MA ARCHIVED November 2017 | Page 10

Market Action Report November 2017 County: Baltimore BALTIMORE Market Action Report COUNTY Agent Name November 2017 Title Phone Agent Name Website Title Other Community Information County: Baltimore Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other $1,499,944 Market Profile & Trends Overview Price Range: $1,000,000 and Up | of Properties: SFH - Con Listings Median List Price all Current LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD 7% 0% Trending versus*: $1,897,249 Trending 5% versus*: -2% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,270,000 1% -2% $1,499,944 7% 5% -4% 0% -9% -8% $1,350,000 $1,270,000 1% -9% -12% -18% $1,449,194 -7% -7% $1,897,249 5% -2% 107 -10% 9% $1,270,000 5% -4% -9% -8% $1,350,000 1% -2% 1 -90% 75 -13% -7% $1,270,000 1% -9% -12% -88% -18% $1,449,194 -7% 5% 75 -22% -23% 107 102 -10% 3% 46% 9% 2% $210 9% 0% -1% -13% $217 -10% -10% 1 -90% -88% 75 -13% 0% 102 $0 3% -100% 46% -100% 2% -100% 5% -100% 75 $218 -22% 2% -23% $210 107.0 9% 799% 0% 117% -1% 773% -13% 580% $217 28.3 -10% 86% -10% 80% $0 90.7% -100% 3.7% -100% .5% -100% -100% 2% .6% -.7% $218 91.9% 0% 0% 1% Average List Price of all Current Listings Market Profile & Trends Overview November Median Sales Price Median List Price of all Current Listings November Sales Price Listings Average List Average Price of all Current Total Properties November Median Currently Sales Price for Sale (Inventory) November Average Number of Properties Sold November Sales Price November Average Days for on Sale Market (Solds) Total Properties Currently (Inventory) Asking Price per Square Foot (based November Number of Properties Sold on New Listings) November Average Sold Price Foot November Days per on Square Market (Solds) Asking Price Month's per Square Foot (based on New Listings) November Supply of Inventory November per Foot Ratio November Sold Sale Price Price vs Square List Price * LM=Last Month Month's / L3M=Last 3 Supply Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date November of Inventory 107.0 799% 117% 773% 580% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 14 12 10 8 10 6 8 The Median Sales Price in November was $1,270,000, down Prices 9.4% from Sales $1,402,500 November of $1,270,000, 2016 and up 5.4% from The Median Price in in November was down 2,000 $1,205,000 last month. The Average Sales and Price in November 9.4% from $1,402,500 in November of 2016 up 5.4% from 2,000 was $1,270,000, down The 12.3% from Sales $1,448,125 November of $1,205,000 last month. Average Price in in November 1,800 2016 and up 1.3% from $1,253,392 last month. November was $1,270,000, down 12.3% from $1,448,125 in November of 2017 1,800 ASP was at a mid range compared to November of 2016 and 2016 and up 1.3% from $1,253,392 last month. November 2017 1,600 2015. ASP was at a mid range compared to November of 2016 and 1,600 2015. 12 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 14 15 16 17 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 14 15 17 Sales Price Median 16 Sales Price and Average Prices 0 0 2 4 4 6 2 3 Mo Avg 16 12 3 Mo Avg Number of Properties Sold 18 of 75 are running 12.8% behind last year's year-to-date sales of 86. 20 Property Sales November Property sales were 1, down 87.5% from 8 in November Sales of 2016 and 90.0% lower than the 10 sales last Property 20 month. November 2017 were sales their from lowest level November Property sales 1, were down at 87.5% 8 in 18 compared of to 2016 November of 2016 2015. November November and 90.0% lower and than the 10 sales last YTD sales of 75 are running 2017 12.8% behind year's year-to-date sales of 16 month. November sales were last at their lowest level 86. compared to November of 2016 and 2015. November YTD sales 14 28.3 86% 80% .6% Number -.7% 91.9% 0% of Properties Sold 1% 90.7% 3.7% .5% November Sale Price vs List Price Ratio Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 1,400 1,400 1,200 1,200 1,000 1,000 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 D J 14 F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A S O N 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI Inventory & MSI The Total Inventory of Properties available for sale as of The Total Inventory of Properties available for sale as of November was 107, down 10.1% from 119 last month and up 140 140 November was 107, down 10.1% from 119 last month and up 9.2% from from November of last year. November 120 120 9.2% 98 98 in in November of last year. November 2017 2017 Inventory was highest level compared November Inventory was at at its its highest level compared with with November of of 100 100 2016 and and 2015. 2016 2015. 80 80 120.0 120.0 100.0 80.0 80.0 60.0 60.0 40 40.0 40.0 20 20.0 20.0 60 100.0 60 comparatively lower MSI is more beneficial for sellers a 40 A A comparatively lower MSI is more beneficial for sellers while while a higher MSI MSI better buyers. November higher is is better for for buyers. The The November 2017 2017 MSI MSI of of 20 107.0 months months was highest level compared November 107.0 was at at its its highest level compared with with November 0 of of 2016 2015. 2016 and and 2015. Total Inventory & Month's Supply of Inventory (MSI) 0.0 0 J A J S J O A N S D O J N F D M J A F M M J A J M A J S O J F N M D A J M F J M J A A M S J O J N A S O N D J D F M J A F M M J A M J N A D S O 14 15 14 15 16 17 16 17 Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con 0.0 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 10 | coldwellbankerluxury.com 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 not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction. does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.