MA ARCHIVED July 2017 | Page 12

Market Action Report
July 2017
County: Frederick
FREDERICK
Market Action Report
Agent Name
July 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
Trending versus*:
Prior YTD Prior Year
YTD
$1,275,000 -0%
-2%
Trending versus*:
$1,370,890 Trending
2% versus*:
-9%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,285,000
5% $1,150,000
-6%
-6%
$1,275,000
-0% -23% 14%
-2% 3%
$1,285,000
9%
6%
$1,370,890
2% -23% -3%
-9% 3% -1% $1,373,571
29 12%
$1,285,000 -23%
14% 3% -6%
5% $1,150,000
-6%
-6%
1 -50%
7
75% 6%
$1,285,000 -23%
-3% 3% 0%
-1% $1,373,571
9%
4 -99% -98%
187
30%
0%
29 12%
-6% -90% -98%
-4%
1 $210
-50% 12% -7%
0% 0% -7%
7 $217
75% -8%
4 $264
-99% 36%
-98% 26%
-90% 54%
-98% 12%
187 $210
30% 24% 0%
-11%
$210 29.0
12% 123%
-7% 75%
0% -6%
-7% 17% $217 16.9
-8% -36% -4% -32%
$264
36% 14.9%
26% 9.0%
54% 3.6%
12% 10.6% $210 93.0%
24% -1% -11%
100.0%
3%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median
Sales
Price
Median
List Price
of all
Current Listings
July Average
Sales
Price
Average
List Price
of all
Current Listings
Total
Properties
Currently for Sale (Inventory)
July
Median
Sales Price
July Average
Number
of Properties
Sold
July
Sales
Price
July Prop erties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
July
Days per
on Square
Market Foot
(Solds)
July Average
Sold Price
Asking
Price per Supply
Square of Foot
(based on New Listings)
July Month's
Inventory
July
Foot Ratio
July Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 29.0 123% 75%
July
Month's
Supply 3 Months
of Inventory
-6% 17%
16.9 -36%
-32%
100.0% 14.9% 9.0% 3.6% 10.6%
-1% Sold 3%
Number of 93.0%
Properties
July Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3
2
Prices
2
0
14
1,000
16
Median Sales Price
and Average Sales 17
Price
15
The Median Sales Price in July was $1,285,000, up 2.8% from
Prices
1,900
$1,250,000
in July
of in
2016
23.4% up
from
$1,677,500
The
Median Sales
Price
July and
was down
$1,285,000,
2.8%
from
1,900 1,800
last month. in The
Price 23.4%
in July
was $1,677,500
$1,285,000, up
$1,250,000
July Average
of 2016 Sales
and down
from
2.8%
from The
$1,250,000
in July
of 2016
and
down
23.4% from
last
month.
Average Sales
Price
in July
was
$1,285,000,
up 1,800 1,700
$1,677,500
last month.
July of 2017
at 23.4%
the highest
2.8%
from $1,250,000
in July
2016 ASP
and was
down
from level 1,700 1,600
compared last
to July
of 2016
$1,677,500
month.
July and
2017 2015.
ASP was at the highest level
1,600 1,500
compared to July of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100
1,000
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 M J J
14
15
16
17
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 M J J
0
1
1 1 1
2
2
2
3
3
3 Mo Avg
4
3
3 Mo Avg
Number of Properties Sold
4
of 7 are running 75.0% ahead of last year's year-to-date sales of
4.
5
July Property sales were 1, equal to 1 in July of 2016 and 50.0%
lower than Sales
the 2 sales last month. July 2017 sales were at their
Property
5
lowest
level compared
to equal
July of
and of 2015.
July 50.0%
YTD sales
July
Property
sales were 1,
to 2016
1 in July
2016 and
4
of
7
are
running
75.0%
ahead
of
last
year's
year-to-date
sales
of
lower than the 2 sales last month. July 2017 sales were at their
4.
lowest
level compared to July of 2016 and 2015. July YTD sales 4
Property Sales
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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 M J J
A S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
35
25.0
30.0
25.0
0.0
10
0.0 5.0
0 5.0 10.0
5 15.0
10.0 20.0
15.0 20.0
30.0
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.
2017
of 29.0
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 29.0
5
months
at at
a mid
level
compared
with
July July
of 2016
and and
2015. 2015.
months was
was
a mid
level
compared
with
of 2016
0
15
15 20 20
25
35.0
35.0
30
Inventory & MSI
The Total Inventory of Properties available for sale as of July
The Total Inventory of Properties available for sale as of July
was 29, up 11.5% from 26 last month and down 6.5% from 31 in
was 29, up 11.5% from 26 last month and down 6.5% from 31 in 35
July of of last
last
year. July
July
2017
Inventory
a mid
July
year.
2017
Inventory
was was
at a at
mid
level level
30
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
25
A S A O N
D N
J F D M J A F M
A S J O J N A D S J O F N M D A J M F J M J A M J J
S O
M J A J M A J S J O A N S D O J N F D M J A M
F M J A J M
14 14
15
16
17
15
16
17
Copyright | © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
12
coldwellbankerluxury.com
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.