You are on page 1of 1

Local Market Update – March 2011

A RESEARCH TOOL PROVIDED BY REALESTATE BUSINESS INTELLIGENCE – AN MRIS COMPANY

- 22.5% - 5.4% - 15.4%


Change in Change in Change in
New Listings Closed Sales Median Sales Price
Carroll County
March Year to Date
2010 2011 +/– 2010 2011 +/–
New Listings 365 283 - 22.5% 736 661 - 10.2%
Closed Sales 93 88 - 5.4% 223 206 - 7.6%
Pending Sales 143 154 + 7.7% 304 348 + 14.5%
Median Sales Price* $269,000 $227,500 - 15.4% $260,000 $235,000 - 9.6%
Percent of Original List Price Received* 91.1% 88.4% - 3.0% 90.7% 88.2% - 2.8%
Days on Market Until Sale 136 164 + 20.7% 125 158 + 26.8%
Inventory – Single-Family Detached 824 864 + 4.9% -- -- --
Inventory – Townhouse-Condo 193 189 - 2.1% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.

2010 2011 2010 2011


March Year to Date
365 736
661
283

93 223 206
88

- 22.5% - 5.4% - 10.2% - 7.6%


New Listings Closed Sales New Listings Closed Sales

Change in Median Sales Price from Prior Year (6-Month Average)** All MLS b
Carroll County a
+ 5%

0%

- 5%

- 10%

- 15%

- 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

**Each dot represents the change in median sales price from the prior year using a 6-month weighted average. This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
All data provided by RealEstate BusinessIntelligence, LLC, an MRIS Company. This report may be reproduced by MRIS members. Data current as of April 11, 2011. Powered by 10K Research.

You might also like