MA ARCHIVED August 2016 | Page 11

Market Action Report

County: Baltimore

August 2016

Baltimore County
Agent Name
Title
Phone
Website
Other

Community Information
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
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 August was 51, down 7.3% from 55
days last month and down 15.0% from 60 days in August of last
year. The August 2016 DOM was at its lowest level compared
with August of 2015 and 2014.

3 Mo Avg

100
90
80
65

70

60

60

51

50
40
30
20
10
0
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Selling Price per Square Foot

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 August 2016 Selling Price per Square Foot of $144 was down
2.9% from $149 last month and up 8.0% from 134 in August of
last year.

150
145
140
135
130
125
120
115
110
105
100

3 Mo Avg
144

139
134

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Selling Price versus Listing Price Ratio

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 August 2016 Selling Price vs Original
List Price of 96.4% was down from 96.5% last month and up
from 94.9% in August of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

97%
96%

96.4%

94.9%

95%

94.0%

94%
93%
92%
91%
90%
89%
88%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

2,221

2,491

2,434

2,373

2,314

2,178

2,090

2,023

2,476

2,185

2,782

2,633

2,787

2,732

2,758

2,680

2,466

2,191

2,182

2,108

2,535

2,294

2,768

2,748

2,750

2,666

2,656

2,393

2,095

1,964

2,043

1,964

1,500

2,371

2,000

2,249

2,500

2,538

3,000

2,313

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 August 2016 was 835, down 5.8% from 886 last month and up
3.1% from 810 in August of last year.

1,000
500
0
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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.

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