FL ARCHIVED December 2017 | Page 88

Market Action Report December 2017

PINECREST

City : Pinecrest

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
$ 2,640,000
2 %
8 %
Average List Price of all Current Listings
$ 2,859,145
4 %
8 %
December Median Sales Price
$ 1,951,500
-44%
6 %
38 %
35 %
$ 1,535,000
6 %
6 %
December Average Sales Price
$ 1,801,696
-39% -17% 22 %
-1%
$ 1,958,910
6 %
8 %
Total Properties Currently for Sale ( Inventory )
141
-1%
10 %
December Number of Properties Sold
8
33 %
33 %
102
-9%
December Average Days on Market ( Solds )
119
78 %
-3%
95 %
4 %
135
18 %
18 %
Asking Price per Square Foot ( based on New Listings )
$ 348
-12%
-6%
1 %
-3%
$ 366
2 %
2 %
December Sold Price per Square Foot
$ 315
-19%
-6%
6 %
-4%
$ 321
-2%
-2%
December Month ' s Supply of Inventory
17.6 -26%
-7%
-17%
1 %
20.1
16 %
16 %
December Sale Price vs List Price Ratio
85.6 % -4.3% -1.6% -7.9% -5.3%
88.1 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
5 7
5 7 9 5
Inventory & MSI 1,100
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 141 , down 0.7 % from 142 last month and up
200 15 16
17 40.0
10.2 % from 128 in December of last year . December 2017 35.0
Inventory was & at MSI its highest level compared with December of 150 Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
The 2016 Total and Inventory 2015 . of Properties available for sale as of December was 141 , down 0.7 % from 142 last month and up
200 25.0 100
20.0 40.0 10.2 % from 128 in December of last year . December 2017
15.0 35.0
Inventory A comparatively was at its lower highest MSI level is more compared beneficial with for December sellers while of a 150 50
10.0 30.0
2016 higher and MSI 2015 is . better for buyers . The December 2017 MSI of 17.6 months was at a mid level compared with December of 2016
5.0 25.0 100 and 2015 . 0
0.0 20.0 15.0
A comparatively lower MSI is more beneficial for sellers while a 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 50
10.0 higher MSI is better for buyers . The December 2017 MSI of 17.6 15
16 17 months was at a mid level compared with December of 2016 5.0 and 2015 . 0
0.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17 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
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 .
99 111
9
Agent Name
Title Phone Website Other
5
106 107
10
114 11 17
112 109
10 5
114 120
10 11 17 10 5
11 11
8 8
118 114
10 10 108
Number of Properties Sold
Property Sales
18
December Property sales were 8 , up 33.3 % from 6 in December of 2016 and 33.3 % higher than the 6 sales last month .
16
December 2017 sales were at a mid level compared to December
14
Property of 2016 and Sales 2015 . December YTD sales of 102 are running 8.9 %
18
December Property sales were 8 , up 33.3 % from 6 in December
12 behind last year ' s year-to-date sales of 112 . of 2016 and 33.3 % higher than the 6 sales last month .
16
10
Number of Properties Sold
3 Mo Avg
December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 102 are running 8.9 % behind last year ' s year-to-date sales of 112 .
14
8
12
6
10
4
8
2
6
0
4
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
15
16
17
Prices
The Median Sales Price in December was $ 1,951,500 , up 38.2 % from $ 1,412,500 in December of 2016 and down 43.7 % from
0
J
F M A M J
15
J
Median Sales Price and Average Sales Price
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
16
17
J
A
3 Mo Avg
S O N D
$ 3,468,750 last month . The Average Sales Price in December
Prices was $ 1,801,696 , up 22.4 % from $ 1,471,667 in December of 2016
The and Median down 38.8 Sales % Price from $ in 2,942,083 December last was month $ 1,951,500 . December , up 38.2 2017 % from
ASP $ was 1,412,500 at the highest in December level compared of 2016 and to December down 43.7 of % 2016 from and
3,100
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
$
2015 3,468,750 . last month . The Average Sales Price in December was $ 1,801,696 , up 22.4 % from $ 1,471,667 in December of 2016
3,100
2,100
and down 38.8 % from $ 2,942,083 last month . December 2017
ASP was at the highest level compared to December of 2016 and
2,600
1,600
2015 .
2,100
1,100
1,600
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
88 | coldwellbankerluxury . com
99 111 106 107 114 112 109 114 120 118 114 108
8
129
129 150
5
150 8
149 149
149 149
8 5 8 12 11
157 161
157
161 15 12
150 136
150
136 12 9
150 145
5
150 145 139
139 9 6
128 133
128
133 6 4
141 156
141 156
7
172 171
12 11 15 12 12 9 5 9 6 6 4 7
11
172 171
14 8
171 179
167
171 179
11 14 8
12
167 12
8
159 156
159 156
8
3 Mo Avg
8 8
10 10
142 141
142
141 6 8
6 8