Market Action Report August 2017
Baltimore Agent Name City Title Phone Community Information Website Other
Market Action Report August 2017
County : Baltimore City
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 |
$ 215,250 |
2 % |
|
20 % |
|
|
|
|
Average List Price of all Current Listings |
$ 356,596 |
5 % |
|
17 % |
|
|
|
|
August Median Sales Price |
$ 195,000 |
-3% |
-1% |
-2% |
9 % |
$ 190,000 |
5 % |
6 % |
August Average Sales Price |
$ 251,436 |
-7% |
-1% |
8 % |
9 % |
$ 240,839 |
4 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
854 |
-6% |
|
-21% |
|
|
|
|
August Number of Properties Sold |
255 |
14 % |
|
3 % |
|
1,864 |
11 % |
|
August Average Days on Market ( Solds ) |
55 -26% -10% -35% -24% |
69 |
-8% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 208 |
22 % |
15 % |
45 % |
28 % |
$ 179 |
7 % |
10 % |
August Sold Price per Square Foot |
$ 146 |
-17% -5% |
-0% |
2 % |
$ 150 |
2 % |
5 % |
August Month ' s Supply of Inventory |
3.3 -17% -2% -23% -33% |
3.9 |
-23% |
-21% |
August Sale Price vs List Price Ratio |
95.8 % |
-. 3 % -. 0 % 1.1 % 2.1 % |
95.4 % |
2 % |
2 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
350 |
August Property sales were 255 , up 2.8 % from 248 in August of |
2016 and 13.8 % higher than the 224 sales last month . August |
300 |
|
Property
2017 sales Sales were at their highest level compared to August of
|
350 |
|
August
2016 and Property 2015 . sales August were YTD 255 , sales up 2.8 of % 1,864 from are 248 running August 10.7 of %
|
|
250 |
|
2016 ahead and of 13.8 last % year higher ' s year-to-date than the 224 sales sales of last 1,684 month . . August
2017 sales were at their highest level compared to August of
|
300 |
200 |
2016 and 2015 . August YTD sales of 1,864 are running 10.7 % |
250 |
|
ahead of last year ' s year-to-date sales of 1,684 . |
|
150 |
|
200 |
|
|
|
100 |
|
150 |
|
|
100 |
50 |
Baltimore Agent Name City Title Phone Community Information Website Other
177 181 159 204
Number of Properties Sold
0
50 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 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in August was $ 195,000 , down 2.5 % 300
Prices from $ 199,900 in August of 2016 and down 3.5 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 202,000 Median last Sales month Price . in The August Average was $ Sales 195,000 Price , down in August 2.5 % was
280
300 from $ 251,436 $ 199,900 , up 7.8 in August % from of $ 2016 233,170 and in down August 3.5 % of from 2016 and down 260 $ 202,000 last month . The Average Sales Price in August was
280
7.1 % from $ 270,735 last month . August 2017 ASP was at the 240 $ 251,436 , up 7.8 % from $ 233,170 in August of 2016 and down 260 highest level compared to August of 2016 and 2015 .
220
7.1 % from $ 270,735 last month . August 2017 ASP was at the 240 200 highest level compared to August of 2016 and 2015 . 220
180 200
160 180
140 160
120
140 120
100
100 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
14 N D J F
15 M A M J J A S O N D J F M
16 A M J J A S O N D J F M A
17 M J J A
14 15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of August Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 854 , Inventory down 5.9 of % Properties from 908 last available month for and sale down as of 20.9 August % from 1,200
10.0 was 1,079 854 in , down August 5.9 of % from last year 908 . last August month 2017 and Inventory down 20.9 was % from at its 1,200 10.0
1,000 8.0
1,079 lowest in August level compared of last year with . August 2017 of 2016 Inventory and 2015 was at . its 1,000 8.0 lowest level compared with August of 2016 and 2015 . 800
800 6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The August 2017 MSI of 3.3 higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 3.3
200 2.0 of 2016 200
2.0 months and 2015 was . at its lowest level compared with August of 2016
0 0.0 and 2015 . 0
0.0 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
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 14 15
16 17
14 15 16
17
177 181 159 204 109 135 196 201 222 276 228 226 174 187 151 196 127 172 188 226 232 290 201 248 211 220 193 222 135 181 230 240 271 328 224 255
1,114 1,090 995 970 987 956 109 135 196 201 222 276 228
975 1,036 1,075 1,066 1,088 1,051 1,071 1,091 1,084 980 935 926 979 1,027
Number of Properties Sold
226 174 187
1,114 1,090 995 970 987 956 975 1,036 1,075 1,066 1,088 1,051 1,071 1,091 1,084 980 935 926 979 1,027 1,061 1,135 1,110 1,079 1,057 1,060 960
151 196 127 172 188 226 232 290 201
1,061 1,135 1,110 1,079 1,057 1,060 960
248 211 220 193 222 135 181
875 814 807 839 893 907 942 908 854
3 Mo Avg
230 240 271 328
875 814 807 839 893 907 942 908 854
3 Mo Avg
224 255
8 | 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 .