Montgomery
MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Montgomery
County: Montgomery
January 2016
January 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Price Range: $1,000,000 and Up | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$1,705,000 1%
Median List Price of all Current Listings
5%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$2,091,110
Average List
Price of&
allTrends
Current Listings
3%
$1,705,000
Median
List
Price
of
all
Current
Listings
1%
5%
$1,257,500
$1,257,500
January Median Sales Price
-9%
-3% -14%
-4%
-14%
-4%
$2,091,110
Average
Price Sales
of all Price
Current Listings
3% -2% $1,466,190
$1,466,190 -1%
JanuaryList
Average
-6%
-2%
-7%
-7%
-2%
$1,257,500
January
Median Sales
Pricefor Sale (Inventory)
-4% $1,257,500
-14%
-4%
338 -9%
Total Properties
Currently
-5% -3% -14%
4%
$1,466,190
$1,466,190
January
Average
Sales
Price
-6%
-2%
-7%
-2%
-7%
-2%
38 -43%
38
January Number of Properties Sold
9%
9%
338
Total
Properties
for Sale (Solds)
(Inventory)
-5% -13%
4%
65 -36%
65
January
AverageCurrently
Days on Market
8%
7%
8%
7%
38 -43%
38
January
Number
Properties
Sold on New Listings)
9% 23%
9%
$431
$431
Asking Price
per of
Square
Foot (based
25% 13% 19%
19%
23%
65 -36%
65
January
Days
Market
(Solds)
8%
7%
8%
7%
$344
$344
JanuaryAverage
Sold Price
peron
Square
Foot
10% -13%
5%
-5%
2%
-5%
2%
$431
$431
8.9 25%
8.9
Asking
Price
per Square
(based on New Listings)
23%
19%
23%
January
Month's
SupplyFoot
of Inventory
68% 13%
30% 19%
-4% 27%
-4%
27%
$344 1.6%
$344
97.0%
96.2%
January
Square
10% 1.1%
5%
-5%
2%
-5%
2%
JanuarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.7%
.2%
.1%
-.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |8.9
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
8.9 (flat)-4%
January
Month's Supply of Inventory
68% 30%
-4% 27%
27%
of Properties
97.0% 1.6% 1.1% Number
96.2% Sold.1%
January Sale Price vs List Price Ratio
.7%
.2%
-.6%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 140
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Inventory & MSI
29
54
67
106
125
104
86
53
53
61
74
42
42
63
62
86
99
97
75
78
67
53
68
35
29
67
77
89
117
127
99
73
51
70
67
38
60
20
400
0
The Median Sales Price in January was $1,257,500,
down 14.3% from $1,467,500 in January of 2015
Prices
and down 8.9% from $1,380,000 last month. The
The Median Sales Price in January was $1,257,500,
Average Sales Price in January was $1,466,190,
down 14.3% from $1,467,500 in January of 2015
down 7.4% from $1,583,257 in January of 2015 and
and down 8.9% from $1,380,000 last month. The
down 5.6% from $1,553,870 last month. January
Average Sales Price in January was $1,466,190,
2016 ASP was at the lowest level compared to
down 7.4% from $1,583,257 in January of 2015 and
January of 2015 and 2014.
down 5.6% from $1,553,870 last month. January
2016 ASP was at the lowest level compared to
January of 2015 and 2014.
3 Mo Avg
100
60
80
40
20
Prices
Number of Properties Sold
120
140
100
120
80
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
13
14
15
16
29
54
67
106
125
104
86
53
53
61
74
42
42
63
62
86
99
97
75
78
67
53
68
35
29
67
77
89
117
127
99
73
51
70
67
38
Property Sales
January Property sales were 38, up 8.6% from 35 in
January of Sales
2015 and 43.3% lower than the 67 sales
Property
last month.
January
were
at afrom
mid level
January
Property
sales2016
weresales
38, up
8.6%
35 in
compared
to
January
of
2015
and
2014.
January
January of 2015 and 43.3% lower than the 67 sales
YTD
sales ofJanuary
38 are running
8.6%
ahead
last
last
month.
2016 sales
were
at a of
mid
level
year's year-to-date sales of 35.
compared to January of 2015 and 2014. January
YTD sales of 38 are running 8.6% ahead of last
year's year-to-date sales of 35.
F M A