MA ARCHIVED July 2017 | Page 36

Market Action Report July 2017 County: Arlington ARLINGTON Market Action Report Agent Name Community Information County: Arlington 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 Trending versus*: Prior YTD Prior Year YTD $1,499,000 0% -4% Trending versus*: $1,573,771 Trending -2% versus*: -2% Month LM L3M PYM LY YTD Prior YTD Prior Year $1,325,000 2% $1,317,000 1% 1% $1,499,000 0% -1% 2% -4% 2% $1,449,284 2% $1,412,063 0% 0% $1,573,771 -2% 2% 3% -2% 6% $1,325,000 142 -1% -11% 2% 2% -20% 2% $1,317,000 1% 1% 44 -23% 272 $1,449,284 2% 3% 6% 5% 2% $1,412,063 0% 28% 0% 57 68% 33% 54 0% 2% 142 -11% -20% 97% 8% 2% 0% 44 $394 -23% -5% 3% 5% 6% 272 $385 28% 0% 57 $369 68% 8% 33% 4% 97% 3% 8% -2% 54 $353 0% -4% 2% -6% $394 3.2 -5% 16% 3% 5% 6% -23% 2% -44% $385 0% -23% 0% 4.5 -22% $369 97.7% 8% .1% 4% .1% 3% .8% -2% 1.3% $353 97.2% -4% 0% -6% 1% 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 * LM=Last Month / L3M=Last / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 3.2 16% July Month's Supply 3 Months of Inventory 97.7% .1% July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Number of Properties Sold 3 Mo Avg 31 28 0 10 10 20 20 30 40 30 Prices 3 Mo Avg 50 40 0 5% -23% -44% 4.5 -23% -22% .1% .8% 1.3% 0% Sold 1% Number of 97.2% Properties 60 July Property sales were 44, up 4.8% from 42 in July of 2016 and 22.8% Sales lower than the 57 sales last month. July 2017 sales Property 60 were at their sales highest compared to July 2016 and 2015. July Property were level 44, up 4.8% from 42 in of July of 2016 July YTD sales of 272 are running 28.3% ahead of last year's and 22.8% lower than the 57 sales last month. July 2017 sales 50 year-to-date sales of 212. were at their highest level compared to July of 2016 and 2015. Property Sales July YTD sales of 272 are running 28.3% ahead of last year's year-to-date sales of 212. July 2017 Title Phone Agent Name Website Title Other 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 14 15 The Median Sales Price in July was $1,325,000, up 2.1% from Prices 1,700 $1,297,500 in July of in 2016 0.8% from $1,336,250 The Median Sales Price July and was down $1,325,000, up 2.1% from 1,700 last month. Sales Price in July $1,449,284, up $1,297,500 in The July Average of 2016 and down 0.8% from was $1,336,250 1,600 6.0% from The $1,367,046 July of 2016 and up $1,449,284, 1.6% from up last month. Average in Sales Price in July was 1,600 $1,426,326 last month. July 2017 ASP was at the highest level 6.0% from $1,367,046 in July of 2016 and up 1.6% from 1,500 compared last to July of 2016 $1,426,326 month. July and 2017 2015. ASP was at the highest level 1,500 1,400 compared to July of 2016 and 2015. 16 17 Median Sales Price and Average Sales Price Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 1,400 1,300 1,300 1,200 1,200 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) Total Inventory & Month's Supply of Inventory (MSI) 100 100 comparatively lower MSI is more beneficial for sellers a A A comparatively lower MSI is more beneficial for sellers while while a 50 higher MSI MSI better buyers. 2017 of 3.2 higher is is better for for buyers. The The July July 2017 MSI MSI of 3.2 months at at its its lowest level compared with with July July of 2016 and and months was was lowest level compared of 2016 0 2015. 2015. 10.0 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 142, down 10.7% from 159 last month and down 19.8% from 200 was 142, down 10.7% from 159 last month and down 19.8% from 200 177 in in July July last year. July 2017 Inventory a mid 177 of of last year. July 2017 Inventory was was at a at mid level level compared with July 2016 2015. compared with July of of 2016 and and 2015. 150 150 50 8.0 8.0 6.0 6.0 4.0 4.0 2.0 2.0 0.0 0 A S A O N D N J F D M J A F M J A J 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 14 14 15 16 17 15 16 17 Copyright © | Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Pro perty Types: SFH - Con 36 coldwellbankerluxury.com 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. 10.0 0.0