APRIL2019 Baltimore Metro

[Pages:2]APRIL2019

National Home Values

Current:

$226,800

Monthly Change: -0.1%

Quarterly Change: 0.4%

Annual Change: 6.1%

Negative Equity*: 8.2%

Baltimore Home Values

Current:

$267,800

Monthly Change: -0.3%

Quarterly Change: 0%

Annual Change: 1.9%

Negative Equity*: 12.4%

Home Values Forecast

(next 12 months)

National:

2.8%

Baltimore Metro: 0.1%

Major Cities - Home Values

Baltimore Current: Monthly Change: Annual Change:

$114,800 -2.3% -0.1%

Columbia Current: Monthly Change: Annual Change:

$350,100 0.3% 1.6%

Annapolis Current: Monthly Change: Annual Change:

$427,400 -0.1% 2.5%

Glen Burnie Current: Monthly Change: Annual Change:

$252,100 -0.4% 2.8%

Ellicott City Current: Monthly Change: Annual Change:

$535,500 0.2% 3%

Baltimore Metro

-5.1%

Esri, HERE, DeLorme, MapmyIndia, ? OpenStreetMap contributors, and the GIS user community

City ZHVI Year-over-Year

-5.0% - -1.9% -1.8% - -0.7% -0.6% - -0.1% 0.3% - 1.2% 1.3% - 2.3% 2.4% - 3.5% 3.6% - 5.4% 5.5% - 7.7%

Home Values (ZHVI) Increasing Values: Decreasing Values: Fall From Peak: Peak ZHVI Date: Peak ZHVI:

58.8% 30.6% -10.3% 2007-01 $298,500

Rent Zillow Rent Index:

Monthly Change: Annual Change: Rent List Price: Rent List/Sq. Ft.:

$1,754 0.1% 1% $1,600 $1.3

Sales Median Sale Price:

Monthly Change: Annual Change: Sale Price/Sq. Ft.: Sale-to-list Price Ratio: Sold for a Loss/Gain:

$? ?% ?% $? ? ?%/?%

Listings Median List Price:

Monthly Change: Annual Change: List Price/Sq. Ft.: Listings with Price Cut: Amount of Price Cut:

$312,000 4% 4% $189 18.8% 2.9%

Foreclosures Homes Foreclosed:

Monthly Change: Annual Change: Foreclosure Resales: Monthly Change: Annual Change:

?/10, 000 ? ? ?% ?pp ?pp

How do we track home values? To track home values, we use the Zillow Home Value Index (ZHVI). The ZHVI is the mid-point of estimated home values for the area. Half the estimated home values are above this number and half are below.

* Negative equity data is from 2018Q2.

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APRIL2019

Largest Cities Covered by Zillow

Home Values- ZHVI ($) ZHVI MoM (%) ZHVI QoQ (%) ZHVI YoY (%) ZHVI Peak ($) Peak Month Change from Peak (%) Rents- ZRI ($) ZRI MoM (%) ZRI QoQ (%) ZRI YoY (%) Forecast YoY (%) Negative Equity (%)

Annapolis Baltimore Bel Air Catonsville Columbia Dundalk Ellicott City Essex Glen Burnie Halethorpe Lutherville Timonium Middle River Nottingham Owings Mills Pasadena Reisterstown Sykesville Towson Westminster Windsor Mill

427,400 -0.1 0.7 2.5 114,800 -2.3 -4.3 -0.1 318,700 -0.3 0 4 301,000 -0.5 0.5 3.2 350,100 0.3 1.5 1.6 133,100 -2 -2.8 -0.2 535,500 0.2 1.4 3 182,300 -1.7 -3.1 -0.1 252,100 -0.4 0.2 2.8 213,500 -0.6 -1 3.2 378,700 -0.4 -0.1 0.8 208,400 -0.8 -0.8 4 239,500 -0.1 0.2 0.3 262,400 -0.3 -0.4 0.6 312,200 -0.5 -0.1 3 265,200 -0.5 -0.9 3.7 383,300 -0.3 -1 2.6 347,200 -1.1 -1.3 0.5 289,400 -0.7 -1.5 2.2 212,300 -0.8 -1.3 5

2,152 0.2 0.2 2.2 1.2 9.5

1,286 0.1 0.2 0.2

26.5

1,862 -0.1 0.6 6.3 1.2 5.7

1,816 0.1 0.1 3.2 1.1 5.5

2,199 0 -0.1 2.5 0.8 9.9

1,484 -0.3 -0.1 3.3 -3.3 20.3

2,682 0.4 1.4 4.4 1.6 5.3

1,605 -0.1 -0.1 0.8 -3.5 15.3

1,780 0.1 0.2 2.4 0.4 11.6

1,650 0.1 0.4 3.2 0.1 14.4

2,067 -0.2 -1 -3.1 -0.6 4.6

1,657 0.1 0.1 1 -0.2 16.6

1,731 0 0.5 1.9 -0.2 7.0

1,803 0.1 0.2 1.9 -0.4 11.4

1,912 0.3 0.2 1.4 0.4 9.1

1,801 0.1 0.2 1.9 0.3 10.9

2,015 -0.3 -0.8 3.3 -0.2 4.8

1,986 -0.6 -1.6 -1.5 -1.5 8.1

1,710 -0.6 -1.1 -0.6 -0.4 7.3

1,686 -0.2 -0.5 1.2 0.4 17.6

Largest Counties Covered by Zillow

Home Values- ZHVI ($) ZHVI MoM (%) ZHVI QoQ (%) ZHVI YoY (%) ZHVI Peak ($) Peak Month Change from Peak (%) Rents- ZRI ($) ZRI MoM (%) ZRI QoQ (%) ZRI YoY (%) Forecast YoY (%) Negative Equity (%)

Anne Arundel County Baltimore City Baltimore County Carroll County Harford County Howard County Queen Annes County

344,300 -0.1 0.6 2.5 114,400 -2.5 -4.4 -0.1 242,500 -0.7 -0.7 1.6 321,300 -0.2 -0.7 1.8 279,000 -0.3 0.1 3.2 449,300 0.2 1.2 2.9 333,900 -0.1 0.1 5

1,999 0.2 -0.1 0.6 0.9

1,283 0.1 0.2 0.3

27.2

1,731 -0.1 -0.1 1.4 -0.5

1,789 -0.1 -0.1 1.8 -0.1

1,706 0.1 0.7 3.3 0.7

2,415 -0.2 -0.5 0.9 1.1

1,908 -0.3 -1.3 5.1 1.8

*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be

available online at research/data by emailing press@

Zillow Research:

Zillow R is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the place they call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics and analytics bureau led by Zillow's Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housing data and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price Expectations Survey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow Home Value Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence in local housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), and headquartered in Seattle.

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