MA ARCHIVED August 2016 | Page 8

Market Action Report County: Baltimore City Market Action Report August 2016 Baltimore City County: Baltimore City Agent Name August 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $191,350 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 3% 9% $306,191 Trending 1% versus*: 26% Month LM 3% L3M 3% PYM 11% LY $199,900 $191,350 3% 9% $233,170 -14% -8% -2% $306,191 1% 26% 984 -8% -6% $199,900 3% 3% 11% 21% 248 23% 10% $233,170 -14% -8% -2% 7% 84 35% 18% 984 -8% -6% 25% $147 -9% -10% 248 23% 10% -6% $146 -1% -2% 84 35% 18% 25% 1% 14% $147 4.0 -9% -25% -10% -9% -6% -15% -16% $14694.8% -1% .4% -2% .4% 1% 1.1% 4% Average List Price of all Current Listings Market Trends August Profile Median & Sales PriceOverview Median List Price of all Current Listings August Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) August Median Sales Price August Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) AskingNumber Price per Foot (based on New Listings) August of Square Properties Sold AugustAverage Sold Price August Daysper on Square Market Foot (Solds) AugustPrice Month's Supply of Inventory Asking per Square Foot (based on New Listings) AugustSold SalePrice Price vsSquare List Price August per FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date August Month's Supply of Inventory August Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales Trending versus*: Prior YTD 9% Prior Year 9% 21% YTD $180,500 7% $231,267 4% 6% $180,500 9% 1,683 $231,267 4% 9% 6% 6% 4% 3% 3% 1% -10%-4% 0% 4% 14% 75 -16% 1,683 $169 6% 4% 75 $147 4% -30% $169 5.0 3% 1.8% $147 93.4% 3% 1% -4% 4% -12% 0% 4.0 -25% -9% -15% -30% 5.0 -10% -12% 94.8% .4% .4% 1.1% 1.8% 0% Sold 0% Number of93.4% Properties 350 August Property sales were 248, up 9.7% from 226 in August of 2015 and 23.4% higher than the 201 sales last month. August 300 Property Sales 2016 sales were at their highest level compared to August of 350 August Property sales were 248, up 9.7% from 226 in August of 250 2015 and 2014. August YTD sales of 1,683 are running 5.6% 2015 and 23.4% higher than the 201 sales last month. August 300 ahead of last year-to-date sales of 1,593. 2016 sales wereyear's at their highest level compared to August of 200 2015 and 2014. August YTD sales of 1,683 are running 5.6% ahead of last year's year-to-date sales of 1,593. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 250 200 150 Prices 220 200 180 160 140 120 100 13 300 280 260 240 220 200 180 160 140 120 100 248 201 248 201 290 231 226 188 172 127 196 151 187 174 226 228 276 222 201 196 135 109 204 159 181 177 197 Median Sales15Price and Average Sales 16 Price Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 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 800 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,004 1,002 982 1,004 9261,002 903 982 900926 938 903 1,036 900 1,061 938 1,078 1,036 1,069 1,061 1,083 1,078 1,114 1,069 1,090 1,083 995 970 1,114 9871,090 956995 970 974 987 1,035 956 1,074 974 1,065 1,088 1,035 1,051 1,074 1,071 1,065 1,091 1,088 1,079 1,051 9751,071 930 1,091 922 1,079 972 975 1,017 930 1,042 922 1,111 972 1,064 1,017 984 Inventory & MSI of Properties available for sale as of August The Total Inventory The of Properties for sale of August wasTotal 984,Inventory down 7.5% from 1,064available last month andas down 6.4% from 1,200 1,200 was 984, 7.5% fromyear. 1,064August last month down 6.4% 1,051 indown August of last 2016and Inventory wasfrom at its 1,000 1,051 in August of last year. August 2016 Inventory was at its 1,000 lowest level compared with August of 2015 and 2014. lowest level compared with August of 2015 and 2014. 800 10.0 8.0 600 6.0 A comparatively lower MSI is more beneficial for sellers while a 400 400 4.0 200 200 2.0 600 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. August 2016 of 4.0 higher is is better forfor buyers. TheThe August 2016 MSIMSI of 4.0 monthswas was lowest level compared August of 2015 months atat itsits lowest level compared withwith August of 2015 and2014. 2014. and 290 231 226 188 172 127 196 151 187 174 226 228 276 222 201 196 135 109 204 159 181 177 197 196 251 168 150 128 160 196 251 168 160 150 97 128 166 144 14 1,042 1,111 1,064 984 $271,865 last month. August 2016 ASP was at a mid range compared to August of 2015 and 2014. 127 137 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 15 16 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 The Median Sales Price in August was $199,900, up 11.1% from Prices $180,000 in August of 2015 and up 2.5% from $195,000 last The Median Sales Price Sales in August $199,900, up$233,170, 11.1% from month. The Average Pricewas in August was down300 $180,000 in August of 2015 and up 2.5% from $195,000 last 1.8% from $237,513 in August of 2015 and down 14.2% from 280 month. The Average Sales Price in August was $233,170, down $271,865 last month. August 2016 ASP was at a mid range 260 1.8% from $237,513 in August of 2015 and down 14.2% from compared to August of 2015 and 2014. 240 97 0 166 50 144 50 127 100 137 150 100 0 0 0.0 S D O N M JA JMA J S J O AN SD OJ NF DM JA M F M S O N J FD MJ AF M J AJ M A SJ OJ NA DS JO FNMDA JMF J MJ AA M J J A 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con 8 | provided ccourtesy o l dofw e lAssociation l b a nof k e r h ofoMD, mInc., es.c o m Data is is provided Regional Information Systems, Inc., Sussex of REALTORS and may not reflect estate activity. Coldwell Banker Residential Brokerage Data courtesyCoastal of Coastal AssociationREALTORS of REALTORS of MD,Metropolitan Inc., Metropolitan Regional Information Systems, Inc.,County SussexAssociation County Association of REALTORS and mayallnotrelevant reflect real all relevant real estate activity. Coldwell Banker Residential Brokerage Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this informat ion. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction. 10.0 8.0 6.0 4.0 2.0 0.0