Market Action Report May 2018
WESTON
City : Weston
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for May was 8 , down 96.1 % from 206 days last month and down 92.6 % from 108 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 .
250
200
150
100
Agent Name
Title Phone Website Other Days On Market for Sold Properties
149
108
3 Mo Avg
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The May 2018 Selling Price per Square Foot of $ 218 was up from $ 0 last month and down 3.8 % from 227 in May of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The May 2018 Selling Price vs Original List Price of 90.6 % was equal to 90.6 % last month and down from 93.4 % in May of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in May 2018 was 9 , down 35.7 % from 14 last month and down 43.8 % from 16 in May of last year .
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
50 |
8 |
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 |
15 |
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16 |
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17 |
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18 |
|
Selling Price per Square Foot |
3 Mo Avg |
350 330 310 290 270 250 230 210 190 170 150
100 % 90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
90 80 70 60 50 40 30 20 10 0
Selling Price versus Listing Price Ratio
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 |
15 |
|
|
16 |
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17 |
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18 |
|
Inventory / New Listings / Sales |
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 .
TORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estat
219
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 |
15 |
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16 |
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17 |
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18 |
|
65
59 55
50
54 61 58
Avg Selling Price divided by Avg Listing Price for sold properties during the month 93.4 %
87.4 %
61 62 63 66 71 73 77 75 75
68 68 67 73 74 77 79
227
73
73
67 67 67 71 68 65 68
3 Mo Avg
66
68
218
90.6 %
78 77
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 |
15 |
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16 |
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17 |
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18 |
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