FL ARCHIVED July 2017 | Page 100

Market Action Report
July 2017
Miami-Dade
County
Market Action Report
County: Miami-Dade
Agent Name
Title
Phone
Agent
Name
Website
Title Other
July 2017
County: Miami-Dade 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
$465,000
2%
9%
Other
$1,048,816 Trending
0% versus*: 8%
Month
LM -1%
L3M 0%
PYM 9%
LY
$293,000
$465,000
2% -1% 0%
9% 7%
$451,339
$1,048,816
0% -1%
8% -3%
19,839
$293,000 1,925
-1% -21%
0% 9% -12%
11%
$451,339 -1%
0%
7%
8%
89 -2% -1% 10%
19,839 -1%
-3%
$344 -2% -2% 4%
1,925 -21%
-12%
$251 -2% -2% 8%
89 -2% -1% 10% 6%
10.3 25% 15% 10%
$344 -2% -2% 4% -2%
93.2% -.3% -.2% -.9%
Average List Price of all Current Listings
Market
Profile
& Trends
July Median
Sales
Price Overview
Median
List Price
of all
Current Listings
July Average
Sales
Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
July
Sales
Price
July Median
Number
of Properties
Sold
July Average Sales Price
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
July Number of Properties Sold
July Sold Price per Square Foot
July Average Da ys on Market (Solds)
July Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
July Sale Price vs List Price Ratio
July Sold Price per Square Foot
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 10%
Prior Year 8%
11% YTD
$287,000
8%
$452,031
5%
8%
$287,000 14,878
10%
$452,031
5%
6%
91
-3% 8%
10% 8%
3%
4%
8%
5%
2%
-1%
-2%
$358
14,878
-3%
5%
$252
91
10%
7%
10.0
$358
3%
-.9%
93.2%
8%
2%
5%
3%
-1%
$251 -2% -2% 8% 5%
$252
4%
5%
10.3 25% 15% 10% 7%
10.0
5%
3%
of 93.2%
Properties
93.2% -.3% -.2% -.9% Number
-.9%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Month's Supply of Inventory
July Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
3,000
July Property sales were 1,925, down 11.7% from 2,179 in July of
2016 and 20.8% lower than the 2,432 sales last month. July
2,500
Property
2017 sales Sales
were at their lowest level compared to July of 2016 3,000
July
sales
were
1,925,
down 11.7%
from 2,179
in July
of last
and Property
2015. July
YTD
sales
of 14,878
are running
3.1%
behind
2,000
2016
and
20.8% lower sales
than of
the
2,432 sales last month. July
year's
year-to-date
15,348.
2,500
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2017 sales were at their lowest level compared to July of 2016
1,500
and 2015. July YTD sales of 14,878 are running 3.1% behind last
2,000
year's year-to-date sales of 15,348.
1,000
2,435
2,368
2,372
1,929
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
14
15
16
17
A S O N D J F M A Median
M J J A Sales
S O N Price
D J F and
M A M
J
J
A
S
O
N
D
J
F
M
A
M J J
Average Sales Price
3 Mo Avg
0
Prices
14
The Median Sales Price in July was $293,000, up 8.5% from
500
Prices
$270,000 in July of 2016 and down 0.7% from $295,000 last
The
Median
Sales
Price Sales
in July Price
was $293,000,
8.5% from
month.
The
Average
in July was up
$451,339,
up 7.1%
500 450
$270,000
in July in
of July
2016 of and
down
from
$295,000
last
from $421,502
2016
and 0.7%
down
1.2%
from $456,659
month.
The Average
Sales
Price
in at
July
$451,339,
7.1%
last month.
July 2017
ASP
was
the was
highest
level up
compared
to
450 400
from
in July
of 2016 and down 1.2% from $456,659
July $421,502
of 2016 and
2015.
last month. July 2017 ASP was at the highest level compared to 400 350
July of 2016 and 2015.
0
500
1,000 500
1,500
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
350 300
300 250
250 200
Inventory & MSI
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
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 A 17 M J J
A S 14
O N D J F M
14
15
16
17
20,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
19,000
19,000
A comparatively lower MSI is more beneficial for sellers while a 18,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
July 2017
MSI of
10.3 a 18,000
17,000
higher
MSI
is better
for buyers.
July 2017
MSI July
of 10.3
months
was
at its highest
level The
compared
with
of 2016 and 17,000
months
was
at
its
highest
level
compared
with
July
of
2016
and
16,000
2015.
16,000
2015.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
15
16
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
.
14.0
8.0
6.0
4.0
2.0
0.0
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 F M A M J J
14
15
16
17
14
100 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
22,000
was Total
19,839,
down of
1.0%
from 20,039
last for
month
and
The
Inventory
Properties
available
sale as
of down
July 3.2%
from
20,488
in July
last 20,039
year. July
2017 Inventory
was
19,839,
down
1.0% of
from
last month
and down was
3.2% at a 22,000
21,000
from
in July of with
last year.
July
2017
Inventory
mid 20,488
level compared
July of
2016
and
2015. was at a
21,000
20,000
mid level compared with July of 2016 and 2015.
200
17
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
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.