MA ARCHIVED December 2017 | Page 79

Market Action Report
County: Washington DC
December 2017
Washington, D.C.
Market Action Report
County: Washington DC
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
$499,900
0%
5%
Other
$1,007,593 Trending
6% versus*:
16%
Month
LM 3%
L3M 6%
PYM 1%
LY
$489,450
$499,900
0% 16% 17%
5% 16%
$737,881
$1,007,593 659
6% -29% 16% -19%
$489,450 386
3% -2%
6% 1% 13%
5%
$737,881 16%
17%
16%
20%
38 15% 19% 27%
659 -29%
-19%
$517 -2% -5% -1%
386 -2%
13%
$529 -0% 2% 4%
38 15% 19% 27% 6%
1.7 -27% -19% -28%
$517 -2% -5% -1% -1%
97.2% -.7% -.8% -1.2%
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
$529 -0% 2% 4%
1.7 -27% -19% -28%
97.2% -.7% -.8% -1.2%
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*:
Prior YTD 3%
Prior Year 3%
5% YTD
$479,950
20%
$643,323
5%
4%
$479,950 5,150
3%
$643,323
5%
6%
33
7% 3%
-8% 4%
4%
4%
-8%
-9%
3%
0%
-1%
$538
5,150
7%
5%
$523
33
-8%
-28%
2.2
$538
4%
-1.3%
98.5%
-8%
3%
4%
-9%
0%
5%
$523
4%
4%
-28%
2.2
-9%
-9%
Number of 98.5%
Properties
-1.3%
0% Sold 0%
* 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
600
December Property sales were 386, up 12.9% from 342 in
December of 2016 and 2.3% lower than the 395 sales last month. 500
Property
December Sales
2017 sales were at a mid level compared to December
600
December
Property
were 386,
up sales
12.9%
of 2016 and
2015. sales
December
YTD
of from
5,150 342
are in running
December
of 2016
and
2.3% year-to-date
lower than the
395 of sales
last month. 500 400
7.4% ahead
of last
year's
sales
4,795.
Prices
15
800
750
444
16
430
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
16.3% from $634,482 last month. December 2017 ASP was at
the highest level compared to December of 2016 and 2015.
0
100
The Median Sales Price in December was $489,450, up 0.7%
Prices
from $485,950 in December of 2016 and up 3.0% from
The
Median last
Sales
Price in The
December
$489,450,
0.7%
$475,000
month.
Average was
Sales
Price in up
December
was
800
from
$485,950
in December
of 2016 and
up 3.0% from
$737,881,
up 16.4%
from $633,892
in December
of 2016 and up
$475,000
last $634,482
month. The
Average
Price in 2017
December
was at 750
16.3% from
last
month. Sales
December
ASP was
$737,881,
up 16.4%
from $633,892
in December
of 2016
and up 700
the highest
level compared
to December
of 2016
and 2015.
200 100
200
300
3 Mo Avg
300
400
December 2017 sales were at a mid level compared to December
of 2016 and 2015. December YTD sales of 5,150 are running
7.4% ahead of last year's year-to-date sales of 4,795.
Number of Properties Sold
17
Median Sales Price and Average Sales Price
3 Mo Avg
700
650
650 600
600 550
550 500
500 450
450 400
400
3.5
3.5
2.0
400
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
a 1.7 400
MSI is better
for buyers.
December
2017 while
MSI of
200
higher
MSI
is better
for buyers.
December
MSI of 1.7
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. 1.5
and 2015.
0
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
SFH - Con
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
All | Property
Types: Types:
SFH - Con
2.5
2.5
600
600
3.0
3.0
2.0
800
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
December
was 659,
28.6%
from 923
The
Total Inventory
of down
Properties
available
for last
sale month
as of and down
18.6% from
December
last 923
year.
December
was 810
659, in down
28.6% of
from
last December
month and 2017
down 1,200 1,000
18.6%
from 810
last compared
year. December
2017
Inventory
was in
at December
its lowest of
level
with December
of 1,000
800
Inventory
at its lowest level compared with Decemb er of
2016 and was
2015.
2016 and 2015.
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
1.0
0.5
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
c o l dw el l b a n k er h o m es . c o m
| 79
Data
provided
courtesy
of Coastal
Association
of REALTORS
MD, Metropolitan
Inc., Metropolitan
Regional
Information
Systems,
Inc., County
Sussex Association
County Association
of REALTORS
and
may all not relevant
reflect real
all relevant
real estate
activity.
Coldwell
Banker
Residential Brokerage
Data
is is
provided
courtesy
of Coastal
Association
of REALTORS
of MD, of Inc.,
Regional
Information
Systems,
Inc., Sussex
of REALTORS
and may not
reflect
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.
1.5
1.0
0.5
0.0