MA ARCHIVED April 2016 | Page 20

Frederick Community Information

Frederick Community Information

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
$ 1,250,000
0 %
-14%
Average List Price of all Current Listings
$ 1,433,613
-2%
-10%
April Median Sales Price
$ 1,200,000
-24% ####
320 %
$ 280,000
2 %
-2%
April Average Sales Price
$ 1,200,000
-24% ####
291 %
$ 304,989
4 %
-1%
Total Properties Currently for Sale ( Inventory )
30
30 %
43 %
April Number of Properties Sold
1
0 %
2
0 %
April Average Days on Market ( Solds )
293
25 % ####
331 %
83
9 %
22 %
Asking Price per Square Foot ( based on New Listings )
$ 163
-31% -17%
3 %
-51%
$ 197
-57%
-40%
April Sold Price per Square Foot
$ 167
26 %
28 %
$ 132
5 %
2 %
April Month ' s Supply of Inventory
30.0
30 %
13 %
0 %
50 %
26.5
36 %
32 %
April Sale Price vs List Price Ratio
86.0 %
#### ####
-9.4%
94.5 %
0 %
-1%
* 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 )
3 Mo Avg
Property Sales April Property sales were 1 , up from 0 in April of 2015 and the same as the 1 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 2 are running equal to last year ' s year-to-date sales of 2 .
Prices The Median Sales Price in April was $ 1,200,000 , up from $ 0 in April of 2015 and down 24.1 % from $ 1,580,000 last month . The Average Sales Price in April was $ 1,200,000 , up from $ 0 in April of 2015 and down 24.1 % from $ 1,580,000 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0 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 13
14 15
16 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
2,800 2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
3 Mo Avg
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
13
14
15
16
1 0 1 0 3 1 2 2 1 1 2 0 2 2 1 1 0 0 1 0 1 1 0 0 1 0 4 0 1 0 1 2 0 0 1 1
Inventory & MSI The Total Inventory of Properties available for sale as of April was 30 , up 30.4 % from 23 last month and up 42.9 % from 21 in April of last year . April 2016 Inventory was at its highest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 30.0 months was at its highest level compared with April of 2015 and 2014 .
45 40 35 30 25 20 15 10 5 0
45 40 35 30 25 20 15 10 5 0
33
M
13
37 33
40 37 38
40 41
Total Inventory & Month ' s Supply of Inventory ( MSI )
38 37
41 33
37
31 33 31
25 25
25 25 26
27 24
21 24
21
30 30
30 26 30 27 30 28 28
30
24
19 20 22
21 19 30 30 27 29 29 28 27
24 23 22 22 23
J MJ AJ SJ OA NS DO JN FD MJ AF MJA JMA JS JO AN SD OJ
NF DM AJ MF MJ JA AM SJ OJ NA DS JOFNM DA
J
13
14 14
15 15
16
28 28
24
20 22 21 30 30
29 29 28
24 30
23
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 F M A
16
22 22 23
30
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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