MA ARCHIVED April 2016 | Page 48

Market Action Report Arlington County: Arlington Market Action Report County: Arlington 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 $1,510,000 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 -1% 1% Trending versus*: $1,594,596 Trending 1% versus*:1% Month LM 4% L3M #### PYM 2% LY 120% YTD Prior YTD 6% Prior Year $1,299,500 $583,750 $1,510,000 -1% 1% $1,426,233 2% #### -1% 120% $633,708 0% $1,594,596 1% 1% 174 24% 27% $1,299,500 4% #### 2% 120% $583,750 6% -1% 28 47% -7% 80 -9% $1,426,233 2% #### -1% 120% $633,708 0% -2% 66 -22% 40% 47 9% 174 24% 27% 35% 61% 2% 28$434 47% 14% 7% -7% 2% 12% 80 $405 -9% $359 12% -10% -19% -9% $400 1%15% 66 -22% 40% 35% 61% 47 9% 6.2 -16% -16% 36% 22% 6.8 18% $434 14% 7% 2% 12% $405 2% 5% -0% 1% $35997.8% 12% 1.2% -10% .6% -19% .2% -9% .7% $400 97.2% 1% 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 -1% -2% 15% 5% 1% 33% 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) 6.2 -16% -16% 36% 22% 6.8 18% 33% 97.8% 1.2% .6% .2% Number .7% -0% Sold 0% of97.2% 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) 28 19 13 20 31 27 26 28 41 36 30 28 14 16 31 22 23 23 23 38 37 49 27 20 18 25 5 18 25 25 24 26 3 Mo Avg 28 19 13 20 31 24 23 27 26 28 41 36 30 28 14 16 31 22 23 23 23 38 37 27 20 18 5 25 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 18 0 25 0 31 10 25 10 38 20 24 20 26 30 31 30 38 April YTD sales of 80 are running 9.1% behind last year's year-to40 date sales of 88. Number of Properties Sold 24 April Property sales were 28, down 6.7% from 30 in April of 2015 and 47.4% higher than the 19 sales last month. April 2016 50 Property Sales sales were at a mid level compared to April of 2015 and 2014. 60 April Property sales were 28, down 6.7% from 30 in April of April YTD sales of 80 are running 9.1% behind last year's year-to2015 and 47.4% higher than the 19 sales last month. April 2016 50 40 datewere salesatofa 88. sales mid level compared to April of 2015 and 2014. 23 60 49 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 $1,299,500, up 1.7% from 1,700 Prices $1,277,500 in April of 2015 and up 4.0% from $1,250,000 last The Median Sales Price Sales in April wasin $1,299,500, up 1.7% fromdown month. The Average Price April was $1,426,233, 1,7001,600 $1,277,500 in April of 2015 and up 4.0% from $1,250,000 last 0.5% from $1,433,418 in April of 2015 and up 2.1% from month. The Average Sales Price in April was $1,426,233, down 1,6001,500 $1,396,737 last month. April 2016 ASP was at a mid range 0.5% from $1,433,418 in April of 2015 and up 2.1% from compared to April of 2015 and 2014. $1,396,737 last month. April 2016 ASP was at a mid range 1,500 1,400 compared to April of 2015 and 2014. Median Sales Price and Average Sales Price 3 Mo Avg 1,400 1,300 1,300 1,200 1,200 1,100 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 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 16 100 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. April 2016 of 6.2 50 higher is is better forfor buyers. TheThe April 2016 MSIMSI of 6.2 monthswas was highest level compared April of 2015 months atat itsits highest level compared withwith April of 2015 and and 2014. 0 2014. 100 50 15.0 174 150 20.0 20.0 117 118 104 117 96 118 108 104 96122 108 108 88 122 86 108 94 88 106 86 121 94 137 106 139 121 133 137 127 139 135 133 142 127 129 106 135 142 112 107 129 106 105 137 112 107 147 105 143 140 137 137 147 148 143 152 140 128 137 94 148 100 152 111 128 140 94 174 compared with April of 2015 and 2014. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 140 Inventory & MSI Inventory & MSI of Properties available for sale as of April The Total Inventory 200 The Properties for sale as of April wasTotal 174,Inventory up 24.3%of from 140 lastavailable month and up 27.0% from 137 200 was 174, up fromApril 140 last month and upwas 27.0% from 137 level in April of 24.3% last year. 2016 Inventory at its h ighest incompared April of last year. April 2016 Inventory with April of 2015 and 2014.was at its highest level 150 100 111 1,100 10.0 5.0 0 0.0 A NS DO JN FD MJ AF MMJ A J MA J S JO AN SD OJ NF M D AJ M F M M J M J AJ SJ O J JA AM SJ OJ NA DS J OF NMDA J F M A 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con 48 | 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. 15.0 10.0 5.0 0.0