MA ARCHIVED November 2017 | Page 30

Market Action Report
November 2017
County: Falls Church City
FAIRFAX
CITY
Market Action Report
Agent Name
Community
County: Falls Information
Church City
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,322,450
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
-2%
-6%
$1,311,300 Trending
0% versus*:
-7%
Month
LM L3M PYM
LY
$1,550,000
9%
17%
$1,322,450 -2%
-6%
$1,537,000
9%
$1,311,300
0%
-7% 16%
6
-40%
$1,550,000
9% 17% -40%
20%
3
$1,537,000
9% 16% 50%
17%
86
69%
6 -40%
-40% 19%
3 $337 -3% 6%
50% 20%
86 $351 69% 10%
19% 9%
87%
$337 2.0
-3% 0%
6% -20%
20% -60%
3%
$351 95.4% 10% -.4%
9% -.9%
9%
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 2.0
November
of Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
12
20%
17%
$1,287,500
$1,312,948
$1,287,500
$1,312,948
-1%
-1%
-1%
44
-1%
-1%
0%
-1%
22% 0%
9%
-7%
1% 2%
-20% -6%
3% 0%
87%
47
3%
$306
44
22%
9%
47 $324
9%
-7%
-57% $306
3.4
1%
-.2% $324 98.2%
2%
-6%
0%
-27%
3%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
6
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
2
4 4
6 6
8
8
0
Trending versus*:
Prior YTD Prior Year
YTD
10
Property Sales
November Property sales were 3, up 50.0% from 2 in November
of 2 016 and
higher than the 0 sales last month. November 2017
Property
Sales
12
sales were Property
at their sales
highest
level
compared
to November
of 2016
November
were
3, up
50.0% from
2 in November
2015.
44 month.
are running
22.2%
ahead
of and
2016
and November
higher than YTD
the 0 sales
sales of
last
November
2017
10
of last
year's
year-to-date
sales
of 36. to November of 2016
sales
were
at their
highest level
compared
Trending versus*:
Prior YTD Prior Year
YTD
0% -20% -60% -57%
3.4 -20%
-27%
-.4% -.9% Number
-.2%
98.2%
3%
of Properties Sold 3%
95.4%
November Sale Price vs List Price Ratio
and 2015. November YTD sales of 44 are running 22.2% ahead
of last year's year-to-date sales of 36.
November 2017
Title
Phone
Agent Name
Website
Title
Other
The Median Sales Price in November was $1,550,000, up 17.2%
Prices
1,600
from
$1,322,500
in November
of 2016
and up from
last
The
Median
Sales Price
in November
was $1,550,000,
up $0
17.2%
1,600
month.
The Average
Sales Price
in November
was $0 $1,537,000,
1,500
from
$1,322,500
in November
of 2016
and up from
last
up 16.2%
$1,322,500
in November
of was
2016
and up from
month.
The from
Average
Sales Price
in November
$1,537,000,
1,500
$0 16.2%
last month.
November
ASP was
at the
highest
level
1,400
up
from $1,322,500
in 2017
November
of 2016
and
up from
compared
to November
2016
and
$0
last month.
November of
2017
ASP
was 2015.
at the highest level
1,400
1,300
compared to November of 2016 and 2015.
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
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
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
18
16
14
12
10
8
6
4
2
0
18
16
14
12
10
8
comparatively
lower
MSI
is more
beneficial
for sellers
a 6
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
November
of 2.0 4
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of 2.0
months was
was
lowest
level
compared
November
of 2016 2
months
at at
its its
lowest
level
compared
with with
November
of 2016
0
and
and 2015.
2015.
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 6, down 40.0% from 10 last month and down
November was 6, down 40.0% from 10 last month and down
40.0% from
from
November
of last
year.
November
40.0%
10 10
in in
November
of last
year.
November
2017 2017
Inventory
was
lowest
level
compared
November
Inventory
was
at at
its its
lowest
level
compared
with with
November
of of
2016 and
and
2015.
2016
2015.
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
30
| 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.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0