MA ARCHIVED March 2017 | Page 8

BALTIMORE CITY

Community Information
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
$ 1,742,500
-23%
-21%
Average List Price of all Current Listings
$ 2,541,269
-22%
-16%
March Median Sales Price
$ 2,750,000
20 %
45 %
77 %
$ 2,290,000
15 %
48 %
March Average Sales Price
$ 2,750,000
40 %
39 %
69 %
$ 2,278,000
14 %
40 %
Total Properties Currently for Sale ( Inventory )
26
0 %
-21%
March Number of Properties Sold
2 -33%
5
150 %
March Average Days on Market ( Solds )
0 -100% -100%
-100%
69
-1%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 645
36 %
14 %
26 %
30 %
$ 566
13 %
14 %
March Sold Price per Square Foot
$ 1,156
333 % 123 %
213 %
$ 622
110 %
69 %
March Month ' s Supply of Inventory
13.0
50 %
20 %
0 %
-14%
10.8
-34%
-28%
March Sale Price vs List Price Ratio
100.0 %
11.6 % 10.1 %
8.9 %
93.8 %
-2%
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
March Property sales were 2 , up from 0 in March of 2016 and Property 33.3 % lower Sales than the 3 sales last month . March 2017 sales were
7
March at their Property highest sales level were compared 2 , up from to March 0 in March of 2016 of 2016 and 2015 and . 33.3 March % lower YTD than sales the of 35 sales are running last month 150.0 . March % ahead 2017 of sales last were year ' s 6 at year-to-date their highest sales level of compared 2 . to March of 2016 and 2015 . March YTD sales of 5 are running 150.0 % ahead of last year ' s 5 year-to-date sales of 2 .
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
1 2 0 1 1 2
14
A
M J
J
A
S O N D
J
15
F M A M J
J
A
S O N D
J
16
F M A M J
J
A
S O N D
J
F M
17
14
Prices
The Median Sales Price in March was $ 2,750,000 , up from $ 0
2,800
The in March Median of Sales 2016 Price and in up March 20.1 % was from $ 2,750,000 $ 2,290,000 , up last from month $ 0 . in
The March Average of 2016 Sales and Price up 20.1 in March % from was $ 2,290,000 $ 2,750,000 last , month up from . $
02,8002,600
The in March Average of Sales 2016 Price and up in March 40.1 % was from $ 2,750,000 $ 1,963,333 , up last from month $ 0 .
2,6002,400
15
16
Median Sales Price and Average Sales Price
17
3 Mo Avg
3 Mo Avg
in
March 2017 of 2016 ASP and was up at 40.1 the % highest from $ 1,963,333 level compared last month to March . of
2,4002,200
March
2016 and 20172015 ASP . was at the highest level compared to March 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
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
A
M
14 J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17
14
15
16
17
4 3 1 2
A M J J A S O N D J
0 2 3 2 6 0 2 0 2 1 2 0
F M A M J J A S O N D J
2 0 1 2 2 5 0 4 6 1 2
1 2 0 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
0
F M A M J J A S O N D J
3 2
F M
Inventory & MSI The Total Inventory of Properties available for sale as of March was 26 , equal to 26 last month and down 21.2 % from 33 in March of last year . March 2017 Inventory was at a mid level compared with March of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2017 MSI of 13.0 months was at its highest level compared with March of 2016 and 2015 .
40 35 30 25 20 15 10 5 0
40 35 30 25 20 15 10 5 0
19
22
23 22
19
23
20 20
Total Inventory & Month ' s Supply of Inventory ( MSI )
20
20
18 17
18
17
13 13
13 14 12
13
16
16
14
12
18
16
21 21 21 21
16
18
16
19
28 29
33 33 33
37
33
30
28
25 24 25 24 25 24 25 26 24 26
21 21
A M AJ MJ AJ SJ OA NS DO JN FD MJ
AF MJ AJMA JS JO AN SD OJ
NF MD AJ M J J A S O N D J
14 14
15 15
16 16
17
21
21
16
19
28
29
33
33
33
37
33
30
28
21
F M A M J J A S OFNM D J
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
F M
17
21
26
26
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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