FL ARCHIVED April 2017 | Page 72

Market Action Report
April 2017
FORT
LAUDERDALE BEACH
City: Fort LAUDERDALE/FORT
Lauderdale
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,995,000
-0%
Other 0%
Community Information | School District
City: Fort Lauderdale
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
$3,111,561
$1,337,500
Month
$1,824,130
$1,995,000
Total Properties
for Sale
(Inventory)
575
Average
List Price Currently
of all Current
Listings
$3,111,561
April Median
Number Sales
of Properties
Sold
26
April
Price
$1,337,500
April Average
Average Sales
Days Price
on Market (Solds)
172
April
$1,824,130
Asking
Price per Currently
Square Foot
(based
on New Listings)
$613
Total
Properties
for Sale
(Inventory)
575
April Number
Sold Price
per Square Sold
Foot
$478
April
of Properties
26
April Average
Month's Days
Supply
Inventory
22.1
April
on of
Market
(Solds)
172
April Sale
Price
List Price
91.3%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$613
* 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
$478
April Month's Supply of Inventory
22.1
Property
Sales
April
Sale Price
vs List Price Ratio
91.3%
50
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 / 26,
down Month
13.3%
30 in April
of / YTD = Year-to-date
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Prior from
Year / LY=Last
Year (2016)
-8%
0%
-2%
1%
-32%
1%
-2%
-8%
-3%
-2%
-12%
-32%
43%
-2%
5.2%
-3%
-12%
43%
5.2%
-7%
-7%
5%
-7%
-3%
-13%
-1%
5%
2.7%
-3%
-13%
-1%
2.7%
Trending versus*:
$1,436,000
-12%
-7%
YTD
Prior
YTD Prior
Year
-4% -10% $1,964,786
-10%
-3%
-0%
-4%
6%
-13% -14% $1,436,000
107 -12%
2%
-16%
-7%
-21%
-2% $1,964,786
164 -10%
-2%
-7%
-4% -10%
-3%
-10%
$635
-4%
-2%
-4% -5%
-11% -13%
$551
-1%
1%
-13%
107
2%
11% -2%
-0%
22.8
-4%
3%
-21%
164
-2%
-7%
-1.0% -5%
.2%
88.9%
-3%
-2%
-10%
$635
-4%
-11% -13%
$551
-1%
1%
Number
11%
-0% of Properties
22.8 Sold
-4%
3%
-1.0% .2%
88.9%
-3%
-2%
3 Mo Avg
Number of Properties Sold
40
3 Mo Avg
35
50
30
45
33
24
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
15
30
10
25
5
20
0
15
25
40
20
35
10
Prices
1% Trending versus*:
6%
1% L3M
-7% -16%
LM
PYM -14%
LY
45
2016 and 31.6% lower than the 38 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April Sales
YTD sales of 107 are running 1.9% ahead of last
Property
year's
year-to-date
April
Property
sales sales
were of
26, 105.
down 13.3% from 30 in April of
2016 and 31.6% lower than the 38 sales last month. April 2017
sales were at their lowest level compared to April of 2016 and
2015. April YTD sales of 107 are running 1.9% ahead of last
year's year-to-date sales of 105.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
0
The Median Sales Price in April was $1,337,500, down 16.4%
2,800 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 $1,600,000 in April of 2016 and up 0.7% from $1,328,750
15
16
17
2,600 14
last month. The Average Sales Price in April was $1,824,130,
down
3.7%
from
$1,894,900
in
April
of
2016
and
down
8.3%
2,400
Median
Sales
Price
and
Average
Sales
Price
Prices
3 Mo Avg
from
$1,988,721
month.
April
ASP was down
at the 16.4%
lowest
The
Median
Sales last
Price
in April
was 2017
$1,337,500,
2,200
2,800
level
compared
to
April
of
2016
and
2015.
from $1,600,000 in April of 2016 and up 0.7% from $1,328,750
2,000
2,600
last month. The Average Sales Price in April was $1,824,130,
down 3.7% from $1,894,900 in April of 2016 and down 8.3%
from $1,988,721 last month. April 2017 ASP was at the lowest
level compared to April of 2016 and 2015.
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
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 575, down 1.9% from 586 last month and down 3.8% from
598 in April of last year. April 2017 Inventory was at a mid 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
700
40.0
14
15
16
17
35.0
600
30.0
500
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
25.0
The Total Inventory of Properties available for sale as of April
400
700
40.0
20.0
was 575, down 1.9% from 586 last month and down 3.8% from
300
35.0
15.0
598 in April of last year. April 2017 Inventory was at a mid level 600
A comparatively lower MSI is more beneficial for sellers while a 200
compared with April of 2016 and 2015.
30.0
10.0
500
higher MSI is better for buyers. The April 2017 MSI of 22.1
100
25.0
5.0
months was at its highest level compared with April of 2016 and 400
20.0
0
0.0
2015.
300
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 15.0
A comparatively lower MSI is more beneficial for sellers while a 200
14
15
16
17
10.0
higher MSI is better for buyers. The April 2017 MSI of 22.1
100
5.0
months was at its highest 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
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 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.
72 | 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.