MA ARCHIVED July 2017 | Page 8

Market Action Report July 2017
Market Action Report July 2017

BALTIMORE County : Baltimore City CITY

Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,695,000
0 %
-32%
Average List Price of all Current Listings
$ 2,495,803
12 %
-26%
July Median Sales Price
$ 1,180,000
-8%
-1% -31% -24%
$ 1,312,500
-25%
-15%
July Average Sales Price
$ 1,210,000
-6%
-6% -26% -26%
$ 1,642,500
-7%
1 %
Total Properties Currently for Sale ( Inventory )
33 -11%
22 %
July Number of Properties Sold
5
150 %
0 %
14
17 %
July Average Days on Market ( Solds )
27 -10% -80% -51% -61%
110
6 %
57 %
Asking Price per Square Foot ( based on New Listings )
$ 1,209
201 % 148 % 320 % 145 %
$ 519
5 %
5 %
July Sold Price per Square Foot
$ 258
14 % -25% -37% -30%
$ 470
37 %
27 %
July Month ' s Supply of Inventory
6.6 -64% -68% 22 %
-55%
18.5
3 %
26 %
July Sale Price vs List Price Ratio
91.2 %
-. 5 % -. 9 % -2.1% -. 6 %
92.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
July Property sales were 5 , equal to 5 in July of 2016 and Property 150.0 % higher Sales than the 2 sales last month . July 2017 sales were
7
July at their Property highest sales level were compared 5 , equal to to 5 July in July of 2016 of 2016 and and 2015 . July 150.0 YTD % sales higher of 14 than are the running 2 sales 16.7 last % month ahead . July of last 2017 year sales ' s year-todate their sales highest of 12 level . compared to July of 2016 and 2015 . July
were 6 at YTD sales of 14 are running 16.7 % ahead of last year ' s year-todate sales of 12 .
5 4
7 6 5 4 3
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
3 2
2 1
1
0
0
A
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
14
15
16
17
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
J
14
Prices
The Median Sales Price in July was $ 1,180,000 , down 30.6 %
2,800
The from Median $ 1,700,000 Sales Price in July in July of 2016 was $ and 1,180,000 down , 8.2 down % from 30.6 % from
$ 1,285,000 $ 1,700,000 last in month July of . The 2016 Average
2,800 and down Sales 8.2 Price % from in July was
2,600
$
$ 1,285,000 1,210,000 last , down month 25.8 . The % from Average $ 1,630,200 Sales Price in in July July of was 2016 and
2,6002,400
15
Median Sales Price
16 and Average Sales
17 Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 1,210,000 5.8 %, down from 25.8 $ 1,285,000 % from $ last 1,630,200 month in . July 2017 of 2016 ASP and was at
2,4002,200
down the lowest 5.8 % from level $ compared 1,285,000 to last July month of 2016 . July and 2017 2015 ASP . was at the lowest level compared to July of 2016 and 2015 .
2,2002,000
2,0001,800
1,8001,600
1,6001,400
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
A
S
14 O N D
J
F
M15 A M J
J
A S O N D
J
F
M16 A M J
J
A S O N D
J
F M A17M J
J
14
15
16
17
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 33 , down 10.8 % from 37 last month and up 22.2 % from 27 in July of last year . July 2017 Inventory was at its highest level compared with July of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 6.6 months was at its highest level compared with July of 2016 and 2015 .
40 35 30 25 20 15 10 5 0
40 35 30 25 20 15 10 5
0 A 14
20 1
18 20 17
2 18
4
17 3 1
13 13
13 14
12 13 2 0
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
16 16
14 12
2
18
16 3 2 6
21 21 21 21
16 18
16 0 21 19
2
21 0
28 29
16
2 1 2
33 33 33
19 28 29
37 33
0 33 32
2 33 29
0 37 27
1 32
2 29
2
27 5 0
24 23 24
23 24
23
24 23 23 22
20
19 4 6 1 20 30
2
19 0
37 37
23 3 33
22
30 2 1
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
S AO NS OD NJ FD MJ
AF M JA JM AJ S J OAN SD OJ NF DM JA MF MJ AJ MA SJ OJ NA DS JO FN MD AJMF JMJ
A M J J
14 15 15
16 16
17 17
37
1 2 4 3 1 2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1 2 2 5 0 4 6 1 2 0 3 2 1 1 2 5
37 1
33 2 5
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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