MA ARCHIVED July 2016 | Page 48

Market Action Report Arlington County: Arlington Market Action Report County: Arlington July 2016 Agent Name July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $639,900 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 7% 16% $810,703 Trending 1% versus*:18% Month LM -1% L3M PYM LY $644,500 5% 4% $639,900 7% 16% $696,536 -2% 3% 9% $810,703 1% 18% 561 -4% -13% $644,500 -1% 5% 4% 9% 240 -13% -8% $696,536 -2% 3% 9% 7% 31 -9% -13% -9% 0% 561 -4% -1% 0% 240$399 -13% 1% -8% $384 -1% -3% -2% 31 -9% -9% 0% -24% $399 2.3 1% 10% -1% 2% 0% -6% -1% $38497.2% -1% -1.0% -3% -.6% -2% -.3% -3% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) July Median Sales Price July Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Priceofper Square Foot July Number Properties Sold (based on New Listings) JulyAverage Sold Price July Daysper onSquare Market Foot (Solds) July Month's Inventory Asking Price perSupply SquareofFoot (based on New Listings) JulySold SalePrice Priceper vsSquare List Price July FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 2.3 10% 97.2% -1.0% 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 Property Sales Trending versus*: Prior YTD Prior Year YTD Trending versus*: YTD Prior YTD Prior Year $606,000 2% 9% $662,905 7% $606,000 1,381 $662,905 2% -0% 2% 40 $404 1,381 -0% 40 $396 5% 2.9 2% $404 $396 97.5% 0% -24% -1% -3% -22% .1% 5% -6% -.6% 300 July Property sales were 240, down 8.0% from 261 in July of 2015 and 12.7% lower than the 275 sales last month. July 2016 250 Property Sales sales were at a mid level compared to July of 2015 and 2014. 300 July Property sales were 240, down 8.0% from 261 in July of July YTD sales of 1,381 are running 0.4% behind last year's year2015 and 12.7% lower than the 275 sales last month. July 2016 250 200 to-date of 1,386. sales weresales at a mid level compared to July of 2015 and 2014. 2% 3% 2% -2% 2% 1% 0%-2% 0% -1% 1% -3% -0% 0% 0% 2.9 -1% -.3% Number .1% of97.5% Properties -0% Sold 2% 3% 2% -22% -3% 0% 3 Mo Avg Number of Properties Sold 3 Mo Avg July YTD sales of 1,381 are running 0.4% behind last year's year200 150 to-date sales of 1,386. Prices The Median Sales Price in July was $644,500, up 4.0% from Prices $620,000 in July of 2015 and down 0.8% from $650,000 last The Median Sales Price Sales in JulyPrice was $644,500, 4.0% fromup 9.0% month. The Average in July wasup $696,536, 800 $620,000 in July of 2015 and down 0.8% from $650,000 last from $639,222 in July of 2015 and down 1.8% from $709,602 month. The Average Sales Price in July was $696,536, up 9.0% 750 last month. July 2016 ASP was at the highest level compared to from $639,222 in July of 2015 and down 1.8% from $709,602 700 July of 2015 and 2014. last month. July 2016 ASP was at the highest level compared to July of 2015 and 2014. 240 275 249 220 180 103 114 179 142 169 207 208 261 283 222 204 179 116 121 195 143 187 187 189 232 233 268 209 147 134 110 174 146 199 178 240 275 249 220 180 103 114 179 142 169 207 208 261 283 222 204 179 116 121 195 143 187 187 189 232 233 268 209 147 134 110 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 16 174 0 146 0 199 50 178 50 249 100 249 150 100 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 800 3 Mo Avg 750 700 650 650 600 600 550 550 500 500 450 450 400 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 561 587 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 602 614 561 507 587 421 602 427 614 421 421 427 507 529 615 616 421 529 599 615 647 599 641 616 666 647 601 666 474 641 436 408 404 474 408 436 477 601 586 585 404 477 530 586 585 535 534 522 530 535 457 344 457 429 300 365 411 400 362 429 400 411 500 377 522 534 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of July The Total Inventory 700 The of from Properties available sale as of 13.3% July from wasTotal 561,Inventory down 4.4% 587 last monthfor and down was downof4.4% from 587 month and down fromlevel700 600 647561, in July last year. Julylast 2016 Inventory was13.3% at a mid 647 in July of lastJuly year.ofJuly 2016 600 compared with 2015 andInventory 2014. was at a mid level 500 compared with July of 2015 and 2014. 315 365 400 377 315 344 311 311 362 300 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 200 200 higher MSI is better for buyers. The July 2016 MSI of 2.3 higher MSI is better for buyers. The July 2016 MSI of 2.3 100 100 monthswas was a mid level compared with of 2015 2014. months atat a mid level compared with JulyJuly of 2015 and and 2014. 0 0 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 M J J 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con 48 | 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 R EALTORS 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 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. 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0