MA ARCHIVED July 2016 | Page 70

Market Action Report

County: Prince William

Market Action Report

July 2016

Prince William

County: Prince William

Agent Name

July 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

Price Range: All | Properties: SFH - Con

Phone
Website
Month
Other
$489,000

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

LM

Trending versus*:
L3M PYM
LY

-0%

7%

$530,080 Trending
1% versus*:11%
Month
LM -6%
L3M PYM
LY
$400,000
-4% 1%
$489,000
-0%
7%
$412,019 -4% -1% 2%
$530,080
1%
11%
1,119 -7%
-31%
$400,000 -6% -4% 1%
1%
471 -7%
-3%
$412,019 -4% -1% 2%
2%
38 -3% -31%
-7% -10%
1,119 -7%
2%
6%
471$158
-7% 2% -3%
$153
1%
1%
1%
38 -3% -7% -10% -28%
$158 2.4
2% 0%
2% -2%
6% -29%
6%
$15397.8%
1% -.4%
1% -.2%
1% .9%4%

Average List Price of all Current Listings

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

2.4 0%
97.8% -.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

Property Sales

Trending versus*:
YTD
Prior YTD Prior
Year
$412,000
3%

1%

$413,561

2%

$412,000
2,658
$413,561

49
$154
2,658
49 $149
3.1
$154
$149 97.4%

-28%

6%
4%
-41%
1.3%

-.2%

600

4%

2%
3%

4%

2%

0%

4%
0%

2%
4%
2%

-8%

3%

3%

0%-8%

1%

3%

-24% 3%

-24%

0%

0% 1%

1%

3.1
-24%
.9% Number
1.3%
0%
of97.4%
Properties Sold

-2% -29%

July Property sales were 471, down 2.7% from 484 in July of
2015 and 6.7% lower than the 505 sales last month. July 2016
500
Property Sales
sales were at a mid level compared to July of 2015 and 2014. 600
July Property sales were 471, down 2.7% from 484 in July of
July YTD sales of 2,658 are running 3.9% ahead of last year's
2015 and 6.7% lower than the 505 sales last month. July 2016
500 400
year-to-date
of 2,558.
sales
were at a sales
mid level
compared to July of 2015 and 2014.
July YTD sales of 2,658 are running 3.9% ahead of last year's
year-to-date sales of 2,558.

Trending versus*:
Prior YTD Prior Year

YTD

-41%

-24%
1%

3 Mo Avg

Number of Properties Sold

3 Mo Avg

400 300
300 200

Prices

The Median Sales Price in July was $400,000, up 0.6% from
Prices
$397,620 in July of 2015 and down 5.9% from $425,000 last
The
Median
Sales
Price Sales
in JulyPrice
was $400,000,
0.6% from
month.
The
Average
in July wasup
$412,019,
up 1.6%450
$397,620 in July of 2015 and down 5.9% from $425,000 last
from $405,334 in July of 2015 and down 4.3% from $430,517 440
month. The Average Sales Price in July was $412,019, up 1.6%
last month. July 2016 ASP was at the highest level compared to
430
from $405,334 in July of 2015 and down 4.3% from $430,517
July of 2015 and 2014.
420
last month. July 2016 ASP was at the highest level compared to
July of 2015 and 2014.

410
400
390
380
370
360
350

Inventory & MSI

471

505

482

397

345

244

214

350

225

310

372

409

484

490

417

377

353

219

218

337

232

316

326

409

416

460

397

341

213

192

279

262

346

330

246

471

505

482

397

345

244

214

350

225

310

372

409

484

490

417

377

353

219

218

337

232

316

326

409

416

460

397

341

246

213

192

279

262

346

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

330

0

0
406

100

406

200 100

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

450
440
430
420
410
400
390
380
370
360
350

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)

6.0
5.0
4.0

1,211
1,220
1,197
1,119

1,073
1,087
1,073
1,054
9521,087
858 1,054
836 952
893
858
1,026
836
1,196
893
1,325
1,026
1,408
1,196
1,454
1,325
1,484
1,408
1,455
1,454
1,399
1,484
1,259
1,101 1,455
1,097 1,399
1,1211,259
1,101
1,224
1,0971,458
1,121 1,624
1,2241,613
1,623
1,458
1,4941,624
1,4821,613
1,424 1,623
1,196 1,494
979
1,482
910
1,424
888
1,196
1,094
979
1,211
910
1,220
888
1,197
1,094
1,119

Inventory
& MSI of Properties available for sale as of July
The Total Inventory
1,800
The
Inventory
of Properties
available
for sale
of July
wasTotal
1,119,
down 6.5%
from 1,197
last month
andasdown
31.1%
1,8001,600
was
1,119,
down
6.5%of
from
month
down 31.1%
from
1,623
in July
last1,197
year.last
July
2016and
Inventory
was at its
1,600
from
1,623
in July
of last with
year. July
Julyof
2016
Inventory
was at its
1,400
lowest
level
compared
2015
and 2014.
1,400
lowest level compared with July of 2015 and 2014.
1,200
1,200
1,000
1,000
800
800
A comparatively lower MSI is more beneficial for sellers while a 600 600
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
2016
of 2.4
400 400
higher
is is
better
forfor
buyers.
TheThe
JulyJuly
2016
MSIMSI
of 2.4
200
monthswas
was
lowest
level
compared
of 2015
months
atat
itsits
lowest
level
compared
withwith
JulyJuly
of 2015
and and 200
0
2014.
0
2014.

3.0
2.0

1.0

0.0
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
70
| 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.

6.0
5.0
4.0
3.0
2.0

1.0
0.0