MA ARCHIVED September 2016 | Page 54

Market Action Report

September 2016

Title
Phone
Agent
Name
Website
Title Other

Community Information

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

Phone
Website
Month
$1,469,000
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

Trending versus*:
Prior YTD Prior Year

YTD

-0%
-2%
$1,903,360 Trending
1% versus*:
-1%
Trending versus*:
Month
LM 1%
L3M 2%
PYM 2%
LY
Prior YTD 0%
Prior Year
$1,299,999
0% YTD
$1,280,000
$1,469,000
-0% 0% -2%
-2% -7% -3% $1,450,931
$1,424,472
0%
$1,903,360 1%
-1%
791 1%
-10%
$1,299,999 1% 2% 2% 0% $1,280,000
0%
-1%
69 -30%
11%
736
4%
$1,424,472 0% -2% -7% -3% $1,450,931
0%
-1%
84 25% 17% -7% 6%
76
6%
791 1%
-10%
$294 11% 6% 4% 7%
$271
-1%
69 -30%
11%
736
4%
$256
4%
-1%
3%
-1%
$261
1% -4%
84 25% 17% -7% 6%
76
6%
11.5
43%
21%
-19%
7%
10.7
2% -1%
$294 11% 6% 4% 7%
$271
-1%
93.5%
-1.3%
-1.1%
-1.1%
-.7%
94.6%
0% 1%
$256 4% -1% 3% -1%
$261
1%

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

-1%
-1%

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

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

11.5 43% 21% -19% 7%
10.7
2%
-0%
of94.6%
Properties
93.5% -1.3% -1.1% -1.1% Number
-.7%
0% Sold 0%

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

160
September Property sales were 69, up 11.3% from 62 in
140
September of 2015 and 29.6% lower than the 98 sales last
Property
Sales 2016 sales were at their highest level
160
month. September
120
September Property sales were 69, up 11.3% from 62 in
compared to September of 2015 and 2014. September YTD 140
September of 2015 and 29.6% lower than the 98 sales last
100
sales of 736 are running 4.4% ahead of last year's year-to-date
month. September 2016 sales were at their highest level
120
sales of 705.
compared to September of 2015 and 2014. September YTD
80
100

Number of Properties Sold

69

98

93

96

145

89

63

36

73

47

69

62

81

116

120

69

106

60

45

46

76

52

51

54

93

92

93

108

76

46

43

32

71

58

69

98

96

89

63

47

36

73

47

69

62

81

116

120

106

69

60

45

46

76

52

51

54

93

92

108

93

76

46

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
43

58

0

71

0

20

32

20

40

48

40

60

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 $1,299,999, up 2.4%
1,800
Prices
from $1,270,000 in September of 2015 and up 0.5% from
The
Median Sales
Price in September
wasSales
$1,299,999,
2.4%
$1,293,500
last month.
The Average
Price inup
September
1,8001,700
from
September
of 2015
and up 0.5%
from
was $1,270,000
$1,424,472,indown
6.6% from
$1,525,896
in September
of
$1,293,500
last
month.
The
Average
Sales
Price
in
September
1,7001,600
2015 and up 0.1% from $1,422,962 last month. September 2016
was $1,424,472, down 6.6% from $1,525,896 in September of
ASP was at the lowest level compared to September of 2015 and
2015 and up 0.1% from $1,422,962 last month. September 2016 1,6001,500
2014.
ASP was at the lowest level compared to September of 2015 and
2014.

3 Mo Avg

60

80

48

sales of 736 are running 4.4% ahead of last year's year-to-date
sales of 705.

3 Mo Avg

93

County: Fairfax

Agent Name

47

Market Action Report

Fairfax County

145

County: Fairfax

September 2016

Median Sales Price and Average Sales Price

3 Mo Avg

1,5001,400
1,400

1,300

1,300

1,200
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

Inventory & MSI

and 2014.

600

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

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

581
491
408
581
412 491
462
408
412555
462 686
555 744
749
686
729
744
716
749
751
729
714
716
613
751
526
714
521
559 613
526
648
521 785
559
886
648 893
785
894
870886
878893
825 894
681
870
580
878
581
825
649
681
796
580
890
581
880
649
873
796
839
890
784
791 880

Inventory
& MSI of Properties available for sale as of
The Total Inventory
1,000
The
Total Inventory
of up
Properties
available
for month
sale as of
September
was 791,
0.9% from
784 last
and down
1,000
September
791,
up 0.9% from
month
and down
9.9% fromwas
878
in September
of 784
last last
year.
September
2016
800
9.9%
from 878
ofcompared
last year. September
2016 of 2015
Inventory
wasinatSeptember
a mid level
with September
800
Inventory
was
at
a
mid
level
compared
with
September
of
2015
and 2014.
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The September 2016 MSI of
200
higher MSI is better for buyers. The September 2016 MSI of
200
11.5 months was at its lowest level compared with September of
11.5 months was at its lowest level compared with September of
0
2015 and 2014.
0
2015 and 2014.

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

873
839
784
791

1,200

M JA JMA J S J OAN SD OJ NF DM JA M
F MJ AJ M
O N O
D N
J FD MJ AF M
A SJ OJ NA DS JO FNMD A J MF J MJ AA MS J J A S
14
15
16
13 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
courtesy
REALTORS
of MD,
Inc.,
Information
Systems,
Inc., Sussex
of REALTORS
and may notand
reflect
estate activity.
Coldwell
Banker
Residential
Brokerage
54
| 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.

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0