MA ARCHIVED March 2018 | Page 8

CITY
March 2018
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Baltimore
City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Market Time
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 0, down 100.0% from
73 days last month and up from 0 days in March of last year.
The March 2018 DOM was at its lowest level compared with
March of 2017 and 2016.
0
0.0%
March Sale Price vs List Price Ratio
-100.0% -100.0% -100.0%
Property Sales
7
March Property sales were 0, down 100.0% from 2 in March of
2017 and 100.0%
6
Property
Sales lower than the 2 sales last month. March 2018
7
sales were
at their
compared
to March
of 2017
March
Property
sales lowest
were 0, level
down
100.0% from
2 in March
of and
5
2016.
YTD
sales
of the
4 are
running
20.0% behind
last 6
2017
and March
100.0%
lower
than
2 sales
last month.
March 2018
year's
year-to-date
sales level
of 5. compared to March of 2017 and
sales
were
at their lowest
4
5
2016. March YTD sales of 4 are running 20.0% behind last
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 0.0% was down from 87.8% last month and down
from 100.0% in March of last year.
120%
80%
60%
20%
0%
2,000
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
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16
17
18
2,000
A M A J M
J A J S J O
J J A A M S J O J N A D S J O F N M D J F M
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
D A J M
F M
15 15
16
17
18
16
17
18
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
8 Copyright
| © Coldwell
Copyright
© coldwellbankerluxury.com
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.
15
10
20
25
30
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
35
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
30
25
20
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 15
higher MSI
MSI
better
buyers.
March
2018
of 0.0 10
higher
is is
better
for for
buyers.
The The
March
2018
MSI MSI
of 0.0
months
at at
a mid
level
compared
with
March
of 2017
and and 5
months was
was
a mid
level
compared
with
March
of 2017
0
2016.
2016.
Total Inventory & Month's Supply of Inventory (MSI)
40
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
45
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
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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 7, up 16.7% from 6 last month and down
22.2% from 9 in March of last year.
1,000
45
40
35
30
25
20
15
10
5
0
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,500
1,500
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 31, up 19.2% from 26 last month and up 40.9% from 22 in 45
was 31, up 19.2% from 26 last month and up 40.9% from 22 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 40
compared
with
March
2017
2016.
35
compared
with
March
of of
2017
and and
2016.
100.0%
100%
40%
2,500
1,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Prices
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
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16 Median Sales Price and
17 Average Sales Price
18
The Median Sales Price in March was $0, down 100.0% from
Prices
$2,750,000
in March
of March
2017 and
100.0%
from
The
Median Sales
Price in
was down
$0, down
100.0%
from
$1,155,000 in last
month.
The and
Average
Price
in March was
$2,750,000
March
of 2017
down Sales
100.0%
from
3,000
$0, down last
100.0%
from
$2,750,000
in March
of March
2017 and
$1,155,000
month.
The
Average Sales
Price in
was down
3,000
100.0%
from
$1,155,000
last
month.
March
2018
ASP
was
at
a
$0, down 100.0% from $2,750,000 in March of 2017 and down
2,500
mid range
to last
March
of 2017
and 2018
2016.
100.0%
from compared
$1,155,000
month.
March
ASP was at a
mid range compared to March of 2017 and 2016.
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
0
0
1
1
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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2
3 Mo Avg
3 Mo Avg
1,156
150
2
3
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
1,150
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
950
more normalized indicator on the direction of Property values.
The March 2018 Selling Price per Square Foot of $0 was down
750
100.0% from $260 last month and down 100.0% from 1,156 in
March of last year.
550
350
3
4
year's year-to-date sales of 5.
12.3
31%
-24%
-100.0%
-6% Sold -4%
Number of 88.2%
Properties
Number of Properties Sold
Selling Price per Square Foot
Selling Price per Square Foot
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 0.0 -100% -100% -100% -100%
March
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
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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-100
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
100
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
200
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
300
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
400
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
500
March Average
Number
of Properties
Sold
March
Sales
Price
600
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
3 Mo Avg
700
March Average
Average
List Price Sales
of all Price
Current Listings
Title
Phone
Website
Other
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
Agent Name
Community Information
$1,685,000 -5%
-6%
Trending versus*:
$2,322,839 Trending
-7% versus*:
-14%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
-50%
-26%
$1,685,000 $0
-5% -100% -100%
-6% -100% -100% $1,150,000
-51%
-44%
$2,322,839 $0
-7% -100% -100%
-14% -100% -100% $1,127,500
31 19%
41% $1,150,000
$0 -100%
-100% -100% -100%
-50%
-26%
0 -100%
4 -20%
$0 -100%
-100% -100% -100%
-100% $1,127,500
-51%
-44%
0 -100% -100%
-100%
78
13%
16%
31 19%
41%
-33%
0 $373
-100% -9% -13%
-100% -41% -33%
4 $372
-20% -36%
0 -100%
-100% -100% -100%
-100% -100%
78 $256
13% -59% 16% -60%
$0 -100%
$373 0.0
-9% -100%
-13% -100%
-41% -100%
-33% -100% $372 12.3
-36% 31% -33% -24%
$0 0.0%
-100% -100.0%
-100% -100.0%
-100% -100.0%
-100% -100.0% $256 88.2%
-59% -6% -60% -4%
Average List Price of all Current Listings
BALTIMORE CITY
County: Baltimore City
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
March 2018
Market Action Report
Agent Name
Market Action Report
County: Baltimore City
BALTIMORE
March 2018
Market Action Report
5
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.
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