MA ARCHIVED October 2016 | Page 8

Market Action Report

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Con

Phone
Website
Month
Other
$1,995,000

Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM
LY

-3%
46%
$2,785,913 Trending
-4% versus*:
59%
Month
LM
L3M
PYM
LY
$1,415,000 4% -9% 13%
$1,995,000
-3%
46%
$1,500,893 -6% -4% 20%
$2,785,913 -4%
59%
23 5%
15%
$1,415,000 4% -9% 13% -2%
6 50%
200%
$1,500,893 -6% -4% 20% -5%
20 -51% -46% -68%
23 5%
15%
$429
-20% -8%
-19%
6 50%
200%
$417
-9%
-1%
20 -51% -46% -68% -65%
3.8 -30%
$429 -20%
-8% -18%
-19% -62%
-42%
92.7%
.1%
-.2%
3.0%
$417 -9% -1%
21%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median List Price of all Current Listings

October Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

October Median Sales Price

October Number of Properties Sold

October Average Sales Price

October Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

October Number of Properties Sold

October Sold Price per Square Foot

October Average Days on Market (Solds)

October
Month's
Supply
of (based
Inventory
Asking
Price
per Square
Foot
on New Listings)
OctoberSold
SalePrice
Price
vsSquare
List Price
October
per
FootRatio

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

$1,589,750
$1,665,039

3 Mo Avg

3 Mo Avg

6

4

0

5

2

2

1

0

2

0

2

1

2

0

2

0

6

2

3

2

0

1

3

4

2

1

1

0

2

1

2

1

1

0

2

1

2

2

1

Prices

23%
-34%
10%
30%
1%

3

2

13

6

4

0

5

2

2

1

0

2

0

2

1

2

0

2

0

6

2

0

2

1

3

4

2

1

1

0

2

1

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
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
2

0

10%

16%
5%
15%
12%
18%23%
70%-34%
1%10%

4

2

3

6%

22
6%
70
$489
22
16%
70 $381
15%
$489 12.9
12%
$381 92.2%
18%

-65%
-42%
21%
-62%
1.2%

10%
5%

6%

5

1

4

$1,665,039

Number of Properties Sold

6

1

5

7

2

2016 sales were at their highest level compared to October of
2015 and 2014. October YTD sales of 22 are running 15.8%
ahead of last year's year-to-date sales of 19.

Trending versus*:
YTD
Prior
Prior Year
$1,589,750 YTD 6%

3.8 -30% -18% -62% -62%
12.9
70%
30%
Number of92.2%
Properties
92.7% .1% -.2% 3.0% 1.2%
1% Sold 1%

October Sale Price vs List Price Ratio
October Property sales were 6, up 200.0% from 2 in October of
2015 and 50.0% higher than the 4 sales last month. October
Property
2016 salesSales
were at their highest level compared to October of 7
October Property sales were 6, up 200.0% from 2 in October of
2015 and 2014. October YTD sales of 22 are running 15.8%
2015 and 50.0% higher than the 4 sales last month. October
6
ahead of last year's year-to-date sales of 19.

Trending versus*:
Prior YTD Prior Year

YTD

-2%
-5%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

October Month's Supply of Inventory

Median Sales
Price and Average 16
Sales Price
15

14

The Median Sales Price in October was $1,415,000, up 13.2%
2,600
Prices
from $1,250,000 in October of 2015 and up 3.9% from
The
Median Sales
Price in October
was $1,415,000,
$1,362,250
last month.
The Average
Sales Priceup
in 13.2%
October was
2,6002,400
from
$1,250,000
October
of$1,250,000
2015 and upin3.9%
from of 2015 and
$1,500,893,
up in
20.1%
from
October
2,200
$1,362,250
month.
The Average
Sales Price
in October
waswas2,400
down 5.7%last
from
$1,591,125
last month.
October
2016 ASP
$1,500,893, up 20.1% from $1,250,000 in October of 2015 and
2,000
2,200
at a mid range compared to October of 2015 and 2014.
down 5.7% from $1,591,125 last month. October 2016 ASP was
2,0001,800
at a mid range compared to October of 2015 and 2014.

October 2016

Title
Phone
Agent
Name
Website
TitleOther

2

County: Baltimore City

Agent Name

2

Market Action Report

Baltimore City

3

County: Baltimore City

October 2016

3 Mo Avg

Median Sales Price and Average Sales Price

3 Mo Avg

1,8001,600
1,6001,400
1,4001,200
1,2001,000

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

1,000

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

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI

20.0

25.0
23

22

25.0

23
23

22

23

30.0

30.0
26

28

33
29

29

35.0

35.0

26

29

28

29

2529

2429

33
29

17

20

25

29

0

24
21

20 21

21
17

18
21

16 21

14

16

12 18
16 21

16

13

12

13

17
14

18

13

20

20 22
20 23

18 20

17
13

5

10

10

13

19

15

1923

22

20

13
11

15

A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 10
higher MSI is better for buyers. The October 2016 MSI of 3.8
higher MSI is better for buyers. The October 2016 MSI of 3.8
months was at its lowest level compared with October of 2015 5
months was at its lowest level compared with October of 2015
and2014.
2014.
0
and

25

10 11

20

30

11 12

25

35

12

highest level compared with October of 2015 and 2014.

Total Inventory & Month's Supply of Inventory (MSI)

11

Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
Properties
available
for sale
asup
of 15.0% from
October
was 23, upof4.5%
from 22
last month
and
35
October
was 23, of
uplast
4.5%
fromOctober
22 last month
and up 15.0%
20 in October
year.
2016 Inventory
wasfrom
at its
20
in October
last year. with
October
2016of
Inventory
was
at its
30
highest
levelof
compared
October
2015 and
2014.

15.0
10.0
5.0

0.0
J AF M
M JA M
J N
A DS O
N D NJ DF M
J AJ SJ OA NS DO J NF DM JA FMMJ AJ M
A JS O
J FN MD AJ MF JM J A AMS JO J A S O
15
16
13 13
14 14
15
16

Copyright
© Coldwell
| Price
Up | Property
SFH - Con
Range:
$1,000,000
Upand
| Property
Types: Types:
SFH - Con
8Copyright
| © Coldwell
c o lBanker
dBanker
wResidential
eResidential
l l bBrokerage
aBrokerage
n k| ePrice
r
h
oRange:
m
e$1,000,000
s . and
co
m

Data
provided
courtesy
of Coastal
Association
of REALTORS
MD,Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc.,County
SussexAssociation
County Association
of REALTORS
and
mayallnotrelevant
reflect real
all relevant
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
courtesy
of Coastal
Association
of REALTORS
of MD,ofInc.,
Regional
Information
Systems,
Inc., Sussex
of REALTORS
and may not
reflect
estate activity.
Coldwell
Banker
Residential
Brokerage
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.

20.0
15.0
10.0
5.0
0.0