MA ARCHIVED June 2016 | Page 28

Title Phone Community Information Website Other
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
$ 1,499,900
-0%
-3%
Average List Price of all Current Listings
$ 1,916,379
1 %
-1%
June Median Sales Price
$ 1,300,000
3 %
0 %
0 %
-1%
$ 1,300,000
-1%
-1%
June Average Sales Price
$ 1,517,842
6 %
2 %
4 %
1 %
$ 1,511,661
1 %
1 %
Total Properties Currently for Sale ( Inventory )
575
2 %
2 %
June Number of Properties Sold
140
51 %
20 %
473
14 %
June Average Days on Market ( Solds )
59
0 %
2 %
55 %
-3%
63
2 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 354
4 %
6 %
14 %
0 %
$ 337
-3%
-5%
June Sold Price per Square Foot
$ 359
13 %
7 %
2 %
6 %
$ 343
-1%
1 %
June Month ' s Supply of Inventory
4.1
-32% -22% -15% -42%
6.9
-9%
-2%
June Sale Price vs List Price Ratio
95.1 % -1.3% -. 7 % -1.9%
-. 1 %
95.5 %
-1%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Montgomery

Agent Name

Title Phone Community Information Website Other

3 Mo Avg
Property Sales June Property sales were 140 , up 19.7 % from 117 in June of 2015 and 50.5 % higher than the 93 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 473 are running 14.3 % ahead of last year ' s year-to-date sales of 414 .
Prices The Median Sales Price in June was $ 1,300,000 , equal to $ 1,300,000 in June of 2015 and up 3.2 % from $ 1,260,000 last month . The Average Sales Price in June was $ 1,517,842 , up 4.4 % from $ 1,454,038 in June of 2015 and up 6.1 % from $ 1,430,717 last month . June 2016 ASP was at a mid range compared to June of 2015 and 2014 .
140
160 120
140 100
120 80
100 60
80 40
60
20 40 20
0
0
160 Number of Properties Sold
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 49 51 102 93 140
J 13
1,800
1,8001,700 1,7001,600 1,600
1,500 1,500
1,400 1,400
1,300
104
J
86 53 53 61
13
A
S
O N D
J
14
74 42
A S O N D J
42 63 62 86 99 97 75 78 67
14
F M A M J
J
A
S
O N D
J
15
15
F M A M J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
53
3 Mo Avg
3 Mo Avg
1,300
1,200
1,200
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
J
A
13
S O N D
J
F
M14 A M J
J
A
S O N D
J
F
M15 A M J
J
A
S O N D
J
F M A16M J
13
14
15
16
68 35 29 67 77
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
16
F M A M J
89 117 127 99 73 51 70 67 38 49 51 102 93 140
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 575 , up 1.8 % from 565 last month and up 1.6 % from 566 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 4.1 months was at its lowest level compared with June of 2015 and 2014 .
700
600
500
400
300
200
100
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
600
500
400
14.0
12.0
10.0
8.0
300
6.0
200
4.0
100
2.0
0
0.0
J
A JS
OA NS DO
NJ FD
MJ
AF M JA JMA J S JOAN SD
OJ
NF DM
AJ
MF MJ
AJ
MA SJ
OJ
NA DS JO FNM DA
JMF J M A M J
13
13
14
14
15
15
16
16
393
363
393 435
363 434
435
345
434
270
345
277
270 309
381
277
455
309
533
381
542 455 487
533
466
542
541 487 531 466
419
541
343
531
328
419
428
348 343
526
328
564
348
566
428
538 526
564
494
566
543
538
527
494
445
543
350
527
341
445 468
366
350
579
565
341
575
366
468
579
565
575
14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
28 | c o l d w e l l b a n k e r h o m e s . c o m