MA ARCHIVED October 2016 | Page 10

Market Action Report October 2016
Title Phone Community Information Website Other
Market Action Report October 2016

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
$ 308,850
4 %
17 %
Average List Price of all Current Listings
$ 432,953
3 %
15 %
October Median Sales Price
$ 234,950
-7%
-6%
4 %
1 %
$ 245,000
6 %
6 %
October Average Sales Price
$ 284,331
-4%
-5%
3 %
2 %
$ 297,128
7 %
7 %
Total Properties Currently for Sale ( Inventory )
2,202
-6%
-16%
October Number of Properties Sold
578
-7%
6 %
5,871
9 %
October Average Days on Market ( Solds )
67
29 %
20 %
0 %
-6%
63
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 152
-1%
1 %
4 %
3 %
$ 152
2 %
3 %
October Sold Price per Square Foot
$ 141
1 %
-2%
6 %
3 %
$ 142
4 %
4 %
October Month ' s Supply of Inventory
3.8
1 %
2 %
-21% -21%
4.0
-17%
-17%
October Sale Price vs List Price Ratio
94.0 % -2.4% -1.9% . 3 %
. 3 %
95.2 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
900
October Property sales were 578 , up 6.1 % from 545 in October of 2015 and 7.4 % lower than the 624 sales last month . October
800
Property
2016 sales Sales were at their highest level compared to October of
900
700
October
2015 and Property 2014 . sales October were YTD 578 , sales up 6.1 of % 5,871 from are 545 running October 8.9 % of 2015 and 7.4 % lower than the 624 sales last month . October
800 ahead of last year ' s year-to-date sales of 5,392 .
600
2016 sales were at their highest level compared to October of
700
500
2015 and 2014 . October YTD sales of 5,871 are running 8.9 % ahead of last year ' s year-to-date sales of 5,392 .
600
400
500
300
400
200
300
100
200
0
100
0
Prices
The Median Sales Price in October was $ 234,950 , up 4.0 % from
Prices
$ 226,000 in October of 2015 and down 6.9 % from $ 252,250
340
The last Median month Sales . The Price Average in October Sales Price was $ in 234,950 October , up was 4.0 $ % 284,331 from ,
$ up 226,000 3.0 % from in October $ 276,122 of 2015 in October and down of 6.9 2015 % from and down $ 252,250 3.6 % from
340
320
last
$ 294,807 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 284,331 highest , up level 3.0 % compared from $ 276,122 to October in October of 2015 of 2015 and 2014 and down . 3.6 % from
$ 294,807 last month . October 2016 ASP was at the highest
320
300
300
280
level compared to October of 2015 and 2014 .
280
260

Baltimore Agent County

Name

Title Phone Community Information Website Other

Number of Properties Sold
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
J
F M A M J
14
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
15
16
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
374 418 286 287 390 390 507 571 590 570 497 527 407 560 338 369 474 457 605 681 715 635 573 545 437 558 427 424 467 613 661 800 616 661 624 578
N D 13
260 240
240 220
374 418 286
220
200
200
N
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
D
13
J
F
14 M A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M A
16 M J
J
A S O
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 2,202 of , down Properties 6.3 % available from 2,350 for sale last month as of and down
3,000
October
16.5 % from was 2,202 2,636 , down in October 6.3 % from of last 2,350 year last . October month 2016 and down
3,000
2,500
16.5
Inventory % from 2,636 was at in its October lowest of level last compared year . October with 2016 October of 2015
2,500
Inventory and 2014 was . at its lowest level compared with October of 2015
2,000 and 2014 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
1,500
4.0
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 October 2016 MSI of 3.8 higher MSI is better for buyers . The October 2016 MSI of 3.8
500
2.0 months was at its lowest level compared with October of 2015
500 months was at its lowest level compared with October of 2015
1.0 and 2014 .
0 and 2014 .
0
0.0
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
N
D J
F M A 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
13
14
15
16
2,249 2,043 1,964
2,249 2,043 1,964 1,964 2,095 287 390 390 507 571 590 570
2,393 2,538 2,656 2,666 2,750 2,768 2,748
2,535
1,964
2,095 2,393 2,538 2,656 2,666
497
Number of Properties Sold
527 407 560 338
2,750 2,768 2,748
2,535 2,294 2,182
2,294 2,182 2,108 2,191
2,466 369 474 457 605 681 715
2,680 2,759 2,788 2,733 2,784 2,636 2,480
2,108 2,191
2,466
635 573
2,680 2,759 2,788 2,733 2,784 2,636 545 437 558
2,480 2,189 2,096
427
2,189 2,096 2,029 2,187 2,328 2,392
424
2,525 2,494
2,029
2,187 467 613
3 Mo Avg
661
3 Mo Avg
2,374 2,350 2,202 800 616
2,328 2,392 2,525 2,494 2,374
3 Mo Avg
661 624
2,350 2,202
578
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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 : All | 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 .