FL ARCHIVED July 2017 | Page 120

Market Action Report
City: Boca Raton
Boca Raton
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
$450,000
-2%
10%
Other
$957,734 Trending
-1% versus*:
16%
Month
LM 7%
L3M 11%
PYM 15%
LY
$366,000
$450,000
-2% 8% 9%
10% 24%
$525,181
$957,734 2,365
-1% -4% 16% -21%
$366,000 376
7% -25%
11% 15% -16%
20%
$525,181 8%
9%
24%
15%
93 0% 0% 2%
2,365 -4%
-21%
$232 2% 0% 6%
376 -25%
-16%
$210 2% 4% 11%
93 0% 0% 2% -3%
6.3 28% 15% -6%
$232 2% 0% 6% 3%
91.5% -.4% -.1% -.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 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
Trending versus*:
Prior YTD 7%
Prior Year 7%
20% YTD
$325,000
15%
$482,667
2%
6%
$325,000 2,978
7%
$482,667
2%
-3%
94
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
Prices
month. July 2017 ASP was at the highest level compared to July
of 2016 and 2015.
14
600
423
15
16
415
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
J
J
A
S
O
N
D
J
F
M
A
M
J
J
A
S
O
N
D
J
F
M
A
Median Sales Price and Average Sales Price M J J 3 Mo Avg
0
The Median Sales Price in July was $366,000, up 15.5% from
Prices
$316,945 in July of 2016 and up 7.1% from $341,750 last
The
Median
Sales
Price Sales
in July Price
was $366,000,
15.5% from
month.
The
Average
in July was up
$525,181,
up 24.4%
600
$316,945
in July in
of 2016
up 7.1%
from
$341,750
last
from $422,151
July of and
2016
and up
8.3%
from $484,790
last
month.
Average
Sales was
Price
was $525,181,
up 24.4%
550
month. The
July
2017 ASP
at in
the July
highest
level compared
to July
from
$422,151
in July of 2016 and up 8.3% from $484,790 last
of 2016
and 2015.
0
100
100
200
200
300
3 Mo Avg
300
400
3 Mo Avg
Number of Properties Sold
500
-2%
4%
4%
-11%
-0%
$210 2% 4% 11% 9%
$200
3%
4%
6.3 28% 15% -6% -15%
6.6 -13%
-11%
of 91.6%
Properties
91.5% -.4% -.1% -.9% Number
-.6%
-1% Sold -0%
700
July Property sales were 376, down 15.7% from 446 in July of
2016 and 25.4% lower than the 504 sales last month. July 2017 600
Property
sales were Sales
at their lowest level compared to July of 2016 and 700
July
Property
sales sales
were of
376,
down
from 2.1%
446 in
July of
500
2015.
July YTD
2,978
are 15.7%
running
behind
last
2016
and
25.4% lower sales
than of
the
504 sales last month. July 2017 600
year's
year-to-date
3,043.
400
sales were at their lowest level compared to July of 2016 and
2015. July YTD sales of 2,978 are running 2.1% behind last
year's year-to-date sales of 3,043.
-2% 7%
-3% 6%
4%
3%
-2%
-13%
4%
-1%
3%
$233
2,978
-2%
9%
$200
94
-3%
-15%
6.6
$233
4%
-.6%
91.6%
* 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
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Boca Raton
July 2017
17
Median Sales Price and Average Sales Price
550
3 Mo Avg
500
500 450
450 400
400 350
350 300
300 250
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
250
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
2,500
2,000
2,000
12.0
lowest level compared with July of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
A comparatively lower MSI is more beneficial for sellers while 1,500
a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
July 2017
MSI of
6.3 a 1,000
500
higher
MSI
is better
for level
buyers.
The July with
2017
MSI of of 2016
6.3 and 2015.
months
was
at a mid
compared
July
500
months was at a mid level compared with July of 2016 and 2015.
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
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
120 | c
.
12.0
10.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
3,500
was Total
2,365,
down 4.2%
from 2,468
last month
and
down
The
Inventory
of Properties
available
for sale
as of
July 20.7%
from
2,982
in July
last 2,468
year. last
July month
2017 Inventory
was at its 3,500 3,000
was
2,365,
down
4.2% of from
and down 20.7%
from
2,982
in compared
July of last with
year. July
July of 2017
Inventory
was at its
lowest
level
2016
and 2015.
3,000 2,500
8.0
6.0
4.0
2.0
0.0
10.0
8.0
6.0
4.0
2.0
0.0
M J J
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 respon sibility
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.