Market Action Report
County: Montgomery
May 2016
Montgomery
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for May was 59, up 28.3% from 46
days last month and down 13.2% from 68 days in May of last
year. The May 2016 DOM was at a mid level compared with
May of 2015 and 2014.
3 Mo Avg
120
100
80
68
59
60
39
40
20
0
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 A M
13
14
15
16
3 Mo Avg
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more
of a Buyer's market exists, a ratio at or above 100% indicates
more of a Seller's market. The May 2016 Selling Price vs
Original List Price of 96.4% was up from 96.1% last mo