MA ARCHIVED April 2017 | Page 48

Market Action Report Arlington County: Arlington Market Action Report County: Arlington April 2017 Agent Name Title Phone Agent Name Website Other Title April 2017 Community Information Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $785,000 -1% 24% Other $915,772 Trending -4% versus*: 15% Month LM 21% L3M 14% PYM 13% LY $661,900 $785,000 -1% 7% 5% 24% 10% $696,178 $915,772 491 -4% 6% 15% -21% $661,900 187 21% -6% 14% 13% -15% 13% $696,178 7% 5% 10% 6% 31 -26% -33% -16% 491 6% -21% $408 -3% 0% -3% 187 -6% -15% $408 8% 4% 1% 31 -26% -33% -16% -24% 2.6 12% 2% -8% $408 -3% 0% -3% 2% 98.0% .3% .8% -.2% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot Trending versus*: Prior YTD Prior Year YTD Trending versus*: Prior YTD 0% Prior Year -1% 13% YTD $580,000 6% $661,173 5% 1% $580,000 $661,173 -24% 0% 654 5% 46 $410 654 6% $391 46 -4% 2.7 $410 0% 97.2% 2% 3% -7% .9% 6% -1% -4% 1% 0% -2% 12% -23% 3% 0% 12% 3% -1% -6% 0% $408 8% 4% 1% 3% $391 -2% -1% 2.6 12% 2% -8% -7% 2.7 -23% -6% of 97.2% Properties 98.0% .3% .8% -.2% Number .9% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 3 Mo Avg 300 April Property sales were 187, down 15.0% from 220 in April of 2016 and 5.6% lower than the 198 sales last month. April 2017 250 Property sales were Sales at their lowest level compared to April of 2016 and 300 April Property sales sales were of 187, down 15.0% from 220 ahead in April of 2015. April YTD 654 are running 6.0% of last 200 2016 and 5.6% lower than 198 sales last month. April 2017 year's year-to-date sales the of 617. 250 Prices The Median Sales Price in April was $661,900, up 13.0% from Prices $585,500 in April of 2016 and up 21.2% from $546,000 last The Median Sales Price Sales in April was in $661,900, 13.0% from month. The Average Price April was up $696,178, up 9.8% 800 $585,500 in April in of April 2016 of and up 21.2% $546,000 last from $634,236 2016 and up from 7.3% from $649,044 last month. Average Price at in the April was $696,178, up 9.8% month. The April 2017 Sales ASP was highest level compared to 750 from in April of 2016 and up 7.3% from $649,044 last 700 April $634,236 of 2016 and 2015. 208 0 50 50 100 14 15 800 16 17 Median Sales Price and Average Sales Price 750 114 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 D J F M A 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 100 150 3 Mo Avg 150 200 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 654 are running 6.0% ahead of last year's year-to-date sales of 617. Number of Properties Sold 3 Mo Avg 700 650 650 600 600 550 550 500 500 450 450 400 Total Inventory & Month's Supply of Inventory (MSI) 2015. 0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 2.6 a 200 higher MSI is better for buyers. April 2017 of 2.6 months was at its lowest level The compared with MSI April of 2016 and 100 100 months 0 2015. was at its lowest level compared with April of 2016 and 400 400 500 level compared with April of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of April 700 was Total 491, Inventory up 5.6% from 465 last available month and from The of Properties for down sale as 21.4% of April 625 491, in April of last year. April 2017 and Inventory was at from its lowest 700 600 was up 5.6% from 465 last month down 21.4% 625 in compared April of last with year. April April was at its lowest level of 2017 2016 Inventory and 2015. 600 500 Inventory & MSI 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 D J F M A 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 400 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 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 D J F M A 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Brokerage | Price Range: | Property All | Property Types: SFH - Con Copyright © | Coldwell Price SFH - Con 48 c o Banker l d Residential w e l l Brokerage b a n | k e Range: r h o All m e s . Types: com 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 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 warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction. 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0