MA ARCHIVED February 2016 | Page 8

Baltimore City MARKET ACTION REPORT MARKET ACTION County: Baltimore CityREPORT County: Baltimore City February 2016 February 2016 Agent Name Title Agent Phone Name Title Website Other Phone Website Trending versus*: Other Community Information Price Range: All | Properties: SFH - Condo Price Range: All | Properties: SFH - Condo Market Profile & Trends Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $175 ,000 0% Median List Price of all Current Listings 17% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $294,946 Average List Price of& allTrends Current Listings 4% L3M PYM 35% $175,000 Median List Price of all Current Listings 0% 17% $150,150 $162,900 February Median Sales Price -12% -7% 11% -9% 22% -1% $294,946 Average List Price of all Current 4% $216,722 12% $206,671 February Average Sales Price Listings 5% 35% 19% -1% 9% -5% $150,150 $162,900 February Median Currently Sales Price 11% -9% 22% -1% 842 -12% Total Properties for Sale (Inventory) -6% -7% -12% $216,722 $206,671 February Average Sales Price 12% 5% 19% -1% 9% -5% 169 34% 295 February Number of Properties Sold 25% 21% 842 Total Properties Currently Sale (Inventory) 86 -6% 84 February Average Days onfor Market (Solds) 8% 8% -12% 4% 16% 9% 14% 169 34% 295 February Number of Properties Sold on New Listings) 21% $182 $187 Asking Price per Square Foot (based -6% -17% 25% 3% 3% 12% 6% 86 -6% 84 February Days Market (Solds) 8% 8% 4% 9% 14% $151 $155 FebruaryAverage Sold Price peron Square Foot 4% 9% 16% 7% 12% 10% $182 $187 5.0 -30% 6.1 Asking Price per Square Foot (based on New Listings) -6% -17% 3% -12% 3% 12% 6% February Month's Supply of Inventory -12% -30% -25% 6% $151 -.8% $155 98.2% 97.1% February Square -6% 1.5% 4% 1.3% 9% 1.5% 7% 12% 10% FebruarySold SalePrice Priceper vs List PriceFoot Ratio .7% .4% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |5.0 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 6.1 (flat)-25% February Month's Supply of Inventory -30% -12% -30% -12% 6% of Properties 98.2% -.8% 1.5% Number 97.1% Sold.7% February Sale Price vs List Price Ratio 1.3% 1.5% .4% 3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 300 / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 0 Prices The Median Sales Price in February was $150,150, up 11.2% from $135,000 in February of 2015 and Prices down 11.9% from $170,375 last month. The The Median Sales Price in February was $150,150, Average Sales Price in February was $216,722, up up 11.2% from $135,000 in February of 2015 and 19.5% from $181,395 in February of 2015 and up down 11.9% from $170,375 last month. The 12.2% from $193,190 last month. February 2016 Average Sales Price in February was $216,722, up ASP was at a mid range compared to February of 19.5% from $181,395 in February of 2015 and up 2015 and 2014. 12.2% from $193,190 last month. February 2016 ASP was at a mid range compared to February of 2015 and 2014. Inventory & MSI Number of Properties Sold 3 Mo Avg 136 172 187 237 207 194 137 127 144 166 128 97 150 160 168 251 196 197 177 181 159 204 109 135 196 201 222 276 228 226 174 187 151 196 126 169 250 300 200 250 150 200 100 150 50 100 0 50 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 13 14 15 16 136 172 187 237 207 194 137 127 144 166 128 97 150 160 168 251 196 197 177 181 159 204 109 135 196 201 222 276 228 226 174 187 151 196 126 169 Property Sales February Property sales were 169, up 25.2% from 135 in February Property Salesof 2015 and 34.1% higher than the 126 salesProperty last month. February 2016 sales were February sales were 169, up 25.2% fromat their highest level compared to February of 2015 135 in February of 2015 and 34.1% higher than the andsales 2014. February sales 2016 of 295sales are running 126 last month. YTD February were at 20.9% ahead of last year's year-to-date sales of 244. their highest level compared to February of 2015 and 2014. February YTD sales of 295 are running 20.9% ahead of last year's year-to-date sales of 244. M A M J JMedian A S O N Sales D J F Price M A M and J J A S O N D Sales J F M Price A M J J A S O N D J F Average 14 15 16 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) (000's) 13 300 280 Median Sales Price and Average Sales Price 260 (000's) 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) 300 240 280 220 260 200 240 180 220 160 200 140 180 120 160 100 140 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 14 15 16 120 13 100 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 Total Inventory & Month's Supply of Inventory (MSI) 16 13 14 15 MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 951 951 991 991 1,006 1,006 973 973 982 982 956 956 1,004 1,004 1,002 1,002 982 982 926 926 903 903 900 900 938 938 1,036 1,036 1,061 1,061 1,078 1,078 1,069 1,069 1,083 1,083 1,114 1,114 1,090 1,090 994 994 969 969 986 986 957 957 975 975 1,036 1,036 1,075 1,075 1,066 1,066 1,088 1,088 1,051 1,051 1,067 1,067 1,083 1,083 1,068 1,068 957 957 897 897 842 842 1,200 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 842, down 6.1% from 897 last month and 1,000 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace down 12.0% from 957 in February of last year. February 1,200 The Total Inventory available for sale as of 2016 Inventory wasof atProperties its lowest level compared with 800 February 842,and down 6.1% from 897 last month and Februarywas of 2015 2014. 1,000 down 12.0% from 957 in February of last year. February 600 2016 Inventory was at its lowest level compared with 800 400 February of 2015 and 2014. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 600 200 2016 MSI of 5.0 months was at its lowest level compared 400 Awith comparatively more beneficial for sellers February oflower 2015MSI and is 2014. 0 while a higher MSI is better for buyers. The February 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 200 2016 MSI of 5.0 months was at its lowest level compared 13 14 15 16 with February of 2015 and| Price 2014.Range: All | Property Types: SFH - Condo Copyright © Co ldwell Banker 0 Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association Banker M A ofMRealtors J J MLS A SandOSussex N DCounty J F ofMRealtors A M MLS J JandAmaySnotOreflect N Dall Jrelevant F MrealAestate M Jactivity. J A Coldwell S O N D J F does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller 13to verify any and all information relevant 14 to such consumer’s real estate transaction. 15 16 Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Condo of Metropolitan Services 8Data is|provided c ocourtesy ldw e l l b aRegional n k eInformation rhom e s .Incorporated, c o m The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker 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. 10 9 8 710 69 58 47 36 25 14 03 2 1 0