MA ARCHIVED November 2017 | Page 8

Market Action Report November 2017
Baltimore Agent Name City Title Phone Community Information Website Other
Market Action Report November 2017

County : Baltimore

Price Range : All | 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
$ 300,000
-3%
6 %
Average List Price of all Current Listings
$ 453,420
1 %
12 %
November Median Sales Price
$ 260,000
0 %
1 %
11 %
7 %
$ 255,000
4 %
5 %
November Average Sales Price
$ 299,599
-1%
-3%
3 %
2 %
$ 306,137
3 %
4 %
Total Properties Currently for Sale ( Inventory )
1,673 -14%
-22%
November Number of Properties Sold
533
-4%
0 %
6,540
2 %
November Average Days on Market ( Solds )
58
7 %
5 %
0 %
-9%
57
-10%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 155
4 %
1 %
7 %
3 %
$ 154
2 %
3 %
November Sold Price per Square Foot
$ 139
-8%
-4%
-0%
-1%
$ 144
1 %
2 %
November Month ' s Supply of Inventory
3.1 -10%
-7%
-22% -22%
3.4
-16%
-15%
November Sale Price vs List Price Ratio
96.0 %
. 5 %
. 1 %
1.2 %
. 9 %
96.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Baltimore Agent Name City Title Phone Community Information Website Other

Property Sales
900
November Property sales were 533 , equal to 533 in November of
2016 and 4.5 % lower than the 558 sales last month . November
800
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to November of
900
700
November
2016 and Property 2015 . November sales were YTD 533 , sales equal of to 6,540 533 in are November running of 1.9 %
2016 and 4.5 % lower than the 558 last month . November
800 ahead of last year ' s year-to-date sales of 6,419 .
600
2017 sales were at their highest level compared to November of
700
500
2016 and 2015 . November YTD sales of 6,540 are running 1.9 % ahead of last year ' s year-to-date sales of 6,419 .
600
400
500
300
400
200
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 260,000 , up 10.6 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 235,000 in November of 2016 and equal to $ 260,000
The last Median month Sales . The Price Average in November Sales Price was in $ November 260,000 , up was 10.6 % from
$ 299,599 $ 235,000 , up 3.1 in November % from $ 290,625 of 2016 in and November equal to $ 260,000 of 2016 and
340
340
320
Median Sales Price and Average Sales Price
3 Mo Avg
last down month 0.7 .% The from Average $ 301,697 Sales last Price month in . November was 2017 ASP was $ 299,599 , up 3.1 % from $ 290,625 in of
320 at the highest level compared to November of 2016 and 2015 . down 0.7 % from $ 301,697 last month . November 2017 ASP was
300
300
280
at the highest level compared to November of 2016 and 2015 .
280
260
260
240
240 220
560 338 369
560 338 369 474 457 605 681 715 635 573 545 437 558 427 424 467 614 661 800 618 662 626 587 533 611 407 415 587 547 697 839 670 705 582 558 533
220
200
200
D
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
November Total Inventory was 1,673 of Properties , down 13.7 available % from 1,938 for sale last month of and
3,000
November down 22.2 was % from 1,6732,150 , down in 13.7 November % from 1,938 of last last year month . November and
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
down 201722.2 Inventory % from was 2,150 at in its November lowest level of last compared year . November with November
2,500
6.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
2,000
5.0 of 2016 and 2015 .
2,000
1,500
4.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The November 2017 MSI of 3.1
500
2.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 3.1 of
2016500
1.0 months and 2015 was
. at its lowest level compared with November of 2016
0 and 2015 .
0
0.0
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 J
J A S O N
14
15
16
17
14
15
16
17
5.0
4.0
3.0
2.0
1.0
0.0
2,294 2,182 2,108 2,191
2,466 474
2,294 2,182 2,108 2,191
457
2,466 605 681 715 635 573
2,681 2,761 2,790 2,735 2,787 2,640 2,484
545
Number of Properties Sold
437
2,681 2,761 2,790 2,735 2,787 2,640 2,484 558 427 424
2,197 2,105 2,042 2,203 2,350 2,417
467
2,197 2,105 2,042
2,203
614 661 800 618 662 626
2,350 2,417 2,555 2,534 2,435 2,453 2,401
587
2,555 2,534 2,435 2,453 2,401
2,150 1,895 1,805 1,791 533 611 407 415 587 547 697 839
1,912 2,069 2,097 2,143 2,108 2,075 2,076 1,938
1,673 670 705
2,150 1,895 1,805 1,791 1,912 2,069 2,097 2,143 2,108 2,075 2,076
3 Mo Avg
582 558
1,938 1,673
533
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
8 | c o l d w e l l b a n k e r h o m e s . c o m
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 .