MA ARCHIVED October 2016 | Page 49
Market Action Report
October 2016
Arlington
County: Arlington
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for October was 42, down 6.7% from
45 days last month and up 10.5% from 38 days in October of last
year. The October 2016 DOM was at a mid level compared with
October of 2015 and 2014.
3 Mo Avg
70
60
50
42
38
37
40
30
20
10
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The October 2016 Selling Price per Square Foot of $409 was up
1.2% from $404 last month and up 4.8 % from 390 in October of
last year.
450
440
430
420
410
400
390
380
370
360
350
3 Mo Avg
409
391
390
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The October 2016 Selling Price vs Original
List Price of 97.0% was up from 96.8% last month and down
from 97.2% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
99%
98%
97.2%
97.2%
97.0%
97%
96%
95%
94%
93%
92%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
580
517
542
604
586
613
623
515
432
427
425
617
600
666
618
533
474
648
601
408
436
586
585
535
477
404
377
344
315
200
365
300
457
400
530
522
500
534
600
641
700
311
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in October 2016 was 211, down 35.1% from 325 last month and
down 23.3% from 275 in October of last year.
100
0
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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.
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