MA ARCHIVED September 2016 | Page 46

Market Action Report Arlington County: Arlington Community Information Price Range: $1,000,000 and Up | Properties: SFH - Con Phone Website Month $1,549,000 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 -3% 7% $1,615,880 Trending -1% versus*:5% Month LM -7% L3M -6% PYM -9% LY $1,227,500 $ 1,549,000 -3% -4% -4% 7% -4% $1,376,371 $1,615,880 -1% 5% 177 7% 20% $1,227,500 -7% -6% -9% -9% 20 -39% -26% $1,376,371 -4% -4% -4% -2% 58 93% 38% 29% 177 7% 20% $378 -9% 1% 0% 20 -39% -26% 58$401 93% -3% 38% 7% 29% -2% 0% 8.9 77% 48% $378 -9% 1% 0% 61% -2% $40195.0% -3% -2.6% 7% -1.8% -2% -1.6% 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 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date September Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales $1,417,255 $1,299,000 $1,417,255 -4% 1% -1% -3% -4% 265 8% -1% 1% 0% 51 -12% -2% $388 1% 265 8% 8% $376 -1% 51 -12% -12% 73% $388 6.0 17%0% 1% -1.5% $376 96.8% 0% 1% -1% -12% 0% 1% 17% 0% 3 Mo Avg 3 Mo Avg 20 33 42 52 38 28 19 13 20 31 24 23 27 26 28 41 36 30 28 14 16 31 22 23 23 23 38 37 49 27 20 18 5 20 33 42 52 38 28 19 13 20 31 24 23 27 26 28 41 36 30 16 31 22 23 23 23 38 37 49 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 27 0 25 10 20 10 18 20 18 20 5 30 25 30 25 40 40 0 Trending versus*: YTD Prior YTD -3% Prior Year $1,299,000 -9% -2% Number of Properties Sold 50 25 compared to September of 2015 and 2014. September YTD sales of 265 are running 7.7% ahead of last year's year-to-date sales of 246. 60 18 September Property sales were 20, down 25.9% from 27 in September of 2015 and 39.4% lower than the 33 sales last Property Sales 2016 sales were at their lowest level 60 month. September September Property sales were 20, down 25.9% from 27 in compared to September of 2015 and 2014. September YTD September of 2015 and 39.4% lower than the 33 sales last sales of 265 are running 7.7% ahead of last year's year-to-date 50 month. September 2016 sales were at their lowest level sales of 246. Trending versus*: Prior YTD Prior Year YTD 8.9 77% 48% 61% 73% 6.0 17% 17% Number of96.8% Properties 95.0% -2.6% -1.8% -1.6% -1.5% 0% Sold 0% September Month's Supply of Inventory 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 $1,227,500, down 1,700 Prices 9.1% from $1,350,000 in September of 2015 and down 7.4% The Median Sales Price in September was $1,227,500, down from $1,325,000 last month. The Average Sales Price in 1,7001,600 9.1% from $1,350,000 in September of 2015 and$1,431,643 down 7.4%in September was $1,376,371, down 3.9% from from $1,325,000 last month. The Average Sales Price in 1,6001,500 September of 2015 and down 4.3% from $1,438,022 last month. September was $1,376,371, down 3.9% from $1,431,643 in September 2016 ASP was at the lowest level compared to September of 2015 and down 4.3% from $1,438,022 last month. 1,5001,400 September of 2015 and 2014. September 2016 ASP was at the lowest level compared to September of 2015 and 2014. September 2016 Title Phone Agent Name Website Title Other 28 County: Arlington Agent Name 14 Market Action Report September 2016 Median Sales Price and Average Sales Price 3 Mo Avg 1,4001,300 1,300 1,200 1,200 1,100 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 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The September 2016 MSI of 8.950 higher MSI is better for buyers. The September 2016 MSI of 8.9 months was at its highest level compared with September of months was at its highest level compared with September of 2015 and 2014. 0 2015 and 2014. 50 Total Inventory & Month's Supply of Inventory (MSI) 20.0 86 108 9387 105 86 120 93 105136 139 120 133136 126 139 135 133 142 126 129 135 106 142 112 129 106 105106 100 122 108 122 87 Inventory & MSI of Properties available for sale as of The Total Inventory 200 The Total Inventory ofup Properties available formonth sale as and of up 19.6% September was 177, 7.3% from 165 last 200 September wasSeptember 177, up 7.3% fromyear. 165 last month and up Inventory 19.6% from 148 in of last September 2016 from inhighest September last year. September 2016 Inventory 150 was 148 at its levelofcompared with September of 2015 and 150 was at its highest level compared with September of 2015 and 2014. 2014. 100 112 136 106 147 105142 136 140 137 147 148 142 155 140 132137 98 148 104 155 115 132 98 144 179 104 181 115 173 144 173 179 165 181 177 173 173 165 177 1,100 15.0 10.0 5.0 0 0.0 M JA JM AJ S J OAN S DOJ NF DM JA FM MJ AJ M O N O D NJ D F MJ AF M A SJ OJ NA DS JO FN MD AJ MF JMJ AAMS J J A S 13 14 15 16 13 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 re al estate activity. Coldwell Banker Residential Brokerage Data is is provided courtesy of MD, Inc., Information Systems, Inc., Sussex of REALTORS and may notand reflect estate activity. Coldwell Banker Residential Brokerage 46 | c o lofdCoastal w eAssociation l Association l b aofnREALTORS 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. 20.0 15.0 10.0 5.0 0.0