MA ARCHIVED December 2017 | Page 44

Market Action Report
County: Prince William
PRINCE
WILLIAM
Market Action Report
December 2017
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
County: Prince Information
William
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
$1,475,000 16%
17%
Trending versus*:
$1,629,387 Trending
4% versus*:
15%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,250,666
-2%
-1%
$1,475,000
16% -89% 6%
17% 25% 10% $1,118,445
$1,250,666
47%
48%
$1,629,387
4% -89% -61%
15% 19% 5% $1,755,793
23 -4%
$1,250,666 -89%
6% 25% -18%
10% $1,118,445
-2%
-1%
2 100%
18 -25% 48%
$1,250,666 -89%
-61% 19% -33%
5% $1,755,793
47%
98 2% 23%
70 -51%
-50%
23 -4%
-18% -19% -29%
-1%
2 $239
100% 0% -11%
-33% 14% 26%
18 $188
-25% -2%
98 $182
2% 23% -8%
-19% -1%
-29% 12%
70 $172
-51% 6% -50%
6%
$239 11.5
0% -52%
-11% -35%
14% 23%
26% -29% $188 21.4
-2% 32% -1%
32%
$182 82.0% -18.0%
-8% -10.1%
-1% -7.7%
12% -14.7% $172 92.6%
6%
-4% 6%
-4%
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 11.5 -52% -35% 23% -29%
December
Month's
of Inventory
82.0%
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
32%
32%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
5
2
0
1
2 2
3 3
4
4
1
21.4
-7.7% -14.7%
-4% Sold -4%
Number of 92.6%
Properties
6
December Property sales were 2, down 33.3% from 3 in
December Sales
of 2016 and 100.0% higher than the 1 sales last
Property
6
month. December
2017 were
sales
their from
lowest
level
December
Property sales
2, were
down at 33.3%
3 in
compared
to
December
of
2016
and
2015.
December
YTD
sales
December of 2016 and 100.0% higher than the 1 sales last
5
of 18 are
running 2017
25.0%
behind
year's
year-to-date
sales of
month.
December
sales
were last
at their
lowest
level
compared
to December of 2016 and 2015. December YTD sales
24.
Property Sales
-18.0% -10.1%
December
per
Foot Ratio
December Sold
Sale Price
Price
vs Square
List Price
Asking
Price Month's
per Square
Foot of
(based
on New Listings)
December
Supply
Inventory
December
Days per
on Square
Market Foot
(Solds)
December Average
Sold Price
Asking Price
per Square
Foot (based
December
Number
of Properties
Sold on New Listings)
December
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
December Average
Number
of Properties
Sold
December
Sales
Price
Total Properties
December
Median Currently
Sales Price for Sale (Inventory)
December
Sales
Price Listings
Average
List Average
Price of all
Current
Market Profile & Trends Overview
December
Sales
Price Listings
Median
List Median
Price of all
Current
Average List Price of all Current Listings
Prices
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
of 18 are running 25.0% behind last year's year-to-date sales of
24.
Trending versus*:
Prior YTD Prior Year
YTD
16 Sales Price and Average
17
Median
Sales Price
15
The Median Sales Price in December was $1,250,666, up 25.0%
Prices
11,000
from
$1,000,374
in December
of 2016
and down 88.9%
from
The
Median
Sales Price
in December
was $1,250,666,
up 25.0%
$11,292,017
last in month.
The of Average
Sales
Price
in December
11,000
from
$1,000,374
December
2016 and
down
88.9%
from
9,000
was $1,250,666,
up 19. 1%
$1,050,125
in in
December
$11,292,017
last month.
The from
Average
Sales Price
December of 2016
and $1,250,666,
down 88.9%
last month.
December
2017 9,000
was
up from
19.1% $11,292,017
from $1,050,125
in December
of 2016
ASP
was 88.9%
at the from
highest
level compared
to December
of 2017
2016 and
7,000
and
down
$11,292,017
last month.
December
2015.
ASP
was at the highest level compared to December of 2016 and
7,000
2015.
5,000
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
5,000
3,000
3,000
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 A
17 M J J A S O N D
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
40
35
30
25
20
15
10
5
0
40
35
30
25
20
15
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
10
higher MSI
MSI
better
buyers.
December
of 11.5
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 11.5
5
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.
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 23, down 4.2% from 24 last month and down
December was 23, down 4.2% from 24 last month and down
17.9% from
from
December
of last
year.
December
17.9%
28 28
in 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
44
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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.
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0