MA ARCHIVED December 2017 | Page 70

Market Action Report County: Prince William Market Action Report December 2017 Prince William County: Prince William 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 $505,920 3% 5% Other $555,503 Trending 5% versus*: 9% Trending versus*: Month LM 3% L3M 3% PYM 5% LY Prior YTD 5% Prior Year 5% $437,500 7% YTD $429,900 $505,920 3% -5% 1% 5% 4% $439,461 6% $432,706 5% 5% $555,503 569 5% -22% 9% -24% $437,500 341 3% 10% 3% 5% 13% 7% $429,900 4,590 5% 3% 5% $439,461 -5% 1% 4% 6% $432,706 5% 45 7% 10% -8% -6% 38 -21% 5% -21% 569 -22% -24% $166 2% 2% 5% 8% $158 3% 3% 341 10% 13% 4,590 3% $155 -2% -1% 3% 3% $155 4% 3% 45 7% 10% -8% -6% 38 -21% -21% 1.7 -29% -27% -33% -45% 2.4 -20% -20% $166 2% 2% 5% 8% $158 3% 3% 96.8% -.1% -.3% .1% -.4% 97.8% 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 $155 -2% -1% 3% 3% $155 4% 3% 1.7 -29% -27% -33% -45% 2.4 -20% -20% of 97.8% Properties 96.8% -.1% -.3% .1% Number -.4% 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 700 December Property sales were 341, up 12.9% from 302 in December of 2016 and 9.6% higher than the 311 sales last 600 Property Sales 2017 sales were at a mid level compared to 700 month. December December Property up 12.9% YTD from sales 302 of in 4,590 are 500 December of 2016 sales and were 2015. 341, December December of 2016 and of 9.6% the 311 sales last running 3.1% ahead last higher year's than year-to-date sales of 4,451. 600 400 month. December 2017 sales were at a mid level compared to Prices 15 The Median Sales Price in December was $437,500, up 5.4% Prices from $415,000 in December of 2016 and up 2.9% from 490 The Median last Sales month. Price in The December was $437,500, 5.4% $425,000 Average Sales Price in up December was from $415,000 in December of 2016 and up 2.9% from $439,461, up 4.0% from $422,730 in December of 2016 and 490 470 $425,000 last from month. The Average Sales Price in December was was 450 down 4.5% $460,295 last month. December 2017 ASP $439,461, up 4.0% from $422,730 December of of 2016 2016 and and 2015. 470 at the highest level compared to in December down 4.5% from $460,295 last month. December 2017 ASP was 450 430 397 16 377 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 the highest level compared to December of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 December of 2016 and 2015. December YTD sales of 4,590 are running 3.1% ahead of last year's year-to-date sales of 4,451. Number of Properties Sold 17 Median Sales Price and Average Sales Price 3 Mo Avg 430 410 410 390 390 370 370 350 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 350 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 S