MA ARCHIVED August 2016 | Page 10

Market Action Report August 2016
Title Phone Community Information Website Other
Market Action Report August 2016

County : Baltimore

Price Range : All | 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
$ 299,000
3 %
7 %
Average List Price of all Current Listings
$ 417,279
2 %
9 %
August Median Sales Price
$ 249,900
-2%
-2%
9 %
8 %
$ 245,000
4 %
6 %
August Average Sales Price
$ 304,688
-2%
-2%
13 %
9 %
$ 298,859
7 %
7 %
Total Properties Currently for Sale ( Inventory )
2,221
-9%
-19%
August Number of Properties Sold
652
6 %
3 %
4,656
9 %
August Average Days on Market ( Solds )
51
-7%
-9% -15% -28%
64
-11%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 154
5 %
3 %
1 %
4 %
$ 152
1 %
3 %
August Sold Price per Square Foot
$ 144
-3%
0 %
8 %
5 %
$ 142
4 %
4 %
August Month ' s Supply of Inventory
3.4 -14% -3% -21% -30%
4.0
-17%
-17%
August Sale Price vs List Price Ratio
96.4 %
-. 1 %
. 1 %
1.6 % 2.8 %
95.2 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Baltimore Agent County

Name

Title Phone Community Information Website Other

Property Sales
900
August Property sales were 652 , up 2.7 % from 635 in August of
2015 and 6.2 % higher than the 614 sales last month . August
Property Sales
2016 sales were at their highest level compared to August of
900
August Property sales were 652 , up 2.7 % from 635 in August of
2015 and 2014 . August YTD sales of 4,656 are running 8.9 %
2015 and 6.2 % higher than the 614 sales last month . August
800
2016 ahead sales
of last were
year at their
' s year-to-date highest level
sales compared
of 4,274 to
. August of
700
2015 and 2014 . August YTD sales of 4,656 are running 8.9 %
600 ahead of last year ' s year-to-date sales of 4,274 .
800
700
600
500
400
Number of Properties Sold
3 Mo Avg
500
300
400
200
300
200
100
100
0
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
J
A
0
13
14
15
16
Prices
The Median Sales Price in August was $ 249,900 , up 9.1 % from
Prices
$ 228,990 in August of 2015 and down 2.3 % from $ 255,750 last
The month Median
. The Sales
Average
Price Sales in August
Price was in August
$ 249,900 was
, up $ 304,688
9.1 % from , up
$ 228,990 in August of 2015 and down 2.3 % from $ 255,750 last
13.4 % from $ 268,690 in August of 2015 and down 2.3 % from
340 month . The Average Sales Price in August was $ 304,688 , up
$ 311,922 last month . August 2016 ASP was at the highest level
13.4 % from $ 268,690 in August of 2015 and down 2.3 % from
320 compared to August of 2015 and 2014 .
$ 311,922 last month . August 2016 ASP was at the highest level
300
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
J
A
13
14
Median Sales
15 Price and Average Sales 16Price
Median Sales Price and Average Sales Price
340
3 Mo Avg
320
300
280
3 Mo Avg
compared to August of 2015 and 2014 .
280
260
260 240
450 427 374 418
450 427 374 418 286 287 390 390 507 571 590 570 497 527 407 560 338 369 474 457 605 681 715 635 573 545 437 558 427 424 467 613 661 798 614 652
240
220
220
200
200
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
J
A
S
O
13 N D
J
F
14 M A M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M A16M J
J
A
13
14
15
16
Inventory & MSI
Inventory
The Total Inventory & MSI of Properties available for sale as of August
The was Total 2,221 Inventory , down 8.8 of % Properties from 2,434 available last month for sale and as of down August 18.7 %
3,000 was 2,221 , down 8.8 % from 2,434 last month and down 18.7 %
3,000 from 2,732 in August of last year . August 2016 Inventory was at
2,500 from its lowest 2,732 in level August compared of last with year . August August of 2016
2015 Inventory and 2014 was
. at
2,500 its lowest level compared with August of 2015 and 2014 .
2,000
2,000
1,500
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
4.0
A comparatively lower MSI is more beneficial for sellers while
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 a
1,000 higher higher MSI
MSI is is better
better for
for buyers
buyers . The
. The August
August 2016
2016 MSI
MSI of 3.4
of 3.4
2.0
500
500 months months was was at at its its lowest lowest level level compared compared with with August August of 2015 of 2015
1.0 and and 2014 2014 . .
0
0
0.0
S
O
NS OD NJ
FD MJ
AF
M JA JM AJ
S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DAJMF
JMJ A M J
J A
13
13
14
14
15
15
16
16
2,313 2,371 2,249 2,043
2,313 2,371 2,249 2,043 1,964 1,964
286
2,095 287 390 390 507
2,393 2,538 2,656 2,393 2,666
1,964 1,964 2,095
2,538 571 590
Number of Properties Sold
570 497 527 407
2,656 2,666 2,750 2,768 2,748 2,535
2,750 2,768 2,748
2,535 2,294 2,182 2,108
560 2,191
338
2,294 2,182
369 474
2,466 2,680 2,758 2,787
2,108 2,191
2,466
457 605 681 715
2,680 2,758 2,787 2,732 635 573 545
2,732 2,782 2,633
2,476 2,185 2,090 2,023
437 558
2,782 2,633
2,476 2,185 2,090
2,178 2,314
427 424
2,373 2,491 2,434
2,023 2,178
467
2,221 613 661
2,314 2,373 2,491
3 Mo Avg
798 614
2,434 2,221
652
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
10 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .