Baltimore County
MARKET ACTION REPORT
County: Baltimore
January 2016
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Days On Market for Sold Properties
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 January was 53, down 20.9% from 67 days
last month and up 20.5% from 44 days in January of
last year. The January 2016 DOM was at a mid level
compared with January of 2015 and 2014.
Average Days on Market (Listing to Contract) for properties sold during the month
350
3 Mo Avg
300
250
200
150
100
0
53
44
30
50
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
13
14
15
16
Selling Price per Square Foot
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
January 2016 Selling Price per Square Foot of $0 was
down 100.0% from $186 last month and down 100.0%
from 163 in January of last year.
Average Selling Price per Square Foot for properties that sold during the month
400
3 Mo Avg
350
300
245
250
200
163
150
100
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
13
14
15
16
Selling Price versus Listing Price Ratio
Selling Price vs Original Listing 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 January 2016 Selling Price vs Original List Price of
94.5% was up from 89.9% last month and up from
93.8% in January of last year.
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
94.5%
93.8%
93.2%
95%
3 Mo Avg
90%
85%
80%
75%
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
13
14
15
16
Inventory / New Listings / Sales
0
Sales
88
77
77
79
76
75
82
80
66
63
68
73
New Listings
94
105
114
110
112
114
115
106
93
Inventory
91
105
101
100
97
96
93
This last view of the market combines monthly
120
inventory of Properti