FL ARCHIVED April 2017 | Page 102
Market Action Report
April 2017
Miami-Dade
County
Market Action Report
County: Miami-Dade
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
County: Miami-Dade Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$468,000
4%
11%
Other
$1,071,318 Trending
2% versus*: 8%
Month
LM 4%
L3M 4%
PYM 14%
LY
$295,000
$468,000
4% -1% 2%
11% 6%
$462,296
$1,071,318
2% -4%
8% -4%
19,810
$295,000 1,970
4% -18%
4% 14% -16%
11%
$462,296 -1%
2%
6%
10%
88 -3% -4% 9%
19,810 -4%
-4%
$353 -5% -4% 1%
1,970 -18%
-16%
$257 2% 2% 3%
88 -3% -4% 9% 5%
10.1 18% -1% 14%
$353 -5% -4% 1% 1%
93.3% .2% .3% -1.2%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
$257 2% 2% 3%
10.1 18% -1% 14%
93.3% .2% .3% -1.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
April 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
3,000
April Property sales were 1,970, down 15.9% from 2,342 in April
of 2016 and 18.4% lower than the 2,414 sales last month. April
2,500
Property
2017 sales Sales
were at their lowest level compared to April of 2016 3,000
April
sales
were
1,970,
down 15.9%
from 2,342
April last
and Property
2015. April
YTD
sales
of 7,779
are running
6.8% in behind
2,000
of year's
2016 year-to-date
and 18.4% lower
than
the 2,414 sales last month. April
sales
of 8,343.
2,500
2017 sales were at their lowest level compared to April of 2016
and 2015. April YTD sales of 7,779 are running 6.8% behind last
year's year-to-date sales of 8,343.
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 13%
Prior Year 7%
11% YTD
$283,000
10%
$454,934
7%
8%
$283,000 7,779
13%
$454,934
7%
5%
92
1%
7%
4%
-.8%
-7% 7%
10% 8%
2%
3%
10%
9%
4%
-1%
$366
7,779
-7%
$251
92
10%
10.8
$366
2%
93.1%
10%
4%
5%
12%
-1%
7%
$251
3%
5%
4%
10.8
9%
12%
Number
of 93.1%
Properties
-.8%
-1% Sold -1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
1,500
2,000
1,000
2,758
2,745
2,250
1,964
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
14
15
16
17
M J J A S O N D J Median
F M A M Sales
J J A Price
S O N and
D J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
Prices
14
15
The Median Sales Price in April was $295,000, up 13.9% from
500
Prices
$259,000 in April of 2016 and up 3.5% from $285,000 last
The
Median
Sales
Price Sales
in April
was in
$295,000,
13.9% from
month.
The
Average
Price
April was up
$462,296,
up 6.1% 450
500
$259,000
in April in of April
2016 of and
up and
3.5% down
from 1.5%
$285,000
from $435,734
2016
from last
$469,150
month.
The Average
Sales ASP
Price
in April
$462,296,
up 6.1% 450
last month.
April 2017
was
at the was
highest
level compared
to 400
from
April
of 2016 and down 1.5% from $469,150
April $435,734
of 2016 in
and
2015.
last month. April 2017 ASP was at the highest level compared to 400 350
April of 2016 and 2015.
0
500
1,000 500
1,500
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
350 300
300 250
250 200
Inventory & MSI
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
15 A M J J A S O N D J F M 16
M J 14 J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
20,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
19,000
19,000
A comparatively lower MSI is more beneficial for sellers while a 18,000
A higher
comparatively
lower MSI
is more The
beneficial
sellers
a 18,000
MSI is better
for buyers.
April for
2017
MSI while
of 10.1
17,000
higher
MSI
is better
for buyers.
April 2017
MSI
of 10.1
months
was
at its highest
level The
compared
with
April
of 2016 and
17,000
months
was
at
its
highest
level
compared
with
April
of
2016
and
16,000
2015.
16,000
2015.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
15
16
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
.
14.0
8.0
6.0
4.0
2.0
0.0
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 D J F M A
14
15
16
17
14
102 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
22,000
was Total
19,810,
down 3.8%
from 20,583
last for
month
and
The
Inventory
of Properties
available
sale as
of down
April 3.7%
from
20,575
in April
last 20,583
year. April
2017 and
Inventory
was at a 22,000
was
19,810,
down
3.8% of
from
last month
down 3.7%
21,000
from
in April of with
last year.
2017
Inventory
mid 20,575
level compared
April April
of 2016
and
2015. was at a
21,000
20,000
mid level compared with April of 2016 and 2015.
200
17
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
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 REAL
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 est ate real
transaction.