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