Baltimore County Community Information
Baltimore County Community Information
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 177 , up 43.9 % from 123 days last month and up 37.2 % from 129 days in September of last year . The September 2016 DOM was at a mid level compared with September of 2015 and 2014 . |
350 300 250 200 150 100 |
Days On Market for Sold Properties
129
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3 Mo Avg
177
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50 |
36 |
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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 $ 214 was up 13.6 % from $ 189 last month and up 24.9 % from 172 in September of last year .
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400 350 300 250 200 150
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S |
13 |
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14 |
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15 |
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16 |
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Selling Price per Square Foot |
3 Mo Avg |
229
172
214
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 85.2 % was down from 92.4 % last month and down from 92.5 % in September of last year .
Inventory / New Listings / Sales 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 31 , up 287.5 % from 8 last month and up 47.6 % from 21 in September of last year .
100
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
140 120 100 80 60 40
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F M A M J |
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A S O N D |
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F M A M J |
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13 |
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14 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio
92.1 % 92.5 %
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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13 |
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15 |
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16 |
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Inventory / New Listings / Sales |
93
80
66 63 68 73
105
Avg Selling Price divided by Avg Listing Price for sold properties during the month
114 110 112 114 115
106
93
79 76 75
82
94 113 112 104 106 108
100
85
74 73
82
94 111 106
3 Mo Avg
119 116 111
85.2 %
118
20 0
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N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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13 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 11