MA ARCHIVED December 2016 | Page 10

Market Action Report December 2016
Community Phone Information
Market Action Report December 2016

County : Baltimore

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
$ 1,550,000
4 %
-8%
Average List Price of all Current Listings
$ 2,112,190
4 %
15 %
December Median Sales Price
$ 1,368,750
-2%
0 %
20 %
14 %
$ 1,337,500
11 %
11 %
December Average Sales Price
$ 1,341,875
-7%
-4%
-9%
-1%
$ 1,546,282
16 %
14 %
Total Properties Currently for Sale ( Inventory )
85 -16%
15 %
December Number of Properties Sold
4 -50%
0 %
90
43 %
December Average Days on Market ( Solds )
87 -13% -21% 30 %
-14%
95
-13%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 200
-7% -19% -7%
-16%
$ 243
2 %
3 %
December Sold Price per Square Foot
$ 162
10 %
-1% -13% -21%
$ 213
4 %
4 %
December Month ' s Supply of Inventory
21.3
68 %
27 %
15 %
-12%
16.1
-33%
-33%
December Sale Price vs List Price Ratio
88.7 % -1.7% . 3 %
. 2 %
-1.6%
91.4 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales December Property sales were 4 , equal to 4 in December of 2015 and 50.0 % lower than the 8 sales last month . December 2016 Property sales were
Sales at their lowest level compared to December of 201514 December Property sales were 4 , equal to 4 in December of 2015 and 2014 . December YTD sales of 90 are running 42.9 % ahead and 50.0 % lower than the 8 sales last month . December 2016 12 of last year ' s year-to-date sales of 63 . sales were at their lowest level compared to December of 2015 and 2014 . December YTD sales of 90 are running 42.9 % ahead 10 of last year ' s year-to-date sales of 63 .
8

Baltimore Agent County

Name
Title

Community Phone Information

Website
Other
6 4
14 12 10 8 6 4 2
Number of Properties Sold
2 0
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
0 14 15
16 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
Prices 14
Median 15 Sales Price and Average 16 Sales Price
3 Mo Avg
The Median Sales Price in December was $ 1,368,750 , up 20.3 %
Prices from $ 1,137,500 in December of 2015 and down 2.4 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in December was $ 1,368,750 , up 20.3 % 2,000 $ 1,402,500 last month . The Average Sales Price in December from was $ 1,137,500 1,341,875 in , down December 9.1 % of from 2015 $ 1,476,250 and down in 2.4 December % from of 2,000
$ 2015 1,402,500 and down last month
7.3 % . from The Average
$ 1,448,125 Sales last Price month in December 1,800
. December was $ 1,341,875 , down 9.1 % from $ 1,476,250 in December of 2016 ASP was at the lowest level compared to December of 2015 1,800 2015 and down 7.3 % from $ 1,448,125 last month . December 1,600 and 2014 . 2016 ASP was at the lowest level compared to December of 2015
1,600 and 2014 .
1,400 1,400
1,200
3 4 3 4 4 13 7 12
1,200
1,000
1,000
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
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
16 A M J
J
A S O N D
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 85 , of down Properties 15.8 % available from 101 for last sale month as of and up
December was 85 , down 15.8 % from 101 last month and up
140
14.9 % from 74 in December of last year . December 2016
14.9
Inventory % from 74 was in at December its highest of last level year compared . December with 2016 December of
120
Inventory
2015 and was 2014 at . its highest level compared with December of
100
2015 and 2014 .
80
60
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2016 MSI of
40 higher MSI is better for buyers . The December 2016 MSI of
21.3 months was at its highest level compared with December of
21.3 months was at its highest level compared with December of
20
2015
2015 and
and 2014
2014 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
100.0
120
100
80.0
80
60.0
60
40.0
40
20
20.0
0
0.0
J
F
MJ
AF M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JAAM S JO JNAD
S O N D
14
14
15
15
16
16
100.0
80.0
60.0
40.0
20.0
0.0
63 68
3
63 73 4 3 4 4 13 7 12
3 4 11
105 114 110 112 114 115
106 93
68 73
3 4
105 114 110 112 114 115
106
11
93 8
79 76 75 82
Number of Properties Sold
5
94 6 6
113 112
79 76 75 82
94 1 9 5
104 106 108
100 6
85 5 5
113
112 104 106 108
100
8 5 6 6 1 9 5 6 5 5 8 3 4
8 10
74 73
81
85
93 3 4 10
108 103
117
74 73
81 93
3
3 6 5 8 6 5 8
115 110 116 115
12
101
3 Mo Avg
85
11 12
108
103 117 115 110 116 115
4
12 11 12 4 7 8 4
101
3 Mo Avg
7
85 8 4
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 : $ 1,000,000 and Up | 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 .