Baltimore County Community Information
Baltimore County Community Information
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 71 , down 59.4 % from 175 days last month and up 65.1 % from 43 days in February of last year . The February 2017 DOM was at a mid level compared with February of 2016 and 2015 .
350 300 250 200 150 100 50
Days On Market for Sold Properties
292
43
3 Mo Avg
71
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The February 2017 Selling Price per Square Foot of $ 153 was down 55.7 % from $ 345 last month and down 9.8 % from 169 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2017 Selling Price vs Original List Price of 88.6 % was down from 89.1 % last month and down from 92.7 % in February of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2017 was 24 , up 100.0 % from 12 last month and up 14.3 % from 21 in February of last year .
0
400 350 300 250 200 150 100
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
140 120 100 80 60 40 20 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 |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
166 169
|
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 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price versus Listing Price Ratio
85.1 %
|
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 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
73
105 114 110 112 114 115
Avg Selling Price divided by Avg Listing Price for sold properties during the month
106
93
79 76 75
82
94 113 112 104 106 108
100
85
74 72
92.7 %
80
92 107 102 116 114 109 115 113
3 Mo Avg
|
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 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
99
84
77
153
88.6 %
86 c o l d w e l l b a n k e r h o m e s . c o m | 11