MA ARCHIVED June 2016 | Page 47
Market Action Report
June 2016
Arlington
County: Arlington
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for June was 55, up 129.2% from 24
days last month and down 23.6% from 72 days in June of last
year. The June 2016 DOM was at a mid level compared with
June of 2015 and 2014.
3 Mo Avg
120
100
80
72
55
60
33
40
20
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
500
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a 450
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $358 was down
400
10.8% from $401 last month and down 3.2% from 369 in June of
last year.
350
372
3 Mo Avg
369
358
300
250
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The June 2016 Selling Price vs Original List
Price of 97.0% was down from 97.7% last month and up from
95.2% in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
99.4%
100%
98%
97.0%
95.2%
96%
94%
92%
90%
88%
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178
175
100
94
111
140
152
128
148
140
137
147
143
137
105
112
107
106
142
129
135
127
139
133
137
121
106
94
88
86
122
108
108
104
96
200
180
160
140
120
100
80
60
40
20
0
168
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in June 2016 was 66, down 20.5% from 83 last month and up
6.5% from 62 in June of last year.
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Copyright © Coldwell Banker | 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
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.
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