MA ARCHIVED December 2017 | Page 10

Market Action Report December 2017 County: Baltimore BALTIMORE Market Action Report COUNTY Agent Name December 2017 Title Phone Agent Name Website Title Other Community Information County: Baltimore Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other Market Profile & Trends Overview Price Range: $1,000,000 and Up | of Properties: SFH - Con Listings Median List Price all Current LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $1,500,000 0% -3% Trending versus*: $1,943,661 Trending 2% versus*: -3% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,212,500 -1% -4% $1,500,000 0% -5% -8% -3% -11% -12% $1,325,000 $1,618,750 -5% -6% $1,943,661 2% 27% 12% -3% 21% 4% $1,465,536 89 -15% 7% $1,212,500 -5% -8% -11% -12% $1,325,000 -1% -4% 8 700% 83 -8% -6% $1,618,750 27% 12% 21% 100% 4% $1,465,536 -5% 86 -9% -11% 89 183 -15% 79% 41% 7% 110% 89% -11% 8 $185 700% -11% -10% 100% -8% -24% 83 $216 -8% -11% 183 $149 79% 41% -29% 110% -8% 89% -32% 86 $215 -9% 1% -11% -2% $185 11.1 -11% -89% -10% -74% -8% -46% -24% -29% $216 26.6 -11% 69% -11% 69% $149 85.8% -5.4% -29% -1.6% -8% -3.3% -32% -6.0% $215 91.3% 1% -0% -2% -0% Average List Price of all Current Listings Market Profile & Trends Overview December Sales Price Listings Median List Median Price of all Current December Sales Price Listings Average List Average Price of all Current Total Properties December Median Currently Sales Price for Sale (Inventory) December Average Number of Properties Sold December Sales Price December Average Days for on Sale Market (Solds) Total Properties Currently (Inventory) Asking Price per Square Foot (based December Number of Properties Sold on New Listings) December Days per on Square Market Foot (Solds) December Average Sold Price Asking Price Month's per Square Foot of (based on New Listings) December Supply Inventory December per Foot Ratio December Sold Sale Price Price vs Square List Price * LM=Last Month / L3M=Last Supply 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 11.1 -89% -74% -46% -29% December Month's of Inventory 26.6 69% 69% 85.8% -5.4% -1.6% -3.3% -6.0% -0% Sold -0% Number of 91.3% Properties December Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 14 12 10 8 10 6 8 Prices 8 4 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 15 16 17 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 16 Sales Price and Average 17 Median Sales Price 15 The Median Sales Price in December was $1,212,500, down Prices 11.4% from Sales $1,368,750 December 2016 and down The Median Price in in December was of $1,212,500, down 4.5% 2,000 from from $1,270,000 last in month. The of Average Sales Price in 11.4% $1,368,750 December 2016 and down 4.5% 2,000 December was $1,618,750, up 20.6% from $1,341,875 in from $1,270,000 last month. The Average Sales Price in 1,800 December of $1,618,750, 2016 and up up 27.5% last month. December was 20.6% from from $1,270,000 $1,341,875 in 1,800 December was 27.5% at the from highest level compared to December of 2017 2016 ASP and up $1,270,000 last month. 1,600 December of 2016 and at 2015. December 2017 ASP was the highest level compared to December of 2016 and 2015. 0 2 2 4 4 6 0 3 Mo Avg 16 12 3 Mo Avg Number of Properties Sold 18 of 83 are running 7.8% behind last year's year-to-date sales of 90. 20 December Property sales were 8, up 100.0% from 4 in December Sales of 2016 and 700.0% higher than the 1 sales last Property 20 month. December 2017 were sales at their highest December Property sales 8, were up 100.0% from 4 in level 18 compared to December of 2016 and 2015. December YTD sales December of 2016 and 700.0% higher than the 1 sales last of 83 are running 2017 7.8% sales behind year's year-to-date month. December were last at their highest level sales of 16 compared to December of 2016 and 2015. December YTD sales 14 90. Property Sales Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 1,600 1,400 1,400 1,200 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 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 17 A M J J A S O N D 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of December was 89, down 15.2% from 105 last month and up 7.2% 140 December was 89, down 15.2% from 105 last month and up 7.2% 140 from 83 83 in in December year. December Inventory 120 120 from December of of last last year. December 2017 2017 Inventory was at at its its highest level compared with December of 2016 was highest level compared with December of 2016 and and 100 100 2015. 2015. 80 80 120.0 100.0 80.0 80.0 60.0 60.0 40 40.0 40.0 20 20.0 20.0 0 0.0 0.0 60 100.0 60 comparatively lower MSI is more beneficial for sellers a 40 A A comparatively lower MSI is more beneficial for sellers while while a higher MSI MSI better buyers. December of 11.1 higher is is better for for buyers. The The December 2017 2017 MSI MSI of 11.1 months at at its its lowest level compared with with December of 2016 mo nths was was lowest level compared December of 2016 20 0 and and 2015. 2015. 120.0 J F M J M J A J S J O A N S D O J N F D M J A F M M J A J M A J S O N D J F N M J A F M A J A S O D A J M F J M J A A M S J O J N A D S O N D 15 15 16 17 16 17 Copyright | © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 10 coldwellbankerluxury.com 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 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. 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.