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.