MA ARCHIVED July 2016 | Page 49
Market Action Report
July 2016
Arlington
County: Arlington
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for July was 31, down 8.8% from 34
days last month and equal to 31 days in July of last year. The
July 2016 DOM was at its lowest level compared with July of
2015 and 2014.
3 Mo Avg
70
60
50
40
35
31
31
30
20
10
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The July 2016 Selling Price per Square Foot of $384 was down
0.9% from $387 last month and down 2.4% from 393 in July of
last year.
450
440
430
420
410
400
390
380
370
360
350
3 Mo Avg
408
393
384
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The July 2016 Selling Price vs Original List
Price of 97.2% was down from 98.2% last month and down from
97.5% in July of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
99%
98%
97.5%
97.2%
97.2%
97%
96%
95%
94%
93%
92%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
587
561
602
614
427
421
507
529
616
599
666
615
421
474
647
601
408
404
436
586
585
535
530
477
457
377
344
429
315
200
311
300
365
400
411
522
500
534
600
641
700
362
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in July 2016 was 308, down 13.0% from 354 last month and
down 1.0% from 311 in July of last year.
100
0
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Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
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.
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