FL ARCHIVED April 2017 | Page 94

Market Action Report
April 2017
PINECREST
City: Pinecrest
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$2,495,000
16%
Other 1%
Community Information | School District
City: Pinecrest
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
$2,704,467
$1,500,000
Month
$1,660,455
$2,495,000
Total Properties
for Sale
(Inventory)
168
Average
List Price Currently
of all Current
Listings
$2,704,467
April Median
Number Sales
of Properties
Sold
11
April
Price
$1,500,000
April Average
Average Sales
Days Price
on Market (Solds)
123
April
$1,660,455
Asking
Price per Currently
Square Foot
(based
on New Listings)
$429
Total
Properties
for Sale
(Inventory)
168
April Number
Sold Price
per Square Sold
Foot
$337
April
of Properties
11
April Average
Month's Days
Supply
Inventory
15.3
April
on of
Market
(Solds)
123
April Sale
Price
List Price
91.4%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$429
* 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
$337
April Month's Supply of Inventory
15.3
Property
Sales
April
Sale Price
vs List Price Ratio
91.4%
18
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 / 11,
down Month
8.3% Prior
from
in April
of 2016
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Year 12
/ LY=Last
Year (2016)
/ YTD = Year-to-date
3 Mo Avg
Number of Properties Sold
14
3 Mo Avg
18
12
16
10
14 8
12 6
5
8
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
4
2
6 0
10 4
8 2
Prices
-0% Trending versus*:
14%
Trending versus*:
-27%
2% -16%
$1,472,750
2% YTD Prior
2% Year
LM L3M
PYM 4%
LY
YTD
Prior
-24%
-3%
-5%
1% -4% -13%
16% -9% $1,736,018
11%
13%
-0%
14%
57% 2% -16%
-8% 4% $1,472,750
28 -15%
-27%
2%
2%
-35% -17%
84% -9%
8% $1,736,018
149
28%
31%
-24%
-4% -13%
-3%
-5%
3% 0% 13%
18% 8%
$427
9%
8%
11%
2% 1% -8%
-2% -3%
$333
-1%
-4%
57%
28 -15%
-30% -17%
-36% 84%
23% -11%
23.2
20%
35%
-35%
8%
149
28%
31%
3.2%
-.4% 1.1%
90.0%
-0%
-0%
3% 1.6%
0% 18%
8%
$427
9%
8%
2% 1% -2% - 3%
$333
-1%
-4%
Number
-30% -36% 23%
-11% of Properties
23.2 Sold
20%
35%
3.2% 1.6% -.4% 1.1%
90.0%
-0%
-0%
16
and 57.1% higher than the 7 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of
28 are running 15.2% behind last year's year-to-
Property
Sales
date Property
sales of 33.
April
sales were 11, down 8.3% from 12 in April of 2016
and 57.1% higher than the 7 sales last month. April 2017 sales
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 28 are running 15.2% behind last year's year-to-
date sales of 33.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
0
The Median Sales Price in April was $1,500,000, down 15.9%
2,500 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 $1,783,000 in April of 2016 and down 27.1% from
15
16
17
$2,058,000 last month. The Average Sales Price in April was
2,300 14
$1,660,455,
down
12.7%
from
$1,901,250
in
April
of
2016
and
Median
Sales
Price
and
Average
Sales
Price
Prices
3 Mo Avg
down
23.9% Sales
from Price
$2,181,143
month.
April 2017
ASP
was at 2,100
The
Median
in April last
was
$1,500,000,
down
15.9%
2,500
the
lowest
level
compared
to
April
of
2016
and
2015.
1,900
from $1,783,000 in April of 2016 and down 27.1% from
$2,058,000 last month. The Average Sales Price in April was
2,300
1,700
$1,660,455, down 12.7% from $1,901,250 in April of 2016 and
1,500
down 23.9% from $2,181,143 last month. April 2017 ASP was at 2,100
the lowest level compared to April of 2016 and 2015.
1,900
1,300
1,700
1,100
1,500
1,300
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 168, up 10.5% from 152 last month and up 12.8% from 149
in April of last year. April 2017 Inventory was at its highest level
compared with April of 2016 and 2015.
1,100
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
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
40.0
14
15
16
17
160
35.0
140
30.0
Total
Inventory
&
Month's
Supply
of
Inventory
(MSI)
Inventory & MSI
120
25.0
The Total Inventory of Properties available for sale as of April
100
40.0
180
20.0
was 168, up 10.5% from 152 last month and up 12.8% from 149
80
35.0
15.0
in April of last year. April 2017 Inventory was at its highest level 160
60
A comparatively lower MSI is more beneficial for sellers while a 140
compared with April of 2016 and 2015.
30.0
10.0
40
higher MSI is better for buyers. The April 2017 MSI of 15.3
120
25.0
5.0
20
months was at a mid level compared with April of 2016 and
100
20.0
0
0.0
2015.
80
60 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
14
15
16
17
10.0
40
higher MSI is better for buyers. The April 2017 MSI of 15.3
5.0
20
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
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.
94 | 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.