Market Action Report November 2017
Community Information | School District
Market Action Report November 2017
City : Coral Springs
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 |
$ 389,000 |
0 % |
|
18 % |
|
|
|
|
Average List Price of all Current Listings |
$ 396,362 |
1 % |
|
18 % |
|
|
|
|
November Median Sales Price |
$ 263,500 |
15 % -25% -27% -19% |
$ 345,000 |
6 % |
6 % |
November Average Sales Price |
$ 268,838 |
4 % |
-15% -20% -11% |
$ 316,650 |
4 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
412 |
-7% |
-9% |
|
|
|
November Number of Properties Sold |
50 |
-6% |
-67% |
1,398 |
-32% |
|
November Average Days on Market ( Solds ) |
67 |
12 % |
20 % |
20 % |
-13% |
54 |
-31% |
-30% |
Asking Price per Square Foot ( based on New Listings ) |
$ 145 |
0 % |
-5% |
-2% |
-1% |
$ 155 |
6 % |
5 % |
November Sold Price per Square Foot |
$ 139 |
8 % |
-4% |
-6% |
-1% |
$ 149 |
6 % |
6 % |
November Month ' s Supply of Inventory |
8.2 |
-1% |
-6% 172 % 117 % |
4.7 |
21 % |
24 % |
November Sale Price vs List Price Ratio |
94.2 % -4.2% -2.3% -2.5% -2.4% |
96.6 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
November Property sales were 50 , down 66.7 % from 150 in |
November of 2016 and 5.7 % lower than the 53 sales last month . |
|
Property
November Sales 2017 sales were at their lowest level compared to
|
250 |
200 |
November Property of 2016 sales and were 2015 . 50 November , down 66.7 YTD % from sales 150 of in 1,398 are |
|
November running 31.6 of 2016 % behind and 5.7 last % lower year ' s than year-to-date the 53 sales sales last of month 2,045 . .
November 2017 sales were at their lowest level compared to
|
200 |
150 |
November of 2016 and 2015 . November YTD sales of 1,398 are |
|
|
running 31.6 % behind last year ' s year-to-date sales of 2,045 . |
150 |
100 |
Agent Name
Coral Springs Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
171 121 131 164 183 165
50 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 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 263,500 , down 27.1 % 400
Prices from $ 361,500 in November of 2016 and up 15.4 % from Median Sales Price and Average Sales Price
380
3 Mo Avg
The $ 228,299 Median last Sales month Price . in The November Average was Sales $ 263,500 Price in , down November 27.1 % was 400 from $ 268,838 $ 361,500 , down in November 19.9 % from of 2016 $ 335,474 and up in 15.4 November % from of 2016 and 360
380 $ up 228,299 3.6 % last from month $ 259,596 . The last Average month Sales . November Price in November 2017 ASP was was at 340 $ 268,838 , down 19.9 % from $ 335,474 in November of 2016 and
360 a mid range compared to November of 2016 and 2015 .
320 up 3.6 % from $ 259,596 last month . November 2017 ASP was at 340 300 a mid range compared to November of 2016 and 2015 . 320
280 300
260 280
240 260
220 240
200
220 200
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 412 of , down Properties 6.8 % available from 442 for last sale month as of and down
1,000 12.0
November 9.5 % from was 455 412 in , November down 6.8 % of from last 442 year last . November month and 2017 down 1,000
12.0 800
10.0
9.5 Inventory % from 455 was in at November its lowest of level last compared year . November with November 2017 of 800
10.0
Inventory 2016 and was 2015 at . its lowest level compared with November of 8.0
600 2016 and 2015 .
8.0 600
6.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The November 2017 MSI of 8.2 200 2.0 higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 8.2 of 200 2.0 months 2016 and was 2015 at its . highest level compared with November of 0
0.0
2016 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
197 192 192
171 121 131 164 183 165 197 192 192 172 166 134 202 131 145 170 195 216 230 202 220 216 170 150 157 97 134 159 150 189 201 153 168 44 53 50
908
935 864 857 822 815 843 830 780 753 765
172 166
908
935 864 857 822 815 843 830 780 753 765
134 709
709 666
721
796 202 131 145 170 195
827 843 797 792 794
666 721
695 216
562 230
796 827 843 797 792 794
202 695
220
562 216 170 150 157 97 134 159 150 189 201
458 455 444 474 464 476 485 492 495 467 441 431 442 412
153 168 44
458 455 444 474 464 476 485 492 495 467 441 431 442 412 53 50
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
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