MA ARCHIVED December 2017 | Page 36

Market Action Report
December 2017
County: Fairfax
FAIRFAX
COUNTY
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Fairfax
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
$1,500,000 -3%
0%
$2,091,348 Trending
1% versus*: 7%
Month
LM L3M PYM
LY
$1,275,000
$1,500,000
-3% -1% -4%
0% -3%
$1,494,358
$2,091,348
1% -2% -3%
7% 4%
$1,275,000 465
-1% -13%
-4% -3% -20%
-1%
89 1%
$1,494,358 -2%
-3% 4% 3%
3%
73 11% -3%
465 -13%
-20% -25%
89 $320
1% 20% 8%
3% -5%
73 $268
11% -6%
-3% -3%
-25% 12%
-11%
$320 20%
8% -16%
-5% -23%
16%
5.2 -14%
$268 93.8%
-6% -1.2%
-3% -.6%
12% -.1%
4%
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 5.2 -14% -16% -23% -49%
December
Month's
of Inventory
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
Trending versus*:
Prior YTD Prior Year
YTD
-1%
3%
$1,280,000
$1,481,528
-1%
2%
$1,280,000
-1%
$1,481,528 1,128
2%
160
December Property sales were 89, up 3.5% from 86 in
December Sales
of 2016 and 1.1% higher than the 88 sales last month. 140
Property
160
December
2017 sales
their
highest
level
to
December
Property
sales were
were at 89,
up 3.5%
from
86 compared
in
120
December
of
2016
and
2015.
December
YTD
sales
of
1,128
are
December of 2016 and 1.1% higher than the 88 s ales last month. 140
running 16.8%
ahead
of last
year's
year-to-date
sales of to 966.
100
December
2017 sales
were
at their
highest
level compared
-1%
2%
-1%
-11%
77
16% 1,128 $283
17%
77 $264
-5%
4%
3%
-49% $283
7.8
2%
-.4% $264 95.0%
17% 2%
-5%
3%
2% -6%
-24% 3%
1% 2%
-6%
3%
2%
-24%
1%
7.8 -24%
-24%
93.8% -1.2% -.6% -.1% Number
-.4%
1% Sold 1%
of 95.0%
Properties
Property Sales
3 Mo Avg
Number of Properties Sold
3 Mo Avg
Prices
96
71
0
0
20 20
40 40
60 60
80 80
100
120
December of 2016 and 2015. December YTD sales of 1,128 are
running 16.8% ahead of last year's year-to-date sales of 966.
Trending versus*:
Prior YTD Prior Year
YTD
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 Sales Price
Median
15
The Median Sales Price in December was $1,275,000, down
Prices
1,700
2.8%
from Sales
$1,312,250
December
of $1,275,000,
2016 and down
The
Median
Price in in December
was
down 0.6%
1,700 1,650
from from
$1,282,500
last in month.
The of Average
Sales
Price
in
2.8%
$1,312,250
December
2016 and
down
0.6%
1,650 1,600
December
was $1,494,358,
up 3.5%
from
$1,443,708
from
$1,282,500
last month. The
Average
Sales
Price in in
December
of $1,494,358,
2016 and down
2.2% from
from
$1,527,457
December
was
up 3.5%
$1,443,708
in last month. 1,600 1,550
1,550 1,500
December
was at 2.2%
a mid
range
compared
December
December
of 2017
2016 ASP
and down
from
$1,527,457
last to month.
of 2016 and
2015.
December
2017
ASP was at a mid range compared to December 1,500 1,450
1,450 1,400
of 2016 and 2015.
1,400 1,350
1,350 1,300
1,300 1,250
1,250 1,200
1,200
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
December was 465, down 12.9% from 534 last month and down 1,000
December was 465, down 12.9% from 534 last month and down 1,000
19.8% from
from
580
December
of last
year.
December
19.8%
580
in in
December
of last
year.
December
2017 2017
800 800
Inventory
was
lowest
level
compared
December
Inventory
was
at at
its its
lowest
level
compared
with with
December
of of
2016 and
and
2015.
2016
2015.
600 600
400 400
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 5.2 200 200
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 5.2
months
at at
its its
lowest
level
compared
with with
December
of 2016
months was
was
lowest
level
compared
December
of 2016
0
and
0
and 2015.
2015.
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 O
J F N M D A J M F J M J A A M S J O J N A D S O N D
J A F M
M J A M
J N
A D S O
15 15
16
17
16
17
Copyright © | Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
36
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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.
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0