FL ARCHIVED December 2017 | Page 96

Market Action Report December 2017

DELRAY City : Delray Beach BEACH

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
$ 1,649,500
-1%
10 %
Average List Price of all Current Listings
$ 2,331,428
-1%
11 %
December Median Sales Price
$ 1,396,250
-28%
-4%
-5%
-3%
$ 1,382,500
-6%
-4%
December Average Sales Price
$ 1,679,688
-41% -14% -19% -29%
$ 1,967,977
-18%
-16%
Total Properties Currently for Sale ( Inventory )
216
1 %
1 %
December Number of Properties Sold
8 -33%
-38%
170
2 %
December Average Days on Market ( Solds )
139
76 %
25 %
20 %
17 %
114
-7%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 515
-12%
0 %
-3%
6 %
$ 494
3 %
2 %
December Sold Price per Square Foot
$ 378
-18% -15%
-6%
-21%
$ 471
-1%
-1%
December Month ' s Supply of Inventory
27.0
51 %
44 %
65 %
51 %
15.9
-12%
-12%
December Sale Price vs List Price Ratio
84.1 % -11.8% -6.9% -8.0% -5.2%
89.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
25
December Property sales were 8 , down 38.5 % from 13 in
December of 2016 and 33.3 % lower than the 12 sales last month .
December 2017 sales were at their lowest level compared to
20
Property
December of Sales 2016 and 2015 . December YTD sales of 170 are
25
December running 1.8 Property % ahead sales of last were year 8 ,' s down year-to-date 38.5 % from sales 13 of in 167 .
15
December of 2016 and 33.3 % lower than the 12 sales last month .
Number of Properties Sold
3 Mo Avg
December 2017 sales were at their lowest level compared to
20
December of 2016 and 2015 . December YTD sales of 170 are
10
running 1.8 % ahead of last year ' s year-to-date sales of 167 .
15
5
10
0
5
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
Prices
The Median Sales Price in December was $ 1,396,250 , down
5.0 % from $ 1,470,000 in December of 2016 and down 27.8 % from $ 1,933,000 last month . The Average Sales Price in
Prices
December was $ 1,679,688 , down 19.0 % from $ 2,073,685 in
The
December Median of Sales 2016 Price and in down December 41.1 % from was $ 1,396,250 2,852,162 , last down month .
5.0
December % from $ 2017 1,470,000 ASP was in December at the lowest of 2016 level compared and down to 27.8 % from
December $ 1,933,000 of 2016 last and month 2015 . The Average Sales Price in
0
J
F M A M J
4,600
15
4,100
3,600
4,600
3,100
J
Median Sales Price and Average Sales Price
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
16
17
Median Sales Price and Average Sales Price
J
A
3 Mo Avg
S O N D
3 Mo Avg
December was $ 1,679,688 , down 19.0 % from $ 2,073,685 in
4,100
2,600
December of 2016 and down 41.1 % from $ 2,852,162 last month .
December 2017 ASP was at the lowest level compared to
December of 2016 and 2015 .
3,600
2,100
3,100
1,600
2,600
1,100
2,100
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
1,600
15
16
17
13 11
13 11 15 23 15 16 7
Inventory & MSI 1,100
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 216 , up 0.9 % from 214 last month and up 1.4 %
300 15 16
17 40.0 from 213 in December of last year . December 2017 Inventory 250 35.0
Inventory was at its highest & MSI level compared with December of 2016 and Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
The 2015 Total . Inventory of Properties available for sale as of 200
December was 216 , up 0.9 % from 214 last month and up 1.4 %
300 25.0 150
20.0 40.0 from 213 in December of last year . December 2017 Inventory 250 35.0
was A comparatively at its highest level lower compared MSI is more with beneficial December for of sellers 2016 while and a 100
15.0 30.0
2015 . 200
10.0 higher MSI is better for buyers . The December 2017 MSI of
50 27.0 months was at its highest level compared with December of
5.0 25.0 150
2016 and 2015 . 0
0.0 20.0 15.0
A comparatively lower MSI is more beneficial for sellers while a 100 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 10.0 higher MSI is better for buyers . The December 2017 MSI of 15
16 17
50 27.0 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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161 163
15
Agent Name
Title Phone Website Other
23
164 173
15
164 173 170
170 16 7
178 167
178 167
11 14
166 176
166 176
14 11
204 217
204 217
13 6
209 225
11 14 14 11 13 6
229 11
209 225 229
22
238 236
238
236 19 14
246 222
246
222 19 16
219 212
219
212 10 13
207 210
14
207 210 221
221 10 13
213 235
213
235 14 12
238 223
238 223
19 19
233 221
233 221
14 13
212 205 192
212 205
14
192 13
179 194
179
194 15 17
214 216
214
216 12 8
11 22 19 14 19 16 10 13 14 10 13 14 12 19 19 14 13 14 13 15 17 12 8