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 July was 54 , down 3.6 % from 56 days last month and down 8.5 % from 59 days in July of last year . The July 2016 DOM was at its lowest level compared with July of 2015 and 2014 .
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 July 2016 Selling Price per Square Foot of $ 149 was up 2.6 % from $ 145 last month and up 9.5 % from 136 in July 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 |
97 % |
original list price . The lower the ratio is below 100 % the more of |
96 % |
|
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The July 2016 Selling Price vs Original List
Price of 96.4 % was up from 96.3 % last month and up from 95.1 %
|
95 %
94 %
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in July of last year . |
93 % |
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 July 2016 was 886 , down 14.1 % from 1,032 last month and down 8.8 % from 972 in July of last year .
Days On Market for Sold Properties
100 90 80 70
58 59 60
54
50 40 30 20 10 0 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 M J J 13
14 15
16
Selling Price per Square Foot
3 Mo Avg
149 150 145
141
140
136
135 130 125 120 115 110 105 100
92 % 91 % 90 % 89 %
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 M |
J |
J |
13 |
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14 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio
94.5 %
88 % |
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 M |
J |
J |
13 |
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14 |
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15 |
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16 |
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Inventory / New Listings / Sales |
3,000 2,500 2,000 1,500 1,000
500
2,253 2,313 2,371
2,249 2,043 1,964
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,964 2,095
2,393
2,538 2,656 2,666 2,750 2,768 2,748
2,535 2,294 2,182 2,108 2,190
2,465 2,679 2,757
95.1 %
2,785 2,729 2,779
2,630
2,473 2,180 2,084 2,015
2,164
3 Mo Avg
3 Mo Avg
2,295 2,341 2,431
96.4 %
2,291
0
A |
S |
O N D |
J |
F M A M J |
J |
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O N D |
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F M A M J |
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O N D |
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F M A M J |
13 |
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14 |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 11