FL ARCHIVED July 2017 | Page 116

Market Action Report
City: Pinecrest
Pinecrest
Agent Name
Title
Phone
Agent
Name
Website
Title Other
July 2017
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
$1,720,000
-2%
16%
Other
$2,134,764 Trending
-0% versus*: 8%
Month
LM 30%
L3M 4%
PYM 12%
LY
$1,102,500
$1,720,000
-2% 21% 6%
16% -6%
$1,323,857
$2,134,764 232
-0% 4%
8% 11%
$1,102,500 30%
4%
12%
11%
20 0%
-17%
$1,323,857 101
21% 5%
6% -12%
-6% 46%
7%
232 4%
11%
$400 7% 6% 16%
20 0%
-17%
$319 -1% 1% -0%
101 5% -12% 46% -2%
11.6 4% -3% 33%
$400 7% 6% 16% 11%
90.9% -.7% .8% -3.2%
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 Days 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
$319 -1% 1% -0%
11.6 4% -3% 33%
90.9% -.7% .8% -3.2%
* 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
35
July Property sales were 20, down 16.7% from 24 in July of 2016
and the same as the 20 sales last month. July 2017 sales were at 30
Property
Sales
their lowest
level compared to July of 2016 and 2015. July YTD
35
July
Property
sales
were 20,
down
16.7% last
from year's
24 in year-to-date
July of 2016
25
sales
of 125 are
running
8.8%
behind
and
the of same
sales
137. as the 20 sales last month. July 2017 sales were at 30
20
their lowest level compared to July of 2016 and 2015. July YTD
20%
5%
0%
5%
-1%
3%
$308
-2%
0%
1%
12.2
7%
5%
Number
of 89.7%
Properties
.1%
-3% Sold -1%
3 Mo Avg
3 Mo Avg
14
15
15
15
16
24
15
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 M Median
J J A S Sales
O N D Price
J F M and
A M Average
J J A S Sales
O N D Price
J F M A M J J
The Median Sales Price in July was $1,102,500, up 11.5% from
Prices
$988,500 in July of 2016 and up 29.7% from $850,000 last
1,900
The
Median
Sales
Price Sales
in July Price
was $1,102,500,
11.5% from
month.
The
Average
in July was up
$1,323,857,
down
$988,500
in $1,401,229
July of 2016 in and
up of 29.7%
$850,000
last
5.5% from
July
2016 from
and up
21.4% from
1,900 1,700
month.
The Average
Sales July
Price 2017
in July
was
$1,323,857,
down level
$1,090,770
last month.
ASP
was
at the lowest
5.5%
from $1,401,229
July and
of 2016
1,700 1,500
compared
to July of in
2016
2015. and up 21.4% from
$1,090,770 last month. July 2017 ASP was at the lowest level
compared to July of 2016 and 2015.
0
5
Prices
11%
3%
1%
.1%
-9% -4%
28% -3%
6%
-2%
20%
7%
5%
-3%
5
10
0
-5%
125
-7%
124
$379
125
-9%
$308
124
28%
12.2
$379
6%
89.7%
10
15
$949,630
$1,189,126
-2%
15
20
25
Trending versus*:
Prior YTD -5%
Prior Year -4%
11% YTD
$949,630
7% $1,189,126
-7%
-3%
Number of Properties Sold
sales of 125 are running 8.8% behind last year's year-to-date
sales of 137.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Pinecrest
July 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
1,500 1,300
1,300 1,100
1,100 900
900 700
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 S 14
O N D J F M
A M J J A S O N D J F M A 17 M J J
14
15
16
17
200
compared with July of 2016 and 2015.
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
July 2017
MSI of
11.6 a
higher
MSI
is better
for buyers.
July 2017
MSI July
of 11.6
months
was
at its highest
level The
compared
with
of 2016 and 50
months
2015. was at its highest level compared with July of 2016 and
0
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
250
was Total
232, Inventory
up 4.0% from
223 last available
month and
up 11.0%
from 209
The
of Properties
for sale
as of July
in July
year.
Inventory
was
at its from
highest
was
232, of
up last
4.0%
from July
223 2017
last month
and up
11.0%
209 level 250
200
in compared
July of last with
year.
July
July
of 2017
2016 Inventory
and 2015. was at its highest level
150
100
50
0
.
18.0
16.0
14.0
12.0
10.0
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
15
16
17
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
116 | c
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
700
Data
provided
courtesy
of
Fort
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
d Greater
w Fort
el
l Lauderdale
ban
k REALTORS,
erh
o REALTOR
m Association
e s Association
co
m of Martin
Data
is is
provided
courtesy
Lauderdale
REALTORS,
REALTOR
of 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.