MA ARCHIVED June 2017 | Page 16

Market Action Report
June 2017
County: Frederick
FREDERICK
Market Action Report
Agent Name
June 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
$1,280,000 -0%
-1%
Trending versus*:
$1,342,070 Trending
-0% versus*:
-11%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,677,500
-6%
-8%
$1,280,000
-0% 53% 49%
-1% 68% 37% $1,125,000
$1,677,500
10%
7%
$1,342,070
-0% 51% 21%
-11% 68% 29% $1,388,333
26 13%
$1,677,500 53%
49% 68% -13%
37% $1,125,000
-6%
-8%
2 -33%
6 100% 7%
$1,677,500 51%
21% 68% 100%
29% $1,388,333
10%
218
22%
17%
26 471
13% 293% 116%
-13% 6629% 152%
-4%
2 $189
-33% -9% -13%
100% -45% -17%
6 $217
100% -8%
471 $194
293% 116%
218 $192
22% 15% 17% -19%
2% 6629%
1% 152% -18%
$189 13.0
-9% 70%
-13% 26%
-45% -57%
-17% -48% $217 12.9
-8% -48% -4% -48%
$194 87.0%
2% -5.6%
1% -5.2% -13.1%
-18% -3.8% $192 91.8%
15% -1% -19%
2%
Average List Price of all Current Listings
Market Profile & Trends Overview
June Median
Sales
Price
Median
List Price
of all
Current Listings
June Average
Sales
Price
Average
List Price
of all
Current Listings
Total Median
Properties
for Sale (Inventory)
June
Sales Currently
Price
June Average
Number
of Properties
Sold
June
Sales
Price
June Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of
per
Square Foot
June
Number
Properties
Sold (based on New Listings)
June
Days per
on Square
Market Foot
(Solds)
June Average
Sold Price
Asking
Price per Supply
Square of
Foot
(based on New Listings)
June Month's
Inventory
June
Foot Ratio
June Sold
Sale Price
Price per
vs Square
List Price
* LM=Last
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 13.0 70% 26% -57% -48%
June
Month's
Supply
of Inventory
87.0% -5.6% -5.2%
June 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
Property Sales
5
June Property sales were 2, up 100.0% from 1 in June of 2016
4
and 33.3% Sales
lower than the 3 sales last month. June 2017 sales
Property
5
were
at
their
highest
level
compared
to
June
of
2016
and
2015.
4
June Property sales were 2, up 100.0% from 1 in June of 2016
4
June
YTD lower
sales than
of 6 the
are 3 running
100.0%
of last sales
year's year-
and
33.3%
sales last
month. ahead
June 2017
3
to-date
sales
of 3. level compared to June of 2016 and 2015.
were
at their
highest
4
3
June YTD sales of 6 are running 100.0% ahead of last year's year-
Prices
1
0
14
1,000
16 and Average Sales Price
17
Median Sales Price
15
The Median Sales Price in June was $1,677,500, up 67.8% from
Prices
1,900
$1,000,000
in June
up 52.5% from
$1,100,000
The
Median Sales
Price of in 2016
June and
was $1,677,500,
up 67.8%
from last
month. The
Sales and
Price
June from
was $1,100,000
$1,677,500, last
up 1,900 1,800
$1,000,000
in Average
June of 2016
up in
52.5%
67.8% The
from Average
$1,000,000
in June
of 2016
up 51.4% up from 1,800 1,700
month.
Sales Price
in June
was and
$1,677,500,
$1,108,333
last month. in June
ASP
was
the highest
67.8%
from $1,000,000
June 2017
of 2016
and
up at
51.4%
from level 1,700 1,600
compared last
to June
of 2016
$1,108,333
month.
June and
2017 2015.
ASP was at the highest level
1,600 1,500
compared to June of 2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100
1,000
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
14
15
16
17
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
0
1
1 1 1
2
2
2
3 Mo Avg
2
3
3 Mo Avg
Number of Properties Sold
3
to-date sales of 3.
12.9 -48%
-48%
-3.8%
-1% Sold 2%
Number of 91.8%
Properties
-13.1%
3 Mo Avg
Median Sales Price and Average Sales Price
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
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M 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
30.0
25.0
10
0.0
0.0 5.0
0 5.0 10.0
5 15.0
10.0 20.0
15.0 20.0
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.
June
2017
of 13.0
higher
is is
better
for for
buyers.
The The
June
2017
MSI MSI
of 13.0
months
at at
its its
lowest
level
compared
with with
June
of 2016
and and 5
months was
was
lowest
level
compared
June
of 2016
0
2015.
2015.
15
15 20 20
25
35.0
35.0
30
Inventory & MSI
The Total Inventory of Properties available for sale as of June
The Total Inventory of Properties available for sale as of June
was 26, up 13.0% from 23 last month and down 13.3% from 30 35
was 26, up 13.0% from 23 last month and down 13.3% from 30
June of of
last
year.
June
2017
Inventory
at lowest
its lowest
in in June
last
year.
June
2017
Inventory
was was
at its
level level 30
compared
with
June
2016
2015.
compared
with
June
of of
2016
and and
2015.
25
J A J S A
O N
J F D M J A F M M J A J M A J S J O A N S D O J N F D
M J A M
J A J M
A S J O J N A D S J O F N M D A J M F J M A M J
S D
O N
F 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
16
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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.