MA ARCHIVED June 2016 | Page 11

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 June was 124 , up 463.6 % from 22 days last month and up 300.0 % from 31 days in June of last year . The June 2016 DOM was at a mid level compared with June of 2015 and 2014 .
350 300 250 200 150 100 50
Days On Market for Sold Properties
42 31
3 Mo Avg
124
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 June 2016 Selling Price per Square Foot of $ 230 was down 7.7 % from $ 249 last month and up 56.2 % from 147 in June 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 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 June 2016 Selling Price vs Original List Price of 87.5 % was down from 96.3 % last month and down from 96.0 % in June of last year .
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 June 2016 was 34 , equal to 34 last month and up 47.8 % from 23 in June of last year .
0
400 350 300 250 200 150 100
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
140 120 100 80 60 40 20 0
J
A
S
O N D
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F M A M
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J
A
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O N D
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F M A M
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F M A M
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13
14
15
16
Selling Price per Square Foot
3 Mo Avg
181
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A
S
O N D
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F M A M
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F M A M
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F M A M
13
14
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.0 %
90.8 %
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A
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O N D
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F M A M
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O N D
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F M A M
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F M A M
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13
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Inventory / New Listings / Sales
101 98 97 93
80
66 63 68 73
105 114 110 112 114 115
106
93
79 76 75
82 94
113
147
112 104 106 108
100
85
74 73
82
3 Mo Avg
J
A
S
O N D
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F M A M
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S
O N D
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F M A M
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A
S
O N D
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F M A M
13
14
15
16
95 113 109
230
J
87.5 %
123
J
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