Market Action Report December 2017
Community Information | School District
Market Action Report December 2017
City : Coral Springs
Price Range : All | Properties : SFH - Con
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 389,450 |
0 % |
|
12 % |
|
|
|
|
Average List Price of all Current Listings |
$ 383,084 |
-3% |
|
10 % |
|
|
|
|
December Median Sales Price |
$ 332,000 |
29 % |
7 % |
2 % |
2 % |
$ 345,000 |
6 % |
6 % |
December Average Sales Price |
$ 309,086 |
18 % |
10 % |
5 % |
3 % |
$ 315,985 |
5 % |
5 % |
Total Properties Currently for Sale ( Inventory ) |
396 |
-6% |
|
-10% |
|
|
|
|
December Number of Properties Sold |
51 |
-6% |
|
-68% |
|
1,455 |
-34% |
|
December Average Days on Market ( Solds ) |
46 -34% -30% -26% -39% |
52 |
-32% |
-31% |
Asking Price per Square Foot ( based on New Listings ) |
$ 139 |
-3% |
-2% |
-9% |
-5% |
$ 155 |
6 % |
5 % |
December Sold Price per Square Foot |
$ 134 |
-2% |
1 % |
-5% |
-4% |
$ 148 |
6 % |
6 % |
December Month ' s Supply of Inventory |
7.8 |
-1% |
-3% 177 % 107 % |
4.9 |
31 % |
31 % |
December Sale Price vs List Price Ratio |
94.9 % |
. 7 % |
-. 8 % -1.0% -1.7% |
96.6 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
December Property sales were 51 , down 67.5 % from 157 in |
December of 2016 and 5.6 % lower than the 54 sales last month . |
|
Property
December Sales 2017 sales were at their lowest level compared to
|
250 |
200 |
December Property of 2016 sales and were 2015 . 51 December , down 67.5 YTD % from sales 157 of in 1,455 are |
|
December running 33.9 of 2016 % behind and 5.6 last % lower year ' than s year-to-date the 54 sales sales last of month 2,202 . .
December 2017 sales were at their lowest level compared to
|
200 |
150 |
December of 2016 and 2015 . December YTD sales of 1,455 are |
|
|
running 33.9 % behind last year ' s year-to-date sales of 2,202 . |
150 |
100 |
Agent Name
Coral Springs Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 0
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
0 15 16
17 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
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 332,000 , up 2.2 % 400
Prices from $ 325,000 in December of 2016 and up 28.7 % from Median Sales Price and Average Sales Price
380
3 Mo Avg
The $ 257,955 Median last Sales month Price . in The December Average was Sales $ 332,000 Price in , up December 2.2 % was 400 from $ 309,086 $ 325,000 , up in 5.3 December % from $ of 293,656 2016 and in December up 28.7 % from of 2016 and up 360
380 $ 18.0 257,955 % from last month $ 261,937 . The last Average month Sales . December Price in 2017 December ASP was at 340 $ 309,086 , up 5.3 % from $ 293,656 in December of 2016 and up
360
the highest level compared to December of 2016 and 2015 . 320 18.0 % from $ 261,937 last month . December 2017 ASP was at 340
300 the highest level compared to December of 2016 and 2015 . 320 280
300 260
280 240
260 220
240
200 220 200
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 15
16
17
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 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The December Total Inventory was 396 of , down Properties 6.2 % available from 422 for last sale month as of and down
1,000 12.0
December 10.0 % from was 440 396 in , down December 6.2 % from of last 422 year last . month December and down 2017 1,000 12.0
800 10.0
10.0 Inventory % from was 440 in at December its lowest level of last compared year . December with December 2017 of 800
10.0
Inventory 2016 and was 2015 at . its lowest level compared with December of 8.0
600 2016 and 2015 .
8.0 600
6.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The December 2017 MSI of 7.8 200 2.0 higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 7.8 of 200 2.0 months 2016 and was 2015 at its . highest level compared with December of 0
0.0
2016 and 2015 . 0
0.0 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
F M A M J F M A M J
F M A M J J A S O N D 15
16 17
121 131 164 183 165 197 192 192 172 166 134 202 131 145 170 195 216 230 202 220 216 170 150 157 97 134 159 150 189 201 154 169 44 53 54 51
933 859 852 816 808 834 818
J
15
121 131 164 183 165 197 192 192 172 166
933 859 852 816 808 834 818 772 745 754
134
772 745 754 701 660 706
782
J A S O N D J 16
202
701 660
131 145 170 195
811 706 828 790 783 789
216
684
554 230
782 811 828 790 783 789
202 684
220 554
216
450 454 440 471 461 470 479 489 493 468 437 431 446 422 396
J A S O N D J
17
170 150 157 97 134 159 150 189 201 154 169 44 53
450 454 440 471 461 470 479 489 493 468 437 431 446 422 396 54 51
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 Assoc
88 | c o l d w e l l b a n k e r h o m e s . c o m 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 .