MA ARCHIVED February 2016

MARKET ACTION REPORT MARKET ACTION REPORT County: Arlington County: Arlington Arlington February 2016 February 2016 Agent Name Title Agent Phone Name Title Website Other Phone Website Trending versus*: Other Community Information Price Range: All | Properties: SFH - Condo Price Range: All | Properties: SFH - Condo Market Profile & Trends Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $574,450 -2% Median List Price of all Current Listings 4% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $772,724 Average List Price of& allTrends Current Listings 3% L3M PYM 4% $574,450 Median List Price of all Current Listings -2% 4% $527,500 $591,250 February Median Sales Price -20% -9% 7% -11% 18% 0% $772,724 Average List Price of all Current 3% 4% $635,850 -4% $649,150 February Average Sales Price Listings -3% 6% -2% 6% 0% $527,500 $591,250 February Median Currently Sales Price 7% -11% 18% 0% 412 -20% Total Properties for Sale (Inventory) -2% -9% -6% $635,850 $649,150 February Average Sales Price -4% -3% 6% -2% 6% 0% 102 -11% 216 February Number of Properties Sold -12% -9% 412 Total Properties Currently Sale (Inventory) -2% 15% 19% -6% 51% 62 13% 58 February Average Days onfor Market (Solds) 5% 41% 102 -11% 216 February Number of Properties Sold on New Listings) -9% $402 $407 Asking Price per Square Foot (based -2% -2% -12% 1% 0% 2% 1% 62 13% 58 February Days Market (Solds) 5% 41% $401 $395 FebruaryAverage Sold Price peron Square Foot 3% 15% 3% 19% 7% 51% 1% 3% -0% $402 $407 4.0 -2% 3.9 Asking Price per Square Foot (based on New Listings) -2% 1% 0% 2% 1% February Month's Supply of Inventory 9% 20% 7% 35% 8% 29% $401 -.2% $395 98.0% 97.9% February Square 3% -.1% 3% -.3% 7% -.6% 1% 3% -0% FebruarySold SalePrice Priceper vs List PriceFoot Ratio -.1% -.8% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |4.0 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 3.9 (flat)8% February Month's Supply of Inventory 9% 20% 7% 35% 29% of Properties 98.0% -.2% -.1% Number 97.9% Sold February Sale Price vs List Price Ratio -.3% -.6% -.1% -.8%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 300 / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 0 Prices The Median Sales Price in February was $527,500, up 6.6% from $495,000 in February of 2015 and Prices down 20.2% from $660,850 last month. The The Median Sales Price in February was $527,500, Average Sales Price in February was $635,850, up up 6.6% from $495,000 in February of 2015 and 5.6% from $601,900 in February of 2015 and down down 20.2% from $660,850 last month. The 3.8% from $661,051 last month. February 2016 Average Sales Price in February was $635,850, up ASP was at the highest level compared to February 5.6% from $601,900 in February of 2015 and down of 2015 and 2014. 3.8% from $661,051 last month. February 2016 ASP was at the highest level compared to February of 2015 and 2014. Inventory & MSI Number of Properties Sold 3 Mo Avg 208 237 284 253 233 249 178 199 146 174 110 134 147 209 268 233 232 189 187 187 143 195 121 116 179 204 222 283 261 208 207 169 142 179 114 102 250 300 200 250 150 200 100 150 50 100 0 50 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 16 208 237 284 253 233 249 178 199 146 174 110 134 147 209 268 233 232 189 187 187 143 195 121 116 179 204 222 283 261 208 207 169 142 179 114 102 Property Sales February Property sales were 102, down 12.1% from 116 in February of 2015 and 10.5% lower than the Property Sales 114 sales Property last month. February 2016 sales werefrom at February sales were 102, down 12.1% their lowest level compared to February of 2015 116 in February of 2015 and 10.5% lower than theand 2014. YTDFebruary sales of 216 aresales running 114 salesFebruary last month. 2016 were8.9% at behind last year's year-to-date sales of 237. their lowest level compared to February of 2015 and 2014. February YTD sales of 216 are running 8.9% behind last year's year-to-date sales of 237. M A M J JMedian A S O N Sales D J F Price M A M and J J A S O N D Sales J F M Price A M J J A S O N D J F Average 14 15 16 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) (000's) 13 700 Median Sales Price and Average Sales Price 650 (000's) 700 600 650 550 Median means Middle (the same # of properties sold above and below the Median) 3 Mo Avg 600 500 550 450 500 400 450 400 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 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 MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace 265 331 265 331 419 419 398 398 361 361 362 362 411 411 429 429 365 365 311 311 315 315 344 344 377 377 457 457 522 522 534 534 535 535 530 530 585 585 586 586 477 477 404 404 408 408 436 436 474 474 601 601 641 641 666 666 647 647 598 598 613 613 611 611 525 525 416 416 421 421 412 412 700 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 412, down 2.1% from 421 last month and 600 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace down 5.5% from 436 in February of last year. February 700 The Total Inventory forwith sale as of 500 2016 Inventory wasof atProperties a mid levelavailable compared February 412, and down 2.1% from 421 last month and Februarywas of 2015 2014. 600 400 down 5.5% from 436 in February of last year. February 500 300 2016 Inventory was at a mid level compared with February of 2015 and 2014. A comparatively lower MSI is more beneficial for sellers 400 200 while a higher MSI is better for buyers. The February 300 100 2016 MSI of 4.0 months was at its highest level Acompared comparatively lower MSI more beneficial with February ofis2015 and 2014. for sellers 2000 while a higher MSI is better for buyers. The February 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 100 13 2016 MSI of 4.0 months was at its highest level 14 15 16 compared February 2015Range: and 2014. Copyright ©with Coldwell Banker of | Price All | Property Types: SFH - Condo 0 Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association M A Mof Realtors J J AMLS S and O Sussex N D County J F of MRealtors A M MLS J JandAmay S not Oreflect N Dall relevant J F MrealAestate M Jactivity. J AColdwell S O Banker N D J F does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller 13 to verify any and all information relevant 14 to such consumer’s real estate transaction. 15 16 Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Condo Data is provided Metropolitan Incorporated, 48 | ccourtesy o l dofw e l l bRegional a n kInformation e r h oServices mes . c o mThe 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. 5 4 4 5 3 4 3 4 2 3 2 3 1 2 1 2 0 1 1 0

MA ARCHIVED February 2016 | Page 48