Market Action Report
County: Baltimore City
Market Action Report
May 2017
Baltimore City
County: Baltimore City
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
$219,250
10%
19%
Other
$363,108 Trending
8% versus*:
11%
Month
LM 3%
L3M 3%
PYM 2%
LY
$190,000
$219,250
10% 12% 4%
19% 2%
$242,244
$363,108 836
8% -3% 11% -21%
$190,000 269
3% 12%
3% 2% 16%
6%
$242,244 12%
4%
2%
5%
58 -29% -23% -27%
836 -3%
-21%
$178 -1% 1% 4%
269 12%
16%
$145 -7% -3% 1%
58 -29% -23% -27% -19%
3.1 -14% -10% -32%
$178 -1% 1% 4% 9%
97.0% .3% 1.7% 3.5%
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 6%
Prior Year
$180,000
6%
5%
$227,897
1%
-1%
8%
$180,000 1,053
6%
$227,897
8%
-19%
75
9%
$177
1,053
11%
2%
$146
75
-5%
-37%
4.1
$177
2%
3.4%
95.3%
11% 1%
-5% -1%
2%
1%
4%
-23%
9%
3%
4%
9%
2%
-16%
2%
$145 -7% -3% 1% 2%
$146
1%
2%
3.1 -14% -10% -32% -37%
4.1 -23%
-16%
Number of 95.3%
Properties
97.0% .3% 1.7% 3.5% 3.4%
3% Sold 2%
* 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
350
May Property sales were 269, up 15.9% from 232 in May of 2016
and 12.1% higher than the 240 sales last month. May 2017 sales 300
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 350
May
sales
15.9% 11.4%
from 232
in May
of 2016
250
May Property
YTD sales
of were
1,053 269,
are up
running
ahead
of last
year's
and
12.1% higher
than
240 sales last month. May 2017 sales 300
year-to-date
sales
of the
945.
200
were at their highest level compared to May of 2016 and 2015.
Prices
174
172
16
Median Sales Price and Average Sales Price
17
3 Mo Avg
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
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
Inventory & MSI
800
600
600
400
A comparatively lower MSI is more beneficial for sellers while a
400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
3.1 a
200
higher
MSI
is better
for buyers.
May 2017
MSI
of 3.1
months
was
at its lowest
level The
compared
with
May
of 2016 and 200
months
was
at
its
lowest
level
compared
with
May
of
2016
and
0
2015.
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
1,200
was Total
836, Inventory
down 3.4%
from 865 last
month
The
of Properties
available
for and
sale down
as of 21.1%
May from
1,060
May 3.4%
of last from
year.
May
Inventory
was
at its
lowest 1,200 1,000
was
836, in down
865
last 2017
month
and down
21.1%
from
1,060
May of last
year.
May
2017 Inventory
level in
compared
with
May
of 2016
and 2015. was at its lowest
1,000
800
level compared with May of 2016 and 2015.
2015.
15
10.0
8.0
month. May 2017 ASP was at the highest level compared to May 240
220
of 2016 and 2015.
200
180
160
140
120
100
14
300
2