MA ARCHIVED October 2016 | Page 9
Market Action Report
County: Baltimore City
October 2016
Baltimore City
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | 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 72, up 20.0% from 60
days last month and down 4.0% from 75 days in October of last
year. The October 2016 DOM was at its lowest level compared
with October of 2015 and 2014.
3 Mo Avg
100
90
80
75
72
72
70
60
50
40
30
20
10
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator 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 $139 was up
2.2% from $136 last month and down 3.4% from 144 in October
of last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
167
144
139
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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 93.8% was down from 96.8% last month and up
from 91.5% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96%
93.8%
94%
91.5%
92%
90.1%
90%
88%
86%
84%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
997
951
1,047
1,121
1,087
1,050
972
1,020
920
974
929
1,090
1,078
1,070
1,087
1,050
1,074
1,065
1,035
974
987
956
995
970
1,114
1,090
1,083
1,078
1,069
1,061
938
903
900
800
982
1,000
1,036
1,200
926
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 306, down 8.4% from 334 last month and
down 14.5% from 358 in October of last year.
600
400
200
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
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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.
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