MA ARCHIVED December 2017 | Page 48

Market Action Report
Arlington
County: Arlington
Market Action Report
County: Arlington
December 2017
Agent Name
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
$699,999
0%
9%
Other
$893,108 Trending
1% versus*: 5%
Month
LM -1%
L3M -1%
PYM 4%
LY
$595,000
$699,999
0% -5% -3%
9% -4%
$641,339
$893,108 325
1% -24% 5% -14%
$595,000 155
-1% -24%
-1% 4% -9%
2%
$641,339 -5%
-3%
-4%
-2%
49 32% 29% 0%
325 -24%
-14%
$370 -12% -10% -6%
155 -24%
-9%
$416 5% 4% 7%
49 32% 29% 0% 20%
2.1 -0% -3% -6%
$370 -12% -10% -6% -7%
96.4% -.2% -.7% .4%
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)
Decembe r 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
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$605,000
2%
-2%
$671,272
3%
3%
2%
$605,000 2,492
3%
$671,272
2%
20%
37
6% 3%
-8% 3%
2%
0%
-10%
-17%
2%
0%
-7%
$407
2,492
6%
5%
$396
37
-8%
-25%
2.3
$407
2%
-.8%
97.5%
-10%
2%
0%
-17%
0%
$416 5% 4% 7% 5%
$396
0%
0%
2.1 -0% -3% -6% -25%
2.3 -17%
-17%
of 97.5%
Properties
96.4% -.2% -.7% .4% Number
-.8%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
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
3 Mo Avg
350
December Property sales were 155, down 9.4% from 171 in
December of 2016 and 23.6% lower than the 203 sales last
300
Property
Sales 2017 sales were at their lowest level
month. December
350
December
sales were
155, and
down
9.4% December
from 171 in YTD sales
250
compared Property
to December
of 2016
2015.
December
of 2016
and 23.6%
lower than
the year's
203 sales
last
300
of 2,492 are
running
6.0% ahead
of last
year-to-date
sales
200
month.
December 2017 sales were at their lowest level
of 2,351.
Prices
The Median Sales Price in December was $595,000, up 4.4%
Prices
from $570,000 in December of 2016 and down 0.8% from
The
Median Sales
Price in The
December
was
$595,000,
4.4%
$600,000
last month.
Average
Sales
Price in up December
800
from
December
of 2016
and down
0.8% from of 2016
was $570,000
$641,339, in down
3.6% from
$665,127
in December
750
$600,000
month.
Average
Sales
Price December
in December
and down last
4.6%
from The
$671,944
last
month.
2017 ASP
was
down level
3.6% compared
from $665,127
in December
of 2016
was $641,339,
at the lowest
to December
of 2016
and 2015.
700
and down 4.6% from $671,944 last month. December 2017 ASP
was at the lowest level compared to December of 2016 and 2015.
220
15
16
800
17
Median Sales Price and Average Sales Price
750
180
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
0
50
50
100
100
150
3 Mo Avg
150
200
250
compared to December of 2016 and 2015. December YTD sales
of 2,492 are running 6.0% ahead of last year's year-to-date sales
of 2,351.
Number of Properties Sold
3 Mo Avg
700
650
650 600
600 550
550 500
500 450
450 400
Total Inventory & Month's Supply of Inventory (MSI)
and 2015.
0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
400
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.1
MSI is better
for buyers.
December
2017 while
MSI of
200
100
higher
MSI
is better
for buyers.
December
MSI of 2.1
months
was
at its lowest
level The
compared
with 2017
December
of 2016
months
was at its lowest level compared with December of 2016 100
0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of
700
December
was 325,
23.9%
from 427
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
14.5% from
December
last 427
year.
December
was 380
325, in down
23.9% of
from
last December
month and 2017
down 700 600
14.5%
from 380
of last compared
year. December
2017
Inventory
was in
at December
its lowest level
with December
of 600 500
Inventory
at its lowest level compared with December of
2016 and was
2015.
500
400
2016 and 2015.
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
400
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 M J J A S O N D
15
16
17
15
16
17
Copyright
© Coldwell
Banker Residential
Brokerage
| Price
Range: | Property
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
SFH - Con
48
c o Banker
l d Residential
w e l l Brokerage
b a n | k
e Range:
r h o All m
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.
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0