MA ARCHIVED November 2017 | Page 28

Market Action Report
November 2017
County: Arlington
ARLINGTON
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Arlington
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,609,450
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
1%
1%
$1,719,083 Trending
2% versus*: 2%
Month
LM L3M PYM
LY
$1,350,000
$1,609,450
1% 5% 0%
1% 13%
$1,472,698
$1,719,083
2% 8% 3%
2% 4%
138
-9%
$1,350,000 5% 0% 13% -5%
4%
29 -17%
$1,472,698 8%
3% 4% -17%
4%
53 -7% 2%
138 -9%
-5% 20%
29 $373
-17% -9% -4%
-17% -2%
53 $346
-7% -10%
2% -6%
20% -15%
0%
$373 4.8
-9% 10%
-4% 3%
-2% 15%
-3%
$346 96.4%
-10% -.2%
-6% -.5%
-15% .8%
-8%
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 4.8 10%
November
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
$1,325,000
$1,415,978
2%
0%
2%
399
0%
0%
54
-3%
399 $386
22%
-8%
54 $357
4%
0%
-17% $386
4.5
-6%
-.1% $357 97.1%
2%
0%
2%
22% 0%
4%
0%
-6% 2%
-23% 0%
1% -5%
2%
0%
-5%
-21%
1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
33
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
19
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
10
20 20
30 30
10
The Median Sales Price in November was $1,350,000, up 12.5%
Prices
1,700
from
$1,200,000
in November
of 2016
and up 4.7%
The
Median
Sales Price
in November
was $1,350,000,
up from
12.5%
1,700
$1,289,000
last in
month.
The of
Average
Sales
in November
1,600
from
$1,200,000
November
2016 and
up Price
4.7% from
was $1,472,698,
up 4.4%
$1,410,820
in November
of 2016
$1,289,000
last month.
The from
Average
Sales Price
in November
1,600
and $1,472,698,
up 8.2% from
$1,360,984
last month.
November
1,500
was
up 4.4%
from $1,410,820
in November
of 2017
2016 ASP
was up at 8.2%
the highest
level compared
to November
of 2017
2016 ASP
and 1,500
and
from $1,360,984
last month.
November
1,400
2015.
was
at the highest level compared to November of 2016 and
2015.
$1,325,000
$1,415,978
40
40
0
4%
4%
50
of 2016 and 2015. November YTD sales of 399 are running
22.0% ahead of last year's year-to-date sales of 327.
60
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
3% 15% -17%
4.5 -23%
-21%
96.4% -.2% -.5% .8% Number
-.1%
97.1%
1%
of Properties Sold 1%
November Sale Price vs List Price Ratio
November Property sales were 29, down 17.1% from 35 in
November Sales
of 2016 and 17.1% lower than the 35 sales last month.
Property
60
November
2017 sales
a mid
level
compared
to November
November
Property
sales were
were at 29,
down
17.1%
from 35 in
of 2016 and
2015. and
November
YTD
sales
are
running
November
of 2016
17.1% lower
than
the of
35 399
sales
last
month. 50
22.0% ahead
last were
year's
sales of 327.
November
2017 of sales
at year-to-date
a mid level compared
to November
Trending versus*:
Prior YTD Prior Year
YTD
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,400
1,300
1,300
1,200
1,200
1,100
1,100
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
10.0
50
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
November
of 4.8 50
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of 4.8
months was
was
a mid
level
compared
with
November
of 2016
months
at at
a mid
level
compared
with
November
of 2016
and and
0
2015.
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
8.0
6.0 6.0
4.0 4.0
2.0 2.0
0.0
0
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
J F N M D A J M F J M J A A M S J O J N A S O N
D J D F M
J A F M
M J A M
J N
A D S O
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
28
| 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.
10.0
8.0
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 138, down 9.2% from 152 last month and down 200 200
November was 138, down 9.2% from 152 last month and down
4.8% from
from
145
November
of last
year.
November
4.8%
145
in in
November
of last
year.
November
2017 2017
Inventory
was
a mid
level
compared
November
of 2016 150 150
Inventory
was
at at
a mid
level
compared
with with
November
of 2016
and 2015.
2015.
and
100 100
0 .0