MA ARCHIVED July 2016 | Page 74
July 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information
Price Range: All | Properties: SFH - Con
Phone
Website
Month
Other
$349,900
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con
LM
Trending versus*:
L3M PYM
LY
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
3.3 18%
97.4% -1.0%
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
-.2%
250
$285,657
4%
$260,000
1,112
$285,657
4%
12%
2%
58
$134
1,112
12%
58 $125 -13%
4.1 3%
$134
$125 97.2% 2%
-28%
5%
5%
-33%
1.8%
4%
2%
-13%
1%
4%
1%
-16%
3%
3%
2%
-16%
2%
-20% 3%
-17%
1% 2%
2%
-33%
-17%
2%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
150 100
193
230
186
178
131
100
94
163
113
142
158
159
176
200
164
142
135
91
108
88
108
137
129
139
151
164
162
129
123
89
112
113
116
134
145
80
193
230
186
178
131
94
163
113
142
158
159
176
200
164
142
135
91
88
108
108
137
129
139
164
162
129
123
89
80
112
113
100
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)
Inventory & MSI
646
651
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
647
641
646
594
651
537
647
524
641
574
594
629
537
707
524
762
574
707 797
629
781
762786
781
770
797
707
577 770
634786
589707
577 655
602
634
589
780
722
602
819
655
722
843
780
843
685
803
728
611
550685
622 704
676687
Total Inventory & Month's Supply of Inventory (MSI)
704
687
Inventory
& MSI of Properties available for sale as of July
The Total Inventory
The
of Properties
available
forand
saledown
as of 18.9%
July from 900
wasTotal
646,Inventory
down 0.8%
from 651 last
month
was
down
from July
651 last
month
and down
from 900 800
797646,
in July
of0.8%
last year.
2016
Inventory
was18.9%
at its lowest
800 700
797
in
July
of
last
year.
July
2016
Inventory
was
at
its
lowest
level compared with July of 2015 and 2014.
700
level compared with July of 2015 and 2014.
600
600
500
500
400
400
A comparatively lower MSI is more beneficial for sellers while 300
a 300
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
2016
of 3.3
200 200
higher
is is
better
forfor
buyers.
TheThe
JulyJuly
2016
MSIMSI
of 3.3
100
monthswas
was
lowest
level
compared
of 2015
months
atat
itsits
lowest
level
compared
withwith
JulyJuly
of 2015
and and100
0
2014.
0
2014.
611
559
260
250
240
230
220
210
200
Median Sales Price and Average Sales Price
300
290
280
270
260
250
240
230
220
210
200
550588
The Median Sales Price in July was $267,500, up 7.0% from
Prices
$249,950 in July of 2015 and up 4.2% from $256,750 last
The
Median
Sales
Price Sales
in JulyPrice
was $267,500,
7.0% fromup 3.6%
month.
The
Average
in July wasup$293,370,
300
$249,950 in July of 2015 and up 4.2% from $256,750 last
from $283,306 in July of 2015 and up 4.2% from $281,591 last290
month. The Average Sales Price in July was $293,370, up 3.6%
month. July 2016 ASP was at the highest level compared to July
280
from $283,306 in July of 2015 and up 4.2% from $281,591 last
of 2015 and 2014.
270
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
588 676
559 622
Prices
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
116
0
0
134
50
50
145
100
month. July 2016 ASP was at the highest level compared to July
of 2015 and 2014.
Trending versus*:
YTD
Prior YTD Prior
Year
$260,000
4%
7%
4.1
-20%
1.2% Number
1.8%
1%
of97.2%
Properties Sold
4% -26%
July Property sales were 193, up 9.7% from 176 in July of 2015
and 16.1% lower than the 230 sales last month. July 2016 sales
Property Sales
were at their highest level compared to July of 2015 and 2014. 250 200
July Property sales were 193, up 9.7% from 176 in July of 2015
July YTD sales of 1,112 are running 11.6% ahead of last year's
and 16.1% lower than the 230 sales last month. July 2016 sales
year-to-date
sales of
996.
200 150
were
at their highest
level
compared to July of 2015 and 2014.
July YTD sales of 1,112 are running 11.6% ahead of last year's
year-to-date sales of 996.
Trending versus*:
Prior YTD Prior Year
YTD
8%
$409,844 Trending
1% versus*: 9%
Month
LM 4%
L3M PYM
LY
$267,500
2% 7%
$349,900
0%
8%
$293,370 4%
2% 4%
$409,844
1%
9%
646 -1%
-19%
$267,500 4%
2% 7%
7%
193 -16%
10%
$293,370 4%
2% 4%
4%
50 22% -19%
-6% -17%
646 -1%
2%
5%
193$137
-16% 2% 10%
$129
2%
1%
6%
50 22% -6% -17% -28%
$137 3.3
2% 18%
2% 4%
5% -26%
5%
$12997.4%
2% -1.0%
1% -.2%
6% 1.2%
5%
Average List Price of all Current Listings
151
County: Spotsylvania
Agent Name
803
Market Action Report
July 2016
Spotsylvania
819
County: Spotsylvania
728
Market Action Report
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
74
| ccourtesy
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
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