Market Action Report December 2017
Community Information
Market Action Report December 2017
County : Manassas City
Price Range : All | Properties : SFH - Con
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 385,400 |
3 % |
|
18 % |
|
|
|
|
Average List Price of all Current Listings |
$ 361,926 |
-1% |
|
9 % |
|
|
|
|
December Median Sales Price |
$ 350,000 |
-5% |
-3% |
0 % |
0 % |
$ 359,700 |
3 % |
3 % |
December Average Sales Price |
$ 342,338 |
-6% |
0 % |
1 % |
2 % |
$ 338,247 |
1 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
50 -15% |
0 % |
|
|
December Number of Properties Sold |
26 -13% |
24 % |
384 |
9 % |
December Average Days on Market ( Solds ) |
31 -26% -16% -9% |
-26% |
33 |
-21% |
-21% |
Asking Price per Square Foot ( based on New Listings ) |
$ 182 |
12 % |
11 % |
13 % |
14 % |
$ 167 |
5 % |
5 % |
December Sold Price per Square Foot |
$ 157 |
-4% |
-3% |
3 % |
0 % |
$ 165 |
5 % |
5 % |
December Month ' s Supply of Inventory |
1.9 |
-2% |
-6% -19% -18% |
2.0 |
-15% |
-15% |
December Sale Price vs List Price Ratio |
97.3 % |
-. 9 % -. 2 % -. 6 % |
. 3 % |
97.7 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 26 , up 23.8 % from 21 in
December of 2016 and 13.3 % lower than the 30 sales last month . Property December Sales 2017 sales were at their highest level compared to 60
December Property of 2016 sales and were 2015 . 26 December , up 23.8 % YTD from sales 21 in of 384 are December running 9.4 of 2016 % ahead and 13.3 of last % lower year ' s than year-to-date the 30 sales sales last of month 351 . .
50
December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 384 are
40 running 9.4 % ahead of last year ' s year-to-date sales of 351 .
Manassas
Agent Name
Title Phone Website Other
Community Information
30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in December was $ 350,000 , equal to
Prices $ 350,000 in December of 2016 and down 4.8 % from $ 367,500 The last Median month Sales . The Price Average in December Sales Price was in $ December 350,000 , equal was to $ $ 350,000 342,338 in , up December 0.5 % from of 2016 $ 340,632 and down in December 4.8 % from of $ 2016 367,500 and 390 last down month 6.3 .% The from Average $ 365,372 Sales last Price month in December . December was 2017 ASP was $ 342,338 , up 0.5 % from $ 340,632 in of 2016 and 370 at the highest level compared to December of 2016 and 2015 . down 6.3 % from $ 365,372 last month . December 2017 ASP was 350
at the highest level compared to December of 2016 and 2015 . 330
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 50 , of down Properties 15.3 % available from 59 last for sale month as of and equal to December 50 in December was 50 , of down last 15.3 year %. from December 59 last 2017 month Inventory and equal was to at 120 50 its in lowest December level of compared last year . with December December 2017 of Inventory 2016 and was 2015 at . 100 its lowest level compared with December of 2016 and 2015 . 80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The December 2017 MSI of 1.9 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 1.9 of 201620
months and 2015 was . at its lowest level compared with December of 2016 and 2015 . 0
20
10
0
310 290 270 250
10
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
J
F M A M J
15
|
J |
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A M Price J
J
A S O N D
16
17
|
3 Mo Avg |
390 |
|
Median Sales Price and Average Sales Price |
|
17 16 18 20 40 37 30 30 35 23 19 21 20 21 23 29 37 45 29 42 30 32 22 21 16 18 33 35 45 52 39 33 28 29 30 26
370 350 330 310 290 270
250 |
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 |
|
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
120 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
5.0 |
100 |
5.0 |
4.0 |
80 |
4.0 |
3.0 |
60 |
3.0 |
|
40 |
2.0 |
2.0 |
20 |
1.0 |
1.0 |
54 17
50 81 54
16 89 50
18
81 93 20
89 108 40 93 95
37 108 94
30 95 84
30 94 75
35 84
64 23 75
55 56
19 64
49 21 55 51
20 75
56 21 81
49 23 76
51 29
86 75 37
81 81
72 64
57 50 45
37 56
54 45 63 64
56 69 54
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 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
76 45
86 29
81 42
72 30
64 32 57
22
50 21 16
37 18 33 35
78 63 79
45 64
65 52 69
3 Mo Avg
59 39 78 50
33 79
28 65
29 59
30
50 26
0.0
66 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con 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 not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .