FL ARCHIVED April 2017 | Page 100

Market Action Report
Weston
City: Weston
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$596,500
2%
8%
Other
$820,054 Trending
1% versus*:
13%
Month
LM 11%
L3M 6%
PYM 9%
LY
$473,000
$596,500
2% 21% 9%
8% 7%
$544,554
$820,054 443
1% 1% 13% -12%
$473,000 11%
6% 9% -3%
8%
95 -3%
$544,554 21%
9%
7%
11%
68 -7% -7% -14%
443 1%
-12%
$222 -2% 1% 4%
95 -3%
-3%
$204 7% 3% 1%
68 -7% -7% -14% -12%
4.7 4% -16% -10%
$222 -2% 1% 4% 5%
95.5% -.1% .4% 1.1%
April Month's Supply of Inventory
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
160
April Property sales were 95, down 3.1% from 98 in April of
140
2016 and 3.1% lower than the 98 sales last month. April 2017
Property
sales were Sales
at a mid level compared to April of 2016 and 2015. 160
120
April
sales
95, running
down 3.1%
from
98 in April
of
April Property
YTD sales
of were
301 are
0.3%
behind
last year's
year-
140
2016
and
3.1%
lower
than
the
98
sales
last
month.
April
2017
to-date sales of 302.
100
Prices
15
16
14
The Median Sales Price in April was $473,000, up 8.7% from
600
Prices
$434,950 in April of 2016 and up 10.6% from $427,500 last
The
Median
Sales
Price Sales
in April
was in
$473,000,
8.7% from up 6.9%
month.
The
Average
Price
April was up $544,554,
600 550
$434,950
in April in of April
2016 of and
up and
10.6%
$427,500
last
from $509,371
2016
up from
20.9%
from $450,580
month.
The Average
Sales ASP
Price
in April
$544,554,
up 6.9% 550
last month.
April 2017
was
at the was
highest
level compared
to 500
from
April
of 2016 and up 20.9% from $450,580
April $509,371
of 2016 in
and
2015.
last month. April 2017 ASP was at the highest level compared to 500 450
April of 2016 and 2015.
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
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
0
20
20
40
40
60
3 Mo Avg
60
80
3 Mo Avg
80
100
-5%
4%
1%
12%
0%
Number of Properties Sold
120
sales were at a mid level compared to April of 2016 and 2015.
April YTD sales of 301 are running 0.3% behind last year's year-
to-date sales of 302.
-0% 1%
0% 2%
4%
3%
-5%
-1%
4%
0%
$204 7% 3% 1% 4%
$198
3%
1%
4.7 4% -16% -10% -16%
6.2
-1%
12%
of 95.1%
Properties
95.5% -.1% .4% 1.1% Number
.6%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
7%
301
8%
73
5%
$220
301
-0%
4%
$198
73
0%
-16%
6.2
$220
4%
.6%
95.1%
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$445,000
$499,857
-12%
April Average Sales Price
98
April
Sales
Price
April Median
Number
of Properties
Sold
Trending versus*:
Prior YTD 7%
Prior Year 1%
8% YTD
$445,000
11%
$499,857
8%
2%
115
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average List Price of all Current Listings
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Action Report
City: Weston
April 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
450 400
400 350
350 300
Total Inventory & Month's Supply of Inventory (MSI)
0
2015.
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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
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
14
15
16
17
14
15
16
17
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
100 | c
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 4.7 a 200
higher
MSI
is better
for buyers.
April 2017
of 4.7
months
was
at its lowest
level The
compared
with MSI
April
of 2016 and 100 100
months
0
2015. was at its lowest level compared with April of 2016 and
400
400
500
level compared with April of 2016 and 2015.
Total Inven tory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
700
was Total
443, Inventory
up 0.9% from
439 last available
month and
down
from
The
of Properties
for sale
as 12.3%
of April
505 443,
in April
of last
year.
2017 Inventory
was at from
its lowest 700 600
was
up 0.9%
from
439 April
last month
and down 12.3%
505
in compared
April of last with
year. April
April
was at its lowest
level
of 2017
2016 Inventory
and 2015.
600 500
Inventory & MSI
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
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
300
.
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.