MA ARCHIVED November 2017 | Page 41

Market Action Report
November 2017
County: Washington DC
WASHINGTON,
D.C.
Market Action Report
Agent Name
November 2017
Title
Phone
Agent Name
Website
Title
Other
Community
Information
County: Washington
DC
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
$1,995,000
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
3%
0%
$2,843,571 Trending
2% versus*: 0%
Month
LM L3M PYM
LY
$1,445,000
$1,995,000
3% 7% 3%
0% 9%
$1,643,370
$2,843,571
2% 8% 1%
0% 12%
191
-24%
$1,445,000 7% 3% 9% 9%
1%
49 0%
$1,643,370 8%
1% 12% 7%
-8%
41 5% 0%
191 -24%
9% -2%
$689
1%
1%
49 0%
7% 5%
41 $640
5% -5%
0% 5%
-2% 22%
-15%
$689 3.9
1% -24%
1% -22%
5% 2%
7%
$640 95.9%
-5% -2.5%
5% -.6%
22% -.1%
13%
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 / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
$1,425,500
$1,787,613
Prices
-13%
9%
9%
-8%
0%
3 Mo Avg
3 Mo Avg
40
38
59
54
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 10
20 20
30
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 $1,445,000, up 8.9%
Prices
2,400
from
$1,327,500
in November
of 2016
and up 7.4% up from
The
Median
Sales Price
in November
was $1,445,000,
8.9%
2,400
$1,345,000
last in month.
The of Average
Sales
in November
2,200
from
$1,327,500
November
2016 and
up Price
7.4% from
was $1,643,370,
up 12.5%
from $1,460,820
$1,345,000
last month.
The Average
Sales Price in in November
November of 2,200
2016
and up 8.2%
from from
$1,518,750
last month.
November
2017 2,000
was
$1,643,370,
up 12.5%
$1,460,820
in November
of
ASP and
was up
at 8.2%
the highest
level compared
to November
of 2017
2016 and
2016
from $1,518,750
last month.
November
2,000
1,800
2015.
ASP
was at the highest level compared to November of 2016 and
2015.
19% 0%
-9%
11%
10% -13%
-8% 9%
0% 9%
50
30
0
-1%
595
2%
-15%
42
7%
595 $697
19%
13%
42 $618
-9%
11%
-6% $697
3.8
10%
-.8% $618 97.1%
60
40
0%
-1%
0%
70
50
0%
2%
Number of Properties Sold
80
60
90
November of 2016 and 2015. November YTD sales of 595 are
running 19.5% ahead of last year's year-to-date sales of 498.
$1,425,500
$1,787,613
2% -6%
3.8
-8%
-8%
95.9% -2.5% -.6% -.1% Number
-.8%
97.1%
0%
of Properties Sold 0%
November Sale Price vs List Price Ratio
Property Sales
Trending versus*:
Prior YTD Prior Year
YTD
1%
-8%
* LM=Last Month Month's
/ L3M=Last 3 Supply
Months / PYM=Same
Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 3.9 -24% -22%
November
of Inventory
November Property sales were 49, up 6.5% from 46 in
November Sales
of 2016 and the same as the 49 sales last month.
Property
90
November
2017 sales
their
highest
level
to
November
Property
sales were
were at 49,
up 6.5%
from
46 compared
in
November
2016
and
2015.
YTD last
sales
of 595 are 80
November
of of
2016
and
the
same November
as the 49 sales
month.
running 19.5%
ahead
of last
year's
year-to-date
sales of to 498. 70
November
2017 sales
were
at their
highest
level compared
Trending versus*:
Prior YTD Prior Year
YTD
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
1,800
1,600
1,600
1,400
1,400
1,200
1,200
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
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 191, down 24.2% from 252 last month and up 300 300
November was 191, down 24.2% from 252 last month and up
9.1% from
from
175
November
of last
year.
November
9.1%
175
in in
November
of last
year.
November
2017 2017
250 250
Inventory
was
highest
level
compared
November
Inventory
was
at at
its its
highest
level
compared
with with
November
of of
200 200
2016 and
and
2015.
2016
2015.
150 150
6.0
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury
Data is provided courtesy of Coastal Association of REALTORS of MD, Inc., Metropolitan Regional Informatio n Systems, Inc., Sussex County Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker Residential SM
Brokerage
4.0
Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
5.0
5.0
6.0
comparatively
lower
MSI
is more
beneficial
for sellers
a 100
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a 100
higher MSI
MSI
better
buyers.
November
of 3.9 50 50
higher
is is
better
for for
buyers.
The The
November
2017 2017
MSI MSI
of 3.9
months was
was
highest
level
compared
November
months
at at
its its
highest
level
compared
with with
November
of of
0
0
2016
2015.
2016 and
and
2015.
D J D F M
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
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
14 15 14 15
16
17
16
17
7.0
7.0
3.0
2.0 2.0
1.0 1.0
0.0 0.0
S O N
| 41
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.
4.0
3.0