Market Action Report
September 2017
City: Fort Lauderdale/Fort
Lauderdale
Fort
Lauderdale
Beach
September 2017
Market Action Report
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
City: Fort Lauderdale Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$500,000
Other
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM LY
0%
14%
$1,164,860 Trending
-0% versus*:
17%
Trending versus*:
Month
LM -17%
L3M -19%
PYM -11%
LY -13% YTD
Prior YTD 5%
Prior Year 4%
$244,900
$291,000
$500,000
0% -36% -27%
14% -8% -17%
$382,598
$483,746
8%
5%
$1,164,860 2,025
-0% -2% 17% -14%
$244,900 -17%
-19% -11% -86%
-13%
$291,000 2,500
5% -13% 4%
45 -80%
$382,598 114
-36% 33%
-27% 19%
-8% -1%
-17% 7% $483,746
8% -15% 5%
94
-12%
2,025 $299
-2% -9% -16%
-14% 1% -4%
$334
9%
7%
45 -80%
-86%
2,500 -13%
$242 -19% -13% -1% -2%
$263
8%
6%
114 33% 19% -1% 7%
94 -15%
-12%
45.0 387% 119% 535% 445%
11.9
44%
44%
$299 -9% -16% 1% -4%
$334
9%
7%
92.1% -1.9% -2.1% -2.5% -2.1%
94.1%
-0%
0%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
September
Median
Sales Price
Median
List Price
of all Sales
Current
Listings
September
Average
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
September
Sales
Price
September Median
Number
of Properties
Sold
September
Sales
Price
September Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
September Number of Properties Sold
September Sold Price per Square Foot
September Average Days on Market (Solds)
September Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
September Sale Price vs List Price Ratio
September Sold Price per Square Foot
$242 -19% -13% -1%
45.0 387% 119% 535%
92.1% -1.9% -2.1% -2.5%
-2%
$263
8%
6%
445%
11.9
44%
44%
Number of 94.1%
Properties
-2.1%
-0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
September Month's Supply of Inventory
September 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
450
September Property sales were 45, down 86.4% from 331 in
September of 2016 and 79.8% lower than the 223 sales last
Property
Sales 2017 sales were at their lowest level
month. September
450
September
sales were
45, down
86.4% September
from 331 in YTD
compared Property
to September
of 2016
and 2015.
400
September
of 2016
79.8% 12.7%
lower behind
than the last
223 year's
sales year-to-date
last
sales of 2,500
are and
running
month.
September
2017
sales
were
at
their
lowest
level
350
sales of 2,863.
3 Mo Avg
350
300
250
300 200
348
257
345
337
O N D J F M A M J Median
J A S O N Sales
D J F Price
M A M
J J Average
A S O N Sales
D J F Price
M A M J J A S
and
3 Mo Avg
14
15
16
17
Prices
The Median Sales Price in September was $244,900, down
10.9% from $275,000 in September of 2016 and down 17.0%
Prices
The
Median
Sales last
Price month.
in September
was $244,900,
down
from
$295,000
The Average
Sales Price
in
600
10.9%
from $275,000
in September
of 2016
and
down 17.0%
September
was $382,598,
down 8.2%
from
$416,870
in
550
from
$295,000
last month.
The 35.7%
Average
Sales $594,586
Price in last month.
September
of 2016
and down
from
September
was
$382,598,
down
8.2%
from level
$416,870
in to
September
2017
ASP was
at the
lowest
compared
500
September
of of
2016
and
down
35.7% from $594,586 last month.
September
2016
and
2015.
450
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
14
15
16
17
0
0
50
100 150
250 150
200 100
50
September 2017 ASP was at the lowest level compared to
September of 2016 and 2015.
3 Mo Avg
Number of Properties Sold
400
compared to September of 2016 and 2015. September YTD
sales of 2,500 are running 12.7% behind last year's year-to-date
sales of 2,863.
Trending versus*:
Prior YTD Prior Year
YTD
600
Median Sales Price and Average Sales Price
550
3 Mo Avg
500
450
400
400 350
350 300
300 250
250 200
200
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
14
15
16
17
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
14
15
16
17
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
September
2017 while
MSI a of 1,000 500
higher
MSI
i