Frederick Community Information
Frederick Community Information
Days On Market for Sold Properties |
3 Mo Avg |
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 November was 161 , up from 0 days last month and down 10.1 % from 179 days in November of last year . The November 2016 DOM was at its lowest level compared with November of 2015 and 2014 . |
350 300 250 200 150 |
256 |
179 |
161 |
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100 |
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50 |
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The November 2016 Selling Price per Square Foot of $ 194 was up from $ 0 last month and up 16.9 % from 166 in November of last year .
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 November 2016 Selling Price vs Original List Price of 91.4 % was up from 0.0 % last month and down from 92.0 % in November of last year .
0
550 500 450 400 350 300 250 200 150 100
120 % 100 % 80 % 60 %
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 13 14
15 16
Selling Price per Square Foot
3 Mo Avg
D J 13 14
227
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 |
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15 |
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16 |
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166
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
86.2 %
3 Mo Avg
194
92.0 % 91.4 %
40 % 20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in November 2016 was 2 , equal to 2 last month and down 33.3 % from 3 in November of last year .
40 35 30 25 20 15 10 5 0
0 %
31
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 13 14
15
16 Inventory / New Listings / Sales
25
25
D J 13 14
21
24 26 27 30 30 30 28 28
24
19 20
22
20 28 29
26 27 27 27
23 22 21 21
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 |
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15 |
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16 |
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20 26
28 31 32
34
32
27 26 c o l d w e l l b a n k e r h o m e s . c o m | 21