FL ARCHIVED April 2017 | Page 70

Market Action Report
April 2017
BROWARD
COUNTY
County: Broward
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,749,000
-0%
Other 0%
Community Information | School District
County: Broward
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
$2,508,076
$1,475,000
Month
$1,702,150
$1,749,000
Total Properties
for Sale
(Inventory)
1,425
Average
List Price Currently
of all Current
Listings
$2,508,076
April Median
Number Sales
of Properties
Sold
56
April
Price
$1,475,000
April Average
Average Sales
Days Price
on Market (Solds)
154
April
$1,702,150
Asking
Price per Currently
Square Foot
(based
on New Listings)
$526
Total
Properties
for Sale
(Inventory)
1,425
April Number
Sold Price
per Square Sold
Foot
$481
April
of Properties
56
April Average
Month's Days
Supply
Inventory
25.4
April
on of
Market
(Solds)
154
April Sale
Price
List Price
91.4%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$526
* 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
$481
April Month's Supply of Inventory
25.4
Property
Sales
April
Sale Price
vs List Price Ratio
91.4%
100
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
April Property
sales
were / 56,
down Month
12.5%
64 in April
of / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Prior from
Year / LY=Last
Year (2016)
3 Mo Avg
Number of Properties Sold
80
3 Mo Avg
70
100
60
90
69
51
Median Sales Price and Average Sales Price
10
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
30
60
20
50
10
40
0
30
50
80
40
70
20
Prices
-0% Trending versus*:
1%
Trending versus*:
1% L3M
1% PYM
-4% 4%
$1,461,750
-4%
3% Year
LM
LY
YTD
Prior
YTD Prior
-23%
-7% -7% $1,989,446
1%
8%
0% -14% -0%
0%
3%
-0%
1%
-33%
238
10%
1% 1% -13%
-4% 4% $1,461,750
-4%
3%
3% -14%
1% -11%
-3% $1,989,446
152
2%
-4%
-23%
-7% -7%
1%
8%
-4%
$524
-4%
-2%
0% 0% 3% -2%
-1% -13% -13%
1% 6%
$554
15%
21%
-33%
238
10%
48%
17% 11%
24.9
-2%
9%
3% 12%
1% -11%
-3%
152
2%
-4%
2.4%
.6%
90.0%
-0%
-1%
-4% 1.6%
0% .7%
3% -2%
$524
-4%
-2%
-1% -13% 1% 6%
$554
15%
21%
Number
48% 12% 17%
11% of Properties
24.9 Sold
-2%
9%
2.4% 1.6% .7% .6%
90.0%
-0%
-1%
90
2016 and 32.5% lower than the 83 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April Sales
YTD sales of 238 are running 9.7% ahead of last
Property
year's
year-to-date
April
Property
sales sales
were of
56, 217.
down 12.5% from 64 in April of
2016 and 32.5% lower than the 83 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April YTD sales of 238 are running 9.7% ahead of last
year's year-to-date sales of 217.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
0
The Median Sales Price in April was $1,475,000, down 4.1%
2,400 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 $1,537,500 in April of 2016 and up 0.8% from $1,463,500
14
15
16
17
last month. The Average Sales Price in April was $1,702,150,
2,200
down
7.4%
from
$1,838,734
in
April
of
2016
and
down
22.9%
Median
Sales
Price
and
Average
Sales
Price
Prices
3 Mo Avg
from
$2,206,756
last month.
ASP was down
at the
lowest
2,000
The
Median
Sales Price
in April April
was 2017
$1,475,000,
4.1%
2,400
level
compared
to
April
of
2016
and
2015.
from $1,537,500 in April of 2016 and up 0.8% from $1,463,500
1,800
last month. The Average Sales Price in April was $1,702,150,
2,200
down 7.4% from $1,838,734 in April of 2016 and down 22.9%
1,600
from $2,206,756 last month. April 2017 ASP was at the lowest
2,000
level compared to April of 2016 and 2015.
1,400
1,800
1,200
1,600 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
1,400
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 1,425, up 0.1% from 1,423 last month and up 2.7% from
1,387 in April of last year. April 2017 Inventory was at its
highest level compared with April of 2016 and 2015.
1,200
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
1,600
35.0
14
15
16
17
1,400
30.0
1,200
25.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
1,000
The Total Inventory of Properties available for sale as of April
20.0
1,600
35.0
800
was 1,425, up 0.1% from 1,423 last month and up 2.7% from
15.0
1,400
600
1,387 in April of last year. April 2017 Inventory was at its
30.0
A comparatively lower MSI is more beneficial for sellers while a
10.0
highest level compared with April of 2016 and 2015.
1,200
400
25.0
higher MSI is better for buyers. The April 2017 MSI of 25.4
5.0
200
months was at its highest level compared with April of 2016 and 1,000
20.0
800 0
0.0
2015.
15.0
600 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
A comparatively lower MSI is more beneficial for sellers while a
10.0
14
15
16
17
400
higher MSI is better for buyers. The April 2017 MSI of 25.4
5.0
200
months was at its highest level compared with April of 2016 and
0
0.0
2015.
M J and J Up A | Property
S O Types:
N D SFH
J F - Con
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
14 Association of REALTORS, My
15 Florida Regional MLS, Naples Area Board of REALTORS,
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
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.
70 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.