FL ARCHIVED July 2017 - Page 126

Market Action Report July 2017 Jupiter/Jupiter Beach Market Action Report City: Jupiter 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 $585,000 -1% 6% Other $1,204,965 Trending 1% 17% versus*: Month LM 7% L3M 12% PYM 10% LY $475,000 $585,000 -1% 5% 7% 6% -16% $579,133 $1,204,965 834 1% 0% 17% 8% $475,000 127 7% -37% 12% 10% -17% 23% $579,133 81 5% -1% 7% -5% -16% -22% 9% 834 0% 8% $291 8% 4% 14% 127 -37% -17% $244 7% 3% -4% 81 -1% -5% -22% -10% 6.6 58% 29% 30% $291 8% 4% 14% 9% 93.1% -.1% -.0% -.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 Currently of all Current Total Properties 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 July Month's Supply of Inventory July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last Property Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 250 July Property sales were 127, down 17.0% from 153 in July of 2016 and 36.8% lower than the 201 sales last month. July 2017 Property sales were Sales at their lowest level compared to July of 2016 and 250 200 July Property sales sales were of 127, down from 0.5% 153 in July of last 2015. July YTD 1,066 are 17.0% running behind 2016 and 36.8% lower sales than of the 201 sales last month. July 2017 year's year-to-date 1,071. 200 150 sales were at their lowest level compared to July of 2016 and $544,619 $410,000 1,066 4% $544,619 0% -10% 85 9% 5% 12% -.3% $279 1,066 -0% $238 85 -8% 6.4 $279 6% 93.3% 0% 6% 2% -0% 6% -8% 2% 6% 2% -6% 9% 4% -0% -6% 4% 2% 8% -0% 3 Mo Avg Number of Properties Sold 3 Mo Avg Prices 140 0 50 50 100 150 100 The Median Sales Price in July was $475,000, up 10.1% from $431,400 in July of 2016 and up 6.7% from $445,000 last Prices 650 The Median Sales Price Sales in July was in $475,000, 10.1% from month. The Average Price July was up $579,133, down 700 $431,400 in July of 2016 in and up of 6.7% from last 15.7% from $686,848 July 2016 and $445,000 up 4.7% from 600 650 month. The last Average Sales Price in ASP July was down $553,138 month. July 2017 was $579,133, at a mid range 550 15.7% from $686,848 in July of 2016 and up 4.7% from compared to July of 2016 and 2015. 600 $553,138 last month. July 2017 ASP was at a mid range 550 500 Median Sales Price and Average Sales Price 161 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 M J J Median Sales Price and Average Sales Price 3 Mo Avg 14 15 16 17 700 0 compared to July of 2016 and 2015. Trending versus*: YTD Prior YTD 4% Prior Year $410,000 $244 7% 3% -4% 5% $238 2% 2% 6.6 58% 29% 30% 12% 6.4 9% 8% of 93.3% Properties 93.1% -.1% -.0% -.9% Number -.3% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 2015. July YTD sales of 1,066 are running 0.5% behind last year's year-to-date sales of 1,071. Trending versus*: Prior YTD Prior Year YTD 23% 9% City: Jupiter Agent Name 3 Mo Avg 500 450 450 400 400 350 350 300 Inventory & MSI compared with July of 2016 and 2015. 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 The Total Inventory Inventory & MSI of Properties available for sale as of July 1,000 was Total 834, Inventory equal to 834 last month and up for 8.3% The of Properties available sale from as of 770 July in July 1,000 of last 2017 was its highest level was 834, year. equal July to 834 last Inventory month and up at 8.3% from 770 in July 800 July of 2016 and 2015. of compared last year. with July 2017 Inventory was at its highest level 800 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 14 O N D J F 15 M 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 14 15 16 17 12.0 300 10.0 600 8.0 400 6.0 A comparatively lower MSI is more beneficial for sellers while a 400 A higher comparatively lower for MSI buyers. is more The beneficial for sellers while MSI is better July 2017 MSI of 6.6 a 200 higher MSI is better for buyers. July 2017 MSI of 6.6 months was at its highest level The compared with July of 2016 and 200 months was at its highest level compared with July of 2016 and 0 2015. 0 2015. 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 4.0 2.0 0.0 10.0 8.0 6.0 4.0 2.0 0.0 M J J Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 126 | c . Data is is provided provided courtesy of d Greater Miami Association of REALTORS, Florida MLS, Regional MLS, Naples Board of REALTORS, 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 courtesy County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Board Area of REALTORS, REALTORS REALTORS Association of Association the Palm Beaches, Space Coast Association of REAL does not not warrant warrant guarantee accuracy of this information. It is responsibility the responsibility any or buyer verify and all information relevant to such consumer’s estate transaction. does or or guarantee the the accuracy of this information. It is the of any of buyer seller or to seller verify to any and any all information relevant to such consumer’s real estate real transaction.