MA ARCHIVED February 2018 | Page 10

COUNTY
February 2018
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
Trending versus*:
LM L3M PYM
LY
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 22.3 85% 46% -18% -17%
February
Month's
Inventory
February Sale Price vs List Price Ratio
300
250
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 J F
15
16
17
18
11
8
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 J F
15
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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 ar e 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 February 2018 Selling Price vs Original
List Price of 93.8% was down from 96.0% last month and up
from 88.6% in February of last year.
100%
95%
75%
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 J F
15
16
17
18
100.0 100.0 40
80.0 80.0 20
60.0 60.0 0
40 40.0 40.0 20 20.0 20.0 0 0.0 0.0
M A M A J M
J 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 J S J O A N S D O J N
F M
D A J M F J M J A A M S J O J N A D S J O F N D J F
15 15
16
17
18
16
17
18
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.
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.
February
2018
of 22.3
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 22.3
months
at at
its its
lowest
level
compared
with with
February
of 2017
months was
was
lowest
level
compared
February
of 2017 20
0
and
and 2016.
2016.
120.0
120.0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
This last view of the market combines monthly inventory of
140
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
120
relationship between these items. The number of New Listings
in February 2018 was 14, up 40.0% from 10 last month and down 100
30.0% from 20 in February of last year.
80
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 J F
18
M A 15
M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F
15
16
17
18
60
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,000
1,200
1,200
1,400
80
88.6%
90%
80%
1,400
The Total Inventory of Properties available for sale as of
February was 89, up 6.0% from 84 last month and up 9.9% from 140
February was 89, up 6.0% from 84 last month and up 9.9% from 140
February
last
year.
February
2018
Inventory
81 81 in in February
of of
last
year.
February
2018
Inventory
was was
at its at its 120 120
highest level
level
compared
with
February
of 2017
2016.
highest
compared
with
February
of 2017
and and
2016.
100 100
93.8%
92.7%
85%
1,600
1,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
0
The Median Sales Price in February was $1,178,065, down 1.8%
Prices
from
$1,200,000
in February
of 2017
and down down
9.4% from
The
Median
Sales Price
in February
was $1,178,065,
1.8%
2,000
$1,300,000
last in
month.
The
Sales
Price
February
from
$1,200,000
February
of Average
2017 and
down
9.4% in from
2,000
was
$1,292,782,
up
1.2%
from
$1,277,500
in
February
of
2017
$1,300,000 last month. The Average Sales Price in February
1,800
and $1,292,782,
down 13.0%
last month.
February
2018
was
up from
1.2% $1,485,714
from $1,277,500
in February
of 2017
1,800
ASP
was 13.0%
at the from
highest
level compared
to February
2017 and
and
down
$1,485,714
last month.
February of
2018
1,600
2016.
ASP
was at the highest level compared to February of 2017 and
60
160
153
100
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 J F
15
16
17
18
Median
Sales Price and Average
Sales Price
80
169
150
2
2
Prices
350
4
4
3 Mo Avg
400
200
6
6
2016.
3 Mo Avg
8
8
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 February 2018 Selling Price per Square Foot of $160 was
down 7.2% from $172 last month and up 4.6% from 153 in
February of last year.
10
10
0
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 J F
15
16
17
18
12
12
20
0
14
14
43
20
16
2017 and 2016. February YTD sales of 11 are running 120.0%
ahead of last year's year-to-date sales of 5.
18
71
80
40
3 Mo Avg
Number of Properties Sold
February Property sales were 4, up 33.3% from 3 in February of
2017 and 42.9%
Property
Sales lower than the 7 sales last month. February 20
2018 sales
were at
their
highest
compared
February
February
Property
sales
were
4, up level
33.3%
from 3 in to
February
of of
2017 and
and
2016. lower
February
YTD
sales last
of 11
are running
120.0% 18
2017
42.9%
than the
7 sales
month.
February
16
ahead
of last
year-to-date
sales
of 5. to February of
2018
sales
were year's
at their
highest level
compared
20
100
60
-79%
-1%
-21%
-36%
4%
17.1 -47%
-36%
93.8% -2.3% 2.9% 5.9% 2.3%
7% Sold 4%
Number of 95.2%
Properties
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property Sal es
-85%
-11%
-79%
-33%
-47% -1%
7% -21%
120
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
-75%
17
-1%
11 $213
120%
17 $166
-85%
-24%
-11%
-17% $213 17.1
-33%
2.3% $166 95.2%
-2%
120% -4%
140
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
-6%
11
-8%
-2%
-4%
160
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
$1,295,130
$1,415,557
-6%
-8%
180
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
-11% $1,295,130
-12% $1,415,557
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 February was 20, up 33.3% from
15 days last month and down 71.8% from 71 days in February of
last year. The February 2018 DOM was at its lowest level
compared with February of 2017 and 2016.
3 Mo Avg
200
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
Market Time
February Average
Number
of Properties
Sold
February
Sales
Price
YTD
YTD
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
Title
Phone
Website
Other
February
Price Listings
Average
List Average
Price of Sales
all Current
Agent Name
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
BALTIMORE COUNTY
County: Baltimore
Price Range: $1,000,000 and Up | Properties: SFH - Con
$1,500,000 0%
-6%
$1,946,914 Trending
-1% versus*:
-5%
Month
LM L3M PYM
LY
$1,178,065
$1,500,000
0% -9% -8%
-6% -2%
$1,292,782
$1,946,914
-1% -13% -13%
-5% 1%
89 6%
$1,178,065 -9%
-8% -2% 10%
-11%
4 -43%
$1,292,782 -13%
-13% 1% 33%
-12%
20 33% -77%
89 6%
10% -72%
4 $214
-43% 1% 2%
33% -7%
20 $160
33% -7%
-77% -1%
-72% -75%
5%
$214 22.3
1% 85%
2% 46%
-7% -18%
-1%
$160 93.8%
-7% -2.3%
-1% 2.9%
5% 5.9%
-24%
Average List Price of all Current Listings
February 2018
Market Profile & Trends Overview
Listings
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
Market Action Report
Community Information
Market Action Report
Agent Name
County: Baltimore
BALTIMORE
February 2018
Market Action Report
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 J F
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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
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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