MA ARCHIVED July 2017 | Page 46

Market Action Report
July 2017
County: Loudoun
LOUDOUN
Market Action Report
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Loudoun
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
$1,397,495 0%
-0%
$2,045,568 Trending
1% versus*: 0%
Month
LM L3M PYM
LY
$1,200,000
$1,397,495
0% -4% -2%
-0% 9%
$1,313,915
$2,045,568
1% -2% -2%
0% 6%
$1,200,000 200
-4% -5%
-2% 9% 23%
3%
11 -52%
$1,313,915 -2%
-2% 6% -15%
0%
84 42% 31%
200 -5%
23% -59%
11 $220
-52% -4% -3%
-15% 20%
84 $160
42% -23%
31% -16%
-59% -3%
-18%
$220 18.2
-4% 99%
-3% 14%
20% 45%
-9%
$160 95.3%
-23% 2.1%
-16% 1.1%
-3% 8.7%
-17%
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 18.2 99% 14% 45%
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
1%
75
-3%
4%
2%
4%
14% 2%
-18%
67 -39%
-34%
-9%
-5%
75 $230
14% -2%
67 $195
-39% 1% -34%
-17%
1%
-2% 71% -5% 100%
-4% $230 37.8
1%
3.4% $195 93.9%
2% 1%
2%
3 Mo Avg
3 Mo Avg
10
14
13
0
5
5
Prices
$1,215,000
$1,341,082
1%
-3%
15
10
14
15
The Median Sales Price in July was $1,200,000, up 9.1% from
Prices
2,200
$1,100,000
in July
of in
2016
3.6% from
$1,245,000
The
Median Sales
Price
July and
was down
$1,200,000,
up 9.1%
from
last month. in The
Sales
Price 3.6%
in July
$1,313,915, up 2,200 2,000
$1,100,000
July Average
of 2016 and
down
from was
$1,245,000
5.7%
from The
$1,243,385
July Price
of 2016
and was
down
2.0% from
last
month.
Average in
Sales
in July
$1,313,915,
up
2,000
$1,340,803
last month.
July
was at 2.0%
the highest
5.7%
from $1,243,385
in July
of 2017
2016 ASP
and down
from level
1,800
compared last
to July
of 2016
$1,340,803
month.
July and
2017 2015.
ASP was at the highest level
1,800
1,600
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
$1,215,000
$1,341,082
20
15
3%
0%
Number of Properties Sold
YTD sales of 75 are running 13.6% ahead of last year's year-to-
date sales of 66.
25
July Property sales were 11, down 15.4% from 13 in July of 2016
and 52.2% Sales
lower than the 23 sales last month. July 2017 sales
Property
25
were
at a mid
level
compared
July of
2016
2015.
July
July
Property
sales
were
11, down to 15.4%
from
13 and
in July
of 2016
YTD
sales
of
75
are
running
13.6%
ahead
of
last
year's
year-to-
and 52.2% lower than the 23 sales last month. July 2017 sales
20
date at sales
of level
66. compared to July of 2016 and 2015. July
were
a mid
Trendin g versus*:
Prior YTD Prior Year
YTD
-4%
37.8
71%
100%
95.3% 2.1% 1.1% 8.7% 3.4%
2% Sold 2%
Number of 93.9%
Properties
July Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
16
17
Median Sales Price
and Average Sales Price
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
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)
Total Inventory & Month's Supply of Inventory (MSI)
150 150
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
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 200, down 4.8% from 210 last month and up 22.7% from 250 250
was 200, down 4.8% from 210 last month and up 22.7% from
163 in in July
July
last
year.
July
2017
Inventory
its highest
163
of of
last
year.
July
2017
Inventory
was was
at its at highest
200 200
level compared
compared
with
July
of 2016
2015.
level
with
July
of 2016
and and
2015.
100 100
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 18.2
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 18.2
50 50
months
at at
its its
highest
level
compared
with with
July July
of 2016
and and
months was
was
highest
level
compared
of 2016
0
2015.
0
2015.
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
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
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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.