Market Action Report May 2017
Community Information
Market Action Report May 2017
County : Frederick
Price Range : All | Properties : SFH - Con
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 |
$ 391,445 |
2 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 427,690 |
4 % |
|
10 % |
|
|
|
|
May Median Sales Price |
$ 320,513 |
5 % |
5 % |
7 % |
7 % |
$ 310,000 |
9 % |
4 % |
May Average Sales Price |
$ 340,742 |
5 % |
5 % |
8 % |
7 % |
$ 327,341 |
6 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,258 |
2 % |
|
-13% |
|
|
|
|
May Number of Properties Sold |
441 |
23 % |
|
7 % |
|
1,558 |
7 % |
|
May Average Days on Market ( Solds ) |
44 -23% -25% -25% -34% |
62 |
-18% |
-7% |
Asking Price per Square Foot ( based on New Listings ) |
$ 147 |
0 % |
1 % |
7 % |
4 % |
$ 145 |
4 % |
3 % |
May Sold Price per Square Foot |
$ 141 |
5 % |
4 % |
5 % |
5 % |
$ 136 |
3 % |
1 % |
May Month ' s Supply of Inventory |
2.9 -17% -14% -19% -33% |
3.9 |
-21% |
-10% |
May Sale Price vs List Price Ratio |
97.2 % |
. 1 % |
. 5 % |
. 7 % |
1.6 % |
96.5 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
600 |
May Property sales were 441 , up 6.8 % from 413 in May of 2016 |
|
and 22.8 % higher than the 359 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
600
|
500 |
|
May
May Property YTD sales sales of were 1,558441 are , up running 6.8 % from 7.4 % 413 ahead in May of last of 2016 year ' s and year-to-date 22.8 % higher sales than of 1,450 the 359 . sales last month . May 2017 sales
500 were at their highest level compared to May of 2016 and 2015 .
|
400 |
May YTD sales of 1,558 are running 7.4 % ahead of last year ' s year-to-date sales of 1,450 . |
400 |
300 |
|
300 |
200 |
Frederick
Agent Name
Title Phone Website Other
Community Information
200 100
356 294 381 277 292 231 251
Number of Properties Sold
356 294 381 277 292 231 251 179 206 264 279 355 513 382 342 340 318 247 333 205 227 275 330 413 440 389 401 362 311 316 304 245 202 311 359 441
1,641 1,680 1,683 1,629 1,580
1,462 1,358 1,272 1,283 179 206
1,360 1,508
264 279
Number of Properties Sold
100 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
0 14 15
16
17 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 320,513 , up 7.2 % from
350
Prices $ 299,000 in May of 2016 and up 5.4 % from $ 304,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 320,513 May was , up $ 7.2 340,742 % from , up 7.7 %
340
350 $ from 299,000 $ 316,492 in May in of May 2016 of and 2016 up and 5.4 % up from 5.5 % $ 304,000 from $ 323,071 last last 330
. The Average Sales Price in May was $ 340,742 , up 7.7 %
340
month . May 2017 ASP was at the highest level compared to May 320 from $ 316,492 in May of 2016 and up 5.5 % from $ 323,071 last 330 of 2016 and 2015 .
310 month . May 2017 ASP was at the highest level compared to May 320 300 of 2016 and 2015 . 310
290 300
280 290
270 280
260
270 260
250
250 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
J J
14 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 A
17 M
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,258 Inventory , up 2.0 % of from Properties 1,233 available last month for and sale down as of 13.1 May % from 2,000
8.0 was 1,447 1,258 in , May up 2.0 of % last from year 1,233 . May last 2017 month Inventory and down was 13.1 at % its from lowest 2,000
8.0 7.0
1,447 level in compared May of last with year May . May of 2017 2016 Inventory and 2015 . was at its lowest 1,500
7.0 6.0 level compared with May of 2016 and 2015 . 1,500
6.0 5.0
1,000
5.0 4.0
1,000 4.0
3.0 A comparatively lower MSI is more beneficial for sellers while a
3.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.9 a 500
2.0 higher MSI is better for buyers . The May 2017 MSI of 2.9 500
2.0 months was at its lowest level compared with May of 2016 and
1.0 months was at its lowest level compared with May of 2016 and 1.0
2015 . 0
0.0 2015 .
0
0.0 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
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 14
15 16
17 14
15 16
17
1,641 1,680 1,683 1,629 1,580 1,462 1,358 1,272 1,283
355 513 382
1,619 1,666 1,508 1,726 1,666 1,693 1,656
1,360
342 340 318 247
1,619 1,666 1,726 1,666 1,693 1,656
1,484
333
1,484 1,347 1,250 1,231 1,369 1,423
205
1,347 1,250 1,231 227 275 330
1,369 1,423 1,447 413 440
1,447 1,514 1,520 1,468 1,477 1,387
389 401 362 311
1,514 1,520 1,468 1,477 1,387
1,239 316
1,239 1,085 1,017 1,036 1,148 1,233
3 Mo Avg
304
1,085 1,017 1,258 245 202
1,036 1,148
3 Mo Avg
311 359
1,233 1,258
441
20 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .