MA ARCHIVED June 2016 | Page 54

Market Action Report June 2016 Title Phone Agent Name Website TitleOther Community Information Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other $1,481,600 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 Trending versus*: Prior YTD Prior Year YTD 2% -1% Trending versus*: $1,862,691 Trending 2% versus*: -3% Month LM 6% L3M 2% PYM 2% LY Prior YTD 0% Prior Year $1,300,000 0% YTD $1,280,000 $1,481,600 2% -1% $1,515,907 15% 4% 5% 3% $1,474,732 4% $1,862,691 2% -3% 882 -1% -1% $1,300,000 6% 2% 2% 0% $1,280,000 0% -1% 139 45% 16% 469 5% $1,515,907 15% 4% 5% 3% $1,474,732 4% 1% 73 52% -5% 79 5% 882 -1% -1% 28% -8% 0% -1% 139$275 45% -1% 3% 16% 3% 469 $269 5% $266 7% 0% 5% 3% $266 3% 0% 73 52% -5% 28% -8% 79 5% 6.3 -32% -27% -15% -41% 11.5 11% $275 -1% 3% 3% 0% $269 -1% -3% 0% 3% $26695.1% 7% -.9% 0% -.1% 5% .4% 3% 1.0% $266 94.8% 3% 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 -1% 1% 0% -3% 3% 7% 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date 6.3 -32% -27% -15% -41% 11.5 11% 7% 95.1% -.9% -.1% .4% 1.0% 0% Sold 1% Number of94.8% Properties June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Yea r / LY=Last Year (2015) / YTD = Year-to-date 160 June Property sales were 139, up 15.8% from 120 in June of 2015 and 44.8% higher than the 96 sales last month. June 2016 140 Property Sales sales were at their highest level compared to June of 2015 and 160 120 June Property sales were 139, up 15.8% from 120 in June of 2014. June YTD sales of 469 are running 5.2% ahead of last 2015 and 44.8% higher than the 96 sales last month. June 2016 140 year's year-to-date sales of 446. 100 sales were at their highest level compared to June of 2015 and 120 3 Mo Avg 80 100 60 80 139 96 88 63 47 36 73 69 62 116 81 120 106 69 60 45 46 76 52 51 54 93 108 92 93 76 46 32 71 48 43 139 96 47 36 73 47 69 62 81 116 120 106 69 60 45 46 76 52 51 54 93 108 93 76 46 43 32 71 48 58 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 78 105 0 58 0 20 82 105 20 40 78 40 60 82 2014. June YTD sales of 469 are running 5.2% ahead of last year's year-to-date sales of 446. 3 Mo Avg Number of Properties Sold 92 Property Sales 88 County: Fairfax Agent Name 47 Market Action Report Fairfax County 63 County: Fairfax 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 $1,300,000, up 2.1% from 1,800 Prices $1,273,500 in June of 2015 and up 6.1% from $1,225,000 last The Median Sales Price Sales in June wasin $1,300,000, up 2.1% from month. The Average Price June was $1,515,907, up 1,8001,700 $1,273,500 in June of 2015 and up 6.1% from $1,225,000 last 4.6% from $1,448,618 in June of 2015 and up 15.0% from month. The Average Sales Price in June was $1,515,907, up 1,7001,600 $1,317,856 last month. June 2016 ASP was at a mid range 4.6% from $1,448,618 in June of 2015 and up 15.0% from compared to June of 2015 and 2014. $1,317,856 last month. June 2016 ASP was at a mid range 1,600 1,500 compared to June of 2015 and 2014. Median Sales Price and Average Sales Price 3 Mo Avg 1,500 1,400 1,400 1,300 1,300 1,200 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 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 Inventory & MSI compared with June of 2015 and 2014. 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 615 590 625 615 580 590 490 625 407 580 412 490 464 407 412556 686 464 744 556 748 686 728 744 715 748 750 713728 612 715 750 526 713 521 561612 526 648 521 784 888 561 648 893 895 784 870888 880893 826 895 681 870 580 880 581 826 656 681 807 580 902 581 894 656 882 Inventory & MSI of Properties available for sale as of June The Total Inventory 1,000 The of Properties available forand saledown as of 1.2% June from wasTotal 882,Inventory down 1.3% from 894 last month 1,000 was downof1.3% last2016 month and down 1.2% 893882, in June lastfrom year.894 June Inventory was at afrom mid level 800 893 in June with of lastJune year.ofJune was at a mid level compared 20152016 and Inventory 2014. 800 600 400 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 807 902 894 882 1,200 A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. June 2016 of 6.3 higher is is better forfor buyers. TheThe June 2016 MSIMSI of 6.3 200 200 monthswas was lowest level compared June of 2015 months atat itsits lowest level compared withwith June of 2015 and and 0 2014. 0 2014. A NS DO JN FD MJ AF MM J A JMA J S JO AN SD OJ NF M D AJ M F M M SJ OJ NA DS JO F NMDA JM FJ M A M J J A SJ O J JA A 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con 54 | 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. 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0