Market Action Report
County: Baltimore
May 2016
Baltimore County
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 22, down 71.8% from 78
days last month and down 84.1% from 138 days in May of last
year. The May 2016 DOM was at its lowest level compared with
May of 2015 and 2014.
3 Mo Avg
350
300
250
200
138
150
102
100
50
22
0
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
Selling Price per Square Foot
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 $249 was up
11.2% from $224 last month and up 12.9% from 221 in May of
last year.
3 Mo Avg
400
350
300
300
249
250
221
200
150
100
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
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveal