MA ARCHIVED April 2017 | Page 52

Market Action Report
Culpeper
County: Culpeper
Market Action Report
County: Culpeper
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
$340,000
1%
4%
Other
$420,901 Trending
2% versus*: 6%
Month
LM 4%
L3M 4%
PYM 2%
LY
$285,000
$340,000
1% 5% 6%
4% 4%
$299,303
$420,901 249
2% 7%
6% -14%
$285,000 4%
4%
2% 17%
4%
63 7%
$299,303 5%
6%
4%
4%
63 -28% -15% -41%
249 7%
-14%
$158 15% 11% 10%
63 7%
17%
$136 4% 5% 1%
63 -28% -15% -41% -10%
4.0 0% -16% -26%
$158 15% 11% 10% 15%
96.3% 1.2% .9% 1.9%
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*:
YTD
Prior YTD 6%
Prior Year
$275,000
4%
4%
$282,901
0%
-1%
4%
$275,000
$282,901
-10%
6%
194
8% 0%
4%
74 -23% -1%
15%
$142
1%
194
8%
5%
$130
3%
74 -23%
6%
-27%
5.0 -18%
$142
1%
4%
.8%
95.5%
1%
6%
4%
1%
-8%
-0%
$136 4% 5% 1% 5%
$130
3%
1%
4.0 0% -16% -26% -27%
5.0 -18%
-8%
of 95.5%
Properties
96.3% 1.2% .9% 1.9% Number
.8%
1% 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
90
April Property sales were 63, up 16.7% from 54 in April of 2016
80
and 6.8% higher than the 59 sales last month. April 2017 sales
Property
Sales
were at their
highest level compared to April of 2016 and 2015. 90 70
April
sales
63, running
up 16.7% 7.8%
from ahead
54 in April
of year's
2016 year-
April Property
YTD sales
of were
194 are
of last
80 60
and
6.8% sales
higher
to-date
of than
180. the 59 sales last month. April 2017 sales
were at their highest level compared to April of 2016 and 2015.
70 50
April YTD sales of 194 are running 7.8% ahead of last year's year-
60
to-date sales of 180.
50 40
40 20
3 Mo Avg
Prices
The Median Sales Price in April was $285,000, up 1.8% from
Prices
$279,950 in April of 2016 and up 3.6% from $275,000 last
The
Median
Sales
Price Sales
in April
was in
$285,000,
1.8% from up 4.1%
month.
The
Average
Price
April was up
$299,303,
400
$279,950
in April in
of April
2016 of
and
up 3.6%
from
$275,000
last
from $287,576
2016
and up
5.5%
from $283,828
last
380
month.
Average
Price at in the
April
was $299,303,
up 4.1%
month. The
April
2017 Sales
ASP was
highest
level compared
to
from
April
of 2016 and up 5.5% from $283,828 last 360
April $287,576
of 2016 in
and
2015.
340
320
300
280
260
240
220
200
Inventory & MSI
14
400
380
360
340
320
300
280
260
240
220
200
Median Sales Price and Average Sales Price
3 Mo Avg
17
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
10.0
8.0
6.0
0
36
16
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
450
was Total
249, Inventory
up 6.9% from
233 last available
month and
down
from
The
of Properties
for sale
as 14.1%
of April
290 249,
in April
of last
year.
April
2017 and
Inventory
was at
its lowest 450 400
was
up 6.9%
from
233 last
month
down 14.1%
from
400 350
290
in compared
April of last with
year. April
April
level
of 2017
2016 Inventory
and 2015. was at its lowest
350 300
level compared with April of 2016 and 2015.
300 250
250 200
A comparatively lower MSI is more beneficial for sellers while 200
a 150
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 4.0 a 150 100
100
higher
MSI
is better
for buyers.
April 2017
of 4.0
50
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and
50
months
0
2015. was at its lowest level compared with April of 2016 and
2015.
56
15
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
0
0
10
10
20
30
30
month. April 2017 ASP was at the highest level compared to
April of 2016 and 2015.
Number of Properties Sold
4.0
2.0
0.0
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:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH - Con
52
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.
8.0
6.0
4.0
2.0
0.0