FL ARCHIVED October 2017 | Page 92

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

City : Hollywood

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
$ 360,000
3 %
13 %
Average List Price of all Current Listings
$ 612,469
0 %
15 %
October Median Sales Price
$ 262,500
6 %
3 %
14 %
17 %
$ 250,000
11 %
11 %
October Average Sales Price
$ 279,212
-12% -8%
11 %
2 %
$ 311,188
14 %
13 %
Total Properties Currently for Sale ( Inventory )
1,267
3 %
-1%
October Number of Properties Sold
102
-9%
-28%
1,635
-17%
October Average Days on Market ( Solds )
68
-4% -12% -12% -20%
77
-8%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 297
-1%
8 %
19 %
25 %
$ 266
13 %
12 %
October Sold Price per Square Foot
$ 208
-9%
0 %
21 %
13 %
$ 214
18 %
16 %
October Month ' s Supply of Inventory
12.4
13 %
22 %
37 %
72 %
8.5
16 %
18 %
October Sale Price vs List Price Ratio
93.9 %
. 9 %
-. 6 % -. 6 %
-. 7 %
94.2 %
-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
October Property sales were 102 , down 27.7 % from 141 in
October of 2016 and 8.9 % lower than the 112 sales last month .
Property
October 2017 Sales sales were at their lowest level compared to
250
200
October Property of 2016 sales and 2015 were . 102 October , down YTD 27.7 % sales from of 141 1,635 in are
October running of 16.8 2016 % and behind 8.9 % last lower year than ' s year-to-date the 112 sales sales last month of 1,964 . .
October 2017 sales were at their lowest level compared to
200
150
October of 2016 and 2015 . October YTD sales of 1,635 are
running 16.8 % behind last year ' s year-to-date sales of 1,964 .
150
100
Agent Name

Hollywood Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 262,500 , up 14.1 %
Prices from $ 230,000 in October of 2016 and up 6.3 % from $ 247,000 The last Median month Sales . The Price Average in October Sales Price was $ in 262,500 October , up was 14.1 $ % 279,212 ,
450 from up 11.0 $ 230,000 % from in $ 251,443 October of in 2016 October and of up 2016 6.3 % and from down $ 247,000 11.9 % last from month $ 316,811 . The Average last month Sales . October Price in 2017 October ASP was was $ 279,212 at a mid , range 400 up compared 11.0 % from to $ October 251,443 of in 2016 October and of 2015 2016 . and down 11.9 % from $ 316,811 last month . October 2017 ASP was at a mid range 350 compared to October of 2016 and 2015 . 300
100
50
0
50
174 196 138 186 216 235 208 233 222 214 212 204 191 197 165 159
0
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
14
15
16
17
N
D
J
F M A M J
14
15
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
J
A S O
3 Mo Avg
450
Median Sales Price and Average Sales Price
174 196 138 186 216 235 208 233 222 214 212 204 191 197 165 159 200 215 235 217 214 221 197 141 188 196 127 150 178 187 212 217 174 176 112 102
400 350 300 250
200 215 235 217 214 221 197 141 188 196 127 150 178 187 212 217
3 Mo Avg
174 176 112 102
250 200
200
150
150
N
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
D
14
J
F
15 M A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
A S O
A S O
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
The
October Total Inventory was 1,267 , of up Properties 2.8 % from available 1,232 last for sale month as of and down
1,600
October
0.5 % from was 1,274 1,267 , in up October 2.8 % from of last 1,232 year last . month October and 2017 down Inventory
1,6001,400
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
14.0
12.0
0.5 was % from at a mid 1,274 level in October compared of last with year October . October of 2016 2017 and Inventory 2015 . was at a mid level compared with October of 2016 and 2015 .
1,4001,200
1,2001,000
12.0
10.0
1,000
800
A comparatively lower MSI is more beneficial for sellers while a
600
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2017 sellers MSI while of a 12.4 higher MSI is better for buyers . The October 2017 MSI of 12.4
400 months was at its highest level compared with October of 2016 months was at its highest level compared with October of 2016
200 and 2015 . and 2015 .
0
800
8.0
600
6.0
400
4.0
200
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
1,495 1,431 1,461 1,423 1,439 1,355 1,274 1,270 1,289
1,495 1,431 1,461 1,423 1,439 1,355 1,274 1,270 1,289
1,248 1,235 1,262 1,266 1,274
1,248 1,235 1,262 1,266 1,274
1,399
1,399 1,470 1,482 1,499 1,499 1,426 1,397 1,362 1,312
1,470 1,482 1,499 1,499 1,426 1,397
1,274 1,283 1,276 1,360 1,402 1,381 1,364 1,335 1,320 1,277 1,238 1,232 1,267
1,362 1,312 1,274 1,283 1,276 1,360 1,402 1,381 1,364 1,335 1,320 1,277 1,238 1,232 1,267
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
92 | c o l d w e l l b a n k e r h o m e s . c o m
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 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 .