MA ARCHIVED November 2017 | Page 8

Market Action Report November 2017
Market Action Report November 2017

BALTIMORE County : Baltimore City CITY

Community Information
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,525,000
-1%
-28%
Average List Price of all Current Listings
$ 2,141,273
2 %
-32%
November Median Sales Price
$ 2,575,000
-24%
0 %
61 %
66 %
$ 1,900,000
19 %
23 %
November Average Sales Price
$ 2,225,000
-22% -11% 39 %
37 %
$ 2,024,300
22 %
24 %
Total Properties Currently for Sale ( Inventory )
33 -13%
38 %
November Number of Properties Sold
3
0 %
200 %
25
9 %
November Average Days on Market ( Solds )
39
457 % 26 % 1850 %
-44%
75
12 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 576
13 %
-5%
0 %
17 %
$ 559
14 %
14 %
November Sold Price per Square Foot
$ 1,182
57 %
28 %
220 %
$ 646
70 %
75 %
November Month ' s Supply of Inventory
11.0 -13%
-1%
-54% -26%
17.3
12 %
16 %
November Sale Price vs List Price Ratio
93.5 %
. 6 %
2.5 % -6.8% 1.9 %
92.0 %
-1%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
November Property sales were 3 , up 200.0 % from 1 in Property November Sales of 2016 and the same as the 3 sales last month .
7
November Property 2017 sales sales were were at 3 , their up 200.0 highest % from level 1 compared in to November of of 2016 2016 and and the 2015 same . November as the 3 sales YTD last sales month of . 25 are 6 November running 8.7 2017 % ahead sales were of last at their year ' highest s year-to-date level compared sales of 23 to . November of 2016 and 2015 . November YTD sales of 25 are 5 running 8.7 % ahead of last year ' s year-to-date sales of 23 .
4
7 6 5 4 3
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
3 2
2 1
1
0
0
D
D
J
F M A M J
14
15
J
F M A M J
J
A
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
16
17
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
S O N
14
15
Prices
The Median Sales Price in November was $ 2,575,000 , up 60.9 %
The from Median
$ 1,600,000 Sales Price in November in November of 2016 was $ 2,575,000 and down , 24.3 up 60.9
% from % from
$ 3,400,000 $ 1,600,000 last in month November . The of Average 2016 and Sales down Price 24.3 in % November from
3,000
$ was 3,400,000 $ 2,225,000 last month , up 39.1 . The % Average from $ 1,600,000 Sales Price in in November of
3,000 was
2016 $ 2,225,000 and down , up 21.9 39.1 % % from from $ 2,850,000 $ 1,600,000 last in November month . November of
2,500
2016
2017 and ASP down was 21.9 at the % from highest $ 2,850,000 level compared last month to November . of
2,500
2017
2016 ASP and was 2015 at . the highest level compared to November of
2016 and 2015 .
2,000
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
2,000
1
1,500
1,500
2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1
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
14
15
J
A S O N D
J
F M16A M J
16
J
A S O N D
J
F M A17M J
17
J
A S O N
2 2 5 0 4 6 1 2 0 3 2 1 1 2 5 1
1 2 0 2 3 2 6 0 2 0 2 1 2 0 2 0 1 2 2 5 0 4 6 1 2 0 3 2 1 1 2 5 1 4 3 3
4 3 3
Inventory & MSI The Total Inventory of Properties available for sale as of November was 33 , down 13.2 % from 38 last month and up 37.5 % from 24 in November of last year . November 2017 Inventory was at its highest level compared with November of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2017 MSI of 11.0 months was at its lowest level compared with November of 2016 and 2015 .
45 40 35 30 25 20 15 10 5 0
13 14 13 12 16 16
14
12 18 16
Total Inventory & Month ' s Supply of Inventory ( MSI )
45
40
35
30
25
20
15
10
5
0
D
J
DF
MJ
AF M AJ
MJ AJ
SJ
OA NS DO JNFDM JAFMM J
AJ
MA JS
OJ AN DS
OJ FN MD
AJ M J
J
A S O N
14
1514
15
16
16
17
17
21 21
21 21
16 18
21 16
21
19 28 29
16
19 33 33 33
28 29
37
33 33
32 33
37
32
29 27
24
23 29
25 27 24
21 23
20 25
24
21 23
20 30 36 34
30 30 31 36 39
38
30 33 31
40.0 35.0 30.0 25.0
20.0
15.0
10.0
5.0
0.0
F M A M J
J
A S O N
24 23
34
39 38
33
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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