Market Action Report April 2017
WELLINGTON
City : Wellington
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 |
$ 2,595,000 |
-6% |
|
-10% |
|
|
|
|
Average List Price of all Current Listings |
$ 4,534,628 |
-2% |
|
-1% |
|
|
|
|
April Median Sales Price |
$ 2,210,000 |
38 % |
16 % -39% |
5 % |
$ 1,912,500 |
13 % |
-9% |
April Average Sales Price |
$ 2,402,400 |
-46% -29% -63% -32% |
$ 3,396,458 |
-8% |
-4% |
Total Properties Currently for Sale ( Inventory ) |
207 |
0 % |
11 % |
|
|
April Number of Properties Sold |
10 |
43 % |
25 % |
24 |
-14% |
April Average Days on Market ( Solds ) |
146 -18% -19% -38% -38% |
180 |
-21% |
-24% |
Asking Price per Square Foot ( based on New Listings ) |
$ 561 |
-55% -41% 30 % |
-31% |
$ 946 |
26 % |
16 % |
April Sold Price per Square Foot |
$ 739 |
4 % |
-18% -39% -11% |
$ 905 |
23 % |
9 % |
April Month ' s Supply of Inventory |
20.7 -30% -47% -11% -44% |
41.4 |
47 % |
12 % |
April Sale Price vs List Price Ratio |
90.8 %
3.3 % 3.8 % 2.9 % 2.3 %
|
87.5 % |
0 % |
-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 10 , up 25.0 % from 8 in April of 2016 and 42.9 % higher than the 7 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 . April
Property YTD sales of Sales 24 are running 14.3 % behind last year ' s year-todate Property sales of 28 sales . were 10 , up 25.0 % from 8 in April of 2016
April and 42.9 % higher than the 7 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 . April YTD sales of 24 are running 14.3 % behind last year ' s year-todate sales of 28 .
Prices The Median Sales Price in April was $ 2,210,000 , down 39.5 % from $ 3,650,000 in April of 2016 and up 38.0 % from $ 1,601,000 last month . The Average Sales Price in April was
Prices $ 2,402,400 , down 63.1 % from $ 6,508,125 in April of 2016 and The down
Median
45.6 % Sales from Price $ 4,418,000 in April last was month $ 2,210,000
. April , 2017 down ASP 39.5 was % from at the
$ 3,650,000 lowest level in compared April of 2016 to April and of up 2016
38.0 and % from
2015 .
$ 1,601,000 last month . The Average Sales Price in April was $ 2,402,400 , down 63.1 % from $ 6,508,125 in April of 2016 and down 45.6 % from $ 4,418,000 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 207 , equal to 207 last month and up 10.7 % from 187 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 207 , equal to 207 last month and up 10.7 % from 187 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 20.7 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 20.7 months was at a mid level compared with April of 2016 and 2015 .
14 |
|
|
12 |
Number of Properties Sold |
3 Mo Avg |
|
16
10
|
|
|
|
14
8
|
|
|
|
12
6
|
|
|
|
10
4
|
|
|
|
8
2
|
|
|
|
6
0
|
|
|
4 |
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 |
|
2
0
|
14 |
15
16
Median Sales Price and Average Sales Price
|
17
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 |
6,00014 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
5,000 |
Median Sales Price and Average Sales Price |
2,000 1,000
12
4,000 6,000
3,000 5,000
2,000 4,000
1,000 3,000
150 250
100 200
50 150
0 100
50
12 2 6
Agent Name
Title Phone Website Other
5 6 3 8 6
2 6 5 6 3 8 6 7 8 5 15 13 10 2 1 6 10
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 |
159 152 147 147 167 161 159 169
7
Total Inventory & Month ' s Supply of Inventory ( MSI )
188 190 191 180
Number of Properties Sold
159 143 145 154 152 169 166 168 181 194 199 187
168
150 135 144 172 167 167 169
190 204 207 207
4 9 7 5 8 8 15 11 9 8 6 3 8 1 4 3 7 10
F M A 180.0
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 : J SFH
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 17Beaches , 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 . |
108 | coldwellbankerluxury . com
16
250
200
8 5 15 13 10 2 1 6 10 4 9 7 5 8 8 15 11 9 8 6 3 8 1 4 3 7 10
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 |
|
159 152 147 147 167 161 159 169
M 14
J
J A S O N D J 15
188 190 191 180
F M A M J
159 143 145 154 152 169 166 168
181 194 199 187
168
150 135 144 172 167 167 169
190 204 207 207
J A S O N D J 16
F M A M J
J A S O N D J 17
F M A
3 Mo Avg
160.0 140.0
120.0 100.0 180.0
80.0 160.0 60.0 140.0 40.0
20.0 120.0
0.0 100.0 80.0 60.0 40.0 20.0 0.0