MA ARCHIVED September 2016 | Page 20

Frederick Community Information

Frederick Community Information

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
$ 1,290,000
0 %
-14%
Average List Price of all Current Listings
$ 1,487,067
0 %
-6%
September Median Sales Price
$ 1,175,000
-6%
-3%
18 %
4 %
$ 1,225,000
10 %
9 %
September Average Sales Price
$ 1,175,000
-6%
1 %
18 %
-11%
$ 1,242,500
-4%
-6%
Total Properties Currently for Sale ( Inventory )
33
-6%
18 %
September Number of Properties Sold
1
0 %
0 %
6
-25%
September Average Days on Market ( Solds )
26 767 % 37 % -47% -67%
100
117 %
28 %
Asking Price per Square Foot ( based on New Listings )
$ 140
0 %
-53%
0 %
-58%
$ 227
-38%
-31%
September Sold Price per Square Foot
$ 207
-61% -32% -39%
-8%
$ 270
-21%
21 %
September Month ' s Supply of Inventory
33.0
-6%
-2%
18 %
69 %
30.5
50 %
56 %
September Sale Price vs List Price Ratio
92.2 % -7.8% -5.1% -12.6% -2.8%
94.7 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales September Property sales were 1 , equal to 1 in September of 2015 and the same as the 1 sales last month . September 2016 sales were at their highest level compared to September of 2015 and 2014 . September YTD sales of 6 are running 25.0 % behind last year ' s year-to-date sales of 8 .
Prices The Median Sales Price in September was $ 1,175,000 , up 17.5 % from $ 1,000,000 in September of 2015 and down 6.0 % from $ 1,250,000 last month . The Average Sales Price in September was $ 1,175,000 , up 17.5 % from $ 1,000,000 in September of 2015 and down 6.0 % from $ 1,250,000 last month . September 2016 ASP was at the highest level compared to September of 2015 and 2014 .
5 4 4 3 3 2 2 1 1 0
Number of Properties Sold
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
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
3 Mo Avg
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
13
14
15
16
1 2 2 1 1 2 0 2 2 1 1 0 0 1 0 1 1 0 0 1 0 4 0 1 0 1 2 0 0 1 1 0 1 1 1 1
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of September was 33 , down 5.7 % from 35 last month and up 17.9 % from 28 in September of last year . September 2016 Inventory was at its highest level compared with September of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of 33.0 months was at its highest level compared with September of 2015 and 2014 .
40 35 30 25 20 15 10 5 0
40 35 30 25 20 15 10 5 0
37
O 13
33 37
31 33 31
25 25
21
Total Inventory & Month ' s Supply of Inventory ( MSI )
25 25 26
27 24
24 21
30
26 30 30
27 30
30
28 28
30
24 28 28
19 20
24
22 19 20 28 29
22
26 28 28 28
24 23 22 22 22 28 30
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
F M A M J J A S
35
32 33 28 30 33
N
O D
N J
D F M
J
A
F M
J
A
J
M
A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J M J J A S
13 14 14
15 15
16 16
20
20 28 29
26 28 28 28
24 23 22 22 22
32 33 35 33
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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