MA ARCHIVED April 2017 | Page 79

Market Action Report
County: Washington DC
April 2017
Washington, D.C.
Market Action Report
County: Washington DC
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
$549,925
4%
11%
Other
$1,028,361 Trending
3% versus*:
19%
Month
LM -5%
L3M -3%
PYM 3%
LY
$459,900
$549,925
4% -9% -9%
11% 3%
$577,808
$1,028,361 852
3% -1% 19% -14%
$459,900 409
-5% -7%
-3% 3% -8%
-1%
$577,808 -9%
-9%
3%
-6%
32 -6% -14% -24%
852 -1%
-14%
$545 3% 1% 3%
409 -7%
-8%
$534 -1% 1% 6%
32 -6% -14% -24% -11%
2.1 6% -5% -6%
$545 3% 1% 3% 5%
99.2% .7% .6% .1%
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
$534 -1%
2.1 6%
99.2% .7%
* 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
1%
-5%
.6%
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 7%
Prior Year
$475,000
-1%
-6%
$635,516
2%
3%
13%
$475,000 1,503
7%
$635,516
13%
-11%
37
11% 2%
-12% 3%
5%
$542
5%
1,503
11%
6%
$531
8%
37 -12%
3%
-12%
2.2 -19%
$542
5%
4%
.7%
98.6%
0%
3%
4%
5%
-6%
0%
6% 6%
$531
8%
5%
-6% -12%
2.2 -19%
-6%
of 98.6%
Properties
.1% Number
.7%
0% Sold 0%
3 Mo Avg
600
April Property sales were 409, down 7.9% from 444 in April of
2016 and 6.6% lower than the 438 sales last month. April 2017
500
Property
sales were Sales
at their lowest level compared to April of 2016 and 600
April
Property
sales sales
were of
409,
down
from 11.3%
444 in ahead
April of
2015.
April YTD
1,503
are 7.9%
running
of last
400
2016
and
6.6% lower sales
than the
438 sales last month. April 2017
year's
year-to-date
of 1,350.
500
Prices
14
The Median Sales Price in April was $459,900, up 2.7% from
700
Prices
$447,750 in April of 2016 and down 4.9% from $483,551 last
The
Median
Sales
Price Sales
in April
was in
$459,900,
2.7% from up 3.3%
month.
The
Average
Price
April was up $577,808,
700 650
$447,750
in April in
of April
2016 of
and
down
4.9%
from
$483,551
last
from $559,600
2016
and
down
9.4%
from $637,460
month.
The Average
Sales ASP
Price
in April
$577,808,
up 3.3% 650
last month.
April 2017
was
at the was
highest
level compared
to 600
from
in April
of 2016 and down 9.4% from $637,460
April $559,600
of 2016 and
2015.
last month. April 2017 ASP was at the highest level compared to 600 550
416
15
16
Median Sales Price and Average Sales Price
256
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
100
200 100
200
300
3 Mo Avg
300
400
sales were at their lowest level compared to April of 2016 and
2015. April YTD sales of 1,503 are running 11.3% ahead of last
year's year-to-date sales of 1,350.
Number of Properties Sold
17
3 Mo Avg
550 500
500 450
450 400
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
400
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
600
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 2.1 a
200
higher
MSI
is better
for buyers.
April 2017
of 2.1
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.
0
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
Types: Types:
SFH - Con
3.5
800
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
3.5 3.0
3.0 2.5
2.5
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,200
was Total
852, Inventory
down 1.2%
from 862 last
month
The
of Properties
available
for and
sale down
as of 13.8%
April from
988 852,
in April
last from
year. 862
April
Inventory
was
at its
lowest 1,200 1,000
was
down of
1.2%
last 2017
month
and down
13.8%
from
988
in compared
April of last with
year.
April
level
April
of 2017
2016 Inventory
and 2015. was at its lowest
1,000
800
level compared with April of 2016 and 2015.
2.0
1.5
1.0
0.5
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
c o l dw el l b a n k er h o m es . c o m
| 79
Data
provided
courtesy
of Coastal
Association
of REALTORS
MD, Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc., County
Sussex Association
County Association
of REALTORS
and
may all not relevant
reflect real
all relevant
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
courtesy
of Coastal
Association
of REALTORS
of MD, of Inc.,
Regional
Information
Systems ,
Inc., Sussex
of REALTORS
and may not
reflect
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.
2.0
1.5
1.0
0.5
0.0