MA ARCHIVED February 2016 | Page 70

Spotsylvania

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Spotsylvania

County: Spotsylvania

February 2016
February 2016

Agent Name

Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Condo

Price Range: $1,000,000 and Up | Properties: SFH - Condo

Market Profile & Trends Overview

Month

LM

L3M PYM

Trending versus*:
LY

YTD

Prior YTD

Prior Year

Trending versus*:
Trending versus*:
$1,400,000 -1%
Median List Price of all Current Listings
17%
LM L3M PYM
LY
Market
Profile
Overview
Month -6%
YTD Prior YTD Prior Year
$1,376,689
Average List
Price of&
allTrends
Current Listings
4%
$1,400,000
Median
List
Price
of
all
Current
Listings
-1%
17%
$0
$1,199,900
February Median Sales Price
-100%
-100%
-4%
14%
$1,376,689
Average
List
Price of
all Current
$0 -6% -100% 4% -100%
$0
February
Average
Sales
Price Listings
-100%
$0
February
Median Currently
Sales Price
-4%
14%
11 0% -100% 22% -100% $1,199,900
Total Properties
for Sale (Inventory)
$0
$0
February
Average
Sales
Price
-100%
-100%
-100%
0
0
February Number of Properties Sold
110 0% -100% 22% -100%
Total
Properties
Currently
Sale (Inventory)
0
February
Average
Days onfor
Market
(Solds)
-100%
0 -100% -100% -100% -100%
February
Number
of Properties
Sold on New Listings)
$0
$2400
Asking Price
per Square
Foot (based
18%
9%
0
February
Days
Market
(Solds)
-100%
-100%
$0
$00
FebruaryAverage
Sold Price
peron
Square
Foot
-100%
-100%
$0 -100% -100% -100% -100%
$240
0.0
0.0
Asking
Price
per Square
Foot
(based on New Listings)
18%
9%
February
Month's
Supply
of Inventory
-100%
$0
$0
0.0%
0.0%
February
Square
-100%
-100%
-100%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
####
####
-100.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |0.0
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
0.0 (flat)
February
Month's Supply of Inventory
-100%
-100%
-100%
of Properties
0.0%
0.0% Sold
February Sale Price vs List Price Ratio
#### Number
####
-100.0%
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 3YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

Property Sales

The Me dian Sales Price in February was $0, up
from $0 in February of 2015 and up from $0 last
Prices
month. The Average Sales Price in February was
The Median Sales Price in February was $0, up
$0, up from $0 in February of 2015 and up from
from $0 in February of 2015 and up from $0 last
$0 last month. February 2016 ASP was at the
month. The Average Sales Price in February was
highest level compared to February of 2015 and
$0, up from $0 in February of 2015 and up from
2014.
$0 last month. February 2016 ASP was at the
highest level compared to February of 2015 and
2014.

3 Mo Avg

2
2

1
1
0
1

0
0
0
0
0
1
2
0
0
0
0
0
1
0
0
0
0
0
0
1
0
0
0
0
1
0
0
0
0
0
0
1
0
1
0
0

1
2

0

Prices

Number of Properties Sold

2
3

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
13
14
15
16

0
0
0
0
0
1
2
0
0
0
0
0
1
0
0
0
0
0
0
1
0
0
0
0
1
0
0
0
0
0
0
1
0
1
0
0

February Property sales were 0, up from 0 in
February ofSales
2015 and higher than the 0 sales last
Property
month. February
their0highest
February
Property 2016
sales sales
were were
0, upatfrom
in
level
compared
to
February
of
2015
and
2014.last
February of 2015 and higher than the 0 sales
February
YTD sales
of 0
are were
running
ahead
of last
month.
February
2016
sales
at their
highest
year's year-to-date sales of 0.
level compared to February of 2015 and 2014.
February YTD sales of 0 are running ahead of last
year's year-to-date sales of 0.

M A M J J Median
A S O N D
J F M
A M Jand
J AAverage
S O N D Sales
J F M A
M J J A S O N D J F
Sales
Price
Price
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)

(000's)
13

1,300

Median Sales Price and Average Sales Price

1,250
(000's)
1,300
1,200
1,250
1,150

Median means Middle (the same # of properties sold above and below the Median)

3 Mo Avg

1,200
1,100
1,150
1,050
1,100
1,000

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
13
14
15
16

1,050
1,000

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
Total Inventory
& Month's Supply
of Inventory (MSI) 16
13
14
15

Inventory & MSI

MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

11
11
11
11
12
12
12
12
12
12
12
12
12
12
13
13
13
13
12
12
12
12
12
12
13
13
14
14
13
13
12
12
8
8
7
7
9
9
10
10
11
11
11
11
12
12
11
11
10
10
11
11
10
10
10
10
11
11
11
11
11
11

14
14

14
14

13

16
16

13

16
16

18
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 11, equal to 11 last month and up 22.2%
16
Inventory
& MSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
from 9 in February
of last year. February 2016 Inventory 14
18
The
Inventory
of Properties
sale as
of
wasTotal
at a mid
level compared
withavailable
Februaryfor
of 2015
and
12
February
2014. was 11, equal to 11 last month and up 22.2%
16
10
from 9 in February of last year. February 2016 Inventory 14
8
was at a mid level compared with February of 2015 and
12
6
2014.
A comparatively lower MSI is more beneficial for sellers
10
while a higher MSI is better for buyers. The February
4
8
2016 MSI of 0.0 months was at its highest level
2
6
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
0
while a higher MSI is better for buyers. The February
4 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
2016 MSI of 0.0 months was at its highest level
14
15
16
2 13
compared
February
2015Range:
and 2014.
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property
0 Types: SFH - Condo

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association
andNSussex
not N
reflect
M A M ofJRealtors
J A MLS
S O
D JCounty
F Mof Realtors
A M JMLS
J and
A may
S O
D allJrelevant
F M real
A estate
M J activity.
J A Coldwell
S O NBanker
D J F
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or13
seller to verify any and all information 14
relevant to such consumer’s real estate transaction.
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo

Data is provided
Metropolitan
70
| ccourtesy
o l dofw
e l l bRegional
a n kInformation
e r h oServices
m e sIncorporated,
. c o m The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
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.

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12

14
10
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