MA ARCHIVED September 2016 | Page 11

Market Action Report

County: Baltimore

September 2016

Baltimore County
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 September was 52, up 2.0% from
51 days last month and down 22.4% from 67 days in September
of last year. The September 2016 DOM was at its lowest level
compared with September of 2015 and 2014.

3 Mo Avg

100
90
80

68

70

67

60

52

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 September 2016 Selling Price per Square Foot of $138 was
down 4.0% from $144 last month and down 3.7% from 144 in
September of last year.

150
145
140
135
130
125
120
115
110
105
100

3 Mo Avg

144
138

135

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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 September 2016 Selling Price vs
Original List Price of 96.2% was down from 96.4% last month
and up from 94.2% in September of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

97%

96.2%

96%
95%

94.2%

94%

93.2%

93%
92%
91%
90%
89%
88%
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Inventory / New Listings / Sales

Inventory / New Listings / Sales

2,327

2,244

2,515

2,475

2,387

2,323

2,183

2,093

2,026

2,477

2,186

2,782

2,633

2,786

2,731

2,757

2,679

2,465

2,190

2,182

2,108

2,535

2,294

2,768

2,748

2,750

2,666

2,656

2,393

2,095

1,964

2,043

1,500

1,964

2,000

2,371

2,500

2,538

3,000

2,249

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 September 2016 was 885, up 5.9% from 836 last
month and down 2.2% from 905 in September of last year.

1,000
500
0
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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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