MA ARCHIVED February 2016

Prince William MARKET ACTION REPORT MARKET ACTION County: Prince WilliamREPORT 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*: $484,900 2% Median List Price of all Current Listings 4% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $535,893 Average List Price of& allTrends Current Listings 4% L3M PYM 12% $484,900 Median List Price of all Current Listings 2% 4% $387,500 $399,000 February Median Sales Price -5% -2% -3% -2% 4% 1% $535,893 Average List Price of all Current $403,501 4% $400,472 February Average Sales Price Listings 2% -0% 12% -1% -0% 0% -1% $387,500 $399,000 February Median Currently Sales Price -3% -2% 4% 1% 803 -5% Total Properties for Sale (Inventory) -7% -2% -28% $403,501 $400,472 February Average Sales Price 2% -0% -1% -0% 0% -1% 243 15% 455 February Number of Properties Sold 11% 4% 803 Total Properties Currently Sale (Inventory) -7% 70 -14% 76 February Average Days onfor Market (Solds) 6% -28% -1% 32% 10% 43% 243 15% 455 February Number of Properties Sold on New Listings) 4% $154 $153 Asking Price per Square Foot (based 2% 1% 11% 4% 3% 2% 2% 70 -14% 76 February Days Market (Solds) 6% -1% 10% 43% $143 $143 FebruaryAverage Sold Price peron Square Foot -0% -1% -3% 32% -3% -3% -3% $154 $153 3.3 -19% 3.7 Asking Price per Square Foot (based on New Listings) 2% 1% -35% 4% -18% 3% 2% 2% February Month's Supply of Inventory -2% -27% -8% $143 -.2% $143 98.0% 98.1% February Square -0% -.3% -1% -.1% -3% -.5% -3% -3% -3% FebruarySold SalePrice Priceper vs List PriceFoot Ratio -.1% -.4% * 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) 600 / 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 $387,500, down 3.1% from $400,000 in February of 2015 and Prices down 4.9% from $407,450 last month. The Average The Median Sales Price in February was $387,500, Sales Price in February was $403,501, down 1.0% down 3.1% from $400,000 in February of 2015 and from $407,748 in February of 2015 and up 1.6% down 4.9% from $407,450 last month. The Average from $397,000 last month. February 2016 ASP was Sales Price in February was $403,501, down 1.0% at a mid range compared to February of 2015 and from $407,748 in February of 2015 and up 1.6% 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 299 336 448 488 430 406 330 346 262 279 192 213 246 341 397 460 416 409 326 316 232 337 218 219 353 377 417 490 484 409 372 310 225 350 212 243 500 600 400 500 300 400 200 300 100 200 0 100 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 13 14 15 16 299 336 448 488 430 406 330 346 262 279 192 213 246 341 397 460 416 409 326 316 232 337 218 219 353 377 417 490 484 409 372 310 225 350 212 243 Property Sales February Property sales were 243, up 11.0% from 219 in February Property Salesof 2015 and 14.6% higher than the 212 salesProperty last month. February 2016 February sales were 243, up sales 11.0%were fromat their highest level compared to February of 2015 219 in February of 2015 and 14.6% higher than the andsales 2014. February sales 2016 of 455sales are running 212 last month. YTD February were at 4.1% ahead of last year's year-to-date sales of 437. their highest level compared to February of 2015 and 2014. February YTD sales of 455 are running 4.1% ahead of last year's year-to-date sales of 437. 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) 13 450 440 Median Sales Price and Average Sales Price 430 (000's) 3 Mo Avg Median means Middle (the same # of properties sold above and below the Median) 450 420 440 410 430 400 420 390 410 380 400 370 390 360 380 350 370 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 16 360 13 350 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 828 828 883 883 917 917 928 928 1,007 1,007 1,073 1,073 1,087 1,087 1,054 1,054 952 952 858 858 836 836 893 893 1,026 1,026 1,196 1,196 1,325 1,325 1,408 1,408 1,454 1,454 1,483 1,483 1,454 1,454 1,398 1,398 1,258 1,258 1,100 1,100 1,096 1,096 1,120 1,120 1,223 1,223 1,457 1,457 1,622 1,622 1,608 1,608 1,618 1,618 1,488 1,488 1,474 1,474 1,411 1,411 1,180 1,180 953 953 867 867 803 803 1,800 The Total Inventory of Properties available for sale as of Total Inventory & Month's Supply of Inventory (MSI) February was 803, down 7.4% from 867 last month and 1,600 Inventory & MSI MSI is the # of month's needed to sell all of the Inventory at the monthly Sales Pace down 28.3% from 1,120 in February of last year. 1,400 1,800 The Total Inventory of Properties available for sale as of February 2016 Inventory was at its lowest level 1,200 February was 803, down 7.4% from 867 last month and compared with February of 2015 and 2014. 1,600 1,000 down 28.3% from 1,120 in February of last year. 1,400 800 February 2016 Inventory was at its lowest level 1,200 600 compared with February of 2015 andbeneficial 2014. A comparatively lower MSI is more for sellers 1,000 while a higher MSI is better for buyers. The February 400 800 2016 MSI of 3.3 months was at its lowest level compared 200 600 Awith comparatively more beneficial for sellers February oflower 2015MSI and is 2014. 0 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 3.3 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 70 | ccourtesy o l dofw e l l bRegional a n kInformation e r h oServices m e sIncorporated, . 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 70