FL ARCHIVED September 2017 | Page 114

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

City : Pinecrest

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
$ 1,799,000
0 %
14 %
Average List Price of all Current Listings
$ 2,333,984
0 %
14 %
September Median Sales Price
$ 1,478,240
53 %
34 %
38 %
49 %
$ 1,015,000
0 %
3 %
September Average Sales Price
$ 1,486,249
5 %
10 %
16 %
21 %
$ 1,258,213
-2%
2 %
Total Properties Currently for Sale ( Inventory )
201
-7%
-0%
September Number of Properties Sold
9 -50%
-47%
153
-14%
September Average Days on Market ( Solds )
181
95 %
68 %
48 %
76 %
124
25 %
20 %
Asking Price per Square Foot ( based on New Listings )
$ 393
-5%
1 %
-2%
9 %
$ 380
6 %
6 %
September Sold Price per Square Foot
$ 346
1 %
4 %
12 %
12 %
$ 315
0 %
2 %
September Month ' s Supply of Inventory
22.3
87 %
47 %
88 %
94 %
13.2
19 %
15 %
September Sale Price vs List Price Ratio
89.0 % -1.3% -1.8%
. 0 %
-2.0%
89.7 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Pinecrest Title

Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
35
September Property sales were 9 , down 47.1 % from 17 in
September of 2016 and 50.0 % lower than the 18 sales last
30
Number of Properties Sold
3 Mo Avg
Property month . September Sales 2017 sales were at their lowest level
September compared Property to September sales were of 2016 9 , down and 47.1 2015 %. from September 17 in YTD
35
25
September sales of 153 of are 2016 running and 50.0 13.6 % lower % behind than last the 18 year sales ' s year-to-date last
30 month sales . of September 177 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
25 sales of 153 are running 13.6 % behind last year ' s year-to-date sales of 177 .
20
20
15
10
15
5
10
5
0
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
0
14
15
16
17
Prices
The Median Sales Price in September was $ 1,478,240 , up 37.5 %
O
N D
J
F M A M J
14
15
JMedian
A
S O NSales D
J FPrice M A Mand J
J Average
A
S O N Sales D
J
F Price M A M J
16
17
J
A
S
3 Mo Avg
Prices from $ 1,075,000 in September of 2016 and up 53.2 % from
The
$ 965,000 Median last Sales month Price . in The September Average was Sales $ 1,478,240 Price in , September up 37.5 %
1,900
Median Sales Price and Average Sales Price
3 Mo Avg
from was $ 1,075,000 1,486,249 in , up September 16.4 % from of 2016 $ 1,277,095 and up in 53.2 September % from of
1,9001,700
$
2016 965,000 and last up month 4.9 % from . The $ Average 1,417,476 Sales last Price month in . September 2017 was
ASP $ 1,486,249 was at the , up highest 16.4 % level from compared $ 1,277,095 to in September of 2016
1,7001,500
2016 and and 2015 up . 4.9 % from $ 1,417,476 last month . September 2017
ASP was at the highest level compared to September of 2016
1,5001,300
and 2015 .
1,3001,100
1,100 900
900
700
700
O
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
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
J
A S
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 201 of , down Properties 6.5 % available from 215 for last sale month as of and down
September
0.5 % from was 20201 in , September down 6.5 % from of last 215 year last . September month and down 2017
250
0.5
Inventory % from 202 was in at September a mid level of compared last year . September with September 2017 of 2016
200
Inventory and 2015 was . at a mid level compared with September of 2016 and 2015 .
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
15.0
25.0
20.0
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of
50
5.0
higher
22.3 months MSI is better was at for its buyers highest . The level September compared 2017 with MSI September of
50
22.3 of 2016 months and was 2015 at . its highest level compared with September of 2016 and 2015 .
0
5.0
0
0.0
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
J
A S
14
15
16
17
14
15
16
17
0.0
203 200
22 203
17 200
24 179
179 170 177
13 170
17 177
175 165
20 175
20 165
175 175
24 175
161 165
27 175
33 161
21 165
164 169 159
18 164
155 15 15
169 180 159
15
200 205
155
14 12
211 222
180 200 205
15 211
24 222
222 209 198
20 222
28 209
202 198
24 198
23 202
188 172
17 198
15 188
180 191
16 13
210 231 226
172 180
16 191
13
210
226 236
16
231 226
23
215 201
226 17
236 20
22 17 24 13 17 20 20 24 27 33 21 18 15 15 15 14 12 15 24 20 28 24 23 17 15 16 13 16 13 16 23 17 20 21 18 9
215 21
201 18 9
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | 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 Assoc
114 | c o l d w e l l b a n k e r h o m e s . c o m 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 .