MA ARCHIVED December 2016 | Page 8

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

County : Baltimore City

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
$ 1,997,000
-0%
14 %
Average List Price of all Current Listings
$ 2,712,889
4 %
3 %
December Median Sales Price
$ 1,212,500
-24% -1% -31% -16%
$ 1,549,500
7 %
7 %
December Average Sales Price
$ 1,212,500
-24% -19% -31% -23%
$ 1,626,234
3 %
3 %
Total Properties Currently for Sale ( Inventory )
18 -14%
-28%
December Number of Properties Sold
2
100 %
0 %
25
14 %
December Average Days on Market ( Solds )
107
5250 % 182 %
88 %
70
23 %
23 %
Asking Price per Square Foot ( based on New Listings )
$ 0
0 %
-100% -100% -100%
$ 485
-36%
-34%
December Sold Price per Square Foot
$ 256
-35% -49% -26%
$ 369
7 %
7 %
December Month ' s Supply of Inventory
9.0 -57% -20% -28% -10%
13.3
33 %
33 %
December Sale Price vs List Price Ratio
83.5 % -16.7% -9.1% -13.8% -8.8%
91.8 %
0 %
0 %
* 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 2 , equal to 2 in December of 2015 and 100.0 % higher than the 1 sales last month . December 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales of 25 are running 13.6 % ahead of last year ' s year-to-date sales of 22 .

Baltimore Agent Name City Title

Community Phone Information

Website
Other
7 6 5 4 3 2
7 6 5 4 3 2 1
Number of Properties Sold
1
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
14
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
Median
15 Sales Price and Average
16 Sales Price
S O N D
3 Mo Avg
Prices
The Median Sales Price in December was $ 1,212,500 , down
30.7 % from $ 1,750,000 in December of 2015 and down 24.2 % from $ 1,600,000 last month . The Average Sales Price in
2,600
2,600
2,400
2,4002,200
Median Sales Price and Average Sales Price
3 Mo Avg
December was $ 1,212,500 , down 30.7 % from $ 1,750,000 in
2,2002,000
December of 2015 and down 24.2 % from $ 1,600,000 last month . December 2016 ASP was at a mid range compared to
2,0001,800
December of 2015 and 2014 .
1,8001,600
1,6001,400
1,4001,200
1,2001,000
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
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 18 , of down Properties 14.3 % available from 21 last for sale month as of and down
December was 18 , down 14.3 % from 21 last month and down
35
28.0 % from 25 in December of last year . December 2016
35
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
35.0
35.0
30.0
28.0
Inventory % from was 25 in at December a mid level of compared last year . December with December 2016 of
201530
Inventory and 2014 was . at a mid level compared with December of 2015
25 and 2014 .
20
15
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 9.0
10 higher MSI is better for buyers . The December 2016 MSI of 9.0 months was at its lowest level compared with December of 2015 months was at its lowest level compared with December of 2015
5 and and 2014
2014 .
.
0
30.0
25
25.0
20
20.0
15
15.0
10
10.0
5
5.0
0
0.0
J
F
MJ FA M AJ
MJ AJ
SJ
OA NS DO JN FDM JA FM MJ
AJ
MA JS JO AN DS OJ
NF MD AJ
MF JM JA AM S J OJNAD
S O N D
14
14
15
15
16
16
25.0
20.0
15.0
10.0
5.0
0.0
11 1
10
11 13 1
19 10
2 22 13
1 23 19
2 22
0 23
20 20
1 20 18
1 20 17
2 18
13 13
4
17
13 13 16 14 16
14 3
12 1 2 0 18 16
12
2 3 2
21 21
18 21
16
21 21
21 24
17 6
20
0 2 25
17 0 2 1
29 29 29
20 24 25
2 33 29
0 29
29 27
2 29
25 0 33
22 1 29 21
2
27 22
2
25 21
3 Mo Avg
22 5 18
21 0
22 4
1 1 2 1 2 0 1 1 2 4 3 1 2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1 2 2 5 0 4 6 1 2
21
3 Mo Avg
6
18 1 2
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