MA ARCHIVED July 2016 | Page 66

Market Action Report Manassas County: Manassas City Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $375,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM 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 -7% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 2.7 66% 96.7% -.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 20 -17% .3% 2% -18% 3% 1% 7% -18% 7% -31% 1% -27% 1% 7% 1% -17% -27% 1% 3 Mo Avg 3 Mo Avg 29 45 37 29 23 21 19 21 19 23 35 30 30 37 40 20 18 16 17 16 16 13 27 30 35 29 39 36 26 14 18 33 32 29 45 37 29 23 21 19 21 19 23 35 30 30 37 40 20 18 16 17 16 16 13 27 30 35 36 26 14 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 18 0 22 31 5 25 10 32 0 7% -9% 6% Number of Properties Sold 33 5 1% 14% 15 31 10 8% 203 3% 42 203 $158 14% 42 $160 -9% 2.3 3% $158 $160 97.2% 7% 2% 30 25 15 $349,900 $330,026 -43% 6% 3% 35 30 20 $330,026 -1% 40 35 25 -1.0% Trending versus*: YTD Prior YTD Prior Year $349,900 8% -2% 2.3 -31% -3.5% Number .3% 1% of97.2% Properties Sold 24% -16% 45 22 July Property sales were 29, down 3.3% from 30 in July of 2015 and 35.6% lower than the 45 sales last month. July 2016 sales Property Sales were at their lowest level compared to July of 2015 and 2014. 50 July Property sales were 29, down 3.3% from 30 in July of 2015 July YTD sales of 203 are running 14.0% ahead of last year's 45 and 35.6% lower than the 45 sales last month. July 2016 sales year-to-date sales level of 178. 40 were at their lowest compared to July of 2015 and 2014. Trending versus*: Prior YTD Prior Year YTD 7% 50 25 Property Sales July YTD sales of 203 are running 14.0% ahead of last year's year-to-date sales of 178. Trending versus*: L3M PYM LY $385,579 Trending -2% versus*: 9% Month LM -7% L3M PYM LY $325,000 -7% 5% $375,000 -7% 7% $321,634 -1% -2% 13% $385,579 -2% 9% 77 7% -19% $325,000 -7% -7% 5% -2% 29 -36% -3% $321,634 -1% -2% 13% -1% 29 71% -19% -9% -6% 77 7% -2% 13% 29$158 -36% 1% -3% $160 -6% 0% 10% 29 71% -9% -6% -43% 2.7 66% 24% $158 1% -2% 13% -16% 1% $16096.7% -6% -.9% 0% -1.0% 10% -3.5% 7% 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 Prices The Median Sales Price in July was $325,000, up 4.8% from Prices $310,000 in July of 2015 and down 6.9% from $349,000 last 390 The Median Sales Price Sales in JulyPrice was $325,000, 4.8% from month. The Average in July wasup $321,634, up 13.5% $310,000 in July of 2015 and down 6.9% from $349,000 last 370 390 from $283,433 in July of 2015 and down 0.8% from $324,135 month. The Average Sales Price in July was $321,634, up 13.5% last month. July 2016 ASP was at the highest level compared to 350 370 from $283,433 in July of 2015 and down 0.8% from $324,135 July of 2015 and 2014. last month. July 2016 ASP was at the highest level compared to 350 330 July of 2015 and 2014. July 2016 Title Phone Agent Name Website TitleOther 29 County: Manassas City Agent Name 39 Market Action Report July 2016 Median Sales Price and Average Sales Price 3 Mo Avg 330 310 310 290 290 270 270 250 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 Inventory of Properties available sale18.9% as of July wasTotal 77, up 6.9% from 72 last month andfor down from 95 in 120 was 77,ofup 6.9% from 72 2016 last month and down 18.9% from 95 in 120 July last year. July Inventory was at its lowest level 100 July of last year. July 2016 Inventory was at its lowest level 100 compared with July of 2015 and 2014. compared with July of 2015 and 2014. 80 20 4.0 77 72 4.0 80 74 77 72 50 56 48 50 48 55 64 74 75 56 55 64 80 84 94 95 108 84 5.0 5.0 75 50 54 9493 93 81 108 95 89 89 81 63 51 50 69 54 70 51 63 67 79 69 79 70 77 67 79 79 65 58 77 65 56 58 54 71 6867 68 51 40 60 A comparatively lower MSI is more beneficial for sellers while a40 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 2.7 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 2.7 20 monthswas was a mid level compared with of 2015 2014. months atat a mid level compared with JulyJuly of 2015 and and 2014. 0 71 60 60 67 80 6.0 6.0 54 60 56 51 250 3.0 2.0 1.0 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 66 | 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. 3.0 2.0 1.0 0.0