FL ARCHIVED December 2017 | Page 74

Market Action Report December 2017 Agent Name

MIAMI-DADE County : Miami-Dade COUNTY

Title
Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,950,000
0 %
-2%
Average List Price of all Current Listings
$ 3,324,676
1 %
-3%
December Median Sales Price
$ 1,552,000
-8%
-3%
-1%
-3%
$ 1,599,500
0 %
0 %
December Average Sales Price
$ 2,857,222
22 %
17 %
45 %
23 %
$ 2,365,007
1 %
2 %
Total Properties Currently for Sale ( Inventory )
4,278
-1%
7 %
December Number of Properties Sold
127
31 %
25 %
1,564
-3%
December Average Days on Market ( Solds )
201
25 %
10 %
37 %
44 %
173
25 %
24 %
Asking Price per Square Foot ( based on New Listings )
$ 854
-1%
2 %
-2%
3 %
$ 815
-2%
-2%
December Sold Price per Square Foot
$ 851
36 %
20 %
41 %
27 %
$ 670
-1%
0 %
December Month ' s Supply of Inventory
33.7 -25% -11% -14%
11 %
34.4
13 %
13 %
December Sale Price vs List Price Ratio
85.4 %
-. 9 %
-. 3 % -2.8% -2.9%
86.1 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 127 , up 24.5 % from 102 in December of 2016 and 30.9 % higher than the 97 sales last month . December 2017 sales were at a mid level compared to Property December of Sales 2016 and 2015 . December YTD sales of 1,564 are December running 3.0 Property % behind sales last were year 127 ' s year-to-date , up 24.5 % from sales 102 of 1,613 in . December of 2016 and 30.9 % higher than the 97 sales last month . December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 1,564 are running 3.0 % behind last year ' s year-to-date sales of 1,613 .
Prices The Median Sales Price in December was $ 1,552,000 , down 1.2 % from $ 1,571,250 in December of 2016 and down 8.2 % from $ 1,690,000 last month . The Average Sales Price in
Prices
December was $ 2,857,222 , up 44.9 % from $ 1,972,516 in December of 2016 and up 22.4 % from $ 2,334,732 last month . The Median Sales Price in December was $ 1,552,000 , down December 2017 ASP was at a mid range compared to December 1.2 % from $ 1,571,250 in December of 2016 and down 8.2 % of 2016 and 2015 . from $ 1,690,000 last month . The Average Sales Price in December was $ 2,857,222 , up 44.9 % from $ 1,972,516 in December of 2016 and up 22.4 % from $ 2,334,732 last month . December 2017 ASP was at a mid range compared to December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 33.7 months was at a mid level compared with December of 2016 and 2015 .
250
200
250 150
200 100
150 50
Phone Website Other
Number of Properties Sold
100
0
50
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A M J
17
J
A S O N D
0
Median Sales Price and Average Sales Price
3 Mo Avg
3,000
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
2,800
15
16
17
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
3,000
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
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
1,800
15
16
17
143 158 185 200 181 196 194
143 158 185 200 181 196 194 133 146 140 115 144 128 146 150 146 149 176 130 133 131 101 121 102 98 118 160 164 156 175 148 109 90 122 97 127
2,775 2,866 2,884 2,902 2,862 2,861 2,881
133
Number of Properties Sold
1,600
Inventory & MSI
The Total Inventory of Properties available for sale as of
December was 4,278 , down 1.3 % from 4,336 last month and up
6.9 % from 4,001 in December of last year . December 2017
Inventory was at its highest level compared with December of
Inventory
2016 and 2015 & . MSI
The Total Inventory of Properties available for sale as of
December was 4,278 , down 1.3 % from 4,336 last month and up
6.9
A % comparatively from 4,001 in lower December MSI is of more last beneficial year . December for sellers 2017 while a
Inventory higher MSI was is at better its highest for buyers level . The compared December with 2017 December MSI of of 33.7 2016 months and was 2015 at . a mid level compared with December of 2016 and 2015 .
1,400
5,000
4,000
3,000
5,000
2,000
4,000
1,000
3,000
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
A S O
50.0 N D
40.0
30.0
50
20.0
40
10.0
30
0.0
2,000
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
20
15
16
17
1,000
10
2,945 3,042 3,180 3,313 3,391 3,697 3,940 4,041 4,112 4,088 4,071 4,009 3,963 3,981 3,964 4,091 4,001 4,167 4,229 4,349 4,329 4,313 4,270 4,287 4,291 4,193 4,322 4,336 4,278
0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con 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
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 REALT 15
16
17 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 .
74 | coldwellbankerluxury . com
146 140 115 144 128 146 150 146
2,775 2,866 2,884 2,902 2,862 2,861 2,881 2,945 3,042 3,180 3,313 3,391 3,697 3,940 4,041 4,112 4,088 4,071 4,009 3,963 3,981 3,964 4,091 4,001 4,167 4,229 4,349 4,329 4,313 4,270 4,287 4,291 4,193
149 176 130 133 131 101 121 102 98 118 160 164 156 175 148 109 90 122
4,322 4,336 4,278
3 Mo Avg
3 Mo Avg
97 127