MA ARCHIVED May 2016 | Page 44

Market Action Report

Alexandria

County: Alexandria City

Market Action Report

County: Alexandria City

May 2016

Agent Name

May 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information

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

Phone
Website
Month
Other
$1,249,900

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

-8%
-7%
$1,697,195 Trending
-10% versus*:
-2%
Month
LM -12%
L3M -2%
PYM 4%
LY
$1,180,000
$1,249,900 -8%
-7%
$1,188,717 -10% -10% -20%
$1,697,195 -10%
-2%
49 26%
7%
$1,180,000 -12% -2% 4% -1%
13 225%
44%
$1,188,717 -10% -10% -20% -13%
63 21% 7%
49 26%
7% 103%
$395
-15%
1%
13 225%
44% 11%
$326
-0%
-6%
63 21% 7% 103% -15%
11%
3.8 -61%
$395 -15%
1% -51%
11% -26%
3%
$32697.3%
-0% .4%
-6% .8%
-15% -1.0%
-12%

Average List Price of all Current Listings

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

May Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

May Median Sales Price

May Number of Properties Sold

May Average Sales Price

May Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking
Priceofper
Square Foot
May
Number
Properties
Sold (based on New Listings)
MayAverage
Sold Price
May
Daysper
onSquare
Market Foot
(Solds)

May Month's
Inventory
Asking
Price perSupply
SquareofFoot
(based on New Listings)
MaySold
SalePrice
Priceper
vsSquare
List Price
May
FootRatio

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
Prior YTD -1%
Prior Year 0%
-1% YTD
$1,199,450
-13% $1,320,104
-7%
-4%

$1,199,450
$1,320,104

-1%
34
-7%

0%

-13%
-4%
11%
58 -13%
3%
34 $383
-13% -6%
-12%
$339
58 -13% -18%2%
-32% $383
6.7
-6% 25%0%
2.1% $339 96.4%
-18% 1% -8%

2%
0%
-8%
21%
1%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

3.8 -61% -51% -26% -32%
6.7
25%
21%
97.3% .4% .8% -1.0% 2.1%
1% Sold 1%
Number of96.4%
Properties

May Month's Supply of Inventory
May Sale Price vs List Price Ratio

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

12
10
8

10

6

8

13

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

4

1

5

7

3

5

13

4

4

8

5

6

7

6

6

10

7

16

9

7

9

9

5

8

6

7

4

9

7

10

6

11

4

5

1

5

7

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

8

0

5

0

2

11

2

4

6

4

6

8

12

3 Mo Avg

14

5

May YTD sales of 34 are running 12.8% behind last year's yearto-date sales of 39.

Number of Properties Sold

16

11

May Property sales were 13, up 44.4% from 9 in May of 2015
and 225.0% higher than the 4 sales last month. May 2016 sales
Property Sales
were at their highest level compared to May of 2015 and 2014.18
May Property sales were 13, up 44.4% from 9 in May of 2015
May YTD sales of 34 are running 12.8% behind last year's yearand 225.0% higher than the 4 sales last month. May 2016 sales 16
to-date
sales
of 39. level compared to May of 2015 and 2014.
were
at their
highest
14

18

6

Property Sales

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 J A S O N D J F M A M
Median Sales Price15and Average Sales Price
13
14
16
3 Mo Avg

Prices

The Median Sales Price in May was $1,180,000, up 3.5% from
2,200
Prices
$1,140,000 in May of 2015 and down 11.6% from $1,334,500
The
in May
wasPrice
$1,180,000,
up 3.5%
from
lastMedian
month.Sales
ThePrice
Average
Sales
in May was
$1,188,717,
2,2002,000
$1,140,000 in May of 2015 and down 11.6% from $1,334,500
down 20.0% from $1,485,889 in May of 2015 and down 9.7%
last month. The Average Sales Price in May was $1,188,717,
2,0001,800
from $1,316,000 last month. May 2016 ASP was at a mid range
down 20.0% from $1,485,889 in May of 2015 and down 9.7%
compared to May of 2015 and 2014.
from $1,316,000 last month. May 2016 ASP was at a mid range 1,800
1,600
compared to May 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 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

1,000

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

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

Inventory & MSI

10
0

34

49

39

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0

39

49

29

39

39

29

34
29

29

39

45

43

45

39

45 48
43 49

45 46

49
44

33 46
48
44

34 44

33

39
44

52

58

58

49
52
39

34

54

58

55

49

58

53

54

55

48

53

45

4148

35 45

43

41
37

46

55
35

20

43

30

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
May
2016
MSI
of
3.8
higher MSI is better for buyers. The May 2016 MSI of 3.8
monthswas
was
lowest
level
compared
of 2015
months
atat
itsits
lowest
level
compared
withwith
MayMay
of 2015
and and10
2014.
0
2014.

40

42 55
3946

40

50
39 41

50

60

42

compared with May of 2015 and 2014.

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

70

41

Inventory
& MSI of Properties available for sale as of May
The Total Inventory
The
Inventory
of Properties
available
forup
sale
as offrom
May46 in
wasTotal
49, up
25.6% from
39 last month
and
6.5%
70
was
49,ofup
25.6%
last month
andwas
up 6.5%
fromlevel
46 in
May
last
year.from
May392016
Inventory
at a mid
May
of
last
year.
May
2016
Inventory
was
at
a
mid
level
60
compared with May of 2015 and 2014.

A NS D
O JN FD MJ AF MM J A JMA J S JO AN SD OJ NF D
J M
F M
J J JA JS O
M A
J A
J M
A SJ OJ NA DS JO FNMDA JM F M A M
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