MA ARCHIVED July 2017 | Page 42

Market Action Report
July 2017
Agent Name
* LM=Last
Month / L3M=Last
/ PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 2.8 40% 35% 24% -40%
July
Month's
Supply 3 Months
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property Sales
12
July Property sales were 5, up 25.0% from 4 in July of 2016 and
28.6% lower
than the 7 sales last month. July 2017 sales were at 10
Property
Sales
12
their
highest sales
level were
compared
to July
of 2016
and of
2015.
July
Property
5, up 25.0%
from
4 in July
2016 July
and YTD
sales
of
32
are
running
39.1%
ahead
of
last
year's
year-to-date
28.6% lower than the 7 sales last month. July 2017 sales were at 10
8
sales highest
of 23. level compared to July of 2016 and 2015. July YTD
their
Prices
3 Mo Avg
0
14
3
16
17
Median Sales Price
and Average Sales Price
15
The Median Sales Price in July was $1,175,000, down 8.0% from
Prices
1,600
$1,277,000
in July
of in
2016
10.6% down
from 8.0%
$1,315,000
The
Median Sales
Price
July and
was down
$1,175,000,
from
last month.
Sales
Price
in July
was
$1,185,745, 1,600 1,500
$1,277,000
in The
July Average
of 2016 and
down
10.6%
from
$1,315,000
down
10.1%
from
$1,318,500
in July
of 2016
and down 9.8%
last
month.
The
Average
Sales Price
in July
was $1,185,745,
1,500
from 10.1%
$1,314,507
last month.
2017
ASP
at the
lowest
down
from $1,318,500
in July
July of
2016
and was
down
9.8%
1,400
level $1,314,507
compared last
to July
of 2016
from
month.
July and
2017 2015.
ASP was at the lowest
1,400
1,300
level compared to July of 2016 and 2015.
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
0
2
2
4 4
6 6
3 Mo Avg
Number of Properties Sold
8
0%
-6%
1%
-16%
4%
3.9
2%
-16%
97.9% -1.3% -.8% -1.0% 2.4%
2% Sold 4%
Number of 99.2%
Properties
July Sale Price vs List Price Ratio
sales of 32 are running 39.1% ahead of last year's year-to-date
sales of 23.
-3%
July
Foot Ratio
July Sold
Sale Price
Price per
vs Square
List Price
Asking
Price per Supply
Square of Foot
(based on New Listings)
July Month's
Inventory
-3%
-3%
39% -3%
-8%
-6%
1% 0%
2% -6%
2% 1%
-50%
46
-15%
32 $308
39%
46 $326
-8%
14%
-6%
-40% $308
3.9
1%
2.4% $326 99.2%
July
Days per
on Square
Market Foot
(Solds)
July Average
Sold Price
-3%
-5%
-3%
32
-5%
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
July Properties
Average Days
on Market
(Solds)
Total
Currently
for Sale
(Inventory)
$1,259,875
$1,275,051
July Average
Number
of Properties
Sold
July
Sales
Price
3
Total
Properties
Currently for Sale (Inventory)
July
Median
Sales Price
-9% $1,259,875
-10% $1,275,051
July Average
Sales
Price
Average
List Price
of all
Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Market Profile & Trends Overview
July Median
Sales
Price
Median
List Price
of all
Current Listings
$1,387,475 -1%
-7%
$1,374,131 Trending
-2% versus*:
-5%
Month
LM L3M PYM
LY
$1,175,000
$1,387,475
-1% -11% -9%
-7% -8%
$1,185,745
$1,374,131
-2% -10% -8%
-5% -10%
14 0%
$1,175,000 -11%
-9% -8% 56%
-9%
5 -29%
$1,185,745 -10%
-8% -10% 25%
-10%
23 -56% -56%
14 0%
56% 283%
5 $277
-29% -15% -12%
25% -24%
23 $367
-56% 7%
-56% 12%
283% -50%
8%
$277 -15%
-12% 35%
-24% 24%
-15%
2.8 40%
$367 97.9%
7% -1.3%
12% -.8%
8% -1.0%
14%
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
L3M PYM
LY
LM
Phone
Website
Month
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Community
County: Falls Information
Church City
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
July 2017
Title
Phone
Agent
Name
Website
Title
Other
County: Falls Church
City
FALLS
CHURCH
Market Action
Report
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,300
1,200
1,200
1,100
1,100
1,000
1,000
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
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
18
16
14
12
10
8
6
4
2
0
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 14, equal to 14 last month and up 55.6% from 9 in July of 18
was 14, equal to 14 last month and up 55.6% from 9 in July of
last year.
year. July
July
2017
Inventory
at highest
its highest
compared
16
last
2017
Inventory
was was
at its
level level
compared
with July
July
2016
and
2015.
14
with
of of
2016
and
2015.
12
10
8
comparatively
lower
MSI
is more
beneficial
for sellers
a 6
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
4
higher MSI
MSI
better
buyers.
2017
of 2.8
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 2.8
2
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
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
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42
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© 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