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.