Market Action Report November 2017
Community Information | School District
Market Action Report November 2017
County : Palm Beach
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 |
$ 375,000 |
0 % |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 899,661 |
2 % |
|
12 % |
|
|
|
|
November Median Sales Price |
$ 277,750 |
5 % |
2 % |
13 % |
11 % |
$ 268,000 |
7 % |
7 % |
November Average Sales Price |
$ 416,444 |
14 % |
10 % |
25 % |
11 % |
$ 399,173 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
12,674 |
2 % |
|
-12% |
|
|
|
|
November Number of Properties Sold |
1,782 |
-4% |
|
-10% |
|
25,579 |
-3% |
|
November Average Days on Market ( Solds ) |
87 |
-4% |
-3% |
4 % |
-2% |
89 |
0 % |
0 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 251 |
7 % |
7 % |
17 % |
20 % |
$ 222 |
7 % |
6 % |
November Sold Price per Square Foot |
$ 190 |
8 % |
5 % |
13 % |
9 % |
$ 185 |
7 % |
6 % |
November Month ' s Supply of Inventory |
7.1 |
7 % |
1 % |
-3% |
10 % |
6.3 |
-3% |
-3% |
November Sale Price vs List Price Ratio |
92.7 % |
. 2 % |
. 1 % |
-. 6 % |
-. 1 % |
92.5 % |
-0% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,500 November Property sales were 1,782 , down 9.6 % from 1,971 in
November of 2016 and 4.3 % lower than the 1,862 sales last 3,000 Property month . November Sales 2017 sales were at their lowest level 3,500
November compared Property to November sales were of 2016 1,782 and , down 20159.6 . November % from 1,971 YTD in sales 2,500 November of 25,579 of are 2016 running and 4.3 2.8 %% lower behind than last the year 1,862 ' s year-to-date sales last sales 3,000 month . November 2017 sales were at their lowest level
2,000 of 26,313 . compared to November of 2016 and 2015 . November YTD sales 2,500
of 25,579 are running 2.8 % behind last year ' s year-to-date sales 1,500 2,000 of 26,313 .
1,000 1,500
500 1,000
Agent Name
Palm Beach County Title
Phone Website Other
Community Information | School District
Number of Properties Sold
500 |
0 |
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 |
0 |
14
15
|
16 |
17 |
|
Prices
The Median Sales Price in November was $ 277,750 , up 13.4 %
Prices from $ 245,000 in November of 2016 and up 4.8 % from
The
$ 265,000 Median last Sales month Price . in The November Average was Sales $ 277,750 Price in , up November 13.4 % was
450 from
$ 416,444 $ 245,000 , up 24.9 in November % from $ of 333,431 2016 and in November up 4.8 % from of 2016 and up
|
D
J
F M A M J
J
A
Median S O N D Sales
J
F M Price A M J and
J
A SAverage O N D
J Sales
F M A Price M J
J
14
15
16
17
450
Median Sales Price and Average Sales Price
400
|
A S O N
3 Mo Avg
|
3 Mo Avg |
|
$
13.6 265,000 % from last $ month 366,607 . The last Average month . Sales November Price in 2017 November ASP was at
$ 416,444 , up 24.9 % from $ 333,431 in November of 2016 and up
400 the highest level compared to November of 2016 and 2015 .
|
350 |
|
|
13.6 % from $ 366,607 last month . November 2017 ASP was at |
|
|
|
the highest level compared to November of 2016 and 2015 . |
350 |
300 |
300
250
2,413 1,817 2,079 2,837 2,972
2,413 1,817 2,079 2,837 2,972 2,802 2,994 2,861 2,405 2,475 2,398 1,894 2,477 1,775 1,915 2,666 2,753 2,698 2,918 2,435 2,615 2,435 2,132 1,971 2,259 1,858 1,979 2,835 2,692 2,883 2,983 2,442 2,557 1,706 1,862 1,782
250 200
200
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 14 15
16
17
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 12,674 of Properties , up 2.4 % available from 12,376 for sale last as month of and
18,000 10.0
November down 12.5 was % from 12,674 14,478 , up 2.4 in % November from 12,376 of last month year . November and
18,000 16,000 10.0 down 201712.5 Inventory % from was 14,478 at its in November lowest level of compared last year . November with November 16,000 14,000
8.0
8.0 2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
14,000 12,000 of 2016 and 2015 . 12,000
6.0 10,000
6.0 10,0008,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 8,0006,000
4.0
A comparatively lower MSI is more beneficial for sellers while a 6,000 higher MSI is better for buyers . The November 2017 MSI of 7.1 4,000
2.0 higher MSI is better for buyers . The November 2017 MSI of 7.1 4,000 months was at its lowest level compared with November of 2016 2,000
2.0 months was at its lowest level compared with November of 2016 2,000 and 2015 .
0 0.0 and 2015 . 0
0.0 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 A S O N 14 15
16 17
14 15 16
17
2,802 2,994 2,861
14,552 15,551 15,926 15,481 15,113 14,372 13,948 13,734
14,552 15,551 15,926 15,481 15,113 14,372 13,948 13,734 13,211 13,177 14,049 2,405 2,475 2,398
13,211 13,177 14,049
14,131 13,916
15,169
Number of Properties Sold
1,894 14,131
2,477 1,775 1,915
16,146 13,916 16,164 16,307 15,467
2,666 2,753 2,698 2,918 2,435 2,615 2,435 2,132 1,971 2,259 1,858 1,979 2,835 2,692
15,169 16,146 16,164 16,307 15,467 15,018 14,590 13,989 14,316 14,166 14,478 14,403 15,432 15,909 15,687 15,431 14,378 14,155
15,018 14,590 13,989 14,316 14,166 14,478 14,403 15,432 15,909 15,687 15,431 14,378 14,155 13,454 13,215 12,413 12,376 12,674
3 Mo Avg
2,883 2,983 2,442 2,557 1,706
13,454 13,215 12,413 12,376 12,674
3 Mo Avg
1,862
1,782
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | 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 Asso
116 | c o l d w e l l b a n k e r h o m e s . c o m 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 .