MA ARCHIVED September 2016 | Page 52

Market Action Report

Fairfax City

County: Fairfax 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
$1,295,000
Other

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

Trending versus*:
L3M PYM LY

Trending versus*:
Prior YTD Prior Year

YTD

3 Mo Avg

Number of Properties Sold

5

3 Mo Avg

0

5

3

3

3

2

2

0

1

0

0

3

1

0

3

1

2

2

4

0

1

1

1

1

1

3

3

4

3

2

1

1

1

0

5

3

3

3

2

2

0

1

0

0

3

1

0

3

1

2

2

4

0

1

1

1

1

1

3

3

4

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
3

0

2

1

1

1
1

2

1

2

1

3

1

3

1

4

4

0

0.0 -100% -100% -100% -100%
10.6 -25%
-23%
Number of95.6%
Properties
0.0% -100.0% -100.0% -100.0% -100.0%
-1% Sold 0%

6

1

September Property sales were 0, down 100.0% from 1 in
September of 2015 and 100.0% lower than the 5 sales last
Property
Sales 2016 sales were at their lowest level
6
month. September
September Property sales were 0, down 100.0% from 1 in
compared to September of 2015 and 2014. September YTD
September of 2015 and 100.0% lower than the 5 sales last
sales of 19 are running 35.7% ahead of last year's year-to-date 5
month. September 2016 sales were at their lowest level
sales of 14.
compared to September of 2015 and 2014. September YTD
sales of 19 are running 35.7% ahead of last year's year-to-date
sales of 14.

LM

2%
13%
$1,580,830 Trending
-1% versus*:
30%
Trending versus*:
Month $0
LM -100%
L3M -100%
PYM -100%
LY -100% YTD
Prior YTD -7%
Prior Year -7%
$1,125,000
$1,295,000 $0
2% -100% -100%
13% -100% -100% $1,145,525
-4%
-4%
$1,580,830 -1%
25 14% 30% -22%
$0 -100% -100% -100% -100% $1,125,000
-7%
-7%
0 -100%
-100%
19
36%
$0 -100% -100% -100% -100% $1,145,525
-4%
-4%
0 -100% -100% -100% -100%
95
94%
67%
25 14%
-22%
$233 2% 2% 18% 13%
$220
7%
6%
0 -100%
-100%
19
36%
$0
-100% -100%
-100%
$179
-15%
-13%
0 -100% -100% -100% -100%
95
94%
67%
-23%
$233 0.0
2% -100%
2% -100%
18% -100%
13% -100% $220 10.6
7% -25%6%
0.0%
-100.0% -100.0% -100.0% -100.0%
95.6%
-1%
0%
$0 -100% -100%
-100%
$179
-15%
-13%

Average List Price of all Current Listings

1

County: Fairfax City

Agent Name

1

Market Action Report

September 2016

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
Price
13
14
15 Price and Average Sales
16
3 Mo Avg

Prices

The Median Sales Pri ce in September was $0, down 100.0%
1,400
Prices
from $1,185,000 in September of 2015 and down 100.0% from
The
Median Sales
in September
wasSales
$0, down
$1,260,000
last Price
month.
The Average
Price100.0%
in September1,4001,350
from
in September
of 2015 andin
down
100.0% of
from
was $1,185,000
$0, down 100.0%
from $1,185,000
September
2015
1,3501,300
$1,260,000
month.
The
Average Sales
in September
and down last
100.0%
from
$1,269,400
last Price
month.
September
1,250
was $0, down 100.0% from $1,185,000 in September of 2015
2016 ASP was at a mid range compared to September of 2015 1,300
and down 100.0% from $1,269,400 last month. September
and 2014.
1,2501,200
2016 ASP was at a mid range compared to September of 2015
1,2001,150
and 2014.

Median Sales Price and Average Sales Price

3 Mo Avg

1,1501,100
1,1001,050
1,0501,000
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

6

25.0
25

25.0
22

26

25
22

16

30.0

30.0
25

28
25

23

26

28

18

17 23

28

26
16

18

28

33

32
29
17

17

26

33
31

29
32

31
27
29

29

5

5

6

5

35.0

35.0

20.0
15.0
10.0

5.0

5

10

8

10

17

16
8

16

10

17

10

8 15

14
11

17

16

15

14 19
1615
17 19
1616

20

A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 10 10
higher MSI is better for buyers. The September 2016 MSI of 0.0
higher MSI is better for buyers. The September 2016 MSI of 0.0
5
months was at a mid level compared with September of 2015 5
months was at a mid level compared with September of 2015
0
and 2014.
0
and 2014.

27

25

11 13
8 9

15

30

17

20

35

9

and 2014.

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

13

Inventory
& MSI of Properties available for sale as of
The Total Inventory
The
Total Inventory
Properties
available
sale asand
of down
September
was 25,ofup
13.6% from
22 lastformonth
35
September
was
13.6% from
month
and down
21.9% from
3225,
inup
September
of 22
lastlast
year.
September
2016
21.9%
from 32
of compared
last year. September
2016 of 201530
Inventory
wasinatSeptember
a mid level
with September
Inventory
was at a mid level compared with September of 2015
and 2014.
25

0.0
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
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
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
of MD,
Inc.,
Information
Systems,
Inc., Sussex
of REALTORS
and may notand
reflect
estate activity.
Coldwell
Banker
Residential
Brokerage
52
| ccourtesy
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