MA ARCHIVED May 2016 | Page 10

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Baltimore Agent County

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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
$ 1,399,000
-3%
-4%
Average List Price of all Current Listings
$ 1,757,004
-2%
-5%
May Median Sales Price
$ 1,330,000
9 %
-2%
-11%
11 %
$ 1,400,000
17 %
17 %
May Average Sales Price
$ 1,755,250
19 %
6 %
21 %
29 %
$ 1,608,782
19 %
19 %
Total Properties Currently for Sale ( Inventory )
109
-4%
-4%
May Number of Properties Sold
8
60 %
-11%
32
19 %
May Average Days on Market ( Solds )
22
-72% -67% -84% -78%
62
-55%
-39%
Asking Price per Square Foot ( based on New Listings )
$ 236
-21%
-6%
6 %
0 %
$ 247
8 %
4 %
May Sold Price per Square Foot
$ 249
11 %
10 %
13 %
22 %
$ 226
8 %
10 %
May Month ' s Supply of Inventory
13.6
-40% -21%
9 %
-44%
17.3
-41%
-28%
May Sale Price vs List Price Ratio
96.3 %
2.6 % 2.2 % 8.0 %
6.8 %
94.0 %
5 %
4 %
* 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 )
3 Mo Avg
Property Sales May Property sales were 8 , down 11.1 % from 9 in May of 2015 and 60.0 % higher than the 5 sales last month . May 2016 sales were at a mid level compared to May of 2015 and 2014 . May YTD sales of 32 are running 18.5 % ahead of last year ' s year-todate sales of 27 .
Prices The Median Sales Price in May was $ 1,330,000 , down 11.3 % from $ 1,500,000 in May of 2015 and up 9.5 % from $ 1,215,000 last month . The Average Sales Price in May was $ 1,755,250 , up 21.5 % from $ 1,445,000 in May of 2015 and up 19.2 % from $ 1,472,000 last month . May 2016 ASP was at the highest level compared to May of 2015 and 2014 .
14 12 10 8 6 4 2 0
14 12 10 8 6 4 2 0
6
J 13
13
2,000
6
2,000 1,800
1,800 1,600
1,600 1,400
1,400 1,200
J
13 4
4 6 7
6
11 7 11
13
J
A
S
O N D
J
14
7 3
J A S O N D J
4
Number of Properties Sold
3
7 3 4 3 4 4
4
13 4
7 13
12
7 12
3 4 11
3
14
F M A M
J
J
A
S
O N D
J
15
Median Sales Price and Average Sales Price
4
8 5 6 6 1 9 5 6 5 5 8 3 4 10
15
F M A M
J
J
A
S
O N D
J
16
3 Mo Avg
3 Mo Avg
1,200
1,000
1,000
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
J
J
13
A
S O N D
J
F M14A M J
J
A
S O N D
J
F M
15 A M J
J
A
S O N D
J
F M A16M
13
14
15
16
11 8 5 6 6 1
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
16
F M A M
9 5 6 5 5 8 3 4 10 3
3 6 5 8
6 5 8
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 109 , down 3.5 % from 113 last month and down 3.5 % from 113 in May of last year . May 2016 Inventory was at its lowest level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 13.6 months was at a mid level compared with May of 2015 and 2014 .
140 120 100 80 60 40 20 0
140
120
100
103 101
98 103
97 101
93 98 97 93
80
60
40
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
80
80
66 63 68
66 73 63 68
105 114 110 112 114 115
106
73
105 114
110 112
114 115
106
93
93
79 76 75
82
94
79 76 75
82
113 112
104 94
106 113
108 112
100 104 106 108
100
0 0.0
J J AJ SJ OA NS DO JN FD MJ
AF MJA JMA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS JOFNM DA JM
F M A M
13 13
14 14
15 15
16 16
85
74 73
82
85
95
113 109
74 73
82
100.0
80.0
95
60.0
40.0
20.0
113
109
100.0 80.0 60.0 40.0 20.0 0.0
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