FL ARCHIVED April 2017 | Page 90

Market Action Report
April 2017
MIAMI
City: Miami
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,550,000
-3%
Other -2%
Community Information | School District
City: Miami
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
$2,316,157
$1,553,900
Month
$1,690,311
$1,550,000
Total Properties
for Sale
(Inventory)
890
Average
List Price Currently
of all Current
Listings
$2,316,157
April Median
Number Sales
of Properties
Sold
35
April
Price
$1,553,900
April Average
Average Sales
Days Price
on Market (Solds)
124
April
$1,690,311
Asking
Price per Currently
Square Foot
(based
on New Listings)
$644
Total
Properties
for Sale
(Inventory)
890
April Number
Sold Price
per Square Sold
Foot
$518
April
of Properties
35
April Average
Month's Days
Supply
Inventory
25.4
April
on of
Market
(Solds)
124
April Sale
Price
List Price
88.7%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$644
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$518
April Month's Supply of Inventory
25.4
Property
Sales
April
Sale Price
vs List Price Ratio
88.7%
50
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
April Property
sales
were / 35,
up 45.8%
from
24 / LY=Last
in April
2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year
Year of
(2016)
/ YTD = Year-to-date
Number of Properties Sold
40
last month. The Average Sales Price in April was $1,690,311,
down 4.1% from $1,763,031 in April of 2016 and down 14.1%
from $1,967,115 last month. April 2017 ASP was at the lowest
level compared to April of 2016 and 2015.
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 890, equal to 890 last month and up 16.0% from 767 in
April of last year. April 2017 Inventory was at its highest level
A comparatively lower MSI is more beneficial for sellers while a
compared with April of 2016 and 2015.
higher MSI is better for buyers. The April 2017 MSI of 25.4
months was at a mid level compared with April of 2016 and
2015.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 25.4
months was at a mid level compared with April of 2016 and
2015.
29
17
Median Sales Price and Average Sales Price
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
2,700
14
15
16
17
2,500
2,300
2,100
2,700
1,900
2,500
1,700
2,300
1,500
2,100
1,300
1,900
1,100
1,700
1,300
The Total Inventory of Properties available for sale as of April
was 890, equal to 890 last month and up 16.0% from 767 in
April of last year. April 2017 Inventory was at its highest level
compared with April of 2016 and 2015.
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
14
15
16
17
5
15
30
10
25
5
20
0
15
25
40
20
35
1,500
Inventory & MSI
3 Mo Avg
35
50
30
45
Prices
3 Mo Avg
45
10
The Median Sales Price in April was $1,553,900, down 1.3%
from $1,575,000 in April of 2016 and up 9.0% from $1,426,000
last month. The Average Sales Price in April was $1,690,311,
down 4.1% from $1,763,031 in April of 2016 and down 14.1%
Prices
from
$1,967,115
month.
April
ASP was down
at the 1.3%
lowest
The
Median
Sales last
Price
in April
was 2017
$1,553,900,
level $1,575,000
compared to
from
in April
April of
of 2016
2016 and
and 2015.
up 9.0% from $1,426,000
-1% Trending versus*:
-0%
Trending versus*:
9% L3M
7% PYM
-1% 10%
$1,452,000
-3%
3% Year
LM
LY
YTD
Prior
YTD Prior
-14%
-4% -9% $1,730,996
-10%
-7%
-2% -2% -3%
0%
16%
-1%
-0%
25%
105
18%
9% 7% 46%
-1% 10% $1,452,000
-3%
3%
-24% -17%
4% -9%
-5% $1,730,996
149 -10%
15%
14%
-14%
-2% -4%
-7%
-3%
$665
-3%
-3%
0% -3% -16%
16% -6%
1% 3% 46%
8% 1%
$503
-7%
-2%
25%
105
18%
-20% -17%
-22% -20%
34.2
1%
1%
-24%
4% -25%
-5%
149
15%
14%
4.7%
-.8% -6%
.3%
86.4%
-3%
-2%
-3% 2.7%
-3% -16%
$665
-3%
1% 3% 8% 1%
$503
-7%
-2%
Number
-20% -22% -20%
-25% of Properties
34.2 Sold
1%
1%
4.7% 2.7% -.8% .3%
86.4%
-3%
-2%
1,100
Median Sales Price and Average Sales Price
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
14
15
16
17
Total Inventory & Month's Supply of 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
1,000
50.0
14
15
16
17
800
600
1,000
400
800
200
600
0
400
200
and 25.0% higher than the 28 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of
105 are running 18.0% ahead of last year's year-to-
Property
Sales
date Property
sales of 89.
April
sales were 35, up 45.8% from 24 in April of 2016
and 25.0% higher than the 28 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 105 are running 18.0% ahead of last year's year-to-
date sales of 89.
Trending versus*:
Prior YTD Prior Year
YTD
Total Inventory & Month's Supply of 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
14
15
16
17
40.0
30.0
50.0
20.0
40.0
10.0
30.0
0.0
20.0
10.0
0
0.0
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 Association of REALTORS, My
15 Florida Regional MLS , Naples Area Board of REALTORS,
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
REALTORS Association of the Palm 17
Beaches, Space Coast Association of REAL
M J and J Up A | Property
S O Types:
N D SFH
J F - Con
M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
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.
90 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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 Association of REA
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.