MA ARCHIVED October 2016 | Page 48

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

County : Arlington

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
$ 618,000
-0%
3 %
Average List Price of all Current Listings
$ 823,907
2 %
10 %
October Median Sales Price
$ 534,000
3 %
-7%
-2%
-10%
$ 585,000
-1%
-1%
October Average Sales Price
$ 621,173
5 %
-4%
-1%
-4%
$ 651,979
1 %
1 %
Total Properties Currently for Sale ( Inventory )
517 -11%
-16%
October Number of Properties Sold
198
11 %
17 %
1,987
1 %
October Average Days on Market ( Solds )
42
-7%
14 %
11 %
2 %
40
5 %
-2%
Asking Price per Square Foot ( based on New Listings )
$ 400
1 %
1 %
-1%
-1%
$ 401
0 %
0 %
October Sold Price per Square Foot
$ 409
1 %
3 %
5 %
3 %
$ 398
0 %
1 %
October Month ' s Supply of Inventory
2.6 -19% -5% -29% -13%
2.9
-3%
-4%
October Sale Price vs List Price Ratio
97.0 %
. 2 %
-. 1 % -. 2 %
-. 1 %
97.3 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
300
October Property sales were 198 , up 17.2 % from 169 in October
of 2015 and 10.6 % higher than the 179 sales last month .
Property
October 2016 Sales sales were at their highest level compared to
300
250
October Property of 2015 sales and 2014 were . 198 October , up 17.2 YTD % from sales 169 of in 1,987 October are of running 2015 and 0.9 10.6 % ahead % higher of last than year the ' 179 s year-to-date sales last month sales . of 1,970 .
October 2016 sales were at their highest level compared to
250
200
October of 2015 and 2014 . October YTD sales of 1,987 are running 0.9 % ahead of last year ' s year-to-date sales of 1,970 .
200
150
150
100

Arlington

Agent Name
Title Phone Website Other

Community Information

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 534,000 , down 2.0 %
Prices from $ 545,000 in October of 2015 and up 2.7 % from $ 519,900 The last Median month Sales . The Price Average in October Sales Price was $ in 534,000 October , down was $ 2.0 621,173 % ,
800 from down $ 545,000 1.1 % from in October $ 628,077 of in 2015 October and up of 2.7 2015 % from and $ up 519,900 4.5 % from last $ 594,212 month . last The month Average . October Sales Price 2016 in October ASP was was at the $ 621,173 lowest , level 750 down compared 1.1 % from to October $ 628,077 of in 2015 October and 2014 of 2015 . and up 4.5 % from 700 $ 594,212 last month . October 2016 ASP was at the lowest level compared to October of 2015 and 2014 .
650 600
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The October Total Inventory was 517 , down of Properties 10.9 % from available 580 for last sale month as of and down October 16.3 % from was 517 618 , down in October 10.9 % of from last 580 year last . October month and 2016 down Inventory 700 16.3 was % at from its lowest 618 in October level compared of last year with . October 2016 of 2015 Inventory and 2014600
. was at its lowest level compared with October of 2015 and 2014 .
500
400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 2.6 200
higher months MSI was is better at its lowest for buyers level . The compared October with 2016 October MSI of 2.6 of 2015 months was at its lowest level compared with October of 2015
100 and 2014 . and 2014 .
0
100
50
0
550 500 450 400
50
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
A S O
13
14
15
16
N
D
J
F M A M J
13
14
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
15
16
J
A S O
3 Mo Avg
800
750
Median Sales Price and Average Sales Price
3 Mo Avg
700
650
600
550
500
450
400
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
N
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
13
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
146 174 110 134 147 209 268 233 232 189 187 187 143 195 121 116 179 204 222 283 261 208 207 169 142 179 114 103 180 220 249 276 241 227 179 198
600 500 400 300
365
200 100
N 13
311 146
365 174 110
315
344 311
315 377 134 457 344
147 522 377
209
457 534 535
268
522
534 585 535 586 530
530
233 232 189 477
187
585 404
187
586 408
477
143 195
601
436 404 474 408
121
641 436
666
648 601 641
600 617 618
533
425 432 427
425 515 623 613
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
F M A M J
J
0.0
A S O
604 515 586
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
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
14 15
16
116
474 179 204 222 666
283 648
261 600
208 617
207 618
169
533 142 179 432
114
427 103 180 623
542 220 613 580
249 604 517
276 586
241 542
227
580 179
517 198
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
48 | 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 .