FL ARCHIVED November 2017 | Page 174

Market Action Report City: Heathrow Heathrow Agent Name Market Action Report City: Heathrow November 2017 Title Phone Agent Name Website Title Other November 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $1,000,000 Other Market Profile & Trends Overview Median List Price of all Current Listings LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD 37% 122% $993,878 Trending 7% versus*: 80% Trending versus*: Month LM 42% L3M 38% PYM 6% LY 63% YTD Prior YTD 12% Prior Year 12% $652,000 $445,000 $1,000,000 37% 42% 36% 122% 6% 51% $652,000 $486,750 14% 13% $993,878 7% 9 0% 80% -18% $652,000 42% 38% 6% 0% 63% $445,000 12% 1 -50% 27 -39% 12% $652,000 42% 36% 6% 51% $486,750 14% 82 382% 41% -53% -23% 68 -38% 13% -36% 9 $222 0% 20% -18% 6% 27% 31% $190 13% 12% 1 -50% 0% 27 -39% $163 -15% -8% -12% 1% $172 8% 7% 82 382% 41% -53% -23% 68 -38% -36% 9.0 100% 50% -18% 82% 4.1 -23% -18% $222 20% 6% 27% 31% $190 13% 12% 90.6% -6.6% -4.4% 3.2% -1.9% 94.8% 3% 3% 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 $163 -15% -8% -12% 1% $172 8% 7% 9.0 100% 50% -18% 82% 4.1 -23% -18% Number of 94.8% Properties 90.6% -6.6% -4.4% 3.2% -1.9% 3% Sold 3% * 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 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 12 5 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 Prices The Median Sales Price in November was $652,000, up 6.1% 800 from $614,500 in November of 2016 and up 41.7% from Prices The Median last Sales month. Price in The November was $652,000, 6.1% $460,000 Average Sales Price in up November 800 700 from in up November of 2016 and up from of 2016 and was $614,500 $652,000, 6.1% from $614,500 in 41.7% November $460,000 month. The Average Sales November Price in November up 41.7% last from $460,000 last month. 2017 ASP was 700 600 was $652,000, 6.1% from $614,500 in November of and 2016 2015. and at the highest up level compared to November of 2016 up 41.7% from $460,000 last month. November 2017 ASP was 600 500 at the highest level compared to November of 2016 and 2015. 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 2 2 4 4 6 6 8 3 Mo Avg 8 sales were at their lowest level compared to November of 2016 and 2015. November YTD sales of 27 are running 38.6% behind last year's year-to-date sales of 44. Number of Properties Sold 10 November Property sales were 1, equal to 1 in November of 2016 and 50.0% lower than the 2 sales last month. November 2017 Property sales were Sales at their lowest level compared to November of 2016 12 November sales YTD were sales 1, equal to are 1 in running November of 2016 and 2015. Property November of 27 38.6% behind and than the sales 2 sales last 50.0% year's lower year-to-date of last 44. month. November 2017 10 3 Mo Avg Median Sales Price and Average Sales Price 3 Mo Avg 500 400 400 300 300 200 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 17 200 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 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 0 5 10 15 20 A comparatively lower MSI is more beneficial for sellers while a 10 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. November 2017 while MSI a of 9.0 higher MSI is better for level buyers. The November 2017 MSI of of 2016 9.0 and months was at a mid compared with November 5 months 2015. was at a mid level compared with November of 2016 and 0 2015. 25 15 30 20 Total Inventory & Month's Supply of Inventory (MSI) lowest level compared with November of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of November was 9, equal to 9 last available month and down from 11 The Total Inventory of Properties for sale as 18.2% of in November of equal last year. November 2017 Inventory was at November was 9, to 9 last month and down 18.2% from 11 its 30 level of compared November 2016 and 2015. in lowest November last year. with November 2017 of Inventory was at its 25 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REAL TORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REALT 174 | c o l d w e l l b a n k e r h o m e s . c o m does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.