Market Action Report October 2016
Community Information
Market Action Report October 2016
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 |
$ 379,900 |
3 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 415,792 |
3 % |
|
11 % |
|
|
|
|
October Median Sales Price |
$ 290,000 |
-3% |
-3% |
5 % |
1 % |
$ 295,000 |
4 % |
3 % |
October Average Sales Price |
$ 312,994 |
-0% |
-2% |
7 % |
2 % |
$ 316,694 |
4 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
1,306 |
-9% |
|
-21% |
|
|
|
|
October Number of Properties Sold |
303 -15% |
-5% |
3,339 |
5 % |
October Average Days on Market ( Solds ) |
63 |
0 % |
5 % |
-10% |
-7% |
66 |
0 % |
-3% |
Asking Price per Square Foot ( based on New Listings ) |
$ 146 |
4 % |
4 % |
6 % |
7 % |
$ 141 |
3 % |
3 % |
October Sold Price per Square Foot |
$ 137 |
0 % |
0 % |
5 % |
5 % |
$ 135 |
5 % |
4 % |
October Month ' s Supply of Inventory |
4.3 |
7 % |
9 % |
-17% -16% |
4.3 |
-15% |
-15% |
October Sale Price vs List Price Ratio |
96.4 % |
. 6 % |
. 2 % |
1.4 % 1.5 % |
95.8 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales |
600 |
October Property sales were 303 , down 4.7 % from 318 in |
|
October of 2015 and 15.4 % lower than the 358 sales last month .
Property
October 2016 Sales sales were at a mid level compared to October of
600
|
500 |
|
October
2015 and Property 2014 . sales October were YTD 303 , sales down of 4.7 3,339 % from are 318 running 5.1 %
October ahead of of last 2015 year and ' s 15.4 year-to-date % lower than sales the of 358 3,178 sales . last month .
500
October 2016 sales were at a mid level compared to October of
|
400 |
2015 and 2014 . October YTD sales of 3,339 are running 5.1 % ahead of last year ' s year-to-date sales of 3,178 . |
400 |
300 |
|
300 |
200 |
Frederick
Agent Name
Title Phone Website Other
Community Information
200 100
228 247 174
Number of Properties Sold
100 0 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
0 13 14 15
16 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
Prices Median Sales Price and Average Sales Price
13 14 15
16 3 Mo Avg
The Median Sales Price in October was $ 290,000 , up 5.5 % from 350
Prices $ 275,000 in October of 2015 and down 3.1 % from $ 299,200 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in October Sales Price was $ in 290,000 October , up was 5.5 $ % 312,994 from ,
340
350 $ up 275,000 7.2 % from in October $ 291,954 of 2015 in October and down of 3.1 2015 % from and $ down 299,200 0.3 % from 330 last month . The Average Sales Price in October was $ 312,994 ,
340
$ 313,982 last month . October 2016 ASP was at the highest level 320 up 7.2 % from $ 291,954 in October of 2015 and down 0.3 % from 330 compared to October of 2015 and 2014 .
310
$ 313,982 last month . October 2016 ASP was at the highest level 320 300 compared to October of 2015 and 2014 . 310
290 300
280 290
270 280
260
270 260
250
250 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
13 J F
14 M A M J J A S O N D J F M
15 A M J J A S O N D J F M A
16 M J J A S O
13 14 15
16
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 1,306 of , down Properties 9.1 % from available 1,436 for last sale month as of and down 2,000 October 21.1 % from was 1,306 1,655 , down in October 9.1 % from of last 1,436 year last . October month and 2016 down 2,000
8.0
21.1 Inventory % from 1,655 was at in its October lowest of level last compared year . October with 2016 October of 2015 1,500 7.0
Inventory and 2014 was . at its lowest level compared with October of 2015 1,500 6.0 and 2014 . 1,000
5.0
1,000 4.0
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 October for 2016 sellers MSI while of a 4.3 500 higher MSI is better for buyers . The October 2016 MSI of 4.3 500
2.0 months was at its lowest level compared with October of 2015 months was at its lowest level compared with October of 2015
1.0 and 2014 .
0 and 2014 .
0
0.0 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 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 13 14
15 16
13 14 15
16
228 247 174 164 215 241 324 356 294 381 277 292 231 251 179 206 264 279 355 513 382 342 340 318 247 333 205 227 275 330 413 438 389 401 358 303
1,263 1,159 1,118
1,263 1,159 1,118 1,119
1,253
164 215
1,433 1,535
1,119
1,253 241 324 356 294
1,535 1,641 1,680 381 277
1,433 1,641 1,680
1,683 1,629 1,580
1,462 1,358 1,272 1,283
Number of Properties Sold
292 231 251 179
1,683 1,629 1,580 1,462 1,358 1,272
1,360
1,508 206 264 279 355 513
1,619 1,666
1,508 1,726 1,665 1,692 1,655
1,283 1,360
382 342 340
1,619 1,666 1,726 1,665 1,692 1,655 318 247 333
1,482 1,345 1,247 1,227 1,363 1,417
205
1,482 1,345 1,247 1,227 227 275 330
1,440 1,503 1,502 1,441 1,436
3 Mo Avg
413
1,306 438 389
1,363 1,417 1,440 1,503 1,502 1,441
3 Mo Avg
401 358
1,436 1,306
303
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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 .