MA ARCHIVED December 2017 | Page 68

Market Action Report
Manassas Park
County: Manassas Park City
Title
Phone
Agent
Name
Website
Other
Title
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
$269,900
-2%
4%
Other
$293,352 Trending
0% versus*: 9%
Month
LM 5%
L3M 1%
PYM -18%
LY
$251,900
$269,900
-2% 5% -2%
4% -18%
$269,533
$293,352 0%
15 -21% 9% -21%
$251,900 5%
1% -18% 80%
-8%
9 0%
$269,533 5%
-2%
-18%
-8%
51 143% 76% 50%
15 -21%
-21%
$179 -3% -1% -1%
9 0%
80%
$170 2% 4% 6%
51 143% 76% 50% 11%
1.7 -21% -7% -56%
$179 -3% -1% -1% 10%
95.2% -3.4% -2.5% -4.8%
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 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
December Property sales were 9, up 80.0% from 5 in December
of 2016 and the same as the 9 sales last month. December 2017
Property
sales were Sales
at a mid level compared to December of 2016 and 25
December
Property YTD
sales sales
were of
9, 143
up 80.0%
from 5 0.7%
in December
2015. December
are running
ahead of
of last
2016
and year-to-date
the same as the
9 sales
last month. December 2017
year's
sales
of 142.
-1%
0%
0%
$270,000
$292,803
11%
1%
143
1% -1%
0%
34 -24% 0%
10%
$168
3%
143
1%
9%
$164
6%
34 -24%
-26%
-30%
1.7 -30%
$168
3%
4%
-1.0%
98.6%
2%
-26%
4%
5%
-30%
3%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
20
0
10
8
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
0
10
20
30
40
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
50
A comparatively lower MSI is more beneficial for sellers while 20
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 1.7
MSI is better
for buyers.
December
2017 while
MSI of
higher
MSI
is better
for buyers.
December
MSI of 1.7
10
months
was
at its lowest
level The
compared
with 2017
December
of 2016
months
was at its lowest level compared with December of 2016
and 2015.
3 Mo Avg
17
Median Sales Price and Average Sales Price
30
16
400
380
360
340
320
300
280
260
240
220
200
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
December
was 15, of
down
21.1% from
19 last
and down
The
Total Inventory
Properties
available
for month
sale as of
50
21.1% from
in down
December
last 19 year.
December
2017
December
was 19 15,
21.1% of
from
last month
and down
21.1%
from 19
in at
December
of level
last year.
December
Inventory
was
its lowest
compared
with 2017
December of
40
Inventory
at its lowest level compared with December of
2016 and was
2015.
15
340
320
300
280
260
240
220
200
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 Median
N D J F Sales
M A M Price
J J A and
S O Average
N D J F Sales
M A M Price
J J A S O N D
0 0
5 5
10 10
15 15
Prices
and 2015.
$292,803
20
The Median Sales Price in December was $251,900, down 18.2%
Prices
from $308,000 in December of 2016 and up 5.0% from
The
Median last
Sales month.
Price in The
December
was
$251,900,
18.2% was
$239,900
Average
Sales
Price in down
December
400
from
$308,000
in December
of $328,400
2016 and up
5.0% from of 2016 and
$269,533,
down
17.9% from
in December
380
$239,900
The last
Average
Sales
Price in December
up 4.8% last
from month.
$257,147
month.
December
2017 ASP was
was at
$269,533,
down
from $328,400
in December
of 2016
and 360
the lowest
level 17.9%
compared
to December
of 2016 and
2015.
up 4.8% from $257,147 last month. December 2017 ASP was at
the lowest level compared to December of 2016 and 2015.
Trending versus*:
YTD
Prior YTD 1%
Prior Year
$270,000
-8%
-8%
25
sales were at a mid level compared to December of 2016 and
2015. December YTD sales of 143 are running 0.7% ahead of
last year's year-to-date sales of 142.
Trending versus*:
Prior YTD Prior Year
YTD
$170 2% 4% 6% 9%
$164
6%
5%
1.7 -21% -7% -56% -30%
1.7 -30%
-30%
Number of 98.6%
Properties
95.2% -3.4% -2.5% -4.8% -1.0%
2% Sold 3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
2016 and 2015.
December 2017
Community Information
County: Manassas Park City
Agent Name
Market Action Report
December 2017
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
68
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
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0