MA ARCHIVED December 2017 | Page 32

Market Action Report
December 2017
County: Arlington
ARLINGTON
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Arlington
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
$1,599,000 0%
0%
Trending versus*:
$1,723,527 Trending
1% versus*: 2%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,200,000
2%
2%
$1,599,000
0% -10% -11%
0% -8% -8% $1,325,000
$1,452,595
3% $1,418,016
0%
0%
$1,723,527
1% -1% 2%
2% 5%
$1,200,000 111
-10% -21%
-11% -8% -12%
-8% $1,325,000
2%
2%
19 -37%
420
$1,452,595 -1%
2% 5% -41%
3% $1,418,016
0% 17% 0%
81 53% 53%
55
6%
4%
111 -21%
-12% 37% 53%
0%
19 $345
-37% -8% -11%
-41% 0% -10%
420 $384
17% 0%
81 $383
53% 11%
53% 1%
37% 3%
53% 2%
55 $358
6%
-5% 4%
-5%
$345 5.8
-8% 24%
-11% 18%
0% 48%
-10% 2% $384
0% -19% 0%
4.7
-19%
$383 92.3%
11% -4.2%
1% -4.3%
3% -3.8%
2% -4.3% $358 96.9%
-5%
0% -5%
0%
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 5.8 24% 18% 48%
December
Month's
of Inventory
2%
4.7 -19%
-19%
92.3% -4.2% -4.3% -3.8% -4.3%
0% Sold 0%
Number of 96.9%
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
38
20
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 $1,200,000, down
Prices
1,700
7.9%
from Sales
$1,302,500
December
of $1,200,000,
2016 and down
The
Median
Price in in December
was
down 10.3%
1,700
from from
$1,337,500
last in
month.
The of Average
Sales
Price
in
7.9%
$1,302,500
December
2016 and
down
10.3%
1,600
December
was $1,452,595,
up 4.5%
from
$1,389,413
from
$1,337,500
last month. The
Average
Sales
Price in in
1,600
December
of
2016
and
down
1.0%
from
$1,466,941
last
month.
December was $1,452,595, up 4.5% from $1,389,413 in
1,500
December
was at 1.0%
the highest
level compared
to
December
of 2017
2016 ASP
and down
from $1,466,941
last month.
1,500
1,400
December
of 2016
and at
2015.
December
2017
ASP was
the highest level compared to
December of 2016 and 2015.
0
10
10
20 20
30
40
30
Prices
3 Mo Avg
50
40
0
3 Mo Avg
Number of Properties Sold
of 420 are running 17.0% ahead of last year's year-to-date sales
of 359.
60
December Property sales were 19, down 40.6% from 32 in
December Sales
of 2016 and 36.7% lower than the 30 sales last
Property
60
month. December
2017 were
sales
at 40.6%
their lowest
level
December
Property sales
19, were
down
from 32
in
compared
to
December
of
2016
and
2015.
December
YTD
sales
December of 2016 and 36.7% lower than the 30 sales last
50
of 420 December
are running
17.0%
of their
last year's
sales
month.
2017
sales ahead
were at
lowest year-to-date
level
compared
of 359. to December of 2016 and 2015. December YTD sales
Property Sales
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,400
1,300
1,300
1,200
1,200
1,100
1,100
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)
Total Inventory & Month's Supply of Inventory (MSI)
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
December
of 5.8 50
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 5.8
months
at at
its its
highest
level
compared
with with
December
of of
months was
was
highest
level
compared
December
0
2016
2015.
2016 and
and
2015.
8.0 8.0
6.0 6.0
100 100
10.0
10.0
50
4.0
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 111, down 21.3% from 141 last month and down 200 200
December was 111, down 21.3% from 141 last month and down
11.9% from
from
126
December
of last
year.
December
11.9%
126
in in
December
of last
year.
December
2017 2017
Inventory
was
a mid
level
compared
December
of 2016 150 150
Inventory
was
at at
a mid
level
compared
with with
December
of 2016
and 2015.
2015.
and
2.0
0.0
0
J F M
J 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 O
N D
J F N M
J A
F M A
J A
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
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© 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.
4.0
2.0
0.0