MA ARCHIVED February 2018 | Page 64

Market Action Report
February 2018
County: Loudoun
LOUDOUN
Agent Name
Market Action Report
February 2018
Title
Phone
Agent
Name
Website
Title
Other
Community
Information
County: Loudoun
Price Range: $1,000,000 and Up | Properties: SFH - Con
Phone
Website
Month
Other
Market Profile & Trends Overview
Listings
Average List Price of all Current Listings
Market Profile & Trends Overview
February
Price Listings
Median
List Median
Price of Sales
all Current
February
Price Listings
Average
List Average
Price of Sales
all Current
Total Properties
Currently
February
Median Sales
Price for Sale (Inventory)
February Average
Number
of Properties
Sold
February
Sales
Price
February
Average
Days on
(Solds)
Total
Properties
Currently
for Market
Sale (Inventory)
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
February
Days per
on Square
Market Foot
(Solds)
February Average
Sold Price
Asking
Price
per Square
Foot of (based
on New Listings)
February
Month's
Supply
Inventory
February
per
Foot Ratio
February Sold
Sale Price
Price
vs Square
List Price
Trending versus*:
LM L3M PYM
LY
YTD
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 115, up 36.9% from
84 days last month and up from 0 days in February of last year.
The February 2018 DOM was at its lowest level compared with
February of 2017 and 2016.
115
100
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The February 2018 Selling Price per Square Foot of $0 was down
100.0% from $199 last month and up from 0 in February of last
year.
10
3 Mo Avg
290
270
250
230
210
176
150
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
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Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The February 2018 Selling Price vs Original
List Price of 102.4% was up from 92.3% last month and up from
100.0% in February of last year.
105%
102.4%
100.0%
100%
96.5%
95%
90%
85%
80%
1,400 1,300
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
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16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
100 100
50
0
M A M A J M
J A J S J O A N S D O J N F D M J A F M M J A J M A J S J O A N S D O J N
F M
D A J M F J M J A A M S J O J N A D S J O F N D J F
15 15
16
17
18
16
17
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Copyright © | Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
64
coldwellbankerluxury.com
Copyright © Coldwell
Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
100
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
150
180.0
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
150 150
Total Inventory & Month's Supply of Inventory (MSI)
200
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Inventory & MSI
The Total Inventory of Properties available for sale as of
The Total Inventory of Properties available for sale as of
February was 115, up 2.7% from 112 last month and down 27.2% 250
February was 115, up 2.7% from 112 last month and down 27.2% 250
from 158
158 in in
February
year.
February
2018
Inventory
from
February
of of
last last
year.
February
2018
Inventory
was was 200
lowest
level
compared
with
February
of 2017
2016. 200
at at its its lowest
level
compared
with
February
of 2017
and and
2016.
250
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
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M A 15
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 J F
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16
17
18
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in February 2018 was 25, up 25.0% from 20 last month and
down 39.0% from 41 in February of last year.
1,000
1,100
1,200 1,100
1,300 1,200
1,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
0
5
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Median
Sales Price and Average
Sales Price
comparatively
lower
MSI
is more
beneficial
for sellers
a
A A comparatively
lower
MSI
is more
beneficial
for sellers
while while
a
higher MSI
MSI
better
buyers.
February
2018
of 28.8 50
higher
is is
better
for for
buyers.
The The
February
2018
MSI MSI
of 28.8
months
at at
its its
lowest
level
compared
with with
February
of 2017
months was
was
lowest
level
compared
February
of 2017
0
and
and 2016.
2016.
128
190
The Median Sales Price in February was $1,188,167, down 37.5%
Prices
1,900
from
$1,900,000
in February
of 2017
and down down
18.2% 37.5%
from
The
Median
Sales Price
in February
was $1,188,167,
1,900 1,800
$1,452,500
last in
month.
The of Average
Sales
Price
in February
from
$1,900,000
February
2017 and
down
18.2%
from
was $1,188,760,
down The
37.4%
from Sales
$1,900,000
February of 1,800 1,700
$1,452,500
last month.
Average
Price in in
February
2017
and down down
17.5%
from from
$1,441,786
last month.
February
1,700 1,600
was
$1,188,760,
37.4%
$1,900,000
in February
of
2018
ASP
was 17.5%
at the from
lowest
level compared
to February
2017
and
down
$1,441,786
last month.
February of 2017 1,600 1,500
and ASP
2016.
2018
was at the lowest level compared to February of 2017
1,5 00 1,400
and 2016.
150
170
5
Prices
200
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
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16
17
18
15
10
0
3 Mo Avg
250
0
20
15
Title
Phone
Website
Other
50
3 Mo Avg
Number of Properties Sold
2017 and 2016. February YTD sales of 18 are running 157.1%
ahead of last year's year-to-date sales of 7.
25
Property Sales
February Property sales were 4, up 300.0% from 1 in February
of 2017 and
71.4% lower than the 14 sales last month. February
Property
Sales
25
2018 sales
were at
their
highest
compared
to February
February of
February
Property
sales
were
4, up level
300.0%
from 1 in
2017
and
2016.
February
YTD
sales
of
18
are
running
157.1%
of 2017 and 71.4% lower than the 14 sales last month. February
20
ahead
of last
year-to-date
sales
of 7. to February of
2018
sales
were year's
at their
highest level
compared
Agent Name
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
7%
18.4 -80%
-32%
102.4% 10.9% 9.1% 2.4% 10.0%
1% Sold 2%
Number of 94.5%
Properties
February Sale Price vs List Price Ratio
LOUDOUN
County: Loudoun
Price Range: $1,000,000 and Up | Properties: SFH - Con
* LM=Last Month
/ L3M=Last Supply
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 28.8 259% 81% -82%
February
Month's
Inventory
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
February 2018
Community Information
$1,390,000 -1%
-1%
Trending versus*:
$2,139,711 Trending
-1% versus*: 5%
Month
LM L3M PYM
LY
YTD
Prior YTD Prior Year
$1,188,167
29%
12%
$1,390,000
-1% -18% -6%
-1% -37% -4% $1,385,000
$1,188,760
15%
4%
$2,139,711
-1% -18% -10%
5% -37% -11% $1,385,558
$1,188,167 115
-18% 3%
-6% -37% -27%
-4% $1,385,000
29%
12%
4 -71%
18 157% 4%
$1,188,760 -18%
-10% -37% 300%
-11% $1,385,558
15%
37%
91 117%
8%
115 115
3% 37% 31%
-27%
-2%
4 $248
-71% 18% 12%
300% 25% 5%
18 $231
157% 10%
115 37%
31% -100% 37% -100%
91 $199
117% 27% 8%
$0 -100%
2%
$248 28.8
18% 259%
12% 81%
25% -82%
5% 7% $231 18.4
10% -80% -2% -32%
$0
-100% 10.9%
-100% 9.1% 2.4%
-100% 10.0% $199 94.5%
27% 1% 2%
102.4%
2%
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con
Median
List Price
all Current
Market Action Report
50
0
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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
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