FL ARCHIVED April 2017 | Page 126
Market Action Report
City: Delray Beach
April 2017
Delray Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
City: Delray Beach 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
$251,320
-3%
1%
Other
$555,274 Trending
3% versus*: 3%
Month
LM 12%
L3M 6%
PYM 19%
LY
$190,000
$251,320
-3% 6% 2%
1% -2%
$345,268
$555,274 1,731
3% 1%
3% -11%
$190,000 346
12% -5%
6% 19% 0%
17%
$345,268 6%
2%
-2%
3%
89 14% 5% 10%
1,731 1%
-11%
$190 -1% -3% 12%
346 -5%
0%
$172 2% 1% 2%
89 14% 5% 10% 2%
5.0 6% -12% -12%
$190 -1% -3% 12% 3%
90.8% -1.4% -.8% -.7%
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
Trending versus*:
Prior YTD 17%
Prior Year 10%
17% YTD
$180,000
3%
$336,911
-4%
1%
$180,000 1,178
17%
$336,911
-4%
2%
85
3%
$195
1,178
4%
9%
$170
85
8%
-22%
6.5
$195
8%
-.7%
91.5%
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Y ear (2016) / YTD = Year-to-date
Property
Sales
450
April Property sales were 346, up 0.3% from 345 in April of
400
2016 and 4.9% lower than the 364 sales last month. April 2017
Property
sales were Sales
at a mid level compared to April of 2016 and 2015. 450 350
April
sales
up 0.3% from
in April
of year's
April Property
YTD sales
of were
1,178 346,
are running
4.2% 345
ahead
of last
400 300
2016
and 4.9% sales
lower of than
the 364 sales last month. April 2017
year-to-date
1,131.
sales were at a mid level compared to April of 2016 and 2015.
350 250
3 Mo Avg
3 Mo Avg
300 200
332
0
50
Prices
14
15
450
16
289
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 F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
The Median Sales Price in April was $190,000, up 18.8% from
Prices
$160,000 in April of 2016 and up 12.5% from $168,950 last
The
Median
Sales
Price Sales
in April
was in
$190,000,
18.8% from
month.
The
Average
Price
April was up $345,268,
down
450
$160,000
in $350,953
April of 2016
and up
12.5% and
from up $168,950
last
1.6% from
in April
of 2016
6.4% from
month.
The last
Average
Sales
Price
in April
down
400
$324,557
month.
April
2017
ASP was
was $345,268,
at a mid range
1.6%
from $350,953
2016
and up 6.4% from
compared
to April in
of April
2016 of
and
2015.
50
100
250 150
200 100
150
$324,557 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
-2%
5%
8%
1%
0%
Number of Properties Sold
April YTD sales of 1,178 are running 4.2% ahead of last year's
year-to-date sales of 1,131.
4% 10%
8% 1%
8%
6%
-2%
-5%
5%
0%
$172 2% 1% 2% 9%
$170
6%
8%
5.0 6% -12% -12% -22%
6.5
-5%
1%
of 91.5%
Properties
90.8% -1.4% -.8% -.7% Number
-.7%
0% Sold 0%
* 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
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
17
Median Sales Price and Average Sales Price
3 Mo Avg
400
350
350 300
300 250
250 200
200 150
150 100
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
100
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
1,500
1,500
1,000
A comparatively lower MSI is more beneficial for sellers while 1,000
a
500
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 5.0 a
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
5.0 and
months
was
at a mid
compared
with
April
months
2015. was at a mid level compared with April of 2016 and
2015.
500
0
6.0
4.0
0.0
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
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
.
8.0
2.0
0
14
126 | c
10.0
10.0
2,000
level compared with April of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
2,500
was Total
1,731,
up 0.9% of from
1,715 last
month for
and
down
The
Inventory
Properties
available
sale
as of 11.4%
April from
1,954
in April
of last
year.
2017 Inventory
was at from
a mid 2,500
was
1,731,
up 0.9%
from
1,715 April
last month
and down 11.4%
2,000
1,954
April of last
year.
April
2017 and
Inventory
level in
compared
with
April
of 2016
2015. was at a mid
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 estate real
transaction.