MA ARCHIVED February 2018 | Page 8

CITY
February 2018
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Baltimore
City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
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 73, down 12.0%
from 83 days last month and down 36.5% from 115 days in
February of last year. The February 2018 DOM was at a mid
level compared with February of 2017 and 2016.
Number of Properties Sold
3 Mo Avg
5
Median Sales Price and Average Sales Price
49.6%
from Sales
$2,290,000
in February
2017 and down
up 5.0% from
The
Median
Price in February
was of
$1,155,000,
$1,100,000
last month. in The
Average
Sales and
Price
February
49.6%
from $2,290,000
February
of 2017
up in
5.0%
from
3,000
was $1,155,000,
down The
41.2%
from Sales
$1,963,333
February of
$1,100,000
last month.
Average
Price in in February
3,000
2017
and
up
5.0%
from
$1,100,000
last
month.
February
2018
was $1,155,000, down 41.2% from $1,963,333 in February of
2,500
ASP and
was up
at 5.0%
the lowest
level compared
to February
of 2017
2017
from $1,100,000
last month.
February
2018 and
2,500
2016.
ASP
was at the lowest level compared to February of 2017 and
2,000
2016.
2,000
3 Mo Avg
3 Mo Avg
Inventory / New Listings / Sales
M A M
M A 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 J O A N S D O J N
F M
J J A A M S J O J N A D S J O F N D J F
D A J M F M
15 15
16
17
18
16
17
18
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
8 Copyright
| © Coldwell
Copyright
© coldwellbankerluxury.com
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.
45
10
15
20
25
30
35
40
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
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 2018 was 6, up 100.0% from 3 last month and equal
to 6 in February of last year.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
60%
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
18
87.8%
80%
Inventory / New Listings / Sales
Inventory & MSI
89.6%
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
16
17
18
M A 15
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 J F
15
16
17
18
30
25
20
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 15
10
higher MSI
MSI
better
buyers.
February
2018
of 13.5
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 13.5
months
at at
a mid
level
compared
with
February
of 2017
and and 5
months was
was
a mid
level
compared
with
February
of 2017
0
2016.
2016.
95.2%
100%
0%
1,000
45
40
35
30
25
20
15
10
5
0
120%
20%
1,500
1,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
40%
1,500
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
February was 27, up 12.5% from 24 last month and up 12.5% 45
February was 27, up 12.5% from 24 last month and up 12.5%
from 24 24 in in
February
year.
February
2018
Inventory
from
February
of of
last last
year.
February
2018
Inventory
was was 40
mid level
level
compared
with
February
of 2017
2016.
35
at at a a mid
compared
with
February
of 2017
and and
2016.
260
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to com e 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 2018 Selling Price vs Original
List Price of 87.8% was down from 88.6% last month and down
from 89.6% in February of last year.
The Median Sales Price in February was $1,155,000, down
Prices
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
16
17
18
Median
Sales Price and Average
Sales Price
Prices
5
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
16
17
18
0
1
1
267
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
16
17
18
2
296
3 Mo Avg
150
2
3 3
4
The Selling Price per Square Foot is a great indicator for the
1,150
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
950
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $260 was up
750
3.2% from $252 last month and down 2.7% from 267 in February
of last year.
550
350
4
5
0
3 Mo Avg
6
and 2016. February YTD sales of 4 are running 33.3% ahead of
last year's year-to-date sales of 3.
7
February Property sales were 2, down 33.3% from 3 in February
of 2017 and
the same as the 2 sales last month. February 2018
Property
Sales
7
sales were
at their sales
lowest
level
compared
February
of 2017
February
Property
were
2, down
33.3% to
from
3 in February
and
2016.
February
YTD
sales
of
4
are
running
33.3%
ahead
of
of 2017 and the same as the 2 sales last month. February 2018
6
last were
year's at year-to-date
sales compared
of 3.
sales
their lowest level
to February of 2017
Property Sales
Selling Price per Square Foot
Selling Price per Square Foot
12.8
59%
-23%
87.8% -.9% -4.7% -2.0% -4.8%
-2% Sold -4%
Number of 88.2%
Properties
February Sale Price vs List Price Ratio
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
16
17
18
-100
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 13.5 13% 26% 69% -19%
February
Month's
Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
73
0
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
115
70
100
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
200
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
300
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
400
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
500
February Average
Number
of Properties
Sold
February
Sales
Price
600
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
3 Mo Avg
700
February
Price Listings
Average
List Average
Price of Sales
all Current
Title
Phone
Website
Other
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
Agent Name
Community Information
$1,763,000 2%
-21%
Trending versus*:
$2,447,704 Trending
-2% versus*:
-27%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,155,000
-50%
-26%
$1,763,000
2% 5% -18%
-21% -50% -25% $1,150,000
$1,155,000
-43%
-44%
$2,447,704
-2% 5% -37%
-27% -41% -42% $1,127,500
27 13%
$1,155,000 5%
-18% -50% 13%
-25% $1,150,000
-50%
-26%
2 0%
4
33% -44%
$1,155,000 5%
-37% -41% -33%
-42% $1,127,500
-43%
73 -12% 78%
78 -32%
16%
27 13%
13% -37% 9%
-33%
2 $409
0% 39% -15%
-33% -17% -26%
4 $371
33% -27%
73 $260
-12% 3%
78% -58%
-37% -3%
9% -60%
78 $256
-32% -4% 16% -60%
$409 13.5
39% 13%
-15% 26%
-17% 69%
-26% -19% $371 12.8
-27% 59% -33% -23%
$260 87.8%
3% -.9%
-58% -4.7%
-3% -2.0%
-60% -4.8% $256 88.2%
-4% -2% -60% -4%
Average List Price of all Current Listings
BALTIMORE CITY
County: Baltimore City
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
February 2018
Market Action Report
Agent Name
Market Action Report
County: Baltimore City
BALTIMORE
February 2018
Market Action Report
5
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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
16
17
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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.
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