MA ARCHIVED July 2016

Market Action Report Culpeper County: Culpeper July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $350,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM 3% 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 5.4 48% 98.3% 1.9% 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 Prices The Median Sales Price in July was $272,000, up 4.6% from Prices $260,000 in July of 2015 and down 5.2% from $287,000 last The Median Sales Price Sales in JulyPrice was $272,000, 4.6% fromup 6.5% month. The Average in July wasup $282,249, 400 $260,000 in July of 2015 and down 5.2% from $287,000 last from $264,962 in July of 2015 and down 6.2% from $300,917 380 month. The Average Sales Price in July was $282,249, up 6.5% last month. July 2016 ASP was at the highest level compared to 360 from $264,962 in July of 2015 and down 6.2% from $300,917 July of 2015 and 2014. 340 last month. July 2016 ASP was at the highest level compared to July of 2015 and 2014. 320 300 280 260 240 220 200 Inventory & MSI -19% 3.9% 0% 4% 4% 8% 0% 7% -19% 4% -18% 1% 7% 1% -19% -18% 1% 3 Mo Avg 3 Mo Avg 55 85 60 53 38 52 36 59 34 41 60 56 63 72 59 58 37 33 34 47 42 55 43 53 53 48 53 55 43 26 25 47 55 85 60 53 38 52 36 59 34 41 60 56 63 72 59 58 37 33 34 47 42 55 43 53 53 55 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 43 0 37 10 40 20 26 0 10% 2% 30 25 10 4% -4% 6% 40 54 20 -12% 6% 50 47 30 8% 379 5% 77 379 $140 6% 77 $129 -4% 5.5 4% $140 $129 95.8% 8% 2% 60 56 40 $275,000 $281,729 6% 5% 70 37 50 $281,729 2% Number of Properties Sold 40 60 2.1% Trending versus*: YTD Prior YTD Prior Year $275,000 8% 5% 5.5 -19% 1.4% Number 3.9% 1% of95.8% Properties Sold 0% 80 54 July Property sales were 55, down 12.7% from 63 in July of 2015 and 35.3% lower than the 85 sales last month. July 2016 sales Property Sales were at a mid level compared to July of 2015 and 2014. July 90 July Property sales were 55, down 12.7% from 63 in July of 2015 YTD sales of 379 are running 6.5% ahead of last year's year-to-80 and 35.3% lower than the 85 sales last month. July 2016 sales dateatsales oflevel 356.compared to July of 2015 and 2014. July were a mid 70 16% 90 56 Property Sales Trending versus*: Prior YTD Prior Year YTD 8% $423,500 Trending 5% versus*:11% Month LM -5% L3M PYM LY $272,000 -3% 5% $350,000 3% 8% $282,249 -6% -2% 7% $423,500 5% 11% 297 -4% -12% $272,000 -5% -3% 5% 5% 55 -35% -13% $282,249 -6% -2% 7% 2% 68 26% -12% -4% 45% 297 -4% 0% 6% 55$140 -35% 3% -13% $133 4% 1% 15% 68 26% -4% 45% -12% 0% $140 5.4 3% 48% 0% 16% 6% 4% $13398.3% 4% 1.9% 1% 2.1% 15% 1.4% 10% Average List Price of all Current Listings YTD sales of 379 are running 6.5% ahead of last year's year-todate sales of 356. Trending versus*: L3M PYM LY 48 County: Culpeper Agent Name 53 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 400 380 360 340 320 300 280 260 240 220 200 Median Sales Price and Average Sales Price 3 Mo Avg 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) Total Inventory & Month's Supply of Inventory (MSI) 12.0 10.0 8.0 285 297 310 297 284 308 284 284 266 308 264284 264 266 270 264 282 264 316 270 282 358 370 316 395 358 401 370 392 395 382 401 348 392 322 382 290 309 348 317322 290 319 309 326 317 332 339 319 350 326 340 332 320339 292 350 266 340 261 320 242 292 267 266 285 261 297 242 310 267 297 Inventory & MSI of Properties available for sale as of July The Total Inventory The of Properties available forand saledown as of 12.4% July from 450 wasTotal 297,Inventory down 4.2% from 310 last month 450 400 was down from 310 month and down 339297, in July of4.2% last year. Julylast 2016 Inventory was12.4% at its from lowest 400 350 339 in July of last year. July 2016 Inventory was at its lowest level compared with July of 2015 and 2014. 350 level compared with July of 2015 and 2014. 300 300 250 250 200 200 A comparatively lower MSI is more beneficial for sellers while 150 a 150 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 5.4 100 100 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 5.4 monthswas was a mid level compared with of 2015 2014. 50 50 months atat a mid level compared with JulyJuly of 2015 and and 2014. 0 0 6.0 4.0 2.0 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 JMF 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 52 | 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 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. 12.0 10.0 8.0 6.0 4.0 2.0 0.0

MA ARCHIVED July 2016 | Page 52