FL ARCHIVED July 2017 | Page 92

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

City : Hollywood

Price Range : All | 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
$ 349,900
1 %
19 %
Average List Price of all Current Listings
$ 600,384
3 %
21 %
July Median Sales Price
$ 255,000
-2%
4 %
14 %
13 %
$ 249,900
14 %
11 %
July Average Sales Price
$ 295,337
-9%
1 %
-2%
7 %
$ 299,043
7 %
9 %
Total Properties Currently for Sale ( Inventory )
1,233
-4%
-11%
July Number of Properties Sold
164 -23%
-23%
1,228
-13%
July Average Days on Market ( Solds )
85
10 %
12 %
-6%
0 %
78
-7%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 256
-7%
-3%
12 %
8 %
$ 255
10 %
7 %
July Sold Price per Square Foot
$ 205
2 %
1 %
7 %
12 %
$ 203
10 %
10 %
July Month ' s Supply of Inventory
7.5
24 %
14 %
16 %
4 %
7.8
6 %
8 %
July Sale Price vs List Price Ratio
95.0 %
1.5 %
. 8 %
. 6 %
. 5 %
94.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
July Property sales were 164 , down 23.4 % from 214 in July of
2016 and 22.6 % lower than the 212 sales last month . July 2017
Property sales were Sales at their lowest level compared to July of 2016 and
250
200
July
2015 Property . July YTD sales sales were of 164 1,228 , down are 23.4 running % from 12.6 214 % in behind July of last
2016 year and ' s year-to-date 22.6 % lower sales than of the 1,405 212 . sales last month . July 2017 sales were at their lowest level compared to July of 2016 and
200
150
2015 . July YTD sales of 1,228 are running 12.6 % behind last
year ' s year-to-date sales of 1,405 .
150
100
Agent Name

Hollywood Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
Prices The Median Sales Price in July was $ 255,000 , up 13.7 % from
Prices $ 224,250 in July of 2016 and down 1.9 % from $ 260,000 last The month Median . The Sales Average Price Sales in July Price was $ in 255,000 July was , up $ 295,337 13.7 % from , down $ 1.8 224,250 % from in $ July 300,633 of 2016 in and July down of 2016 1.9 % and from down $ 260,000 9.4 % from last month $ 326,069 . The last Average month Sales . July Price 2017 in July ASP was $ at 295,337 a mid , range down 1.8 compared % from $ 300,633 to July of in 2016 July and of 2016 2015 and . down 9.4 % from $ 326,069 last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .
196 171 199 174 196 138
50 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
0 14 15
16
17
A S O N D J F M A MMedian J J A SSales O N DPrice J F Mand A MAverage J J A S Sales O N D Price J F M A M J J 14
15 16
17
350 Median Sales Price and Average Sales Price
196 171 199 174 196 138 186 216 235 208 233 222 214 212 204 191 197 165 159 200 215 235 217 214 221 197 140 188 195 127 150 178 187 210 212 164
330
3 Mo Avg
350 310
330 290 310
270 290
250 270
230 250
210 230
190 210
170
190 170
150
150 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
14 O N D J F M
15
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
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of July Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,233 Inventory , down 4.0 of % Properties from 1,285 available last month for sale and as down of July 11.1 % 1,600
12.0 was from 1,233 1,387 , down in July 4.0 % of from last year 1,285 . last July month 2017 Inventory and down 11.1 was % at its 1,6001,400 12.0
10.0 from lowest 1,387 level in July compared of last with year . July of 2017 2016 Inventory and 2015 was . at its 1,4001,200
10.0 lowest level compared with July of 2016 and 2015 .
1,2001,000 8.0
1,000 8.0
800 6.0
800 600
6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The July 2017 MSI of 7.5 400 higher MSI is better for buyers . The July 2017 MSI of 7.5
400 months was at its highest level compared with July of 2016 and 200
2.0
2.0 months was at its highest level compared with July of 2016 and 200 2015 .
0 0.0
2015 . 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 15 16
17
186 216 235
1,415 1,434 1,498 1,494 1,430 1,460 1,422 1,438
1,354
1,415 1,434 1,498 1,494 1,430 1,460 1,422 1,438 1,354 1,273 1,269 1,288 208 233 222 214 212 204
1,244 1,231 1,258 1,260 1,268
1,394
191
1,273 1,269 1,288 1,244 1,231 1,258 1,260 1,268 197 165 159
1,464 1,474 1,493 1,492 1,418 200 215 235 217 214 221
1,394 1,464 1,474 1,493 1,492 1,418 1,387 1,352 1,300 197 140 188 195 127 150
1,387 1,352 1,300 1,263 1,274 1,269 1,351 1,391 1,366 1,345 1,314 1,285 1,233
178 187 210
1,263 1,274 1,269 1,351 1,391 1,366 1,345 1,314 1,285 1,233 212 164
J
3 Mo Avg
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
92 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .