MA ARCHIVED July 2016

Market Action Report Fairfax City County: Fairfax City July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $607,450 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM -2% 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 2.6 9% 96.5% -.4% 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 -.3% -7% 0% 0% 2%-7% 2% 3% 0% -5% -1% 2% 0% -28% -5% 0% 3 Mo Avg 3 Mo Avg 69 78 77 57 45 28 27 54 36 63 41 63 81 83 66 57 39 27 35 55 46 43 48 65 62 83 63 68 40 34 34 44 0 39 10 37 20 69 78 77 57 45 28 27 54 36 63 41 63 81 83 66 57 39 27 35 55 46 43 48 65 62 83 63 68 40 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 34 0 -28% 4% 30 34 10 -6% 5% 7% 40 62 20 -5% -2% 50 44 30 2% 381 -1% 40 381 $256 -2% 40 $247 5% 3.5 0% $256 $247 96.8% 2% 4% 60 80 40 $558,666 $565,769 -16% 7% -1% 70 39 50 $565,769 11% Number of Properties Sold 37 60 -.7% 80 62 July Property sales were 69, down 14.8% from 81 in July of 2015 and 11.5% lower than the 78 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 69, down 14.8% from 81 in July of 2015 YTD sales of 381 are running 1.8% behind last year's year-to- 80 and 11.5% lower than the 78 sales last month. July 2016 sales dateatsales oflevel 388.compared to July of 2015 and 2014. July were a mid 70 Trending versus*: YTD Prior YTD Prior Year $558,666 2% 16% 3.5 3% -.6% Number -.3% of96.8% Properties -1% Sold 4% -10% 90 80 Property Sales Trending versus*: Prior YTD Prior Year YTD -1% $680,449 Trending -2% versus*: 4% Month LM 7% L3M PYM LY $603,000 4% 12% $607,450 -2% -1% $602,830 8% 4% 6% $680,449 -2% 4% 182 -3% -23% $603,000 7% 4% 12% 16% 69 -12% -15% $602,830 8% 4% 6% 11% 36 24% -23% 6% 6% 182 -3% -4% -6% 69$242 -12% -3% -15% $229 -7% -8% -3% 36 24% 6% 6% -16% $242 2.6 -3% 9% -4% 4% -6% -10% -5% $22996.5% -7% -.4% -8% -.7% -3% -.6% -6% Average List Price of all Current Listings 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 The Median Sales Price in July was $603,000, up 11.7% from 700 Prices $539,900 in July of 2015 and up 6.9% from $564,000 last The Median Sales Price Sales in JulyPrice was $603,000, 11.7% from month. The Average in July wasup $602,830, up 5.8% 700 650 $539,900 in July of 2015 and up 6.9% from $564,000 last from $569,852 in July of 2015 and up 7.6% from $560,424 last month. The Average Sales Price in July was $602,830, up 5.8% 650 month. July 2016 ASP was at the highest level compared to July 600 from $569,852 in July of 2015 and up 7.6% from $560,424 last of 2015 and 2014. month. July 2016 ASP was at the highest level compared to July 600 550 of 2015 and 2014. 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 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI of Properties available for sale as of July The Total Inventory The of Properties available forand saledown as of 23.2% July from 300 wasTotal 182,Inventory down 3.2% from 188 last month 300 was down from 188 month and down from 237182, in July of3.2% last year. Julylast 2016 Inventory was23.2% at a mid level 250 237 in July of last year. July 2016 Inventory was at a mid level 250 compared with July of 2015 and 2014. compared with July of 2015 and 2014. 200 0 5.0 4.0 182 188 5.0 195 202 182 166 188 133 202 195 124 131 124 131 133 166 165 221 244 239 6.0 6.0 165 221 237 244 233 239245 237 198 245 233 136 117 198 94 104 136 117 140 172 94 190 174 172 190 173 166 174 172 140 104 50 117127 100 127 125 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 100 higherMSI MSI better buyers. 2016 of 2.6 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 2.6 50 monthswas was lowest level compared of 2015 months atat itsits lowest level compared withwith JulyJuly of 2015 and and 2014. 0 2014. 150 127 150 127 200 7.0 7.0 173 400 450 109 166 450 3 Mo Avg 500 9194 500 94 125 89 117 550 Median Sales Price and Average Sales Price 91131 Prices 109 89 YTD sales of 381 are running 1.8% behind last year's year-todate sales of 388. Trending versus*: L3M PYM LY 172 County: Fairfax City Agent Name 131 Market Action Report July 2016 3.0 2.0 1.0 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 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 54 | 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. 4.0 3.0 2.0 1.0 0.0

MA ARCHIVED July 2016 | Page 54