FL ARCHIVED August 2017 | Page 98

Market Action Report
Weston
City: Weston
Agent Name
Title
Phone
Agent
Name
Website
Title Other
August 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$589,700
-0%
11%
Other
$762,510 Trending
3% versus*: 3%
Month
LM 4%
L3M 4%
PYM 1%
LY
$468,600
$589,700
-0% 12% 8%
11% 13%
$558,368
$762,510 460
3% -7%
3% -9%
$468,600 4%
4%
7%
68 -33% 1% -34%
$558,368 12%
8%
13%
14%
56 0% -10% -31%
460 -7%
-9%
$232 1% 2% 6%
68 -33%
-34%
$213 3% 4% 7%
56 0% -10% -31% -26%
6.8 37% 27% 38%
$232 1% 2% 6% 9%
95.0% -.2% .1% -.5%
August Month's Supply of Inventory
August 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
August Property sales were 68, down 34.0% from 103 in August
140
of 2016 and 32.7% lower than the 101 sales last month. August
Property
2017 sales Sales
were at their lowest level compared to August of 2016
160 120
August
Property
sales YTD
were
68, down
from 103
in August
and 2015.
August
sales
of 706 34.0%
are running
3.7%
behind last
140
of year's
2016 year-to-date
and 32.7% lower
than
the 101 sales last month. August
sales
of 733.
100
Prices
14
15
16
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
14
15
16
17
S O N D J F M A M Median
J J A S O Sales
N D J Price
F M A and
M J Average
J A S O Sales
N D J Price
F M A M J J A
The Median Sales Price in August was $468,600, up 0.8% from
600
Prices
$465,000 in August of 2016 and up 4.1% from $450,000 last
The
Median
Sales
Price Sales
in August
$468,600,
0.8% from up
month.
The
Average
Price was
in August
was up
$558,368,
600 550
$465,000
in August
of 2016
and up of 4.1%
from
12.6% from
$495,983
in August
2016
and $450,000
up 11.6% last
from
month.
The last
Average
Sales
Price in
August
up level
$500,475
month.
August
2017
ASP was
was $558,368,
at the highest
550 500
12.6%
from $495,983
of 2016
and up 11.6% from
compared
to August in of August
2016 and
2015.
$500,475 last month. August 2017 ASP was at the highest level 500 450
compared to August of 2016 and 2015.
0
0
20
20
40
40
3 Mo Avg
60
60
Number of Properties Sold
80
3 Mo Avg
80
2017 sales were at their lowest level compared to August of 2016
120
and 2015. August YTD sales of 706 are running 3.7% behind last
year's year-to-date sales of 733.
100
-12%
5%
3%
1%
0%
$213 3% 4% 7% 9%
$202
4%
3%
6.8 37% 27% 38% 21%
5.7
0%
1%
of 95.0%
Properties
95.0% -.2% .1% -.5% Number
.1%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
August Sale Price vs List Price Ratio
August Sold Price per Square Foot
August Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
August Sold Price per Square Foot
August Average Days on Market (Solds)
August Number of Properties Sold
9%
9%
21%
.1%
Asking Price per Square Foot (based on New Listings)
2%
706
-4% 2%
5%
67 -13% 4%
$222
4%
706
-4%
$202
4%
67 -13%
-12%
5.7
0%
$222
4%
5%
95.0%
0%
August Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$449,500
$508,546
-26%
August Average Sales Price
98
August
Sales
Price
August Median
Number
of Properties
Sold
Trending versus*:
Prior YTD 2%
Prior Year 2%
7% YTD
$449,500
14%
$508,546
5%
4%
78
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
Market
Trends
August Profile
Median &
Sales
Price Overview
Median
Price of
all Current
August List
Average
Sales
Price Listings
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
August 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
450 400
400 350
350 300
300
Inventory & MSI
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 14
N D J F 15
M 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 M J J A
14
15
16
17
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of August
700
was Total
460, Inventory
down 7.4%
from 497 last
month
from
The
of Properties
available
for and
sale down
as of 8.7%
August
504 460,
in August
of last
year.
2017 and
Inventory
was from
at its 700 600
was
down 7.4%
from
497 August
last month
down 8.7%
504
in August
of last year. with
August
2017
at its
lowest
level compared
August
of Inventory
2016 and was
2015.
600 500
400
400
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers
while
a 200
MSI is better
for buyers.
August
MSI
of 6.8
higher
MSI
is better
for buyers.
August 2017
of 6.8
months
was
at its highest
level The
compared
with MSI
August
of 2016 100 100
months
was at its highest level compared with August of 2016
0
and 2015.
0
and 2015.
4.0
2.0
0.0
15
16
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
.
6.0
8.0
6.0
4.0
2.0
0.0
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 M J J A
14
15
16
17
14
98 | c
8.0
500
lowest level compared with August of 2016 and 2015.
10.0
10.0
17
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o l of d Greater
e Fort
l Fort
l Lauderdale
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
Data
is is
provided
courtesy
Martin
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
estat