MA ARCHIVED February 2016 | Page 64

MARKET ACTION REPORT
MARKET
ACTION REPORT
County: Loudoun

County: Loudoun

Loudoun

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*:
$1,382,000 -0%
-7%
LM L3M PYM
LY
Market
Profile
Overview
Month -1%
YTD Prior YTD Prior Year
$1,890,840
Average List
Price of&
allTrends
Current Listings
-4%
$1,382,000
Median
List
Price of
all Current
-7% 21% $1,600,000
$1,511,233 -0%
February
Median
Sales
Price Listings
-7% 12% 24%
27%
28%
$1,890,840
Average
List
Price
of
all
Current
Listings
-1%
-4%
$1,511,233
$1,715,709
February Average Sales Price
-16%
-6% -10%
-4%
-14%
9%
$1,511,233
February
Median Currently
Sales Price
27%
28%
130 -7%
Total Properties
for Sale (Inventory)
5% 12% 24%
2% 21% $1,600,000
$1,511,2332 -16%
February
Price
-4% $1,715,709
-14%
9%
7
FebruaryAverage
NumberSales
of Properties
Sold
-60% -6% -10%
-33%
-13%
130
Total
Properties
Currently
for
Sale
(Inventory)
5%
2%
128
74
February Average Days on Market (Solds)
146%
-3% -75%
-1%
-73%
-43%
2 -60%
February
Number
of Properties
Sold on New Listings)
-13%
$208
$2227
Asking Price
per Square
Foot (based
-14% -14% -33%
5% -11%
15%
-5%
128 146%
74
$176
$208
February
Days
Market
(Solds)
-3% -75%
-1%
-73%
-43%
FebruaryAverage
Sold Price
peron
Square
Foot
-19% -22%
6% -13%
22%
2%
$208
$222
65.0 162%
44.9
Asking
Price
per Square
Foot
(based on New Listings)
-14% -14%
5% 238%
-11%
15%
-5%
February
Month's
Supply
of Inventory
98% 52%
36%
133%
$176 12.7%
$208 5.0%
105.4%
95.4%
February
Square
-19% -22%
6% 11.5%
-13%
22%
2%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
8.8% 18.7%
.9%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date65.0
| Arrows indicate if Month / YTD values are higher (up), lower (down) or44.9
unchanged (flat)
February
Month's Supply of Inventory
162% 98% 52% 238%
36%
133%
Number
of Properties
105.4% 12.7% 8.8% 18.7%
95.4% Sold
February Sale Price vs List Price Ratio
11.5%
5.0%
.9% 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) 20
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

18
Number of Properties Sold
3 Mo Avg
16
20
14
18
12
16
10
148
126
104
82
60
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
14
15
16
2 13
0

6
6
9
10
9
7
5
8
3
10
5
4
6
11
7
17
16
8
11
9
3
18
5
3
7
7
16
15
10
11
7
12
8
14
5
2

6
6
9
10
9
7
5
8
3
10
5
4
6
11
7
17
16
8
11
9
3
18
5
3
7
7
16
15
10
11
7
12
8
14
5
2

Property Sales

February Property sales were 2, down 33.3% from 3
in FebruarySales
of 2015 and 60.0% lower than the 5
Property
sales lastProperty
month. February
sales33.3%
were atfrom
their3
February
sales were2016
2, down
lowest
level
compared
to
February
of
2015
and
in February of 2015 and 60.0% lower than the 5
2014. February YTD sales of 7 are running 12.5%
sales last month. February 2016 sales were at their
behind last year's year-to-date sales of 8.
lowest level compared to February of 2015 and
2014. February YTD sales of 7 are running 12.5%
behind last year's year-to-date sales of 8.

Prices

The Median Sales Price in February was $1,511,233,
up 23.9% from $1,220,000 in February of 2015 and
Prices
down 7.0% from $1,625,000 last month. The
The Median Sales Price in February was $1,511,233,
Average Sales Price in February was $1,511,233,
up 23.9% from $1,220,000 in February of 2015 and
down 10.3% from $1,685,000 in February of 2015
down 7.0% from $1,625,000 last month. The
and down 15.9% from $1,797,500 last month.
Average Sales Price in February was $1,511,233,
February 2016 ASP was at a mid range compared to
down 10.3% from $1,685,000 in February of 2015
February of 2015 and 2014.
and down 15.9% from $1,797,500 last month.
February 2016 ASP was at a mid range compared to
February of 2015 and 2014.

Inventory & MSI

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

2,400
2,200

Median Sales Price and Average Sales Price

2,000
2,400

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

(000's)

3 Mo Avg

1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400

1,200
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
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

131
137

131
137

159
159
158
158
153
153
135
135
138
138
131
131
114
114
101
101
97
97
101
101
117
117
143
143
160
160
172
172
165
165
170
170
173
173
164
164
142
142
125
125
117
117
128
128
140
140
163
163
167
167
177
177
181
181
179
179
176
176
168
168
135
135
123
123
124
124
130
130

200
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 130, up 4.8% from 124 last month and up
180
Inventory
&
MSI
MSI
is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
1.6% from 128 in February of last year. February 2016
160
200
The
Total Inventory
Properties
sale as of
Inventory
was at itsof
highest
level available
comparedfor
with
140
February
130, and
up 4.8%
180
Februarywas
of 2015
2014.from 124 last month and up
120
1.6% from 128 in February of last year. February 2016
160
100
Inventory was at its highest level compared with
140
80
February
of 2015 and
2014.
A comparatively
lower
MSI is more beneficial for sellers
120
60
while a higher MSI is better for buyers. The February
100
40
2016 MSI of 65.0 months was at its highest level
80
20
Acompared
comparatively
lower MSI
more
beneficial
with February
ofis2015
and
2014. for sellers
600
while a higher MSI is better for buyers. The February
40 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 65.0 months was at its highest level
20 13
compared
February
2015Range:
and 2014.
Copyrig ht ©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
64
| 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.

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