FL ARCHIVED January 2018 | Page 90
Market Action Report
January 2018
City: Fort Lauderdale/Fort
Lauderdale
Fort
Lauderdale
Beach
January 2018
Market Action Report
Agent Name
Title
Phone
Agent
Name
Website
Title Other
City: Fort Lauderdale Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$499,000
0%
11%
Other
$1,195,316 Trending
0% versus*:
15%
Trending versus*:
Month
LM 3%
L3M 3%
PYM 4%
LY -6% YTD
Prior YTD 4%
Prior Year -6%
$267,000
$267,000
$499,000
0% -24% -10%
11% -14% -20%
$378,047
$378,047
-14%
-20%
$1,195,316 2,102
0% 0% 15% -15%
$267,000 3%
3% 4% -75%
-6%
$267,000
4% -75% -6%
61 -27%
61
$378,047 -24%
-10%
-14%
-20%
$378,047
-14%
84 6% -2% -8% -10%
84
-8% -20% -10%
2,102 0%
-15%
$284 -9% -2% -6% -10%
$284
-6%
-10%
61 -27%
-75%
61 -75%
$228 -0% 0% -7% -9%
$228
-7%
-9%
84 6% -2% -8% -10%
84
-8%
-10%
34.5 37% 21% 236% 129%
34.5 236%
129%
$284 -9% -2% -6% -10%
$284
-6%
-10%
93.8% 2.2% .9% .8% -.2%
93.8%
1%
-0%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
$228 -0% 0% -7%
34.5 37% 21% 236%
93.8% 2.2% .9% .8%
-9%
$228
-7%
-9%
129%
34.5 236%
129%
Number
of 93.8%
Properties
-.2%
1% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
450
January Property sales were 61, down 74.8% from 242 in
400
January of 2017 and 26.5% lower than the 83 sales last month.
Property
Sales
January 2018
sales were at their lowest level compared to
450 350
January
were 61,
down 74.8%
from of
242
January Property
of 2017 sales
and 2016.
January
YTD sales
61 in are running
400 300
January
of 2017 last
and year's
26.5% year-to-date
lower than the
83 sales
last month.
74.8% behind
sales
of 242.
January 2018 sales were at their lowest level compared to
350 250
3 Mo Avg
300 200
338
0
50
Prices
15
600
550
16
17
Median Sales Price and Average Sales Price
331
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
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
Median Sales Price and Average Sales Price
3 Mo Avg
0
The Median Sales Price in January was $267,000, up 4.2% from
Prices
$256,250 in January of 2017 and up 2.7% from $260,000 last
The
Median
Sales
Price Sales
in January
$26 7,000,
4.2% from down
month.
The
Average
Price was
in January
was up $378,047,
600
$256,250
in January
of 2017
and up of
2.7%
from
last from
14.2% from
$440,507
in January
2017
and $260,000
down 24.2%
550
month.
The last
Average
Sales
Price in 2018
January
down level
$498,554
month.
January
ASP was
was $378,047,
at the lowest
14.2%
from $440,507
in of
January
of 2017
and down 24.2% from 500
compared
to January
2017 and
2016.
50
100
250 150
200 100
150
$498,554 last month. January 2018 ASP was at the lowest level
compared to January of 2017 and 2016.
3 Mo Avg
Number of Properties Sold
January of 2017 and 2016. January YTD sales of 61 are running
74.8% behind last year's year-to-date sales of 242.
Trending versus*:
Prior YTD Prior Year
YTD
18
3 Mo Avg
500
450
450 400
400 350
350 300
300 250
250 200
200
2,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
January
was 2,102, of up
0.5% from
2,092 for
last sale
month
The
Total Inventory
Properties
available
as of and down
3,000
15.4% from
2,485 up
in 0.5%
January
last year.
January
January
was 2,102,
from of 2,092
last month
and 2018
down
2,500
15.4%
from 2,485
last compared
year. January
Inventory
was at in its January
lowest of
level
with 2018
January of 2017
2,500
2,000
Inventory
was at its lowest level compared with January of 2017
and 2016.
and 2016.
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
18
F 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
15
16
17
18
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 34.5 1,000
500
higher
MSI
is better
for buyers.
January with
2018 January
MSI of 34.5
months
was
at its highest
level The
compared
of 2017 500
months
was
at
its
highest
level
compared
with
January
of
2017
0
and 2016.
0
and 2016.
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 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
15
16
17
18
15
16
17
18
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
90 | c
.
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o l of d Greater
e Fort
l Fort
l
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
Data
is is
provided
courtesy
Lauderdale
Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.