MA ARCHIVED July 2016 | Page 62

Market Action Report

July 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

Price Range: All | Properties: SFH - Con

Phone
Website
Month
Other
$389,000

Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con
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

3.2
95.9%

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

0%

The Median Sales Price in July was $349,250, up 13.2% from
Prices
$308,500 in July of 2015 and up 5.8% from $329,950 last
The
Median
Sales
Price Sales
in JulyPrice
was $349,250,
13.2% from
month.
The
Average
in July wasup$339,654,
up 9.1%400
$308,500 in July of 2015 and up 5.8% from $329,950 last
from $311,248 in July of 2015 and down 11.8% from $385,148 380
month. The Average Sales Price in July was $339,654, up 9.1%
last month. J uly 2016 ASP was at a mid range compared to July
360
from $311,248 in July of 2015 and down 11.8% from $385,148
of 2015 and 2014.
340
320
300
280
260
240
220
200

Inventory & MSI

2.2%

6%

5%
-12%

3%

-36% 6%

-30%

3% 3%

4%

-52%

-30%
4%

3 Mo Avg

3 Mo Avg

28

32

29

23

21

13

9

20

18

19

21

22

24

34

23

19

21

17

6

23

14

17

19

18

22

18

15

23

16

12

19

11

22

28

32

29

23

21

9

13

20

18

19

21

22

24

34

23

19

21

17

6

23

14

17

19

18

22

18

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
15

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
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)

76
123
80
104
87
91
90
76
94
80
99
87
89

105
108
105
113
108
108
102 113
100 108
96102
96100
104
96
111
96
124
104
127
111
138
124
131
127
135
138
116
131
105
135
94
101 116
105
118
94 130
101 135
118143
134
130
126 135
127 143
123 134
104 126
91
127

Inventory
& MSI of Properties available for sale as of July
The Total Inventory
160
The
Inventory
of from
Properties
available
as of
July from
wasTotal
89, down
10.1%
99 last
month for
andsale
down
33.6%
160
was
from 99
last2016
month
and down
33.6%
140
13489,
in down
July of10.1%
last year.
July
Inventory
was
at itsfrom
lowest
140
134
in July
of last with
year. July
Julyof
2016
Inventory
was at its lowest
level
compared
2015
and 2014.
120
level compared with July of 2015 and 2014.
120
100
100
80
80
60
A comparatively lower MSI is more beneficial for sellers while a60
A comparatively lower MSI is more beneficial for sellers while a
40
higher
MSI
is
better
for
buyers.
The
July
2016
MSI
of
3.2
40
higher MSI is better for buyers. The July 2016 MSI of 3.2
months
was
at
its
lowest
level
compared
with
July
of
2015
and
20 20
months was at its lowest level compared with July of 2015 and
0
2014.
0
2014.

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

90
94
99
89

Prices

-52%

-12%

5%

5
23

0

-2%

1%

10

6

5

14%

-4%

0%

15

12

10

-55%

8%

20

19

15

1%

155
2%
65
155 $161 8%
65 $150 -4%
4.6 5%
$161
$150 97.8% 5%

1%

25

26

20

$319,000
$325,708

0%

2%

30

11

25

$325,708

6%

Number of Properties Sold

22

30

-10.9% -3.9%

Trending versus*:
YTD
Prior YTD Prior
Year
$319,000
1%

9%

4.6
-36%
2.2% Number
2.2%
3%
of97.8%
Properties Sold

0% -43%

35

12

July Property sales were 28, up 16.7% from 24 in July of 2015
and 12.5% lower than the 32 sales last month. July 2016 sales
Property Sales
were at their highest level compared to July of 2015 and 2014. 40
July Property sales were 28, up 16.7% from 24 in July of 2015
July YTD sales of 155 are running 7.6% ahead of last year's year35
and 12.5% lower than the 32 sales last month. July 2016 sales
to-date
sales
of 144.level compared to July of 2015 and 2014.
were
at their
highest

3%

Trending versus*:
Prior YTD Prior Year

YTD

11%

40

26

Property Sales

last month. July 2016 ASP was at a mid range compared to July
of 2015 and 2014.

Trending versus*:
L3M PYM
LY

$492,598 Trending
4% versus*:25%
Month
LM 6%
L3M PYM
LY
$349,250
7% 13%
$389,000
0%
11%
$339,654 -12% 2% 9%
$492,598
4%
25%
89 -10%
-34%
$349,250 6%
7% 13%
9%
28 -13%
17%
$339,654 -12% 2% 9%
6%
33 -31% -33%
89 -10%
-34% -57%
4% 16%
28$174
-13% 5% 17%
$143
-20%
-9%
33 -31% -33% -57% 9%
-55%
0% -43%
$174 3.2
5% 3%
4% 16%
14%
$14395.9%
-20%-10.9%
-9% -3.9%
9% 2.2%
-2%

Average List Price of all Current Listings

July YTD sales of 155 are running 7.6% ahead of last year's yearto-date sales of 144.

LM

6

County: Fredericksburg City

Agent Name

16

Market Action Report

Fredericksburg

12

County: Fredericksburg City

July 2016

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
62
| 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
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anyorbuyer
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and all information
to such consumer’s
estate transaction.

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0