Market Action Report April 2017
PALM Agent Name
City : Palm Beach BEACH Gardens GARDENS
Title
Community Information | School DistrictPhone
Website
Other
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 |
$ 1,697,000 |
-4% |
|
-4% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,346,695 |
-2% |
|
-0% |
|
|
|
|
April Median Sales Price |
$ 1,362,500 |
-19% -20% -1% |
-12% |
$ 1,696,250 |
9 % |
9 % |
April Average Sales Price |
$ 1,712,535 |
-13% -18% |
5 % |
-10% |
$ 2,097,881 |
9 % |
10 % |
Total Properties Currently for Sale ( Inventory ) |
222 |
-4% |
5 % |
|
|
|
|
April Number of Properties Sold |
16 |
7 % |
-11% |
|
56 |
33 % |
|
April Average Days on Market ( Solds ) |
131 -31% -30% -6% |
-18% |
186 |
33 % |
16 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 420 |
1 % |
-5% -18% |
-7% |
$ 441 |
-2% |
-3% |
April Sold Price per Square Foot |
$ 384 |
-3% -11% |
7 % |
-1% |
$ 430 |
9 % |
11 % |
April Month ' s Supply of Inventory |
13.9 -10% -13% 18 % |
-35% |
16.2 |
-28% |
-24% |
April Sale Price vs List Price Ratio |
90.5 %
4.1 % 1.1 % -. 4 %
|
. 3 % |
89.5 % |
-2% |
-1% |
* 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 16 , down 11.1 % from 18 in April of 2016 and 6.7 % higher than the 15 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and Property 2015 . April Sales YTD sales of 56 are running 33.3 % ahead of last April year ' Property s year-to-date sales sales were of 1642 , down . 11.1 % from 18 in April of 2016 and 6.7 % higher than the 15 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 56 are running 33.3 % ahead of last year ' s year-to-date sales of 42 .
Prices The Median Sales Price in April was $ 1,362,500 , down 0.9 % from $ 1,375,000 in April of 2016 and down 19.5 % from $ 1,692,500 last month . The Average Sales Price in April was
Prices $ 1,712,535 , up 5.4 % from $ 1,625,333 in April of 2016 and down The 12.8
Median
% from Sales $ 1,963,333
Price in last
April month was . $ April 1,362,500
2017
, ASP down was
0.9 at % the from highest
$ 1,375,000 level compared in April to of April 2016 of and 2016 down and 19.5 2015 % . from $ 1,692,500 last month . The Average Sales Price in April was $ 1,712,535 , up 5.4 % from $ 1,625,333 in April of 2016 and down 12.8 % from $ 1,963,333 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 222 , down 3.9 % from 231 last month and up 4.7 % from 212 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 222 , down 3.9 % from 231 last month and up 4.7 % from 212 in April of last year . April 2017 Inventory was at its highest 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 13.9 months was at its highest 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 13.9 months was at its highest level compared with April of 2016 and 2015 .
30 20
25 15
20 10
155
100
1,600 1,400 1,200
150 250
100 200
50 150
0 100
50
10
10 19 11 10 8 12 5 7 10 8 8
Number of Properties Sold
19 17 24 6 9 11 8
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 |
188 19 183
11 167
10 164
8 158
12
Total Inventory & Month ' s Supply of Inventory ( MSI )
171 5 177
7 169
10
183 195 196
181
Number of Properties Sold
169 168 156 138 138 144
11
162
158 9 10 7 7 18 8 14 12 10 8 17 9 8 13 12 15 16
183 208 212 212 207 200 200 198 204 203 215 212 221 221 231 222
F M A 40.0
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 . |
106 | coldwellbankerluxury . com
30
25
8 8 19 17 24 6 9 11 8 11 9 10 7 7 18 8 14 12 10 8 17 9 8 13
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 |
5 |
14 |
15 |
16 |
17 |
0 |
Median Sales Price and Average Sales Price |
3 Mo Avg |
|
3,000
M
14
2,800
|
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
|
2,600 |
Median Sales Price and Average Sales Price |
3 Mo Avg |
2,400 3,000 |
|
|
2,200 2,800 |
|
|
2,000 2,600 |
|
|
1,800 2,400 |
|
|
1,600 2,200 |
|
|
1,400 2,000 |
|
|
1,200 |
|
|
1,800 |
|
|
250 200
188
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 |
|
183
M J
14
167 164 158 171 177 169 183 195 196 181 169 168
J A S O N D J F M A M J 15
156 138 138 144 162 158
183
J A S O N D J
16
208 212 212 207 200
F M A M J
200 198 204 203 215 212 221 221 231
12 222
J A S O N D J F M A 17
3 Mo Avg
15 16
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0