FL ARCHIVED January 2018 | Page 114

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Pinecrest

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
$ 1,799,000
3 %
6 %
Average List Price of all Current Listings
$ 2,264,739
1 %
7 %
January Median Sales Price
$ 1,068,000
28 %
12 %
25 %
7 %
$ 1,068,000
25 %
7 %
January Average Sales Price
$ 1,212,632
18 % -13% 24 %
-6%
$ 1,212,632
24 %
-6%
Total Properties Currently for Sale ( Inventory )
199
4 %
9 %
January Number of Properties Sold
19 -21%
19 %
19
19 %
January Average Days on Market ( Solds )
120
-7%
-1%
-9%
-2%
120
-9%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 333
1 %
3 %
3 %
2 %
$ 333
3 %
2 %
January Sold Price per Square Foot
$ 278
7 %
-1%
5 %
0 %
$ 278
6 %
0 %
January Month ' s Supply of Inventory
10.5
32 % -13% -8%
-20%
10.5
-8%
-20%
January Sale Price vs List Price Ratio
88.8 %
1.0 %
. 8 %
1.3 %
-. 5 %
88.8 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 19 , up 18.8 % from 16 in January of
2017 and 20.8 % lower than the 24 sales last month . January Property 2018 sales Sales were at their highest level compared to January of 35
January 2017 and Property 2016 . sales January were YTD 19 , up sales 18.8 of % 19 from are 16 running January 18.8 of % 2017 ahead and of 20.8 last % year lower ' s year-to-date than the 24 sales last of 16 month . . January 30 2018 sales were at their highest level compared to January of 2017 and 2016 . January YTD sales of 19 are running 18.8 % 25 ahead of last year ' s year-to-date sales of 16 .
20
Agent Name

Pinecrest Title

Phone Website Other

Community Information | School District

15 10
Number of Properties Sold
0
5 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 J
0 15 16
17 18
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 J Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg
The Median Sales Price in January was $ 1,068,000 , up 24.5 %
Prices from $ 857,500 in January of 2017 and up 27.9 % from 1,900
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 835,000 Median last Sales month Price . in The January Average was Sales $ 1,068,000 Price in , up January 24.5 % was from $ 1,212,632 $ 857,500 , up in 23.8 January % from of 2017 $ 979,750 and up in 27.9 January % from of 2017 and up 1,9001,700 $ 18.0 835,000 % from last $ month 1,027,836 . The last Average month Sales . January Price in 2018 January ASP was at a $ mid 1,212,632 range , up compared 23.8 % from to January $ 979,750 of in 2017 January and 2016 of 2017 . and up 1,7001,500 18.0 % from $ 1,027,836 last month . January 2018 ASP was at a mid range compared to January of 2017 and 2016 . 1,5001,300
1,100
35 30 25 20 15 10 5
17 20 20 24 27 33 21 18 15 15 15 14 12 15 24 20 28 24 23 17 15 16 13 16 13 16 23 17 20 21 18 11 15 11 24 19
1,3001,100
900
700
700
F
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
J
M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 199 , up of Properties 4.2 % from available 191 last month for sale and as of up 8.7 %
January from 183 was in 199 January , up 4.2 of % last from year 191 . last January month 2018 and up Inventory 8.7 % was
300 at
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
from its highest 183 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was . at its highest level compared with January of 2017 and 2016 .
250
200
15.0
15.0
200
150
10.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The January 2018 MSI of 10.5 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 10.5 of 2017
50 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
0
10.0
100
50
5.0
0
0.0
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 J
F
M A 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 J
15
16
17
18
15
16
17
18
5.0
0.0
177
900
175 17
177 165
20 175
175 20 24 27 33 21 18 15 15 15 14
Number of Properties Sold
12 15 24 20 28
3 Mo Avg
176 165
161 175
164 176
163 161
163 164 160 163
155
163 180 160 200
155 205 180 211 200 222 205 222 209
211
200 222
204 222
200 209
191 200
175 204
183 200
194 191
175 214
183 235
194 230 230
214 239 235
220 230
206 230
218 239
195 220
191 206
199 218
24 23 17 15 16 13 16 13 16 23 17 20 21 18 11
195 15
191
3 Mo Avg
11
199 24 19
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
114 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .