MA ARCHIVED February 2016

MARKET ACTION REPORT MARKET ACTION REPORT County: Fauquier County: Fauquier Fauquier 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 & Tre nds Overview Month LM L3M PYM Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $469,995 3% Median List Price of all Current Listings -1% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $1,126,055 Average List Price of& allTrends Current Listings 3% L3M PYM 2% $469,995 Median List Price of all Current Listings 3% -1% $364,500 $384,900 February Median Sales Price -12% -1% 14% 0% 10% 6% $1,126,055 Average List Price of all Current 2% $417,600 3% $411,080 February Average Sales Price Listings 3% -6% 9% -4% -4% -6% $364,500 $384,900 February Median Currently Sales Price 0% 10% 6% 366 -12% Total Properties for Sale (Inventory) -6% -1% 14% -7% $417,600 $411,080 February Average Sales Price 3% -6% 9% -4% -4% -6% 48 -13% 103 February Number of Properties Sold -9% -3% 366 Total Properties Currently Sale (Inventory) -7% 21% 98 -6% 96 February Average Days onfor Market (Solds) 3% 5% -13% -4% 19% 48 -13% 103 February Number of Properties Sold on New Listings) -9% -3% $170 $164 Asking Price per Square Foot (based 10% 4% 13% 3% 6% -1% 98 -4% 96 February Days Market (Solds) 3% 5% -13% -4% 19% $150 $153 FebruaryAverage Sold Price peron Square Foot -4% 10% 21% 0% 6% 2% $170 $164 7.6 10% 7.3 Asking Price per Square Foot (based on New Listings) 4% 13% 3% 6% -1% February Month's Supply of Inventory 8% 12% 3% 8% -2% 4% $150 -.8% $153 2.1% 97.7% 97.6% February Square -4% 1.6% -4% 1.2% 10% 1.2% 0% 6% 2% FebruarySold SalePrice Priceper vs List PriceFoot Ratio 1.1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |7.6 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 7.3 (flat)-2% February Month's Supply of Inventory 8% 12% 3% 8% 4% of Properties 97.7% -.8% 1.6% Number 97.6% Sold February Sale Price vs List Price Ratio 1.2% 1.2% 2.1% 1.1%3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 120 / 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 $364,500, up 13.9% from $320,000 in February of 2015 and Prices down 12.2% from $415,000 last month. The The Median Sales Price in February was $364,500, Average Sales Price in February was $417,600, up up 13.9% from $320,000 in February of 2015 and 9.2% from $382,414 in February of 2015 and up down 12.2% from $415,000 last month. The 3.0% from $405,390 last month. February 2016 Average Sales Price in February was $417,600, up ASP was at the highest level compared to February 9.2% from $382,414 in February of 2015 and up of 2015 and 2014. 3.0% from $405,390 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 65 79 84 91 93 99 82 59 86 78 47 56 71 73 90 98 104 93 65 68 70 62 53 53 55 64 94 93 106 80 82 71 56 74 55 48 100 120 80 100 60 80 40 60 20 40 0 20 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 65 79 84 91 93 99 82 59 86 78 47 56 71 73 90 98 104 93 65 68 70 62 53 53 55 64 94 93 106 80 82 71 56 74 55 48 Property Sales February Property sales were 48, down 9.4% from 53 in February of 2015 and 12.7% lower than the 55 Property Sales sales lastProperty month. February sales were their February sales were2016 48, down 9.4%atfrom lowest level compared to February of 2015 and 53 in February of 2015 and 12.7% lower than the 55 2014.last February sales of 103sales are running 2.8% sales month. YTD February 2016 were at their behind last year's year-to-date sales of 106. lowest level compared to February of 2015 and 2014. February YTD sales of 103 are running 2.8% behind last year's year-to-date sales of 106. 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 353 353 391 391 426 426 463 463 464 464 437 437 448 448 450 450 423 423 379 379 351 351 334 334 364 364 432 432 482 482 487 487 510 510 514 514 542 542 534 534 484 484 420 420 400 400 393 393 454 454 508 508 553 553 570 570 567 567 556 556 563 563 534 534 500 500 430 430 388 388 366 366 600 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 366, down 5.7% from 388 last month and 500 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace down 6.9% from 393 in February of last year. February 600 The Total Inventory forwith sale as of 2016 Inventory wasof atProperties a mid levelavailable compared 400 February 366,and down 5.7% from 388 last month and Februarywas of 2015 2014. 500 down 6.9% from 393 in February of last year. February 300 2016 Inventory was at a mid level compared with 400 200 February of 2015 and 2014. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The February 300 100 2016 MSI of 7.6 months was at its highest level 200 Acompared comparatively lower MSI more beneficial with February ofis2015 and 2014. for sellers 0 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 100 2016 MSI of 7.6 months was at its highest level 13 14 15 16 compared February 2015Range: and 2014. Copyright ©with Coldwell Banker of | Price All | Property Types: SFH - Condo 0 Data is provided courtesy of Metropolitan Regional Informa tion 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: All | Property Types: SFH - Condo Data is provided Metropolitan Incorporated, 60 | 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. 10 9 8 710 69 58 47 36 25 14 03 2 1 0

MA ARCHIVED February 2016 | Page 60