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: All | Properties: SFH - Condo
Price Range: All | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$569,000 6%
Median List Price of all Current Listings
17%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$831,118
Average List
Price of&
allTrends
Current Listings
5% L3M PYM
14%
$569,000
Median
List
Price
of
all
Current
Listings
6%
17%
$430,000
$420,000
February Median Sales Price
4%
0%
5%
-3%
3%
-6%
$831,118
Average
List
Price of
all Current
5%
$569,810 12%
$538,562
February
Average
Sales
Price Listings
4% 14%
16%
2%
8%
-3%
$430,000
$420,000
February
Median Currently
Sales Price
4%
0% -16%
5%
-3%
3%
-6%
1,665 -3%
Total Properties
for Sale (Inventory)
$569,810
$538,562
February
Average
Sales
Price
12%
4%
16%
2%
8%
-3%
457 -4%
933
February Number of Properties Sold
14%
9%
1,665
Total
Properties
Currently
Sale (Inventory)
-3% 16% -16%
71 11%
67
February
Average
Days onfor
Market
(Solds)
6% 42%
-3%
34%
457 -12%
933
February
Number
of Properties
Sold on New Listings)
-4%
9%
$236
$250
Asking Price
per Square
Foot (based
-4% 14%
-1%
-2%
6%
3%
71 11%
67
February
Days
Market
(Solds)
6%
-3%
34%
$235
$229
FebruaryAverage
Sold Price
peron
Square
Foot
6% 16%
3%
5% 42%
2%
5%
0%
$236
$250
3.6 -12%
3.6
Asking
Price
per Square
Foot
(based on New Listings)
-4% -27%
-1%
-2%
6%
3%
February
Month's
Supply
of Inventory
1% 12%
3%
-20%
2%
$235 .1%
$229
97.8%
97.3%
February
Square
6%
3% -.4%
5% -.3%
2%
5%
0%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.4%
-.3%
-.8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |3.6
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
3.6 (flat)-20%
February
Month's Supply of Inventory
1% 12% -27%
3%
2%
of Properties
97.8% .1% .4% Number
97.3% Sold
February Sale Price vs List Price Ratio
-.4% -.3%
-.3%
-.8%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 1,200
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
0
Prices
The Median Sales Price in February was $430,000,
up 5.1% from $408,950 in February of 2015 and up
Prices
3.8% from $414,400 last month. The Average Sales
The Median Sales Price in February was $430,000,
Price in February was $569,810, up 15.8% from
up 5.1% from $408,950 in February of 2015 and up
$491,892 in February of 2015 and up 12.0% from
3.8% from $414,400 last month. The Average Sales
$508,562 last month. February 2016 ASP was at
Price in February was $569,810, up 15.8% from
the highest level compared to February of 2015 and
$491,892 in February of 2015 and up 12.0% from
2014.
$508,562 last month. February 2016 ASP was at
the highest level compared to February of 2015 and
2014.
Inventory & MSI
Number of Properties Sold
3 Mo Avg
632
738
922
984
1,007
828
656
672
5