MA ARCHIVED November 2017 | Page 34

Market Action Report
November 2017
County: Loudoun
LOUDOUN
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Loudoun
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,450,000
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
Trending versus*:
Prior YTD Prior Year
YTD
4%
-9%
Trending versus*:
$2,283,630 Trending
6% versus*: 4%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,161,300
3%
4%
$1,450,000
4% -11% -5%
-9% 6% -1% $1,215,000
$1,332,606
-8%
0%
6%
1%
$1,338,508
1%
2%
$2,283,630 6%
4%
147
-16%
6%
$1,161,300 -11% -5% 6% -1% $1,215,000
3%
4%
12 9%
123
$1,332,606 -8%
0% 6% 50%
1% $1,338,508
1% 18% 2%
86 -20%
-16%
147 103
-16% -43% -11%
6% -20% 1%
$169
-39%
-31%
-15%
-30%
$239
-2%
-1%
12 9%
50%
123
18%
2%
103 $163
-43% -24%
-11% -17%
-20% 0%
1% -15%
86 $196
-20% 4% -16%
$169 12.3
-39% -23%
-31% -12%
-15% -29%
-30% -35% $239 28.9
-2% 46% -1%
53%
$163 90.5%
-24% 2.3%
-17% -.5%
0% -1.7%
-15% -1.8% $196 92.8%
4%
1% 2%
1%
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 12.3 -23% -12% -29% -35%
November
of Inventory
28.9
46%
53%
90.5% 2.3% -.5% -1.7% -1.8%
92.8%
1%
Number of Properties Sold 1%
November Sale Price vs List Price Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
15
10
10
Prices
9
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
The Median Sales Price in November was $1,161,300, up 5.6%
Prices
2,200
from
$1,100,000
in November
of 2016
and down up
10.7%
from
The
Median
Sales Price
in November
was $1,161,300,
5.6%
2,200
$1,300,000
last in month.
The of Average
Sales
Price
in November
2,000
from
$1,100,000
November
2016 and
down
10.7%
from
was $1,332,606,
up 5.6%
$1,262,184
in November
of 2016
$1,300,000
last month.
The from
Average
Sales Price
in November
2,000
and $1,332,606,
down 8.3% up
from
$1,452,451
last month.
November
2017
1,800
was
5.6%
from $1,262,184
in November
of 2016
ASP
was 8.3%
at the from
highest
level compared
to November
of 2016 and
and
down
$1,452,451
last month.
November 2017
1,800
1,600
2015.
ASP
was at the highest level compared to November of 2016 and
2015.
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
5
5
0
3 Mo Avg
20
15
Number of Properties Sold
November of 2016 and 2015. November YTD sales of 123 are
running 18.3% ahead of last year's year-to-date sales of 104.
25
Property Sales
November Property sales were 12, up 50.0% from 8 in
November Sales
of 2016 and 9.1% higher than the 11 sales last month.
Property
25
November
2017 sales
their
highest from
level 8 compared
to
November
Property
sales were
were at 12,
up 50.0%
in
November
2016
and
2015.
November
sales
123 are
November
of of
2016
and
9.1%
higher
than the YTD
11 sales
last of month.
running 18.3%
ahead
of last
year's
year-to-date
sales of to 104. 20
November
2017 sales
were
at their
highest
level compared
3 Mo Avg
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)
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
Total Inventory & Month's Supply of Inventory (MSI)
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 147, down 16.0% from 175 last month and up 250 250
November was 147, down 16.0% from 175 last month and up
5.8% from
from
139
November
of last
year.
November
5.8%
139
in in
November
of last
year.
November
2017 2017
200 200
Inventory
was
highest
level
compared
November
Inventory
was
at at
its its
highest
level
compared
with with
November
of of
2016 and
and
2015.
2016
2015.
150 150
100 100
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 12.3
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of 12.3
50 50
months was
was
lowest
level
compared
November
of 2016
months
at at
its its
lowest
level
compared
with with
November
of 2016
0
0
and
and 2015.
2015.
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
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
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 Residenti al Brokerage
34
| 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.