MA ARCHIVED July 2017 | Page 10

Market Action Report
July 2017
County: Baltimore
BALTIMORE
Market Action Report COUNTY
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Baltimore
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,495,000 -3%
7%
Trending versus*:
$2,014,958 Trending
-1% versus*: 9%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,211,500
-8%
-2%
$1,495,000
-3% -19% -10%
7% -18% -12% $1,350,000
$1,528,896
-8%
-4%
$2,014,958
-1% -3% 1%
9% 3% -2% $1,488,014
4%
$1,211,500 119
-19% -2%
-10% -18% -12%
$1,350,000
-8%
-2%
12 20%
42 -24% -4%
$1,528,896 -3%
1% 3% 9%
-2% $1,488,014
-8%
80
-4%
-18%
119 107
-2% 114% 47%
4% 9% 10%
-9%
12 $195
20% -2% -9%
9% 0% -19%
42 $221
-24% -8%
107 $203
114% 7%
47% -1%
9% -23%
10% -7%
80 $220
-4% -6% -18%
0%
$195 9.9
-2% -18%
-9% -20%
0% -4%
-19% -38% $221 22.9
-8% 55% -9%
44%
$203 90.0%
7% -3.8%
-1% -3.6%
-23% -3.0%
-7% -1.4% $220 93.1%
-6%
1% 0%
2%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median
Sales
Price
Median
List Price
of all
Current Listings
July Average
Sales
Price
Average
List Price
of all
Current Listings
Total
Properties
Currently for Sale (Inventory)
July
Median
Sales Price
July Average
Number
of Properties
Sold
July
Sales
Price
July Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
July
Days per
on Square
Market Foot
(Solds)
July Average
Sold Price
Asking
Price per Supply
Square of Foot
(based on New Listings)
July Month's
Inventory
July
Foot Ratio
July Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 9.9 -18% -20% -4%
July
Month's
Supply 3 Months
of Inventory
-38%
22.9
55%
44%
90.0% -3.8% -3.6% -3.0% -1.4%
1% Sold 2%
Number of 93.1%
Properties
July Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3 Mo Avg
14
15
4
5
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
14
15
16
17
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
The Median Sales Price in July was $1,211,500, down 17.9%
Prices
from
$1,475,000
in July
of 2016
and down 18.6%
from
The
Median
Sales Price
in July
was $1,211,500,
down 17.9%
2,000
$1,487,500
last in
month.
Sales
Price
in July was
from
$1,475,000
July of The
2016 Average
and down
18.6%
from
2,000
$1,528,896,
up
2.8%
from
$1,486,818
in
July
of
2016
and
down
$1,487,500 last month. The Average Sales Price in July was
1,800
3.4% from up
$1,582,984
month. July
2017
ASP and
was down
at the
$1,528,896,
2.8% from last
$1,486,818
in July
of 2016
1,800
highest
compared
July of July
2016
and ASP
2015.
3.4%
from level
$1,582,984
last to
month.
2017
was at the
1,600
highest level compared to July of 2016 and 2015.
0
2
2 4 4
6 6
8 8
Prices
Number of Properties Sold
10
10
0
3 Mo Avg
12
YTD sales of 42 are running 23.6% behind last year's year-to-
date sales of 55.
14
July Property sales were 12, up 9.1% from 11 in July of 2016 and
20.0% higher
than the 10 sales last month. July 2017 sales were
Property
Sales
14
at their
highest
level
to from
July of
2016
2015. and
July
July
Property
sales
were compared
12, up 9.1%
11 in
July and
of 2016
YTD
sales
of
42
are
running
23.6%
behind
last
year's
year-to-
20.0% higher than the 10 sales last month. July 2017 sales were 12
of 55.
at date
their sales
highest
level compared to July of 2016 and 2015. July
Property Sales
16
17
Median Sales Price
and Average Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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
A S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of July
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
2017
of 9.9
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 9.9
months
at at
its its
lowest
level
compared
with with
July July
of 2016
and and 20
months was
was
lowest
level
compared
of 2016
0
2015.
2015.
60
40
20
100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
80
100.0
80
The Total Inventory of Properties available for sale as of July
was 119, down 1.7% from 121 last month and up 4.4% from 114 140 140
was 119, down 1.7% from 121 last month and up 4.4% from 114
July of of
last
year.
July
2017
Inventory
at highest
its highest
in in July
last
year.
July
2017
Inventory
was was
at its
level level 120 120
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
100 100
0.0
0
A S A
O N
J 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 D
M J A M
J A
J M
A S J O J N A D S J O F N M D A J M F J M J A M J J
S D
O N
F M
14 14
15
16
17
15
16
17
0.0
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
10
coldwellbankerluxury.com
Copyright © Coldwell
Banker Residential Brokerage | P rice 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.