MA ARCHIVED December 2017 | Page 40

Market Action Report
December 2017
County: Fauquier
FAUQUIER
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Fauquier
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
$2,189,000 10%
7%
Trending versus*:
$3,500,685 Trending
4% versus*:
-2%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$5,017,500
-35%
-33%
$2,189,000
10% 385% 294%
7% 297% 146% $1,375,000
$5,017,500
-30%
-26%
$3,500,685
4% 385% 95%
-2% 297% 93% $1,937,782
67 -12%
$5,017,500 385%
294% 297% -4%
146% $1,375,000
-35%
-33%
2 100%
29
93% -26%
$5,017,500 385%
95% 297% 100%
93% $1,937,782
-30%
62%
303 130%
110%
67 353
-12%
-4% -8% 145%
0% 0% -6%
-2%
2 $431
100% -57% 100%
29 $451
93% -1%
353 $0 62% 0%
-8% -100%
145% -100%
303 $233
130% -16%
110% -14%
$431 33.5
-57% -56%
0% -47%
0% -52%
-6% -40% $451 44.3
-1% -20% -2% -20%
$0 75.0% -25.0%
0% -5.4%
-100% -23.2%
-100% -15.2% $233 80.9%
-16% -10%
-14% -9%
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 33.5 -56% -47% -52% -40%
December
Month's
of Inventory
75.0%
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
-25.0%
44.3
-20%
-20%
-5.4% -23.2% -15.2%
-10% Sold -9%
Number of 80.9%
Properties
Property Sales
8
December Property sales were 2, up 100.0% from 1 in December
7
of 2016 and
100.0% higher than the 1 sales last month.
Property
Sales
8
December
2017 sales
mid
level compared
to December
December
Property
sales were
were at 2, a up
100.0%
from 1 in December
6
7
2016 and
and
2015. higher
December
of 29
are running 93.3%
of of 2016
100.0%
than YTD
the 1 sales last
month.
ahead of last
year-to-date
of 15.
5
December
2017 year's
sales were
at a mid sales
level compared
to December
3 Mo Avg
Number of Properties Sold
3 Mo Avg
6
Prices
16 Sales Price and Average
17
Median
Sales Price
15
The Median Sales Price in December was $5,017,500, up
Prices
8,000
296.6%
from
$1,265,000
in December
of 2016 and
The
Median
Sales
Price in December
was $5,017,500,
up up 384.8%
from $1,035,000
last month.
The Average
Price
in
8,000 7,000
296.6%
from $1,265,000
in December
of 2016 Sales
and up
384.8%
December
was $5,017,500,
up 296.6%
in
from
$1,035,000
last month. The
Average from
Sales $1,265,000
Price in
7,000
December
of $5,017,500,
2016 and up up
384.8%
December
was
296.6% from
from $1,035,000
$1,265,000 last
in month. 6,000
6,000
December
was 384.8%
at the highest
level compared
to
December
of 2017
2016 ASP
and up
from $1,035,000
last month.
5,000
December
of 2016
and at
2015.
December
2017
ASP was
the highest level compared to
5,000
4,000
December of 2016 and 2015.
Median Sales Price and Average Sales Price
2
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
0
0 1 1
2 2
3 3
4 4
5
of 2016 and 2015. December YTD sales of 29 are running 93.3%
ahead of last year's year-to-date sales of 15.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
3 Mo Avg
4,000
3,000
3,000
2,000
2,000
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
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of
100.0
80.0 80.0
60.0 60.0
40 40.0 40.0
20 20.0 20.0
40
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
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of of
20
33.5
was
at at
a mid
level
compared
with with
December
of of
33.5 months
months
was
a mid
level
compared
December
0
2016
2015.
2016 and
and
2015.
100.0
The Total Inventory of Properties available for sale as of
December was 67, down 11.8% from 76 last month and down 100 100
December was 67, down 11.8% from 76 last month and down
4.3% from
from
December
of last
year.
December
4.3%
70 70
in in
December
of last
year.
December
2017 2017
80 80
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.
60 60
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
0.0
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| Coldwell
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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 e state 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.