MA ARCHIVED March 2018 | Page 18

Market Action Report March 2018
Market Action Report March 2018

BALTIMORE County : Baltimore COUNTY

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
$ 1,628,300
4 %
2 %
Average List Price of all Current Listings
$ 2,048,812
4 %
-0%
March Median Sales Price
$ 1,285,000
9 %
0 %
9 %
-3%
$ 1,290,065
8 %
-3%
March Average Sales Price
$ 1,470,429
14 %
-2%
23 %
0 %
$ 1,436,896
4 %
-2%
Total Properties Currently for Sale ( Inventory )
89
3 %
2 %
March Number of Properties Sold
7
75 %
75 %
18
100 %
March Average Days on Market ( Solds )
124
520 % 28 %
33 %
55 %
58
-44%
-28%
Asking Price per Square Foot ( based on New Listings )
$ 342
51 %
23 %
48 %
58 %
$ 282
21 %
30 %
March Sold Price per Square Foot
$ 269
69 %
47 %
15 %
28 %
$ 192
-21%
-9%
March Month ' s Supply of Inventory
12.7 -41% -16% -42% -52%
15.2
-47%
-43%
March Sale Price vs List Price Ratio
85.1 % -9.3% -5.0% -12.0% -7.1%
91.3 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
March Property sales were 7 , up 75.0 % from 4 in March of 2017
Property and 75.0 % Sales higher than the 4 sales last month . March 2018 sales
20
March were at Property their highest sales were level 7 , compared up 75.0 % from to March 4 in March of 2017 of and 20172016 . and
March 75.0 % YTD higher sales than of 18 the are 4 sales running last month 100.0 %. March ahead 2018 of last sales year ' s
18
20
18
16
14
Number of Properties Sold
3 Mo Avg
were year-to-date at their highest sales of level 9 . compared to March of 2017 and 2016 .
March YTD sales of 18 are running 100.0 % ahead of last year ' s year-to-date sales of 9 .
16
14
12
10
8
12
10
8
6
6
4
4
2
2
0
0
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
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
Prices
15
Prices
The Median Sales Price in March was $ 1,285,000 , up 8.9 % from
The
$ 1,180,000 Median Sales in March Price in of March 2017 and was up $ 1,285,000 9.1 % from , up $ 1,178,065 8.9 % from last
2,000
$ month 1,180,000 . The in March Average of Sales 2017 Price and up in 9.1 March % from was $ 1,178,065 $ 1,470,429 last , up
2,000 month
23.2 %. The from Average $ 1,193,750 Sales in Price March in March of 2017 was and $ 1,470,429 up 13.7 %, up from
1,800
23.2
$ 1,292,782 % from $ last 1,193,750 month in . March of 2018 2017 ASP and was up 13.7 at a % mid from range
1,800
$ compared 1,292,782 last to March month of . March 2017 and 20182016 ASP . was at a mid range
1,600 compared to March of 2017 and 2016 .
1,600
16Median
Sales Price and 17Average Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
1,400
1,400
1,200
1,200
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 89 , up 3.5 % from 86 last month and up 2.3 % from 87 in was 89 , up 3.5 % from 86 last month and up 2.3 % from 87 in
140
March
March of of last last year year . March
. March 2018
2018 Inventory
Inventory was was at a at mid a mid level level
120 compared compared with with March March of of 2017 2017 and and 2016 2016 . .
100
80
60
140
120
100
80
60
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
100.0
80.0
60.0
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a
40 higher MSI is is better for for buyers . The . The March March 2018 2018 MSI MSI of 12.7 of 12.7 was at its level with March of 2017 and
20 months was at its lowest level compared with March of 2017 and
40
20
40.0
20.0
2016 . .
0
0
0.0
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AF MJ
AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ
JA AM SJ
OJ NAD S J
OF NM
D J
F M
15
15
16
16
17
17
18
18
1 9 5 6 5 5 8 3 4 10 3 6 5 8
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 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
18 15
16 17
18
94
1 9 5
113
112 104 106 108
Agent Name 94
Title Phone Website Other
6 5 100
5
113
112 104 106 108 85
8 100
3 85
74 71
79 4
91 10 3
74 71
79
6
106 101
115
91
Number of Properties Sold
5 8 12
113 108 114 112
106 101
11 98
12 83
4
115 113 108 114 112
7 98
75 81
8
83 87 4 2 3
106 117 116 113
75 81 87
12 11 12 4 7 8 4 2 3 4 3 8
4
106
3 8 10
112 114 117
104
10 12 18 4
12 10 89
18
117 116 113 112 114 117
4
80 86
104 10
89 89
1 8
80 86
1 8 7 4 7
3 Mo Avg
7
89 4 7
120.0 100.0
80.0 60.0 40.0 20.0 0.0
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