MA ARCHIVED October 2016 | Page 8

Market Action Report

County: Baltimore City

Market Action Report

October 2016

Baltimore City

County: Baltimore City

Agent Name

Title
Phone
Agent
Name
Website
Other
Title

October 2016

Community Information

Price Range: All | Properties: SFH - Con

Phone
Month
Website

Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con

LM

Trending versus*:
L3M PYM
LY

$199,500
4%
14%
Other
$314,040 Trending
3% versus*:
33%
Month
LM 10%
L3M -2%
PYM -2%
LY
$181,000
$199,500
4% 11% 3%
14% 5%
$251,476
$314,040 951
3% -5% 33% -13%
$181,000 217
10% 3%
-2% -2% 16%
10%
$251,476 11%
3%
5%
15%
72 20% 3% -4%
951 -5%
-13%
$164 -1% 4% 8%
217 3%
16%
$139 2% -2% -3%
72 20% 3% -4% -3%
4.4 -8% -2% -25%
$164 -1% 4% 8% -7%
93.8% -3.1% -1.2% 2.5%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings

Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
October
Sales
Price
OctoberMedian
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 Inventory

Asking Price per Square Foot (based on New Listings)

October Sale Price vs List Price Ratio

October Sold Price per Square Foot

Trending versus*:

Prior YTD 8%
Prior Year 9%
10% YTD
$180,000
15%
$232,787
5%
7%

$180,000 2,111
8%
$232,787
5%
-3%
73

October Sale Price vs List Price Ratio

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

8% 9%
0% 7%
4%
3%
-1%
-12%
-5%
0%

-7%
$168
2,111
8%
-1%
$145
73
0%
-23%
4.9
$168
4%
.7%
93.8%

-1%
-5%
3%
-13%
1%

$139 2% -2% -3% -1%
$145
3%
3%
4.4 -8% -2% -25% -23%
4.9 -12%
-13%
of93.8%
Properties
93.8% -3.1% -1.2% 2.5% Number
.7%
0% Sold 1%

* 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

Trending versus*:
Prior YTD Prior Year

YTD

3 Mo Avg

350

October Property sales were 217, up 16.0% from 187 in October
of 2015 and 3.3% higher than the 210 sales last month. October 300
Property
2016 salesSales
were at their highest level compared to October of 350
October
Property
wereYTD
217, sales
up 16.0%
from
187
in October
250
2015 and
2014. sales
October
of 2,111
are
running
8.0%
ofahead
2015 and
3.3%
higher
than the 210
sales
month. October 300
of last
year's
year-to-date
sales
of last
1,954.
200
2016 sales were at their highest level compared to October of

Prices

240
220
200
180
160
140
120
100

217

210

217

210

248

290

232

226

188

172

127

196

151

187

174

226

228

276

222

201

196

135

109

204

159

181

201

3 Mo Avg

16

Median Sales Price and Average Sales Price

3 Mo Avg

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

Inventory & MSI

10.0

982
926
903 982
900 926
938903
1,036
900
1,061
938
1,078
1,036
1,069
1,061
1,083
1,078
1,114
1,069
1,090
1,083
995
1,114
970
1,090
987
956 995
974970
987
1,035
956
1,074
974
1,065
1,035
1,087
1,0501,074
1,070
1,065
1,090
1,087
1,078
1,050
974 1,070
929 1,090
920 1,078
972
974
1,020
929
1,050
920
1,121
972
1,087
1,020
1,047
1,050
997
951 1,121

800

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

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

10.0
8.0

600

6.0

400
A comparatively lower MSI is more beneficial for sellers while a
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a4.4 400
200
higher
MSI
is better
for buyers.
Octoberwith
2016October
MSI of 4.4
months
was
at its lowest
level The
compared
of 2015 200
months
was
at
its
lowest
level
compared
with
October
of
2015
0
and 2014.

4.0

600

and 2014.

248

201

290

232

226

188

172

127

196

151

187

174

226

228

276

222

201

196

135

109

204

159

181

177

197

196

168

160

150

251

177

197

196

251

168

160

15

16M J J A S O
N D 13J 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 A
13
14
15
16

The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
October
was 951, down
4.6% from
997 last
and down
The
Total Inventory
of Properties
available
for month
sale as of
1,200
12.8% from
1,090
in October
of 997
last last
year.
October
2016
October
was 951,
down
4.6% from
month
and down
1,000
12.8%
from 1,090
lastcompared
year. October
Inventory
was atinitsOctober
lowest of
level
with2016
October of 2015
1,000
800
Inventory
was at its lowest level compared with October of 2015
and 2014.
and 2014.

14

1,087
1,047
997
951

$226,409 last month. October 2016 ASP was at the highest
level compared to October of 2015 and 2014.

13

300
280
260
240
220
200
180
160
140
120
100

150

144

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
Median Sales Price and Average Sales Price

0

The Median Sales Price in October was $181,000, down 1.6%
Prices
from $184,000 in October of 2015 and up 9.7% from $165,000
The
in October
was $181,000,
lastMedian
month.Sales
ThePrice
Average
Sales Price
in Octoberdown
was 1.6%
$251,476,
300
from
$184,000
October of
andofup2015
9.7%and
from
up 5.0%
from in
$239,470
in 2015
October
up$165,000
11.1% from
280
last
month. last
The month.
Average October
Sales Price
in October
was
$226,409
2016
ASP was
at $251,476,
the highest
260
up
5.0%
from $239,470
in October
of and
20152014.
and up 11.1% from
level
compared
to October
of 2015

128

0

50

97

50

100

166

100
144

150

3 Mo Avg

150

128

200

97

250

166

2015 and 2014. October YTD sales of 2,111 are running 8.0%
ahead of last year's year-to-date sales of 1,954.

Number of Properties Sold

0

2.0
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 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
13 14
15
16

Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range:
All | Property
Types: SFH - Con
Copyright
Brokerage
Price
All e
| Property
8
| © Coldwell
c o lBanker
d wResidential
ellb
a n k| e
rRange:
hom
s . cTypes:
o mSFH - 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
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
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibili ty
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
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.

8.0
6.0
4.0
2.0
0.0