MA ARCHIVED April 2017 | Page 68
Market Action Report
Manassas Park
County: Manassas Park City
Title
Phone
Agent
Name
Website
Other
Title
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
$284,900
3%
-13%
Other
$312,785 Trending
7% versus*:
-10%
Month
LM 14%
L3M 10%
PYM 8%
LY
$297,000
$284,900
3% 1% -13%
$303,833
5% 10%
$312,785 7%
13 -19% -10% -48%
$297,000 14%
10% 8% 13%
8%
9 -47%
$303,833 1%
5%
10%
4%
3 -95% -93% -85%
13 -19%
-48%
$161 -5% 0% -1%
9 -47%
13%
$147 -9% -11% -6%
3 -95% -93% -85% -93%
1.4 53% 19% -54%
$161 -5% 0% -1% -1%
99.0% 1.2% 1.4% -1.5%
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
$147 -9% -11% -6%
1.4 53% 19% -54%
99.0% 1.2% 1.4% -1.5%
* 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
0
-2%
-1%
6%
-46%
1%
3 Mo Avg
3 Mo Avg
19
7
16
3 Mo Avg
17
Median Sales Price and Average Sales Price
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)
0
10
20
30
40
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
50
A comparatively lower MSI i s more beneficial for sellers while 20
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 1.4 a
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
1.4 and 10
months
was
at a mid
compared
with
April
months
2015. was at a mid level compared with April of 2016 and
31% -1%
15% -1%
0%
9%
-2%
-56%
-1%
0%
-5%
$166
9%
6%
-39%
1.3 -56%
-46%
Number of 97.6%
Properties
2.9%
0% Sold 1%
15
30
1%
46
7%
45
-1%
$161
46
31%
-5%
$166
45
15%
-39%
1.3
$161
0%
2.9%
97.6%
Total Inventory & Month's Supply of Inventory (MSI)
40
$271,000
$290,121
-93%
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
Inventory & MSI
2015.
14
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
13, down
18.8%
16 last
month for
and sale
down
48.0%
The
Inventory
of from
Properties
available
as of
April from
25 13,
in April
last year.
April
Inventory
at its from
lowest 50
was
down of
18.8%
from 16
last 2017
month
and down was
48.0%
25
in April
of last year.
April of
2017
Inventory
was at its lowest
level
compared
with April
2016
and 2015.
-1%
-1%
7%
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
The Median Sales Price in April was $297,000, up 8.5% from
400
Prices
$273,750 in April of 2016 and up 14.3% from $259,900 last
380
The
Median
Sales
Price Sales
in April
was in
$297,000,
8.5% from up
month.
The
Average
Price
April was up
$303,833,
400 360
$273,750
in April
of 2016 in and
up of
14.3%
last
10.2% from
$275,699
April
2016 from
and $259,900
up 1.3% from
month.
The last
Average
Sales
Price
in April
up level 380 340
$299,871
month.
April
2017
ASP was
was $303,833,
at the highest
360 320
10.2%
from $275,699
April and
of 2016
and up 1.3% from
compared
to April of in 2016
2015.
340
$299,871 last month. April 2017 ASP was at the highest level
300
320
compared to April of 2016 and 2015.
280
300
260
280
240
260
220
240
220 200
200
0
5 5
10 10
15 15
Prices
$290,121
Number of Properties Sold
20
0
Trending versus*:
YTD
Prior YTD 1%
Prior Year
$271,000
8%
4%
20
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 46 are running 31.4% ahead of last year's year-to-
date sales of 35.
Trending versus*:
Prior YTD Prior Year
YTD
25
April Property sales were 9, up 12.5% from 8 in April of 2016
and 47.1% lower than the 17 sales last month. April 2017 sales
Property
Sales
were at a mid
level compared to April of 2016 and 2015. April 25
April
sales
9, up 31.4%
12.5% from
in last
April year's
of 2016
YTD Property
sales of 46
are were
running
ahead 8 of
year-to-
and
47.1%
date
sales lower
of 35. than the 17 sales last month. April 2017 sales
level compared with April of 2016 and 2015.
April 2017
Community Information
County: Manassas Park City
Agent Name
Market Action Report
April 2017
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
68
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