FL ARCHIVED April 2017 | Page 123

Market Action Report April 2017 STUART City: Stuart Agent Name Market Action Report April 2017 Title Phone Agent Website Name Title Other Phone Trending versus*: Month Website LM L3M PYM LY $1,849,000 3% Other -5% Community Information | School District City: Stuart Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con Trending versus*: Prior YTD Prior Year YTD $2,262,327 -6% Trending -13% versus*: Trending versus*: $1,200,000 $1,450,000 -24% -9% Month -14% LM -17% L3M -48% PYM -25% LY YTD Prior YTD Prior Year $1,618,333 -34% -14% -5% $1,849,000 -5% -25% -47% 3% -28% $2,145,536 Total Properties for Sale (Inventory) 129 -6% 2% -2% Average List Price Currently of all Current Listings $2,262,327 -13% April Median Number Sales of Properties Sold -63% -17% -48% -31% -25% $1,450,000 42 -24% 40% April Price $1,200,000 9 -14% -9% April Average Average Sales Days Price on Market (Solds) 96 -34% -62% -25% -48% -47% -68% -28% -60% $2,145,536 185 -34% -22% April $1,618,333 -14% -5% Asking Price per Currently Square Foot (based on New Listings) $467 8% 0% $520 12% 12% Total Properties for Sale (Inventory) 129 -22% 2% -10% -2% April Number Sold Price per Square Sold Foot $390 9 -63% -15% -12% -31% -16% -5% $443 -2% 8% April of Properties 42 40% April Average Month's Days Supply Inventory 14.3 171% -48% -36% -68% 42% -60% -29% 22.4 8% 12% April on of Market (Solds) 96 -62% 185 -34% -22% April Sale Price List Price 85.6% -4.0% -10% -2.4% 2.0% 87.7% 6% 7% Asking Price per vs Square Foot Ratio (based on New Listings) $467 -22% 8% 4.9% 0% $520 12% 12% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sold Price per Square Foot $390 -15% -12% -16% -5% $443 -2% 8% Number April Month's Supply of Inventory 14.3 171% -36% 42% -29% of Properties 22.4 Sold 8% 12% Property Sales April Sale Price vs List Price Ratio 85.6% -4.0% -2.4% 2.0% 4.9% 87.7% 6% 7% 30 Average List Price of all Current Listings April Median Sales Price Market Profile & Trends Overview April Average Sales Price Median List Price of all Current Listings 3 Mo Avg April Property sales were / 9, down 30.8% from in April of / YTD = Year-to-date * LM=Last Month / L3M=Last 3 Months PYM=Same Month Prior Year / 13 LY=Last Year (2016) 2016 and 62.5% lower than the 24 sales last month. April 2017 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 42 are running 40.0% ahead of last year's Property Sales year-to-date 30. 9, down 30.8% from 13 in April of April Property sales sales of were 2016 and 62.5% lower than the 24 sales last month. April 2017 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 42 are running 40.0% ahead of last year's year-to-date sales of 30. 25 Number of Properties Sold 3 Mo Avg 30 20 25 15 20 10 7 4 Median Sales Price and Average Sales Price 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 5 Prices 10 0 15 5 3 Mo Avg 0 The Median Sales Price in April was $1,200,000, down 47.8% 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 from $2,300,000 in April of 2016 and down 14.0% from 4,100 14 15 16 17 $1,395,000 last month. The Average Sales Price in April was 3,600 $1,618,333, down 46.5% from $3,027,231 in April of 2016 and Median Sales Price and Average Sales Price Prices 3 Mo Avg down 34.1% Sales from Price $2,457,083 April 2017 was at The Median in April last was month. $1,200,000, down ASP 47.8% 3,100 the lowest level compared to April of 2016 and 2015. from $2,300,000 in April of 2016 and down 14.0% from 4,100 2,600 $1,395,000 last month. The Average Sales Price in April was 3,600 $1,618,333, down 46.5% from $3,027,231 in April of 2016 and down 34.1% from $2,457,083 last month. April 2017 ASP was at 2,100 3,100 the lowest level compared to April of 2016 and 2015. 1,600 2,600 1,100 2,100 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 1,600 Inventory & MSI The Total Inventory of Properties available for sale as of April was 129, up 1.6% from 127 last month and down 1.5% from 131 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. 1,100 Total Inventory & Month's Supply of Inventory (MSI) 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 180 180.0 14 15 16 17 160 160.0 140 140.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 120 120.0 The Total Inventory of Properties available for sale as of April 100 100.0 180 180.0 was 129, up 1.6% from 127 last month and down 1.5% from 131 80 80.0 160 160.0 in April of last year. April 2017 Inventory was at its lowest level 60 60.0 A comparatively lower MSI is more beneficial for sellers while a 140 140.0 compared with April of 2016 and 2015. 40 40.0 higher MSI is better for buyers. The April 2017 MSI of 14.3 120 120.0 20 20.0 months was at a mid level compared with April of 2016 and 100.0 100 0 0.0 2015. 80.0 80 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 60.0 60 A comparatively lower MSI is more beneficial for sellers while a 14 15 16 17 40.0 40 higher MSI is better for buyers. The April 2017 MSI of 14.3 20.0 2 0 months was at a mid level compared with April of 2016 and 0.0 0 2015. M J and J Up A | S Property O N Types: D J SFH F - M Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 Con 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 Association of REALTORS, 15 17 Beaches, Space Coast Association of REAL Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami My Florida Regional MLS, Naples Area Board of 16 REALTORS, REALTORS Association of the Palm 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con Coldwell Banker Global Luxury SM | 123 Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REA 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.