MA ARCHIVED June 2017 | Page 8

Market Action Report June 2017
Market Action Report June 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
$ 1,610,000
-6%
-31%
Average List Price of all Current Listings
$ 2,205,566
-2%
-29%
June Median Sales Price
$ 1,285,000
21 % -22% -49% -17%
$ 1,900,000
6 %
23 %
June Average Sales Price
$ 1,285,000
21 % -30% -49% -21%
$ 1,882,778
1 %
16 %
Total Properties Currently for Sale ( Inventory )
38
0 %
27 %
June Number of Properties Sold
2
100 %
0 %
9
29 %
June Average Days on Market ( Solds )
30 -92% -83% -91% -57%
156
12 %
123 %
Asking Price per Square Foot ( based on New Listings )
$ 402
3 %
-17% -34% -19%
$ 489
-3%
-1%
June Sold Price per Square Foot
$ 225
-38% -65% -56% -39%
$ 517
77 %
40 %
June Month ' s Supply of Inventory
19.0 -50% -35% 27 %
26 %
21.5
1 %
43 %
June Sale Price vs List Price Ratio
91.7 % -5.8% -3.8% 14.2 %
-. 1 %
93.5 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
June Property sales were 2 , equal to 2 in June of 2016 and Property 100.0 % higher Sales than the 1 sales last month . June 2017 sales were
7 June at their Property lowest sales level were compared 2 , equal to to June 2 in June of 2016 of 2016 and and 2015 . June
100.0 YTD % sales higher of 9 than are the running 1 sales 28.6 last % month ahead . June of last 2017 year sales ' s year-todate their sales lowest of 7 level . compared to June of 2016 and 2015 . June
were 6 at YTD sales of 9 are running 28.6 % ahead of last year ' s year-todate sales of 7 .
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
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 O N D
J
F M A M J
15
16
17
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
14
S O N D
14
Prices
The Median Sales Price in June was $ 1,285,000 , down 48.9 %
2,800
The from Median $ 2,512,500 Sales Price in June in June of 2016 was $ and 1,285,000 up 21.2 , down % from 48.9 % from
$ 1,060,000 $ 2,512,500 last in month June of . The 2016 Average
2,800 and up Sales 21.2 % Price from in June was
2,600
$
$ 1,060,000 1,285,000 last , down month 48.9 . The % from Average $ 2,512,500 Sales Price in in June June of was 2016 and
2,6002,400
15
Median Sales Price
16 and Average Sales Price
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ up 1,285,000 21.2 % from , down $ 1,060,000 48.9 % from last $ 2,512,500 month . in June June 2017 of 2016 ASP and was at
2,4002,200
up the 21.2 lowest % from level $ 1,060,000 compared last to month June of . June 20162017 and 2015 ASP was . at the lowest level compared to June 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
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
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
14
15
16
17
1
20 20 20 1 2
18 17 18 4 3
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 38 , equal to 38 last month and up 26.7 % from 30 in June of was 38 , equal to 38 last month and up 26.7 % from 30 in June of
40 last last year year
. June . June
2017 2017
Inventory Inventory was was at its at highest its highest level level compared compared
35 with with June June of of 2016 2016 and and 2015 2015 . .
30
40
35
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
40.0
35.0
30.0
25
25
25.0
20
20
20.0
15
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a higher MSI is is better for for buyers . The . The June June 2017 2017 MSI MSI of 19.0 of 19.0
10
15
10
15.0
10.0
months was was at at its its highest level level compared with with June June of 2016 of 2016 and and
5
5
5.0
2015 . .
0
0
0.0
J
A JS AO NS DO NJ FD MJ
AF M JA
JMA J S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ
NA DS JO FNMD A
JMF J M A M J
14
14
15
15
16
16
17
17
20
17
1
13 13
13 14
12 13 2 0
16 16
14 12
2
18
16 3 2 6
21 21 21 21
16 18
16 0
21
19 2 0
28 29
21
16
2 1
33 33 33
19 28 29
2
37 33
0 33 33
2 33 30
0 37 28
1 33
2 30
2
28 5 0
25 24 25
24 25
24 25 24 24 23
21
20 4 6 1
21 31
2
20 0
38 38
24 23
3 31
2
1 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
38 1
38 1 2
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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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 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 .