MA ARCHIVED January 2016 | Page 21

Frederick MARKET ACTION REPORT January 2016 Agent Name County: Frederick Title Phone Website Other Community Information Price Range: $1,000,000 and Up | Properties: SFH - Condo Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for January was 0, down 100.0% from 153 days last month and up from 0 days in January of last year. The January 2016 DOM was at a mid level compared with January of 2015 and 2014. 450 400 350 300 250 200 150 100 50 0 Average Days on Market (Listing to Contract) for properties sold during the month 3 Mo Avg 184 F M A M J J A S O N D J F M A M J J A S O N