FL ARCHIVED April 2017 | Page 92

Market Action Report April 2017 Agent Name
Phone Community Information Website | School District Other
Market Action Report April 2017 Agent Name

Fort City : Fort Lauderdale / Fort Lauderdale Beach Title

Phone Community Information Website | School District Other

Price Range : All | Properties : SFH - Con
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
$ 483,950
3 %
15 %
Average List Price of all Current Listings
$ 1,111,274
3 %
18 %
April Median Sales Price
$ 290,000
5 %
4 %
0 %
4 %
$ 278,000
4 %
-1%
April Average Sales Price
$ 442,190
-7%
-4%
-1%
-4%
$ 461,766
1 %
0 %
Total Properties Currently for Sale ( Inventory )
2,232
-6%
-18%
April Number of Properties Sold
305 -15%
-9%
1,135
-8%
April Average Days on Market ( Solds )
95
1 %
2 %
-13% -11%
93
-9%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 339
2 %
3 %
9 %
9 %
$ 330
5 %
6 %
April Sold Price per Square Foot
$ 257
0 %
0 %
3 %
4 %
$ 256
4 %
4 %
April Month ' s Supply of Inventory
7.3
11 %
-9%
-9%
-11%
8.5
-4%
4 %
April Sale Price vs List Price Ratio
94.8 %
1.1 %
. 8 %
. 4 %
. 8 %
94.1 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
450
April Property sales were 305 , down 9.5 % from 337 in April of
2016 and 15.0 % lower than the 359 sales last month . April 2017
400
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
450
350
April
2015 Property . April YTD sales sales were of 305 1,135 , down are 9.5 running % from 7.6 337 % behind April of last
2016 year and ' s year-to-date 15.0 % lower sales than of the 1,228 359 . sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
2015 . April YTD sales of 1,135 are running 7.6 % behind last year ' s year-to-date sales of 1,228 .
400
350
300
300
250
200
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 290,000 , equal to
Prices
$ 290,000 in April of 2016 and up 4.5 % from $ 277,500 last
The month Median . The Sales Average Price Sales in April Price was in $ 290,000 April was , equal $ 442,190 to , down
600
$
1.4 290,000 % from in $ April 448,532 of 2016 in April and up of 2016 4.5 % from and down $ 277,500 7.3 % last from month
$ 477,188 . The last Average month Sales . April Price 2017 in April ASP was $ at 442,190 the lowest , down level
550
1.4 compared % from $ 448,532 to April of in April 2016 of and 2016 2015 and . down 7.3 % from
500
M
J
14
600
550
500
450
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ 477,188 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
450
400
400
350
350
300
300
250
250
200
200
M
M
J
14
J
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
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 2,232 Inventory , down 5.7 of % Properties from 2,367 available last month for sale and as down of April 17.7 %
3,000 was from 2,232 2,713 , down in April 5.7 % of from last 2,367 year . last April month 2017 and Inventory down 17.7 was % at its
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from lowest 2,713 level in April compared of last with year . April of 2017 2016 Inventory and 2015 was . at its lowest level compared with April of 2016 and 2015 .
2,500
2,000
10.0
8.0
2,000
1,500
8.0
6.0
1,500
6.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0 higher MSI is better for buyers . The April 2017 MSI of 7.3 higher months MSI was is better at a mid for level buyers compared . The April with 2017 April MSI of of 2016 7.3
500 and
500
2.0 months
2015 . was at a mid level compared with April of 2016 and
0
2015 .
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
4.0
2.0
0.0
356 354 319 272 306 273 236 343 242
356 354 319 272 306 273 236 343 242 254 373 347 361 370 394 315 354 305 257 348 239 290 362 337 345 359 297 303 331 267 278 304 240 231 359 305
2,232 2,225 2,238 2,239 2,315 2,396
2,232 2,225 2,238 2,239 2,315 2,396 2,399 2,347 2,526 2,603 2,468 2,448 2,378 2,332 2,322 2,270 2,244 2,335 2,374 2,321
2,492
254 373 347 361 370 394 315 354 305
2,399
2,347 2,526 2,603 2,468 2,448 2,378 2,332 2,322 2,270 2,244 2,335 2,374 257 348 239 290
2,729
2,321 2,713 2,713 2,653 2,580
362 337 345 359 297 303 331
2,492 2,729 2,713 2,713 2,653 2,580 2,497 2,437 2,311 2,317 2,329 267 278
2,497 2,437 2,311 2,317 2,329 2,268 2,398 2,357 2,367 2,232
304 240 231
2,268 2,398 2,357 2,367 2,232 359 305
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
92 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .