MA ARCHIVED February 2016 | Page 62

Fredericksburg

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Fredericksburg
City

February 2016
February 2016

Agent Name

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

County: Fredericksburg City 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*:
LY

YTD

Prior YTD

Prior Year

Trending versus*:
Trending versus*:
$1,247,500 -4%
1%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$1,248,725
Average List
Price of&
allTrends
Current Listings
1%
$1,247,500
$0 -4% -100% 1% -100% $1,237,500
Median
List
Price of
all Current
February
Median
Sales
Price Listings
0%
0%
$1,248,725
$0
$0
Average
List
Price
of
all
Current
Listings
-1%
1%
February Average Sales Price
$04 33% -100% 100% -100% $1,237,500
February
Median Currently
Sales Price
0%
0%
Total Properties
for Sale (Inventory)
$0
$0
0
0
February
Price
FebruaryAverage
NumberSales
of Properties
Sold
40 33%
0
Total
Properties
Currently
Sale (Inventory)
100%
February
Average
Days onfor
Market
(Solds)
0 -1% -0% 58% 23%
$320
$3210
February
Number
of Properties
Sold on New Listings)
Asking Price
per Square
Foot (based
58%
23%
$0
$00
0
FebruaryAverage
Sold Price
peron
Square
Foot
February
Days
Market
(Solds)
0.0 -1% -0% 58% 23%
0.0
$320
$321
February
Month's
Supply
of Inventory
Asking
Price
per Square
Foot
(based on New Listings)
58%
23%
0.0%
0.0%
$0
$0
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
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
Number of Properties
0.0%
0.0% Sold
February Sale Price vs List Price Ratio
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) / 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
15
16
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)

(000's)
13

1,100

900

Median Sales Price and Average Sales Price

1,100
700

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

(000's)

3 Mo Avg

900
500
700
300
500
100
300
-100
100
-100

Inventory & MSI

3 Mo Avg

0
0
0
0
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
0
0
0
0
0
0
0

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

0
0
0
0
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
0
0
0
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.

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

4

3

4

4

3

4

4
2
2
2

4

3
3

1

2
2
2

3
3
3

2

2

3
3
3

1

4
4
4

3
3

6
6
4
4
4

2

2

3
3
3
3
3

4
4
4
4

5
5
5
5
5
5
5

3
3
3
3
3

4
4
4
4

5
5
5
5
5
5
5

6
6

7
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 4, up 33.3% from 3 last month and up
6
Inventory
&inMSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
100.0% from 2
February of last year. February 2016
75
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
Februarywas
of 2015
2014.
February
4, upand
33.3%
from 3 last month and up
64
100.0% from 2 in February of last year. February 2016
53
Inventory was at its highest level compared with
A comparatively
lower
MSI is more beneficial for sellers
February
of 2015 and
2014.
42
while a higher MSI is better for buyers. Th e February
31
2016 MSI of 0.0 months was at its highest level
with February
ofis2015
and
2014. for sellers
Acompared
comparatively
lower MSI
more
beneficial
20
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
1 13
14
15
16
2016 MSI of 0.0 months was at its highest level
compared
February
2015Range:
and 2014.
Copyright ©with
Coldwell
Banker of
| Price
$1,000,000 and Up | Property
Types:
SFH
Condo
0

Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association
not reflect
Banker
M A M ofJ Realtors
J A MLS
S OandNSussex
D JCounty
F Mof Realtors
A M JMLSJ and
A may
S O
N D allJrelevant
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 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

Data is provided
Metropolitan
62
| 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
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.

5
4
4
5
3
4
3
4
2
23
13
12
02
1
1
0