MA ARCHIVED December 2017 | Page 64

Market Action Report
Loudoun
County: Loudoun
Market Action Report
County: Loudoun
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
$689,990
1%
3%
Other
$956,447 Trending
4% versus*:
13%
Month
LM -1%
L3M 1%
PYM 1%
LY
$589,701
$689,990
1% -0% 0%
3% -1%
$585,254
$956,447 687
4% -17% 13% -24%
$589,701 274
-1% -6%
1% 1% -12%
7%
$585,254 -0%
0%
-1%
5%
39 -17% -15% -32%
687 -17%
-24%
$198 2% 3% 5%
274 -6%
-12%
$182 2% -1% -2%
39 -17% -15% -32% -22%
2.5 -12% -12% -14%
$198 2% 3% 5% 8%
98.0% 1.3% .8% 2.0%
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
Trending versus*:
YTD
Prior YTD 5%
Prior Year
$582,000
7%
5%
$578,242
5%
4%
4%
$582,000 3,963
5%
$578,242
4%
-22%
41
2% 5%
-18% 4%
8%
$188
3%
3,963
2%
4%
$181
3%
41 -18%
-18%
-37%
3.2 -18%
$188
3%
3%
1.2%
97.6%
1%
-18%
3%
3%
-18%
1%
$182 2% -1% -2% 4%
$181
3%
3%
2.5 -12% -12% -14% -37%
3.2 -18%
-18%
Number of 97.6%
Properties
98.0% 1.3% .8% 2.0% 1.2%
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
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
600
December Property sales were 274, down 12.2% from 312 in
December of 2016 and 5.8% lower than the 291 sales last month. 500
Property
December Sales
2017 sales were at their lowest level compared to 600
December
Property
down 12.2%
in
December
of 2016 sales
and were
2015. 274,
December
YTD from
sales 312
of 3,963
are
400
December
of 2016
and 5.8%
than
the 291 sales
last of month.
running 2.2%
ahead
of last lower
year's
year-to-date
sales
3,876. 500
Prices
15
The Median Sales Price in December was $589,701, up 0.6%
700
Prices
from $586,000 in December of 2016 and down 0.9% from
The
Median last
Sales month.
Price in The
December
was
$589,701,
0.6%
$595,000
Average
Sales
Price in up December
was 650
700
from
$586,000
in December
2016 and in
down
0.9% from
$585,254,
down
0.9% from of $590,692
December
of 2016 and
$595,000
last from
month.
The Average
Sales Price
in December
was was
down 0.4%
$587,735
last month.
December
2017 ASP
650 600
$585,254,
down 0.9%
from $590,692
in December
of 2016
and
at a mid range
compared
to December
of 2016 and
2015.
down 0.4% from $587,735 last month. December 2017 ASP was 600 550
336
16
321
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
at a mid range compared to December of 2016 and 2015.
0
100
200 100
200
300
3 Mo Avg
300
400
December 2017 sales were at their lowest level compared to
December of 2016 and 2015. December YTD sales of 3,963 are
running 2.2% ahead of last year's year-to-date sales of 3,876.
Number of Properties Sold
17
Median Sales Price and Average Sales Price
3 Mo Avg
550 500
500 450
450 400
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
400
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
1,000
1,000
A comparatively lower MSI is more beneficial for sellers while a
2016 and 2015.
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
2,000
December
was 68 7,
17.3% available
from 831
The
Total Inventory
of down
Properties
for last
sale month
as of and down
2,000
24.4% from
December
of last
year.
December
2017
December
was 909
687, in down
17.3% from
831
last month
and down
24.4%
from was
909 at
in its
December
of last compared
year. December
2017
Inventory
lowest level
with December
of
1,500
Inventory
at its lowest level compared with December of
1,500
2016 and was
2015.
500
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 2.5
MSI is better
for buyers.
December
2017 while
MSI of
500
higher
MSI
is better
for buyers.
December
MSI of 2.5
months
was
at its lowest
level The
compared
with 2017
December
of 2016
months
was at its lowest level compared with December of 2016
0
and 2015.
0
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
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
64
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.
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0