FL ARCHIVED April 2017 | Page 122

Market Action Report
City: Boca Raton
Boca Raton
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$449,900
0%
13%
Other
$954,598 Trending
1% versus*:
17%
Month
LM 3%
L3M 0%
PYM -4%
LY
$310,000
$449,900
0% 1% -1%
13% -7%
$483,876
$954,598 2,623
1% -2% 17% -20%
$310,000 390
3% -19%
0% -4% -20%
2%
$483,876 1%
-1%
-7%
6%
91 -5% -4% -8%
2,623 -2%
-20%
$235 4% 0% 5%
390 -19%
-20%
$198 1% -1% -2%
91 -5% -4% -8% -4%
6.7 22% 0% 0%
$235 4% 0% 5% 4%
91.3% -.1% -.2% -1.0%
Average List Price of all Current Listings
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
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
$198 1% -1% -2%
6.7 22% 0% 0%
91.3% -.1% -.2% -1.0%
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
700
April Property sales were 390, down 20.4% from 490 in April of
2016 and 19.1% lower than the 482 sales last month. April 2017 600
Property
sales were Sales
at their lowest level compared to April of 2016 and 700
April
Property
sales sales
were of
390,
down
from
490 behind
in April last
of
500
2015.
April YTD
1,562
are 20.4%
running
0.6%
2016
and
19.1% lower sales
than of
the 1,572.
482 sales last month. April 2017 600
year's
year-to-date
400
sales were at their lowest level compared to April of 2016 and
14
600
0%
5%
3%
-2%
-1%
3 Mo Avg
3 Mo Avg
453
15
16
Median Sales Price and Average Sales Price
550
455
Prices
$480,039 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
$236
1,562
-1%
$199
95
0%
7.2
$236
5%
91.5%
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
The Median Sales Price in April was $310,000, down 4.0% from
Prices
$323,000 in April of 2016 and up 3.4% from $299,950 last
The
Median
Sales
Price Sales
in April
was in
$310,000,
4.0% from
month.
The
Average
Price
April was down
$483,876,
down
600
$323,000
in $517,698
April of 2016
and up
3.4% and
from up
$299,950
last
6.5% from
in April
of 2016
0.8% from
month.
The last
Average
Sales April
Price 2017
in April
down
550
$480,039
month.
ASP was
was $483,876,
at a mid range
6.5%
from $517,698
2016
and up 0.8% from
compared
to April in
of April
2016 of
and
2015.
0
100
100
200
-1% 2%
0% 7%
5%
3%
0%
-15%
5%
-1%
200
300
$310,000 1,562
5%
$487,285
1%
-4%
95
4%
2%
-8%
-.8%
2%
7%
1%
300
400
500
$487,285
Number of Properties Sold
2015. April YTD sales of 1,562 are running 0.6% behind last
year's year-to-date sales of 1,572.
Trending versus*:
YTD
Prior YTD 5%
Prior Year
$310,000
2%
6%
2%
$199
3%
3%
-8%
7.2 -15%
-2%
Number
of 91.5%
Properties
-.8%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Boca Raton
April 2017
17
3 Mo Avg
500
500 450
450 400
400 350
350 300
300 250
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
250
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
2,500
2,000
2,000
12.0
lowest level compared with April of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
12.0
10.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
3,500
was Total
2,623,
down 1.6%
from 2,665
last month
and
20.3%
The
Inventory
of Properties
available
for sale
as down
of April
from
3,292
in April
last 2,665
year. last
April
2017 and
Inventory
was at its 3,500 3,000
was
2,623,
down
1.6% of
from
month
down 20.3%
from
3,292
in compared
April of last with
year. April
April
was at its
lowest
level
of 2017
2016 Inventory
and 2015.
3,000 2,500
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while 1,500
a 1,000
4.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 6.7 a 1,000
higher
MSI
is better
for buyers.
April 2017
MSI
of 6.7
months
was
at its highest
level The
compared
with
April
of 2016 and 500 500
2.0
months
0
2015. was at its highest level compared with April of 2016 and
0
0.0
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
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
122 | c
.
10.0
8.0
6.0
4.0
2.0
0.0
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.