FL ARCHIVED April 2017 | Page 80

Market Action Report
April 2017
MIAMI-DADE
COUNTY
County: Miami-Dade
Market Action Report
Agent Name
April 2017
Title
Phone
Agent
Name
Website
Title
Other
Phone Trending versus*:
Month
LM L3M PYM
LY
Website
$1,950,000
-2%
Other -1%
Community Information | School District
County: Miami-Dade
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
$3,338,481 -0% Trending -1%
versus*:
Trending versus*:
$1,592,500
-3% YTD Prior
0% Year
Month -0%
LM 0%
L3M -8%
PYM 0%
LY $1,600,000
YTD
Prior
$2,193,163
2%
5%
$1,950,000 -19%
-1% -11% -18%
-2% -6% $2,456,654
4,385 -1%
7%
$3,338,481
-0%
-1%
April Median
Number
of Properties
Sold
154 -3%
527
-7%
April
Sales
Price
$1,592,500
-0% 0% 5%
-8% 0% $1,600,000
-3%
0%
April Average
Average Sales
Days Price
on Market (Solds)
168 -19%
-8% -11%
-6% 46%
179
32%
28%
April
$2,193,163
-18% 20%
-6% $2,456,654
2%
5%
Asking
Price per Currently
Square Foot
on New Listings)
$832
$906
-1%
0%
Total
Properties
for (based
Sale (Inventory)
4,385 -10%
-1% -8% -9%
7% -8%
April Number
Sold Price
per Square Sold
Foot
$675
$712
1%
April
of Properties
154 -9%
-3% -5% -15%
5% -4%
527 -5%
-7%
April Average
Month's Days
Supply
Inventory
28.5
33.9
11%
April
on of
Market
(Solds)
168 2%
-8% -8%
-6% 1%
46% -7%
20%
179 22%
32%
28%
April Sale
Price
List Price
86.3%
.5% .7%
85.7%
-3%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$832 -10%
-8% -3.1%
-9% -1.9%
-8%
$906 -4%
-1%
0%
* 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
$675 -9% -5% -15% -4%
$712
-5%
1%
April Month's Supply of Inventory
28.5 2% -8% Number
1% -7% of Properties
33.9 Sold 22%
11%
Property
Sales
250
April
Sale Price
vs List Price Ratio
86.3% .5% .7% -3.1% -1.9%
85.7%
-4%
-3%
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
Total Properties
for Sale
(Inventory)
Average
List Price Currently
of all Current
Listings
3 Mo Avg
April Property
sales
were / 154,
up 5.5%
146
in April
2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month from
Prior Year
/ LY=Last
Year of
(2016)
/ YTD = Year-to-date
200
Number of Properties Sold
3 Mo Avg
250
150
200
100
143
133
100
0
150
50
and 2.5% lower than the 158 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 527 are running 7.2% behind last year's year-to-
Property Sales
date sales of 568.
April Property sales were 154, up 5.5% from 146 in April of 2016
and 2.5% lower than the 158 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 527 are running 7.2% behind last year's year-to-
date sales of 568.
3 Mo Avg
126
141
Median Sales Price and Average Sales Price
0
2,800
Prices
The Median Sales Price in April was $1,592,500, down 7.7%
from $1,725,000 in April of 2016 and down 0.0% from
$1,593,125 last month. The Average Sales Price in April was
$2,193,163, down 18.4% from $2,686,391 in April of 2016 and
Prices
down 18.8% from $2,699,925 last month. April 2017 ASP was
The
Median
Sales
in April
at the
lowest
level Price
compared
to was
April $1,592,500,
of 2016 and down
2015. 7.7%
from $1,725,000 in April of 2016 and down 0.0% from
$1,593,125 last month. The Average Sales Price in April was
$2,193,163, down 18.4% from $2,686,391 in April of 2016 and
down 18.8% from $2,699,925 last month. April 2017 ASP was
at the lowest level compared to April of 2016 and 2015.
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
50 14
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
2,600 14
15
16
17
2,400
Median Sales Price and Average Sales Price
2,200
2,800
3 Mo Avg
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
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
1,800 14
15
16
17
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 4,385, down 0.5% from 4,408 last month and up 7.0% from
A comparatively
lower
MSI April
is more
for was
sellers
4,097
in April of last
year.
2017 beneficial
Inventory
at its while a
higher level
MSI is
better for with
buyers.
April and
2017
MSI of 28.5
highest
compared
April The
of 2016
2015.
months was at its highest level compared with April of 2016 and
2015.
1,400
5,000
4,000
3,000
5,000
2,000
4,000
1,000
3,000
0
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 50.0
M A
14
15
16
17
40.0
The Total Inventory of Properties available for sale as of April
was 4,385, down 0.5% from 4,408 last month and up 7.0% from
4,097 in April of last year. April 2017 Inventory was at its
highest level compared with April of 2016 and 2015.
1,600
Total Inventory & Month's Supply of Inventory (MSI)
30.0
50.0
20.0
40.0
10.0
Inventory & MSI
0.0 30.0
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
2,000 14
15
16
17
20.0
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 28.5
10.0
1,000
months was at its highest level compared with April of 2016 and
0
0.0
2015.
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
and Up | Property Types: SFH - Con
M Association
J J A of REALTORS,
S O N D My Florida
J F M
A M MLS, J Naples
J A Area
S Board
O N of D
J F M REALTORS
A M J Association
J A S of O
N D Beaches,
J F Space
M A Coast Association of REA
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
Regional
REALTORS,
the Palm
14 any and all information relevant
15 to such consumer’s real estate transaction. 16
17
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify
80 | 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