MA ARCHIVED February 2016 | Page 52

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Culpeper

County: Culpeper

Culpeper

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 Trends
| Properties: SFH
- Condo
Market
Profile
Overview

Month

LM

L3M PYM

Trending versus*:

YTD

LY

Prior YTD

Prior Year

Trending versus*:
Trending versus*:
$1,995,000 0%
Median List Price of all Current Listings
58%
Prior
YTD Prior Year
LM
L3M
PYM
LY
Market
Profile
&
Trends
Overview
Month
YTD
$1,962,857
Average List Price of all Current Listings
0%
34%
$1,995,000
$0
$1,260,000
Median
List
Price of
all Current
0% -100% 58% -100%
February
Median
Sales
Price Listings
0%
-50%
$1,962,857
$0 0%
$0
Average
List
Price of
all Current
34% -100%
February
Average
Sales
Price Listings
-100%
$07 0% -100% 0% -100% $1,260,000
February
Median Currently
Sales Price
0%
-50%
Total Properties
for Sale (Inventory)
$00
$0
0
February
Price
-100%
-100%
FebruaryAverage
NumberSales
of Properties
Sold
70 0%
0
Total
Properties
Currently
Sale (Inventory)
0%
February
Average
Days onfor
Market
(Solds)
$0
$00 -100%
0
Asking Price
per Square
Foot (based
-100% -100%
-100%
February
Number
of Properties
Sold on New Listings)
$0
$00
0
FebruaryAverage
Sold Price
peron
Square
Foot
February
Days
Market
(Solds)
0.0
0.0
$0
$0 -100%
February
Month's
Supply
of Inventory
-100%
Asking
Price
per Square
Foot
(based on New Listings)
-100% -100%
-100%
0.0%
0.0%
$0
$0
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
####
-100.0%
February
Square
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
0.0
0.0
February Month's Supply of Inventory
-100%
-100%
Number
of Properties
0.0%
0.0% Sold
February Sale Price vs List Price Ratio
####
-100.0%
3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 1YTD = 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 $0, up
from $0 in February of 2015 and up from $0 last
Prices
month. The Average Sales Price in February was
The
in February
$0,Median
up fromSales
$0 inPrice
February
of 2015was
and$0,
up up
from
from
$0month.
in February
of 2015
and
upwas
from
$0 last
$0 last
February
2016
ASP
at the
month.
Sales
Price in February
was
highest The
levelAverage
compared
to February
of 2015 and
$0,
up
from
$0
in
February
of
2015
and
up
from
2014.
$0 last month. February 2016 ASP was at the
highest level compared to February of 2015 and
2014.

Number of Properties Sold

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 Median
A S O N D
J F M
A M Jand
J AAverage
S O N D Sales
J F M A
M J J A S O N D J F
Sales
Price
Price
14 same # of properties sold above and15below the Median)
16
3 Mo Avg
Median means Middle (the

(000's)
13

3,500

Median Sales Price and Average Sales Price

(000's)
3,000
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
3,500
2,500
3,000
2,000
2,500
1,500
2,000
1,000
1,500 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

1,000

Inventory & MSI

3 Mo Avg

1
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0

1
1
1
1
1
1
0
1
0
0
0
0

1
0
0
0
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0

Property Sales

February Property sales were 0, up from 0 in
February of 2015 and higher than the 0 sales last
Property
Sales
month. February 2016 sales were at their highest
February Property sales were 0, up from 0 in
level compared to February of 2015 and 2014.
February of 2015 and higher than the 0 sales last
February YTD sales of 0 are running ahead of last
month. February 2016 sales were at their highest
year's year-to-date sales of 0.
level compared to February of 2015 and 2014.
February YTD sales of 0 are running ahead of last
year's year-to-date sales of 0.

14

15

16

M A M J Total
J A S O
N D J F M&
A M
J J A S Supply
O N D J of
F MInventory
A M J J A S(MSI)
O N D J F
Inventory
Month's
13
14
15
16
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace

7
7

8
8
8
8

8

7
7

7

5

6

6

8
8
8
8

8

8

5

10
10
9

6

10
10
9

6

7

12

8

10
10
9

13
13
12
13
11
12
12
11
13
12
11
13
15
15
15
15
12
10
10
9

13
13
12
13
11
12
12
11
13
12
11
13

10
10
10

10
10
10

16
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 7, equal to 7 last month and equal to 7 in
14
Inventory
& year.
MSIFebruary 2016 Inventory was at its
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
February of last
12
16
lowest
level
compared
with February
of 2015
The
Total
Inventory
of Properties
available
forand
sale2014.
as of
10
February was 7, equal to 7 last month and equal to 7 in
14
February of last year. February 2016 Inventory was at its
8
12
lowest level compared with February of 2015 and 2014.
6
10
A comparatively lower MSI is more beneficial for sellers
4
while a higher MSI is better for buyers. The February
8
2016 MSI of 0.0 months was at its highest level
2
6
with February
ofis2015
and
2014. for sellers
Acompared
comparatively
lower MSI
more
beneficial
0
4 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
while a higher MSI is better for buyers. The February
14
15
16
2016 MSI of 0.0 months was at its highest level
2 13
compared
February
2015Range:
and 2014.
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property
0 Types: SFH - Condo

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association
andNSussex
not N
reflect
M A M ofJRealtors
J A MLS
S O
D JCounty
F Mof Realtors
A M JMLS
J and
A may
S O
D allJrelevant
F M real
A estate
M J activity.
J A Coldwell
S O NBanker
D J F
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or13
seller to verify any and all information 14
relevant to such consumer’s real estate transaction.
15
16

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

52
| ccourtesy
o l dofw
e l l bRegional
a n kInformation
e r h oServices
m e sIncorporated,
. c o m The Coastal Association of Realtors MLS and Sussex County of Realtors MLS and may not reflect all relevant real estate activity. Coldwell Banker
Data is provided
Metropolitan
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.

14
12
10
14
812

610
48
26
04

2
0