MA ARCHIVED November 2017 | Page 26

Market Action Report
November 2017
County: Alexandria City
ALEXANDRIA
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Alexandria
City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,499,999
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
LM
Trending versus*:
L3M PYM
LY
0%
-12%
$1,764,645 Trending
-1% versus*:
-9%
Month
LM L3M PYM
LY
$1,200,500
3%
0%
$1,499,999 0%
-12% 3%
$1,276,817
$1,764,645
-1% 9% -4%
-9% 0%
53
-10%
$1,200,500 3% 0% 3% 51%
0%
10 25%
$1,276,817 9%
-4% 0% 150%
-9%
60 25% 18%
53 -10%
51% -33%
$515
26%
25%
10 25%
150% 13%
60 $335
25% -18%
18% -19%
-33% -17%
5%
$515 26%
25% -39%
13% -39%
27%
5.3 -28%
$335 94.3%
-18% -2.6%
-19% -1.3%
-17% -4.7%
-10%
Average List Price of all Current Listings
Market Profile & Trends Overview
November Median Sales Price
Median List Price of all Current Listings
November
Sales
Price Listings
Average
List Average
Price of all
Current
Total Properties
November
Median Currently
Sales Price for Sale (Inventory)
November Average
Number
of Properties
Sold
November
Sales
Price
November
Average
Days for
on Sale
Market
(Solds)
Total
Properties
Currently
(Inventory)
Asking Price
per Square
Foot (based
November
Number
of Properties
Sold on New Listings)
November Average
Sold Price
Foot
November
Days per
on Square
Market (Solds)
Asking
Price Month's
per Square
Foot (based
on New Listings)
November
Supply
of Inventory
November
per
Foot Ratio
November Sold
Sale Price
Price
vs Square
List Price
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 5.3 -28% -39% -39% -15%
November
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
0%
100
-2% 33% -4%
5%
47 -15%
27%
$420
6%
100
33%
-10%
47 $394
-15% 11% -18%
6% 10% 4%
-15% $420
7.3
11%
-.7% $394 95.9%
0% 6%
-18%
4%
6%
17%
1%
3 Mo Avg
3 Mo Avg
10
8
6
8
7
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 J A S O N
14 15
17 Sales Price
Median 16 Sales Price and Average
Prices
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 J A S O N
14 15
16
17
0
2
4
4
6
0
0%
0%
-4%
12
10
2
$1,200,000
$1,340,561
0%
-2%
14
12
$1,200,000
$1,340,561
16
14
0%
-9%
Number of Properties Sold
18
November of 2016 and 2015. November YTD sales of 100 are
running 33.3% ahead of last year's year-to-date sales of 75.
20
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
7.3
10%
17%
94.3% -2.6% -1.3% -4.7% Number
-.7%
95.9%
0%
of Properties Sold 1%
November Sale Price vs List Price Ratio
November Property sales were 10, up 150.0% from 4 in
November Sales
of 2016 and 25.0% higher than the 8 sales last month.
Property
20
November
2017 sales
their
highest from
level 4 compared
to
November
Property
sales were
were at 10,
up 150.0%
in
November
2016
and
2015.
November
YTD
sales
of month.
100 are 18
November
of of
2016
and
25.0%
higher
than the
8 sales
last
16
running 33.3%
ahead
of last
year's
year-to-date
sales of to 75.
November
2017 sales
were
at their
highest
level compared
Trending versus*:
Prior YTD Prior Year
YTD
The Median Sales Price in November was $1,200,500, up 2.9%
Prices
2,200
from
$1,166,101
in November
of 2016
and up 2.8% up
from
The
Median
Sales Price
in November
was $1,200,500,
2.9%
2,200
$1,167,500
last in month.
The of Average
Sales
Price from
in November
2,000
from
$1,166,101
November
2016 and
up 2.8%
was $1,276,817,
up 0.4%
$1,272,301
in November
of 2016
$1,167,500
last month.
The from
Average
Sales Price
in November
2,000
and $1,276,817,
up 8.7% from
$1,174,613
last month.
November of 2017
1,800
was
up 0.4%
from $1,272,301
in November
2016 ASP
was up at 8.7%
a mid
range
compared
November
of 2016
and ASP
2015. 1,800
and
from
$1,174,613
last to
month.
November
2017
1,600
was at a mid range compared to November of 2016 and 2015.
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,600
1,400
1,400
1,200
1,200
1,000
1,000
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 J A S O N
D J 14
F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M A
17 M J J A S O N
14 15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
10.0
12.0
12.0
10.0
0.0
0.0 2.0
0 2.0 4.0
10 6.0
4.0
20
8.0
6.0
30
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 20
higher MSI
MSI
better
buyers.
November
of 5.3
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of 5.3
10
months was
was
lowest
level
compared
November
of 2016
months
at at
its its
lowest
level
compared
with with
November
of 2016
0
and
and 2015.
2015.
14.0
14.0
8 .0
30
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
November was 53, down 10.2% from 59 last month and up 51.4% 70
November was 53, down 10.2% from 59 last month and up 51.4% 70
from 35 35 in in
November
year.
November
Inventory 60 60
from
November
of of
last last
year.
November
2017 2017
Inventory
was at at its its
highest
level
compared
with
November
of 2016
was
highest
level
compared
with
November
of 2016
and and 50 50
2015.
2015.
40 40
J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S O
N D
J F N M
D J D F M
J A
F M A
J A
S O
D A J M F J M J A A M S J O J N A S O N
14 15 14 15
16
17
16
17
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Brokerage | 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 Residential Brokerage
26
| coldwellbankerluxury.com
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 Residential Brokerage
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.
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.