MA ARCHIVED September 2016 | Page 10

Market Action Report September 2016
Community Information
Market Action Report September 2016

County : Baltimore

Price Range : $ 1,000,000 and Up | 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
$ 1,450,000
4 %
-3%
Average List Price of all Current Listings
$ 1,959,584
5 %
5 %
September Median Sales Price
$ 1,247,500
2 %
-4%
0 %
4 %
$ 1,300,000
8 %
8 %
September Average Sales Price
$ 1,377,000
-10% -12%
-1%
2 %
$ 1,585,445
19 %
17 %
Total Properties Currently for Sale ( Inventory )
118
6 %
9 %
September Number of Properties Sold
4 -67%
-20%
71
48 %
September Average Days on Market ( Solds )
177
44 %
45 %
37 %
75 %
95
-19%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 274
9 %
10 %
17 %
16 %
$ 247
2 %
4 %
September Sold Price per Square Foot
$ 214
14 %
-3%
25 %
5 %
$ 222
9 %
8 %
September Month ' s Supply of Inventory
29.5
219 % 80 %
37 %
22 %
16.1
-37%
-33%
September Sale Price vs List Price Ratio
85.2 % -7.8% -5.6% -7.9% -5.5%
92.0 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales September Property sales were 4 , down 20.0 % from 5 in September of 2015 and 66.7 % lower than the 12 sales last Property month . September Sales 2016 sales were at a mid level compared to 14 September Property sales were 4 , down 20.0 % from 5 in September of 2015 and 2014 . September YTD sales of 71 are September of 2015 and 66.7 % lower than the 12 sales last 12 running 47.9 % ahead of last year ' s year-to-date sales of 48 . month . September 2016 sales were at a mid level compared to September of 2015 and 2014 . September YTD sales of 71 are 10 running 47.9 % ahead of last year ' s year-to-date sales of 48 .
8

Baltimore Agent County

Name
Title Phone

Community Information

Website
Other
6 4
14 12 10 8 6 4 2
Number of Properties Sold
2 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 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
Prices 13 14
Median Sales 15 Price and Average Sales 16 Price
3 Mo Avg
The Median Sales Price in September was $ 1,247,500 , up 0.2 %
Prices from $ 1,245,000 in September of 2015 and up 1.8 % from Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in September was $ 1,247,500 , up 0.2 % 2,000 $ 1,225,000 last month . The Average Sales Price in September from was $ 1,245,000 1,377,000 in , down September 1.2 % from of 2015 $ 1,394,000 and up 1.8 in % September from of 2,000
$ 2015 1,225,000 and down last month
9.9 % . from The Average
$ 1,528,840
Sales last Price month in September 1,800
. September was $ 1,377,000 , down 1.2 % from $ 1,394,000 in September of 2016 ASP was at a mid range compared to September of 2015 1,800 2015 and down 9.9 % from $ 1,528,840 last month . September 1,600 and 2014 . 2016 ASP was at a mid range compared to September of 2015
1,600 and 2014 .
1,400
7 11
1,400 1,200
1,200
1,000
1,000
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
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 118 of , up Properties 6.3 % from available 111 last for month sale as and of up 9.3 %
September was 118 , up 6.3 % from 111 last month and up 9.3 %
140 from 108 in September of last year . September 2016 Inventory from was 108 at its in highest September level of compared last year . September with September 2016 Inventory of 2015 and
120 was
2014 at . its highest level compared with September of 2015 and
100
2014 .
80
60
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of
40 higher MSI is better for buyers . The September 2016 MSI of
29.5 months was at a mid level compared with September of
20
29.5 months was at a mid level compared with September of
2015 and 2014 .
2015 and 2014 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
100.0
120
100
80.0
80
60.0
60
40.0
40
20
20.0
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
100.0
80.0
60.0
40.0
20.0
0.0
93
80 7
93 11
80 7 3
66 63 68 73 4 3
7 3 4 3 4 4
4 13
4 7
13 12
7 12
105 114 110 112 114 115
106 93
66 63 68 73
3 4
3
11
105 114 110 112 114 115
106
Number of Properties Sold
4
93 11 8
79 76 75 82
94
5 6
113 112
79 76 75 82
6
94 1 9 5
104 106 108
100
6
85 5
74 73
5
113
112 104 106 108
100
82
8 5 6 6 1 9 5 6 5 5 8 3 4
8 10
85 94
3 4 10
111 106
119
74 73
82 94
3
3 6 5 8
6
116 111 118
3 Mo Avg
5 8 12
12 11 12 4
11
111
106 119 116 111 118
3 Mo Avg
12 4
Copyright © Coldwell Banker Residential Brokerage | Price Range : $ 1,000,000 and Up | 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 .