MA ARCHIVED April 2017 | Page 72

Market Action Report
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
$572,000
20%
43%
Other
$721,730 Trending
-1% versus*: 9%
Month
LM 6%
L3M 10%
PYM 20%
LY
$406,500
$572,000
20% -4% 5%
43% 38%
$406,922
$721,730 -1%
90 11% 9% -16%
$406,500 6%
10% 20% 60%
22%
8 0%
$406,922 -4%
5%
38%
-5%
49 -65% -66% -40%
90 11%
-16%
$171 -14% -9% -20%
8 0%
60%
$169 5% 10% 2%
49 -65% -66% -40% -66%
11.3 11% 14% -47%
$171 -14% -9% -20% -14%
92.6% .1% 2.6% -5.0%
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
$169 5% 10% 2%
11.3 11% 14% -47%
92.6% .1% 2.6% -5.0%
* 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
3 Mo Avg
6
4
6
8
0
2
4
14
800
700
600
15
16
Median Sales Price and Average Sales Price
2
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 $406,500, up 19.6% from
1,100
Prices
$340,000 in April of 2016 and up 5.6% from $384,950 last
1,000
The
Median
Sales
Price Sales
in April
was in
$406,500,
19.6% from
month.
The
Average
Price
April was up
$406,922,
up
1,100
$340,000
in April
of 2016 in and
up of
5.6%
from
last from
900
38.4% from
$294,000
April
2016
and $384,950
down 4.2%
month.
The last
Average
Sales
Price
in April
up level 1,000 800
$424,675
month.
April
2017
ASP was
was $406,922,
at the highest
900
38.4%
from to
$294,000
April
of 2016
compared
April of in
2016
and
2015. and down 4.2% from
700
$424,675 last month. April 2017 ASP was at the highest level
compared to April of 2016 and 2015.
-1%
-6%
0%
-29%
-0%
8
8
Prices
-14%
$187
28
65%
10%
$154
144
10%
-43%
14.0
$187
-5%
2.4%
90.2%
65% 11%
10% -9%
-5%
2%
-1%
-41%
-6%
-1%
10
10
0
-8%
28
-8%
144
12
12
2
$369,000
$387,462
-66%
Number of Properties Sold
14
their highest level compared to April of 2016 and 2015. April
YTD sales of 28 are running 64.7% ahead of last year's year-to-
date sales of 17.
Trending versus*:
Prior YTD -8%
Prior Year 11%
22% YTD
$369,000
-5%
$387,462
-8%
-9%
16
April Property sales were 8, up 60.0% from 5 in April of 2016
and the same as the 8 sales last month. April 2017 sales were at
Property
Sales
their highest
level compared to April of 2016 and 2015. April 16
April
sales
were
8, up 64.7%
60.0% ahead
from 5 of
in last
April year's
of 2016
YTD Property
sales of 28
are
running
year-to-
14
and
same
date the
sales
of as
17. the 8 sales last month. April 2017 sales were at
Trending versus*:
Prior YTD Prior Year
YTD
10%
$154
2%
0%
-43%
14.0 -41%
-29%
Number of 90.2%
Properties
2.4%
-1% Sold -0%
County: Rappahannock
Agent Name
Market Action Report
Rappahannock
County: Rappahannock
April 2017
3 Mo Avg
17
3 Mo Avg
600
500
500 400
400 300
300 200
100
80
A comparatively lower MSI is more beneficial for sellers while a 60
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 11.3 a
40
higher
MSI
is better
for buyers.
April 2017
of 11.3
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 20
months
2015. was at its lowest level compared with April of 2016 and
0
2015.
80
60
40
60.0
60.0
compared with April of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
140
was Total
90, up
11.1% from
81 last month
and for
down
from 107
The
Inventory
of Properties
available
sale 15.9%
as of April
140 120
in April
last year.
April
Inventory
at its
lowest
was
90, up of 11.1%
from 81
last 2017
month
and down was
15.9%
from
107 level
in compared
April of last
year.
April
2017 Inventory
with
April
of 2016
and 2015. was at its lowest level 120 100
Inventory & MSI
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
200
50.0
40.0
30.0
20.0
20
10.0
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
SFH - Con
72
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
e Range:
r h o All m | Property
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 infor mation
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.
50.0
40.0
30.0
20.0
10.0
0.0