Market Action Report May 2018
PEMBROKE
City : Pembroke Pines
PINES
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for May was 152 , up from 0 days last month and up from 0 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The May 2018 Selling Price per Square Foot of $ 204 was up from $ 0 last month and up from 0 in May of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The May 2018 Selling Price vs Original List Price of 91.6 % was up from 0.0 % last month and up from 0.0 % in May of last year .
160 140 120 100 80 60 40 20
Agent Name Title Phone Website Other Days On Market for Sold Properties
0 |
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 |
15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
1,200 1,100 1,000 900 800 700 600 500 400 300 200
102 % 100 %
2
98 % 96 % 94 % 92 % 90 % 88 %
2
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 |
15 |
|
|
16 |
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17 |
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18 |
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3
3
2 2
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
86 % |
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 |
15 |
|
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16 |
|
|
|
17 |
|
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|
18 |
|
Inventory / New Listings / Sales |
Inventory / New Listings / Sales |
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This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
|
4 |
shows the basic annual seasonality of the market as well as the |
3 |
relationship between these items . The number of New Listings |
in May 2018 was 0 , down 100.0 % from 1 last month and down |
3 |
100.0 % from 1 in May of last year . |
2 |
2 2
3 3 3 3
2
2
152
204
91.6 %
1 1 1 1 1 1
1 1 1 1 1 1
2
3 Mo Avg
3 Mo Avg
3
1
1
3 3 3
0
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 |
15 |
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16 |
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17 |
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18 |
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0 0 0 0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con 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 Association of REALT 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 .
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