MA ARCHIVED December 2017 | Page 56

Market Action Report
County: Fairfax
Market Action Report
December 2017
Fairfax County
County: Fairfax
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
Trending versus*:
Prior YTD Prior Year
YTD
$769,950
11%
10%
Other
$1,090,497 Trending
10% versus*:
11%
Trending versus*:
Month
LM 4%
L3M 5%
PYM 5%
LY
Prior YTD 4%
Prior Year 4%
$579,900
5% YTD
$574,000
$769,950
11% 2% 4%
10% 6%
$652,332
8%
$628,733
4%
4%
$1,090,497 1,347
10% -28% 11% -27%
$579,900 693
4% -7%
5% 5% -4%
5%
$574,000 10,492
4%
5% 4%
$652,332 2%
4%
6%
8%
$628,733
4%
49 9% 11% -14% 7%
40 -11% 4% -13%
1,347 -28%
-27%
$280 8% 6% 5% 9%
$262
2%
2%
693 -7%
-4%
10,492
5%
$250 -3% -1% 2% 1%
$254
2%
2%
49 9% 11% -14% 7%
40 -11%
-13%
1.9 -22% -24% -24% -41%
2.7 -17%
-17%
$280 8% 6% 5% 9%
$262
2%
2%
96.6% -.2% -.2% .7% -.2%
97.4%
1%
1%
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
$250 -3% -1% 2% 1%
$254
2%
2%
1.9 -22% -24% -24% -41%
2.7 -17%
-17%
of 97.4%
Properties
96.6% -.2% -.2% .7% Number
-.2%
1% Sold 1%
* 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
1,600
December Property sales were 693, down 3.8% from 720 in
December of 2016 and 7.5% lower than the 749 sales last month. 1,400
Property
December Sales
2017 sales were at their lowest level compared to 1,600
1,200
December
Property
down 3.8%
720
December
of 2016 sales
and were
2015. 693,
December
YTD from
sales
of in
10,492 are
1,400
December
of 2016
and of
7.5%
than
the 749 sales
last of month.
running 4.5%
ahead
last lower
year's
year-to-date
sales
10,037.
1,000
Prices
2.1% from $638,892 last month. December 2017 ASP was at the 640
620
highest level compared to December of 2016 and 2015.
600
580
560
540
520
500
15
968
695
1,020
771
16
700
680
660
640
620
600
580
560
540
520
500
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
0
5.0
5.0
4.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
4,000
December
was 1,347,
down 27.6%
from 1,860
month and
The
Total Inventory
of Properties
available
for sale last
as of
4,000 3,500
down 26.6%
December
of last
year.
December
December
was from
1,347, 1,834
down in
27.6%
from 1,860
last
month
and
3,500 3,000
down
from was
1,834
of last
year. December
2017 26.6%
Inventory
at in
its December
lowest level
compared
with December
2017
Inventory
was at its lowest level compared with December 3,000 2,500
of 2016
and 2015.
of 2016 and 2015.
2,500 2,000
2,000 1,500
A comparatively lower MSI is more beneficial for sellers while 1,500
a
1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 1.9
MSI is better
for buyers.
December
2017 while
MSI of
1,000
higher
MSI
is better
for buyers.
December
MSI of 1.9
500
months
was
at its lowest
level The
compared
with 2017
December
of 2016
500
months
was at its lowest level compared with December of 2016
0
and 2015.
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 O N D
15
16
17
J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S O
N
D
J
F
M
A M Price
J J A S O N D
Average Sales
3 Mo Avg
The Median Sales Price in December was $579,900, up 5.5%
Prices
from $549,900 in December of 2016 and up 3.6% from
The
Median last
Sales month.
Price in The
December
was
$579,900,
5.5%
$560,000
Average
Sales
Price in up December
was
700
from
$549,900
in December
of 2016 in
and
up 3.6% from
$652,332,
up 5.5%
from $618,214
December
of 2016 and up
680
$560,000
last
month. The
Price in
December
was
2.1% from
$638,892
last Average
month. Sales
December
2017
ASP was
at the
660
$652,332,
up 5.5%
from $618,214
in December
2016
and up
highest level
compared
to December
of 2016 of and
2015.
0
0
200
200
400
400
600
600
800
3 Mo Avg
800
1,000
1,200
December 2017 sales were at their lowest level compared to
December of 2016 and 2015. December YTD sales of 10,492 are
running 4.5% ahead of last year's year-to-date sales of 10,037.
Number of Properties Sold
3.0
2.0
1.0
0.0
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:
All | Property
Types:
SFH - Con
Copyright
© | Coldwell
Price
| Property
SFH - Con
56
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.
4.0
3.0
2.0
1.0
0.0