MA ARCHIVED April 2017 | Page 76

Market Action Report
Stafford
County: Stafford
Market Action Report
County: Stafford
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
$414,900
-0%
6%
Other
$455,145 Trending
1% versus*: 8%
Month
LM 5%
L3M 5%
PYM 6%
LY
$351,000
$414,900
-0% 4% 5%
6% 7%
$362,965
$455,145 601
1% 4%
8% -14%
$351,000 163
5% 3%
5% 6% -9%
7%
$362,965 4%
5%
7%
6%
48 -24% -20% -13%
601 4%
-14%
$140 1% 1% 6%
163 3%
-9%
$135 3% 2% 9%
48 -24% -20% -13% -13%
3.7 2% -9% -6%
$140 1% 1% 6% 4%
98.2% 1.3% 1.7% 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
Trending versus*:
YTD
Prior YTD 5%
Prior Year
$335,450
7%
6%
$346,971
2%
1%
4%
$335,450
$346,971
-13%
5%
542
4%
60
4%
$139
542
5%
5%
$132
60
-9%
-10%
4.2
$139
5%
1.6%
96.5%
5% 2%
-9% 1%
5%
6%
9%
-13%
3%
1%
9%
3%
2%
3%
-0%
$135 3% 2% 9% 5%
$132
6%
2%
3.7 2% -9% -6% -10%
4.2 -13%
3%
Number of 96.5%
Properties
98.2% 1.3% 1.7% 1.4% 1.6%
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
300
April Property sales were 163, down 8.9% from 179 in April of
2016 and 2.5% higher than the 159 sales last month. April 2017 250
Property
sales were Sales
at a mid level compared to April of 2016 and 2015. 300
April
sales
163, running
down 8.9%
from
179 of
in last
April year's
of year-
April Property
YTD sales
of were
542 are
5.0%
ahead
200
2016
and sales
2.5% of
higher
to-date
516. than the 159 sales last month. April 2017 250
Number of Properties Sold
3 Mo Avg
sales were at a mid level compared to April of 2016 and 2015.
150
April YTD sales of 542 are running 5.0% ahead of last year's year-
200
to-date sales of 516.
Prices
14
The Median Sales Price in April was $351,000, up 6.4% from
Prices
$330,000 in April of 2016 and up 4.8% from $335,000 last
390
The
Median
Sales
Price Sales
in April
was in
$351,000,
6.4% from up 6.9%
month.
The
Average
Price
April was up $362,965,
370
$330,000
in
April
of
2016
and
up
4.8%
from
$335,000
last
from $339,466 in April of 2016 and up 4.0% from $349,173 last
390
month.
Average
Price at in the
April
was $362,965,
up 6.9%
month. The
April
2017 Sales
ASP was
highest
level compared
to
350
from
in April
of 2016 and up 4.0% from $349,173 last 370
April $339,466
of 2016 and
2015.
month. April 2017 ASP was at the highest level compared to
350 330
177
15
16
Median Sales Price and Average Sales Price
103
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
April of 2016 and 2015.
0
50 50
100
100
150
17
3 Mo Avg
330 310
310 290
290 270
270 250
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
250
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
800
600
level compared with April of 2016 and 2015.
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 3.7 a
200
higher
MSI
is better
for buyers.
April 2017
of 3.7
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 200
months
0
2015. was at its lowest level compared with April of 2016 and
2015.
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,000
was Total
601, Inventory
up 4.3% from
576 last available
month and
from
The
of Properties
for down
sale as 14.4%
of April
702 601,
in April
of last
year.
April
2017 and
Inventory
was at from
its lowest 1,000
was
up 4.3%
from
576 last
month
down 14.4%
800
702
in compared
April of last with
year. April
April
was at its lowest
level
of 2017
2016 Inventory
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
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
76
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 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