FL ARCHIVED April 2017 | Page 132
Market Action Report
April 2017
Palm
Beach
Gardens
Market Action Report
City: Palm Beach Gardens
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
City: Palm Beach Gardens
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
$592,450
-1%
18%
Other
$1,039,176 Trending
-1% versus*:
17%
Month
LM 13%
L3M 6%
PYM 24%
LY
$422,500
$592,450
-1% 0% -7%
18% 5%
$565,449
$1,039,176 740
-1% -4% 17% -19%
$422,500 140
13% 6%
6% 24% 13%
14%
$565,449 122
0% 27%
-7% 14%
5% 39%
10%
740 -4%
-19%
$238 -7% -5% 6%
140 6%
13%
$218 -1% -3% 5%
122 27% 14% 39% 24%
5.3 -10% -18% -28 %
$238 -7% -5% 6% -1%
91.5% -.9% -.8% -2.1%
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
$218 -1% -3% 5%
5.3 -10% -18% -28%
91.5% -.9% -.8% -2.1%
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
180
April Property sales were 140, up 12.9% from 124 in April of
2016 and 6.1% higher than the 132 sales last month. April 2017 160
Property
sales were Sales
at a mid level compared to April of 2016 and 2015. 180 140
April
sales
140, running
up 12.9%
from
124 in
of
April Property
YTD sales
of were
467 are
1.7%
ahead
of April
last year's
year-
160 120
2016
and sales
6.1% of
higher
to-date
459. than the 132 sales last month. April 2017
sales were at a mid level compared to April of 2016 and 2015.
140 100
April YTD sales of 467 are running 1.7% ahead of last year's year-
120
to-date sales of 459.
100 80
80 40
13%
467
20%
107
-1%
$251
467
2%
8%
$226
107
13%
-21%
6.9
$251
6%
-1.4%
92.2%
2% 8%
13% 18%
6%
14%
9%
-11%
5%
-1%
9%
5%
11%
3%
-1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
142
0
20
20
40
Prices
14
15
700
16
17
Median Sales Price and Average Sales Price
650
115
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
month. April 2017 ASP was at the highest level compared to
April of 2016 and 2015.
$400,000
$605,567
24%
60
60
The Median Sales Price in April was $422,500, up 24.3% from
Prices
$340,000 in April of 2016 and up 13.4% from $372,500 last
The
Median
Sales
Price Sales
in April
was in
$422,500,
24.3% from
month.
The
Average
Price
April was up $565,449,
up 5.3%
700
$340,000
in April in of April
2016 of and
up and
13.4%
last
from $537,027
2016
up from
0.0% $372,500
from $565,351
last
month.
Average
Price at in the
April
was $565,449,
up 5.3%
month. The
April
2017 Sales
ASP was
highest
level compared
to 650
from
April
of 2016 and up 0.0% from $565,351 last 600
April $537,027
of 2016 in
and
2015.
Trending versus*:
Prior YTD 13%
Prior Year 8%
14% YTD
$400,000
10%
$605,567
20%
18%
8%
$226
14%
11%
-21%
6.9 -11%
3%
Number of 92.2%
Properties
-1.4%
-1% Sold -1%
* 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
3 Mo Avg
600
550
550 500
500 450
450 400
400 350
350 300
300
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
level compared with April of 2016 and 2015.
600
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 5.3 a
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
5.3 and
months
was
at a mid
compared
with
April
months
2015. was at a mid level compared with April of 2016 and
2015.
200
0
600
400
10.0
8.0
6.0
2.0
0
0.0
10.0
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
.
12.0
4.0
200
14
132 | c
12.0
800
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
1,000
was Total
740, Inventory
down 4.1%
772 last
month for
and
down
The
of from
Properties
available
sale
as of 18.7%
April from
910 740,
in April
last from
year. 772
April
Inventory
was
at its
lowest 1,000
was
down of 4.1%
last 2017
month
and down
18.7%
from
800
910
in compared
April of last with
year. April
April of 2017
was at its lowest
level
2016 Inventory
and 2015.
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.