MA ARCHIVED December 2017 | Page 72

Market Action Report
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
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
$237 52% 16% 18%
20.0 49% 41% 138%
87.3% -7.5% -7.7% -.6%
* 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
Prices
The Median Sales Price in December was $576,250, up 60.1%
Prices
from $360,000 in December of 2016 and up 32.5% from
The
Median last
Sales month.
Price in The
December
was
$576,250,
60.1%
$435,000
Average
Sales
Price in up December
was
800
from
$360,000
in December
of 2016 and
up 32.5% from
$586,875,
up 47.1%
from $399,078
in December
of 2016 and up
$435,000
last $403,329
month. The
Average
Price in 2017
December
was at 700
45.5% from
last
month. Sales
December
ASP was
$586,875,
up level
47.1% compared
from $399,078
in December
of 2016
and up
the highest
to December
of 2016
and 2015.
45.5% from $403,329 last month. December 2017 ASP was at
the highest level compared to December of 2016 and 2015.
5
0
2
15
16
800
10
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
4
2
6
4
8
6
10
8
3 Mo Avg
12
10
3 Mo Avg
Number of Properties Sold
14
12
54%
$173
12%
12%
1%
13.5 -32%
-32%
Number of 92.3%
Properties
-3.5%
2% Sold 2%
16
December Property sales were 4, down 60.0% from 10 in
December of 2016 and 42.9% lower than the 7 sales last month.
Property
December Sales
2017 sales were at their lowest level compared to 16
December
Property
down 60.0%
from
10 in
December
of 2016 sales
and were
2015. 4, December
YTD
sales
of 93 are
14
December
of 2016 ahead
and 42.9%
than
the 7 sales sales
last month.
running 20.8%
of last lower
year's
year-to-date
of 77.
December 2017 sales were at their lowest level compared to
December of 2016 and 2015. December YTD sales of 93 are
running 20.8% ahead of last year's year-to-date sales of 77.
Trending versus*:
Prior YTD Prior Year
YTD
$582,000
3%
25%
Other
$893,810 Trending
9% versus*:
21%
Trending versus*:
Month
LM 32%
L3M 58%
PYM 60%
LY 73% YTD
Prior YTD 7%
Prior Year 8%
$576,250
$360,000
$582,000
3% 46% 34%
25% 47% 37%
$586,875
$394,089
-9%
-8%
$893,810 9%
80 -15% 21% -5%
$576,250 32%
58% 60% -60%
73%
$360,000
7% 21% 8%
4 -43%
93
$586,875 306
46% 159%
34% 139%
47% 40%
37% 110%
$394,089
-9%
128
-7% -8% -12%
80 -15%
-5%
$281 36% 14% 86% 43%
$209
5%
7%
4 -43%
-60%
93
21%
$237 52% 16% 18% 54%
$173
12%
12%
306 159% 139% 40% 110%
128
-7%
-12%
20.0 49% 41% 138% 1%
13.5 -32%
-32%
$281 36% 14% 86% 43%
$209
5%
7%
87.3% -7.5% -7.7% -.6% -3.5%
92.3%
2%
2%
Average List Price of all Current Listings
County: Rappahannock
Agent Name
Market Action Report
Rappahannock
County: Rappahannock
December 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
700
3 Mo Avg
600
600 500
500 400
400 300
300 200
200 100
80
A comparatively lower MSI is more beneficial for sellers while a 60
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a
MSI is better
for buyers.
December
2017 while
MSI of
40
higher
MSI is better
for its buyers.
December
2017
MSI
of
20.0 months
was at
highest The
level
compared
with
December
of
20.0
months
was at its highest level compared with December of 20
2016
and 2015.
0
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
60.0
60.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
140
December
was 80, of down
14.9% available
from 94 for
last sale
month
The
Total Inventory
Properties
as of and down
140 120
4.8% from
84 80,
in December
last 94
year.
December
was
down 14.9% of from
last December
month and 2017
down
4.8%
from 84
in at
December
of level
last year.
December
Inventory
was
its lowest
compared
with 2017
December of 120 100
Inventory
at its lowest level compared with December of
2016 and was
2015.
100
80
2016 and 2015.
50.0
50.0
40.0
40.0
60 30.0
40 20.0
20
Inventory & MSI
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
100
10.0
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
SFH - Con
72
c o Banker
l d Residential
w e l l Brokerage
b a n | k Price
e Range:
r h o All m | Property
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 refl ect 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.
30.0
20.0
10.0
0.0