MA ARCHIVED July 2016 | Page 68

Market Action Report Manassas Park County: Manassas Park City Community Information Price Range: All | Properties: SFH - Con Phone Website Month Other $330,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 1% 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 1.7 58% 94.0% -2.4% 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 -1.8% 25 July Property sales were 15, down 21.1% from 19 in July of 2015 and 28.6% lower than the 21 sales last month. July 2016 sales Property Sales were at their lowest level compared to July of 2015 and 2014. 25 20 July Property sales were 15, down 21.1% from 19 in July of 2015 July YTD sales of 83 are running 11.7% behind last year's year-toand 28.6% lower than the 21 sales last month. July 2016 sales dateatsales 94. level compared to July of 2015 and 2014. 20 15 were theiroflowest 65% 2% 2% -26% -2.7% -12% 8% 3% 1% 8% 2% 3% 2% 8% 3% 1% 3% -2% -1% 3% -1% -26% -2% -1% 3 Mo Avg 3 Mo Avg 15 21 12 11 8 9 13 7 12 11 12 19 19 12 13 17 12 12 12 9 13 12 11 17 9 17 7 13 6 12 4 10 16 13 5 0 15 21 12 8 11 9 7 13 12 11 12 19 19 12 13 17 12 12 9 12 13 12 17 17 16 7 6 13 12 4 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 10 0 2% 83 0% 43 83 $160 -12% 43 $159 8% 2.3 2% $160 $159 96.0% 2% 1% 5 16 5 $267,500 $284,048 3% 0% 10 13 10 $284,048 3% Number of Properties Sold 5 July YTD sales of 83 are running 11.7% behind last year's year-todate sales of 94. 15 Trending versus*: YTD Prior YTD Prior Year $267,500 2% 4% 2.3 1% -3.1% Number -2.7% of96.0% Properties -1% Sold 18% -13% 11 Property Sales Trending versus*: Prior YTD Prior Year YTD 15% $347,965 Trending 2% versus*:11% Month LM 2% L3M PYM LY $270,000 1% 2% $330,000 1% 15% $286,933 -5% -1% -1% $347,965 2% 11% 26 13% -32% $270,000 2% 1% 2% 4% 15 -29% -21% $286,933 -5% -1% -1% 3% 66 144% -32% 53% 74% 26 13% -1% 7% 15$159 -29% 15% -21% $158 -5% -4% -6% 66 144% 53% 74% 65% $159 1.7 15% 58% -1% 18% 7% -13% 2% $15894.0% -5% -2.4% -4% -1.8% -6% -3.1% 2% 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 $270,000, up 2.1% from 400 Prices $264,500 in July of 2015 and up 1.9% from $265,000 last The Median Sales Price Sales in JulyPrice was $270,000, 2.1% fromdown month. The Average in July wasup $286,933, 400 $264,500 in July of 2015 and up 1.9% from $265,000 last 350 1.4% from $291,105 in July of 2015 and down 4.8% from month. The Average Sales Price in July was $286,933, down $301,395 last month. July 2016 ASP was at a mid range 350 1.4% from $291,105 in July of 2015 and down 4.8% from 300 compared to July of 2015 and 2014. $301,395 last month. July 2016 ASP was at a mid range compared to July of 2015 and 2014. July 2016 Title Phone Agent Name Website TitleOther 16 County: Manassas Park City Agent Name 9 Market Action Report July 2016 300 250 Median Sales Price and Average Sales Price 3 Mo Avg 250 200 200 150 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 44 5.0 4.0 26 23 3.0 2.0 19 26 25 26 22 23 25 26 19 22 26 24 29 4.0 26 24 29 32 36 38 36 38 5.0 32 23 24 23 20 23 23 24 23 25 29 23 20 25 38 36 44 38 36 36 36 36 29 36 27 36 34 36 34 22 20 29 22 21 1520 10 24 20 27 29 30 17 20 A comparatively lower MSI is more beneficial for sellers while 20 a A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. 2016 of 1.7 higher is is better forfor buyers. TheThe JulyJuly 2016 MSIMSI of 1.7 10 monthswas was lowest level compared of 2015 months atat itsits lowest level compared withwith JulyJuly of 2015 and and 2014. 0 2014. 40 13 30 6.0 6.0 24 compared with July of 2015 and 2014. Total Inventory & Month's Supply of Inventory (MSI) 50 20 Inventory & MSI of Properties available for sale as of July The Total Inventory The Inventory of Properties available fordown sale as of July wasTotal 26, up 13.0% from 23 last month and 31.6% from 38 was 26, up fromJuly 23 last month and down from 38level 50 in July of 13.0% last year. 2016 Inventory was31.6% at its lowest incompared July of lastwith year. July July of2016 2015Inventory and 2014.was at its lowest level 40 15 17 13 21 150 1.0 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 68 | 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