MA ARCHIVED September 2016 | Page 10

Market Action Report September 2016
Community Information
Market Action Report September 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
$ 299,900
3 %
10 %
Average List Price of all Current Listings
$ 428,547
5 %
13 %
September Median Sales Price
$ 252,000
1 %
-1%
10 %
9 %
$ 245,000
5 %
6 %
September Average Sales Price
$ 293,315
-4%
-5%
7 %
5 %
$ 298,292
7 %
7 %
Total Properties Currently for Sale ( Inventory )
2,244
-4%
-19%
September Number of Properties Sold
614
-7%
7 %
5,280
9 %
September Average Days on Market ( Solds )
52
2 %
-4%
-22% -27%
63
-11%
-11%
Asking Price per Square Foot ( based on New Listings )
$ 154
1 %
2 %
8 %
4 %
$ 152
2 %
3 %
September Sold Price per Square Foot
$ 138
-4%
-4%
-4%
1 %
$ 142
3 %
4 %
September Month ' s Supply of Inventory
3.7
4 %
-2%
-25% -25%
4.0
-17%
-17%
September Sale Price vs List Price Ratio
96.2 %
-. 2 %
-. 2 % 2.1 % 2.6 %
95.3 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Baltimore Agent County

Name
Title Phone

Community Information

Website
Other
Property Sales
900
September Property sales were 614 , up 7.2 % from 573 in
September of 2015 and 6.8 % lower than the 659 sales last
Property month . September Sales 2016 sales were at their highest level
900
September Property sales were 614 , up 7.2 % from 573 in compared to September of 2015 and 2014 . September YTD
September of 2015 and 6.8 % lower than the 659 sales last
800 sales of 5,280 are running 8.9 % ahead of last year ' s year-to-date month . September 2016 sales were at their highest level
700 sales of 4,847 . compared to September of 2015 and 2014 . September YTD
600 sales of 5,280 are running 8.9 % ahead of last year ' s year-to-date
800
700
600
500
400
Number of Properties Sold
3 Mo Avg
sales of 4,847 .
500
300
400
200
300
100
200
100
0
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
0
13
14
15
16
Prices
The Median Sales Price in September was $ 252,000 , up 9.6 %
Prices from $ 230,000 in September of 2015 and up 0.8 % from
The
$ 249,900 Median last Sales month Price . in The September Average was Sales $ 252,000 Price in , up September 9.6 % from was $ 230,000 293,315 , in up September 7.1 % from of $ 2015 273,816 and in up September 0.8 % from of 2015 and
340
$ down 249,900
4.0 last % from month $ 305,433
. The Average last month
Sales
. Price September in September 2016 ASP was $ 293,315 , up 7.1 % from $ 273,816 in September of 2015 and
320 was at the highest level compared to September of 2015 and down 4.0 % from $ 305,433 last month . September 2016 ASP
2014 .
300 was at the highest level compared to September of 2015 and
280
2014 .
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
13
14
Median Sales
15 Price and Average Sales
16 Price
Median Sales Price and Average Sales Price
340
3 Mo Avg
320
300
280
260
3 Mo Avg
260
240
240 220
427 374 418
427 374 418 286 287 390 390 507 571 590 570 497 527 407 560 338 369 474 457 605 681 715 635 573 545 437 558 427 424 467 613 661 800 615 659 614
O
N
13 D
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
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
September Total Inventory was 2,244 of Properties , down 3.6 available % from 2,327 for sale last month of and
3,000
September was 2,244 , down 3.6 % from 2,327 last month and
3,000 down 19.3 % from 2,782 in September of last year . September
2,500 down 201619.3 Inventory % from was 2,782 at in its September lowest level of last compared year . September with September
2,500
2016 of 2015 Inventory and 2014 was . at its lowest level compared with September
2,000 of 2015 and 2014 .
2,000
1,500
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
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 September 2016 MSI of 3.7
2.0 higher MSI is better for buyers . The September 2016 MSI of 3.7
500 months was at its lowest level compared with September of
2015500 months was at its lowest level compared with September of 2015
1.0 and 2014 .
0 and 2014 .
0
0.0
O
N
O D
N J
D
F M
J
A
F 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 S
J
O
J
N
A
D
S
J
O
F
N M
D A
J M
F J
M
J
A
A
M S
J
J
A S
13
13
14
14
15
15
16
16
2,371
2,249 2,043 1,964 1,964
286
2,095 287 390 390 507
2,393 2,538 2,656 2,666
571 590 570
2,750 2,768 2,748
2,535 2,294 2,182 2,108
Number of Properties Sold
497 527 407 560 338
2,190 2,465
369
220 200
200 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
2,371
2,249 2,043 1,964 1,964 2,095 2,393 2,538 2,656 2,666 2,750 2,768 2,748
2,535 2,294
474 457 605 681 715
2,679 2,757
2,465 2,786 2,731 2,782 2,633 2,477
2,182 2,108 2,190
2,679 2,757 2,786
635
2,731
2,782 573 545 437
2,633 2,477
2,186 558 427
2,093 2,026
2,186 2,093 2,026 2,183 2,323 2,387
424
2,515 2,475
467
2,183 2,323
613
2,327 2,244
661
2,387 2,515
800 2,475
3 Mo Avg
615 659
2,327 2,244
614
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
10 | c o l d w e l l b a n k e r h o m e s . c o m
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 .