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: 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*:
$659,900 2%
Median List Price of all Current Listings
6%
LY
Market
Profile
Overview
Month LM
YTD Prior YTD Prior Year
$768,462
Average List
Price of&
allTrends
Current Listings
2% L3M PYM
5%
$659,900
Median
List
Price
of
all
Current
Listings
2%
6%
$486,700
$505,000
February Median Sales Price
-10%
-9%
-9% -11%
-6%
-8%
$768,462
Average
List
Price of
all Current
2% -10% -9%
5% -12%
$489,821 -11%
$520,215
February
Average
Sales
Price Listings
-4%
-7%
$486,700
$505,000
February
Median Currently
Sales Price
-9% -11%
-6%
-8%
1,065 -10%
Total Properties
for Sale (Inventory)
1% -9% -15%
$489,821
$520,215
February
Average
Sales
Price
-11%
-10%
-9%
-12%
-4%
-7%
202 -3%
411
February Number of Properties Sold
12%
18%
1,065
Total
Properties
Currently
Sale (Inventory)
1%
69 -1%
69
February
Av erage
Days onfor
Market
(Solds)
6% -15% 23%
-8%
23%
202 -3%
411
February
Number
of Properties
Sold on New Listings)
18%
$181
$182
Asking Price
per Square
Foot (based
-2%
-3% 12%
2%
1%
3%
1%
69 -1%
69
February
Days
Market
(Solds)
6%
-8%
23%
$175
$172
FebruaryAverage
Sold Price
peron
Square
Foot
4%
1% -15%
-7% 23%
1%
-3%
-1%
$181
$182
5.3 -2%
5.2
Asking
Price
per Square
Foot
(based on New Listings)
-3% -24%
2%
3%
1%
February
Month's
Supply
of Inventory
4% 14%
1%
-26%
-1%
$175 -.4%
$172
97.8%
97.8%
February
Square
4% -.3%
1% -.1%
-7% -.3%
1%
-3%
-1%
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 |5.3
Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged
5.2 (flat)-26%
February
Month's Supply of Inventory
4% 14% -24%
1%
-1%
of Properties
97.8% -.4% -.3% Number
97.8% Sold.5%
February Sale Price vs List Price Ratio
-.1% -.3%
-.3%3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) 500
/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
450
Number of Properties Sold
3 Mo Avg
400
500
350
450
300
400
250
350
200
300
150
250
100
200
50
1500
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
14
15
16
50 13
0
292
322
362
476
407
369
276
256
215
303
170
161
253
300
331
412
339
306
269
259
223
284
168
181
271
317
364
467
410
339
275
262
222
320
209
202
292
322
362
476
407
369
276
256
215
303
170
161
253
300
331
412
339
306
269
259
223
284
168
181
271
317
364
467
410
339
275
262
222
320
209
202
Property Sales
February Property sales were 202, up 11.6% from
181 in February
of 2015 and 3.3% lower than the
Property
Sales
209 salesProperty
last month.
2016
sales were
February
salesFebruary
were 202,
up 11.6%
fromat
their
highest
level
compared
to
February
of
181 in February of 2015 and 3.3% lower than2015
the
andsales
2014.last
February
sales of
411sales
are running
209
month. YTD
February
2016
were at
17.8% ahead of last year's year-to-date sales of 349.
their highest level compared to February of 2015
and 2014. February YTD sales of 411 are running
17.8% ahead of last year's year-to-date sales of 349.
Prices
The Median Sales Price in February was $486,700,
down 9.5% from $537,500 in February of 2015 and
Prices
down 10.5% from $543,500 last month. The
The Median Sales Price in February was $486,700,
Average Sales Price in February was $489,821,
down 9.5% from $537,500 in February of 2015 and
down 8.7% from $536,516 in February of 2015 and
down 10.5% from $543,500 last month. The
down 10.9% from $549,591 last month. February
Average Sales Price in February was $489,821,
2016 ASP was at the lowest level compared to
down 8.7% from $536,516 in February of 2015 and
February of 2015 and 2014.
down 10.9% from $549,591 last month. February
2016 ASP was at the lowest 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
580
Median Sales Price and Average Sales Price
560
(000's)
3 Mo Avg
Median means Middle (the same # of properties sold above and below the Median)
600
540
580
520
560
500
540
480
520
460
500
440
480
420
460
400
440 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
420 13
400
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
986
986
1,053
1,053
1,179
1,179
1,185
1,185
1,216
1,216
1,186
1,186
1,191
1,191
1,148
1,148
1,003
1,003
892
892
902
902
973
973
1,098
1,098
1,292
1,292
1,510
1,510
1,635
1,635
1,699
1,699
1,656
1,656
1,625
1,625
1,592
1,592
1,399
1,399
1,231
1,231
1,179
1,179
1,256
1,256
1,427
1,427
1,666
1,666
1,716
1,716
1,703
1,703
1,682
1,682
1,623
1,623
1,602
1,602
1,522
1,522
1,333
1,333
1,129
1,129
1,059
1,059
1,065
1,065
2,000
The Total Inventory of Properties available for sale as of
Total Inventory & Month's Supply of Inventory (MSI)
February was 1,065, up 0.6% from 1,059 last month and
1,800
Inventory
& MSI
MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace
down 15.2% from
1,256 in February of last year.
1,600
2,000
The
Total Inventory
of Properties
sale as of
February
2016 Inventory
was at aavailable
mid levelfor
compared
1,400
February
was 1,065,
up and
0.6%
from 1,059 last month and
1,800
with February
of 2015
2014.
1,200
down 15.2% from 1,256 in February of last year.
1,600
1,000
February 2016 Inventory was at a mid level compared
1,400
800
with
February of 2015
A comparatively
lowerand
MSI2014.
is more beneficial for sellers
1,200
600
while a higher MSI is better for buyers. The February
1,000
400
2016 MSI of 5.3 months was at its lowest level compared
800
200
Awith
comparatively
more beneficial for sellers
February oflower
2015MSI
and is
2014.
6000
while a higher MSI is better for buyers. The February
400 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 5.3 months was at its lowest level compared
14
15
16
200 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
Realtors
maySnotOreflect
all relevant
realAestate
M A ofMRealtors
J J MLS
A SandOSussex
N DCounty
J FofM
A MMLS
J and
J A
N D
J F M
M activity.
J 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
13to 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,
64
| 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.
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