FL ARCHIVED April 2017 | Page 100

Market Action Report April 2017

DELRAY BEACH

City : Delray Beach

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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
$ 1,625,000
3 %
2 %
Average List Price of all Current Listings
$ 2,203,745
3 %
-1%
April Median Sales Price
$ 1,600,000
16 %
16 %
7 %
11 %
$ 1,382,500
-7%
-4%
April Average Sales Price
$ 1,884,484
-10% -4% -17% -20%
$ 1,961,533
-28%
-17%
Total Properties Currently for Sale ( Inventory )
233
6 %
-7%
April Number of Properties Sold
19
0 %
0 %
64
10 %
April Average Days on Market ( Solds )
148
36 %
17 %
28 %
6 %
127
-4%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 438
-6%
-7%
13 %
-10%
$ 473
0 %
-3%
April Sold Price per Square Foot
$ 445
-17% -11% -16%
-7%
$ 499
-5%
4 %
April Month ' s Supply of Inventory
12.3
6 %
-17% -7%
-34%
15.5
-28%
-17%
April Sale Price vs List Price Ratio
88.8 % -6.5% -2.1% 3.4 %
. 1 %
90.7 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 19 , equal to 19 in April of 2016 and the same as the 19 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April
Property YTD sales of Sales 64 are running 10.3 % ahead of last year ' s year-todate Property sales of 58 sales . were 19 , equal to 19 in April of 2016 and
April the same as the 19 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 64 are running 10.3 % ahead of last year ' s year-todate sales of 58 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 233 , up 5.9 % from 220 last month and down 7.2 % from 251 in April of last year . April 2017 Inventory was at a mid level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 233 , up 5.9 % from 220 last month and down 7.2 % from 251 in April of last year . April 2017 Inventory was at a mid level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 12.3 months was at a mid 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 12.3 months was at a mid level compared with April of 2016 and 2015 .
25 15
20 10
15 5
2,600 1,100 2,100 1,600 1,100
16 20 11 6 8 10
Number of Properties Sold
10
0
5
M
14
J
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
J
A S O N D
J
F M A
17
Prices
The Median Sales Price in April was $ 1,600,000 , up 6.7 % from
0
Median Sales Price and Average Sales Price
3 Mo Avg
$ 1,500,000 in April of 2016 and up 16.4 % from $ 1,375,000 last month . The Average Sales Price in April was $ 1,884,484 , down
M
4,60014
J
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
J
A S O N D
J
F M A
17
Prices
17.4 % from $ 2,282,158 in April of 2016 and down 9.8 % from
The
$ 2,089,300 Median Sales last month Price in
. April
April 2017 was $ ASP 1,600,000 was at the
, up lowest 6.7 % from level
$ compared
1,500,000 to in April April of of 2016 2016 and and 2015 up 16.4 .
% from $ 1,375,000 last month . The Average Sales Price in April was $ 1,884,484 , down
4,100
3,600
4,600
3,100
Median Sales Price and Average Sales Price
3 Mo Avg
17.4 % from $ 2,282,158 in April of 2016 and down 9.8 % from
4,100
2,600
$ 2,089,300 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
3,600
2,100
3,100
1,600
300 150
250 100
200 50 1500 100 50
16 20 11
Agent Name
Title Phone Website Other
6 8 10 8 21 13
8 21 13 11 15 23 15 16 7
Total Inventory & Month ' s Supply of Inventory ( MSI )
11 14 14 11 13 6 11 22 19 14 19 16 10 13 14 10 13 14 12 19 19
Total Inventory & Month ' s Supply of Inventory ( MSI )
M 14
J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J
J
A S O N D
J 17
174 174 178 181 176 176 168 164 172 177 175 188 182 192 184 183 188
Number of Properties Sold
213 220 219 240 243 247 251 255 228 225 218 208 211 223 221 246 246 220 233
F M A 45.0
0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000
M
J and J Up A | SProperty O NTypes D : JSFH
F - MConA M J
J A S O N D J
F M A M J
J A S O N D J
F M A
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami
14 Association of REALTORS ,
15 My Florida Regional MLS , Naples Area Board of
16 REALTORS , REALTORS Association of the Palm
17 Beaches , Space Coast Association of REAL
does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
100 | coldwellbankerluxury . com
25
20
300 250 200
174
11 15 23 15 16 7 11 14 14 11 13 6 11 22 19 14 19 16 10 13 14 10 13 14
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
M 14
174
J
178 181 176 176 168 164 172
J A S O N D J
15
177 175 188 182 192
F M A M J
184 183 188 213 220 219
240
J A S O N D J
16
243 247 251 255
228
F M A M J
225 218 208 211 223 221 246 246
220 12 233
J A S O N D J F M A 17
3 Mo Avg
19 19
40.0 35.0
30.0 25.0 45.0
20.0 40.0 15.0 35.0 10.0
5.0 30.0
0.0 25.0 20.0 15.0 10.0 5.0 0.0