Community Information | School District
Davie
Agent Name
Title Phone Website Other
Community Information | School District
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 238,900 |
4 % |
|
11 % |
|
|
|
|
Average List Price of all Current Listings |
$ 318,342 |
1 % |
|
3 % |
|
|
|
|
April Median Sales Price |
$ 139,750 |
-21% -15% -17% -17% |
$ 165,000 |
-1% |
-2% |
April Average Sales Price |
$ 191,133 |
-4% |
-2% |
-8% |
-5% |
$ 194,644 |
-6% |
-4% |
Total Properties Currently for Sale ( Inventory ) |
329 |
6 % |
|
-6% |
|
|
|
|
April Number of Properties Sold |
48 |
23 % |
|
20 % |
|
159 |
19 % |
|
April Average Days on Market ( Solds ) |
134 |
-14% |
-3% |
13 % |
8 % |
138 |
5 % |
11 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 103 |
-6% |
-1% |
-6% |
4 % |
$ 104 |
-2% |
5 % |
April Sold Price per Square Foot |
$ 84 |
-2% |
-4% |
-8% |
-7% |
$ 87 |
-4% |
-3% |
April Month ' s Supply of Inventory |
6.9 |
-14% -10% -21% -27% |
7.8 |
-26% |
-17% |
April Sale Price vs List Price Ratio |
88.4 % |
#### #### -. 5 % -4.1% |
92.2 % |
1 % |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 48 , up 20.0 % from 40 in April of 2015 and 23.1 % higher than the 39 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 159 are running 18.7 % ahead of last year ' s year-to-date sales of 134 .
Prices The Median Sales Price in April was $ 139,750 , down 16.8 % from $ 168,000 in April of 2015 and down 21.0 % from $ 177,000 last month . The Average Sales Price in April was $ 191,133 , down 7.6 % from $ 206,802 in April of 2015 and down 3.6 % from $ 198,288 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
70 60 50 40 30 20 10 0
70 60 50 40 30 20 10 0
Number of Properties Sold
39 50 53 27 36 36 29 33 26 19 25 41 31 47 49 56 36 40 28 33 30 29 35 40 49 53 58 43 43 38 24 32 36 36 39 48
M 13
250 230
250 210
230 190
210
170 190 170
150
150 130
130 110
110 90
90 70
70 50
50 M 13
39
M
50 53 27 36 36 29
33 26
J J A S O N D J
19 25 41 31 47 49 56
14 |
|
|
|
|
|
|
F M A M |
J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
|
15 |
15 |
|
|
|
|
|
|
F M A M |
J |
J |
A |
S |
O N D |
J |
|
|
|
|
|
|
16 |
Median Sales Price and Average Sales Price
36
40
3 Mo Avg
3 Mo Avg
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 M A |
|
J
13J
|
A |
S |
O N D |
J 14 |
F
14 M A M J
|
J |
A |
S |
O N D |
J 15 |
F M15A M J |
J |
A |
S |
O N D |
J 16 |
F M
A16
|
28 33 30 29 35
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 M A |
|
|
|
|
|
|
|
|
|
|
|
|
|
16 |
|
F M A |
40 49 53 58 43 43 38 24 32 36 36 39 48
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of April was 329 , up 6.1 % from 310 last month and down 5.7 % from 349 in April of last year . April 2016 Inventory was at its lowest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 6.9 months was at its lowest level compared with April of 2015 and 2014 .
500
500 400
400 300
300
413
200 200
100 100
Total Inventory & Month ' s Supply of Inventory ( MSI )
408
419 413
445 408
438 419
427 445
409 438
373 427
393 409
387 373
415 393
407 387
432 415 430
407 434
432 431
430 439
434 450 431
432 439
382 357 347 348
382
349 357
343 347
369 348
367 349
369 343
373 369
348 367
331 369
305 373
301 348
293 331 310
305 329 301
0 0
0.0
M J
M J
J A
J S
A O N
S O D
N J F
D
M
J
A
F M
J
A
J
M A
J S
J O
A N
S D
O J
N F
D M
J A
F M
M J
A J
M A S
J
O
J
N
A
D
S
J
O
F
N
M
D
A
J F M A
13 13
14 14
15 15
16 16
450
432
25.0 20.0
15.0
293
310
10.0 5.0
329
25.0 20.0 15.0 10.0 5.0 0.0
14 | c o l d w e l l b a n k e r h o m e s . c o m