MA ARCHIVED July 2016 | Page 46

Market Action Report Alexandria County: Alexandria City July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $310,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 2.1 0% 96.5% -.9% July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date -.8% July Property sales were 152, up 16.9% from 130 in July of 2015 160 and 6.2% lower than the 162 sales last month. July 2016 sales Property Sales were at their highest level compared to July of 2015 and 2014. 180 140 July Property sales were 152, up 16.9% from 130 in July of 2015 July YTD sales of 856 are running 2.6% ahead of last year's year160 and 6.2% lower than the 162 sales last month. July 2016 sales 120 to-date sales of 834. were at their highest level compared to July of 2015 and 2014. 140 100 Prices The Median Sales Price in July was $395,000, up 32.8% from Prices $297,450 in July of 2015 and up 21.5% from $325,000 last The Median Sales Price Sales in JulyPrice was $395,000, 32.8% from month. The Average in July wasup $513,690, up 23.1% 600 $297,450 in July of 2015 and up 21.5% from $325,000 last from $417,413 in July of 2015 and up 13.6% from $452,352 last month. The Average Sales Price in July was $513,690, up 23.1% 550 month. July 2016 ASP was at the highest level compared to July from $417,413 in July of 2015 and up 13.6% from $452,352 last of 2015 and 2014. 500 month. July 2016 ASP was at the highest level compared to July of 2015 and 2014. 0% -2% 3% -8% -0% 0% 0% -35% -8% 0% 3 Mo Avg 3 Mo Avg 152 162 148 142 125 69 124 58 100 75 125 126 130 156 142 127 129 79 101 71 103 82 130 102 66 100 50 112 93 0 110 142 20 152 162 148 142 125 69 58 124 75 100 125 126 130 156 142 127 129 163 132 130 102 66 50 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 M A M J J 13 14 15 16 100 0 -.1% 3% 0%-6% 40 112 20 -35% -6% 1% 60 93 40 2% -4% 3% 0% Number of Properties Sold 110 60 -1% 3% 0% 80 142 80 3% 3.0 -2% -.3% Number -.1% of96.7% Properties -0% Sold -5% -37% 180 July YTD sales of 856 are running 2.6% ahead of last year's year120 to-date sales of 834. 100 -4% 3% -1% 856 -1% 44 856 $313 3% 44 $305 -4% 3.0 1% $313 $305 96.7% 0% 79 Property Sales $340,000 $469,023 101 JulySold SalePrice Priceper vsSquare List Price July FootRatio $469,023 9% 71 July Month's Inventory Asking Price perSupply SquareofFoot (based on New Listings) 126 JulyAverage Sold Price July Daysper onSquare Market Foot (Solds) Trending versus*: YTD Prior YTD Prior Year $340,000 3% 20% 101 Asking Priceofper Square Foot July Number Properties Sold (based on New Listings) 82 July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) 135 July Number of Properties Sold July Average Sales Price 103 Total Properties Currently for Sale (Inventory) July Median Sales Price 163 Average List Price of all Current Listings 132 July Average Sales Price 101 Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings Trending versus*: Prior YTD Prior Year YTD -4% $580,749 Trending -1% versus*:11% Month LM 22% L3M PYM LY $395,000 11% 33% $310,000 0% -4% $513,690 14% 7% 23% $580,749 -1% 11% 319 -6% -26% $395,000 22% 11% 33% 20% 152 -6% 17% $513,690 14% 7% 23% 9% 45 45% -26% 18% 29% 319 -6% -5% -3% 152$303 -6% -7% 17% $309 -1% 0% 3% 45 45% 18% 29% -4% $303 2.1 -7% 0% -5% -5% -3% -37% -1% $30996.5% -1% -.9% 0% -.8% 3% -.3%2% Average List Price of all Current Listings 126 County: Alexandria City Agent Name 135 Market Action Report July 2016 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 M A M J J Median Sales Price and Average Sales Price 13 14 15 16 3 Mo Avg Median Sales Price and Average Sales Price 600 3 Mo Avg 550 500 450 450 400 400 350 350 300 300 250 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 M A M J J 14 A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A S 13 O N D J F M 13 14 15 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of July The Total Inventory The of from Properties available saledown as of 25.8% July from 500 wasTotal 319,Inventory down 5.9% 339 last monthforand 500 was downof5.9% month and down 430319, in July last from year. 339 Julylast 2016 Inventory was25.8% at its from lowest 400 430 in July of last year. July 2016 Inventory was at its lowest level compared with July of 2015 and 2014. 400 5.0 A comparatively lower MSI is more beneficial for sellers while 200 a A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 2.1 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 2.1 100 100 monthswas was lowest level compared of 2015 months atat itsits lowest level compared withwith JulyJuly of 2015 and and 0 2014. 0 2014. S O M JA JMA J S J O AN SD OJ NF DM JA M F M A S A O N D N J FD MJ AF M J AJ M A SJ OJ NA DS JO FNMD A J MF J MJ A 14 15 16 13 13 14 15 16 339 4.0 3.0 4.0 319 362 356 323 319 362 339 288 280 356 282 323 353 5.0 280 403 288 394 282 353 398 403 430 394412 398409 301 412 430 375 261 375 266 409 275 301 339 266 275 261 396 376 347 339 376 369 396 369 366 347 342 369 366 369 308 342 283 308 264 344 264 308 348 200 305 344 300 348 300 305 level compared with July of 2015 and 2014. 6.0 6.0 264 308 283 264 250 2.0 does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction. 2.0 1.0 1.0 0.0 0.0 M J J Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con 46 | c o lofdCoastal w eAssociation l l b aofnREALTORS kerh o m eMetropolitan s . c oRegional m Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential Brokerage Data is is provided courtesy of MD,ofInc., Data provided courtesy of Coastal Association of REALTORS 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 Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con 3.0