MA ARCHIVED April 2016 | Page 11

Baltimore County Community Information

Baltimore County Community Information

Days On Market for Sold Properties
3 Mo Avg
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 April was 78 , down 38.1 % from 126 days last month and up 2500.0 % from 3 days in April of last year . The April 2016 DOM was at a mid level compared with April of 2015 and 2014 .
350 300 250 200 150 100
103
78
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The April 2016 Selling Price per Square Foot of $ 224 was up 9.5 % from $ 205 last month and up 16.3 % from 193 in April of last year .
Selling Price vs Original Listings 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 April 2016 Selling Price vs Original List Price of 93.9 % was up from 92.5 % last month and down from 96.0 % in April of last year .
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 April 2016 was 39 , up 50.0 % from 26 last month and up 44.4 % from 27 in April of last year .
50 0
400 350 300 250 200 150 100
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
140 120 100 80 60 40 20 0
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
J
A
S
O N D
J
F M A
13
14
15
16
Selling Price per Square Foot
3 Mo Avg
159
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
J
A
S
O N D
J
F M A
13
14
15
16
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.0 %
94.1 %
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
J
A
S
O N D
J
F M A
13
14
15
16
Inventory / New Listings / Sales
107 103 101 98 97 93
80
66 63 68 73
105 114 110 112 114 115
106
93
79 76 75
82
3
193
94 113 112 104 106 108
100
85
74
3 Mo Avg
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
J
A
S
O N D
J
F M A
13
14
15
16
73 83
96
224
93.9 %
113 c o l d w e l l b a n k e r h o m e s . c o m | 11