FL ARCHIVED May 2018 | Page 92
Market Action Report
May 2018
Agent Name
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 0%
$1,699,000
-2%
City: Hollywood
Community
Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
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 95, down 62.6% from
254 days last month and down 33.1% from 142 days in May of
last year. The May 2018 DOM was at its lowest level compared
with May of 2017 and 2016.
Trending versus*:
$1,980,593 3% Trending versus*:
-3%
Month 10%
LM L3M
PYM 95%
LY
YTD
Prior
YTD Prior
Year
$2,750,000
18% 128%
$1,963,503
55%
39%
$1,699,000
0% 24% 100%
-2% 43% $1,973,735
$2,625,000 20%
38%
7%
$1,980,593
-3%
195 3%
1%
9%
$2,750,000 4 10%
18%
128%
55%
39%
0%
-50% 95% $1,963,503
17 -39%
$2,625,000
20%
24%
100%
43%
$1,973,735
38%
7%
95 -63% -44% -33% -46%
170
-4%
-4%
Total
Properties
Currently
for
Sale
(Inventory)
195
1%
9%
Asking Price per Square Foot (based on New Listings)
$499 2% -11% -58% -21%
$558
-18%
-11%
May
of Properties
0% 68% -50%
17 -39%
May Number
Sold Price
per Square Sold
Foot
$1,445 4 188%
297% 99%
$796
97%
10%
May
on of
Market
(Solds)
95 -63%
170
-4%
-4%
May Average
Month's Days
Supply
Inventory
48.8
1% -44%
-25% -33%
118% -46%
-31%
65.8
31%
-6%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$499
2%
-11%
-58%
-21%
$558
-18%
-11%
May Sale Price vs List Price Ratio
92.4% 9.3% 6.4% 8.6% 4.9%
85.8%
-3%
-3%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $1,445 188% 68% 297% 99%
$796
97%
10%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
48.8 1% -25% 118%
-31% of Properties
65.8 Sold
31%
-6%
Number
May
Sale Price
vs List Price Ratio
92.4% 9.3% 6.4% 8.6% 4.9%
85.8%
-3%
-3%
Property
Sales
3 Mo Avg
8
4 700
6
2 200
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors |
8
3 Mo Avg
4,500 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
17
18
4,000
100
200
50
150
100 0
50
120%
93.1%
100%
92.4%
85.1%
80%
60%
40%
20%
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
16
17
18
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
Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
16
17
18
100.0
200.0
100
50.0
150.0 50
0.0
100.0 0
50.0
0.0
150
150.0
250.0
200
200.0
250
Total Inventory & Month's Supply of Inventory (MSI)
Inventory / New Listings / Sales
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 24, down 11.1% from 27 last month and down
11.1% from 27 in May of last year.
Total Inventory & Month's Supply of Inventory (MSI)
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
17
18
250.0
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
16
17
18
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
17
18
150
250
3 Mo Avg
Avg Sell ing Price divided by Avg Listing Price for sold properties during the month
200
364
Selling Price versus Listing Price Ratio
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 92.4% was up from 84.5% last month and up from 85.1%
in May of last year.
250
3 Mo Avg
526
1,000
Median Sales Price and Average Sales Price
3 Mo Avg
1,445
3,500
4,500
3,000
4,000
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000
Selling Price per Square Foot
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
17
18
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
17
18
Inventory & MSI
3 Mo Avg
Median Sales Price and Average Sales Price
95
Selling Price per Square Foot
10
6
0
142
150
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
17
18
Number of Properties Sold
1,500
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
May of last year. May 2018 Inventory was at its highest level
Inventory
& MSI
compared with
May of 2017 and 2016.
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
May of last year. May 2018 Inventory was at its highest level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with May
of 2017
2016.
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
2016.
A comparatively lower MSI is more beneficial for sellers while a
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
2016.
200
0
12
8
2
266
250
50
12
4
0
Prices
300
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
2,700
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 2,200
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $1,445 was up
1,700
187.9% from $502 last month and up 296.6% from 364 in May of
last year.
1,200
10
3 Mo Avg
350
100
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
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
Median
Price in last
May
was $2,750,000,
up 128.2%
20.3%
from Sales
$2,182,500
month.
May 2018 ASP
was at the
from
$1,205,000
in May to
of May
2017 of and
up and
10.4%
from
highest
level compared
2017
2016.
$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.
Title
Phone
Website
Other
Community Information | School District
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
May
May Average
Average Sales
Days Price
on Market (Solds)
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
sales of 17 are
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
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
sales of 17 are running 39.3% behind last year's year-to-date
sales of 28.
Agent Name
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
City: Hollywood
HOLLYWOOD
Price Range: $1,000,000 and Up | Properties: SFH - Con
May 2018
City: Hollywood
HOLLYWOOD
Market Action Report
Market Action Report
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
17
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
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 REALTORS, 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
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000, 000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 93
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 REALTORS, 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 es
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.