MA ARCHIVED June 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
$ 1,272,500
2 %
-15%
Average List Price of all Current Listings
$ 1,462,534
-0%
-9%
June Median Sales Price
$ 1,000,000
-17%
-11%
$ 1,200,000
-9%
7 %
June Average Sales Price
$ 1,000,000
-21%
-24%
$ 1,260,000
-10%
-5%
Total Properties Currently for Sale ( Inventory )
34
10 %
13 %
June Number of Properties Sold
1
3
0 %
June Average Days on Market ( Solds )
7
-96%
-91%
178
1680 %
128 %
Asking Price per Square Foot ( based on New Listings )
$ 318
43 %
34 % -58%
-4%
$ 229
-41%
-31%
June Sold Price per Square Foot
$ 127
-24%
-43%
$ 167
0 %
-25%
June Month ' s Supply of Inventory
34.0
0 %
8 %
0 %
70 %
28.3
23 %
41 %
June Sale Price vs List Price Ratio
100.1 %
7.5 %
5.5 %
93.1 %
-1%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales June Property sales were 1 , up from 0 in June of 2015 and higher than the 0 sales last month . June 2016 sales were at a mid level compared to June of 2015 and 2014 . June YTD sales of 3 are running equal to last year ' s year-to-date sales of 3 .
Prices The Median Sales Price in June was $ 1,000,000 , up from $ 0 in June of 2015 and up from $ 0 last month . The Average Sales Price in June was $ 1,000,000 , up from $ 0 in June of 2015 and up from $ 0 last month . June 2016 ASP was at the lowest level compared to June of 2015 and 2014 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0 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 M J 13
14 15
16
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
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 M J
13
14
15
16
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 0 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 34 , up 9.7 % from 31 last month and up 13.3 % from 30 in June of last year . June 2016 Inventory was at its highest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 34.0 months was at its highest level compared with June of 2015 and 2014 .
45 40 35 30 25 20 15 10 5 0
45 40 35 30 25 20 15 10 5 0
40
J 13
38 40
41 38 37
41 33
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
28 19 20 22
21 19 20
30
30 27 29 29
28 27
24 23 22 22 22
A JS AO NS DO NJ FD MJ
AF M JA JMA J S JOAN SD OJ NF DM JA MF MJ AJ MA SJ OJ NA DS JO FNM DA JM J
13 14 14
15 15
16 16
28
24
22
21 30 30
29 29 28
24 23
29 22
31
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 F M A M J
34
22
22 29 31
34
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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