FL ARCHIVED June 2017 | Page 130
Market Action Report
June 2017
Palm
Beach
Gardens
Market Action Report
City: Palm Beach Gardens
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 2017
Community Information | School District
City: Palm Beach Gardens
Trending versus*:
L3M PYM
LY
$575,000
-3%
11%
Other
$963,639 Trending
-6% versus*:
10%
Month
LM 11%
L3M 10%
PYM 21%
LY
$440,000
$575,000
-3% 21% 15%
11% 32%
$694,194
$963,639 667
-6% -3% 10% -21%
$440,000 141
11% -16%
10% 21% -8%
19%
$694,194 102
21% 3%
15% -3%
32% 0%
35%
667 -3%
-21%
$236 2% -2% 1%
141 -16%
-8%
$229 5% 3% 13%
102 3% -3% 0% 4%
4.7 15% -0% -14%
$236 2% -2% 1% -2%
91.1% -.8% -.8% -.2%
12%
$225
13%
10%
-30%
6.2 -11%
-7%
Number of 92.0%
Properties
-1.8%
-1% Sold -1%
3 Mo Avg
Prices
14
700
650
15
16
93
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
$575,074 last month. June 2017 ASP was at the highest level
compared to June of 2016 and 2015.
0
20
The Median Sales Price in June was $440,000, up 20.9% from
Prices
$364,000 in June of 2016 and up 11.4% from $395,000 last
The
Median
Sales
Price Sales
in June
was in
$440,000,
20.9% from
month.
The
Average
Price
June was up
$694,194,
up
700
$364,000
in June
of 2016
$395,000
last
31.6% from
$527,426
in and
June up of 11.4%
2016 from
and up
20.7% from
month.
The last
Average
Sales
Price
in June
up level 650
$575,074
month.
June
2017
ASP was
was $694,194,
at the highest
31.6%
from $527,426
June and
of 2016
and up 20.7% from
compared
to June of in 2016
2015.
600
20
40
40
60
60
80 80
100 120
2015. June YTD sales of 787 are running 3.0% ahead of last
year's year-to-date sales of 764.
Number of Properties Sold
180
June Property sales were 141, down 8.4% from 154 in June of
2016 and 15.6% lower than the 167 sales last month. June 2017 160
Property
sales were Sales
at their lowest level compared to June of 2016 and 180 140
June
Property
sales sales
were of
141,
down
8.4% from
154 ahead
in June of of last
2015.
June YTD
787
are running
3.0%
2016
and
15.6% lower sales
than of
the 764.
167 sales last month. June 2017 160 120
year's
year-to-date
sales were at their lowest level compared to June of 2016 and
140 100
3 Mo Avg
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
7%
2%
10%
-7%
-1%
June Month's Supply of Inventory
3% 8%
9% 21%
5%
13%
7%
-11%
2%
-1%
$229 5% 3% 13%
4.7 15% -0% -14%
91.1% -.8% -.8% -.2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Sale Price vs List Price Ratio
June Sold Price per Square Foot
June Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
12%
787
24%
105
-2%
$245
787
3%
12%
$225
105
9%
-30%
6.2
$245
5%
-1.8%
92.0%
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$400,000
4% $619,121
June Average Sales Price
117
June
Sales
Price
June Median
Number
of Properties
Sold
Trending versus*:
Prior YTD 12%
Prior Year 8%
19% YTD
$400,000
35%
$619,121
24%
21%
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
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 Listings
Trending versus*:
Prior YTD Prior Year
YTD
LM
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Price Range: All | Properties: SFH - Con
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
600
550
550 500
500 450
450 400
400 350
350 300
800
level compared with June 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 June
1,000
was Total
667, Inventory
down 2.9%
from 687 last
month
The
of Properties
available
for and
sale down
as of 21.1%
June from
845 667,
in June
last from
year. 687
June
Inventory
was
at its
lowest 1,000
was
down of
2.9%
last 2017
month
and down
21.1%
from
800
845
in compared
June of last with
year. June
June of 2017
was at its lowest
level
2016 Inventory
and 2015.
600
400
12.0
10.0
8.0
6.0
Inventory & MSI
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
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
300
A comparatively lower MSI is more beneficial for sellers while a 400
4.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 4.7 a
200
higher
MSI
is better
for buyers.
June 2017
of 4.7
months
was
at its lowest
level The
compared
with MSI
June
of 2016 and 200
2.0
months
0
2015. was at its lowest level compared with June of 2016 and
0
0.0
2015.
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
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
130 | c
.
10.0
8.0
6.0
4.0
2.0
0.0
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.