MA ARCHIVED November 2017 | Page 38

Market Action Report
November 2017
County: Spotsylvania
SPOTSYLVANIA
Market Action Report
Agent Name
Community
Information
County: Spotsylvania
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,292,500
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Median
List Price
all Current
November 2017
Title
Phone
Agent Name
Website
Title
Other
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
0%
8%
Trending versus*:
$1,403,325 Trending
-1% versus*: 8%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,250,000
-7% $1,166,145
-14%
-14%
$1,292,500
0% 10% 6%
8%
$1,250,000
10%
5%
-8%
$1,166,549
-13%
-14%
$1,403,325 -1%
8%
12
9%
50%
$1,250,000 10% 6%
-7% $1,166,145
-14%
-14%
1 0%
5
0% -14%
$1,250,000 10%
5%
-8% $1,166,549
-13%
-23%
75 -49%
-46%
12 107
9% 792% 57%
50%
$280
112%
71%
0%
33%
$204
-6%
-3%
1 0%
5
0%
107 $362
792% 199%
57% 81% -23% 79%
75 $187
-49% -13%
-46% -7%
$280 12.0
112% 9%
71% 22%
0% 0%
33% 78% $204 10.9
-6% 63% -3%
61%
$362 90.6%
199% -4.6%
81% -4.3% 79% -1.6% $187 93.0%
-13% 2% -7%
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 12.0
November
of Inventory
9% 22% 0% 78%
10.9
63%
61%
90.6% -4.6% -4.3%
-1.6%
93.0%
2%
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
Property Sales
3
November Property sales were 1, up from 0 in November of
2016 and Sales
the same as the 1 sales last month. November 2017
Property
3
sales were Property
at their sales
highest
level
compared
November
November
were
1, up
from 0 in to November
of of 2016
and and
2015.
YTD
sales
of month.
5 are running
equal
to last
2016
the November
same as the
1 sales
last
November
2017
2
year's
year-to-date
sales level
of 5. compared to November of 2016
sales
were
at their highest
2
1
1
-1
1
0
1
1
Prices
3 Mo Avg
2
2
14 15
16
17
Median
Sales Price and Average
Sales Price
The Median Sales Price in November was $1,250,000, up from
Prices
1,500
$0 Median
in November
of 2016
and up 9.6%
$1,140,000
last
The
Sales Price
in November
was from
$1,250,000,
up from
1,450
1,500
month.
The Average
in November
was $1,250,000,
$0
in November
of 2016 Sales
and Price
up 9.6%
from $1,140,000
last
1,450 1,400
up from
$0 Average
in November
of 2016
and up 9.6%
from $1,140,000
month.
The
Sales Price
in November
was $1,250,000,
1,400 1,350
last
month.
ASP
was
the from
highest
level
up
from
$0 in November
November 2017
of 2016
and
up at
9.6%
$1,140,000
1,350 1,300
compared
November
of ASP
2016 was
and at 2015.
last
month. to
November
2017
the highest level
1,300 1,250
compared to November of 2016 and 2015.
1,250 1,200
1,200 1,150
1,150 1,100
1,100 1,050
1,050 1,00 0
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
14 15
16
17
-1
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
0
Number of Properties Sold
and 2015. November YTD sales of 5 are running equal to last
year's year-to-date sales of 5.
3 Mo Avg
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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
16
14
12
10
8
6
4
2
0
10
8
6
A
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
A comparatively lower MSI is more beneficial for sellers while a
4
higher MSI
MSI
better
buyers.
November
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of of
12.0 months
months
was
highest
level
compared
November
12.0
was
at at
its its
highest
level
compared
with with
November
of of 2
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 12, up 9.1% from 11 last month and up 50.0% 16
November was 12, up 9.1% from 11 last month and up 50.0%
from 8 8 in in
November
year.
November
2017
Inventory
14
from
November
of of
last last
year.
November
2017
Inventory
was was
highest
level
compared
with
November
of 2016
2015. 12
at at its its highest
level
compared
with
November
of 2016
and and
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
38
| 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