MA ARCHIVED April 2017 | Page 64

Market Action Report
Loudoun
County: Loudoun
Market Action Report
County: Loudoun
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
$699,900
0%
8%
Other
$878,110 Trending
-1% versus*:
18%
Month
LM 4%
L3M 2%
PYM 5%
LY
$579,900
$699,900
0% 3% 3%
8% 5%
$575,949
$878,110 1,116
-1% 6% 18% -22%
$579,900 368
4% 29%
2% 5% 10%
5%
$575,949 3%
3%
5%
4%
34 -33% -28% -28%
1,116 6%
-22%
$186 -1% 1% 1%
368 29%
10%
$184 3% 2% 2%
34 -33% -28% -28% -32%
3.0 -18% -20% -29%
$186 -1% 1% 1% 2%
98.7% 1.5% 1.1% 1.4%
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
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
April Property sales were 368, up 9.5% from 336 in April of
2016 and 29.1% higher than the 285 sales last month. April
Property
2017 sales Sales
were at their highest level compared to April of 2016 500
April
sales
were
368, of up
9.5% are
from
336 in 2.4%
April of
and Property
2015. April
YTD
sales
1,063
running
ahead of 450
2016
29.1%
higher than
the of
285
sales last month. April
last and
year's
year-to-date
sales
1,038.
2017 sales were at their highest level compared to April of 2016
and 2015. April YTD sales of 1,063 are running 2.4% ahead of
last year's year-to-date sales of 1,038.
Trending versus*:
YTD
Prior YTD 8%
Prior Year
$570,000
5%
4%
$560,675
3%
1%
5%
$570,000 1,063
8%
$560,675
5%
-32%
47
2% 3%
-24% 1%
2%
$185
2%
1,063
2%
5%
$180
2%
47 -24%
-6%
-23%
3.8 -20%
$185
2%
1%
1.9%
97.6%
1%
-6%
1%
3%
-3%
1%
$184 3% 2% 2% 5%
$180
2%
3%
3.0 -18% -20% -29% -23%
3.8 -20%
-3%
Number of 97.6%
Properties
98.7% 1.5% 1.1% 1.4% 1.9%
1% Sold 1%
* 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
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
500
Number of Properties Sold
450
3 Mo Avg
400
350
400 300
350 250
300 200
Prices
540
520
500
480
460
440
420
400
14
600
580
560
540
520
500
480
460
440
420
400
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
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,000
1,000
A comparatively lower MSI is more beneficial for sellers while a
339
211
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
2,000
was Total
1,116,
up 5.8% of from
1,055 last
month
The
Inventory
Properties
available
for and
sale down
as of 22.4%
April from
2,000
1,438
in April
of last
2017 Inventory
at from
its lowest
was
1,116,
up 5.8%
from year.
1,055 April
last month
and down was
22.4%
1,438
April of last
year.
April
2017 and
Inventory
level in
compared
with
April
of 2016
2015. was at its lowest
1,500
level compared with April of 2016 and 2015.
15
Median Sales Price and Average Sales Price
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
month. April 2017 ASP was at the highest level compared to
April of 2016 and 2015.
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
The Median Sales Price in April was $579,900, up 5.4% from
Prices
$549,995 in April of 2016 and up 3.6% from $560,000 last
The
Median
Sales
Price Sales
in April
was in
$579,900,
5.4% from up 4.8%
month.
The
Average
Price
April was up $575,949,
600
$549,995
in April in
of April
2016 of
and
up 3.6%
from
$560,000
last
from $549,809
2016
and up
2.5%
from $561,899
last
580
month.
Average
Price at in the
April
was $575,949,
up 4.8%
month. The
April
2017 Sales
ASP was
highest
level compared
to
from
in April
of 2016 and up 2.5% from $561,899 last 560
April $549,809
of 2016 and
2015.
0
50
100
200 100
150 50
250 150
500
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 3.0 a
500
higher
MSI
is better
for buyers.
April 2017
of 3.0
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and
months
0
2015. was at its lowest level compared with April of 2016 and
0
2015.
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
64
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
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0