Prince George’s
MARKET ACTION REPORT
MARKET
ACTION
County: Prince
GeorgesREPORT
County: Prince William
February 2016
February 2016
Agent Name
Title
Agent
Phone Name
Title
Website
Other
Phone
Website
Trending versus*:
Other
Community Information
Price Range: All | Properties: SFH - Condo
Price Range: All | Properties: SFH - Condo
Market Profile & Trends Overview
Month
LM
L3M PYM
Trending versus*:
LY
YTD
Prior YTD
Prior Year
Trending versus*:
Trending versus*:
$289,900 5%
Median List Price of all Current Listings
17%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$325,496
Average List
Price of&
allTrends
Current Listings
6% L3M PYM
16%
$484,900
Median
List
Price
of
all
Current
Listings
2%
4%
$243,450
$250,000
February Median Sales Price
-8%
-5%
4%
-3%
6%
0%
$535,893
Average
List
Price of
all Current
4%
$245,495 -7%
$254,277
February
Average
Sales
Price Listings
-5% 12%
-2%
-5%
3%
-2%
$387,500
$399,000
February
Median Currently
Sales Price
-5%
-2% -28%
-3%
-2%
4%
1%
1,490 -11%
Total Properties
for Sale (Inventory)
$403,501
$400,472
February
Average
Sales
Price
2%
-0%
-1%
-0%
0%
-1%
488 1%
971
February Number of Properties Sold
13%
16%
803
Total
Properties
Currently
Sale (Inventory)
-7% 10% -28%
67 10%
64
February
Average
Days onfor
Market
(Solds)
-16% 12%
-9%
7%
243 15%
455
February
Number
of Properties
Sold on New Listings)
4%
$132
$130
Asking Price
per Square
Foot (based
3%
2% 11%
2%
2%
3%
1%
70 -14%
76
February
Days
Market
(Solds)
6%
-1%
10%
43%
$121
$122
FebruaryAverage
Sold Price
peron
Square
Foot
-2%
-1%
8% 32%
-2%
6%
-2%
$154
$153
3.1 -12%
3.3
Asking
Price
per Square
Foot
(based on New Listings)
2%
1% -36%
4% -19%
3%
2%
2%
February
Month's
Supply
of Inventory
-1%
-35%
-13%
$143 -0%
$143
100.1%
99.1%
February
Square
-1%
-3%
-3%
-3%
-3%
FebruarySold
SalePrice
Priceper
vs List
PriceFoot
Ratio
.6% 1.1%
.3% 1.1%
.6%
.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |3.3
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
3.7 (flat)-27%
February
Month's Supply of Inventory
-19%
-2% -35% -18%
-8%
of Properties
98.0% -.2% -.3% Number
98.1% Sold
February Sale Price vs List Price Ratio
-.1% -.5%
-.1%
-.4%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 800
/ YTD = 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 $243,450,
up 3.6% from $235,000 in February of 2015 and
Prices
down 8.0% from $264,500 last month. The
The Median Sales Price in February was $387,500,
Average Sales Price in February was $245,495,
down 3.1% from $400,000 in February of 2015 and
down 1.8% from $250,028 in February of 2015 and
down 4.9% from $407,450 last month. The Average
down 6.7% from $263,150 last month. February
Sales Price in February was $403,501, down 1.0%
2016 ASP was at a mid range compared to February
from $407,748 in February of 2015 and up 1.6%
of 2015 and 2014.
from $397,000 last month. February 2016 ASP was
at a mid range compared to February of 2015 and
2014.
Inventory & MSI
Number of Properties Sold
3 Mo Avg
513
613
634
579
618
573
549
617
469
572
389
401
448
500
573
606
647
571
567
568
502
572