MA ARCHIVED October 2017 | Page 10

Market Action Report
October 2017
County: Baltimore
BALTIMORE
Market Action Report COUNTY
Agent Name
October 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Baltimore
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,399,000 -4%
-6%
Trending versus*:
$1,810,404 Trending
-1% versus*:
-6%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,205,000
4%
-2%
$1,399,000
-4% -25% -8%
-6% -14% -12% $1,350,000
$1,253,392
-7%
-7%
$1,810,404
-1% -24% -13%
-6% -9% -19% $1,451,615
6%
$1,205,000 119
-25% 2%
-8% -14% -12%
$1,350,000
4%
-2%
10 150%
74
-5% -7%
$1,253,392 -24%
-13% -9% 43%
-19% $1,451,615
-7%
99 -8% 25%
2%
75 -21%
-23%
119 2%
6% 1%
-10%
10 $194
150% -13% -7%
43% -9% -20%
74 $218
-5% -11%
99 $248
-8% 77%
25% 15%
1% 35%
2% 13%
75 $218
-21% -1% -23%
0%
$194 11.9
-13% -59%
-7% -25%
-9% -26%
-20% -24% $218 20.5
-11% 32% -10% 30%
$248 87.5%
77% -1.1%
15% -3.0%
35% -.6%
13% -4.2% $218 91.9%
-1%
0% 0%
1%
Average List Price of all Current Listings
Market Profile & Trends Overview
October
Median
Sales
Price Listings
Median
List
Price of
all Current
October List
Average
Sales
Price Listings
Average
Price of
all Current
Total Properties
Currently
October
Median Sales
Price for Sale (Inventory)
October Average
Number
of Properties
Sold
October
Sales
Price
October
Average
Days on for
Market
(Solds)
Total
Properties
Currently
Sale (Inventory)
Asking Number
Price per of Square
Foot Sold
(based on New Listings)
October
Properties
October
Days per
on Square
Market Foot
(Solds)
October Average
Sold Price
Asking
Price
per Square
Foot
on New Listings)
October
Month's
Supply
of (based
Inventory
October
per
Foot Ratio
October Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month
/ L3M=Last
3 Months of / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 11.9 -59% -25% -26% -24%
October
Month's
Supply
Inventory
20.5
32%
30%
87.5% -1.1% -3.0% -.6% -4.2%
0% Sold 1%
Number of 91.9%
Properties
October Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
14
12
10
8
10
6
8
Prices
14
6
11
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
14
15
16
17
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
16
Median Sales
Price and Average 17
Sales Price
15
The Median Sales Price in October was $1,205,000, down 13.6%
Prices
from
$1,395,000
in October
of 2016
and down 24.7%
from
The
Median
Sales Price
in October
was $1,205,000,
down 13.6%
2,000
$1,600,000
last in month.
Average
October was
from
$1,395,000
October The
of 2016
and Sales
down Price
24.7% in from
2,000
$1,253,392,
down
9.0%
from
$1,378,039
in
October
of
2016
and
$1,600,000 last month. The Average Sales Price in October was
1,800
down 24.3%
from
$1,656,250
last month.
October
2017 and
ASP
$1,253,392,
down
9.0%
from $1,378,039
in October
of 2016
1,800
was at
the lowest
level compared
to October
of 2016
down
24.3%
from $1,656,250
last month.
October
2017 and
ASP 2015.
1,600
was at the lowest level compared to October of 2016 and 2015.
0
0
2
4
4
6
2
3 Mo Avg
16
12
3 Mo Avg
Number of Properties Sold
18
behind last year's year-to-date sales of 78.
20
October Property sales were 10, up 42.9% from 7 in October of
2016 and 150.0%
Property
Sales higher than the 4 sales last month. October 20
2017 sales
were sales
at their
highest
compared
October
October
Property
were
10, up level
42.9%
from 7 in to
October
of of
18
2016 and
and
2015. higher
October
YTD
of last
74 are
running
5.1%
2016
150.0%
than
the sales
4 sales
month.
October
16
behind
year's
year-to-date
sales
of 78. to October of
2017
sales last
were
at their
highest level
compared
2016 and 2015. October YTD sales of 74 are running 5.1%
14
Property Sales
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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
N D 14
J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A S O
14 15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
40
20
100.0
80.0 80.0
60.0 60.0
40.0 40.0
20.0 20.0
60
100.0
60
comparatively
lower
MSI
is more
beneficial
for sellers
a 40
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
October
of 11.9
higher
is is
better
for for
buyers.
The The
October
2017 2017
MSI MSI
of 11.9
months
at at
its its
lowest
level
compared
with with
October
of 2016
months was
was
lowest
level
compared
October
of 2016 20
0
and
and 2015.
2015.
80
80
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
October was 119, up 1.7% from 117 last month and up 6.3% from 140
October was 119, up 1.7% from 117 last month and up 6.3% from 140
112 in in October
October
last
year.
October
2017
Inventory
112
of of
last
yea r.
October
2017
Inventory
was was
at its at its 120 120
highest level
level
compared
with
October
of 2016
2015.
highest
compared
with
October
of 2016
and and
2015.
100 100
0.0
0
N D N J D
F M
A S J O J N
J A F M
M J A J M A J S J O A N S D O J N F D M J A F M M J A J M
A D S J O F N M D A J M F J M J A A M S J O J A S O
14 14
15 15
16
17
16
17
0.0
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
10
coldwellbankerluxury.com
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
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.
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.