FL ARCHIVED December 2017 | Page 102

Market Action Report December 2017 Agent Name

PALM City : Palm Beach BEACH Gardens GARDENS

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,800,000
0 %
4 %
Average List Price of all Current Listings
$ 2,527,907
2 %
3 %
December Median Sales Price
$ 1,775,000
8 %
13 %
30 %
14 %
$ 1,700,000
10 %
9 %
December Average Sales Price
$ 2,307,679
21 %
17 %
27 %
21 %
$ 2,133,353
14 %
12 %
Total Properties Currently for Sale ( Inventory )
169
5 %
-22%
December Number of Properties Sold
14
40 %
56 %
177
37 %
December Average Days on Market ( Solds )
123
22 % -15% -16%
-4%
146
27 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 416
-19% -11% -11%
-7%
$ 428
-4%
-4%
December Sold Price per Square Foot
$ 426
4 %
4 %
7 %
9 %
$ 411
8 %
6 %
December Month ' s Supply of Inventory
12.1 -25% -51% -50% -41%
16.7
-19%
-19%
December Sale Price vs List Price Ratio
86.5 % -9.2% -3.3% -2.3% -4.1%
88.9 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
30
December Property sales were 14 , up 55.6 % from 9 in December
of 2016 and 40.0 % higher than the 10 sales last month .
December 2017 sales were at their highest level compared to
Property
December of Sales 2016 and 2015 . December YTD sales of 177 are
December running 37.2 Property % ahead sales of last were year 14 ,' s up year-to-date 55.6 % from sales 9 in of December 129 .
25
30
20
of 2016 and 40.0 % higher than the 10 sales last month .
December 2017 sales were at their highest level compared to
25
15
December of 2016 and 2015 . December YTD sales of 177 are running 37.2 % ahead of last year ' s year-to-date sales of 129 .
20
10
Prices The Median Sales Price in December was $ 1,775,000 , up 30.0 % from $ 1,365,000 in December of 2016 and up 8.4 % from $ 1,637,500 last month . The Average Sales Price in December
Prices was $ 2,307,679 , up 27.4 % from $ 1,811,366 in December of 2016 The and Median up 21.1 % Sales from Price $ 1,905,675 in December last month was $ . 1,775,000 December , up 2017 30.0 ASP % from was at $ 1,365,000 the highest in level December compared of 2016 to December and up 8.4 of % 2016 from and $ 2015 1,637,500 . last month . The Average Sales Price in December was $ 2,307,679 , up 27.4 % from $ 1,811,366 in December of 2016 and up 21.1 % from $ 1,905,675 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 .
15 5
Number of Properties Sold
10
0
5
J
F M A M J
15
J
A
S O N D
J
F M A M J
16
J
A
S O N D
J
F M A M J
17
J
A
S O N D
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,800J
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
2,600
16
17
2,400
Median Sales Price and Average Sales Price
1,400 1,200
10
10
2,800 2,200
2,600 2,000
2,400 1,800
2,200
1,600 2,000
1,400 1,800
1,200 1,600 1,000
8
8 8
Coast Association of REALT
Inventory & MSI
The Total Inventory of Properties available for sale as of
December was 169 , up 5.0 % from 161 last month and down
1,000
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
15
16
17
A S O N D
50.0
21.8 % from 216 in December of last year . December 2017
Inventory was & at MSI a mid level compared with December of 2016
The and Total 2015 Inventory . of Properties available for sale as of
December was 169 , up 5.0 % from 161 last month and down
250
200
300
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
40.0
30.0
50.0
21.8 % from 216 in December of last year . December 2017
Inventory
A comparatively was at a lower mid level MSI compared is more beneficial with December for sellers of while 2016 a and higher 2015 MSI . is better for buyers . The December 2017 MSI of 12.1 months was at its lowest level compared with December of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 12.1 months was at its lowest level compared with December of 2016 and 2015 .
250
100
200
50
150
0
100
50
0
J
15
F M A M J
J
A S O N D J
16
F M A M J
J
A S O N D J
17
F M A M J
J
A S O N D
20.0
40.0
10.0
30.0
0.0
20.0
10.0
0.0
J
F M A M J
J
A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
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
J
A S O N D J
F M A M J
17 of REALTORS , REALTORS Association of
J the Palm
A S O N D Beaches , Space
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 .
102 | coldwellbankerluxury . com
176 177
8
181 161
Title Phone Website Other
19 17
164 24 6
154 143
9
19 17 24 6 9
11 11
127 127
8 8
11 11
135 153
9 9
Number of Properties Sold
10 10
150 176
194
7 7
204 198
7 7
18 18
8
195
195 14 12
196
195 10 8
207 210
8 14 12 10 8
17 17
221 9 9
216 235
9
9 13 13
244 249
15 18
255 229
23 26
212 196
14
183 16
178 181
11
3 Mo Avg
4
161 169
13 13 15 18 23 26 14 16 11 4 10 14
10 14
3 Mo Avg
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
176 177 181 161 164 154 143 127 127 135 153 150
176 194 204 198 195 195 196 195 207 210 221 216 235 244 249 255
229
212 196 183 178 181
3 Mo Avg
161 169