MA ARCHIVED June 2016 | Page 56

June 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

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

Phone
Website
Month
Other
$1,499,000

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

0%
20%
$1,464,291 Trending
1% versus*:6%
Month
LM 6%
L3M 4%
PYM -10%
LY
$1,312,500
$1,499,000 0%
20%
$1,368,333 6% 4% -6%
$1,464,291 1%
6%
12 9%
-8%
$1,312,500 6% 4% -10% 5%
6 100%
500%
$1,368,333 6% 4% -6% 8%
16 -63% -60%
12 9%
-8% -86%
$350
23%
8%
6 100%
500% 6%
$324
20%
-2%
16 -63% -60% -86% -71%
2.0 -45%
$350 23%
8% -36%
6% -85%
19%
$32497.0%
20% -2.5%
-2% -.5% .0%
9%

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

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

8

June Property sales were 6, up 500.0% from 1 in June of 2015
and 100.0% higher than the 3 sales last month. June 2016 sales 7
Property Sales
were at their highest level compared to June of 2015 and 2014.8
6
June Property sales were 6, up 500.0% from 1 in June of 2015
June YTD sales of 19 are running 58.3% ahead of last year's yearand 100.0% higher than the 3 sales last month. June 2016 sales 7
to-date
sales
of
12.
5
were at their highest level compared to June of 2015 and 2014.

$1,299,000
$1,350,942

3 Mo Avg

3 Mo Avg

6

3

6

3

3

3

1

3

3

3

2

5

1

2

1

2

2

1

2

4

4

6

6

3

5

2

3

1

0

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

Prices

3

3

1

3

3

3

2

5

1

2

1

2

2

1

3

3

3

2

4

6

6

3

5

2

3

1

0

2

2

2

1

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
2

0

1

7

1

2

0

5%
12%
8%
-27%
-1%

2

2

1

4%

58%
6%
34%
9%
10%5%
-23%12%
-1% 8%

3

1

2

2%

19
7%
-71%
59
19%
19 $329
58%
9%
59 $320
34%
-64% $329
4.1
9%
-.3% $320 96.8%
10%

Number of Properties Sold

1

3

4%
6%

7%

4

7

4

$1,350,942

2.0 -45% -36% -85% -64%
4.1 -23%
-27%
97.0% -2.5% -.5% .0% Number
-.3%
-1% Sold -1%
of96.8%
Properties

June Sale Price vs List Price Ratio

6
June YTD sales of 19 are running 58.3% ahead of last year's yearto-date sales of 12.
5

Trending versus*:
YTD
Prior YTD 2%
Prior Year
$1,299,000

5%
8%

* 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

3

County: Falls Church City

Agent Name

4

Market Action Report

Falls Church

3

County: Falls Church City

June 2016

3

Market Action Report

The Median Sales Price in June was $1,312,500, down 9.8%
1,600
Prices
from $1,455,000 in June of 2015 and up 5.8% from $1,240,000
The
in June
was
$1,312,500,
down$1,368,333,
9.8%
lastMedian
month.Sales
ThePrice
Average
Sales
Price
in June was
1,6001,500
from $1,455,000 in June of 2015 and up 5.8% from $1,240,000
down 6.0% from $1,455,000 in June of 2015 and up 6.1% from
last month. The Average Sales Price in June was $1,368,333,
1,5001,400
$1,289,667 last month. June 2016 ASP was at a mid range
down 6.0% from $1,455,000 in June of 2015 and up 6.1% from
compared to June of 2015 and 2014.
$1,289,667 last month. June 2016 ASP was at a mid range
1,400
1,300
compared to June of 2015 and 2014.

Median Sales Price and Average Sales Price

3 Mo Avg

3 Mo Avg

1,300

1,200

1,200

1,100

1,100

1,000

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

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

12

11

11

12

11

7

7

8

9

11

9

11

12
9
8

9

9
7

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

11

16
14

14
12

13 16

14

14

13

79
7
5 7

7

7
5

5

5

6

10

10

9

10

9

9

9

10

11

12
11

12

14
12

11

14
12

8

11

6 8

8

8

88

78

78
67

12
10
8
A comparatively lower MSI is more beneficial for sellers while a6
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
June
2016
of 2.0
4
higher
is is
better
forfor
buyers.
TheThe
June
2016
MSIMSI
of 2.0
monthswas
was
lowest
level
compared
June
of 2015
months
atat
itsits
lowest
level
compared
withwith
June
of 2015
and and 2
2014.
0
2014.

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

7

compared with June of 2015 and 2014.

18
16
14
12
10
8
6
4
2
0

6

Inventory
& MSI of Properties available for sale as of June
The Total Inventory
The
Inventory
of Properties
available
for sale
as offrom
June13 in
wasTotal
12, up
9.1% from
11 last month
and down
7.7%
was
12,of
uplast
9.1%
fromJune
11 last
month
and down
from
13 inlevel 18
June
year.
2016
Inventory
was7.7%
at its
lowest
16
June
of last year.
June of
2016
Inventory
was at its lowest level
compared
with June
2015
and 2014.
14

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
56
| 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

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notnot
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or guarantee
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It is the
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verifytoany
and any
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transaction.
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warrant
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estate transaction.

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0