MA ARCHIVED December 2017 | Page 12

Market Action Report
December 2017
County: Frederick
FREDERICK
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Frederick
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
$1,400,000 0%
-7%
$1,706,790 Trending
7% versus*:
13%
Month
LM L3M PYM
LY
$1,042,811
$1,400,000
0% -13% 0%
-7% -43%
$1,042,811
$1,706,790
7% -13% -3%
13% -43%
19 -27%
$1,042,811 -13%
0% -43% -10%
-15%
2 100%
$1,042,811 -13%
-3% -43% 100%
-20%
33 -43% -28%
19 -27%
-10% -96%
2 $270
100% 52% -17%
100% 0%
33 $328
-43% -28% 42%
-96% 81%
-82%
$270 52%
-17% -57%
0% -55%
20%
9.5 -63%
$328 93.0% -7.0%
42% -2.4%
81% 50.2%
39%
Average List Price of all Current Listings
Market Profile & Trends Overview
December
Sales
Price Listings
Median
List Median
Price of all
Current
December
Sales
Pric e Listings
Average
List Average
Price of all
Current
Total Properties
December
Median Currently
Sales Price for Sale (Inventory)
December Average
Number
of Properties
Sold
December
Sales
Price
December
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
December
Number
of Properties
Sold on New Listings)
December
Days per
on Square
Market Foot
(Solds)
December Average
Sold Price
Asking
Price Month's
per Square
Foot of
(based
on New Listings)
December
Supply
Inventory
December
per
Foot Ratio
December Sold
Sale Price
Price
vs Square
List Price
-15% $1,100,000
-20% $1,263,238
$1,100,000
$1,263,238
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
5
December Property sales were 2, up 100.0% from 1 in December
4
of 2016 and
100.0% higher than the 1 sales last month.
Property
Sales
5
December
2017
sales
were
at
their
highest
level
compared
to
4
December Property sales were 2, up 100.0% from 1 in December
of 2016 higher
and 2015.
YTD
sales of 11 are 4
of December
2016 and 100.0%
than December
the 1 sales last
month.
3
running 10.0%
ahead
of at
last
year's
year-to-date
sales of to 10.
December
2017 sales
were
their
highest
level compared
4
3
December of 2016 and 2015. December YTD sales of 11 are
3 Mo Avg
3 Mo Avg
0
0
1
1 1 1
Prices
-27%
22%
-8%
-23%
4%
2
2
16 Sales Price and Average
17
Median
Sales Price
15
The Median Sales Price in December was $1,042,811, down
Prices
1,900
42.9%
from Sales
$1,825,000
in December
2016 and down
down 12.7%
The
Median
Price in December
was of
$1,042,811,
1,900 1,800
from from
$1,195,000
last month.
The Average
Price 12.7%
in
42.9%
$1,825,000
in December
of 2016 Sales
and down
December
was $1,042,811,
down
42.9% Sales
from Price
$1,825,000
in 1,800 1,700
from
$1,195,000
last month. The
Average
in
December
of $1,042,811,
2016 and down
1,700 1,600
December
was
down 12.7%
42.9% from
from $1,195,000
$1,825,000 last
in month.
December
was at 12.7%
the lowest
level compared
to
December
of 2017
2016 ASP
and down
from $1,195,000
last month.
1,600 1,500
December
of 2016
and at
2015.
December
2017
ASP was
the lowest level compared to
1,500 1,400
December of 2016 and 2015.
1,400 1,300
1,300 1,200
1,200 1,100
1,100
1,000
1,000
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 M J J A S O N D
15
16
17
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 M J J A S O N D
0
-10%
10% -3%
-82%
136 -27%
20%
11 $274
10% 21%
136 $217
-27% -8% -27%
39%
21% -23% 22%
-62% $274 19.2
-8%
2.9% $217 93.8%
4% -8%
2
2
-10%
11
-3%
-10%
-3%
Number of Properties Sold
3
-10%
-3%
19.2 -23%
-23%
93.0% -7.0% -2.4% 50.2% 2.9%
4% Sold 4%
Number of 93.8%
Properties
December Sale Price vs List Price Ratio
3
Trending versus*:
Prior YTD Prior Year
YTD
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 9.5 -63% -57% -55% -62%
December
Month's
of Inventory
running 10.0% ahead of last year's year-to-date sales of 10.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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 M J J A S O N D
J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
30.0
25.0
20.0 20.0
15.0
25.0
30.0
15.0
10.0
5 5.0 5.0
0 0.0 0.0
10.0
10
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 10
higher MSI
MSI
better
buyers.
December
of 9.5
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 9.5
months
at at
its its
lowest
level
compared
with with
December
of 2016
months was
was
lowest
level
compared
December
of 2016 5
0
and
and 2015.
2015.
20
15
25
15
35.0
35.0
30
35
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 19, down 26.9% from 26 last month and down 35
December was 19, down 26.9% from 26 last month and down
9.5% from
from
December
of last
year.
December
9.5%
21 21
in in
December
of last
year.
December
2017 2017
30
Inventory
was
lowest
level
compared
December
Inventory
was
at at
its its
lowest
level
compared
with with
December
of of 25
2016 and
and
2015.
2016
2015.
20
J F M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A
N D
J N
F M
J F A M A J M
S O
D A J M F J M J A A M S J O J N A D S O N D
15 15
16
17
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
12
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
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.
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.