FL ARCHIVED April 2017 - Page 90

Trending versus*: Trending versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $384,900 3% 13% Average List Price of all Current Listings $394,763 6% 18% April Median Sales Price $345,000 4% 5% 8% 6% $330,000 12% 2% April Average Sales Price $313,974 4% 3% 3% 4% $304,808 8% 1% Total Properties Currently for Sale (Inventory) 435 2% -48% April Number of Properties Sold 145 -8% -26% 526 -18% April Average Days on Market (Solds) 48 -16% -19% -38% -38% 59 -23% -23% Asking Price per Square Foot (based on New Listings) $169 4% 4% 13% 12% $163 10% 8% April Sold Price per Square Foot $155 4% 4% 7% 9% $150 9% 5% April Month's Supply of Inventory 3.0 11% 0% -30% -20% 3.4 -32% -9% April Sale Price vs List Price Ratio 96.5% .1% -.1% .0% -.0% 96.6% 1% 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Coral Springs Community Information | School District Property Sales April Property sales were 145, down 25.6% from 195 in April of 2016 and 7.6% lower than the 157 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 526 are running 17.8% behind last year's year-to-date sales of 640. 250 200 150 Number of Properties Sold 3 Mo Avg 100 50 Prices The Median Sales Price in April was $345,000, up 7.8% from $320,000 in April of 2016 and up 3.9% from $332,000 last month. The Average Sales Price in April was $313,974, up 2.8% from $305,305 in April of 2016 and up 3.5% from $303,231 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 0 390 370 350 330 310 290 270 250 164 181 174 161 146 188 133 171 121 131 163 183 165 197 191 192 172 166 134 202 131 144 170 195 216 230 202 220 215 169 149 155 95 129 157 145 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 Median Sales Price and Average Sales Price 3 Mo Avg 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 Inventory & MSI The Total Inventory of Properties available for sale as of April was 435, up 2.1% from 426 last month and down 48.1% from 838 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 3.0 months was at its lowest level compared with April of 2016 and 2015. 1,200 1,000 800 600 400 200 0 Total Inventory & Month's Supply of Inventory (MSI) 914 958 1,026 1,000 979 937 937 907 934 864 857 823 816 844 834 781 757 772 703 662 717 793 823 838 792 783 784 681 M J 14 J A S O N D J F M A M J 15 J A S O N D J F M A M J 16 549 441 435 420 438 423 426 435 J A S O N D J F M A 17 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 90 | c o l d w e l l b a n k e r h o m e s.c o m Market Action Report City: Coral Springs April 2017 Coral Springs Agent Name Title Phone Agent Name Website Title Other April 2017 City: Coral Springs 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 $384,900 3% 13% Other $394,763 Trending 6% versus*: 18% Month LM 4% L3M 5% PYM 8% LY $345,000 $384,900 3% 4% 3% 13% 3% $313,974 $394,763 435 6% 2% 18% -48% $345,000 145 4% -8% 5% 8% -26% 6% $313,974 4% 3% 3% 4% 48 -16% -19% -38% 435 2% -48% $169 4% 4% 13% 145 -8% -26% $155 4% 4% 7% 48 -16% -19% -38% -38% 3.0 11% 0% -30% $169 4% 4% 13% 12% 96.5% .1% -.1% .0% 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 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 250 April Property sales were 145, down 25.6% from 195 in April of 2016 and 7.6% lower than the 157 sales last month. April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 250 200 April Property sales sales were of 145, down 25.6% from 195 behind in April last of 2015. April YTD 526 are running 17.8% 2016 and 7.6% lower than 157 sales last month. April 2017 year's year-to-date sales the of 640. 200 150 sales were at their lowest level compared to April of 2016 and 2% 1% 8% $330,000 $304,808 -38% 12% -18% 2% 526 8% -23% 1% 59 12% $163 10% 526 -18% 9% $150 9% 59 -23% -23% -20% 3.4 -32% $163 10% 8% -.0% 96.6% 1% -23% 8% 5% -9% 0% 3 Mo Avg Number of Properties Sold Prices 3 Mo Avg 191 0 50 50 100 14 The Median Sales Price in April was $345,000, up 7.8% from Prices $320,000 in April of 2016 and up 3.9% from $332,000 last 390 The Median Sales Price Sales in April was in $345,000, 7.8% from month. 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