MA ARCHIVED June 2016 | Page 44

Market Action Report

Alexandria

County: Alexandria City

June 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Con

Phone
Website
Month
Other
$1,472,500

Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up |of
Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM
LY

18%
10%
$1,904,410 Trending
12% versus*:
11%
Month
LM 14%
L3M 13%
PYM 21%
LY
$1,349,785
$1,472,500 18%
10%
$1,325,180 11% 6% -1%
$1,904,410 12%
11%
48 -2%
0%
$1,349,785 14% 13% 21% 13%
7 -46%
-56%
$1,325,180 11% 6% -1% -3%
27 -57% -40%
48 -2%
0% -64%
$405
3%
1%
7 -46%
-56% 9%
$377
16%
11%
27 -57% -40% -64% 20%
-53%
$405 6.9
3% 82%
1% 1%
9% 129%
5%
$37798.3%
16% 1.0%
11% 1.1%
20% 4.0%
2%

Average List Price of all Current Listings

Market
Profile
& Trends
June Median
Sales
Price Overview
Median List Price of all Current Listings

June Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

June Median Sales Price

June Number of Properties Sold

June Average Sales Price

June Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking
Priceof
per
Square Foot
June
Number
Properties
Sold (based on New Listings)
JuneAverage
Sold Price
June
Daysper
on Square
Market Foot
(Solds)

June Month's
Inventory
Asking
Price perSupply
Square of
Foot
(based on New Listings)
JuneSold
SalePrice
Priceper
vsSquare
List Price
June
FootRatio

Trending versus*:

$1,200,000
$1,320,971

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

3 Mo Avg

12
10
8

6

8

13

7

4

4

8

5

6

7

6

10

6

16

7

9

7

9

9

5

8

6

7

4

9

10

7

11

6

5

1

5

7

3

4

13

7

4

4

8

5

6

7

6

6

10

7

16

9

7

9

9

5

7

4

9

7

10

6

11

4

5

1

5

7

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 O N D J F M A M J
13
14
15
16
3

11

0

6

11

2

4

5

4

6

0

3 Mo Avg

14

10

2

-7%
1%
-6%
21%
1%

Number of Properties Sold

16

5

12

18

6

June YTD sales of 41 are running 25.5% behind last year's yearto-date sales of 55.

0%

6.9 82% 1% 129% 24%
6.7
35%
21%
98.3% 1.0% 1.1% 4.0% 3.2%
1% Sold 1%
Number of96.7%
Properties

June Sale Price vs List Price Ratio
June Property sales were 7, down 56.3% from 16 in June of 2015
and 46.2% lower than the 13 sales last month. June 2016 sales
Property Sales
were at their lowest level compared to June of 2015 and 2014. 18
June Property sales were 7, down 56.3% from 16 in June of 2015
June YTD sales of 41 are running 25.5% behind last year's year16
and 46.2% lower than the 13 sales last month. June 2016 sales
to-date
sales
of 55.level compared to June of 2015 and 2014.
were
at their
lowest
14

1%
41
-5%

-25%
-4%
-53%
53 -23%
5%
41 $386
-25% -4%
2%
$346
53 -23% -10%-7%
24% $386
6.7
-4% 35%1%
3.2% $346 96.7%
-10% 1% -6%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

June Month's Supply of Inventory

Property Sales

Trending versus*:
Prior YTD Prior Year

YTD

Prior YTD 1%
Prior Year 0%
13% YTD
$1,200,000
-3% $1,320,971
-5%
-4%

8

County: Alexandria City

Agent Name

6

Market Action Report

June 2016

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 O N D J F M A M J
Median Sales Price
13
14
15 and Average Sales Price
16
3 Mo Avg

Prices

The Median Sales Price in June was $1,349,785, up 20.8% from
2,200
Prices
$1,117,500 in June of 2015 and up 14.4% from $1,180,000 last
The
Median
Sales
Price Sales
in June
wasin
$1,349,785,
20.8% from
month.
The
Average
Price
June was up
$1,325,180,
down2,2002,000
$1,117,500 in June of 2015 and up 14.4% from $1,180,000 last
0.7% from $1,335,125 in June of 2015 and up 11.5% from
month. The Average Sales Price in June was $1,325,180, down
$1,188,717 last month. June 2016 ASP was at the lowest level 2,0001,800
0.7% from $1,335,125 in June of 2015 and up 11.5% from
compared to June of 2015 and 2014.
$1,188,717 last month. June 2016 ASP was at the lowest level
1,800
1,600
compared to June of 2015 and 2014.

Median Sales Price and Average Sales Price

3 Mo Avg

1,600

1,400

1,400

1,200

1,200

1,000
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 O N D J F M A M J

1,000

14 A M J J A S O N D J F M 15
J A 13
S O N D J F M
A M J J A S O N D J F M A16M J
13
14
15
16

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI

10
0

48

49

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0

39

39

48

49

34

29

39

39

29

34
29

29

39

43

45

45

39

45 48
43 49

45 46

49
44

33 46
44
48

34

34 44

52
39

39
44

52

58

54

58

49

49

58

55

53

54

48

4553

4148

41
37

35 45

43

55

55
46

58
33

20

35

30

43

40

37

30
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 20
higher
MSI
is
better
for
buyers.
The
June
2016
MSI
of
6.9
higher MSI is better for buyers. The June 2016 MSI of 6.9
10
monthswas
was
highest
level
compared
June
of 2015
months
atat
itsits
highest
level
compared
withwith
June
of 2015
and and
2014.
0
2014.

50

42 55

40

60

3946

50

70

42

compared with June of 2015 and 2014.

Total Inventory & Month's Supply of Inventory (MSI)

39

Inventory
& MSI of Properties available for sale as of June
The Total Inventory
The
Inventory
Properties
for sale
as of
June
wasTotal
48, down
2.0%offrom
49 lastavailable
month and
equal
to 48
in June
70
was
48, down
last month
and
to 48level
in June
of last
year. 2.0%
June from
201649
Inventory
was
at equal
its lowest
ofcompared
last year. with
June June
2016 of
Inventory
was
at
its
lowest
level
60
2015 and 2014.

S D
O N
F M
J A JS A
O N
J FD MJ AF MM JA JMA J S J O AN SD OJ NF D
M JA M
J AJ M
A SJ OJ NA DS JO FNMD A JMF J M A M J
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
44
| ccourtesy
o l ofdCoastal
w eAssociation
l l b aofnREALTORS
kerh
o m eMetropolitan
s . c oRegional
m Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
Data
is is
provided
of MD,ofInc.,
Data
provided
courtesy
of Coastal
Association of REALTORS
MD, Inc., Metropolitan
Regional Information Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con

does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0