MA ARCHIVED February 2016 | Page 79

Washington, D.C. MARKET ACTION REPORT MARKET ACTION REPORT Washington DC Washington DC 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 February 2016 February 2016 Trending versus*: LY YTD Prior YTD Prior Year Trending versus*: Trending versus*: $480,000 7% Median List Price of all Current Listings 20% LY Market Profile Overview Month LM YTD Prior YTD Prior Year $892,487 Average List Price of& allTrends Current Listings 6% L3M PYM 10% $480,000 Median List Price of all Current Listings 7% 20% $475,000 $450,000 February Median Sales Price 13% 6% 10% 6% 2% 0% $892,487 Average List Price of all Current $581,106 6% $562,964 February Average Sales Price Listings 7% -3% 10% -1% -3% -5% -6% $475,000 $450,000 February Median Currently Sales Price 6% 10% 6% 2% 0% 724 13% Total Properties for Sale (Inventory) -5% -1% $581,106 $562,964 February Average Sales Price 7% -3% -1% -3% -5% -6% 254 -1% 510 February Number of Properties Sold 3% -2% 724 Total Properties Currently Sale (Inventory) 45 -5% 46 February Average Days onfor Market (Solds) -2% 13% -1% 0% 22% -6% 24% 254 -1% 510 February Number of Properties Sold on New Listings) 3% -2% $530 $521 Asking Price per Square Foot (based 4% 5% 5% 5% 5% 3% 45 10% 46 February Days Market (Solds) -2% 13% 0% -6% 24% $496 $473 FebruaryAverage Sold Price peron Square Foot 2% 2% 22% -0% -2% -5% $530 $521 2.9 -4% 2.9 Asking Price per Square Foot (based on New Listings) 4% 13% 5% 5% 21% 5% 5% 3% February Month's Supply of Inventory -4% 4% 23% $496 2.2% $473 100.5% 98.2% February Square 10% 2.4% 2% 2% 1.8% -0% -2% -5% FebruarySold SalePrice Priceper vs List PriceFoot Ratio .9% .3% -.5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date |2.9 Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged 2.9 (flat)4% February Month's Supply of Inventory -4% 13% -4% 21% 23% of Properties 100.5% 2.2% 2.4% Number 98.2% Sold.3% February Sale Price vs List Price Ratio .9% 1.8% -.5%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 $475,000, up 10.5% from $430,000 in February of 2015 and Prices up 13.1% from $420,000 last month. The Average The Median Sales Price in February was $475,000, Sales Price in February was $581,106, down 0.7% up 10.5% from $430,000 in February of 2015 and from $585,069 in February of 2015 and up 6.6% up 13.1% from $420,000 last month. The Average from $544,964 last month. February 2016 ASP was Sales Price in February was $581,106, down 0.7% at a mid range compared to February of 2015 and from $585,069 in February of 2015 and up 6.6% 2014. from M M