MA ARCHIVED May 2017 | Page 10

Market Action Report
County: Baltimore
May 2017
Baltimore County
Market Action Report
County: Baltimore
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
May 2017
Community Information
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$325,000
5%
12%
Other
$465,149 Trending
5% versus*:
18%
Month
LM -0%
L3M 4%
PYM 2%
LY
$254,450
$325,000
5% 3% 4%
12% 0%
$304,098
$465,149 1,955
5% -3% 18% -19%
$254,450 688
-0% 27%
4% 2% 4%
5%
$304,098 3%
4%
0%
3%
46 -28% -25% -25%
1,955 -3%
-19%
$159 1% 2% 6%
688 27%
4%
$144 1% 1% 3%
46 -28% -25% -25% -28%
2.8 -23% -13% -22%
$159 1% 2% 6% 6%
97.1% .5% 1.0% 1.1%
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
Total Properties
Currently
for Listings
Sale (Inventory)
May
Sales
Price
May Median
Number
of Properties
Sold
May Average Sales Price
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
May Number of Properties Sold
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
May Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$245,000
5%
3%
$291,166
1%
-1%
2%
$245,000 2,639
3%
$291,166
2%
-28%
63
2% 1%
-13% -1%
6%
$154
1%
2,639
2%
2%
$142
2%
63 -13%
-2%
-29%
3.7 -16%
$154
1%
3%
2.1%
96.0%
2%
-2%
3%
1%
-8%
1%
$144 1% 1% 3% 2%
$142
2%
1%
2.8 -23% -13% -22% -29%
3.7 -16%
-8%
Number of 96.0%
Properties
97.1% .5% 1.0% 1.1% 2.1%
2% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
900
May Property sales were 688, up 4.1% from 661 in May of 2016
and 26.7% higher than the 543 sales last month. May 2017 sales 800
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 900 700
May
sales
4.1% from
in May
of 2016
May Property
YTD sales
of were
2,639 688,
are up
running
1.8% 661
ahead
of last
year's
and
26.7% higher
than
the 543 sales last month. May 2017 sales 800 600
year-to-date
sales
of 2,592.
were at their highest level compared to May of 2016 and 2015.
700 500
573
0
100
100
Prices
14
The Median Sales Price in May was $254,450, up 1.8% from
Prices
$250,000 in May of 2016 and down 0.2% from $254,900 last
340
The
Median
Sales
Price Sales
in May Price
was $254,450,
1.8% from up 0.2%
month.
The
Average
in May was up $304,098,
$250,000
in
May
of
2016
and
down
0.2%
from
$254,900
last
from $303,625 in May of 2016 and up 2.5% from $296,641 last 340 320
month.
Average
Sales was
Price
was $304,098,
up 0.2%
month. The
May
2017 ASP
at in
the May
highest
level compared
to May 300
320
from
$303,625
in May of 2016 and up 2.5% from $296,641 last
of 2016
and 2015.
month. May 2017 ASP was at the highest level compared to May 300 280
15
16
Median Sales Price and Average Sales Price
424
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
15
16
17
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 Price and Average Sales Price
3 Mo Avg
0
200
500 300
400 200
300
of 2016 and 2015.
3 Mo Avg
600 400
May YTD sales of 2,639 are running 1.8% ahead of last year's
year-to-date sales of 2,592.
Number of Properties Sold
17
3 Mo Avg
280 260
260 240
240 220
220 200
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
200
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
2.8 a 1,000
500
higher
MSI
is better
for buyers.
May 2017
MSI
of 2.8
months
was
at its lowest
level The
compared
with
May
of 2016 and 500
months
was
at
its
lowest
level
compared
with
May
of
2016
and
0
2015.
2015.
0
7.0
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
7.0 6.0
6.0 5.0
5.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
3,000
was Total
1,955,
down 2.6%
from 2,007
last month
and
18.9%
The
Inventory
of Properties
available
for sale
as down
of May
from
2,411
in May
last year.
2017 Inventory
was at its 3,000 2,500
was
1,955,
down
2.6% of from
2,007 May
last month
and down 18.9%
from
2,411
in May
of last with
year. May
May of
2017
Inventory
was at its
lowest
level
compared
2016
and 2015.
2,500
2,000
lowest level compared with May of 2016 and 2015.
4.0
3.0
2.0
1.0
0.0
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
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
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage | Price
Range: All | Property
Types:
SFH - Con
Copyright
©
Range:
Types:
SFH - Con
10
| Coldwell
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
er
h o All m | Property
es . c
om
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
4.0
3.0
2.0
1.0
0.0