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: $1,000,000 and Up | Properties: SFH - Con

Phone
Website
Month
Other
$1,600,000

Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM
LY

-8%
24%
$2,442,542 Trending
3% versus*:
49%
Month
LM 20%
L3M 12%
PYM 6%
LY
$1,445,000
$1,600,000 -8%
24%
$1,445,000 20% -11% 6%
$2,442,542 3%
49%
31 -11%
63%
$1,445,000 20% 12% 6% 0%
2 100%
0%
$1,445,000 20% -11% 6% -9%
82
1071% 32% -56%
31 -11%
63%
2$407
100%-10% -9%
0% 6%
$199
-19%
-19%
82 1071% 32% -56% -16%
44%
$407 15.5
-10%-56%
-9% -39%
6% 63%
-45%
$19993.8%
-19%-2.7%
-19% -1.1%
-16% 11.1%
-42%

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
vsSquare
List Price
May
FootRatio

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
YTD
Prior YTD -27%
Prior Year
$1,290 ,000

0%
-9%

$1,617,000

$1,290,000
$1,617,000

-11%
2%

-10%

-27%
-11%
5 -44%
-10%
2%

44%
62 -26%
9%
-45%
$477
17%
-36%
5 -44%
-42%
-28%
62 $247
-26% -36%9%
49% $477 21.7
183%
109%
17%
-36%
2.4% $247 94.9%
4%
-36% 7%-28%

* 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)

15.5 -56% -39% 63% 49%
21.7 183%
109%
93.8% -2.7% -1.1% 11.1% 2.4%
7% Sold 4%
Number of94.9%
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)

2

1

0

2

0

2

1

2

0

2

0

6

2

3

2

0

2

1

3

4

2

1

1

0

2

1

2

1

1

2

2

1

0

2

0

2

1

2

0

2

0

6

2

3

2

0

2

1

3

4

2

1

1

0

2

1

2

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 Price15and Average Sales Price
13
14
16
3 Mo Avg

Prices

The Median Sales Price in May was $1,445,000, up 6.1% from
Prices
$1,362,500 in May of 2015 and up 19.9% from $1,205,000 last
2,000
The
Median
Sales
Price Sales
in MayPrice
was $1,445,000,
up 6.1% fromup
month.
The
Average
in May was $1,445,000,
$1,362,500 in May of 2015 and up 19.9% from $1,205,000 last
6.1% from $1,362,500 in May of 2015 and up 19.9% from
2,000
1,800
month. The Average Sales Price in May was $1,445,000, up
$1,205,000 last month. May 2016 ASP was at the highest level
6.1% from $1,362,500 in May of 2015 and up 19.9% from
1,800
compared to May of 2015 and 2014.
$1,205,000 last month. May 2016 ASP was at the highest level
1,600
compared to May of 2015 and 2014.

2

1

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
1

0

1

0

5

1

2

1
4

2

2

2

1

3

1

3

2

4

4

5

5

3 Mo Avg

5

2

YTD sales of 5 are running 44.4% behind last year's year-to-date
sales of 9.

Number of Properties Sold

6

4

May Property sales were 2, equal to 2 in May of 2015 and
100.0% higher than the 1 sales last month. May 2016 sales were
Property Sales
at their highest level compared to May of 2015 and 2014. May7
May Property sales were 2, equal to 2 in May of 2015 and
YTD sales of 5 are running 44.4% behind last year's year-to-date
100.0% higher than the 1 sales last month. May 2016 sales were 6
9.
atsales
theirof
highest
level compared to May of 2015 and 2014. May

7

1

Property Sales

Median Sales Price and Average Sales Price

3 Mo Avg

1,600

1,400

1,400

1,200

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

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)

Inventory & MSI

31

35

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0

30

31

29

35

28

30

25

25

29

21

28

18

25

25
22

21 22

22
18

22
19

17 22

13 19
17 22

14
17

1317

14 17
1313

13

20

18

13

17

20

23
18

22

20

20

19

23

13
10

13
11

1011

1112

12

11

15

19

22

25

23
15

24
25

27
23

30
25
20
A comparatively lower MSI is more beneficial for sellers while 15
a
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
May
2016
of 15.5
10
higher
is is
better
forfor
buyers.
TheThe
May
2016
MSIMSI
of 15.5
monthswas
was
highest
level
compared
of 2015
months
atat
itsits
highest
level
compared
withwith
MayMay
of 2015
and and5
2014.
0
2014.

27

compared with May of 2015 and 2014.

40
35
30
25
20
15
10
5
0

Total Inventory & Month's Supply of Inventory (MSI)

24

Inventory
& MSI of Properties available for sale as of May
The Total Inventory
The
Inventory
offrom
Properties
for sale
as of May
wasTotal
31, down
11.4%
35 lastavailable
month and
up 63.2%
from 19 in
was
31,ofdown
11.4% May
from2016
35 last
month and
upat63.2%
from 19
in 40
May
last year.
Inventory
was
its highest
level
35
May
of
last
year.
May
2016
Inventory
was
at
its
highest
level
compared with May of 2015 and 2014.

A NS D
O JN FD MJ AF MM J A JMA J S JO AN SD OJ NF D
J M
F M
J J JA JS O
M A
J A
J M
A SJ OJ NA DS JO FNMDA JM F M A M
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
8Data
|provided
co
l dofw
e l Association
l b a nofkREALTORS
erho
m e sMetropolitan
. c o mRegionalRegional
is is
courtesy
Coastal
of MD,ofInc.,
Information
Systems,
Inc., Sussex
of REALTORS
and may not
reflect
estate activity.
Coldwell
Banker
Data
provided
courtesy
of Coastal
Association of REALTORS
MD, Inc., Metropolitan
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: $1,000,000 and Up | 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.

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0