MA ARCHIVED December 2017 | Page 47

Market Action Report
December 2017
County: Washington DC
WASHINGTON,
D.C.
Market Action Report
Agent Name
December 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Washington
DC
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
$1,995,000 0%
-5%
$3,085,686 Trending
9% versus*: 7%
Month
LM L3M PYM
LY
$1,465,000
$1,995,000
0% -4% 2%
-5% -6%
$1,855,635
$3,085,686
9% 10% 8%
7% -10%
$1,465,000 139
-4% -27%
2% -6% -3%
2%
75 34%
$1,855,635 10%
8% -10% 121%
4%
48 33% 17%
139 -27%
-3% 2%
8% -3%
75 $751
34% 9% 121%
48 $658
33% -10%
17% -1%
2% 10%
0%
$751 1.9
9% -46%
8% -47%
-3% -56%
16%
$658 95.7%
-10% -.8%
-1% -.8%
10% .3%
16%
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 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
$1,435,000
$1,796,677
Prices
-13%
9%
11%
-13%
0%
3 Mo Avg
3 Mo Avg
40
66
45
0
10
10 20 20
30
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 $1,465,000, down
Prices
2,400
6.2%
from Sales
$1,562,500
December
of $1,465,000,
2016 and down
The
Median
Price in in December
was
down 3.5%
2,400
from from
$1,518,298
last in
month.
The of
Average
Sales
Price
in
6.2%
$1,562,500
December
2016 and
down
3.5%
2,200
December
was last
$1,855,635,
down
10.4% Sales
from Price
$2,072,105
in
from
$1,518,298
month. The
Average
in
2,200
December
of
2016
and
up
10.5%
from
$1,679,881
last
month.
December was $1,855,635, down 10.4% from $2,072,105 in
2,000
December
was 10.5%
at the from
lowest
level compared
to
December
of 2017
2016 ASP
and up
$1,679,881
last month.
2,000
1,800
December
of 2016
and at
2015.
December
2017
ASP was
the lowest level compared to
December of 2016 and 2015.
27% 1%
-9%
11%
12% -13%
-13% 9%
0% 11%
50
30
0
0%
677
1%
0%
42
16%
677 $702
27%
42 $630
-9%
16%
11%
-56% $702
3.6
12%
-1.0% $630 97.0%
60
40
0%
0%
1%
70
50
0%
1%
Number of Properties Sold
80
60
90
of 677 are running 27.3% ahead of last year's year-to-date sales
of 532.
$1,435,000
$1,796,677
3.6 -13%
-13%
95.7% -.8% -.8% .3% -1.0%
0% Sold 0%
Number of 97.0%
Properties
December Sale Price vs List Price Ratio
December Property sales were 75, up 120.6% from 34 in
December Sales
of 2016 and 33.9% higher than the 56 sales last
Property
90
month. December
2017 were
sales
at their from
highest
December
Property sales
75, were
up 120.6%
34 in level
80
compared
to
December
of
2016
and
2015.
December
YTD
sales
December of 2016 and 33.9% higher than the 56 sales last
of 677 are
running
27.3%
last year's
year-to-date
sales 70
month.
December
2017
sales ahead
were of
at their
highest
level
compared
of 532. to December of 2016 and 2015. December YTD sales
Trending versus*:
Prior YTD Prior Year
YTD
2%
4%
* LM=Last Month
/ L3M=Last Supply
3 Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 1.9 -46% -47% -56% -56%
December
Month's
of Inventory
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,600
1,600
1,400
1,400
1,200
1,200
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
The Total Inventory of Properties available for sale as of
December was 139, down 27.2% from 191 last month and down 300 300
December was 139, down 27.2% from 191 last month and down
2.8% from
from
143
December
of last
year.
December
2.8%
143
in in
December
of last
year.
December
2017 2017
250 250
Inventory
was
a mid
level
compared
December
of 2016
Inventory
was
at at
a mid
level
compared
with with
December
of 2016
and 2015.
2015.
200 200
and
6.0
Co pyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
5.0
4.0 4.0
3.0 3.0
5.0
2.0
comparatively
lower
MSI
is more
beneficial
for sellers
a 100
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 100
higher MSI
MSI
better
buyers.
December
higher
is is
better
for for
buyers.
The The
December
2017 2017
MSI MSI
of 1.9 of 1.9
50 50
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 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 F A 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
15 15
16
17
16
17
6.0
150 150
7.0
7.0
1.0
0.0 0.0
O N D
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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.
2.0
1.0