MA ARCHIVED July 2017 | Page 44

Market Action Report
July 2017
County: Fauquier
FAUQUIER
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Fauquier
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
$2,495,000 9%
16%
$3,889,068 Trending
2% versus*:
12%
Month
LM L3M PYM
LY
$1,400,000
$2,495,000
9% -14% 1%
16%
$1,652,000
$3,889,068
2% -1% -4%
12%
73 1%
-14%
$1,400,000 -14%
1%
-31%
3 0%
$1,652,000 -1%
-4%
-37%
73 161
1% -78% -52%
-14%
3 $750
0% 41% 30% 72%
161 $197
-78% -52% -27% 12%
$750 24.3
41% 1%
30% 24%
72% 0%
64%
$197 93.0% 32.7%
-27% 12.3% -27%
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)
Ju ly 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 24.3
July
Month's
Supply 3 Months
of Inventory
1% 24% 0%
93.0% 32.7% 12.3%
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
Property Sales
8
July Property sales were 3, up from 0 in July of 2016 and the
7
same as the
3 sales last month. July 2017 sales were at their
Property
Sales
8
highest
level sales
compared
of 0
2016
and of 2015.
July the
YTD sales
July
Property
were 3, to up July
from
in July
2016 and
6
of 21 as are
133.3%
ahead
of 2017
last year's
year-to-date
same
the running
3 sales last
month.
July
sales were
at their sales 7
of 9. level compared to July of 2016 and 2015. July YTD sales
5
highest
-31% $1,375,000
-37% $1,726,000
$1,375,000
$1,726,000
-42%
-49%
-33%
-34%
-42%
-33%
21 133%
-49%
-34%
12%
326 167%
126%
64%
5%
21 $480
133% 0%
326 $233
167% -25%
126% -14%
-27%
0% -35% 5%
-56% $480 34.5
-38%
-25% -7% -14% -8%
5.2% $233 81.2%
-56%
34.5 -35%
-38%
5.2%
-7% Sold -8%
Number of 81.2%
Properties
3 Mo Avg
Number of Properties Sold
3 Mo Avg
6
0
1 1
2 2
3 3
4 4
5
Prices
14
15
The Median Sales Price in July was $1,400,000, up from $0 in
Prices
8,000
July
of 2016
and Price
down
from
$1,625,000
month.
The
Median
Sales
in 13.8%
July was
$1,400,000,
up last
from
$0 in The
Average
Sales
July was
up month.
from $0 The
in July
8,000 7,000
July
of 2016
and Price
down in 13.8%
from $1,652,000,
$1,625,000 last
of 2016 Sales
and down
0.8%
$1,665,000 up
last from
month.
Average
Price in
July from
was $1,652,000,
$0 in July
July 2017
7,000
was
the highest
level $1,665,000
compared last
to July
of 2016
of ASP
2016
and at down
0.8% from
month.
July and
2017 2015. 6,000
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
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
ASP was at the highest level compared to July of 2016 and 2015.
Trending versus*:
Prior YTD Prior Year
YTD
6
of 21 are running 133.3% ahead of last year's year-to-date sales
of 9.
Trending versus*:
Prior YTD Prior Year
YTD
16
Median Sales Price
and Average Sales 17
Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
6,000
5,000
5,000
4,000
4,000
3,000
3,000
2,000
2,000
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
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of July
40
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
2017
of 24.3
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 24.3
20
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.
80.0
60
100.0
60
The Total Inventory of Properties available for sale as of July
was 73, up 1.4% from 72 last month and down 14.1% from 85 in 100 100
was 73, up 1.4% from 72 last month and down 14.1% from 85 in
July of of last
last
year. July
July
2017
Inventory
at lowest
its lowest
July
year.
2017
Inventory
was was
at its
level level
80 80
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
100.0
80.0
60.0 60.0
40 40.0 40.0
20 20.0 20.0
0.0
0
A S A
O N
J F D M J A F M M J A J M A J S J O A N S D O J N F D
M J A 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 D
O N
F M
14 14
15
16
17
15
16
17
0.0
Copyright © | Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
44
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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.