MA ARCHIVED December 2017 | Page 76

Market Action Report
Stafford
County: Stafford
Market Action Report
County: Stafford
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
$399,900
0%
0%
Other
$430,485 Trending
1% versus*: 1%
Month
LM -0%
L3M 2%
PYM 4%
LY
$349,900
$399,900
0% -2% 1%
0% -1%
$357,546
$430,485 493
1% -13% 1% -7%
$349,900 137
-0% -2%
2% 4% -7%
6%
$357,546 -2%
1%
-1%
4%
61 20% 30% 13%
493 -13%
-7%
$141 4% 1% 2%
137 -2%
-7%
$135 -1% 1% 7%
61 20% 30% 13% 11%
3.6 -11% -13% -0%
$141 4% 1% 2% 4%
96.2% -1.4% -.9% -.2%
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
$345,000
6%
4%
$358,080
5%
4%
4%
$345,000 2,048
5%
$358,080
4%
11%
49
3% 5%
-11% 4%
4%
$138
2%
2,048
3%
5%
$133
3%
49 -11%
-11%
-13%
3.8
-7%
$138
2%
2%
-.4%
97.3%
1%
-11%
2%
3%
-7%
1%
$135 -1% 1% 7% 5%
$133
3%
3%
3.6 -11% -13% -0% -13%
3.8
-7%
-7%
of 97.3%
Properties
96.2% -1.4% -.9% -.2% 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
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
350
December Property sales were 137, down 6.8% from 147 in
December of 2016 and 2.1% lower than the 140 sales last month. 300
Property
December Sales
2017 sales were at their lowest level compared to 350
December
Property
down 6.8%
from
147 of in 2,048 are
250
December
of 2016 sales
and were
2015. 137,
December
YTD
sales
December
of 2016
and of
2.1%
than
the 140 sales
last of month.
running 3.3%
ahead
last lower
year's
year-to-date
sales
1,983. 300
200
December 2017 sales were at their lowest level compared to
Prices
370
360
350
340
330
320
310
300
179
163
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
Inventory & MSI
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 3.6
MSI is better
for buyers.
December
2017 while
MSI of
200
higher
MSI
is better
for buyers.
December
MSI of 3.6
months
was
at its lowest
level The
compared
with 2017
December
of 2016 200
months
was at its lowest level compared with December of 2016
0
and 2015.
and 2015.
17
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,000
December
was 493,
13.4% available
from 569
The
Total Inventory
of down
Properties
for last
sale month
as of and down
7.2% from
531
in December
last year.
December
2017
December
was
493,
down 13.4% of from
569 last
month and
down 1 ,000
800
7.2%
from 531
in at
December
last year.
December
Inventory
was
its lowest of level
compared
with 2017
December of
800
Inventory
at its lowest level compared with December of
2016 and was
2015.
600
2016 and 2015.
16
Median Sales Price and Average Sales Price
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
down 2.2% from $365,746 last month. December 2017 ASP was
at a mid range compared to December of 2016 and 2015.
15
400
390
380
370
360
350
340
330
320
310
300
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
The Median Sales Price in December was $349,900, up 4.4%
Prices
from $335,000 in December of 2016 and down 0.0% from
The
Median last
Sales month.
Price in The
December
was
$349,900,
4.4%
$350,000
Average
Sales
Price in up
December
was
400
from
$335,000
in December
2016 and in
down
0.0% from
$357,546,
down
0.6% from of $359,835
December
of 2016 and
390
$350,000
last from
month.
The Average
Sales Price
in December
was was
down 2.2%
$365,746
last month.
December
2017 ASP
380
$357,546,
down 0.6%
from $359,835
in December
of 2016
and
at a mid range
compared
to December
of 2016 and
2015.
0
50
50
100
100
150
3 Mo Avg
150
200
250
December of 2016 and 2015. December YTD sales of 2,048 are
running 3.3% ahead of last year's year-to-date sales of 1,983.
Number of Properties Sold
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
76
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 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