MA ARCHIVED December 2017 | Page 8

Market Action Report December 2017
Market Action Report December 2017

BALTIMORE County : Baltimore City CITY

Community Information
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
$ 1,525,000
2 %
-29%
Average List Price of all Current Listings
$ 2,325,481
9 %
-30%
December Median Sales Price
$ 2,199,000
-15% -17% 81 %
42 %
$ 1,900,000
23 %
23 %
December Average Sales Price
$ 2,274,500
2 %
-8%
88 %
40 %
$ 2,058,810
27 %
27 %
Total Properties Currently for Sale ( Inventory )
27 -18%
29 %
December Number of Properties Sold
4
33 %
100 %
29
16 %
December Average Days on Market ( Solds )
6 -85% -74% -94% -91%
66
-6%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 699
21 %
46 %
0 %
42 %
$ 565
16 %
15 %
December Sold Price per Square Foot
$ 845
-29% -6% 230 % 129 %
$ 682
85 %
85 %
December Month ' s Supply of Inventory
6.8 -39% -33% -36% -55%
16.3
10 %
10 %
December Sale Price vs List Price Ratio
95.1 %
1.7 % 2.7 % 13.9 % 3.6 %
92.5 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
December Property sales were 4 , up 100.0 % from 2 in Property December Sales of 2016 and 33.3 % higher than the 3 sales last month .
7
December Property 2017 sales sales were were at 4 their , up 100.0 highest % from level 2 compared in to December of of 2016 2016 and and 33.3 2015 % higher . December than the YTD 3 sales sales last of month 29 are . 6 December running 16.0 2017 % sales ahead were of at last their year highest ' s year-to-date level compared sales of to 25 . December of 2016 and 2015 . December YTD sales of 29 are 5 running 16.0 % ahead of last year ' s year-to-date sales of 25 .
4
7 6 5 4 3
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
3 2
2 1
1
0
0
J
J
F M A M J
15
F M A M J
J
A
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
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
15
Prices
The Median Sales Price in December was $ 2,199,000 , up 81.4 %
The from Median $ 1,212,500 Sales Price in December in December of 2016 was $ and 2,199,000 down , 14.6 up 81.4 % from % from
$ 2,575,000 $ 1,212,500 last in month December . The of Average 2016 and Sales down Price 14.6 in % December from
3,000
$ was 2,575,000 $ 2,274,500 last month , up 87.6 . The % Average from $ 1,212,500 Sales Price in in December of
3,000 was
2016 $ 2,274,500 and up 2.2 , up % 87.6 from % $ from 2,225,000 $ 1,212,500 last month in December . December of 2017
2016
ASP and was up at 2.2 the % highest from $ 2,225,000 level compared last month to December . December of 2016 2017 and
2,500
ASP
2015 was . at the highest level compared to December of 2016 and
2,500
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
2015 .
2,000
2,000
Inventory & MSI The Total Inventory of Properties available for sale as of December was 27 , down 18.2 % from 33 last month and up 28.6 % from 21 in December of last year . December 2017 Inventory was at a mid level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 6.8 months was at its lowest level compared with December of 2016 and 2015 .
1,500 1,500
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 M16A M J J A S O N D J F M 17 A M J J A S O N D 15
16 17
45 40 35 30 25 20 15 10 5 0
45 40 35 30 25 20 15 10 5 0 J 15
14 2
12
0 2 18
16 16 16
14 12
3 2 6
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
21 21 21
16 18
0 21 16
2 21 19
0
28 29
16 2
19 1 2
33 33 33
28 29
0 37
33 2
33 32 33
0 37
1 32
2
29 27
24
23 29
25 27 24 23 25 24 23
30
21 20
36
34
30 30 31 36 39
38
30 33 31
27
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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
15
16 16
17 17
2 5 0 4 6 1 21
2 20
0 24
3
23 2 1 1
34
2 5
39 1
38 4
2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1 2 2 5 0 4 6 1 2 0 3 2 1 1 2 5 1 4 3 3 4
33 3
27 3 4
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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