FL ARCHIVED December 2017 | Page 92

Market Action Report December 2017

BOCA City : Boca Raton RATON

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
$ 1,975,000
0 %
1 %
Average List Price of all Current Listings
$ 3,009,921
-0%
3 %
December Median Sales Price
$ 1,463,000
-27%
-4%
7 %
-7%
$ 1,572,883
0 %
0 %
December Average Sales Price
$ 2,023,203
-22%
-2%
20 %
-12%
$ 2,182,810
-6%
-5%
Total Properties Currently for Sale ( Inventory )
557
2 %
6 %
December Number of Properties Sold
28
12 %
0 %
362
3 %
December Average Days on Market ( Solds )
166
-1%
-3%
46 %
6 %
168
8 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 546
0 %
3 %
10 %
6 %
$ 527
3 %
3 %
December Sold Price per Square Foot
$ 498
-1%
6 %
12 %
5 %
$ 469
-2%
-1%
December Month ' s Supply of Inventory
19.9
-9%
-6%
6 %
-6%
19.0
-10%
-10%
December Sale Price vs List Price Ratio
91.1 %
3.9 % 3.8 % 3.3 % 3.5 %
87.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 28 , equal to 28 in December of 2016 and 12.0 % higher than the 25 sales last month . December 2017 sales were at their lowest level compared to December of Property 2016 and 2015 Sales . December YTD sales of 362 are running 2.5 % December ahead of last Property year ' s sales year-to-date were 28 sales , equal of to 353 28 . in December of 2016 and 12.0 % higher than the 25 sales last month . December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 362 are running 2.5 % ahead of last year ' s year-to-date sales of 353 .
Prices The Median Sales Price in December was $ 1,463,000 , up 7.4 % from $ 1,362,500 in December of 2016 and down 26.9 % from $ 2,000,000 last month . The Average Sales Price in December
Prices was $ 2,023,203 , up 19.9 % from $ 1,687,428 in December of The 2016 Median and down Sales 21.7 Price % from in December $ 2,584,440 was last $ 1,463,000 month . December , up 7.4 % from 2017 $ ASP 1,362,500 was at in the December highest level of 2016 compared and down to December 26.9 % from of $ 2016 2,000,000 and 2015 last . month . The Average Sales Price in December was $ 2,023,203 , up 19.9 % from $ 1,687,428 in December of 2016 and down 21.7 % from $ 2,584,440 last month . December 2017 ASP was at the highest level compared to December of 2016 and 2015 .
50
45
40
Number of Properties Sold
3 Mo Avg
50
35
45
30
40
25
35
20
30
15
25
10
205
150
10
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
5
15
16
17
0
Median Sales Price and Average Sales Price
3 Mo Avg
3,300J
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
3,10015
16
17
2,900 3,300
2,700 3,100
2,500 2,900
2,300 2,700
2,100 2,500
1,900 2,300
1,700 2,100
1,500
1,300
1,900
J
F M A M J
Median Sales Price and Average Sales Price
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
3 Mo Avg
A S O N D
1,700
15
16
17
1,500
1,300
21 28
21 28 31 35 40 46 27 28 17 20 18 32 31 27 23 46 31 35 32 35 31 13 21 28 24 36 37 34 37 44 29 24 19 25 25 28
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 557 , up 2.2 % from 545 last month and up 5.7 %
700 15 16
17 45.0 from 527 in December of last year . December 2017 Inventory 600 40.0
Inventory was at its highest & MSI level compared with December of 2016 and Total Inventory & Month ' s Supply of Inventory ( MSI )
35.0 500
The 2015 Total . Inventory of Properties available for sale as of 30.0
December was 557 , up 2.2 % from 545 last month and up 5.7 %
700 400
25.0 45.0 from 527 in December of last year . December 2017 Inventory 600 300
20.0 40.0 was A comparatively at its highest level lower compared MSI is more with beneficial December for of sellers 2016 while and a
15.0 35.0
500 200 2015 higher . MSI is better for buyers . The December 2017 MSI of 19.9
10.0 30.0
400 100 months was at its highest level compared with December of
25.0
2016 and 2015 . 3000
20.0 A comparatively lower MSI is more beneficial for sellers while a 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 15.0
200 higher MSI is better for buyers . The December 2017 MSI of 19.9 15
16 17
10.0 100 months was at its highest level compared with December of 5.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17 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 REALT
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 .
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505 529
505 529
31
Agent Name
Title Phone Website Other
35
515 504
40
515 504 472
472 46 27
459 446
459 446
28 17
460 466
460 466
20 18
513 531
513 531
32
Number of Properties Sold
31
544 573 602
27
544 573 602
23
604 603
604
603 46 31
583 586
583
586 35 32
553 533
553
533 35 31
546 553
13
546 553 555
555 21 28
527 561
527
561 24 36
576 576
576 576
37 34
570 543
570 543
37 44
532 503 510
532 503
29
510 24
513 541
513 541
19
3 Mo Avg
25
545 557
545
557 25 28