FL ARCHIVED July 2017 | Page 132

Market Action Report
City: Wellington
Wellington
Agent Name
Title
Phone
Agent
Name
Website
Title Other
July 2017
Community Information | School District
Trending versus*:
L3M PYM
LY
3 Mo Avg
Prices
14
The Median Sales Price in July was $385,000, down 2.2% from
1,000
Prices
$393,500 in July of 2016 and down 1.3% from $390,250 last
The
Median
Sales
Price Sales
in July Price
was $385,000,
2.2% from
month.
The
Average
in July was down
$403,869,
down
1,000 900
$393,500
in July
of 2016 in and
down
1.3% and
from down
$390,250
22.9% from
$523,685
July
of 2016
25.8% last
from
month.
The last
Average
Sales
Price
in July
down
900 800
$544,575
month.
July
2017
ASP was
was $403,869,
at a mid range
22.9%
from $523,685
July and
of 2016
compared
to July of in
2016
2015. and down 25.8% from
800 700
15
16
116
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
14
15
16
17
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
Median Sales Price and Average Sales Price M J J 3 Mo Avg
0
$544,575 last month. July 2017 ASP was at a mid range
compared to July of 2016 and 2015.
0
20
20
40
40
60
60
80 80
100 120
2015. July YTD sales of 741 are running 1.2% behind last year's
year-to-date sales of 750.
Number of Properties Sold
180
July Property sales were 103, down 11.2% from 116 in July of
160
2016 and 15.6% lower than the 122 sales last month. July 2017
Property
sales were Sales
at their lowest level compared to July of 2016 and 180 140
July
Property
sales sales
were of
103,
11.2% from
116 behind
in July last
of year's
2015.
July YTD
741 down
are running
1.2%
160 120
2016
and 15.6% sales
lower
year-to-date
of than
750. the 122 sales last month. July 2017
sales were at their lowest level compared to July of 2016 and
140 100
3 Mo Avg
July 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
-4%
10%
-2%
-1%
-0%
$175 -14% -11% -3% -14%
$199
-4%
-2%
7.0 17% 12% 13% -5%
7.3
-5%
-1%
Number of 93.1%
Properties
94.8% 1.3% 1.8% -.4% 1.3%
-1% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Month's Supply of Inventory
-1% 2%
-5% -9%
21%
-4%
-4%
-5%
10%
-1%
July Sale Price vs List Price Ratio
July Sold Price per Square Foot
July Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
July Sold Price per Square Foot
July Average Days on Market (Solds)
July Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
1%
741
-16%
93
2%
$268
741
-1%
-14%
$199
93
-5%
-5%
7.3
$268
21%
1.3%
93.1%
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$375,000
$543,312
-34%
July Average Sales Price
July
Sales
Price
July Median
Number
of Properties
Sold
116
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD 1%
Prior Year 2%
5% YTD
$375,000
-32%
$543,312
-16%
-9%
Market
Profile
& Trends
July Median
Sales
Price Overview
Median
List Price
of all
Current Listings
July Average
Sales
Price
$525,000
0%
14%
Other
$1,559,891 Trending
3% versus*:
25%
Month
LM -1%
L3M -1%
PYM -2%
LY
$385,000
$525,000
0% -26% -24%
14% -23%
$403,869
$1,559,891 719
3% -1% 25% 0%
$385,000 103
-1% -16%
-1% -2% -11%
5%
$403,869 -26%
-24%
-23%
-32%
64 -23% -33% -44%
719 -1%
0%
$248 21% 6% 41%
103 -16%
-11%
$175 -14% -11% -3%
64 -23% -33% -44% -34%
7.0 17% 12% 13%
$248 21% 6% 41% 2%
94.8% 1.3% 1.8% -.4%
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
LM
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Price Range: All | Properties: SFH - Con
Market Action Report
City: Wellington
July 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
700 600
600 500
500 400
400 300
Inventory & MSI
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
15 A M J J A S O N D J F M 16
A S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
14
15
16
17
800
compared with July of 2016 and 2015.
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower
MSI
is
more
be neficial
for
sellers
while
a
MSI is better for buyers. The July 2017 MSI of 7.0
200
higher
MSI
is better
for buyers.
July 2017
MSI July
of 7.0
months
was
at its highest
level The
compared
with
of 2016 and 200
months
was
at
its
highest
level
compared
with
July
of
2016
and
0
2015.
0
2015.
12.0
12.0 10.0
10.0
8.0
6.0
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
.
14.0
8.0
6.0
4.0
2.0
0.0
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 M J J
14
15
16
17
14
132 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
was Total
719, Inventory
down 0.8%
from 725 last
month for
and
from 718 1,000
The
of Properties
available
sale up as 0.1%
of July
in July
of last 0.8%
year. from
July 725
2017
was
a mid
level
was
719, down
last Inventory
month and
up at
0.1%
from
718 1,000
800
in compared
July of last with
year.
July
July
of 2017
2016 Inventory
and 2015. was at a mid level
300
17
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
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
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.