MA ARCHIVED December 2017 | Page 30

Market Action Report
December 2017
County: Alexandria City
ALEXANDRIA
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Alexandria
City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$1,573,750 5%
-11%
Trending versus*:
$1,810,516 Trending
3% versus*:
-12%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,197,000
1% 1% 0% $1,200,000
0%
0%
$1,573,750
5% 0% -11%
$1,238,683
1% -13% -11% $1,337,458
-3%
-4%
$1,810,516
3% -3% -12%
44 -17%
$1,197,000 0%
1% 1% 42%
0% $1,200,000
0%
0%
3 -70%
103
$1,238,683 -3%
1% -13% -79%
-11% $1,337,458
-3% 16% -4%
40 -33% -17%
47 -13%
-18%
44 -17%
42% -22% -30%
$0 -100% -100%
4%
3 -70%
-79% -100% -100%
103 $419
16% 6%
40 $345
-33% 3%
-17% -7%
-22% -26%
-30% -7%
47 $393
-13% 5% -18%
5%
$0 14.7
-100% 177%
-100% 61%
-100% 562%
-100% 136% $419
6% 27% 4%
7.9
27%
$345 99.1%
3% 5.2%
-7% 3.3%
-26% 5.4%
-7% 4.3% $393 95.9%
5%
1% 5%
1%
Average List Price of all Current Listings
Market Profile & Trends Overview
December
Sales
Price Listings
Median
List Median
Price of all
Current
December
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
December
Median Currently
Sales Price for Sale (Inventory)
December Average
Number
of Properties
Sold
December
Sales
Price
December
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
December
Number
of Properties
Sold on New Listings)
December
Days per
on Square
Market Foot
(Solds)
December Average
Sold Price
Asking
Price Month's
per Square
Foot of
(based
on New Listings)
December
Supply
Inventory
December
per
Foot Ratio
December Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 14.7 177% 61% 562% 136%
December
Month's
of Inventory
7.9
27%
27%
99.1% 5.2% 3.3% 5.4% 4.3%
1% Sold 1%
Number of 95.9%
Properties
December Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
14
12
10
8
10
6
8
Prices
13
6
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 M J J A S O N D
15
16
17
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 M J J A S O N D
16 Sales Price and Average
17
Median
Sales Price
15
The Median Sales Price in December was $1,197,000, up 0.9%
Prices
from
$1,185,800
in December
of 2016
and up 0.3%
The
Median
Sales Price
in December
was $1,197,000,
up from
0.9%
2,000
$1,193,500
last in
month.
The of
Average
Sales
in December
from
$1,185,800
December
2016 and
up Price
0.3% from
2,000
was
$1,238,683,
down
13.4%
from
$1,430,043
in
December
of
$1,193,500 last month. T he Average Sales Price in December
1,800
2016
and down down
2.9% 13.4%
from from
$1,275,417
last month.
December
was
$1,238,683,
$1,430,043
in December
of
1,800
2017 and
ASP
was 2.9%
at a mid
compared
to December
of 2016
2016
down
from range
$1,275,417
last month.
December
1,600
and ASP
2015.
2017
was at a mid range compared to December of 2016
and 2015.
0
2
2
4
4
6
0
3 Mo Avg
16
12
3 Mo Avg
Number of Properties Sold
18
of 103 are running 15.7% ahead of last year's year-to-date sales
of 89.
20
December Property sales were 3, down 78.6% from 14 in
December Sales
of 2016 and 70.0% lower than the 10 sales last
Property
20
month. December
2017 were
sales
their from
lowest
December
Property sales
3, were
down at 78.6%
14 level
in
18
compared
to
December
of
2016
and
2015.
December
YTD
sales
December of 2016 and 70.0% lower than the 10 sales last
of 103 are
running
15.7%
ahead
sales 16
month.
December
2017
sales
were of
at last
their year's
lowest year-to-date
level
compared
of 89. to December of 2016 and 2015. December YTD sales 14
Property Sales
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 M J J A S O N D
J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
10
0
20
30
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 20
higher MSI
MSI
better
buyers.
December
of 14.7
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 14.7
months
at at
its its
highest
level
compared
with with
December
of of 10
months was
was
highest
level
compared
December
0
2016
2015.
2016 and
and
2015.
40
30 40
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 44, down 17.0% from 53 last month and up 41.9% 70
December was 44, down 17.0% from 53 last month and up 41.9% 70
from 31 31 in in
December
year.
December
Inventory
from
December
of of
last last
year.
December
2017 2017
Inventory
was was
60 60
highest
level
compared
with
December
of 2016
2015.
at at its its highest
level
compared
with
December
of 2016
and and
2015.
50 50
J F M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A
N D
J N
F M
J F A M A J M
S O
D A J M F J M J A A M S J O J N A D S O N D
15 15
16
17
16
17
Copyright © | Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
30
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage
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.
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.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0