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