MA ARCHIVED March 2017 | Page 10

Market Action Report
March 2017
County: Baltimore
BALTIMORE
Market Action Report COUNTY
Agent Name
March 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
$1,599,000 0%
8%
$2,145,820 Trending
0% versus*:
25%
Month
LM L3M PYM
LY
$1,180,000
$1,599,000
0% -2% -5%
8% -42%
$1,193,750
$2,145,820
0% -7% -13%
25% -38%
90 6%
$1,180,000 -2%
-5% -42% -2%
-14%
4 33%
$1,193,750 -7%
-13% -38% -33%
-23%
93 31% -5%
90 6%
-2% -26%
0% 7%
4 $237
33% 2% -33%
93 $234
31% 53%
-5% -26%
-4%
1% 7%
$237 22.5
2% -21%
0% -24%
7% 47%
-3%
$234 96.7%
53% 9.1%
1% 6.0%
7% 4.5%
7%
Average List Price of all Current Listings
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
March Average
Average
List Price Sales
of all Price
Current Listings
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
March Average
Number
of Properties
Sold
March
Sales
Price
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 22.5 -21% -24% 47%
March
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
-27%
-13%
9 -53%
-12%
-11%
-4%
104
-3%
9 $239
-53%
104 $243
41%
7%
8%
42% $239 29.6
16%
5.9% $243 92.3%
41%
8%
16% 7%
81% -2%
-1% 11%
7%
-2%
11%
86%
1%
3 Mo Avg
3 Mo Avg
5
0
2
2 4 4
6 6
8
15 Median
14
Sales Price and 16 Average Sales Price
Median Sales Price and Average Sales Price
4
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 O N D J F M
14
15
16
17
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 O N D J F M
The Median Sales Price in March was $1,180,000, down 41.7%
Prices
from
$2,025,000
in March
of 2016
and down 1.7%
The
Median
Sales Price
in March
was $1,180,000,
down from
41.7%
2,000
$1,200,000
last in
month.
Average
Sales 1.7%
Price from
in March was
from
$2,025,000
March The
of 2016
and down
2,000
$1,193,750,
down
38.4%
from
$1,936,669
in
March
of
2016
and
$1,200,000 last month. The Average Sales Price in March was
1,800
down 6.6% down
from 38.4%
$1,277,500
last month.
2017
ASP
$1,193,750,
from $1,936,669
in March
March of
2016
and was at
1,800
the lowest
level $1,277,500
compared last
to March
2016 and
down
6.6% from
month. of March
2017 2015.
ASP was at
1,600
the lowest level compared to March of 2016 and 2015.
-13%
-11%
Number of Properties Sold
8
Prices
$1,200,000
$1,386,944
-27%
-12%
10
10
0
-14% $1,200,000
-23% $1,386,944
12
2015. March YTD sales of 9 are running 52.6% behind last
year's year-to-date sales of 19.
14
March Property sales were 4, down 33.3% from 6 in March of
2016 and 33.3%
Property
Sales higher than the 3 sales last month. March 2017
14
sales were
at their
compared
to March
of 2016
March
Property
sales lowest
were 4, level
down
33.3% from
6 in March
of and
2015.
March
YTD
sales
of
9
are
running
52.6%
behind
last
2016 and 33.3% higher than the 3 sales last month. March 2017 12
year's
year-to-date
sales level
of 19.
sales
were
at their lowest
compared to March of 2016 and
Trending versus*:
Prior YTD Prior Year
YTD
42%
29.6
81%
86%
96.7% 9.1% 6.0% 4.5% 5.9%
-1% Sold 1%
Number of 92.3%
Properties
March Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
17
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 O N D J F M
17
A M 14
J J A S O N D J F M 15 A M J J A S O N D J F M 16
A M J J A S O N D J F M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
80
60
40
20
100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
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.
March
2017
of 22.5
higher
is is
better
for for
buyers.
The The
March
2017
MSI MSI
of 22.5
months
at at
its its
highest
level
compared
with with
March
of 2016
months was
was
highest
level
compared
March
of 2016 20
0
and
and 2015.
2015.
100.0
80
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of March
The Total Inventory of Properties available for sale as of March
was 90, up 5.9% from 85 last month and down 2.2% from 92 in 140 140
was 90, up 5.9% from 85 last month and down 2.2% from 92 in
March of of last
last
year. March
March
2017
Inventory
a mid
March
year.
2017
Inventory
was was
at a at
mid
level level 120 120
compared
with
March
2016
2015.
compared
with
March
of of
2016
and and
2015.
100 100
0.0
0
A M A J M
J A J S J O 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 M
J J A A M S J O J N A D S J O F N M D J F M
D A J M 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 | 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.