MA ARCHIVED July 2017 | Page 48

Market Action Report
County: Prince William
PRINCE
WILLIAM
Market Action Report
July 2017
Agent Name
July 2017
Title
Phone
Agent
Name
Website
Title
Other
Community
County: Prince Information
William
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
$1,275,000 2%
2%
Trending versus*:
$1,506,634 Trending
1% versus*:
-11%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,050,000
-2%
-3%
$1,275,000
2% -28% -5%
2% -9% -7% $1,100,000
$1,050,000
-1%
2%
$1,506,634
1% -28% -16%
-11% -9% -12% $1,208,771
33 0%
$1,050,000 -28%
-5% -9% -6%
-7% $1,100,000
-2%
-3%
1 0%
11
-8% 2%
$1,050,000 -28%
-16% -9% -50%
-12% $1,208,771
-1%
3 -40% -95%
76 -55%
-45%
33 0%
-6% -98% -98%
3%
-13%
1 $195
0% 34% 13%
-50% 2%
11 $166
-8% -12%
3 $105
-40% -27%
-95% -23%
-98% -23%
-98% -35%
76 $160
-55% 0% -45% -1%
$195 33.0
34% 0%
13% 18%
2% 89%
3% 103% $166 23.8
-12% 41% -13% 46%
$105 90.9%
-27% -6.6%
-23% -5.4%
-23% 4.4%
-35% -5.5% $160 92.5%
0%
-8% -1%
-4%
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 33.0
July
Month's
Supply 3 Months
of Inventory
0% 18% 89% 103%
23.8
41%
46%
90.9% -6.6% -5.4% 4.4% -5.5%
-8% Sold -4%
Number of 92.5%
Properties
Prices
4
3 Mo Avg
14
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
Median Sales Price
and Average Sales 17
Price
15
The Median Sales Price in July was $1,050,000, down 9.5%
Prices
1,700
from
$1,160,000
in July
of 2016
and down 28.1%
The
Median
Sales Price
in July
was $1,050,000,
down from
9.5%
$1,460,000
last in month.
The Average
Sales
Price
in July was 1,700 1,600
from
$1,160,000
July of 2016
and down
28.1%
from
$1,050,000,
9.5%
from
$1,160,000
in July
of 2016
$1,460,000
last down
month.
The
Average
Sales Price
in July
was and 1,600
1,500
down 28.1% down
from 9.5%
$1,460,000
last month.
July
$1,050,000,
from $1,160,000
in July
of 2017
2016 ASP
and was at
the lowest
July
of 2016
and
2015.
down
28.1% level
from compared
$1,460,000 to last
month.
July
2017
ASP was at 1,500 1,400
the lowest level compared to July of 2016 and 2015.
0
0
1
1
2 2
3 3
4
mid level compared to July of 2016 and 2015. July YTD sales of
11 are running 8.3% behind last year's year-to-date sales of 12.
Number of Properties Sold
6
July Property sales were 1, down 50.0% from 2 in July of 2016
and the same
as the 1 sales last month. July 2017 sales were at a 5
Property
Sales
6
mid Property
level compared
to 1,
July
of 2016
2015.
July of
YTD
sales of
July
sales were
down
50.0% and
from
2 in July
2016
11
are
running
8.3%
behind
last
year's
year-to-date
sales
of
12.
and the same as the 1 sales last month. July 2017 sales were at a 5
4
3 Mo Avg
Property Sales
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Sale Price vs List Price Ratio
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,400
1,300
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
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
40
35
30
25
20
15
10
5
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 33, equal to 33 last month and down 5.7% from 35 in July of
was 33, equal to 33 last month and down 5.7% from 35 in July of 40
last year.
year. July
July
2017
Inventory
a mid
compared
35
last
2017
Inventory
was was
at a at mid
level level
compared
with with
July of of 2016
2016
and
2015.
July
and
2015.
30
25
20
15
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
higher MSI
MSI
better
buyers.
2017
of 33.0 10
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 33.0
months
at at
its its
highest
level
compared
with with
July July
of 2016
and and 5
months was
was
highest
level
compared
of 2016
0
2015.
2015.
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
48
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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.
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0