MA ARCHIVED March 2018 | Page 10

COUNTY
March 2018
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
Trending versus*:
LM L3M PYM
LY
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 12.7 -41% -16% -42% -52%
March
Supply
of Inventory
85.1% -9.3% -5.0%
March Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
3 Mo Avg
350
300
250
219
150
100
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
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16
17
18
12
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
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16
17
18
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
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16 Median Sales Price and
17 Average Sales Price
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
Selling Price versus Listing Price Ratio
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 March 2018 Selling Price vs Original
List Price of 85.1% was down from 93.8% last month and down
from 96.7% in March of last year.
100%
95%
85.1%
80%
75%
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
15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
60
100.0 100.0 40
80.0 80.0 20
60.0 60.0 0
40 40.0 40.0 20 20.0 20.0 0 0.0 0.0 60
80
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
15 15
16
17
18
16
17
18
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.
120.0
120.0
80
Total Inventory & Month's Supply of Inventory (MSI)
100
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 89, up 3.5% from 86 last month and up 2.3% from 87 in 140 140
was 89, up 3.5% from 86 last month and up 2.3% from 87 in
March of of last
last
year. March
March
2018
Inventory
a mid
March
year.
2018
Inventory
was was
at a at
mid
level level 120 120
compared
with
March
2017
2016.
compared
with
March
of of
2017
and and
2016.
100 100
120
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
140
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
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A M 15
J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F M
15
16
17
18
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 March 2018 was 21, up 40.0% from 15 last month and down
41.7% from 36 in March of last year.
1,000
1,200
1,200
60
92.5%
90%
1,400
80
96.7%
85%
1,400
1,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
0
2
269
234
200
$1,180,000
in March
of March
2017 and
9.1% from up $1,178,065
The
Median Sales
Price in
was up
$1,285,000,
8.9% from last
2,000
month. The
Average
in 9.1%
March
was
$1,470,429,
$1,180,000
in March
of Sales
2017 Price
and up
from
$1,178,065
last up
2,000
23.2%
from
$1,193,750
in
March
of
2017
and
up
13.7%
from
month. The Average Sales Price in March was $1,470,429, up
1,800
$1,292,782
last month.
March of 2018
at a mid
23.2%
from $1,193,750
in March
2017 ASP
and was
up 13.7%
from range
1,800
compared last
to March
2017 and
$1,292,782
month. of March
2018 2016.
ASP was at a mid range
1,600
compared to March of 2017 and 2016.
1,600
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
2018
of 12.7
higher
is is
better
for for
buyers.
The The
March
2018
MSI MSI
of 12.7
20
months
at at
its its
lowest
level
compared
with with
March
of 2017
and and
months was
was
lowest
level
compared
March
of 2017
0
2016.
2016.
3 Mo Avg
400
4
2
The Median Sales Price in March was $1,285,000, up 8.9% from
Prices
Selling Price per Square Foot
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 March 2018 Selling Price per Square Foot of $269 was up
68.5% from $160 last month and up 15.0% from 234 in March of
last year.
6
4
Prices
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
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16
17
18
8
6
0
80
0
10
8
93
100
20
12
10
124
40
14
12
15.2 -47%
-43%
-7.1%
-1% Sold -0%
Number of 91.3%
Properties
126
120
60
-28%
30%
-9%
-43%
-0%
16
14
18
March YTD sales of 18 are running 100.0% ahead of last year's
year-to-date sales of 9.
-44%
21%
-28%
-21%
-47% 30%
-1% -9%
Number of Properties Sold
March Property sales were 7, up 75.0% from 4 in March of 2017
and 75.0% Sales
higher than the 4 sales last month. March 2018 sales
Property
20
were at
their highest
level 7, compared
to March
of 2017
March
Property
sales were
up 75.0% from
4 in March
of and
2017 2016.
18
March
YTD
sales
of
18
are
running
100.0%
ahead
of
last
year's
and 75.0% higher than the 4 sales last month. March 2018 sales
year-to-date
sales of
9. compared to March of 2017 and 2016. 16
were
at their highest
level
-12.0%
20
Property Sales
55%
58
58%
18 $282
100%
58 $192
-44%
28%
21%
-52% $282 15.2
-21%
-7.1% $192 91.3%
-3%
100% -2%
140
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
8%
18
4%
-3%
-2%
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
$1,290,065
$1,436,896
8%
4%
160
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
$1,290,065
$1,436,896
180
Asking
Price per
Square Foot
(based on New Listings )
March
Number
of Properties
Sold
-3%
0%
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 March was 124, up 520.0% from
20 days last month and up 33.3% from 93 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
3 Mo Avg
200
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
Trending versus*:
Prior YTD Prior Year
Market Time
March Average
Number
of Properties
Sold
March
Sales
Price
YTD
YTD
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
Title
Phone
Website
Other
March Average
Average
List Price Sales
of all Price
Current Listings
Agent Name
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
BALTIMORE COUNTY
County: Baltimore
Price Range: $1,000,000 and Up | Properties: SFH - Con
$1,628,300 4%
2%
$2,048,812 Trending
4% versus*:
-0%
Month
LM L3M PYM
LY
$1,285,000
$1,628,300
4% 9% 0%
2% 9%
$1,470,429
$2,048,812
4% 14% -2%
-0% 23%
89 3%
$1,285,000 9%
0% 9% 2%
-3%
7 75%
$1,470,429 14%
-2% 23% 75%
0%
89 124
3% 520% 28%
2% 33%
7 $342
75% 51% 23%
75% 48%
124 $269
520% 69%
28% 47%
33% 15%
55%
$342 12.7
51% -41%
23% -16%
48% -42%
58%
$269 85.1%
69% -9.3%
47% -5.0%
15% -12.0%
28%
Average List Price of all Current Listings
March 2018
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
Market Action Report
Community Information
Market Action Report
Agent Name
County: Baltimore
BALTIMORE
March 2018
Market Action Report
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
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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.
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