MA ARCHIVED October 2016 | Page 11
Market Action Report
County: Baltimore
October 2016
Baltimore County
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 October was 98, down 44.6% from
177 days last month and up 3.2% from 95 days in October of last
year. The October 2016 DOM was at a mid level compared with
October of 2015 and 2014.
3 Mo Avg
350
300
250
200
150
100
98
95
76
50
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great ind icator 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 October 2016 Selling Price per Square Foot of $184 was
down 14.0% from $214 last month and down 4.9% from 194 in
October of last year.
3 Mo Avg
400
350
300
250
194
185
200
184
150
100
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Selling Price versus Listing Price Ratio
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
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
of a Seller's market. The October 2016 Selling Price vs Original
List Price of 88.0% was up from 85.2% last month and up from
86.7% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96%
94%
92%
90%
88%
86%
84%
82%
80%
78%
90.1%
88.0%
86.7%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
140
115
110
109
117
114
109
104
94
73
82
85
74
108
100
106
104
112
113
94
82
76
75
93
115
114
112
106
79
73
68
63
60
80
80
114
105
100
110
120
66
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 October 2016 was 17, down 41.4% from 29 last month and
down 5.6% from 18 in October of last year.
40
20
0
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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.
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