FL ARCHIVED June 2017 | Page 176

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

City : Heathrow

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
$ 310,995
0 %
-21%
Average List Price of all Current Listings
$ 509,316
0 %
14 %
June Median Sales Price
$ 790,438
135 % 73 % 108 % 98 %
$ 451,000
12 %
13 %
June Average Sales Price
$ 790,438
112 % 53 %
93 %
83 %
$ 508,548
15 %
18 %
Total Properties Currently for Sale ( Inventory )
5
0 %
-72%
June Number of Properties Sold
2 -50%
-67%
16
-50%
June Average Days on Market ( Solds )
181
1 %
93 %
97 %
71 %
78
-26%
-26%
Asking Price per Square Foot ( based on New Listings )
$ 174
0 %
-7%
7 %
2 %
$ 184
12 %
8 %
June Sold Price per Square Foot
$ 172
9 %
0 %
8 %
7 %
$ 173
7 %
7 %
June Month ' s Supply of Inventory
2.5 100 % 30 % -17% -49%
3.5
-19%
-28%
June Sale Price vs List Price Ratio
95.7 %
11.8 % 2.3 % 1.4 % 3.6 %
94.4 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 2 , down 66.7 % from 6 in June of 2016
and 50.0 % lower than the 4 sales last month . June 2017 sales Property were at their Sales lowest level compared to June of 2016 and 2015 . 12
June Property YTD sales sales of were 16 are 2 , running down 66.7 50.0 % from % behind 6 June last of year 2016 ' s yearto-date 50.0 % sales lower of than 32 . the 4 sales last month . June 2017 sales and
10 were at their lowest level compared to June of 2016 and 2015 . June YTD sales of 16 are running 50.0 % behind last year ' s yearto-date sales of 32
8 .

Heathrow

Agent Name
Title Phone Website Other

Community Information | School District

6
12
10
8
6
4
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in June was $ 790,438 , up 108.0 % from
Prices $ 380,000 in June of 2016 and up 134.7 % from $ 336,800 last The month Median . The Sales Average Price Sales in June Price was in $ 790,438 June was , up $ 790,438 108.0 % from , up
800
$ 93.4 380,000 % from in June $ 408,621 of 2016 in and June up of 134.7 2016 % and from up $ 336,800 112.3 % from last month $ 372,400 . The last Average month Sales . June Price 2017 in June ASP was $ at 790,438 the highest , up level 700 93.4 compared % from $ to 408,621 June of in 2016 June and of 2016 2015 and . up 112.3 % from $ 372,400 last month . June 2017 ASP was at the highest level 600 compared to June of 2016 and 2015 .
500
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of June The was Total 5 , equal Inventory 5 last of Properties month and available down 72.2 for % sale from as of 18 June in June of was last 5 , year equal . June to 5 last 2017 month Inventory and down was 72.2 at its % lowest from 18 level in June compared of 30 last with year June . June of 2016 2017 and Inventory 2015 . was at its lowest level compared 25 with June of 2016 and 2015 . 20
15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI is better for buyers . The June 2017 MSI of 2.5 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 2.5 of 2016 and 5
months 2015 . was at its lowest level compared with June of 2016 and
2015 .
0
4
2
0
400 300 200
2
0 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 14
15 16
17
J A S O N D J F M AMedian M J J ASales S O NPrice D J Fand M AAverage M J J A Sales S O N Price D J F M A M J 14
15 16
17 3 Mo Avg
800
Median Sales Price and Average Sales Price
700 600 500 400 300
200
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 S 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25
30.0
25.0
20
25.0
20.0
15
20.0
15.0
15.0
10
10.0
10.0
5
5.0
5.0
0
0.0
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 S O N D J
F M A M J
14
15
16
17
14
15
16
17
0.0
15
6 20
18 15
6 22 18
4 24 20
4 22 17
1 24 20
1 17 16
22 3
20 24
2
16 26
7 24
4 26
22 25
25 2
25
26 4 25
25 3 24
26 8
22 25
4 24
19 19
4 22 21
8 19
4 19
17 17
5
6 6 4 4 1 1 3 2 7 4 2 4 3 8 4 4 8 4 5 4 5 10 21
4 17
18 18
5 17 16
10 18
2 18
11 11
6 16
13 11
2 11
7 4 11
3
13 2
11
9 9 8 7
1 6
9
6 2
3 Mo Avg
9 8
5 5
1 6
4
2 6 2 4 3 2 1 6 2 1 4 3 4 2
5 3
5 4 2
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
176 | 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 .