CAR ARCHIVED June 2016 | Page 14

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
$ 245,000
0 %
8 %
Average List Price of all Current Listings
$ 326,850
1 %
4 %
June Median Sales Price
$ 170,000
1 %
2 %
1 %
1 %
$ 167,950
0 %
-1%
June Average Sales Price
$ 208,488
17 %
6 %
10 %
3 %
$ 195,798
-4%
-3%
Total Properties Currently for Sale ( Inventory )
307
0 %
-17%
June Number of Properties Sold
65
71 %
23 %
262
11 %
June Average Days on Market ( Solds )
71
-41% -38% -38% -43%
119
-5%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 106
-5%
-1%
12 %
7 %
$ 105
3 %
6 %
June Sold Price per Square Foot
$ 90
3 %
3 %
8 %
0 %
$ 88
-4%
-2%
June Month ' s Supply of Inventory
4.7
-42% -26% -32% -50%
7.3
-23%
-22%
June Sale Price vs List Price Ratio
94.8 %
1.7 % 2.4 % 2.2 %
2.8 %
93.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Davie

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Community Information | School District

Property Sales June Property sales were 65 , up 22.6 % from 53 in June of 2015 and 71.1 % higher than the 38 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 262 are running 11.0 % ahead of last year ' s year-to-date sales of 236 .
Prices The Median Sales Price in June was $ 170,000 , up 1.5 % from $ 167,500 in June of 2015 and up 1.5 % from $ 167,500 last month . The Average Sales Price in June was $ 208,488 , up 9.7 % from $ 190,039 in June of 2015 and up 16.5 % from $ 178,921 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
70 60 50 40 30 20 10 0
250 230 210 190 170 150 130 110 90 70 50
70 60 50 40 30 20 10 0
Number of Properties Sold
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 38 65
J 13
250 230 210 190 170 150 130 110 90 70 50
J 13
53
J
27 36 36 29 33
13
A
S
O N D
J
14
26
A S O N D J
19 25 41 31 47 49 56 36 40
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
28
33
3 Mo Avg
3 Mo Avg
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 M J
A13S
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
16 A M J
30 29 35 40
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 M
J
16
F M A M
J
49 53 58 43 43 38 24 32 36 36 39
3 Mo Avg
48 38 65
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of June was 307 , equal to 307 last month and down 16.8 % from 369 in June of last year . June 2016 Inventory was at its lowest level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 4.7 months was at its lowest level compared with June of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
500
500 25.0
400 400
20.0
300 300
15.0
200 200
10.0
100 100
5.0
0 0
0.0
J A
J S
A O
S N
O D
N J
D F 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
J S O
J
N
A
D
S O J F
N
M
D
A
J M
F
J
M A M J
13 13 14 14
15 15
16 16
419
445
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
450 432
357 347
382
348 349
357
343 347
369 348
367 349 343
369
369 373
348
367
331
369
305
373
301
348
293
331
310
305
309 301 307
293
307 310 309 307 307
25.0 20.0 15.0 10.0 5.0 0.0
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