MA ARCHIVED September 2016 | Page 47

Market Action Report

September 2016

Arlington

County: Arlington

Agent Name
Title
Phone
Website
Other

Community Information
Price Range: $1,000,000 and Up | 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 September was 58, up 93.3%
from 30 days last month and up 28.9% from 45 days in
September of last year. The September 2016 DOM was at a mid
level compared with September of 2015 and 2014.

3 Mo Avg

120
100
80
58

60

45
37

40
20
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 September 2016 Selling Price per Square Foot of $401 was
down 2.8% from $413 last month and down 1.8% from 408 in
September of last year.

3 Mo Avg

437

450
430
410
390
370
350
330
310
290
270
250

408

401

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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
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
98%
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The September 2016 Selling Price vs
96%
Original List Price of 95.0% was down from 97.5% last month
and down from 96.5% in September of last year.
94%

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

96.8%

96.5%
95.0%

92%
90%
88%
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177

173

165

181

179
104

98

115

144

155

132

148

140

137

147

142

136
105

112

106

106

142

129

135

126

139

133

136

120

105

93

87

86

122

108

200
180
160
140
120
100
80
60
40
20
0

173

Inventory / New Listings / Sales

Inventory / New Listings / Sales

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 September 2016 was 75, up 114.3% from 35 last
month and up 36.4% from 55 in September of last year.

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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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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