FL ARCHIVED April 2018 | Page 124

Market Action Report
April 2018
Jupiter/Jupiter
Beach
Market Action Report
Title
Phone
Agent
Name
Website
Title Other
April 2018
Community Information | School District
Phone
Month
Website
Trending versus*:
LM L3M PYM
LY
$261 -1% 1% 10% 13%
$259
9%
12%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
April Month's Supply of Inventory
4.4 0% -9% 6% -20%
5.4 -20%
-0%
of 93.8%
Properties
April Sale Price vs List Price Ratio
93.6% .0% -.2% .3% Number
.2%
0% Sold 0%
30
20
10
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
15
16
17
18
* LM=Last
Month / L3M=Last
Property
Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
300
April Property sales were 159, down 22.8% from 206 in April of
2017 and 3.0% lower than the 164 sales last month. April 2018
250
Property
sales were Sales
at their lowest level compared to April of 2017 and 300
April
Property
sales sales
were of
159,
22.8% from
206
in April
of
2016.
April YTD
552 down
are running
4.0%
behind
last
200
2017
and
3.0% lower sales
than the
164 sales last month. April 2018
year's
year-to-date
of 575.
250
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
95%
94.5%
95%
94%
93.6%
93.3%
94%
93%
92%
92%
91%
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
18
600
400
8.0
6.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
8.0
6.0
4.0
2.0
0.0
10.0
10.0
Total Inventory & Month's Supply of Inventory (MSI)
18
1,000
900
800
700
600
500
400
300
200
100
0
17
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in April 2018 was 242, up 8.0% from 224 last month
and down 7.3% from 261 in April of last year.
16
Total Inventory & Month's Supply of Inventory (MSI)
A comparatively lower MSI is more beneficial for sellers while a 400
4.0
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
MSI is better
April 2018
MSI while
of 4.4 a
200
higher
MSI
is better
for buyers.
April 2018
MSI
of 4.4
2.0
months
was
at its highest
level The
compared
with
April
of 2017 and 200
months
0
2016. was at its highest level compared with April of 2017 and
0
0.0
2016.
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
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
18
15
16
17
18
.
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The April 2018 Selling Price vs Original
List Price of 93.6% was equal to 93.6% last month and up from
93.3% in April of last year.
93%
600
237
233
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
18
168
3 Mo Avg
3 Mo Avg
261
1,000
300
290
280
270
260
250
240
230
220
210
200
15
was Total
693, Inventory
down 2.9%
from 714 last
month for
and
down
The
of Properties
available
sale
as of 18.2%
April from
847 693,
in April
last from
year. 714
April
Inventory
was
at its
lowest 1,000
was
down of 2.9%
last 2018
month
and down
18.2%
from
800
level
April
of 2018
2017 Inventory
and 2016. was at its lowest
847
in compared
April of last with
year.
April
800
level compared with April of 2017 and 2016.
124 | c
154
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
800
750
700
650
600
550
500
450
400
350
300
650
600
550
500
450
400
350
300
M J J A S O N D J Median
F M A M J Sales
J A S Price
O N D
J F Average
M A M J Sales
J A S Price
O N D J F M A
and
3 Mo Avg
15
16
17
18
Prices
$767,690 last month. April 2018 ASP was at the highest level
compared to April of 2017 and 2016.
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
18
0
0
50 50
100
100
The Median Sales Price in April was $495,000, up 23.8% from
$400,000 in April of 2017 and up 3.1% from $480,000 last
Prices
The
Median
Sales
Price Sales
in April
was in
$495,000,
23.8% from
month.
The
Average
Price
April was up
$699,231,
up
800
$400,000
in April
of 2017
up of 3.1%
from
last
30.8% from
$534,682
in and
April
2017
and $480,000
down 8.9%
from
month.
The last
Average
Sales
Price
in April
up level 750
$767,690
month.
April
2018
ASP was
was $699,231,
at the highest
700
30.8%
from to
$534,682
April
of 2017
compared
April of in
2017
and
2016. and down 8.9% from
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The April 2018 Selling Price per Square Foot of $261 was down
0.9% from $264 last month and up 10.4% from 237 in April of
last year.
150
150
Number of Properties Sold
200
sales were at their lowest level compared to April of 2017 and
2016. Apri l YTD sales of 552 are running 4.0% behind last
year's year-to-date sales of 575.
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
40
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
3%
6%
12%
-0%
0%
60
April Sold Price per Square Foot
April Average Days on Market (Solds)
20% -4% 14%
552
27%
74
0% 28%
19%
$297
10%
552
-4%
13%
$259
9%
74
0%
3%
-20%
5.4 -20%
$297
10%
6%
.2%
93.8%
0%
70
50
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
$467,000
-3% $687,225
75
73
70
Total Properties Currently for Sale (Inventory)
27%
80
April Average Days on Market (Solds)
$687,225
14%
28%
90
April Average Sales Price
21%
31%
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 70, down 18.6% from
86 days last month and down 6.7% from 75 days in April of last
year. The April 2018 DOM was at its lowest level compared with
April of 2017 and 2016.
3 Mo Avg
100
April
Sales
Price
April Median
Number
of Properties
Sold
Trending versus*:
YTD
Prior YTD 20%
Prior Year
$467,000
Days On Market for Sold Properties
Market Time
Average
List Price Currently
of all Current
Total Properties
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all
Current Listings
April Average
Sales
Price
Community Information | School District
Price Range: All | Properties: SFH - Con
$599,000
1%
7%
Other
$1,330,617 Trending
3%
21%
versus*:
Month
LM 3%
L3M 6%
PYM 24%
LY
$495,000
$599,000
1% -9% 2%
7% 31%
$699,231
$1,330,617 693
3% -3% 21% -18%
$495,000 159
3% -3%
6% 24% -23%
21%
$699,231 -9%
2%
31%
31%
70 -19% -5% -7%
693 -3%
-18%
$331 22% 11% 22%
159 -3%
-23%
$261 -1% 1% 10%
70 -19% -5% -7% -3%
4.4 0% -9% 6%
$331 22% 11% 22% 19%
93.6% .0% -.2% .3%
Average List Price of all Current Listings
Title
Phone
Website
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Agent Name
Price Range: All | Properties: SFH - Con
April 2018
Jupiter/Jupiter Beach
City: Jupiter
City: Jupiter
Agent Name
City: Jupiter
Market Action Report
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
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | 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 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.
.
| 125
Data is is provided
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Naples
Board of REALTORS,
of the Palm
Beaches,
Space Coast
Association Flagler
of REALTORS,
Flagler County
Association
of REALTORS,
Bonita
Springs-Estero
Association
REALTORS,
Royal Palm
Coast REALTOR
Association,
Navarre Area
Board c
of o
REALTORS,
of REALTORS,
of REALTORS
may n
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
l
d w e Emerald
l b Coast
a n Association
k e r Association
h
ome
s Pensacola
c o and
m Association
Data
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My Regional
Naples
Area
Board Area
of REALTORS,
REALTORS REALTORS
Association of Association
the Palm Beaches,
Space
Coast Association
of REALTORS,
County Association
of REALTORS,
Bonita
Springs-Estero
Association
of REALTORS,
Royal of
Palm
Coast REALTOR
Association,
Navarre Area
Board of REALTORS,
Emerald
Coast
Association
of l REALTORS,
Pensacola
of REALTORS
may not reflect
all relevant and
real estate
does not not warrant
warrant
guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
verify
and all information
relevant
to such consumer’s
estate transaction.
does
or or
guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller or to seller
verify to any
and any
all information
relevant to
such consumer’s
real estate real
transaction.