MA ARCHIVED September 2016 | Page 44

Market Action Report

Alexandria

County: Alexandria City

September 2016

Title
Phone
Agent
Name
Website
Title Other

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Con

Phone
Website
Month
$1,510,000
Other

Market Profile & Trends Overview
Median
List Price
all Current
Price Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings

LM

Trending versus*:
L3M PYM LY

6%
9%
$1,925,809 Trending
2% versus*:
13%
Month
LM 7%
L3M 7%
PYM 4%
LY
$1,370,000
$1,510,000
6% 68% 41%
9% 30%
$2,076,250
$1,925,809 2%
44 13% 13% -2%
$1,370,000 7% 7% 4% 15%
6 -14%
0%
$2,076,250 68% 41% 30% 52%
58 -35% 14% 93%
44 13%
-2%
$385 -37% -4% -14%
6 -14%
0%
58$398
-35% 3%
14% 8%
93% 26%
2%
7.3 32%
$385 -37%
-4% 33%
-14% -2%
0%
$39892.6%
3% 3.3%
8% -2.2%
26% -3.5%
8%

Average List Price of all Current Listings
Market
Profile
& Trends
Overview
September
Median
Sales Price
Median List Price of all Current Listings

September Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

September Median Sales Price

September Number of Properties Sold

September Average Sales Price

September Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

September Number of Properties Sold

September Sold Price per Square Foot

September Average Days on Market (Solds)

September Month's Supply of Inventory

Asking Price per Square Foot (based on New Listings)

SeptemberSold
SalePrice
Price
vsSquare
List Price
September
per
FootRatio

Trending versus*:

$1,210,500
$1,392,308

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

18

3 Mo Avg

3 Mo Avg

14
12
10

12

8

10

6

8

6

7

12

7

13

4

4

8

5

6

7

6

6

10

7

16

9

7

9

9

5

8

6

7

4

9

7

6

4

5

1

10

6

7

12

7

13

4

4

8

5

6

7

6

6

10

7

16

9

7

5

8

6

7

4

9

7

10

6

11

4

5

5

1

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 F M A M J J A S
13
14
15
16

7

3

5

0

2

7

3

2

4

11

4

6

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 F M A M J J A S
Median Sales
13
14
15 Price and Average Sales
16 Price
3 Mo Avg

Prices

The Median Sales Price in September was $1,370,000, up 4.2%
2,200
Prices
from $1,315,000 in September of 2015 and up 7.3% from
The
Median Sales
Price in September
wasSales
$1,370,000,
4.2%
$1,277,000
last month.
The Average
Price in up
September
2,2002,000
from
inup
September
of 2015
and up 7.3%
from
was $1,315,000
$2,076,250,
30.0% from
$1,596,667
in September
of
$1,277,000
last
month.
The
Average
Sales
Price
in
September
2015 and up 67.8% from $1,237,286 last month. September 2,0001,800
was $2,076,250, up 30.0% from $1,596,667 in September of
2016 ASP was at the highest level compared to September of
2015 and up 67.8% from $1,237,286 last month. September
1,8001,600
2015 and 2014.
2016 ASP was at the highest level compared to September of
2015 and 2014.

-4%
1%
-4%
13%
0%

Number of Properties Sold

16

14

0

1%

7.3 32% 33% -2% 33%
6.2
15%
13%
Number of95.6%
Properties
92.6% 3.3% -2.2% -3.5% -2.8%
-0% Sold 0%

September Sale Price vs List Price Ratio

2016 sales were at their highest level compared to September of
2015 and 2014. September YTD sales of 66 are running 15.4%
behind last year's year-to-date sales of 78.

1%

66 -15%
0%
2%
2%
55
-5%
0%
$387
-2%
66 -15%
8%
$354
55
-5% -5%-4%
33% $387
6.2
-2% 15%1%
-2.8% $354 95.6%
-5% -0%-4%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

September Month's Supply of Inventory

September Property sales were 6, equal to 6 in September of
2015 and 14.3% lower than the 7 sales last month. September
Property
18
2016 salesSales
were at their highest level compared to September of
September Property sales were 6, equal to 6 in September of
2015 and 2014. September YTD sales of 66 are running 15.4%16
2015 and 14.3% lower than the 7 sales last month. September
behind last year's year-to-date sales of 78.

Trending versus*:
Prior YTD Prior Year

YTD

Prior YTD 1%
Prior Year 1%
15% YTD
$1,210,500
52% $1,392,308
0%
2%

9

County: Alexandria City

Agent Name

9

Market Action Report

September 2016

Median Sales Price and Average Sales Price

3 Mo Avg

1,6001,400
1,400

1,200

1,200

1,000
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 F M A M J J A S

O N 13
D J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A16M J J A S
13
14
15
16

Total Inventory & Month's Supply of Inventory (MSI)

Inventory & MSI

and 2014.

44

39

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0

43

45

44

43
38
39

39

45

48

29

38

34

48

39

2939

43
29

34

45
29

45
39

49
43

44
49
45 45

33 45
44
48

44

3444

39
33

34

39

45 48

58
52

58
52

49

58

54

58

37
41
35

48
41

43

46
37

46

30
30
A comparatively lower MSI is more beneficial for sellers while a 20
A comparatively lower MSI is more beneficial for sellers while a 20
higher MSI is better for buyers. The September 2016 MSI of 7.3
higher MSI is better for buyers. The September 2016 MSI of 7.3
10
months was at its lowest level compared with September of 2015
10
months was at its lowest level compared with September of 2015
0
and 2014.
0

43

40

53
45
55
48
5453
49 55

Total Inventory & Month's Supply of Inventory (MSI)

Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
Properties
available
formonth
sale asand
of down 2.2% 70
September
was 44,ofup
12.8% from
39 last
September
44, up 12.8%
from
39 last
month and
down
2.2% 70 60
from 45 inwas
September
of last
year.
September
2016
Inventory
from
in September
ofcomp ared
last year. September
2016 Inventory
was 45
at its
lowest level
with September
of 2015 and 60 50
was
at its lowest level compared with September of 2015 and
2014.
50
40
2014.

3545

1,000

J AF M
M JA JM AJ S J OA NS DO J NF DM JA FM MJ AJ M
A DS JO FN MD AJ MF JM J AAMS J J A S
O NO
D NJ D
F M
A SJ OJ N
15
16
13 13 14 14
15
16

Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
Up | Property
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Upand
| Property
Types: Types:
SFH - Con

Data
provided
courtesy
of Coastal
of REALTORS
MD,Metropolitan
Information
Systems,
Inc.,County
SussexAssociation
County Association
of REALTORS
mayallnotrelevant
reflectreal
all relevant
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
courtesy
REALTORS
of MD,
Inc.,
Information
Systems,
Inc., Sussex
of REALTORS
and may notand
reflect
estate activity.
Coldwell
Banker
Residential
Brokerage
44
| c
o lofdCoastal
w eAssociation
l Association
l b aofn
kerh
oofm
eInc.,
s .Metropolitan
c oRegional
m Regional
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.

40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0