MA ARCHIVED December 2017 | Page 38

Market Action Report
December 2017
County: Falls Church
City
FALLS
CHURCH
Market Action
Report
Agent Name
Community
County: Falls Information
Church 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
December 2017
Title
Phone
Agent
Name
Website
Title
Other
LM
Trending versus*:
L3M PYM
LY
$1,429,900 10%
6%
$1,330,560 Trending
2% versus*:
-3%
Month
LM L3M PYM
LY
$1,299,000
$1,429,900
10% -16% -9%
6% -17%
$1,299,000
$1,330,560
2% -15% -9%
-3% -17%
5 -17%
$1,299,000 -16%
-9% -17% -44%
0%
1 -67%
$1,299,000 -15%
-9% -17% 0%
-1%
40 -53% -37%
5 -17%
-44% -78%
1 $385
-67% 14% 18%
0% 28%
40 $226
-53% -36%
-37% -23%
-78% -22%
-13%
$385 14%
18% 43%
28% -44%
18%
5.0 150%
$226 96.3%
-36% .9%
-23% .8%
-22% 8.1%
-30%
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
$1,290,000
$1,312,638
-13%
47
18%
45 $308
22%
47 $321
0%
-30%
-6%
7% $308
3.6
1%
.8% $321 98.2%
2%
-6%
-1%
-24%
3%
3 Mo Avg
3 Mo Avg
3
0
2
4 4
6
2
1
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 $1,299,000, down
Prices
1,600
16.7%
from Sales
$1,560,000
in December
2016 and down
The
Median
Price in December
was of
$1,299,000,
down 16.2%
1,600
from from
$1,550,000
last in
month.
The of
Average
Sales
Price
in
16.7%
$1,560,000
December
2016 and
down
16.2%
1,500
December
was $1,299,000,
down
16.7% Sales
from Price
$1,560,000
in
from
$1,550,000
last month. The
Average
in
1,500
December
of
2016
and
down
15.5%
from
$1,537,000
last
month.
December was $1,299,000, down 16.7% from $1,560,000 in
1,400
December
was at 15.5%
a mid from
range
compared last
to month.
December
December
of 2017
2016 ASP
and down
$1,537,000
1,400
1,300
of 2016 and
2015.
December
2017
ASP was at a mid range compared to December
of 2016 and 2015.
-1%
22% 0%
0%
-6%
1% 2%
-24% -6%
3% -1%
8
6
Prices
-1%
45
-1%
-1%
0%
10
8
0
-1%
-1%
Number of Properties Sold
and 2015. December YTD sales of 45 are running 21.6% ahead
of last year's year-to-date sales of 37.
12
December Property sales were 1, equal to 1 in December of 2016
and 66.7% Sales
lower than the 3 sales last month. December 2017
Property
12
sales were Property
at their sales
lowest
level
compared
December
2016
December
were
1, equal
to 1 in to
December
of of
2016
and
2015.
December
YTD
sales
of
45
are
running
21.6%
ahead
and 66.7% lower than the 3 sales last month. December 2017
10
of last
year's
year-to-date
sales
of 37. to December of 2016
sales
were
at their
lowest level
compared
Property Sales
$1,290,000
$1,312,638
7%
3.6 -24%
-24%
.8% 8.1% Number
.8%
3% Sold 3%
of 98.2%
Properties
96.3% .9%
* 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
0%
-1%
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 5.0 150% 43% -44%
December
Month's
of Inventory
December Sale Price vs List Price Ratio
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,300
1,200
1,200
1,100
1,100
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
18
16
14
12
10
8
6
4
2
0
18
16
14
12
10
8
comparatively
lower
MSI
is more
beneficial
for sellers
a 6
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
December
of 5.0 4
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 5.0
2
months
at at
a mid
level
compared
with
December
of 2016
and and
months was
was
a mid
level
compared
with
December
of 2016
0
2015.
2015.
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 5, down 16.7% from 6 last month and down
December was 5, down 16.7% from 6 last month and down
44.4% from
from
9 in
December
of last
year.
December
44.4%
9 in
December
of last
year.
December
2017 2017
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.
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
38
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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