Community Information
Baltimore City
Community Information
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for November was 58 , up 7.4 % from 54 days last month and equal to 58 days in November of last year . The November 2017 DOM was at its lowest level compared with November of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The November 2017 Selling Price per Square Foot of $ 139 was down 7.6 % from $ 151 last month and down 0.2 % from 139 in November of last year .
100 90 80 70 60 50 40 30 20 10 0
200 190 180 170 160 150 140 130 120 110 100
Selling Price vs Original Listings Price |
The Selling Price vs Original Listing Price reveals the average |
amount that Sellers are agreeing to come down from their |
98 % |
original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more |
96 % |
|
of a Seller ' s market . The November 2017 Selling Price vs
Original List Price of 96.0 % was up from 95.5 % last month and
|
94 % |
up from 94.9 % in November of last year . |
92 % |
Days On Market for Sold Properties
70
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
Selling Price per Square Foot
3 Mo Avg
D J 14 15
Selling Price versus Listing Price Ratio
58 58
138 139 139
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 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.9 %
94.9 %
3 Mo Avg
3 Mo Avg
96.0 %
90 % 88 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in November 2017 was 617 , down 21.8 % from 789 last month and up 3.2 % from 598 in November of last year .
86 %
3,000 2,500 2,000 1,500 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 14 15
16
17 Inventory / New Listings / Sales
2,294 2,182 2,108 2,191
2,466 2,681 2,761 2,790 2,735 2,787
2,640
2,484 2,197 2,105 2,042
2,203 2,350 2,417 2,555 2,534 2,435 2,453 2,401
2,150 1,895 1,805 1,791 1,912 2,069 2,097 2,143 2,108 2,075 2,076
1,938 1,673
500
0 D J 14 15
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 |
|
|
|
16 |
|
|
|
17 |
|
|
|
c o l d w e l l b a n k e r h o m e s . c o m | 9