MA ARCHIVED December 2017 | Page 42

Market Action Report
December 2017
County: Loudoun
LOUDOUN
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Loudoun
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
$1,559,945 6%
2%
$2,460,272 Trending
8% versus*:
11%
Month
LM L3M PYM
LY
$1,227,500
$1,559,945
6% 2% -1%
2% 5%
$1,206,325
$2,460,272
8% -10% -7%
11% -9%
$1,227,500 118
2% -19%
-1% 5% -10%
5%
11 -21%
$1,206,325 -10%
-7% -9% -35%
-9%
88 -2% -23%
118 -19%
-10% 9%
11 $211
-21% 25% -9%
-35% 3%
88 $183
-2% 12%
-23% -8%
9% -33%
-14%
$211 10.7
25% 3%
-9% -13%
3% 39%
-12%
$183 94.9%
12% 3.3%
-8% 3.8%
-33% 1.6%
-5%
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 10.7
December
Month's
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
5%
137
0% 13% 1%
84 -19%
137 $238
13% -2%
84 $194
-19% -1% -18%
$238 27.1
-2% 44% -1%
$194 93.1%
-1%
1% 1%
-14%
-12%
-5%
-43%
3.0%
-18%
-1%
1%
44%
1%
3 Mo Avg
3 Mo Avg
12
0
5
9
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 $1,227,500, up 4.8%
Prices
2,200
from
$1,171,155
December
of 2016
up 1.7% up
from
The
Median
Sales in
Price
in December
was and
$1,227,500,
4.8%
$1,207,087
last
The
Sales
Price
in December 2,200 2,000
from
$1,171,155
in month.
December
of Average
2016 and
up 1.7%
from
was $1,206,325,
down The
8.9%
from $1,323,471
in December
December of
$1,207,087
last month.
Average
Sales Price in
2,000
2016
and down down
9.6% 8.9%
from from
$1,335,111
last month.
December
was
$1,206,325,
$1,323,471
in December
of
1,800
2017 and
ASP
was 9.6%
at the from
lowest
level compared
to December
2016
down
$1,335,111
last month.
December of 2016
1,800
1,600
and ASP
2015.
2017
was at the lowest level compared to December of 2016
and 2015.
4%
5%
1%
10
5
Prices
$1,225,000
$1,325,726
4%
0%
15
10
0
$1,225,000
$1,325,726
20
15
5%
-9%
Number of Properties Sold
December of 2016 and 2015. December YTD sales of 137 are
running 13.2% ahead of last year's year-to-date sales of 121.
25
December Property sales were 11, down 35.3% from 17 in
December Sales
of 2016 and 21.4% lower than the 14 sales last month.
Property
25
December
2017 sales
their
lowest
to
December
Property
sales were
were at 11,
down
35.3% level
from compared
17 in
December
of
2016
and
2015.
December
YTD
sales
of
137
are
December of 2016 and 21.4% lower than the 14 sales last month.
running 13.2%
ahead
of last
year's
year-to-date
sales of
December
2017 sales
were
at their
lowest
level compared
to 121. 20
Trending versus*:
Prior YTD Prior Year
YTD
3% -13% 39% -43%
27.1
44%
44%
94.9% 3.3% 3.8% 1.6% 3.0%
1% Sold 1%
Number of 93.1%
Properties
December Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
Median Sales Price and Average Sales Price
3 Mo Avg
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)
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
Total Inventory & Month's Supply of Inventory (MSI)
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 118, down 19.2% from 146 last month and down 250 250
December was 118, down 19.2% from 146 last month and down
9.9% from
from
131
December
of last
year.
December
9.9%
131
in in
December
of last
year.
December
2017 2017
200
Inventory
was
a mid
level
compared
December
of 2016 200
Inventory
was
at at
a mid
level
compared
with with
December
of 2016
and 2015.
2015.
and
150 150
100 100
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 10.7
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 10.7
50 50
months
at at
its its
highest
level
compared
with with
December
of of
months was
was
highest
level
compared
December
0
2016
2015.
0
2016 and
and
2015.
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
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
Copyright ©
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
42
| Coldwell
coldwellbankerluxury.com
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.