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