MA ARCHIVED April 2017 | Page 10

Market Action Report
April 2017
County: Baltimore
BALTIMORE
Market Action Report COUNTY
Agent Name
April 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Baltimore
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,562,000 -2%
12%
Trending versus*:
$1,984,035 Trending
-5% versus*:
11%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,375,000
-8%
-2%
$1,562,000
-2% 17% 2%
12% 13% 0% $1,350,000
$1,534,167
-9%
-8%
$1,984,035
-5% 29% 8%
11% 4% -1% $1,423,750
$1,375,000 114
17% 25%
2% 13% 7%
0% $1,350,000
-8%
-2%
3 -25%
12 -50% -8%
$1,534,167 29%
8% 4% -40%
-1% $1,423,750
-9%
33 -65% -62%
86
15%
-11%
114 25%
7% -58% -66%
-8%
3 $202
-25% -13% -10%
-40% -33% -17%
12 $224
-50% -10%
33 $228
-65% -3%
-62% -5%
-58% -66%
86 $239
15% 11% -11%
1% 4%
9%
$202 38.0
-13% 67%
-10% 28%
-33% 78%
-17% 139% $224 31.8
-10% 80% -8% 100%
$228 96.7%
-3% .0%
-5% 3.5%
1% 3.0%
4% 5.9% $239 93.4%
11% 0% 9%
2%
Average List Price of all Current Listings
Market Profile & Trends Overview
April Median
Sales
Price
Median
List Price
of all
Current Listings
April Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
April
Sales Currently
Price
April Average
Number
of Properties
Sold
April
Sales
Price
April Properties
Average Days
on Market
Total
Currently
for Sale (Solds)
(Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold (based on New Listings)
April
Days per
on Square
Market Foot
(Solds)
April Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
April Month's
Inventory
April
Foot Ratio
April Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 38.0 67% 28% 78% 139%
April
Month's
Supply
of Inventory
31.8
80%
100%
96.7% .0% 3.5% 3.0% 5.9%
0% Sold 2%
Number of 93.4%
Properties
April Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3 Mo Avg
14
5
10
15
16 Average Sales Price
Median Sales Price and
Median Sales Price and Average Sales Price
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
14
15
16
17
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
The Median Sales Price in April was $1,375,000, up 13.2% from
Prices
$1,215,000
in April
16.5% from
The
Median Sales
Price of in 2016
April and
was up
$1,375,000,
up $1,180,000
13.2% from last 2,000
month. The
Average
Sales and
Price
April
was $1,180,000
$1,534,167, last
up
$1,215,000
in April
of 2016
up in
16.5%
from
2,000
4.2% from
$1,472,000
April in of April
2016 was
and
up 28.5% up
from
month.
The Average
Sales in Price
$1,534,167,
1,800
$1,193,750
last month.
April of 2017
at the from
highest level
4.2%
from $1,472,000
in April
2016 ASP
and was
up 28.5%
1,800
compared last
to April
of 2016
$1,193,750
month.
April and
2017 2015.
ASP was at the highest level
1,600
compared to April of 2016 and 2015.
0
2
2 4 4
6 6
8 8
Prices
Number of Properties Sold
10
10
0
3 Mo Avg
12
YTD sales of 12 are running 50.0% behind last year's year-to-
date sales of 24.
14
April Property sales were 3, down 40.0% from 5 in April of 2016
and 25.0% Sales
lower than the 4 sales last month. April 2017 sales
Property
14
were Property
at a mid sales
level were
compared
April of
2016
2015.
April
April
3, down to 40.0%
from
5 in and
April
of 2016
YTD
sales
of
12
are
running
50.0%
behind
last
year's
year-to-
and 25.0% lower than the 4 sales last month. April 2017 sales
12
date at sales
of level
24. compared to April of 2016 and 2015. April
were
a mid
Property Sales
17
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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
M J 14
J A S O N D J F M
A M J J A S O N D J F M A 17
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
60
40
20
80.0
80.0
60.0 60.0
40.0 40.0
20.0 20.0
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
April
2017
of 38.0
higher
is is
better
for for
buyers.
The The
April
2017
MSI MSI
of 38.0
20
months
at at
a mid
level
compared
with
April
of 2016
and and
months was
was
a mid
level
compared
with
April
of 2016
0
2015.
2015.
80
100.0
100.0
80
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of April
The Total Inventory of Properties available for sale as of April
was 114, up 25.3% from 91 last month and up 6.5% from 107 in 140 140
was 114, up 25.3% from 91 last month and up 6.5% from 107 in
April of of last
last
year. April
April
2017
Inventory
at highest
its highest
April
year.
2017
Inventory
was was
at its
level level 120 120
compared
with
April
2016
2015.
compared
with
April
of of
2016
and and
2015.
100 100
0.0
0
M J M
J A J S J O
J J A A M S J O J N A D S J O F N M D A J F M A
A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N F M
D A J M
F M
14 14
15
16
17
15
16
17
0.0
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
10
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any b uyer or seller to verify any and all information relevant to such consumer’s real estate transaction.