FL ARCHIVED December 2017 | Page 98

Market Action Report December 2017 Agent Name

JUPITER City : Jupiter / JUPITER 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
$ 2,195,000
5 %
10 %
Average List Price of all Current Listings
$ 3,423,241
5 %
13 %
December Median Sales Price
$ 1,630,000
9 %
9 %
-13%
2 %
$ 1,450,000
-9%
-9%
December Average Sales Price
$ 2,320,250
21 %
21 %
11 %
16 %
$ 2,051,916
5 %
3 %
Total Properties Currently for Sale ( Inventory )
203
-2%
15 %
December Number of Properties Sold
8 -38%
-38%
139
-7%
December Average Days on Market ( Solds )
72 -42% -45% -47% -48%
120
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 575
10 %
-6%
11 %
10 %
$ 570
10 %
9 %
December Sold Price per Square Foot
$ 428
-9%
-2%
-20% -11%
$ 469
-1%
-3%
December Month ' s Supply of Inventory
25.4
59 %
2 %
86 %
57 %
20.0
24 %
24 %
December Sale Price vs List Price Ratio
91.6 %
. 5 %
3.4 % 1.4 % 2.9 %
88.8 %
0 %
-0%
* 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 38.5 % lower than the 13 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 139 are
25
December running 6.7 Property % behind sales last were year 8 ' s , year-to-date down 38.5 % sales from of 13149 in .
15
December of 2016 and 38.5 % lower than the 13 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 139 are
10
running 6.7 % behind last year ' s year-to-date sales of 149 .
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 $ 1,630,000 , down
13.1 % from $ 1,875,000 in December of 2016 and up 8.7 % from
$ 1,500,000 last month . The Average Sales Price in December
Prices was $ 2,320,250 , up 10.8 % from $ 2,094,614 in December of
The
2016 Median and up Sales 20.7 Price % from in $ December 1,922,308 was last $ month 1,630,000 . December , down
13.1
2017 % from ASP was $ 1,875,000 at the highest in December level compared of 2016 to and December up 8.7 % of from
$
2016 1,500,000 and 2015 last . month . The Average Sales Price in December was $ 2,320,250 , up 10.8 % from $ 2,094,614 in December of
2016 and up 20.7 % from $ 1,922,308 last month . December
2017 ASP was at the highest level compared to December of
2016 and 2015 .
0
3,000J
F M A M J
J
2,80015
2,600 3,000
2,400 2,800
2,200 2,600
2,000 2,400
1,800 2,200
1,600 2,000
1,400 1,800
1,200
1,000
1,600
J
F M A M 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 S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
J
3 Mo Avg
A
S O N D
3 Mo Avg
A S O N D
1,400
15
16
17
1,200
1,000
Inventory & MSI The Total Inventory of Properties available for sale as of December was 203 , down 1.9 % from 207 last month and up
250
14.7 % from 177 in December of last year . December 2017
200 Inventory was & at MSI its highest level compared with December of The 2016 Total and Inventory 2015 . of Properties available for sale as of December was 203 , down 1.9 % from 207 last month and up 250 150
14.7 % from 177 in December of last year . December 2017
200
100
Inventory A comparatively was at its lower highest MSI level is more compared beneficial with for December sellers while of a 2016 higher and MSI 2015 is . better for buyers . The December 2017 MSI of 25.4 50
150 months was at its highest level compared with December of 2016 and 2015 .
0
100 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The December 2017 MSI of 25.4 50 months was at its highest level compared with December of 2016 and 2015 .
0
9
4
J
15
167 167
7
9 4 7 20 17 22 14 8 6 5 7 12
Total Inventory & Month ' s Supply of Inventory ( MSI )
F M A M J
J
A S O N D
J 17
F M A M J
J
A S O N D
J
16
163 151
Title Phone Website Other
20 17
153 22 14
Total Inventory & Month ' s Supply of Inventory ( MSI )
134 128
8 6
123 127 138 146 158 158 166 178 168 173 156 150 144 157 167 176
8 12 22 13 14 10 22 12 7 4
177 199 191 189
12 13 8 4 17 19 12 12 14 16 10 6 13 8
F M A M J
J
A S O N D
60.0
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 .
98 | coldwellbankerluxury . com
167
167
J
15
163 151 153 134 128 123 127
5 7
138 146
12 8 12
158 158 166
F M A M J
J
A S O N D J
16
22
178
168 13 14
173
156 10 22
150
144 12 7 4
157 167 176 12 13
177
199 8 4
191 189
17 19
191 193
191 193
12 12
182 175 170
182 175
14
170 16
179 198
179
198 10 6
207 203
207 203
F M A M J
J
A S O N D J
F M A M J
J
A S O N D
17
13 8
50.0
40.0 60.0 30.0 50.0 20.0 40.0 10.0 30.0 0.0 20.0
10.0