FL ARCHIVED July 2017 | Page 176

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

City : Heathrow

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 612,000
97 %
42 %
Average List Price of all Current Listings
$ 592,964
22 %
13 %
July Median Sales Price
$ 425,000
-46% -4%
18 %
7 %
$ 445,000
12 %
12 %
July Average Sales Price
$ 388,333
-51% -13%
8 %
-10%
$ 489,566
12 %
13 %
Total Properties Currently for Sale ( Inventory )
6
20 %
-63%
July Number of Properties Sold
3
50 %
50 %
19
-44%
July Average Days on Market ( Solds )
45 -75% -60% -51% -58%
72
-31%
-32%
Asking Price per Square Foot ( based on New Listings )
$ 175
1 %
-3%
11 %
3 %
$ 181
10 %
6 %
July Sold Price per Square Foot
$ 159
-8%
-4%
0 %
-1%
$ 171
6 %
6 %
July Month ' s Supply of Inventory
2.0 -20%
4 %
-75% -59%
3.3
-32%
-33%
July Sale Price vs List Price Ratio
97.2 %
1.6 % 4.7 % 1.6 % 5.2 %
94.8 %
2 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 3 , up 50.0 % from 2 in July of 2016 and
50.0 % higher than the 2 sales last month . July 2017 sales were Property at their highest Saleslevel compared to July of 2016 and 2015 . July 12
July YTD Property sales of sales 19 are were running 3 , up 50.0 44.1 % from behind 2 in last July year of 2016 ' s year-todate % sales higher of than 34 . the 2 sales last month . July 2017 sales were
and
50.0
10 at their highest level compared to July of 2016 and 2015 . July YTD sales of 19 are running 44.1 % behind last year ' s year-todate sales of 34
8 .

Heathrow

Agent Name
Title Phone Website Other

Community Information | School District

6
12
10
8
6
4
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in July was $ 425,000 , up 18.1 % from
Prices $ 360,000 in July of 2016 and down 46.2 % from $ 790,438 last The month Median . The Sales Average Price Sales in July Price was $ in 425,000 July was , up $ 388,333 18.1 % from , up 7.9 %
800 $ from 360,000 $ 360,000 in July of in 2016 July of and 2016 down and 46.2 down % from 50.9 $ % 790,438 from $ last 790,438 month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 388,333 level , compared up 7.9 % to 700 from July $ of 360,000 2016 and in July 2015 of . 2016 and down 50.9 % from $ 790,438 last month . July 2017 ASP was at the highest level compared to 600 July of 2016 and 2015 .
500
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of July The was Total 6 , up Inventory 20.0 % from of Properties 5 last month available and down for sale 62.5 as of % from July 16 in was July 6 , of up last 20.0 year % from . July 5 last 2017 month Inventory and down was at 62.5 its % lowest from 16 level in 30 July compared of last year with . July 2017 of 2016 Inventory and 2015 was . at its lowest level 25 compared with July of 2016 and 2015 . 20
15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI is better for buyers . The July 2017 MSI of 2.0 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 2.0 of 2016 and 5
months 2015 . was at its lowest level compared with July of 2016 and
2015 .
0
4
2
0
400 300 200
2
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 14
15 16
17
A S O N D J F M A MMedian J J A SSales O N DPrice J F Mand A MAverage J J A S Sales O N D Price J F M A M J J 14
15 16
17
800
Median Sales Price and Average Sales Price
700 600 500 400 300
6 4 4 1 1 3 2 7 4 2 4 3 8 4 4 8 4 5 4 5 10
200
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 M
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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25
30.0
25.0
20
25.0
20.0
15
20.0
15.0
15.0
10
10.0
10.0
5
5.0
5.0
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
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
J
0.0
18 20
6 22 18
4 24 20
4 22 17
1 24 20
1 17 16
3 20
22 24
2
16
26 7 4
24 26
22 25
25 2
25
26 4
25
25 3 24
26 8 22
25 4 24
4
19 19
22 21
8 19
4 19
17 17
5 21
4 17
18 18
5 17 16
10 18
2 18
11 11
6 16 13
2 11 11
7 4 11
3 13
2
11 1
9 9 8 7
9 6
9
2 1
3 Mo Avg
8
6
6 5 5 6
4 5
3
2 6 2 4 3 2 1 6 2 1 4 3 4 2 3
5 4
6 2 3
J
3 Mo Avg
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
176 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .