MA ARCHIVED October 2016 | Page 46

Market Action Report October 2016
Community Information
Market Action Report October 2016

County : Alexandria City

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 352,400
12 %
10 %
Average List Price of all Current Listings
$ 617,657
2 %
18 %
October Median Sales Price
$ 310,000
-2%
-2% -11%
-6%
$ 321,500
-3%
-3%
October Average Sales Price
$ 424,845
-5%
-6%
-9%
-10%
$ 456,177
-3%
-3%
Total Properties Currently for Sale ( Inventory )
272
-8%
-33%
October Number of Properties Sold
101 -20%
1 %
1,224
3 %
October Average Days on Market ( Solds )
47
7 %
2 %
4 %
0 %
45
0 %
-4%
Asking Price per Square Foot ( based on New Listings )
$ 327
5 %
5 %
9 %
7 %
$ 313
1 %
3 %
October Sold Price per Square Foot
$ 310
1 %
2 %
-1%
2 %
$ 304
0 %
0 %
October Month ' s Supply of Inventory
2.7
15 %
14 % -33% -16%
2.8
-11%
-12%
October Sale Price vs List Price Ratio
96.3 %
-. 3 % -. 2 % -. 1 %
-. 3 %
96.6 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Alexandria

Agent Name
Title Phone Website Other

Community Information

Property Sales
180
October Property sales were 101 , up 1.0 % from 100 in October of
2015 and 19.8 % lower than the 126 sales last month . October
160
Number of Properties Sold
3 Mo Avg
Property
2016 sales Sales were at a mid level compared to October of 2015 and
180
140
October
2014 . October Property YTD sales sales were of 101 1,224 , up 1.0 are % running from 1003.3 in % October ahead of last
2015 and 19.8 % lower than the 126 sales last month . October
160 year ' s year-to-date sales of 1,185 .
120
2016 sales were at a mid level compared to October of 2015 and
140
100
2014 . October YTD sales of 1,224 are running 3.3 % ahead of last year ' s year-to-date sales of 1,185 .
120
80
100
60
80
40
60
20
40
0
20
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
F M A M J
J
A S O
0
13
14
15
16
Prices
The Median Sales Price in October was $ 310,000 , down 10.9 %
Prices from $ 348,000 in October of 2015 and down 1.7 % from
The
$ 315,500 Median last Sales month Price . in The October Average was Sales $ 310,000 Price , down in October 10.9 % was
600 from
$ 424,845 $ 348,000 , down in October 9.1 % from of 2015 $ 467,507 and down in October 1.7 % from of 2015 and
$ down 315,500 5.1 last % from month $ 447,659 . The Average last month Sales . Price October in October 2016 ASP was was
550 at
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
13
14
15
16
600
Median Sales Price and Average Sales Price
550
500
J
A S O
3 Mo Avg
3 Mo Avg
$ the 424,845 lowest , down level 9.1 compared % from $ 467,507 to October in October of 2015 of and 2015 2014 and . down 5.1 % from $ 447,659 last month . October 2016 ASP was at
500
450
the lowest level compared to October of 2015 and 2014 .
450
400
400 350
350 300
93 100 50 66 102 130 132 163 135 126 101 103 82 101 71 79 129 127 142 156 130 126 125 100 75 124 58 69 125 142 148 163 155 137 126 101
300
250
250
N
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
F M A M J
J
D
13
J
F
14 M A M J
J
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M A
16 M J
J
A S O
A S O
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 272 , down of Properties 7.8 % from available 295 last for month sale as of and down
October
32.5 % from was 272 403 , down in October 7.8 % from of last 295 year last . month October and 2016 down Inventory
500
32.5 was % at from its lowest 403 in level October compared of last year with . October 2016 of 2015 Inventory and 2014 .
400 was at its lowest level compared with October of 2015 and 2014 .
300
500
400
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while
200 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 2.7 higher months MSI was is better at its lowest for buyers level . The compared October with 2016 October MSI of 2.7 of 2015
100 months and 2014 was
. at its lowest level compared with October of 2015 and 2014 .
0
200
100
0
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
F M A M J
J
N
D J
F M A 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
13
14
15
16
13
14
15
16
3.0
2.0
1.0
0.0
A S O
2.0
1.0
0.0
308
93
308 100 50
264 264
283 264
308 264
66 102 130 132 163 135 126 101
283 342
308 369
366 342
369 369 347
366 396 369 376 347
339 396
Number of Properties Sold
103
376
339 82 101
275 261 266 275 301 261 71 79 129 127 142 156 130
375
409
301
412
375
430
398
409
394
412
403
430
354
398
266
126 394
125 403
100
283 290 283
75 124 58 69 125
354
327 283 361
290
367 283 347
327 332
361 142 367
148 347
285 295 272
163 332
155 285
3 Mo Avg
137
295 126
272 101
46 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | 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 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 .