Market Action Report
County: Prince William
Market Action Report
April 2017
Prince William
County: Prince William
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
$519,900
2%
9%
Other
$552,178 Trending
2% versus*: 7%
Month
LM 4%
L3M 4%
PYM 3%
LY
$430,000
$519,900
2% 4% 3%
9% 6%
$433,497
$552,178 898
2% 5%
7% -27%
$430,000 406
4% 11%
4% 3% 2%
5%
$433,497 4%
3%
6%
5%
43 -9% -10% -17%
898 5%
-27%
$158 1% 1% 2%
406 11%
2%
$159 3% 2% 8%
43 -9% -10% -17% -10%
2.2 -6% -12% -29%
$158 1% 1% 2% 3%
98.2% .2% .5% .6%
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
Trending versus*:
YTD
Prior YTD 2%
Prior Year
$415,000
5%
5%
$420,599
1%
2%
3%
$415,000 1,261
2%
$420,599
3%
-10%
48
5% 1%
-24% 2%
3%
$157
3%
1,261
5%
6%
$156
8%
48 -24%
0%
-26%
2.6 -27%
$157
3%
2%
1.0%
97.7%
1%
0%
2%
4%
-13%
0%
$159 3% 2% 8% 6%
$156
8%
4%
2.2 -6% -12% -29% -26%
2.6 -27%
-13%
Number of 97.7%
Properties
98.2% .2% .5% .6% 1.0%
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
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
600
April Property sales were 406, up 2.3% from 397 in April of
2016 and 11.2% higher than the 365 sales last month. April 2017 500
Property
sales were Sales
at their highest level compared to April of 2016 and 600
April
Property
sales sales
were of
406,
up are
2.3%
from 397
in April
of of last
2015.
April YTD
1,261
running
5.0%
ahead
2016
and
11.2% higher sales
than of the
365 sales last month. April 2017 500 400
year's
year-to-date
1,201.
Prices
420
410
400
390
380
370
360
350
14
450
440
430
420
410
400
390
380
370
360
350
215
16
Median Sales Price and Average Sales Price
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
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6.0
0
6.0
5.0
4.0
3.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,800
was Total
898, Inventory
up 4.7% from
858 last available
month and
down
from
The
of Properties
for sale
as 27.2%
of April
1,800 1,600
1,233
in up
April
of from
last year.
April
2017 and
Inventory
was from
at its lowest
was
898,
4.7%
858 last
month
down 27.2%
1,233
April of last
year.
April
2017 and
Inventory
level in
compared
with
April
of 2016
2015. was at its lowest 1,600 1,400
1,400 1,200
level compared with April of 2016 and 2015.
1,200 1,000
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
600 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 2.2 a
400 200
higher
MSI
is better
for buyers.
April 2017
of 2.2
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and
200
months
was
at
its
lowest
level
compared
with
April
of
2016
and
0
2015.
2015.
409
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