FL ARCHIVED April 2017 | Page 74

Market Action Report
April 2017
HOLLYWOOD
City: Hollywood
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,725,000
-8%
Other -3%
Community Information | School District
City: Hollywood
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
$2,061,163 -1% Trending -10%
versus*:
Trending versus*:
$1,506,500
7% -20%
$1,410,000
-13%
-12%
Month 19%
LM L3M
PYM -6%
LY
YTD
Prior
YTD Prior
Year
$1,662,167 -3%
19% 10% -8%
-7% -5% $1,515,235
-14%
-14%
$1,725,000
Total Properties
for Sale
(Inventory)
195 -1%
-3%
28%
Average
List Price Currently
of all Current
Listings
$2,061,163
-10%
April Median
Number Sales
of Properties
Sold
-25% -6% $1,410,000
21 -13%
17%
April
Price
$1,506,500 3 -63%
19% 7% -20%
-12%
April Average
Average Sales
Days Price
on Market (Solds)
128 -13%
4% -25%
189 -14%
28%
11%
April
$1,662,167
19% -32%
10% -7%
-5% $1,515,235
-14%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$637
19% 3%
$630
-3%
2%
Total
Properties
for Sale
(Inventory)
195 -16%
-3% 1% 28%
April Number
Sold Price
per Square Sold
Foot
$823 3 -63%
88% 63% -25%
78% 59%
$504
-5%
-3%
April
of Properties
21
17%
April Average
Month's Days
Supply
Inventory
65.0
160% -32%
70% 71%
25%
53.1
48%
2%
April
on of
Market
(Solds)
128 -13%
4% -25%
189
28%
11%
April Sale
Price
List Price
87.4%
-9.1% -2.8%
90.0%
6%
2%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$637 -16%
1% -1.8%
19% -.9%
3%
$630
-3%
* 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
$823 88% 63% 78% 59%
$504
-5%
-3%
Number
April Month's Supply of Inventory
65.0 160% 70% 71%
25% of Properties
53.1 Sold
48%
2%
Property
Sales
April
Sale Price
vs List Price Ratio
87.4% -9.1% -2.8% -1.8% -.9%
90.0%
6%
2%
16
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 / 3,
down 25.0%
from
in April
2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month Prior
Year / 4 LY=Last
Year of
(2016)
/ YTD = Year-to-date
last month. The Average Sales Price in April was $1,662,167,
down 7.1% from $1,789,375 in April of 2016 and up 19.2% from
$1,394,181 last month. April 2017 ASP was at the lowest level
compared to April of 2016 and 2015.
3 Mo Avg
5
Number of Properties Sold
12
16
10
14
8
12
6
10
4
8
2
6
0
4
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
2
Prices
The Median Sales Price in April was $1,506,500, down 19.6%
from $1,873,750 in April of 2016 and up 19.2% from $1,264,223
last month. The Average Sales Price in April was $1,662,167,
down 7.1% from $1,789,375 in April of 2016 and up 19.2% from
Prices
$1,394,181
month.
April
2017
was at the down
lowest
level
The
Median last
Sales
Price in
April
was ASP
$1,506,500,
19.6%
compared
to April
2016
from
$1,873,750
in of
April
of and
2016 2015.
and up 19.2% from $1,264,223
14
and 62.5% lower than the 8 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales
of 21 are running 16.7% ahead of last year's year-
Property
Sales
to-date
sales of sales
18. were 3, down 25.0% from 4 in April of 2016
April
Property
and 62.5% lower than the 8 sales last month. April 2017 sales
were at their lowest level compared to April of 2016 and 2015.
April YTD sales of 21 are running 16.7% ahead of last year's year-
to-date sales of 18.
3 Mo Avg
0
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
15
16
17
2,200 14
2,000
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
1,400
1,200
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 195, down 2.5% from 200 last month and up 28.3% from
152 in April of last year. April 2017 Inventory was at its highest
level compared with April of 2016 and 2015.
1,000
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
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
250
180.0
14
15
16
17
160.0
200
140.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
120.0
150
The Total Inventory of Properties available for sale as of April
100.0
250
180.0
was 195, down 2.5% from 200 last month and up 28.3% from
80.0
160.0
100
152 in April of last year. April 2017 Inventory was at its highest
60.0
A comparatively lower MSI is more beneficial for sellers while a 200
140.0
level compared with April of 2016 and 2015.
40.0
higher MSI is better for buyers. The April 2017 MSI of 65.0
50
120.0
20.0
months was at its highest level compared with April of 2016 and 150
100.0
0
0.0
2015.
80.0
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
60.0
A comparatively lower MSI is more beneficial for sellers while a
14
15
16
17
40.0
higher MSI is better for buyers. The April 2017 MSI of 65.0
50
20.0
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
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.
74 | 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.