MA ARCHIVED July 2016 | Page 58

July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $700,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM -14% 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 2.1 63% 99.1% .8% 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 16% 82 23% 36 82 $358 -12% 36 $353 20% 2.6 2% $358 $353 97.6% -2% -69% 7% 3% -5% 1.6% -12% -2% .7% 15% 6% 15% 20% -8% 2% 2% -2%-8% -1% 20% 2% 21% -0%-1% 0% -5% 21% 0% 3 Mo Avg 3 Mo Avg 15 10 10 14 22 17 11 9 3 11 6 12 15 8 11 17 16 17 12 13 11 17 7 11 7 16 15 18 15 14 10 12 10 12 3 10 5 14 22 17 11 9 3 6 11 12 8 15 11 17 16 17 12 13 11 7 17 11 7 16 15 18 15 10 12 10 12 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 3 17 0 6 17 5 5 0 $745,000 $851,253 6% 23% Number of Properties Sold 10 15 $851,253 13% 20 5 July Property sales were 14, down 17.6% from 17 in July of 2015 and 36.4% lower than the 22 sales last month. July 2016 sales Property Sales were at their lowest level compared to July of 2015 and 2014. 25 July Property sales were 14, down 17.6% from 17 in July of 2015 July YTD sales of 82 are running 11.8% behind last year's yearand 36.4% lower than the 22 sales last month. July 2016 sales to-date sales of 93.level compared to July of 2015 and 2014. 20 were at their lowest Trending versus*: YTD Prior YTD Prior Year $745,000 16% 2% 2.6 20% .9% Number 1.6% of97.6% Properties -0% Sold 29% 25 6 Property Sales Trending versus*: Prior YTD Prior Year YTD -22% $800,593 Trending -12% versus*: -13% Month LM -6% L3M PYM LY $712,500 -3% 11% $700,000 -14% -22% $832,893 -7% 1% 29% $800,593 -12% -13% 29 4% -19% $712,500 -6% -3% 11% 2% 14 -36% -18% $832,893 -7% 1% 29% 13% 12 -25% -50% 29 4% -19% -37% $376 4% 5% 14% 14 -36% -18% $365 2% 2% 12 -25% -50% -37% 0% -69% $376 2.1 4% 63% 5% 29% 14% -2% 7% .7% .9%3% $36599.1% 2% .8%2% 0% 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 $712,500, up 10.9% from 1,100 Prices $642,500 in July of 2015 and down 5.6% from $755,000 last The Median Sales Price Sales in JulyPrice was $712,500, up$832,893, 10.9% from month. The Average in July was up 29.1% 1,1001,000 $642,500 in July of 2015 and down 5.6% from $755,000 last from $645,052 in July of 2015 and down 7.0% from $895,614 month. The Average Sales Price in July was $832,893, up 29.1% 1,000 last month. July 2016 ASP was at a mid range compared to July 900 from $645,052 in July of 2015 and down 7.0% from $895,614 of 2015 and 2014. last month. July 2016 ASP was at a mid range compared to July 900 800 of 2015 and 2014. 800 700 600 Median Sales Price and Average Sales Price 3 Mo Avg 700 600 500 500 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 M 15 A S 13 O N D J F M A M J J A S O N D J F M A16M J J 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 Inventory of Properties available sale19.4% as of July wasTotal 29, up 3.6% from 28 last month andfor down from 36 in was 29, 3.6% from 282016 last month and down from 36 in 45 July ofup last year. July Inventory was at19.4% its lowest level 40 July of last year. July 2016 Inventory was at its lowest level compared with July of 2015 and 2014. 35 7.0 6.0 35 4.0 29 28 29 24 24 28 19 24 25 15 13 19 16 15 13 24 25 31 16 5.0 5.0 25 36 6.0 25 3535 3131 35 31 25 31 21 20 28 25 26 21 26 28 3136 41 39 41 35 39 33 34 34 20 14 21 26 21 14 16 26 2226 26 35 7.0 21 22 45 40 35 compared with July of 2015 and 2014. 30 30 25 25 20 20 A comparatively lower MSI is more beneficial for sellers while 15 a 15 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 2.1 10 10 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 2.1 5 monthswas was a mid level compared with of 2015 2014. 5 months atat a mid level compared with JulyJuly of 2015 and and 2014. 0 0 2125 Prices 16 22 July YTD sales of 82 are running 11.8% behind last year's yearto-date sales of 93. Trending versus*: L3M PYM LY 35 County: Falls Church City Agent Name 14 Market Action Report July 2016 Falls Church 25 33 35 County: Falls Church City 22 Market Action Report 3.0 2.0 1.0 0.0 M JA JM A J S J OAN SD OJ NF DM JA FM MJ AJ M A S AO SN O D N J D F MJ AF M A SJ OJ NA DS JO FN MD 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 58 | 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