MA ARCHIVED June 2017 | Page 10

Market Action Report
June 2017
County: Baltimore
BALTIMORE
Market Action Report COUNTY
Agent Name
June 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
$1,545,000 -3%
11%
$2,017,315 Trending
-1% versus*:
13%
Month
LM L3M PYM
LY
$1,487,500
$1,545,000
-3% 9% 10%
11% -1%
$1,582,984
$2,017,315
-1% 13% 9%
13% -9%
$1,487,500 123
9% 2%
10% -1% 6%
8%
10 25%
$1,582,984 13%
9% -9% -17%
2%
50 -25% -17%
123 2%
6% -60%
10 $197
25% -20% -11%
-17% -18%
50 $190
-25% -10%
-17% -11%
-60% -18%
-48%
$197 12.3
-20% -18%
-11% -41%
-18% 27%
-19%
$190 93.6%
-10% -3.2%
-11% -2.0%
-18% 7.0%
-13%
Average List Price of all Current Listings
Market Profile & Trends Overview
June Median
Sales
Price
Median
List Price
of all
Current Listings
June Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
June
Sales Currently
Price
June Average
Number
of Properties
Sold
June
Sales
Price
June Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of
per
Square Foot
June
Number
Properties
Sold (based on New Listings)
June
Days per
on Square
Market Foot
(Solds)
June Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
June Month's
Inventory
June
Foot Ratio
June Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 12.3 -18% -41% 27% -23%
June
Month's
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Property sales were 10, down 16.7% from 12 in June of
2016 and 25.0%
Property
Sales higher than the 8 sales last month. June 2017 14
sales Property
were at sales
a mid were
level 10,
compared
to June
and
June
down 16.7%
from of
12 2016
in June
of 2015.
June and
YTD
sales higher
of 30 than
are running
31.8%
2016
25.0%
the 8 sales
last behind
month. last
June year's
2017 year-
12
to-date
of 44.
sales
were sales
at a mid
level compared to June of 2016 and 2015.
14
$1,360,000
$1,471,661
$1,360,000
$1,471,661
-3%
-11%
-1%
-5%
-3%
-1%
30 -32% -5%
-11%
-48%
69 -13%
-19%
30 $225
-32% -8%
69 $223
-13% -2% -29%
-13%
-8% 62% -7%
-23% $225 25.1
-2%
2.5% $223 94.4%
2% 2%
-29%
-7%
2%
58%
3%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
10
Prices
15
16 and Average Sales Price
17
Median Sales Price
Median Sales Price and Average Sales Price
3
6
14
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 F M A M J
14
15
16
17
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 F M A M J
0
0 2
2 4 4
6 6
8 8
10
The Median Sales Price in June was $1,487,500, down 1.2%
Prices
from
$1,505,000
in June
of 2016
and up 9.4%
from
$1,360,000
The
Median
Sales Price
in June
was $1,487,500,
down
1.2%
2,000
last $1,505,000
month. The in Average
June from
was $1,360,000
$1,582,984,
from
June of Sales
2016 Price
and up in 9.4%
2,000
down
9.0%
from
$1,739,708
in
June
of
2016
and
up
12.7%
from
last month. The Average Sales Price in June was $1,582,984,
1,800
$1,404,375
last $1,739,708
month. June
2017 of ASP
was
a mid
range
down
9.0% from
in June
2016
and at up
12.7%
from
1,800
compared last
to June
of 2016
$1,404,375
month.
June and
2017 2015.
ASP was at a mid range
1,600
compared to June of 2016 and 2015.
8%
2%
12
June YTD sales of 30 are running 31.8% behind last year's year-
to-date sales of 44.
Trending versus*:
Prior YTD Prior Year
YTD
25.1
62%
58%
93.6% -3.2% -2.0% 7.0% 2.5%
2% Sold 3%
Number of 94.4%
Properties
June Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 F M A M J
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M 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)
60
40
20
80
100.0
100.0
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.
June
2017
of 12.3
higher
is is
better
for for
buyers.
The The
June
2017
MSI MSI
of 12.3
20
months
at at
a mid
level
compared
with
June
of 2016
and and
months was
was
a mid
level
compared
with
June
of 2016
0
2015.
2015.
80
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of June
The Total Inventory of Properties available for sale as of June
was 123, up 2.5% from 120 last month and up 6.0% from 116 in 140 140
was 123, up 2.5% from 120 last month and up 6.0% from 116 in
June of of last
last
year. June
June
2017
Inventory
at highest
its highest
June
year.
2017
Inventory
was was
at its
level level 120 120
compared
with
June
2016
2015.
compared
with
June
of of
2016
and and
2015.
100 100
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
0.0
0
J A J S O
M A
J A
J A
A N S D O J N 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
J M
F M
M S J O J N A D S J O F N M D A J M F J M A M J
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 | Price 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.