FL ARCHIVED June 2017 | Page 120
Market Action Report
City: Boca Raton
Boca Raton
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 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
$474,000
2%
19%
Other
$971,309 Trending
0% versus*:
17%
Month
LM 10%
L3M 8%
PYM 3%
LY
$345,000
$474,000
2% 7% 3%
19% 1%
$486,595
$971,309 2,415
0% -3% 17% -22%
$345,000 485
10% -1%
8% 3% -7%
13%
$486,595 7%
3%
1%
7%
93 -2% -1% -11%
2,415 -3%
-22%
$229 -4% 0% 2%
485 -1%
-7%
$204 4% 3% 1%
93 -2% -1% -11% -2%
5.0 -2% -11% -16%
$229 -4% 0% 2% 2%
91.9% .5% .4% -.5%
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 4%
13% YTD
$318,250
7%
$477,839
0%
5%
$318,250 2,574
4%
$477,839
0%
-2%
94
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
Prices
month. June 2017 ASP was at the highest level compared to
June of 2016 and 2015.
14
455
15
600
16
355
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
The Median Sales Price in June was $345,000, up 3.0% from
Prices
$335,000 in June of 2016 and up 9.5% from $315,000 last
The
Median
Sales
Price Sales
in June
was in
$345,000,
3.0% from up 0.8%
month.
The
Average
Price
June was up
$486,595,
600
$335,000
in June in
of June
2016 of
and
up 9.5%
from
$315,000
last
from $482,705
2016
and up
7.3%
from $453,495
last
month.
Average
Price
June
was $486,595,
up 0.8%
month. The
June
2017 Sales
ASP was
at in the
highest
level compared
to 550
from
in June
of 2016 and up 7.3% from $453,495 last
June $482,705
of 2016 and
2015.
0
100
100
200
200
300
3 Mo Avg
300
400
3 Mo Avg
Number of Properties Sold
500
-1%
4%
3%
-11%
-0%
$204 4% 3% 1% 6%
$199
2%
3%
5.0 -2% -11% -16% -33%
6.6 -14%
-11%
of 91.6%
Properties
91.9% .5% .4% -.5% Number
-.1%
-1% Sold -0%
700
June Property sales were 485, down 7.1% from 522 in June of
2016 and 1.0% lower than the 490 sales last month. June 2017
600
Property
sales were Sales
at their lowest level compared to June of 2016 and 700
June
Property
sales sales
were of
485,
down
from 0.9%
522 in behind
June of last
500
2015.
June YTD
2,574
are 7.1%
running
2016
and
1.0% lower than
490 sales last month. June 2017
600
year's
year-to-date
sales the
of 2,597.
400
sales were at their lowest level compared to June of 2016 and
2015. June YTD sales of 2,574 are running 0.9% behind last
year's year-to-date sales of 2,597.
-1% 4%
-4% 5%
4%
2%
-1%
-14%
4%
-1%
2%
$234
2,574
-1%
6%
$199
94
-4%
-33%
6.6
$234
4%
-.1%
91.6%
* 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
City: Boca Raton
June 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
500 450
450 400
400 350
350 300
300 250
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
250
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
2,500
2,000
2,000
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
MSI is better
for buyers.
June 2017
MSI while
of 5.0 a
higher
MSI
is better
for level
buyers.
The June
2017
MSI of of 2016
5.0 and
months
was
at a mid
compared
with
June
months
2015. was at a mid level compared with June of 2016 and
2015.
1,000
500
0
10.0
8.0
6.0
2.0
0
0.0
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
.
12.0
4.0
500
14
120 | c
12.0
lowest level compared with June of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
3,500
was Total
2,415,
down 3.2%
from 2,496
last month
and
22.0%
The
Inventory
of Properties
available
for sale
as down
of June
from
3,096
in June
last 2,496
year. last
June
2017 and
Inventory
was at its 3,500 3,000
was
2,415,
down
3.2% of
from
month
down 22.0%
from
3,096
in compared
June of last with
year. June
June
was at its
lowest
level
of 2017
2016 Inventory
and 2015.
3,000 2,500
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
Ar ea 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.