MA ARCHIVED November 2016 | Page 8

Market Action Report

County: Baltimore City

Market Action Report

Baltimore City

County: Baltimore City

November 2016

Agent Name

November 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

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

Phone
Website
Month
Other
$1,999,000

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

Trending versus*:
Prior YTD Prior Year

YTD

-0%
17%
Trending versus*:
$2,623,667 Trending
-9% versus*:
-1%
Month
LM
L3M
PYM
LY
YTD
Prior
Prior Year 10%
$1,600,000 13% 3% 16% 10% $1,600,000 YTD 11%
$1,999,000
-0%
17%
$1,600,000 7% 4% 16% 1% $1,662,211
6%
5%
$2,623,667 -9%
-1%
21 -5%
-13%
$1,600,000 13% 3% 16% 10% $1,600,000
11%
10%
1 -83%
0%
23
15%
$1,600,000 7% 4% 16% 1% $1,662,211
6%
5%
2 -90% -92% -98% -96%
67
6%
18%
21 -5%
-13%
$0
-100% -100% -100% -100%
$488
-39%
-34%
1 -83%
0%
23
15%
$0 -100%
2 -90%
-92% -100%
-98% -96% -100%
67 $381
6% 18%18% 10%
21.0
473%
111%
-13%
110%
13.8
$0 -100% -100% -100% -100%
$488
-39% 43%-34% 38%
100.3%
8.2%
7.4%
8.7%
9. 5%
92.5%
1%
$0 -100% -100%
-100%
$381
18% 2%10%

Average List Price of all Current Listings

Market
Profile
& Trends
Overview
November
Median
Sales Price
Median List Price of all Current Listings

November Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

November Median Sales Price

November Number of Properties Sold

November Average Sales Price

November Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

November Number of Properties Sold

November Sold Price per Square Foot

November Average Days on Market (Solds)

November
Supply
of Inventory
Asking
Price Month's
per Square
Foot (based
on New Listings)
NovemberSold
SalePrice
Price
vsSquare
List Price
November
per
FootRatio

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

21.0 473% 111% -13% 110%
13.8
43%
38%
Number of92.5%
Properties
100.3% 8.2% 7.4% 8.7% 9.5%
2% Sold 1%

November Month's Supply of Inventory
November Sale Price vs List Price Ratio

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

3

Prices

1

6

4

0

5

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

1

6

4

0

5

2

2

1

0

2

0

2

1

2

0

2

0

6

2

3

2

0

2

1

3

4

2

1

Median
15 Sales Price and Average
16 Sales Price

13 14

The Median Sales Price in November was $1,600,000, up 15.5%
2,600
Prices
from $1,385,000 in November of 2015 and up 13.1% from
The
Median Sales
Price in November
wasSales
$1,600,000,
15.5%
$1,415,000
last month.
The Average
Price in up
November
2,6002,400
from
inup
November
of 2015
and up 13.1%
from
was $1,385,000
$1,600,000,
15.5% from
$1,385,000
in November
of
2,4002,200
$1,415,000
last6.6%
month.
The
Average Sales
in November
2015 and up
from
$1,500,893
last Price
month.
November 2016
was $1,600,000, up 15.5% from $1,385,000 in November of
2,2002,000
ASP was at the highest level compared to November of 2015 and
2015 and up 6.6% from $1,500,893 last month. November 2016
2014.
2,0001,800
ASP was at the highest level compared to November of 2015 and
2014.

1

0

2

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
13 14
15
16
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
1

0

2

0

1

1

2

1
2

2

1

2

1

3

4

1

4

3 Mo Avg

5

2

5

Number of Properties Sold

6

2

sales were at their lowest level compared to November of 2015
and 2014. November YTD sales of 23 are running 15.0% ahead
of last year's year-to-date sales of 20.

7

1

November Property sales were 1, equal to 1 in November of 2015
and 83.3% lower than the 6 sales last month. November 2016
Property
sales were Sales
at their lowest level compared to November of 20157
November Property sales were 1, equal to 1 in November of 2015
and 2014. November YTD sales of 23 are running 15.0% ahead
and 83.3% lower than the 6 sales last month. November 2016
6
of last year's year-to-date sales of 20.

3 Mo Avg

3 Mo Avg

Median Sales Price and Average Sales Price

3 Mo Avg

1,8001,600
1,6001,400
1,4001,200
1,2001,000

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

1,000

16M J J A S O N
D J 13
F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13 14
15
16

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

Inventory & MSI

25.0
21

22

20.0

21

21

22

25.0

25

22

21

22

30.0

30.0
27

29

33
29

35.0

35.0

25

29 29

27

2529

2429

33
29

20

25

29

0

17

21
24

20 21

21
17

18
21

16 21

12 18
16 21

14

16

16

13

12

13

17
14

18

13

20 22
20 23

18 20
17 20

13

5

10

10

13

19

15

1923

22

20

11
13

15

A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 10
higher MSI is better for buyers. The November 2016 MSI of
higher MSI is better for buyers. The November 2016 MSI of
21.0 months was at a mid level compared with November of
5
21.0 months was at a mid level compared with November of
2015and
and
2014.
0
2015
2014.

25

10 11

20

30

11

and 2014.

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

35

11

Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
Properties
available
for month
sale as of
November
was 21,of
down
4.5% from
22 last
and down
35
November
was24
21,
4.5% from
22year.
last month
and down
12.5% from
indown
November
of last
November
2016
12.5%
from 24
of last
year. November
2016 of 201530
Inventory
wasinatNovember
a mid level
compared
with November
Inventory
was at a mid level compared with November of 2015
and 2014.
25

15.0
10.0
5.0

0.0
J A
F M
M A
J A
S O
D AJ MF JM JA AMS J O J N A S O N
D J DF M
J M
J AJ SJ OA NS DO J N F DM J A FMMJ AJ M
A JS O
N D
J FN M
15
16
13 14 13 14
15
16

Copyright
© Coldwell
| Price
Up | Property
SFH - Con
Range:
$1,000,000
Upand
| Property
Types: Types:
SFH - Con
8Copyright
| © Coldwell
c o lBanker
dBanker
wResidential
eResidential
l l bBrokerage
aBrokerage
n k| ePrice
r
h
oRange:
m
e$1,000,000
s . and
co
m

Data
provided
courtesy
of Coastal
Association
of REALTORS
MD,Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc.,County
SussexAssociation
County Association
of REALTORS
and
mayallnotrelevant
reflect real
all relevant
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
courtesy
of Coastal
Association
of REALTORS
of MD,ofInc.,
Regional
Information
Systems,
Inc., Sussex
of REALTORS
and may not
reflect
estate activity.
Coldwell
Banker
Residential
Brokerage
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.

20.0
15.0
10.0
5.0
0.0