MA ARCHIVED July 2017 | Page 53

Market Action Report
July 2017
County: Washington DC
WASHINGTON,
D.C.
Market Action Report
Agent Name
Community
Information
County: Washington
DC
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
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 2.5 -7%
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
$1,431,000
$1,856,406
-1%
9%
-1%
0%
4%
0%
413
9% 30% 4%
-54%
43 -10%
6%
413 $705
30% 15%
43 $621
-10% 8% -10%
7%
15% -21% 10%
-39% $705
3.4
8%
1.9% $621 97.4%
0% 10%
-10%
10%
10%
-19%
1%
3 Mo Avg
3 Mo Avg
50
40
44
39
0
10
10 20 20
30
30
0
$1,431,000
$1,856,406
60
40
4%
8%
70
50
Trending versus*:
Prior YTD Prior Year
YTD
Number of Properties Sold
80
60
90
July Property sales were 72, up 33.3% from 54 in July of 2016
and 8.9% lower
Property
Sales than the 79 sales last month. July 2017 sales 90
were
at their sales
highest
compared
to July
2016
July
Property
were level
72, up
33.3% from
54 in of July
of and
2016 2015.
July
YTD lower
sales than
of 413
running
of last
year's 80
and
8.9%
the are
79 sales
last 29.9%
month. ahead
July 2017
sales
year-to-date
sales of
318.
were
at their highest
level
compared to July of 2016 and 2015.
70
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
-2% -20% -39%
3.4 -21%
-19%
.8% 2.7% 1.9%
0% Sold 1%
Number of 97.4%
Properties
98.5% .0%
July Sale Price vs List Price Ratio
Prices
Trending versus*:
L3M PYM
LY
$1,999,450 2%
-0%
$2,990,174 Trending
6% versus*:
11%
Month
LM L3M PYM
LY
$1,500,000
$1,999,450
2% 8% 6%
-0% 10%
$1,922,041
$2,990,174
6% 10% 7%
11% 14%
$1,500,000 182
8% -15%
6% 10% 7%
4%
72 -9%
$1,922,041 10%
7% 14% 33%
8%
22 -33% -39%
182 -15%
7% -56%
72 $681
-9% -4% -3%
33% 14%
22 $606
-33% 3%
-39% -56%
-54%
1% 11%
$681 2.5
-4% -7%
-3% -2%
14% -20%
6%
$606 98.5%
3% .0%
1% .8%
11% 2.7%
7%
Average List Price of all Current Listings
July YTD sales of 413 are running 29.9% ahead of last year's
year-to-date sales of 318.
July 2017
Title
Phone
Agent
Name
Website
Title
Other
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
14
16
17
Median Sales Price
and Average Sales Price
15
The Median Sales Price in July was $1,500,000, up 10.1% from
Prices
2,400
$1,362,500
in July
of in
2016
8.3% from up $1,385,000
The
Median Sales
Price
July and
was up
$1,500,000,
10.1% from last
2,400
month. The
Average
Sales
Price
in July
was $1,385,000
$1,922,041,
$1,362,500
in July
of 2016
and
up 8.3%
from
last up
2,200
13.9% from
$1,686,977
July in of July
2016
and
up 10.3% up
from
month.
The Average
Sales in
Price
was
$1,922,041,
2,200
$1,743,192
last
month.
July
2017
ASP
was
at
the
highest
level
13.9% from $1,686,977 in July of 2016 and up 10.3% from
2,000
compared last
to July
of 2016
$1,743,192
month.
July and
2017 2015.
ASP was at the highest level
2,000
1,800
compared to July of 2016 and 2015.
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
1,600
1,600
1,400
1,400
1,200
1,200
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
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
150 150
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 182, down 15.0% from 214 last month and up 7.1% from 170 250
was 182, down 15.0% from 214 last month and up 7.1% from 170 250
July of of
last
year.
July
2017
Inventory
at highest
its highest
in in July
last
year.
July
2017
Inventory
was was
at its
level level
200 200
compared
with
July
2016
2015.
compared
with
July
of of
2016
and and
2015.
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 2.5
higher
is is
better
for for
buyers.
The The
July July
2017
MSI MSI
of 2.5
50 50
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.
0
2015.
A S A
O N
D N
J F D M J A F 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 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
14 14
15
16
17
15
16
17
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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.
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0