MA ARCHIVED February 2016 | Page 60

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Fauquier

County: Fauquier

Fauquier

February 2016
February 2016

Agent Name

Title
Agent
Phone Name
Title
Website
Phone
Other
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*:
$1,987,500 0%
Median List Price of all Current Listings
-15%
LM L3M PYM
LY
Market
Profile
Overview
Month -0%
YTD Prior YTD Prior Year
$3,749,763
Average List
Price of&
allTrends
Current Listings
-14%
$1,987,500
Median
List
Price
of
all
Current
Listings
0%
-15%
$2,387,000
$2,387,000
February Median Sales Price
45% 54% 45%
40%
45%
$3,749,763
Average
List
Price of
all Current
$2,387,000 -0% 18% -14%
February
Average
Sales
Price Listings
54% 13% $2,387,000
-13%
13%
$2,387,000
February
Median Currently
Sales Price
40%
45%
74 -3% 45% 54%
Total Properties
for Sale (Inventory)
14% 45% $2,387,000
$2,387,000
$2,387,000
February
Average
Sales
Price
18%
54%
13%
-13%
13%
1
1
February Number of Properties Sold
0%
-67%
74
Total
Properties
Currently
for
Sale
(Inventory)
-3%
14%
39
39
February Average Days on Market (Solds)
-88% -91% -88%
-82%
-88%
1
February
Number
of Properties
Sold on New Listings)
0% -34%
-67%
$326
$3261 -19%
Asking Price
per Square
Foot (based
7%
-34%
39
39
February
Days
Market
(Solds)
-88% -91% -100%
-88%
-82%
-88%
$0
$0
FebruaryAverage
Sold Price
peron
Square
Foot
-100%
-100%
$326
$326
Asking
Price
per Square
Foot
(based on New Listings)
7% 14% 108%
-34%
-19%
-34%
74.0
74.0
February
Month's
Supply
of Inventory
69%
51%
108%
$0
$0 8.5%
February
Square
-100%
-100%
91.8%
91.8%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
2.8% 45.0% -100%
.1%
.1%
* LM=Last Month
/ L3M=Last
3 Months of
/ PYM=Same
Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date74.0
| Arrows indicate if Month
/ YTD values
higher (up), lower (down) or74.0
unchanged (flat)
February
Month's
Supply
Inventory
69%
14%are 108%
51%
108%
Number
of Properties
91.8%
91.8% Sold
February Sale Price vs List Price Ratio
2.8% 45.0%
.1%
8.5%
.1% 3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / 7YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

53
42
31
20

1
0

Prices

The Median Sales Price in February was
$2,387,000, up 54.0% from $1,550,000 in
Prices
February of 2015 and up from $0 last month. The
The Median Sales Price in February was
Average Sales Price in February was $2,387,000, up
$2,387,000, up 54.0% from $1,550,000 in
54.0% from $1,550,000 in February of 2015 and up
February of 2015 and up from $0 last month. The
from $0 last month. February 2016 ASP was at the
Average Sales Price in February was $2,387,000, up
highest level compared to February of 2015 and
54.0% from $1,550,000 in February of 2015 and up
2014.
from $0 last month. February 2016 ASP was at the
highest level compared to February of 2015 and
2014.

Inventory & MSI

3 Mo Avg

2
0
2
0
1
3
3
1
0
2
1
0
5
4
1
4
2
2
0
2
4
3
2
1
3
0
3
2
3
3
2
3
2
6
0
1

February YTD sales of 1 are running 66.7% behind
last year's year-to-date sales of 3.

Number of Properties Sold

6
75
64

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

2
0
2
0
1
3
3
1
0
2
1
0
5
4
1
4
2
2
0
2
4
3
2
1
3
0
3
2
3
3
2
3
2
6
0
1

Property Sales

February Property sales were 1, equal to 1 in
February ofSales
2015 and higher than the 0 sales last
Property
month. February
at their
highest
February
Property 2016
sales sales
were were
1, equal
to 1 in
level
compared
to
February
of
2015
and
2014.
February of 2015 and higher than the 0 sales last
February
YTD sales
of 1sales
are running
66.7%
behind
month.
February
2016
were at their
highest
last
year's
year-to-date
sales
of
3.
level compared to February of 2015 and 2014.

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
15
16

13
(000's)

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

3 Mo Avg

5,500
Median Sales Price and Average Sales Price
5,000
(000's)
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
4,500
5,500
4,000
5,000
3,500
4,500
3,000
4,000
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000 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
1,500 13
1,000

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

68

68
78
78
80
80
85
85
88
88
82
82
86
86
89
89
88
88
82
82
70
70
65
65
73
73
76
76
81
81
74
74
72
72
76
76
80
80
82
82
76
76
68
68
66
66
65
65
68
68
78
78
89
89
89
89
87
87
92
92
96
96
92
92
90
90
80
80
76
76
74
74

120
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 74, down 2.6% from 76 last month and up
100
Inventory
&
MSI
MSI
is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
13.8% from 65 in February of last year. February 2016
120
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
80
February
74, down
2.6% from 76 last month and up
Februarywas
of 2015
and 2014.
100
13.8% from 65 in February of last year. February 2016
60
Inventory was at its highest level compared with
80
February
of 2015 and
2014.
40
A comparatively
lower
MSI is more beneficial for sellers
while a higher MSI is better for buyers. The February
60
20
2016 MSI of 74.0 months was at its highest level
40
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
0
while a higher MSI is better for buyers. The February
20 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
2016 MSI of 74.0 months was at its highest level
13
14
15
16
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
Sussex
not N
reflect
estate
Coldwell
M A Mof JRealtors
J AMLS
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F Mof Realtors
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J A S
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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
60
| ccourtesy
o l dofw
e l l bRegional
a n kInformation
e r h oServices
m e sIncorporated,
. 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.

100
90
80
100
70
90
60
80
50
70
40
60
30
50
20
40
10
030
20
10
0