FL ARCHIVED May 2018 | Page 182

Market Action Report May 2018

HOLLYWOOD

City : Hollywood

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
$ 1,699,000
0 %
-2%
Average List Price of all Current Listings
$ 1,980,593
3 %
-3%
May Median Sales Price
$ 2,750,000
10 %
18 % 128 % 95 %
$ 1,963,503
55 %
39 %
May Average Sales Price
$ 2,625,000
20 %
24 % 100 % 43 %
$ 1,973,735
38 %
7 %
Total Properties Currently for Sale ( Inventory )
195
1 %
9 %
May Number of Properties Sold
4
0 %
-50%
17
-39%
May Average Days on Market ( Solds )
95 -63% -44% -33% -46%
170
-4%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 499
2 %
-11% -58% -21%
$ 558
-18%
-11%
May Sold Price per Square Foot
$ 1,445
188 % 68 % 297 % 99 %
$ 796
97 %
10 %
May Month ' s Supply of Inventory
48.8
1 %
-25% 118 % -31%
65.8
31 %
-6%
May Sale Price vs List Price Ratio
92.4 %
9.3 % 6.4 % 8.6 % 4.9 %
85.8 %
-3%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
12
May Property sales were 4 , down 50.0 % from 8 in May of 2017
and the same as the 4 sales last month . May 2018 sales were at their lowest level compared to May of 2017 and 2016 . May YTD
Property sales of 17 are Sales running 39.3 % behind last year ' s year-to-date
May sales Property of 28 . sales were 4 , down 50.0 % from 8 in May of 2017
10
12
8
and the same as the 4 sales last month . May 2018 sales were at their lowest level compared to May of 2017 and 2016 . May YTD
10
6
sales of 17 are running 39.3 % behind last year ' s year-to-date sales of 28 .
8
4
Prices The Median Sales Price in May was $ 2,750,000 , up 128.2 % from $ 1,205,000 in May of 2017 and up 10.4 % from $ 2,490,000 last month . The Average Sales Price in May was
Prices $ 2,625,000 , up 99.7 % from $ 1,314,375 in May of 2017 and up The 20.3 Median % from Sales $ 2,182,500 Price in last May month was $ . 2,750,000 May 2018 , ASP up 128.2 was at % the from highest $ 1,205,000 level compared in May to of May 2017 of and 2017 up and 10.4 2016 % from . $ 2,490,000 last month . The Average Sales Price in May was $ 2,625,000 , up 99.7 % from $ 1,314,375 in May of 2017 and up 20.3 % from $ 2,182,500 last month . May 2018 ASP was at the highest level compared to May of 2017 and 2016 .
6 2
Agent Name
Title Phone Website Other Number of Properties Sold
4
0
2
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
J
F M A M
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
4,500J
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
15
16
17
18
4,000
3,500
Median Sales Price and Average Sales Price
3 Mo Avg
4,500
3,000
4,000
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000
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
1,500
15
16
17
18
6 3 7 5 7
6 3 7 5 7
11
11 4 4
Number of Properties Sold
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 195 , up 1.0 % from 193 last month and up 8.9 % from 179 in
1,000
250
J
15
J
Total Inventory & Month ' s Supply of 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
16
17
18
250.0
May of last year . May 2018 Inventory was at its highest level
Inventory compared with & MSI May of 2017 and 2016 .
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
200.0
The Total Inventory of Properties available for sale as of May was 195 , up 1.0 % from 193 last month and up 8.9 % from 179 in
250
150
150.0
250.0
May of last year . May 2018 Inventory was at its highest level compared
A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a
200
100
100.0
200.0
higher MSI is better for buyers . The May 2018 MSI of 48.8 months was at its highest level compared with May of 2017 and
150
50
50.0
150.0
2016 .
A comparatively lower MSI is more beneficial for sellers while a
100
0
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
0.0
100.0
higher MSI is better for buyers . The May 2018 MSI of 48.8
50
15
16
17
18
50.0
months was at its highest level compared with May of 2017 and
2016 .
0
0.0
J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
J A S O N D J
F M A M J
17
J A S O N D J
F M A M
18
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 REAL
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 .
92 | coldwellbankerluxury . com
7 3 4 4 4 9 3 2 1 4
124 122 116 116 124 134 126 132 144 156 152 152 152 148 155 157 160 174 172 185 188 187 178 179 174 170 177 186 191 195 180 190 193 195 193 195
124 122 116 116 124 134 126 132 144 156 152 152 152 148 155 157 160 174 172 185 188 187 178 179 174 170 177 186 191 195 180 190 193 195 193 195
4 2 8 8 2 8 7 4 7 1 1 2 7 5 2
3 Mo Avg
3 Mo Avg
2 4 4
4 4 7 3 4 4 4 9 3 2 1 4 4 2 8 8 2 8 7 4 7 1 1 2 7 5 2 2 4 4