MA ARCHIVED March 2017 | Page 14

Market Action Report
March 2017
County: Frederick
FREDERICK
Market Action Report
Agent Name
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
$1,295,000 0%
2%
Trending versus*:
$1,358,880 Trending
-3% versus*:
-8%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,650,000
-5%
4%
35%
$1,295,000
0%
2% 4% 35% $1,650,000
$1,650,000
-5%
4%
27%
$1,358,880
-3%
-8% 4% 27% $1,650,000
$1,650,000 19 36%
-5% 4% -5%
35% $1,650,000
4%
35%
1 -5% 4% 0%
1
0% 27%
$1,650,000
27% $1,650,000
4%
8
-98%
8 -97%
-96%
19 36%
-5% -97% -96%
3%
-9%
1 $205 -6% -1%
0% -4% -10%
1 $208
0%
8 $0 -98% -100%
-97% -96% -100%
8 -97%
$0
0% -96% -100%
$205 19.0
-6% 0%
-1% 0%
-4% -5%
-10% -24% $208 19.0
3%
-5% -9% -24%
$0
-100% 10.6%
$0 100.0%
0%
100.0% -100% 23.6% 7.3%
7% -100% 11%
Average List Price of all Current Listings
Market Profile & Trends Overview
March List
Median
Median
Price Sales
of all Price
Current Listings
March Average
Average
List Price Sales
of all Price
Current Listings
Total Median
Properties
Currently
for Sale (Inventory)
March
Sales
Price
March Average
Number
of Properties
Sold
March
Sales
Price
March
Average Currently
Days on Market
Total
Properties
for Sale (Solds)
(Inventory)
Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
March
Days per
on Square
Market Foot
(Solds)
March Average
Sold Price
Asking
per Square
(based on New Listings)
March Price
Month's
Supply Foot
of Inventory
March
Foot Ratio
March Sold
Sale Price
Price per
vs Square
List Price
* LM=Last Month's
Month / L3M=Last
3 Months
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 19.0
March
Supply
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
3 Mo Avg
3 Mo Avg
3
2
0
0
1
1 1
2
1
Prices
-24%
3
2
16 Average Sales Price
Sales Price and
15 Median
14
The Median Sales Price in March was $1,650,000, up 4.4% from
Prices
1,900
$1,580,000
in March
of March
2016 and
up from $0 up
last 4.4%
month.
The
Median Sales
Price in
was $1,650,000,
from The
Average Sales
Price of
in 2016
March
was
4.4% The
from 1,900 1,800
$1,580,000
in March
and
up $1,650,000,
from $0 last up
month.
1,800 1,700
$1,580,000
March
of 2016
up from up
$0 4.4%
last month.
Average
Sales in
Price
in March
was and
$1,650,000,
from
March 2017
was
the and
highest
level $0
compared
to March of 1,700 1,600
$1,580,000
in ASP
March
of at
2016
up from
last month.
2016 and
March
2017 2015.
ASP was at the highest level compared to March of
1,600 1,500
2016 and 2015.
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
1,100
1,000
1,000
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 F M
14
15
16
17
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 F M
0
-5%
4
2
19.0
Number of Properties Sold
3
-5% -24%
4
3
0%
23.6% 7.3% 10.6%
100.0%
7% Sold 11%
Number of
Properties
5
March Property sales were 1, equal to 1 in March of 2016 and
higher than
the 0 sales last month. March 2017 sales were at
Property
Sales
5
their highest
to March
of 2016 of and
2015.
March
Property level
sales compared
were 1, equal
to 1 in March
2016
and March
4
YTD
sales
of
1
are
running
equal
to
last
year's
year-to-date
sales
higher than the 0 sales last month. March 2017 sales were at
of 1. highest level compared to March of 2016 and 2015. March 4
their
Property Sales
0%
100.0%
March Sale Price vs List Price Ratio
YTD sales of 1 are running equal to last year's year-to-date sales
of 1.
March 2017
Title
Phone
Agent
Name
Website
Title
Other
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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 F M
17
A M 14
J J A S O N D J F M 15 A M J J A S O N D J F M 16
A M J J A S O N D J F M
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
20.0 20.0
15.0
25.0
25.0
15.0
10.0 10.0
5 5.0 5.0
0 0.0 0.0
10
30.0
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.
March
2017
of 19.0
higher
is is
better
for for
buyers.
The The
March
2017
MSI MSI
of 19.0
5
months
at at
its its
lowest
level
compared
with with
March
of 2016
and and
months was
was
lowest
level
compared
March
of 2016
0
2015.
2015.
15
15
25
20 20
35.0
35.0
30
35
Inventory & MSI
The Total Inventory of Properties available for sale as of March
The Total Inventory of Properties available for sale as of March
was 19, up 35.7% from 14 last month and down 5.0% from 20 in
was 19, up 35.7% from 14 last month and down 5.0% from 20 in 35
March of of last
last
year. March
March
2017
Inventory
its lowest
March
year.
2017
Inventory
was was
at its at lowest
level level
30
compared
with
March
2016
2015.
compared
with
March
of of
2016
and and
2015.
25
A M A J M
J A J S J O
J J A A M S J O J N A D S J O F N M D J F M
A N S D O J N 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 M
D A J M
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
14
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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.