MA ARCHIVED November 2017 | Page 36

Market Action Report County: Prince William PRINCE WILLIAM Market Action Report November 2017 Agent Name Community County: Prince Information William Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month Other $1,269,500 Market Profile & Trends Overview Price Range: $1,000,000 and Up | of Properties: SFH - Con Listings Median List Price all Current Trending versus*: L3M PYM LY * LM=Last Month Month's / L3M=Last 3 Supply Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 24.0 November of Inventory * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date YTD Trending versus*: Prior YTD Prior Year Number of Properties Sold 3 Mo Avg 2 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 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 Sales Price and Average 17 Sales Price Median Prices 0 0 1 2 2 3 4 3 0 3 Mo Avg 5 4 1 22% -20% 47% 22.4 32% 38% 3.2% -2.2% 4.0% 93.9% -4% Number of Properties Sold -2% 6 Property Sales November Property sales were 1, equal to 1 in November of 2016 and higher Sales than the 0 sales last month. November 2017 sales Property 6 were at their lowest level compared of 2016 and November Property sales were 1, equal to to November 1 in November of 2016 2015. November sales 16 are running 23.8% and higher than the YTD 0 sales last of month. November 2017 behind sales last 5 year's year-to-date sales of 21. to November of 2016 and were at their lowest level compared 0% 100.0% November Sale Price vs List Price Ratio November per Foot Ratio November Sold Sale Price Price vs Square List Price Asking Price Month's per Square Foot (based on N ew Listings) November Supply of Inventory November Average Sold Price Foot November Days per on Square Market (Solds) Asking Price per Square Foot (based November Number of Properties Sold on New Listings) November Average Days for on Sale Market (Solds) Total Properties Currently (Inventory) November Average Number of Properties Sold November Sales Price Total Properties November Median Currently Sales Price for Sale (Inventory) November Sales Price Listings Average List Average Price of all Current Market Profile & Trends Overview November Median Sales Price Median List Price of all Current Listings The Median Sales Price in November was $11,292,017, up Prices 752.2% from $1,325,000 in November of 2016 and up up from $0 11,000 The Median Sales Price in November was $11,292,017, last month. The Average Sales Price of in 2016 November 752.2% from $1,325,000 in November and up was from $0 11,000 9,000 $11,292,017, up Average 752.2% Sales from Price $1,325,000 in November of 2016 last month. The in November was and up from last month. November ASP was at the 9,000 $11,292,017, up $0 752.2% from $1,325,000 in 2017 November of 2016 7,000 highest level $0 compared to November of 2016 and up from last month. November 2017 ASP and was 2015. at the highest level compared to November of 2016 and 2015. LM -2% 3% Trending versus*: $1,559,458 Trending 0% versus*: 11% Month LM L3M PYM LY YTD Prior YTD Prior Year $11,292,017 878% -3% -1% $1,269,500 -2% 3% 752% 895% $1,118,445 $11,292,017 257% 752% 849% $1,818,934 50% 53% $1,559,458 0% 11% $11,292,017 24 -17% 878% 752% -20% 895% $1,118,445 -3% -1% 1 257% 752% 849% 0% 16 -24% 53% $11,292,017 $1,818,934 50% 96 118% 66 -55% -53% 24 -17% -20% -36% -31% $1,756 476% 418% 854% 824% $212 11% 12% 1 0% 16 -24% 5% 96 $0 118% -100% -36% -100% -31% -100% 66 $170 -55% 8% -53% $1,756 24.0 476% 0% 418% 22% 854% -20% 824% 47% $212 22.4 11% 32% 12% 38% $0 -100% -2.2% -100% 4.0% $170 93.9% 8% 100.0% -100% 3.2% -4% 5% -2% Average List Price of all Current Listings 2015. November YTD sales of 16 are running 23.8% behind last year's year-to-date sales of 21. November 2017 Title Phone Agent Name Website Title Other Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 7,000 5,000 5,000 3,000 3,000 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 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 40 35 30 25 20 15 10 5 0 40 35 30 25 20 15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI MSI better buyers. November higher is is better for for buyers. The The November 2017 2017 MSI MSI of of 5 24.0 months months was a mid level compared November 24.0 was at at a mid level compared with with November of of 0 2016 2015. 2016 and and 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 24, down 17.2% from 29 last month and down November was 24, down 17.2% from 29 last month and down 20.0% from from November of last year. November 20.0% 30 30 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 36 | 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. 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0