MA ARCHIVED April 2017 | Page 8

Market Action Report April 2017
Market Action Report April 2017

BALTIMORE County : Baltimore City CITY

Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,797,000
3 %
-18%
Average List Price of all Current Listings
$ 2,401,574
-5%
-17%
April Median Sales Price
$ 1,925,000
-30% -9%
60 %
24 %
$ 2,107,500
63 %
36 %
April Average Sales Price
$ 1,925,000
-30% -13% 60 %
18 %
$ 2,219,167
28 %
36 %
Total Properties Currently for Sale ( Inventory )
34
31 %
-8%
April Number of Properties Sold
1 -50%
0 %
6
100 %
April Average Days on Market ( Solds )
635
290 % 8971 % 807 %
163
233 %
133 %
Asking Price per Square Foot ( based on New Listings )
$ 534
-17% -4%
10 %
7 %
$ 555
12 %
12 %
April Sold Price per Square Foot
$ 725
-37% 13 % 195 % 96 %
$ 639
129 %
73 %
April Month ' s Supply of Inventory
34.0
162 % 83 %
-8%
126 %
18.6
-31%
23 %
April Sale Price vs List Price Ratio
91.7 % -8.3% -1.8% -4.9% -. 1 %
93.4 %
-2%
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
April Property sales were 1 , equal to 1 in April of 2016 and Property 50.0 % lower Sales than the 2 sales last month . April 2017 sales were
7 April at their Property lowest sales level were compared 1 , equal to April 1 in April of 2016 of 2016 and and 2015 . April
50.0 YTD % sales lower of than 6 are the running 2 sales last 100.0 month % ahead . April of 2017 last year sales ' s were year-to-date their sales lowest of 3 level . compared to April of 2016 and 2015 . April
at YTD sales of 6 are running 100.0 % ahead of last year ' s year-todate sales of 3 .
5 4
7 6 5 4 3
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
3 2
2
1
1 0
0
2
M
0 1 1 2 4
M
14
J
J
A
S O N D
J
15
F M A M J
J
A
S O N D
J
16
F M A M J
J
A
S O N D
J
17
F M A
14
Prices
The Median Sales Price in April was $ 1,925,000 , up 59.8 % from
2,800
The
$ 1,205,000 Median Sales in April Price of in 2016 April and was down $ 1,925,000 30.0 %, up from 59.8 $ % 2,750,000 from
$ last 1,205,000 month in . The April Average of 2016 Sales and down Price 30.0 in April % from was $ 2,750,000 $ 1,925,000 , up
2,8002,600 last
59.8 month % from . The $ 1,205,000 Average Sales in April Price of in 2016 April and was down $ 1,925,000 30.0 %, up from
2,6002,400
15
16
Median Sales Price and Average Sales Price
17
3 Mo Avg
3 Mo Avg
59.8
$ 2,750,000 % from $ 1,205,000 last month in . April of 2017 2016 ASP and was down at 30.0 a mid % range from
2,4002,200
$ compared 2,750,000 to last April month of . 2016 April and 2017 2015 ASP . was at a mid range compared to April of 2016 and 2015 .
2,2002,000
2,0001,800
1,8001,600
1,6001,400
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 M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
A17
14
15
16
17
3 1 2
J J A S O N D J
0 2 3 2 6 0 2 0 2 1 2 0
F M A M J J A S O N D J
2 0 1 2 2 5 0 4 6 1 2 0
F M A M J J A S O N D J
2 0 1 1 2 4 3 1 2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1 2 2 5 0 4 6 1 2 0 3 2 1
3 2 1
F M A
Inventory & MSI The Total Inventory of Properties available for sale as of April was 34 , up 30.8 % from 26 last month and down 8.1 % from 37 in April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 34.0 months was at a mid level compared with April of 2016 and 2015 .
40 35 30 25 20 15 10 5 0
40 35 30 25 20
22
15 10 5
0 M 14
23 22 23
20 20 20
18 17
Total Inventory & Month ' s Supply of Inventory ( MSI )
20 18 17
13 13
13 14
12 13 16 16
14
12 18 16 21 21 21 21
16 18
16
21
19 28 29
21
16
33 33 33
37
33
30
28
25 24 25 24 25 24 25 26 24 26
21 21
J MJ AJ SJ OA NS DO JN FD MJ AF MJA JMA JS JO AN SD OJ
NF DM AJ MF MJ JA AM SJ OJ NA DS JOFNM DA
J
14
15 15
16 16 17
19 28 29 33 33 33
37
33
30 28
34
21
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 F M A
17
21 26 26
34
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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