FL ARCHIVED June 2017 | Page 106
Market Action Report
City: Coral Gables
June 2017
Coral Gables
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 2017
City: Coral Gables 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
$982,000
-2%
-1%
Other
$1,888,866 Trending
-1% versus*: 1%
Month
LM 19%
L3M 8%
PYM 1%
LY
$730,000
$982,000
-2% 3% -8%
-1% 2%
$985,193
$1,888,866 592
-1% -1%
1% -3%
$730,000 19%
8%
10%
87 12% 1% -1%
$985,193 3%
-8%
2%
-9%
96 2% 3% 17%
592 -1%
-3%
$463 3% 1% 10%
87 12%
-1%
$389 4% 2% 2%
96 2% 3% 17% 4%
6.8 -12% -12% -2%
$463 3% 1% 10% 7%
92.5% .9% .2% -.3%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
June Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
June
Sales
Price
June Median
Number
of Properties
Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
June Number of Properties Sold
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
June Sale Price vs List Price Ratio
June Sold Price per Square Foot
Trending versus*:
Prior YTD 4%
Prior Year 2%
10% YTD
$676,000
-9% $1,055,411
-3%
-3%
$676,000
$1,055,411
4%
4%
417
-3%
98
7%
$452
417
0%
2%
$379
98
5%
-26%
8.9
$452
3%
.4%
91.7%
June 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
June Property sales were 87, down 1.1% from 88 in June of 2016
and 11.5% higher than the 78 sales last month. June 2017 sales
Property
Sales
were at their
lowest level compared to June of 2016 and 2015. 100
June
sales
87, running
down 1.1%
from
88 in of
June
2016 year-
June Property
YTD sales
of were
417 are
0.2%
ahead
last of
year's
90
and
11.5% sales
higher
to-date
of than
416. the 78 sales last month. June 2017 sales
3 Mo Avg
80
70
80 60
14
500
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
300
14.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
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 A S O N D J F M A M J
14
15
16
17
15
16
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
.
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
400
14
106 | c
74
55
3 Mo Avg
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 6.8 a 200
100
higher
MSI
is better
for level
buyers.
The June
2017
MSI of of 2016
6.8 and
months
was
at a mid
compared
with
June
100
months
0
2015. was at a mid level compared with June of 2016 and
0
3 Mo Avg
17
400
16
Median Sales Price and Average Sales Price
15 A M J J A S O N D J F M 16
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M J
14
15
16
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
700
was Total
592, Inventory
down 1.3%
600 last
month
The
of from
Properties
available
for and
sale down
as of 3.1%
June from
611 592,
in June
last from
year. 600
June
2017
Inventory
was 3.1%
at a from
mid level 700 600
was
down of 1.3%
last
month
and down
611
in June of
last June
year. of June
2017
compared
with
2016
and Inventory
2015. was at a mid level 600 500
500
15
Prices
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
14
15
16
17
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
Median Sales Price and Average Sales Price
0
10 10
20 20
30 30
40 40
50 50
70 60
The Median Sales Price in June was $730,000, up 1.0% from
1,500
Prices
$722,500 in June of 2016 and up 18.9% from $613,950 last
The
Median
Sales
Price Sales
in June
was in
$730,000,
1.0% from up 2.3% 1,400
month.
The
Average
Price
June was up
$985,193,
1,500
$722,500
in June in
of June
2016 of and
up and
18.9%
last
from $962,741
2016
up from
3.2% $613,950
from $954,247
last 1,300
1,400 1,200
month.
Average
Price
June
was $985,193,
up 2.3%
month. The
June
2017 Sales
ASP was
at in the
highest
level compared
to
1,300 1,100
from
$962,741
in
June
of
2016
and
up
3.2%
from
$954,247
last
June of 2016 and 2015.
1,200
month. June 2017 ASP was at the highest level compared to
1,000
1,100
June of 2016 and 2015.
900
1,000
800
900
700
800
600
700
600 500
2015.
3 Mo Avg
Number of Properties Sold
90
0
compared with June of 2016 and 2015.
7%
4%
-1%
-2%
-0%
100
were at their lowest level compared to June of 2016 and 2015.
June YTD sales of 417 are running 0.2% ahead of last year's year-
to-date sales of 416.
0% 2%
5% -3%
3%
-1%
7%
3%
4%
-1%
$389 4% 2% 2% 2%
$379
-1%
-1%
6.8 -12% -12% -2% -26%
8.9
3%
-2%
of 91.7%
Properties
92.5% .9% .2% -.3% Number
.4%
-1% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
17
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
buye r
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.