FL ARCHIVED July 2017 | Page 124

Market Action Report
City: Delray Beach
July 2017
Delray Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
July 2017
City: Delray Beach 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
Trending versus*:
Prior YTD Prior Year
YTD
$274,975
10%
4%
Other
$562,444 Trending
1% versus*: 3%
Trending versus*:
Month
LM -18%
L3M -17%
PYM -23%
LY -9% YTD
Prior YTD 8%
Prior Year
$148,500
$176,250
$274,975
10% -1% -8%
4% -30% -10%
$299,555
$328,648
-7%
$562,444 1,550
1% -3%
3% -9%
$148,500 289
-18% -13%
-17% -23% -3%
-9%
$176,250 2,168
8%
4% 8%
$299,555 -1%
-8%
-30%
-10%
$328,648
-7%
85 -2% -4% -9% -2%
87
4% -1%
1,550 -3%
-9%
$187 -4% -3% -8% 1%
$194
5%
289 -13%
-3%
2,168
4%
$159 -1% -6% -8% 0%
$168
3%
85 -2% -4% -9% -2%
87
4%
0%
5.4 11% 6% -7% -17%
6.0
-6%
$187 -4% -3% -8% 1%
$194
5%
5%
90.3% -.1% -.4% -1.8% -1.2%
91.1%
-0%
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
8%
-1%
0%
5%
6%
-7%
-0%
$159 -1% -6% -8% 0%
$168
3%
6%
5.4 11% 6% -7% -17%
6.0
-6%
-7%
Number of 91.1%
Properties
90.3% -.1% -.4% -1.8% -1.2%
-0% Sold -0%
* 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
450
July Property sales were 289, down 2.7% from 297 in July of
400
2016 and 12.7% lower than the 331 sales last month. July 2017
Property
sales were Sales
at their lowest level compared to July of 2016 and 450 350
July
Property
sales sales
were of
289,
down
from 4.2%
297 in ahead
July of
2015.
July YTD
2,168
are 2.7%
running
of last
400 300
2016
and
12.7% lower sales
than of
the 2,081.
331 sales last month. July 2017
year's
year-to-date
sales were at their lowest level compared to July of 2016 and
350 250
3 Mo Avg
300 200
286
0
50
Prices
14
450
15
16
327
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 $148,500, down 23.1% from
Prices
$193,000 in July of 2016 and down 17.5% from $180,000 last
The
Median
Sales
Price Sales
in July Price
was $148,500,
23.1% from
month.
The
Average
in July was down
$299,555,
down
450
$193,000
in July
of 2016 in
and
down
17.5% and
from
$180,000
last
30.2% from
$429,020
July
of 2016
down
1.3% from
month.
The last
Average
Sales
Price
in July
down
400
$303,486
month.
July
2017
ASP was
was $299,555,
at a mid range
30.2%
from to
$429,020
in July
of 2016
compared
July of 2016
and
2015. and down 1.3% from
50
100
250 150
200 100
150
$30 3,486 last month. July 2017 ASP was at a mid range
compared to July of 2016 and 2015.
Number of Properties Sold
2015. July YTD sales of 2,168 are running 4.2% ahead of last
year's year-to-date sales of 2,081.
3 Mo Avg
Market Action Report
17
Median Sales Price and Average Sales Price
400
3 Mo Avg
350
350 300
300 250
250 200
200 150
150 100
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
100
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
1,500
1,500
10.0
10.0
2,000
level compared with July of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,000
A comparatively lower MSI is more beneficial for sellers while 1,000
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
July 2017
MSI of
5.4 a
500
higher
MSI
is better
for level
buyers.
The July with
2017
MSI of of 2016
5.4 and 2015. 500
months
was
at a mid
compared
July
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
124 | c
.
8.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
2,500
was Total
1,550,
down 3.4%
from 1,605
last month
and
9.2%
The
Inventory
of Properties
available
for sale
as down
of July
2,500
from
1,707
in July
last year.
July month
2017 Inventory
was at a mid
was
1,550,
down
3.4% of from
1,605 last
and down 9.2%
2,000
from
in July with
of last
year.
July 2017
Inventory was at a mid
level 1,707
compared
July
of 2016
and 2015.
6.0
4.0
2.0
0.0
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 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.