MA ARCHIVED October 2016 | Page 10

Market Action Report October 2016
Community Phone Information
Market Action Report October 2016

County : Baltimore

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
$ 1,498,250
1 %
-5%
Average List Price of all Current Listings
$ 2,028,970
2 %
5 %
October Median Sales Price
$ 1,395,000
12 %
7 %
14 %
16 %
$ 1,300,000
8 %
8 %
October Average Sales Price
$ 1,378,039
0 %
-6%
6 %
2 %
$ 1,566,832
18 %
16 %
Total Properties Currently for Sale ( Inventory )
110
-4%
10 %
October Number of Properties Sold
7
75 %
-13%
78
39 %
October Average Days on Market ( Solds )
98 -45% -16%
3 %
-3%
95
-17%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 220
-20% -10% -4%
-7%
$ 244
1 %
3 %
October Sold Price per Square Foot
$ 184
-14% -13% -5%
-10%
$ 221
9 %
8 %
October Month ' s Supply of Inventory
15.7 -45% -12% 26 %
-35%
15.9
-35%
-34%
October Sale Price vs List Price Ratio
88.0 % 3.3 % -3.1% 1.5 % -2.4%
91.6 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 7 , down 12.5 % from 8 in October of 2015 and 75.0 % higher than the 4 sales last month . October Property 2016 sales
Sales were at a mid level compared to October of 2015 and 14 October Property sales were 7 , down 12.5 % from 8 in October of 2014 . October YTD sales of 78 are running 39.3 % ahead of last 2015 and 75.0 % higher than the 4 sales last month . October 12 year ' s year-to-date sales of 56 . 2016 sales were at a mid level compared to October of 2015 and 2014 . October YTD sales of 78 are running 39.3 % ahead of last 10 year ' s year-to-date sales of 56 .
8

Baltimore Agent County

Name
Title

Community Phone Information

Website
Other
6 4
14 12 10 8 6 4 2
Number of Properties Sold
2 0
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
0 13 14 15
16 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
Prices 13 14
Median Sales 15 Price and Average 16 Sales Price
3 Mo Avg
The Median Sales Price in October was $ 1,395,000 , up 14.1 %
Prices from $ 1,222,500 in October of 2015 and up 11.8 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in October was $ 1,395,000 , up 14.1 % 2,000 $ 1,247,500 last month . The Average Sales Price in October was from $ 1,378,039 $ 1,222,500 , up in 5.9 October % from of $ 1,301,875 2015 and in up October 11.8 % from of 2015 and up 2,000
$ 0.1 1,247,500
% from last $ 1,377,000 month . The last Average month . Sales October
Price 2016 in October
ASP was was 1,800 at a $ 1,378,039 , up 5.9 % from $ 1,301,875 in October of 2015 and up mid range compared to October of 2015 and 2014 .
1,800 0.1 % from $ 1,377,000 last month . October 2016 ASP was at a 1,600 mid range compared to October of 2015 and 2014 .
1,600 1,400
11
1,400 1,200
7 3 4 3 4 4 13
1,200
1,000
1,000
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
13
J
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 A16M J
J
A S O
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 110 , down of Properties 4.3 % from available 115 last for month sale as and of up 10.0 %
October was 110 , down 4.3 % from 115 last month and up 10.0 %
140 from 100 in October of last year . October 2016 Inventory was at from its highest 100 in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . at
120 its highest level compared with October of 2015 and 2014 .
100
80
60
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 15.7
40 higher MSI is better for buyers . The October 2016 MSI of 15.7 months was at a mid level compared with October of 2015 and months was at a mid level compared with October of 2015 and
20
2014
2014 .
.
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
100.0
120
100
80.0
80
60.0
60
40.0
40
20
20.0
0
0.0
N
D NJ
DF MJ
AF
M JA JM AJ
SJ OA NSDOJ
NF DM JA FM MJ
AJ
MA SJ
OJ NA DS JO FN MD AJ
MF
JMJ AAMS JO
J A S O
13
13
14
14
15
15
16
16
100.0
80.0
60.0
40.0
20.0
0.0
80 11
80 7 3
66 63 68 73 4 3 4 4 7
13
12 7 12
105 114 110 112 114 115
106 93
66 63 68 73
3 4
3
11 4
105 114 110 112 114 115
106
Number of Properties Sold
93
11 8
79 76 75 82
5
94 6
113 112
79 76 75 82 6 1 9 5
104 94 106 108
100
6 85
5
74 73
5
113
112 104 106 108
100
82
8 5 6 6 1 9 5 6 5 5 8 3 4
8 10
85
94 3 4 10
109 104
117
74 73
82 94
3
3 6 5 8
6 5
114 109 115 110
3 Mo Avg
8 12 11
12 11 12 4 7
12
109
104 117 114 109 115 110
3 Mo Avg
4 7
10 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con 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 .