MA ARCHIVED February 2016 | Page 48

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Arlington

County: Arlington

Arlington

February 2016
February 2016

Agent Name

Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other

Community Information

Price Range: $1,000,000 and Up | Properties: SFH - Condo

Price Range: $1,000,000 and Up | Properties: SFH - Condo

Market Profile & Trends Overview

Month

LM

L3M PYM

Trending versus*:
LY

YTD

Prior YTD

Prior Year

Trending versus*:
Trending versus*:
$1,525,000 -5%
-5%
LM L3M PYM
LY
Market
Profile
Overview
Month -2%
YTD Prior YTD Prior Year
$1,594,382
Average List
Price of&
allTrends
Current Listings
-3%
$1,525,000
Median
List
Price
of
all
Current
Listings
-5%
-5%
$1,565,703
$1,287,000
February Median Sales Price
36% 14% 15% 16%
-6%
-4%
$1,594,382
Average
List
Price of
all Current
-2% 16% 14%
-3% 16% $1,395,094
$1,631,008 31%
February
Average
Sales
Price Listings
-5%
-1%
$1,565,703
February
Median Currently
Sales Price
-6%
-4%
112 36%
Total Properties
for Sale (Inventory)
12% 14% 15%
6% 16% $1,287,000
$1,631,008
$1,395,094
February
Average
Sales
Price
31%
16%
14%
16%
-5%
-1 %
13
33
February Number of Properties Sold
-35%
-7%
10%
112
Total
Properties
Currently
Sale (Inventory)
6% 83%
106 12%
90
February
Average
Days onfor
Market
(Solds)
33% 68%
-4%
-4%
55%
13 -35%
33
$393
$396
February
Number
of Properties
Sold on New Listings)
10%
Asking Price
per Square
Foot (based
-2%
-2% -7%
5%
1%
4%
2%
106 33%
90
$418
$389
February
Days
Market
(Solds)
83%
-4%
55%
FebruaryAverage
Sold Price
peron
Square
Foot
13% 68%
14% -4%
2% 12%
10%
4%
$393
$396
8.6 72%
6.8
Asking
Price
per Square
Foot
(based on New Listings)
-2% 55%
-2% 14%
5% 69%
1%
4%
2%
February
Month's
Supply
of Inventory
-7%
34%
$418 -1.1%
$389
96.4%
96.9%
February
Square
13% -1.0%
14%
2% -1.5%
12%
10%
4%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.0%
-.3%
-1.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |8.6
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
6.8 (flat)-7%
February
Month's Supply of Inventory
72% 55% 14% 69%
34%
of Properties
96.4% -1.1% -1.0% Number
96.9% Sold
February Sale Price vs List Price Ratio
.0% -1.5%
-.3%
-1.0%3 Mo Avg
Median List Price of all Current Listings

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 60
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

0

Prices

The Median Sales Price in February was $1,565,703,
up 14.7% from $1,364,950 in February of 2015 and
Prices
up 36.1% from $1,150,000 last month. The Average
The Median Sales Price in February was $1,565,703,
Sales Price in February was $1,631,008, up 13.6%
up 14.7% from $1,364,950 in February of 2015 and
from $1,435,968 in February of 2015 and up 31.3%
up 36.1% from $1,150,000 last month. The Average
from $1,241,751 last month. February 2016 ASP
Sales Price in February was $1,631,008, up 13.6%
was at the highest level compared to February of
from $1,435,968 in February of 2015 and up 31.3%
2015 and 2014.
from $1,241,751 last month. February 2016 ASP
was at the highest level compared to February of
2015 and 2014.

Inventory & MSI

Number of Properties Sold

3 Mo Avg

23
23
38
31
26
24
25
25
18
25
5
18
20
27
49
37
38
23
23
23
22
31
16
14
28
30
36
41
28
26
27
23
24
31
20
13

50
60
40
50
30
40
20
30
10
20
0
10

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
13
14
15
16

23
23
38
31
26
24
25
25
18
25
5
18
20
27
49
37
38
23
23
23
22
31
16
14
28
30
36
41
28
26
27
23
24
31
20
13

Property Sales

February Property sales were 13, down 7.1% from 14
in FebruarySales
of 2015 and 35.0% lower than the 20
Property
sales lastProperty
month. February
sales were
their
February
sales were2016
13, down
7.1% at
from
14
lowest level compared to February of 2015 and
in February of 2015 and 35.0% lower than the 20
2014. February YTD sales of 33 are running 10.0%
sales last month. February 2016 sales were at their
ahead of last year's year-to-date sales of 30.
lowest level compared to February of 2015 and
2014. February YTD sales of 33 are running 10.0%
ahead of last year's year-to-date sales of 30.

M A M J J Median
A S O N D
J F M
A M and
J J AAverage
S O N D Sales
J F M Price
A M J J A S O N D J F
Sales
Price
14
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)

(000's)
13

1,700

Median Sales Price and Average Sales Price

1,600
(000's)
1,700
1,500
1,600
1,400

Median means Middle (the same # of properties sold above and below the Median)

3 Mo Avg

1,500
1,300
1,400
1,200
1,300
1,100
1,200
1,100

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
13
14
15
16

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
Total Inventory
& Month's Supply
of Inventory (MSI) 16
13
14
15
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

94
117
117
118
118
104
104
96
96
108
108
122
122
108
108
87
87
86
86
93
93
105
105
120
120
136
136
139
139
133
133
126
126
135
135
142
142
129
129
106
106
112
112
106
106
105
105
136
136
147
147
142
142
140
140
137
137
148
148
152
152
128
128
94
94
100
100
112
112

80

94

80

160
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 112, up 12.0% from 100 last month and up
140
Inventory
&
MSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
5.7% from 106 in February of last year. February 2016
120
160
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
100
February
112, up
Februarywas
of 2015
and12.0%
2014.from 100 last month and up
140
5.7% from 106 in February of last year. February 2016
80
120
Inventory was at its highest level compared with
60
100
A comparatively
lower
MSI is more beneficial for sellers
February
of 2015 and
2014.
40
while a higher MSI is better for buyers. The February
80
2016 MSI of 8.6 months was at its highest level
20
60
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
0
40
while a higher MSI is better for buyers. The February
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
14
15
16
2016 MSI of 8.6 months was at its highest level
20 13
compared
February
2015Range:
and 2014.
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property0 Types: SFH - Condo

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association
of Realtors
Banker
M A Mof JRealtors
J AMLS
S and
O Sussex
N D County
J F M
A M MLS
J JandAmay
S not
O reflect
N DallJrelevant
F Mreal
A estate
M Jactivity.
J A Coldwell
S O N
D J F
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller
13 to verify any and all information relevant
14 to such consumer’s real estate transaction.
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo

Data is provided
Metropolitan
48
| ccourtesy
o l dofw
e l l bRegional
a n kInformation
e r h oServices
m e sIncorp orated,
. c o mThe Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
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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20
14
18
12
16
10
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612
410
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