MA ARCHIVED February 2017 | Page 10

Market Action Report February 2017
Community Phone Information
Market Action Report February 2017

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
$ 1,597,000
-0%
7 %
Average List Price of all Current Listings
$ 2,159,291
-2%
24 %
February Median Sales Price
$ 1,200,000
-38% -13%
7 %
-13%
$ 1,375,000
7 %
0 %
February Average Sales Price
$ 1,277,500
-34% -12% 16 %
-18%
$ 1,541,500
9 %
-1%
Total Properties Currently for Sale ( Inventory )
86
12 %
8 %
February Number of Properties Sold
3
50 %
0 %
5
-62%
February Average Days on Market ( Solds )
71 -59% -29% 65 %
-27%
112
120 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 233
-11%
0 %
3 %
-5%
$ 243
9 %
-1%
February Sold Price per Square Foot
$ 153
-56% -21% -10% -30%
$ 249
47 %
14 %
February Month ' s Supply of Inventory
28.7 -26% -2%
8 %
80 %
33.6
98 %
111 %
February Sale Price vs List Price Ratio
88.6 %
-. 6 % -. 9 % -4.4% -3.0%
88.8 %
-5%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 3 , equal to 3 in February of 2016 and 50.0 % higher than the 2 sales last month . February 2017 Property sales were
Sales at their lowest level compared to February of 2016 14 February Property sales were 3 , equal to 3 in February of 2016 and 2015 . February YTD sales of 5 are running 61.5 % behind and 50.0 % higher than the 2 sales last month . February 2017 12 last year ' s year-to-date sales of 13 . sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 5 are running 61.5 % behind 10 last year ' s year-to-date sales of 13 .
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
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
0 14 15
16 17
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 Prices
14
Median 15 Sales Price and Average 16 Sales Price 17 3 Mo Avg
The Median Sales Price in February was $ 1,200,000 , up 6.7 %
Prices from $ 1,125,000 in February of 2016 and down 38.1 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in February was $ 1,200,000 , up 6.7 % 2,000 $ 1,937,500 last month . The Average Sales Price in February from was $ 1,125,000 1,277,500 in , up February 16.1 % from of 2016 $ 1,100,000 and down in 38.1 February % from of 2016 2,000
$ and 1,937,500 down last
34.1 month % from
. The $ 1,937,500
Average last
Sales month Price . in February
February 1,800
2017 was $ 1,277,500 , up 16.1 % from $ 1,100,000 in February of 2016 ASP was at the highest level compared to February of 2016 and 1,800 and down 34.1 % from $ 1,937,500 last month . February 2017 1,600 2015 . ASP was at the highest level compared to February of 2016 and
1,600 2015 .
1,400 1,400
1,200
3 4 4 13 7 12
1,200
1,000
1,000
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
14 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
J
F
17
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
The
February Total Inventory was 86 , up of Properties 11.7 % from available 77 last month for sale and as of up 7.5 % from
February was 86 , up 11.7 % from 77 last month and up 7.5 % from
140
80 in February of last year . February 2017 Inventory was at its
80 highest in February level compared of last year with . February February 2017 of Inventory 2016 and was 2015 at . its
120 highest level compared with February of 2016 and 2015 .
100
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 February 2017 MSI of
28.740 higher MSI is better for buyers . The February 2017 MSI of 28.7 months was at its highest level compared with February of 2016 months was at its highest level compared with February of 2016
20 and and 2015
2015 .
.
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
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ
NAD SJ
OF N D J
F
14
14
15
15
16
16
17
17
100.0
80.0
60.0
40.0
20.0
0.0
73
3 4 4 13 7 12
3 4
3 11
105 114 110 112 114 115
106 93
73
4
105 114 110 112 114 115
106
11 93
8
79 76 75 82
5 94
6
Number of Properties Sold
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
8 5 6 6 1 9 5 6 5 5 8 3 4 10
74 72
80
3
85 92
4 10
107 102
116
74 72
80
3
92
3 6 5 8 6 5 8
114 109 115 113
12
99 11 12
84 77
86
3 Mo Avg
4
107
102 116 114 109 115 113
99 7 8
12 11 12 4 7 8 4 2 3
4
84 77
86
3 Mo Avg
2 3
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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 .