MA ARCHIVED June 2016 | Page 58

Market Action Report

Fauquier

County: Fauquier

Market Action Report

County: Fauquier

June 2016

Agent Name

June 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

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

Phone
Website
Month
Other
$2,322,500

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

Trending versus*:
Prior YTD Prior Year

YTD

1%
17%
Trending versus*:
$3,852,028 Trending
-0% versus*:
-6%
Month
LM 487%
L3M 148%
PYM 466%
LY 397% YTD
Prior YTD 40%
Prior Year 45%
$8,200,000
$2,387,000
$2,322,500 1%
17%
$8,200,000 487% 132% 466% 288% $3,408,885
68%
61%
$3,852,028 -0%
-6%
88 1%
-2%
$8,200,000 487% 148% 466% 397% $2,387,000
40%
45%
1 -50%
-50%
9 -18%
$8,200,000 487% 132% 466% 288% $3,408,885
68%
61%
122 -68%
-62%
88 131
1% -27% -1%
-2% -76% -59%
$387
-62%
-29%
42%
-19%
$497
42%
4%
1 -50%
-50%
9 -18%
$0
-100%
-100%
-100%
$311
-8%
-21%
131 -27% -1% -76% -59%
122 -68%
-62%
51%
$387 88.0
-62%102%
-29% 66%
42% 96%
-19% 146% $497 53.9
42% 36%4%
5%-21%
3%
$093.5%
-100%-1.7%
-100% 7.4% 22.4%
-100%10.1% $311 87.6%
-8%

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

88.0 102% 66% 96% 146%
53.9
36%
51%
93.5% -1.7% 7.4% 22.4% 10.1%
5% Sold 3%
Number of87.6%
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 Year / LY=Last Year (2015) / YTD = Year-to-date

Property Sales

7

June Property sales were 1, down 50.0% from 2 in June of 2015
and 50.0% lower than the 2 sales last month. June 2016 sales
6
Property Sales
were at their lowest level compared to June of 2015 and 2014. 7
June Property sales were 1, down 50.0% from 2 in June of 2015
June YTD sales of 9 are running 18.2% behind last year's year-to- 5
and 50.0% lower than the 2 sales last month. June 2016 sales
6
dateatsales
11. level compared to June of 2015 and 2014.
were
theiroflowest
4
June YTD sales of 9 are running 18.2% behind last year's year-to- 5
date sales of 11.
4

Number of Properties Sold

3 Mo Avg

1

2

1

2

3

2

1

0

6

2

3

2

3

3

2

3

0

3

1

2

3

4

2

0

2

2

4

1

4

5

0

1

2

0

1

3

3

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

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

2

1

0

6

2

3

2

3

3

2

3

0

3

1

2

3

4

2

0

2

2

4

1

4

5

0

1

2

0

0

1

1

1
3

2

1

2

1

3

3

3

0

The Median Sales Price in June was $8,200,000, up 465.5%
Prices
8,000
from $1,450,000 in June of 2015 and up 486.8% from
The
Median Sales
Price in June
was $8,200,000,
up in
465.5%
$1,397,500
last month.
The Average
Sales Price
June was
7,000
8,000
from $1,450,000 in June of 2015 and up 486.8% from
$8,200,000, up 465.5% from $1,450,000 in June of 2015 and
$1,397,500 last month. The Average Sales Price in June was
up 486.8% from $1,397,500 last month. June 2016 ASP was at7,0006,000
$8,200,000, up 465.5% from $1,450,000 in June of 2015 and
the highest level compared to June of 2015 and 2014.
6,0005,000
up 486.8% from $1,397,500 last month. June 2016 ASP was at
the highest level compared to June of 2015 and 2014.

3 Mo Avg

Median Sales Price and Average Sales Price

3 Mo Avg

3 Mo Avg

5,0004,000
4,0003,000
3,0002,000
2,000

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

60

A comparatively lower MSI is more beneficial for sellers while a40
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
June
2016
of 88.0
higher
is is
better
forfor
buyers.
TheThe
June
2016
MSIMSI
of 88.0
20
monthswas
was
highest
level
compared
June
of 2015
months
atat
itsits
highest
level
compared
withwith
June
of 2015
and and
2014.
0
2014.

60
40
20

100.0
82
87
88

89
83
87 89
90
83
8987
83 90

compared with June of 2015 and 2014.

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

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

75

Inventory & MSI

Inventory
& MSI of Properties available for sale as of June
The Total Inventory
100
The
Inventory
of Properties
available
sale2.2%
as of from
June90 in
wasTotal
88, up
1.1% from
87 last month
and for
down
100
was
88,ofup
1.1%
fromJune
87 last
month
and down
fromlevel
90 in
June
last
year.
2016
Inventory
was2.2%
at a mid
80
June
of last year.
June of
2016
Inventory
was at a mid level
compared
with June
2015
and 2014.
80

71
89
66
83
74
71
6677
82
74
75
77
73
82
77
75
81
73
83
7777
81
69
83
67
77
66
6969
6779
66 90
69 90
88
79
9290
95
90
9188
89 92
80
95
75
91
73
89
75
80
82
75
87
73 88

1,000

80.0
60.0
40.0
20.0

0
0.0
A NS DO JN FD MJ AF MM J A JMA J S JO AN SD OJ NF D
J M
F M
M SJ OJ NA DS JO FNMDA JM F J M A M J
J A SJ O
M A
J A
J A
14
15
16
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Con
58
| 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.

100.0
80.0
60.0
40.0
20.0
0.0