MA ARCHIVED February 2016 | Page 75

Washington, D.C. MARKET ACTION REPORT MARKET ACTION REPORT Washington DC Washington DC 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 February 2016 February 2016 Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $1,995,000 5% Median List Price of all Current Listings -8% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $2,820,476 Average List Price of& allTrends Current Listings 4% L3M PYM -9% $1,995,000 Median List Price of all Current Listings 5% -8% $1,440,000 $1,375,000 February Median Sales Price 9% 5% 7% 6% -4% 1% $2,820,476 Average List Price of all Current $1,706,087 4% February Average Sales Price Listings 0% -6% -9% 3% -2% $1,703,734 1% -2% $1,440,000 February Median Currently Sales Price 9% 5% 14% 7% 6% $1,375,000 -4% 1% 135 -1% Total Properties for Sale (Inventory) $1,706,087 $1,703,734 February Price 3% -2% 1% -2% 23 0% -6% -28% 46 FebruaryAverage NumberSales of Properties Sold -32% 135 Total Properties Currently Sale (Inventory) 14% 49 -1% 48 February Average Days onfor Market (Solds) 2% -11% -37% 2% -25% 0% 23 -2% 46 February Number of Properties Sold on New Listings) 0% -32% $664 $668 Asking Price per Square Foot (based 1% -28% 14% 4% 6% 4% 49 34% 48 -12% February Days Market (Solds) 2% -11% 2% -25% 0% $603 $543 FebruaryAverage Sold Price peron Square Foot 6% -37% 5% 3% -7% $664 $668 5.9 -2% 5.9 Asking Price per Square Foot (based on New Listings) 1% 14% 4% 6% 4% February Month's Supply of Inventory -1% 19% 59% 58% 79% 59% $603 34% $543 96.9% 95.5% February Square 6% -1.8% 5% 3% -12% -7% FebruarySold SalePrice Priceper vs List PriceFoot Ratio -.3% 1.6% .5% -.9% -1.0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |5.9 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 5.9 (flat)79% February Month's Supply of Inventory -1% 19% 59% 58% 59% of Properties 96.9% -.3% 1.6% Number 95.5% Sold February Sale Price vs List Price Ratio -1.8% .5% -.9% -1.0%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 80 / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 10 0 Prices The Median Sales Price in February was $1,440,000, up 7.5% from $1,340,000 in February Prices of 2015 and up 8.7% from $1,325,000 last month. The Median Sales Price in February was The Average Sales Price in February was $1,440,000, up 7.5% from $1,340,000 in February $1,706,087, up 3.2% from $1,652,774 in February of of 2015 and up 8.7% from $1,325,000 last month. 2015 and up 0.3% from $1,701,380 last month. The Average Sales Price in February was February 2016 ASP was at the highest level $1,706,087, up 3.2% from $1,652,774 in February of compared to February of 2015 and 2014. 2015 and up 0.3% from $1,701,380 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 34 32 50 58 55 42 31 30 28 33 24 41 24 37 56 72 55 36 27 50 18 38 36 32 30 44 55 73 54 42 37 39 47 44 23 23 70 60 80 50 70 40 60 30 50 20 40 10 30 200 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 34 32 50 58 55 42 31 30 28 33 24 41 24 37 56 72 55 36 27 50 18 38 36 32 30 44 55 73 54 42 37 39 47 44 23 23 Property Sales February Property sales were 23, down 28.1% from 32 in February of 2015 and the same as the 23 sales Property Sales last month. February were at their from February Property