MA ARCHIVED February 2016

MARKET ACTION REPORT MARKET ACTION County: Alexandria CityREPORT County: Alexandria City Alexandria 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*: $305,000 2% Median List Price of all Current Listings 3% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $528,922 Average List Price of& allTrends Current Listings 8% L3M PYM -2% $305,000 Median List Price of all Current Listings 2% 3% $317,000 $304,000 February Median Sales Price 21% -5% -8% -4% -9% -8% $528,922 Average List Price of all Current 8% $506,732 12% $481,293 February Average Sales Price Listings 7% -2% 0% 8% -2% 2% $317,000 $304,000 February Median Currently Sales Price -8% -4% -9% -8% 265 21% Total Properties for Sale (Inventory) -6% -5% -0% $506,732 $481,293 February Average Sales Price 12% 7% 0% 8% -2% 2% 69 19% 127 February Number of Properties Sold -13% -15% 265 Total Properties Currently Sale (Inventory) -0% 34% 63 -6% 62 February Average Days onfor Market (Solds) 3% 11% -13% -3% 32% 69 19% 127 February Number of Properties Sold on New Listings) -15% $305 $301 Asking Price per Square Foot (based 3% 4% -13% 3% -0% -1% -2% 63 3% 62 February Days Market (Solds) -3% 32% $294 $292 FebruaryAverage Sold Price peron Square Foot 2% 11% -1% -13% -2% 34% -3% -3% -4% $305 $301 3.8 -21% 4.3 Asking Price per Square Foot (based on New Listings) 3% 4% 3% 20% -0% -1% -2% February Month's Supply of Inventory 6% 14% 23% 36% $294 -.1% $292 97.2% 97.9% February Square 2% -.7% -1% -.7% -2% -1.1% -3% -3% -4% FebruarySold SalePrice Priceper vs List PriceFoot Ratio -.5% -.3% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |3.8 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 4.3 (flat)23% February Month's Supply of Inventory -21% 6% 14% 20% 36% of Properties 97.2% -.1% -.7% Number 97.9% Sold February Sale Price vs List Price Ratio -.7% -1.1% -.5% -.3%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 180 / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 160 Number of Properties Sold 3 Mo Avg 140 180 120 160 100 140 80 120 60 100 40 80 20 60 0 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 20 13 14 15 16 0 106 129 163 155 142 142 110 112 93 100 50 66 102 130 132 163 135 126 101 103 82 101 71 79 129 127 142 156 130 126 125 100 75 124 58 69 106 129 163 155 142 142 110 112 93 100 50 66 102 130 132 163 135 126 101 103 82 101 71 79 129 127 142 156 130 126 125 100 75 124 58 69 Property Sales February Property sales were 69, down 12.7% from 79 in February of 2015 and 19.0% higher than the Property Sales 58 sales last month. February 2016 sales werefrom at a February Property sales were 69, down 12.7% mid level compared to February of 2015 and 2014. 79 in February of 2015 and 19.0% higher than the February YTD sales February of 127 are 2016 running 15.3% 58 sales last month. sales were at a behind last year's year-to-date sales of 150. mid level compared to February of 2015 and 2014. February YTD sales of 127 are running 15.3% behind last year's year-to-date sales of 150. Prices The Median Sales Price in February was $317,000, down 8.1% from $345,000 in February of 2015 and Prices up 21.0% from $262,000 last month. The Average The Median Sales Price in February was $317,000, Sales Price in February was $506,732, up 0.1% from down 8.1% from $345,000 in February of 2015 and $506,413 in February of 2015 and up 12.4% from up 21.0% from $262,000 last month. The Average $451,029 last month. February 2016 ASP was at the Sales Price in February was $506,732, up 0.1% from highest level compared to February of 2015 and $506,413 in February of 2015 and up 12.4% from 2014. $451,029 last month. February 2016 ASP was at the highest level compared to February of 2015 and 2014. Inventory & MSI M A M J JMedian A S O N Sales D J F Price M A M and J J A S O N D Sales J F M Price A M J J A S O N D J F Average 14 15 16 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) (000's) 13 600 550 Median Sales Price and Average Sales Price 500 600 Median means Middle (the same # of properties sold above and below the Median) (000's) 3 Mo Avg 450 550 400 500 350 450 300 400 250 350 300 250 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 232 251 232 251 308 308 308 308 317 317 305 305 348 348 344 344 308 308 264 264 264 264 283 283 308 308 342 342 369 369 366 366 369 369 347 347 396 396 376 376 339 339 275 275 261 261 266 266 301 301 374 374 408 408 411 411 428 428 396 396 392 392 401 401 350 350 277 277 281 281 265 265 450 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 265, down 5.7% from 281 last month and 400 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace down 0.4% from 266 in February of last year. February 350 450 The Total Inventory available for sale as of 2016 Inventory wasof atProperties its lowest level compared with 300 February 265,and down 5.7% from 281 last month and Februarywas of 2015 2014. 400 250 down 0.4% from 266 in February of last year. February 350 200 2016 Inventory was at its lowest level compared with 300 150 February of 2015 and 2014. A comparatively lower MSI is more beneficial for sellers 250 while a higher MSI is better for buyers. The February 100 200 2016 MSI of 3.8 months was at a mid level compared 50 150 Awith comparatively more beneficial for sellers February oflower 2015MSI and is 2014. 0 while a higher MSI is better for buyers. The February 100 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 3.8 months was at a mid level compared 14 15 16 50 13 with February of 2015 and| Price 2014.Range: All | Property Types: SFH - Condo Copyright © Coldwell Banker 0 Data is provided courtesy of Metropolitan Regional Information Services Incorporated, The Coastal Association M A Mof Realtors J J AMLS S and O Sussex N D County J F of MRealtors A M MLS J JandAmay S not Oreflect N Dall relevant J F MrealAestate M Jactivity. J AColdwell S O Banker 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: All | Property Types: SFH - Condo Data is provided Metropolitan Incorporated, 46 | ccourtesy o l dofw e l l bRegional a n kInformation e r h oServices mes . 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. 6 5 6 4 5 3 4 2 3 1 2 0 1 0

MA ARCHIVED February 2016 | Page 46