MA ARCHIVED July 2016 | Page 61
Market Action Report
July 2016
Fauquier
County: Fauquier
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 49, up 2.1% from 48 days
last month and down 30.0% from 70 days in July of last year.
The July 2016 DOM was at a mid level compared with July of
2015 and 2014.
3 Mo Avg
120
100
80
70
60
49
46
40
20
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 $159 was up 8.6%
from $147 last month and up 5.7% from 151 in July of last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
159
151
151
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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
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
98%
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 96.9% was up from 96.7% last month and up from 95.7% 96%
in July of last year.
94%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.9%
95.7%
95.6%
92%
90%
88%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
462
496
488
402
393
377
468
502
433
563
536
556
570
567
553
508
400
393
454
484
420
542
534
514
487
482
450
432
364
334
379
351
300
423
400
448
500
510
600
437
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 142, up 1.4% from 140 last month and down
4.7% from 149 in July of last year.
200
100
0
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
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14
15
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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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