, VA Area October 217 longandfoster.com 51
-3% 2% 4% 4% % -3% 17% 6% -2% -2% % 1% 2% 4% 7% 6% 7% 7% 1% 14% 18% 21% 2 2% 1 1% % - Median Sale Price Percent Change Year/Year 52 $256,65 $258, $245, $286,5 $256, $249,75 $291,949 $286,975 $31, $274,95 $27, $269, $26, $268,5 $279,825 $279,9 $273,74 $274,5 $299, $32,25 $33, $325, $29, $287, $294, $44,95 $315, $337, $179,95 $211,25 $14, $197, $24,9 $263,45 $314,5 $35, $3, $25, $2, $15, $1, $5, $ Area - October 217 Median Sales Price This October, the median sale price was $314,5, an increase of 21% compared to last year. The current median sale price was 1% higher than in September. $8, $6, $4, $2, Median Sale Price $ Nelson Greene
Area - October 217 Total Units Sold 5 45 4 454 451 Total Units Sold 35 3 25 2 15 1 5 246 174 242 149 156 233 242 356 334 321 274 241 224 266 175 145 234 298 374 319 351 253 273 3 25 2 15 1 5 111 133 47 56 35 4 27 21 Nelson 17 16 Greene Total Units Sold Percent Change Year/Year This month's total units sold was higher than at this time last year, an increase of 13% versus October 216. There was an increase of 8% in total units sold in October compared to September. 3 3% 2 2% 1 1% % 3% 7% 3% 2% 2% 3% 18% 14% 29% 1% 17% % 23% 9% 13% - -1-9% -2% -7% -4% -8% 53
Area - October 217 5 45 4 35 3 25 2 15 1 5 Total Units Sold by Type Detached Attached Condo Total Units Sold by Type Detached Attached Condo 51 19% 28 1% 194 71% Total Units Sold by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up Total Units Sold by Price Range 2 18 16 < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 14 12 1 43 16% 37 13% 8 6 4 1 4 2 91 33% 62 23% 54
Area - October 217 Total Active Inventory 1,8 1,6 1,4 1,2 1, 1,647 1,489 1,39 1,273 1,331 1,59 1,57 1,599 1,581 1,531 1,485 1,47 1,392 1,286 1,145 1,129 1,21 1,43 1,56 1,585 1,534 1,45 1,424 1,324 1,132 1, 8 6 Total Active Inventory 558 458 8 6 4 4 2 186 151 189 117 36 268 12 83 Nelson Greene 2 Total Active Inventory Percent Change Year/Year October's total active inventory of 1,132 units was 1 lower than the previous month's supply of inventory. Versus last October, the total number of homes available was lower by 26 units or 19%. % - -1-2% -6% -9% -14% -12% -14% -12% -13% -11% -13% -14% -1-14% -13% -11% -7% -4% -3% - -4% -19% -2 55
Area - October 217 1,8 Total Active Inventory by Type Detached Attached Condo Total Active Inventory by Type Detached Attached Condo 1,6 1,4 1,2 1, 8 6 94 8% 16 1% 4 2 932 82% Total Active Inventory by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up Total Active Inventory by Price Range 1,8 1,6 < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 1,4 1,2 1, 281 2 121 11% 8 6 299 26% 4 2 199 18% 232 2% 56
Area - October 217 99.% Average Sale Price as a Percent of List Price Sale Price as % of List Price 98.% 97.% 96.% 95.% 94.% 93.% 92.% 96.% 97.2% 96.9% 96.9% 97.1% 94.4% 96.6% 97.2% 97.7% 98.2% 97. 98.% 97.1% 98.% 98.1% 97.6% 98.% 98.3% 98.3% 97.6% 97. 97.2% 12.% 1.% 98.% 96.% 94.% 92.% 9.% 96.2% 99.4% Days on Market Current One Year Month Ago 92 78 Up 18% Vs. Year Ago 99.7% 98.1% 94.1% 95.4% 97.% 99.8% Nelson Greene Avg Sale Price as % of List Price Current One Year Month Ago 97.2% Down -.2% Vs.Year Ago 135 125 115 15 95 85 75 65 55 115 96 16 121 122 97 91 78 7 Days on Market 87 88 88 78 79 74 68 94 99 73 55 6 62 78 73 92 12% 1% 98% 96% 94% 92% 9% 88% 86% 84% Average Sale Price as a Percent of List Price by Price Range < 15K 15K to < 3K 3K to < 45K 45K to < 6K 6K and up 45 82% 57
Area - October 217 $2, $18, $16, $14, $12, $1, $8, $6, $4, $2, $85,87 $57,41 $79,299 $44,751 $5,36 $74,931 $88,53 $12,777 Total Dollar Volume Sold In Thousands $166,969 $115,193 $19,5 $13,797 $77,911 $75,34 $9,33 $65,39 $51,839 $77,887 $18,41 $134,662 $175,44 $122,62 $123,918 $88,23 $14,394 Total volume sold this October was 34% greater than the same month one year ago. In October, there was 4.2 months of supply available, compared to 5.8 in October 216. That was a decrease of 28% versus a year ago. $ 9 8 7 8.6 8.5 8.5 Months of Supply 's Active Inventory/'s Unit Sales 8.3 Total Dollar Volume Sold Current One Year Month Ago $14,393,894 $77,911,228 Up 34% Vs. Year Ago 6 5 4 3 2 1 6.7 5.4 6.5 6.5 4.5 3.5 4.6 4.6 5.4 5.8 5.7 4.3 6.5 6. 5.1 4.2 3.4 4.6 4.1 5.2 4.2 Months of Supply Current One Year Month Ago 4.2 5.8 Down -28% Vs. Year Ago 58
Area - October 217 8 7 6 5 4 3 2 1 32 24 232 23 165 173 299 193 445 284 661 38 595 43 New Listings & New Contracts New Listings New Contracts (Under Active Contract Status) 453 385 355 325 353 31 337 443 412 674 315 281 268 264 239 252 215 166 192 166 229 38 548 374 486 348 397 326 342 325 374 265 336 286 313 311 3 25 2 15 1 5 2 15 1 New Listings 131 133 52 61 51 37 35 37 Nelson New Contracts 122 15 71 24 32 Greene 5 52 35 36 25 18 14 25 New Listings Current One Year Month Ago 313 31 Up 4% Vs. Year Ago New Contracts Current One Year Month Ago 311 252 Based on this month's amount of new listings and new contracts, the ratio of home supply (new listings) to current home demand (new contracts) was 1., a decrease of 16% from October 216. 2. 1.5 1..5 1.5 1.1 1. 1.5 1.6 1.7 Supply/Demand Ratio Number of New Listings to New Contracts 1.4 1.4 1.4 1.3 1.2 1.5 1.2 1.1 1. 1.5 1.4 1.6 Nelson 1.5 1.4 1.2 1.1 Greene 1.4 1.2 1. Up 23% Vs. Year Ago. 59