MA ARCHIVED July 2016 | Page 64

Market Action Report Loudoun County: Loudoun Market Action Report County: Loudoun July 2016 Agent Name July 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $659,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM 0% 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 3.6 13% 96.9% -.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 Property Sales July Property sales were 367, down 10.5% from 410 in July of 2015 and 18.3% lower than the 449 sales last month. July 2016 Property Sales sales were at a mid level compared to July of 2015 and 2014. 500 July Property sales were 367, down 10.5% from 410 in July of July YTD sales of 2,251 are running 3.4% ahead of last year's 450 2015 and 18.3% lower than the 449 sales last month. July 2016 year-to-date of 2,178. 400 sales were at a sales mid level compared to July of 2015 and 2014. Trending versus*: Prior YTD Prior Year YTD 5% $804,081 Trending 3% versus*:10% Month LM 2% L3M PYM LY $575,000 2% 6% $659,000 0% 5% $567,719 -2% 0% 4% $804,081 3% 10% 1,325 -8% -21% $575,000 2% 2% 6% 5% 367 -18% -10% $567,719 -2% 0% 4% 2% 45 32% -21% 15% 7% 1,325 -8% -1% 1% 367$182 -18% -2% -10% $172 -0% -2% -1% 45 32% 15% 7% -20% $182 3.6 -2% 13% -1% 3% 1% -12% 2% $17296.9% -0% -.8% -2% -.6% -1% .3%0% Average List Price of all Current Listings July YTD sales of 2,251 are running 3.4% ahead of last year's year-to-date sales of 2,178. Trending versus*: L3M PYM LY Trending versus*: YTD Prior YTD Prior Year $550,000 0% 5% $554,996 2% $550,000 0% 2,251 $554,996 -1% 3% 2% 0% -31% .4% -.6% 500 0% -9% -14% 2% 2% 1% -14% 1% -20% 2% -20% 0% 1% 1% 4.2 -20% .3% Number .4% 0% of97.1% Properties Sold 3% -12% -1% -1% 48 $182 2,251 3% 48 $175 -9% 4.2 2% $ 182 $175 97.1% 1% -20% 0% -1% -31% -20% 1% 3 Mo Avg Number of Properties Sold 450 3 Mo Avg 400 350 300 350 250 300 200 250 150 200 600 580 560 540 520 500 480 460 440 420 400 367 449 397 336 286 205 211 321 222 262 275 339 410 467 364 317 271 181 168 284 223 259 269 306 339 412 331 300 161 170 303 215 253 367 449 397 336 286 205 211 321 222 262 275 339 410 467 364 317 271 181 168 284 223 259 269 306 339 412 331 300 253 161 170 303 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 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,186 1,191 1,186 1,148 1,0031,191 892 1,148 902 1,003 973 892 1,098 902 1,293 973 1,511 1,098 1,636 1,293 1,700 1,511 1,657 1,636 1,626 1,700 1,593 1,657 1,400 1,232 1,626 1,593 1,180 1,2581,400 1,232 1,429 1,180 1,668 1,258 1,718 1,705 1,429 1,684 1,668 1,625 1,718 1,604 1,705 1,5251,684 1,338 1,625 1,135 1,604 1,072 1,525 1,096 1,338 1,251 1,135 1,433 1,072 1,458 1,096 1,438 1,251 1,325 1,500 1,000 1,000 A comparatively lower MSI is more beneficial for sellers while a 3 Mo Avg 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 Inventory & MSI of Properties available for sale as of July The Total Inventory 2,000 The Inventory of Properties available for sale asdown of July wasTotal 1,325, down 7.9% from 1,438 last month and 21.3% 2,000 was 1,325, down 7.9%offrom down 21.3% from 1,684 in July last 1,438 year. last Julymonth 2016 and Inventory was at its from 1,684 in compared July of last with year.July Julyof 2016 Inventory was at its lowest level 2015 and 2014. 1,500 lowest level compared with July of 2015 and 2014. Median Sales Price and Average Sales Price 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 1,433 1,458 1,438 1,325 520 500 480 460 440 420 400 215 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 Prices last month. July 2016 ASP was at a mid range compared to July of 2015 and 2014. 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 16 256 369 0 256 0 50 The Median Sales Price in July was $575,000, up 5.6% from Prices $544,300 in July of 2015 and up 1.8% from $565,000 last The Median Sales Price Sales in JulyPrice was $575,000, 5.6% from month. The Average in July wasup$567,719, up 4.2%600 $544,300 in July of 2015 and up 1.8% from $565,000 last from $544,949 in July of 2015 and down 2.1% from $580,110 580 month. The Average Sales Price in July was $567,719, up 4.2% last month. July 2016 ASP was at a mid range compared to July 560 from $544,949 in July of 2015 and down 2.1% from $580,110 of 2015 and 2014. 540 369 50 100 276 100 276 150 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 3.6 500 500 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 3.6 months was at its lowest level compared with July of 2015 and months was at its lowest level compared with July of 2015 and 0 2014. 0 2014. S D O N F M A S A O N J FD MJ AF MM JA JMA J S JO AN SD OJ NF D M JA M J A J M A SJ OJ NA DS JO FNMDA JM F 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 64 | 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. 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0