ATL ARCHIVED February 2016 | Page 16

Fayette

MARKET ACTION REPORT

Agent Name

County: Fayette
MARKET
ACTION REPORT

February 2016

Title
Phone Name
Agent
Website
Title
Other
Phone

Community Information | School District

Price Range: $1,000,000 and Up | Properties: SFH - Condo

Website Trending versus*:
Other

Price
Range: $1,000,000
and&
Up Trends
| Properties: SFH
- Condo
Market
Profile
Overview

Month

LM

L3M PYM

Trending versus*:

YTD

LY

$1,665,000 -10%
Trending versus*:
26%
$1,682,250
11%
LM L3M PYM
LY
Month -2%
$0 -100%
$1,665,000
-10% -100% 26% -100%
$0 -100%
$1,682,250
-2% -100% 11% -100%
-43% -100% -33% -100%
$04 -100%
-100% -100%
$00 -100%
-100%
40 -100%
-43% -100% -33% -100%
0.0
-100% -100%
-100%
0 -100%
0.0%
####
####
####
0 -100% -100%
-100%

Median List Price of all Current Listings
Average List
Price of&
allTrends
Current Listings
Market
Profile
Overview
February
Median
Sales
Price Listings
Median
List
Price of
all Current
February
Average
Sales
Price Listings
Average
List
Price of
all Current
Total Properties
for Sale (Inventory)
February
Median Currently
Sales Price
February
Number
of
Properties
Sold
February Average Sales Price
February
Average
Days onfor
Market
(Solds)
Total
Properties
Currently
Sale (Inventory)
February
Month's
Supply
of
Inventory
February Number of Properties Sold
FebruaryAverage
Sale Price
vs List
Price Ratio
February
Days
on Market
(Solds)

Prior YTD

Prior Year

Trending versus*:

YTD

$1,800,000
$1,800,000
$1,800,000
1
$1,800,000
104
7.01
90.2%
104

Prior YTD
0%

Prior Year
50%

0%

50%

45%

45%
-32%
52%

-.9%
-32%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

0.0
0.0%

February Month's Supply of Inventory
February Sale Price vs List Price Ratio

-100% -100%
#### ####

7.0
90.2%

-100%

52%

Number of Properties Sold
####

-.9%3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 3YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales

0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
1
0
0
0
0
0
1
0
0
2
2
1
0
2
0
0
1
0

M A M J Total
J A S O
N D J F M&
A M
J J A S Supply
O N D J of
F MInventory
A M J J A S(MSI)
O N D J F
Inventory
Month's
13
14
15
16
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

12
10

10

812

8
8

9

6
5

4

8
8

8

5
5
5

6
6

9

8
8
8

9

10

7

10

10

7

3
3

4

4

5
5
5

5

5
5
5
5

5

40
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
while a higher MSI is better for buyers. The February
2 13
14
15
16
2016 MSI of 0.0 months was at its highest level
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property Types: SFH - Condo
compared
February
2015Range:
and 2014.
Data is provided courtesy of First Multiple Listing Service: FMLS Atlanta, Georgia 1 and may not0 reflect all relevant real estate activity. Coldwell Banker

A toMverify
J any
J A
O N D relevant
J F M
A M
J J ArealSestate
O N
D J F M A M J J A S O N D J F
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer orM
seller
andS
all information
to such
consumer’s
transaction.
13

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo

14

15

Data is provided courtesy of First Multiple Listing Service: FMLS Atlanta, Georgia 1 and may not reflect all relevant real estate activity. Coldwell Banker
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.

16 | c o l d w e l l b a n k e r h o m e s . c o m

16

48
26

6

6

6
6

7

8

4

3
3

610

7

8

9

10

8
8
8

9

10

9

9
9
8

9
9

6
5
5
5
5

84

62

10

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

128
106

12

Total Inventory & Month's Supply of Inventory (MSI)

6

down 33.3% from 6 in February of last year. February
2016 Inventory was at its lowest level compared with
A comparatively
lower
MSI is more beneficial for sellers
February
of 2015 and
2014.
while a higher MSI is better for buyers. The February
2016 MSI of 0.0 months was at its highest level
with February
ofis2015
and
2014. for sellers
Acompared
comparatively
lower MSI
more
beneficial

1,700
Median Sales Price and Average Sales Price
(000's)
1,600
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
1,800
1,500
1,700
1,400
1,600
1,300
1,500
1,200
1,400
1,100
1,300
1,000
1,200 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
14
15
16
1,100 13
1,000

6

Inventory & MSI

The Total Inventory of Properties available for sale as of
February was 4, down 42.9% from 7 last month and
down 33.3% from
6 in February of last year. February
Inventory
& MSI
2016
Inventory
wasof
atProperties
its lowest level
compared
with
The
Total
Inventory
available
for sale
as of
Februarywas
of 2015
and 42.9%
2014. from 7 last month and
February
4, down

Sales
Price
Price
M A M J J Median
A S O N D
J F M
A M Jand
J AAverage
S O N D Sales
J F M A
M J J A S O N D J F
3 Mo Avg
13
14 same # of properties sold above and15below the Median)
16
Median means Middle (the
1,800
(000's)

5

The Median Sales Price in February was $0, up
from $0 in February of 2015 and down 100.0%
Prices
from $1,800,000 last month. The Average Sales
The
Median
Sales Price
in February
wasin$0,
up
Price
in February
was $0,
up from $0
February
from
$0 in
February
of 2015
and$1,800,000
down 100.0%
of 2015
and
down 100.0%
from
last
from
$1,800,000
month.
TheatAverage
Sales
month.
Februarylast
2016
ASP was
the highest
level
Price
in February
was $0,
up from
in February
compared
to February
of 2015
and $0
2014.
of 2015 and down 100.0% from $1,800,000 last
month. February 2016 ASP was at the highest level
compared to February of 2015 and 2014.

3 Mo Avg

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
13
14
15
16

0

Prices

Number of Properties Sold

0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
0
1
0
0