MA ARCHIVED May 2016 | Page 8

Market Action Report County: Baltimore City Market Action Report May 2016 Baltimore City County: Baltimore City Agent Name May 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $192,400 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 2% 10% $320,521 Trending 2% versus*: 28% Month LM 13% L3M 11% PYM 2% LY $189,000 $192,400 2% 10% $238,118 16% 11% -0% $320,521 2% 28% 987 -0% -8% $189,000 13% 11% 2% 15% 227 0% 2% $238,118 16% 11% -0% 9% 80 11% 1% 13% 987 -0% -8% 227$175 0% -8% -1% 2% 4% $146 9% 2% 80 11% 1% 13% -5% 8% $175 4.3 -8% -1% -1% -6% 4% -10% -1% $14693.8% 9% .9% 2% 1.4% -5% -.4% 4% Average List Price of all Current Listings Market Profile & Trends May Median Sales Price Overview Median List Price of all Current Listings May Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) May Median Sales Price May Number of Properties Sold May Average Sales Price May Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Priceofper Square Foot May Number Properties Sold (based on New Listings) MayAverage Sold Price May Daysper onSquare Market Foot (Solds) May Month's Inventory Asking Price perSupply SquareofFoot (based on New Listings) MaySold SalePrice Priceper vsSquar e List Price May FootRatio Trending versus*: Prior YTD Prior Year YTD Trending versus*: Prior YTD 9% Prior Year 3% 15% YTD $170,250 9% $211,136 0% -3% $170,250 $211,136 9% 3% 940 0% 8% 79 -1% 940 $178 9% 4% 79 $145 3% -24% $178 5.3 4% .7% $145 92.4% 2% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 9% -3% 3% 4% 2% 7% -15%1% -0% 3% 7% 1% 3% -7% -1% 4.3 -1% -6% -10% -24% 5.3 -15% -7% 93.8% .9% 1.4% -.4% Number .7% -0% Sold -1% of92.4% Properties May Month's Supply of Inventory May Sale Price vs List Price Ratio 3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) Property Sales 300 May Property sales were 227, up 2.3% from 222 in May of 2015 and 0.4% higher than the 226 sales last month. May 2016 sales 250 Property Sales were at their highest level compared to May of 2015 and 2014.300 May Property sales were 227, up 2.3% from 222 in May of 2015 May YTD sales of 940 are running 8.9% ahead of last year's yearand 0.4% higher than the 226 sales last month. May 2016 sales 250 200 to-date sales of 863. were at their highest level compared to May of 2015 and 2014. Number of Properties Sold 3 Mo Avg May YTD sales of 940 are running 8.9% ahead of last year's year200 150 to-date sales of 863. 300 280 260 240 220 200 180 160 140 120 100 300 280 260 240 220 200 180 160 140 120 100 227 226 188 172 127 196 151 187 174 226 228 276 222 201 196 135 109 204 159 181 177 197 196 251 168 160 150 128 166 144 127 137 194 97 227 226 188 172 127 196 151 187 174 226 228 276 222 201 196 135 109 204 159 181 177 197 196 251 168 160 150 97 128 166 144 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 Inventory & MSI 600 3 Mo Avg 14 A M J J A S O N D J F M 15 J J 13 A S O N D J F M A M J J A S O N D J F M A16M 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 973 982 956973 1,004 982 1,002 956 982 1,004 9261,002 903 982 900926 938 903 1,036 900 1,061 938 1,078 1,036 1,069 1,061 1,083 1,078 1,114 1,069 1,090 9951,083 970 1,114 9871,090 957995 970 975 1,036 987 1,075 957 1,066 975 1,089 1,036 1,052 1,075 1,072 1,066 1,092 1,089 1,079 1,052 971 1,072 925 1,092 914 1,079 959 971 989 925 987 Inventory & MSI of Properties available for sale as of May The Total Inventory 1,200 The of Properties available forand saledown as of 8.2% May from wasTotal 987,Inventory down 0.2% from 989 last month 1,200 was 987, last2016 month and down 8.2% from 1,075 indown May 0.2% of lastfrom year.989 May Inventory was at its lowest 1,000 1,075 May of last year. May 1,000 levelin compared with May of 2016 2015 Inventory and 2014.was at its lowest level compared with May of 2015 and 2014. 800 800 Median Sales Price and Average Sales Price 600 10.0 8.0 914 959 989 987 $205,658 last month. May 2016 ASP was at the lowest level compared to May of 2015 and 2014. 207 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 Median Sales Price15 and Average Sales Price 13 14 16 3 Mo Avg Prices The Median Sales Price in May was $189,000, up 2.2% from Prices $185,000 in May of 2015 and up 12.5% from $168,000 last The Median Sales Price Sales in MayPrice was $189,000, 2.2% from month. The Average in May wasup$238,118, down $185,000 in May of 2015 and up 12.5% from $168,000 last 0.1% from $238,326 in May of 2015 and up 15.8% from month. The Average Sales Price in May was $238,118, down $205,658 last month. May 2016 ASP was at the lowest level 0.1% from $238,326 in May of 2015 and up 15.8% from compared to May of 2015 and 2014. 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 13 14 15 16 127 0 137 0 194 50 207 50 237 100 237 150 100 6.0 4.0 A comparatively lower MSI is more beneficial for sellers while a 400 400 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2016 MSI of 4.3 higher MSI is better for buyers. The May 2016 MSI of 4.3 2.0 200 200 monthswas was lowest level compared of 2015 months atat itsits lowest level compared withwith MayMay of 2015 and and 0 2014. 0 0.0 2014. A NS DO JN FD MJ AFMMJ A J MA JS JO AN SD OJ NF M D AJ M F M J J AJ SJ O J JA AM SJ OJ NA DS J OF NMDA JM F M A M 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con 8 | provided ccourtesy o l dofw e lAssociation l b a nof k e r h ofoMD, mInc., es.c o m Data is is provided Regional Information Systems, Inc., Sussex of REALTORS and may not reflect estate activity. Coldwell Banker Data courtesyCoastal of Coastal AssociationREALTORS of REALTORS of MD,Metropolitan Inc., Metropolitan Regional Information Systems, Inc.,County SussexAssociation County Association of REALTORS and mayallnotrelevant reflect real all relevant real estate activity. Coldwell Banker Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction. 10.0 8.0 6.0 4.0 2.0 0.0