Community Information
Baltimore City
Community Information
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 7 , up from 0 days last month and down 90.4 % from 73 days in April of last year . The April 2016 DOM was at its lowest level compared with April of 2015 and 2014 .
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Days On Market for Sold Properties
3 Mo Avg
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 $ 246 was up from $ 0 last month and up from 0 in April of last year .
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Selling Price per Square Foot |
3 Mo Avg |
73 7
246
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 96.4 % was up from 0.0 % last month and up from 86.5 % in April of last year .
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
100.4 % 86.5 %
3 Mo Avg
96.4 %
40 % 20 %
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 8 , up 100.0 % from 4 last month and equal to 8 in April of last year .
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
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Inventory / New Listings / Sales
40 35 30 25 20 15 10 5 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
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24 23
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12 11 11 10
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13 13 14 13 17 17
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35 c o l d w e l l b a n k e r h o m e s . c o m | 9