MA ARCHIVED February 2018 | Page 18

Market Action Report February 2018
Market Action Report February 2018

BALTIMORE County : Baltimore COUNTY

Community Information
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
$ 1,500,000
0 %
-6%
Average List Price of all Current Listings
$ 1,946,914
-1%
-5%
February Median Sales Price
$ 1,178,065
-9%
-8%
-2%
-11%
$ 1,295,130
-6%
-2%
February Average Sales Price
$ 1,292,782
-13% -13%
1 %
-12%
$ 1,415,557
-8%
-4%
Total Properties Currently for Sale ( Inventory )
89
6 %
10 %
February Number of Properties Sold
4 -43%
33 %
11
120 %
February Average Days on Market ( Solds )
20
33 % -77% -72% -75%
17
-85%
-79%
Asking Price per Square Foot ( based on New Listings )
$ 214
1 %
2 %
-7%
-1%
$ 213
-11%
-1%
February Sold Price per Square Foot
$ 160
-7%
-1%
5 %
-24%
$ 166
-33%
-21%
February Month ' s Supply of Inventory
22.3
85 %
46 % -18% -17%
17.1
-47%
-36%
February Sale Price vs List Price Ratio
93.8 % -2.3% 2.9 % 5.9 % 2.3 %
95.2 %
7 %
4 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
February Property sales were 4 , up 33.3 % from 3 in February of
Property
2017 and 42.9 Sales % lower than the 7 sales last month . February
20
February
2018 sales Property were at sales their were highest 4 , up level 33.3 % compared from 3 in to February of of
2017 and and 42.9 2016 % lower . February than the YTD 7 sales last of 11 month are running . February 120.0 %
18
20
18
16
14
Number of Properties Sold
3 Mo Avg
2018 ahead sales of last were year at their ' s year-to-date highest level sales compared of 5 . to February of
2017 and 2016 . February YTD sales of 11 are running 120.0 % ahead of last year ' s year-to-date sales of 5 .
16
14
12
10
8
12
10
8
6
6
4
4
2
2
0
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
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
Prices
15
Prices
The Median Sales Price in February was $ 1,178,065 , down 1.8 %
The from Median $ 1,200,000 Sales Price in February in February of 2017 was $ and 1,178,065 down , down 9.4 % from 1.8 %
2,000 from
$ 1,300,000 $ 1,200,000 last in month February . The of Average 2017 and Sales down Price 9.4 % in from February
2,000
$ was 1,300,000 $ 1,292,782 last month , up 1.2 . The % from Average $ 1,277,500 Sales Price in February in February of 2017
1,800 was and $ 1,292,782 down 13.0 , % up from 1.2 % $ from 1,485,714 $ 1,277,500 last month in February . February of 2017 2018
1,800 and
ASP down was 13.0 at the % from highest $ 1,485,714 level compared last month to . February of 2018 2017 and
1,600
ASP
2016 was . at the highest level compared to February of 2017 and
1,600
2016 .
1,400
Median
16 Sales Price and Average
17 Sales Price
Median Sales Price and Average Sales Price
18
3 Mo Avg
3 Mo Avg
1,400
1,200
1,200
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
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
February was 89 , up 6.0 % from 84 last month and up 9.9 % from
140
81
81 in in February February of of last last year year . February
. February 2018
2018 Inventory
Inventory was was at its at its
120 highest highest level level compared compared with with February February of 2017 of 2017 and and 2016 2016 . .
100
80
60
A
A comparatively lower lower MSI MSI is more is more beneficial for sellers for sellers while while a a
40 higher MSI is is better for for buyers . The . The February 2018 2018 MSI MSI of 22.3 of 22.3 was at its level with February of 2017
20 months was at its lowest level compared with February of 2017
140
120
100
80
60
40
20
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120.0
100.0
80.0
60.0
40.0
20.0
and 2016 . .
0
0
0.0
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDMJ
AFMM J
AJ MA JS JO AN SD OJ
NF MD AJ
MF JM JA AM SJ
OJ
NAD SJ
OF N D J
F
15
15
16
16
17
17
18
18
6 1 9 5 6 5 5 8 3 4 10 3 6 5 8
1,000 1,000
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
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
18 15
16 17
18
82
94 6 1 9
113
112 104 106 108
Agent Name 82 94
Title Phone Website Other
5 6 5 100
5
113
112 104 106 108 85
8 100
3 85
74 71
79 4
91 10 3
106 101
115
74 71
79
Number of Properties Sold
91
6 5 8 12
113 108 114 112
106 101
11 98
12 83
4
115 113 108 114 112
7 98
75 81
8
83 87 4 2 3
106 117 116 113
75 81 87
12 11 12 4 7 8 4 2 3 4 3 8
4
106
3 8 10
112 114 118
106
10 12 18 4
12
10 92
18
117 116 113 112 114 118
84 89
4 106
10 92
1
1 8 7 4
8
84 89
3 Mo Avg
7 4
120.0 100.0
80.0 60.0 40.0 20.0 0.0
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