MA ARCHIVED July 2017 | Page 50

Market Action Report
July 2017
County: Spotsylvania
SPOTSYLVANIA
Market Action Report
Agent Name
Community
Information
County: Spotsylvania
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
$1,199,500 -0%
-4%
Trending versus*:
$1,379,064 Trending
0% versus*: 2%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,076,600
0%
-20%
-20%
$1,199,500
-0%
-4% -18% -20% $1,076,600
$1,076,600
0%
-21%
-21%
$1,379,064
0%
2% -18% -21% $1,076,600
$1,076,600 14 0%
0% -18% 27%
-20% $1,076,600
-20%
-20%
1 0% -18% -50%
1 -67%
$1,076,600
-21% $1,076,600
-21%
-21%
0%
103 -11%
-26%
14 103
0%
27% -41% -26%
10%
1 $301 52% 25%
-50% 41% 43%
1 $230
-67% 6%
103 $134
0% -41%
-26% -34%
103 $134
-11% -40%
-26% -34%
0% -45%
$301 14.0
52% 0%
25% 0%
41% 155%
43% 107% $230 14.0
6% 93% 10% 107%
$134 86.1% 0% -.0%
-45% .9%
-34% -6.5% $134 86.1%
-40% -4% -34% -6%
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 F oot
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 14.0
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
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2
2
of 1 are running 66.7% behind last year's year-to-date sales of 3.
2
1
1
1
0
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
0
1
1
-1
0% 155% 107%
14.0
93%
107%
-.0% .9% -6.5%
-4% Sold -6%
Number of 86.1%
Properties
3
July Property sales were 1, down 50.0% from 2 in July of 2016
and higher Sales
than the 0 sales last month. July 2017 sales were at
Property
3
a mid
level compared
2016 from
and 2015.
July
July
Property
sales were to
1, July
down of 50.0%
2 in July
of YTD
2016 sales
of
1
are
running
66.7%
behind
last
year's
year-to-date
sales
of
3.
and higher than the 0 sales last month. July 2017 sales were at
2
a mid level compared to July of 2016 and 2015. July YTD sales
0
0%
86.1%
July Sale Price vs List Price Ratio
Prices
July 2017
Title
Phone
Agent
Name
Website
Title
Other
-1 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
14
15
16
17
Median Sales Price and Average Sales Price
The Median Sales Price in July was $1,076,600, down 18.4%
Prices
1,500
from
$1,319,000
in July
of 2016
and up from
$0 last
month.
The
Median
Sales Price
in July
was $1,076,600,
down
18.4%
The $1,319,000
Average Sales
Price
July and
was
18.4% 1,500 1,450
from
in July
of in
2016
up $1,076,600,
from $0 last down
month.
from
$1,319,000
in July
of 2016
up from down
$0 last
month. 1,450 1,400
The
Average
Sales Price
in July
was and
$1,076,600,
18.4%
July $1,319,000
2017 ASP was
at the
lowest
compared
July of 2016 1,400 1,350
from
in July
of 2016
and level
up from
$0 last to month.
1,350 1,300
and 2017
2015.
July
ASP was at the lowest level compared to July of 2016
1,300 1,250
and 2015.
1,250 1,200
1,200 1,150
1,150 1,100
1,100 1,050
1,050 1,000
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
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 27.3% from 11 in July of 16
was 14, equal to 14 last month and up 27.3% from 11 in July of
last year.
year. July
July
2017
Inventory
at highest
its highest
compared
14
last
2017
Inventory
was was
at its
level level
compared
with July
July
2016
and
2015.
with
of of
2016
and
2015.
12
10
8
6
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
4
higher MSI
MSI
better
buyers.
2017
of 14.0
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 14.0
months
at at
its its
highest
level
compared
with with
July July
of 2016
and and 2
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
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Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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| Coldwell
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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.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0