MA ARCHIVED July 2017 | Page 34

Market Action Report
July 2017
County: Alexandria City
ALEXANDRIA
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Alexandria
City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
$1,500,000 4%
7%
$1,853,714 Trending
1% versus*:
-1%
Month
LM L3M PYM
LY
$1,153,750
$1,500,000
4% -12% -4%
7% -4%
$1,274,642
$1,853,714
1% -7% -2%
-1% -8%
49 -11%
$1,153,750 -12%
-4% -4% 14%
-4%
12 -33%
$1,274,642 -7%
-2% -8% 0%
-9%
60 233% 50%
49 -11%
14% 50%
12 $400
-33% -2% -3%
0% 52%
60 $327
233% -14%
50% -14%
50% -2%
5%
$400 4.1
-2% 34%
-3% -29%
52% 14%
-1%
$327 96.9%
-14% -1.3%
-14% .3%
-2% .2%
-12%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median
Sales
Price
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 Average
Number
of Properties
Sold
July
Sales
Price
July Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
July
Days per
on Square
Market Foot
(Solds)
July Average
Sold Price
Asking
Price per Supply
Square of Foot
(based on New Listings)
July Month's
Inventory
July
Foot Ratio
July Sold
Sale Price
Price per
vs Square
List Price
$1,200,000
$1,348,041
3 Mo Avg
3 Mo Avg
10
8
6
6
0
2
2
4
4
6
14
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
14
15
16
17
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
16
17
Median Sales Price
and Average Sales Price
15
The Median Sales Price in July was $1,153,750, down 3.8% from
Prices
$1,199,500
in July
of in
2016
12.4% down
from 3.8%
$1,317,500
The
Median Sales
Price
July and
was down
$1,153,750,
from
2,100
last month.
The Average
Sales
Price
in July
was
$1,274,642,
$1,199,500
in July
of 2016 and
down
12.4%
from
$1,317,500
2,100
down
7.9%
from
$1,384,500
in
July
of
2016
and
down
7.1%
last month. The Average Sales Price in July was $1,274,642,
1,900
from 7.9%
$1,372,726
last month.
July of 2017
at 7.1%
a mid range
down
from $1,384,500
in July
2016 ASP
and was
down
1,900
compared
to July
2016 and
from
$1,372,726
last of month.
July 2015.
2017 ASP was at a mid range
1,700
compared to July of 2016 and 2015.
-21%
4%
2%
19%
1%
12
8
Prices
0%
61
1% 15% -3%
5%
45 -10%
-1%
61 $419
15% 12%
45 $381
-10% 11% -21%
-12%
12% 21% 4%
-34% $419
7.4
11% -1% 2%
2.0% $381 96.1%
14
10
0
0%
0%
-3%
16
12
0%
1%
Number of Properties Sold
18
date sales of 53.
20
July Property sales were 12, equal to 12 in July of 2016 and
33.3% lower
than the 18 sales last month. July 2017 sales were
Property
Sales
20
at their
highest
level
to 12
July
2016
and and
2015. July
July
Property
sales
were compared
12, equal to
in of
July
of 2016
18
YTD
sales
of
61
are
running
15.1%
ahead
of
last
year's
year-to-
33.3% lower than the 18 sales last month. July 2017 sales were
16
of 53.
at date
their sales
highest
level compared to July of 2016 and 2015. July
YTD sales of 61 are running 15.1% ahead of last year's yea r-to-
14
Property Sales
$1,200,000
$1,348,041
7.4
21%
19%
.2% 2.0%
-1% Sold 1%
Number of 96.1%
Properties
96.9% -1.3% .3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Trending versus*:
Prior YTD Prior Year
YTD
-4%
-9%
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 4.1 34% -29% 14% -34%
July
Month's
Supply 3 Months
of Inventory
July Sale Price vs List Price Ratio
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,700
1,500
1,500
1,300
1,300
1,100
1,100
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
A S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
15 A M J J A S O N D J F M 16
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
10
0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
20
30
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 20
higher MSI
MSI
better
buyers.
2017
of 4.1
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 4.1
10
months
at at
a mid
level
compared
with
July July
of 2016
and and
2015. 2015.
months was
was
a mid
level
compared
with
of 2016
0
40
30
50
40
60
70
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of July
The Total Inventory of Properties available for sale as of July
was 49, down 10.9% from 55 last month and up 14.0% from 43 70
was 49, down 10.9% from 55 last month and up 14.0% from 43
July of of
last
year.
July
2017
Inventory
at highest
its highest
in in July
last
year.
July
2017
Inventory
was was
at its
level level 60
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
50
A S A O N
D N
J F D M J A F M
A S J O J N A D S J O F N M D A J M F J M J A M J J
S O
M J A J M A J S J O A N S D O J N F D M J A M
F M J A J M
14 14
15
16
17
15
16
17
Copyright © | Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
34
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Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Coastal Association of REALTORS of 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
Data is provided courtesy of Coastal Association of REALTORS of 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
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0