Market Action Report
County: Montgomery
Market Action Report
County: Montgomery
May 2016
Montgomery
Agent Name
Title
Phone
Agent Name
Website
TitleOther
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,495,000
-0%
-4%
May 2016
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Condo - Twn
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Condo
- Twn
Median
List Price
all Current
Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,031,944 Trending
-3% versus*:
-6%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,384,000 0% 0% -1% -1% $1,400,000
0%
0%
$1,495,000 -0%
-4%
$1,822,923 15% 10% 23% 9% $1,795,345
13%
8%
$2,031,944 -3%
-6%
$1,384,000 227
0% 6%
0% -1% 15%
-1% $1,400,000
0%
0%
13 30%
47 -22%8%
$1,822,923 15%
10% 23% -7%
9% $1,795,345
13%
May Properties
Average Days
on Market
(Solds)
110
4%
15%
Total
Currently
for Sale
(Inventory)
227 135
6% 57% 29%
15% 71% 41%
Asking
Priceofper
Square Foot
$279
-8%
May
Number
Properties
Sold (based on New Listings)
13
30% 4% 0%
-7% -6% -7%
47 $276
-22% -13%
MayAverage
Sold Price
$246
May
Daysper
onSquare
MarketFoot
(Solds)
135
57% -2%
29% -2%
71% -2%
41% -7%
110 $2564% -2% 15% -3%
May Month's
Inventory
Asking
Price perSupply
SquareofFoot
(based on New Listings)
$279 17.5
4% -19%
0% -19%
-6% 23%
-7% -4% $276 22.3
-13% 38% -8% 22%
MaySold
SalePrice
Priceper
vs Square
List Price
Ratio
May
Foot
$24686.6%
-2%-5.1%
-2% -4.1%
-2% -6.9%
-7% -4.8% $256 88.9%
-2% -2% -3% -2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
May
Month's Supply of Inventory
17.5 -19% -19% 23% -4%
22.3
38%
22%
May Sale Price vs List Price Ratio
86.6% -5.1% -4.1% -6.9% Number
-4.8%
-2%Sold -2%
of 88.9%
Properties
Average List Price of all Current Listings
Market Profile & Trends Overview
May Median Sales Price
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May Median Sales Price
MayAverage
Number
of Properties
Sold
May
Sales
Price
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
25
May Property sales were 13, down 7.1% from 14 in May of 2015
and 30.0% higher than the 10 sales last month. May 2016 sales
Property Sales
were at their lowest level compared to May