MA ARCHIVED April 2016 | Page 46

Market Action Report

Alexandria

County: Alexandria City

Market Action Report

County: Alexandria City

April 2016

Agent Name

April 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

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

Phone
Website
Month
Other
$1,399,000

Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM
LY

Trending versus*:
Prior YTD Prior Year

YTD

11%
4%
Trending versus*:
$1,856,602 Trending
20% versus*:8%
Month
LM 14%
L3M ####
PYM 14%
LY 304% YTD
Prior YTD -3%
Prior Year
$1,334,500
$317,000
$1,399,000 11%
4%
$1,316,000 7% #### 2% 180%
$444,764
-5%
$1,856,602 20%
8%
41 2%
-7%
$1,334,500 14% #### 14% 304%
$317,000
-3%
-4%
4 0%
-43%
21 -30%
$1,316,000 7% #### 2% 180%
$444,764
-5%
-5%
52 #### 6%
49
-8%
41 2%
-7% 37% 11%
4$459
0% 32% 21%
-43% 11% 19%
21 $379
-30% -10%
$326
13%
8%
-13%
7%
$301
0% 4%
52 #### 6% 37% 11%
49
-8%
10.3
2%
25%
63%
85%
7.7
42%
$459 32% 21% 11% 19%
$379
-10%
-2%
-0%-1%
$32696.9%
13% 1.4%
8% .8%
-13% .3%
7% .4% $301 96.1%
0%

Average List Price of all Current Listings

Market
Profile
& Trends
April Median
Sales
Price Overview
Median List Price of all Current Listings

April Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

April Median Sales Price

April Number of Properties Sold

April Average Sales Price

April Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking
Price of
per
Square Foot
April
Number
Properties
Sold(based on New Listings)
AprilAverage
Sold Price
April
Daysper
on Square
Market Foot
(Solds)

April Month's
Inventory
Asking
Price perSupply
Square of
Foot
(based on New Listings)
AprilSold
SalePrice
Priceper
vsSquare
List Price
April
FootRatio

-4%
-5%

4%
-2%
-1%
38%
-0%

* 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)

10.3 2% 25% 63% 85%
7.7
42%
38%
96.9% 1.4% .8% .3% Number
.4%
-0% Sold -0%
of96.1%
Properties

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

3 Mo Avg

* 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)

12
10
8

10

6

8

4

4

8

5

6

7

6

10

6

16

7

9

7

9

9

5

8

6

7

4

9

10

7

11

6

4

5

1

5

7

3

5

6

4

4

8

5

6

7

6

6

10

7

16

9

7

9

9

5

8

6

7

4

9

7

10

6

11

4

5

1

5

7

3

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
13
14
15
16
5

0

0
12

2

12

2

4

11

4

6

8

12

3 Mo Avg

14

11

YTD sales of 21 are running 30.0% behind last year's year-todate sales of 30.

Number of Properties Sold

16

6

April Property sales were 4, down 42.9% from 7 in April of 2015
and the same as the 4 sales last month. April 2016 sales were at
Property Sales
their lowest level compared to April of 2015 and 2014. April 18
April Property sales were 4, down 42.9% from 7 in April of 2015
YTD sales of 21 are running 30.0% behind last year's year-toand the same as the 4 sales last month. April 2016 sales were at 16
datelowest
sales of
30.compared to April of 2015 and 2014. April
their
level
14

18

8

Property Sales

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
13
14 Median Sales Price and
15 Average Sales Price 16
3 Mo Avg

Prices

The Median Sales Price in April was $1,334,500, up 14.1% from
2,200
Prices
$1,169,900 in April of 2015 and up 13.6% from $1,175,000 last
The
Median
Sales
Price Sales
in April
wasin
$1,334,500,
up 14.1% from
month.
The
Average
Price
April was $1,316,000,
up 2,2002,000
$1,169,900 in April of 2015 and up 13.6% from $1,175,000 last
2.1% from $1,289,227 in April of 2015 and up 7.4% from
month. The Average Sales Price in April was $1,316,000, up
2,0001,800
$1,225,000 last month. April 2016 ASP was at the highest level
2.1% from $1,289,227 in April of 2015 and up 7.4% from
compared to April of 2015 and 2014.
$1,225,000 last month. April 2016 ASP was at the highest level 1,800
1,600
compared to April of 2015 and 2014.

Median Sales Price and Average Sales Price

3 Mo Avg

1,600

1,400

1,400

1,200

1,200

1,000
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

1,000

14A M J J A S O N D J F M 15
M J 13
J A S O N D J F M
A M J J A S O N D J F M A16
13
14
15
16

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

Inventory & MSI

10
0

41

40

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0

35

41

30

35
30

30

30

40

39

45

43

45

39

49

45 48

43

45 46

49
44

48
44

33 46

33

34

34 44

39
44

52

58

58

39

54

58

58

49
52

55

53

49

54

55

48

45

48

41

35 45

41
37

43

53

55
43

46

35

20

42 55

30

3946

50

40

37

30
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 20
higher
MSI
is
better
for
buyers.
The
April
2016
MSI
of
10.3
higher MSI is better for buyers. The April 2016 MSI of 10.3
10
monthswas
was
highest
level
compared
April
of 2015
months
atat
itsits
highest
level
compared
withwith
April
of 2015
and and
2014.
0
2014.

50
42

40

60

39 41

50

70

50

compared with April of 2015 and 2014.

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

41

Inventory
& MSI of Properties available for sale as of April
The Total Inventory
The
Inventory
of Properties
available
sale6.8%
as of from
April 44 in
wasTotal
41, up
2.5% from
40 last month
andfor
down
70
was
41,of
uplast
2.5%
fromApril
40 last
month
and down
44 level
in
April
year.
2016
Inventory
was6.8%
at itsfrom
lowest
April
of
last
year.
April
2016
Inventory
was
at
its
lowest
level
60
compared with April of 2015 and 2014.

J SJ O
A NS DO JN FD MJ AF MM J A J MA J S JO AN SD OJ NF D
F M
M SJ OJ NA DS J O F NMDA J F M A
M J MJ A
M AJ M
J JA A
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
46
| ccourtesy
o l ofdCoastal
w eAssociation
l l b aofnREALTORS
kerh
o m eMetropolitan
s . c oRegional
m Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
Data
is is
provided
of MD,ofInc.,
Data
provided
courtesy
of Coastal
Association of REALTORS
MD, Inc., Metropolitan
Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con

does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0