MA ARCHIVED February 2016 | Page 28

Montgomery MARKET ACTION REPORT MARKET ACTION REPORT County: Montgomery County: Montgomery February 2016 February 2016 Agent Name Title Agent Phone Name Title Website Other Phone Website Trending versus*: Other Community Information Price Range: $1,000,000 and Up | Properties: SFH - Condo Price Range: $1,000,000 and Up | Properties: SFH - Condo Market Profile & Trends Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $1,685,000 -1% Median List Price of all Current Listings 5% LM L3M PYM LY Market Profile Overview Month -1% YTD Prior YTD Prior Year $2,043,370 Average List Price of& allTrends Current Listings 1% $1,685,000 Median List Price of all Current Listings -1% 5% $1,380,000 $1,325,000 February Median Sales Price 10% 4% 2% 5% -7% 1% $2,043,370 Average List Price of all Current -1% 11% 13% 1% 16% $1,619,249 $1,737,948 19% February Average Sales Price Listings 4% 8% $1,380,000 February Median Currently Sales Price 4% 2% 5% $1,325,000 -7% 1% 371 10% Total Properties for Sale (Inventory) 8% 7% $1,737,948 $1,619,249 February Average Sales Price 19% 11% 13% 16% 4% 8% 49 29% 87 February Number of Properties Sold 69% 36% 371 Total Properties Currently Sale (Inventory) 8% 10% 7% 56% 95 46% 82 February Average Days onfor Market (Solds) 12% 34% 49 -30% 87 February Number of Properties Sold on New Listings) 29% -18% 69% 36% $302 $353 Asking Price per Square Foot (based -3% -14% 6% 1% 95 46% 82 February Days Market (Solds) 7% 20% 56% 12% 34% $405 $379 FebruaryAverage Sold Price peron Square Foot 18% 10% 16% 25% 10% 12% $302 $353 7.6 -30% 8.3 Asking Price per Square Foot (based on New Listings) -3% -14% 6% 1% February Month's Supply of Inventory -16% -18% 4% -37% 8% -22% 19% $405 -1.0% $379 -1.1% 96.0% 95.5% February Square 18% 16% 25% -.9% 20% 10% 12% FebruarySold SalePrice Priceper vs List PriceFoot Ratio .5% -2. BP