FL ARCHIVED September 2017 | Page 122

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

City : Delray Beach

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
$ 275,000
0 %
4 %
Average List Price of all Current Listings
$ 544,190
-1%
2 %
September Median Sales Price
$ 155,000
-16%
-7%
-8%
-5%
$ 175,000
8 %
7 %
September Average Sales Price
$ 335,501
13 %
10 %
-2%
1 %
$ 325,003
-6%
-3%
Total Properties Currently for Sale ( Inventory )
1,375
-4%
-19%
September Number of Properties Sold
195 -29%
-29%
2,659
1 %
September Average Days on Market ( Solds )
101
12 %
11 %
7 %
16 %
89
3 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 189
1 %
1 %
7 %
2 %
$ 192
4 %
4 %
September Sold Price per Square Foot
$ 171
9 %
7 %
6 %
8 %
$ 167
4 %
6 %
September Month ' s Supply of Inventory
7.1
35 %
21 %
14 %
9 %
6.1
-3%
-6%
September Sale Price vs List Price Ratio
90.6 % -1.1% -. 1 % -2.5%
-. 9 %
91.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
450
September Property sales were 195 , down 29.1 % from 275 in
September of 2016 and 28.8 % lower than the 274 sales last
400
Property month . September Sales 2017 sales were at their lowest level
450
350
September compared Property to September sales were of 2016 195 , and down 2015 29.1 . % September from 275 in YTD
September of 2016 and 28.8 % lower than the 274 sales last
400 sales of 2,659 are running 0.5 % ahead of last year ' s year-to-date
300
month sales . of September 2,645 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD sales of 2,659 are running 0.5 % ahead of last year ' s year-to-date
350
300
250
200
sales of 2,645 .
250
150
Agent Name

Delray Beach Title

Phone Website Other

Community Information | School District

Number of Properties Sold
200
100
150
50
100
0
50
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 $ 155,000 , down 8.3 %
Prices from $ 169,000 in September of 2016 and down 16.4 % from
The
$ 185,500 Median last Sales month Price . in The September Average was Sales $ 155,000 Price in , down September 8.3 % was
450 from
$ 335,501 $ 169,000 , down in September 2.4 % from of $ 343,683 2016 and in down September 16.4 % from of 2016 and
$ up 185,500 13.0 % last from month $ 296,927 . The Average last month Sales . Price September in September 2017 ASP was was
400
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
350
3 Mo Avg
$ at 335,501 a mid , down range 2.4 compared % from $ to 343,683 September in September of 2016 and of 2016 2015 and . up 13.0 % from $ 296,927 last month . September 2017 ASP was
350
300
at a mid range compared to September of 2016 and 2015 .
300
250
250 200
200 150
301 200 290 208 284 364
301 200 290 208 284 364 385 338 363 332 279 294 286 217 289 212 247 327 345 298 355 297 289 275 258 236 272 212 261 374 361 342 333 307 274 195
150
100
100
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 1,375 of Properties , down 4.2 available % from 1,436 for sale last as month of and
2,500
September down 19.2 was % from 1,3751,701 , down in 4.2 September % from 1,436 of last last year month . September and
2,500
2,000 down 201719.2 Inventory % from was 1,701 at in a September mid level compared of last year with . September of
2,000
2017
2016 Inventory and 2015 was . at a mid level compared with September of
1,500
2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 7.1
500
2.0
higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 7.1 of months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
500
0
2.0
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
385 338 363 332
1,470 1,439 1,496 1,585 1,668 1,565 1,548 1,454 1,394 1,400
1,470 1,439 1,496 1,585 1,668 1,565 1,548 1,454 1,394 1,400 1,333 1,355
1,516 279 1,333 1,570 1,355 1,618
Number of Properties Sold
294 286 1,516 1,772 217 289 212 247
1,918 1,890 1,959 1,845
1,570 1,618
327 345 298 355 297 289 275 258 236 272 212 261 374
1,762 1,708 1,666 1,701 1,717 1,801 1,828 1,953 1,960 1,873 1,885 1,755 1,679 1,609 1,436 1,375
3 Mo Avg
361
1,772 1,918 1,890 1,959 1,845 1,762 1,708 1,666 1,701 1,717 1,801 1,828 1,953 1,960 1,873 1,885 1,755 1,679
342 1,609
333
3 Mo Avg
307
1,436
1,375 274 195
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
122 | 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 .