MA ARCHIVED December 2017 | Page 46

Market Action Report
Alexandria
County: Alexandria City
Title
Phone
Agent
Name
Website
Other
Title
December 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
$348,000
7%
10%
Other
$674,015 Trending
6% versus*:
14%
Month
LM -12%
L3M -2%
PYM -10%
LY
$320,000
$348,000
7% -10% -2%
10% -17%
$426,152
$674,015 209
6% -22% 14% -3%
$320,000 -12%
-2% -10% -37%
0%
85 -27%
$426,152 -10%
-2%
-17%
-7%
42 0% 8% -24%
209 -22%
-3%
$296 -2% -6% 1%
85 -27%
-37%
$308 -5% -2% -2%
42 0% 8% -24% -9%
2.5 7% 4% 53%
$296 -2% -6% 1% -5%
96.6% -.7% -.5% .5%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December Average Sales Price
December Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
December 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%
0%
-1%
$320,000 1,490
-2%
$454,861
-1%
-9%
35
1% 0%
-22% 0%
$321
3%
1,490
1%
$316
3%
35 -22%
-24%
2.3 -14%
$321
3%
3%
97.6%
1%
-5%
1%
-9%
.0%
-24%
3%
3%
-14%
1%
3 Mo Avg
200
Number of Properties Sold
180
3 Mo Avg
160
140
120
100
Prices
The Median Sales Price in December was $320,000, down
Prices
10.1% from $356,000 in December of 2016 and down 12.3%
The
Median
Sales last
Price month.
in December
was $320,000,
down
from
$365,000
The Average
Sales Price
in
600
10.1%
from $356,000
in December
of 2016
and $514,675
down 12.3%
December
was $426,152,
down 17.2%
from
in
from
$365,000
last month.
The 10.0%
Average
Sales
Price in last month. 550
December
of 2016
and down
from
$473,390
December
was
$426,152,
down
17.2%
from
$514,675
in to
December
2017
ASP was
at the
lowest
level
compared
500
December
of of
2016
and
down
10.0% from $473,390 last month.
December
2016
and
2015.
142
16
600
128
15
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
15
16
17
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 Price
J J A S O N D
Median Sales Price and Average Sales
3 Mo Avg
0
20 20
40 40
60 60
80 80
100 120
0
December 2017 ASP was at the lowest level compared to
December of 2016 and 2015.
$454,861
$308 -5% -2% -2% 1%
$316
3%
3%
2.5 7% 4% 53% -9%
2.3 -14%
-14%
of 97.6%
Properties
96.6% -.7% -.5% .5% Number
.0%
1% Sold 1%
December Month's Supply of Inventory
of 1,490 are running 1.0% ahead of last year's year-to-date sales
of 1,475.
Trending versus*:
YTD
Prior YTD -2%
Prior Year
$320,000
0%
-7%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Property sales were 85, down 36.6% from 134 in
December of 2016 and 27.4% lower than the 117 sales last
Property
Sales 2017 sales were at their lowest level
month. December
200
December
sales were
85, down
36.6% December
from 134 in
compared Property
to December
of 2016
and 2015.
YTD sales
180
December
of 2016
and 27.4%
lower of
than
the
117 sales
last
of 1,490 are
running
1.0% ahead
last
year's
year-to-date
sales
160
month.
December
2017
sales
were
at
their
lowest
level
of 1,475.
compared to December of 2016 and 2015. December YTD sales 140
Trending versus*:
Prior YTD Prior Year
YTD
County: Alexandria City
Agent Name
Market Action Report
December 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
450
450 400
400 350
350 300
300 250
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
500
December
was 209,
22.3%
from 269
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
3.2% from
216
in December
of from
last year.
December
2017
December
was
209,
down 22.3%
269 last
month and
down 500
400
3.2%
from 216
last year.
December
2017
Inventory
was in at December
its lowest of level
compared
with December
of
400
Inventory
at its lowest level compared with December of
2016 and was
2015.
300
5.0
3.0
3.0
2.0
A comparatively lower MSI is more beneficial for sellers while 200
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.5 100
MSI is better
for buyers.
December
2017 while
MSI of
higher
MSI
is better
for buyers.
December
2017
MSI of 2.5
months
was
at its highest
level The
compared
with
December
of 100
months
was 2015.
at its highest level compared with December of
0
2016 and
0
2016 and 2015.
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
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
15
16
17
15
16
17
4.0
4.0
5.0
200
300
2016 and 2015.
6.0
6.0
Inventory & MSI
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 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D
15
16
17
250
1.0
0.0
O N D
Copyright
© Coldwell
Banker Residential
Brokerage
| Price Range:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH -