Baltimore County Community Information
Baltimore County Community Information
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 May was 61 , down 16.4 % from 73 days last month and down 15.3 % from 72 days in May of last year . The May 2016 DOM was at its lowest level compared with May of 2015 and 2014 .
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 May 2016 Selling Price per Square Foot of $ 140 was down 2.4 % from $ 143 last month and down 0.5 % from 140 in May of last year .
Inventory / New Listings / Sales 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 May 2016 was 1,074 , down 3.4 % from 1,112 last month and down 2.6 % from 1,103 in May of last year .
Days On Market for Sold Properties
100 |
90 |
80 |
72 |
70 |
65 |
61 |
60 |
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50 |
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40 |
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30 |
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20 |
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10 |
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0 |
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O N D |
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F M A M |
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O N D |
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F M A M |
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O N D |
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F M A M |
13 |
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14 |
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15 |
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16 |
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Selling Price per Square Foot |
3 Mo Avg |
150 145 140 135 130 125 120 115 110 105 100
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 |
97 % |
original list price . The lower the ratio is below 100 % the more of |
96 % |
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a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The May 2016 Selling Price vs Original List
Price of 96.0 % was up from 95.1 % last month and up from 95.1 %
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95 %
94 %
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in May of last year . |
93 % |
92 % 91 % 90 % 89 %
140 140 140
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O N D |
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F M A M |
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O N D |
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F M A M |
J |
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O N D |
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F M A M |
13 |
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14 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio
95.2 % 95.1 %
88 % |
J |
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A |
S |
O N D |
J |
F M A M |
J |
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O N D |
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F M A M |
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O N D |
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F M A M |
13 |
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14 |
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15 |
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16 |
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Inventory / New Listings / Sales |
3,000 2,500 2,000 1,500 1,000
500
2,226 2,203 2,253 2,313 2,371
2,249
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,043 1,964 1,964
2,095 2,393
2,538 2,656 2,666 2,750 2,768 2,748
2,535 2,294 2,182 2,108 2,189
2,464 2,678 2,756 2,783 2,727 2,775
2,626
2,468 2,174 2,074
3 Mo Avg
3 Mo Avg
1,999 2,130 2,243
96.0 %
2,235
0
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O N D |
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F M A M J |
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O N D |
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F M A M J |
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O N D |
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F M A M |
13 |
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14 |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 11