-2323 . 301-870-2575 Fax
