Market Action Report
November 2017
Palm
Beach
Gardens
Market Action Report
City: Palm Beach Gardens
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
November 2017
Community Information | School District
City: Palm Beach Gardens
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$574,900
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM
LY
-0%
0%
$1,014,900 Trending
4% versus*: 0%
Month
LM 6%
L3M -2%
PYM 0%
LY
$391,500
$574,900
-0% 24% -4%
0% 1%
$529,621
$1,014,900 632
4% -5%
0% -25%
$391,500 107
6% 26%
-2% 0% 3%
6%
$529,621 24%
-4%
1%
3%
88 -6% -4% -4%
632 $270
-5% 6% -25%
3% 6%
107 26%
3%
$212 5% -1% 2%
88 -6% -4% -4% -10%
5.9 -25% -15% -27%
$270 6% 3% 6% 13%
92.8% -.2% -.1% -1.1%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median
List Price
of all
Current
November
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
November
Sales
Price
November Median
Number
of Properties
Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
$212 5% -1% 2%
5.9 -25% -15% -27%
92.8% -.2% -.1% -1.1%
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
180
1%
3%
8%
-5%
-0%
3 Mo Avg
3 Mo Avg
Prices
93
104
135
154
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
0
0
20
40 40
60 60
80 80
100
650
600
550
500
450
400
350
300
2% 8%
1% 17%
4%
9%
1%
-6%
3%
-0%
100
20
24.3% from $426,075 last month. November 2017 ASP was at a
mid range compared to November of 2016 and 2015.
13%
$247
1,413
2%
5%
$220
99
1%
-15%
6.6
$247
4%
.0%
92.4%
8%
17%
120
120
The Median Sales Price in November was $391,500, up 0.3%
from $390,500 in November of 2016 and up 5.8% from
Prices
The
Median last
Sales month.
Price in The
November
$391,500,
0.3%
$370,000
Average was
Sales
Price in up
November
was
800
from
$390,500
in November
of 2016 in and
up 5.8% from
$529,621,
up 1.1%
from $523,871
November
of 2016 and up
750
$370,000
last $426,075
month. The
Average
Price in 2017
November
was at a
24.3% from
last
month. Sales
November
ASP was
700
$529,621,
up compared
1.1% from to
$523,871
in November
of 2016
and up
mid range
November
of 2016 and
2015.
$400,000 1,413
8%
$601,701
18%
-10%
99
18%
140
compared to November of 2016 and 2015. November YTD sales
of 1,413 are running 1.8% ahead of last year's year-to-date sales
of 1,388.
$601,701
Number of Properties Sold
160
November Property sales were 107, up 2.9% from 104 in
November of 2016 and 25.9% higher than the 85 sales last
Property
Sales 2017 sales were at their highest level
month. November
180
November
sales were
107, and
up 2.9%
104 in YTD sales
compared Property
to November
of 2016
2015. from
November
160
November
of 2016
and 1.8%
25.9% ahead
higher
the 85 year-to-date
sales last
of 1,413 are
running
of than
last year's
sales
month.
November
2017
sales
were
at
their
highest
level
140
of 1,388.
Trending versus*:
YTD
Prior YTD 8%
Prior Year
$400,000
6%
3%
5%
$220
9%
8%
-15%
6.6
-6%
-5%
Number
of 92.4%
Properties
.0%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
November Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
D J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
800
750
700
650
600
550
500
450
400
350
300
Median Sales Price and Average Sales Price
3 Mo Avg
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
10.0
8.0
400
12.0
12.0
A comparatively lower MSI is more beneficial for sellers while a
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,200
Novem