FL ARCHIVED September 2017 | Page 86

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

County : Broward

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
$ 330,000
0 %
18 %
Average List Price of all Current Listings
$ 605,888
1 %
18 %
September Median Sales Price
$ 250,000
-6%
-5%
6 %
13 %
$ 240,000
9 %
9 %
September Average Sales Price
$ 306,422
-9%
-8%
6 %
5 %
$ 313,399
8 %
8 %
Total Properties Currently for Sale ( Inventory )
11,120
-3%
-18%
September Number of Properties Sold
799 -65%
-70%
20,614
-14%
September Average Days on Market ( Solds )
75
10 %
7 %
-18% -12%
72
-18%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 214
1 %
-1%
11 %
10 %
$ 210
9 %
8 %
September Sold Price per Square Foot
$ 181
-2%
-2%
11 %
12 %
$ 177
11 %
9 %
September Month ' s Supply of Inventory
13.9
178 % 76 % 169 % 139 %
6.2
5 %
7 %
September Sale Price vs List Price Ratio
94.3 %
-. 6 %
-. 7 %
-. 8 %
-. 8 %
94.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Broward County Title

Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
3,500
September Property sales were 799 , down 69.5 % from 2,622 in
September of 2016 and 65.0 % lower than the 2,285 sales last
3,000
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 799 , and down 2015 69.5 . % September from 2,622 YTD in
3,500
2,500
September sales of 20,614 of 2016 are and running 65.0 % 14.2 lower % than behind the last 2,285 year sales ' s year-to-date last
3,000 month sales . of September 24,014 . 2017 sales were at their lowest level
2,000 compared to September of 2016 and 2015 . September YTD
2,500 sales of 20,614 are running 14.2 % behind last year ' s year-to-date
1,500 sales of 24,014 .
2,000
1,000
1,500
500
1,000
500
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 $ 250,000 , up 6.4 %
Prices from $ 235,000 in September of 2016 and down 5.7 % from
The
$ 265,000 Median last Sales month Price . in The September Average was Sales $ 250,000 Price in , up September 6.4 %
350 from was $ 235,000 306,422 in , up September 6.1 % from of $ 2016 288,923 and down in September 5.7 % from of 2016
330
$ and 265,000 down last 9.2 month % from . The $ 337,380 Average last Sales month Price . in September 2017 was $ 306,422 , up 6.1 % from $ 288,923 in of 2016
310
ASP was at the highest level compared to September of 2016 and down 9.2 % from $ 337,380 last month . September 2017
290 and 2015 .
ASP was at the highest level compared to September of 2016
270 and 2015 .
250
230
210
190
170
150
O
N D
J
F M A M J
Median
J
A S O Sales N D
J Price
F M A and M J Average
J
A S O NSales D
J
F Price M A M J
J
A S
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
September Total Inventory was 11,120 of Properties , down 2.6 available % from for 11,419 sale last of month and
18,000
September down 18.2 was % from 11,120 13,587 , down in 2.6 September % from 11,419 of last last year month . September and
18,000
16,000
16.0 down 201718.2 Inventory % from was 13,587 at its in September lowest level of compared last year . September with September
16,000
14,000
14.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September
14,000
12,000
12.0 of 2016 and 2015 .
12,000
10,000
10.0
10,0008,000
8.0
A comparatively lower MSI is more beneficial for sellers while a
8,0006,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
6,000 higher MSI is better for buyers . The September 2017 MSI of
4,000
4.0 higher MSI is better for buyers . The September 2017 MSI of
4,000
13.9 months was at its highest level compared with September
2,000
13.9 months was at its highest level compared with September
2,000
2.0 of 2016 and 2015 .
0 of 2016 and 2015 .
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
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
2,547 1,979 2,621 1,942 2,044 2,689 2,859 2,716 3,021 2,971 2,709 2,639 2,615
2,547 1,979 2,621 1,942 2,044 2,689 2,859 2,716 3,021 2,971 2,709 2,639 2,615 2,166 2,752 1,949 2,181 2,825 2,812 2,914 3,136 2,673 2,902 2,622 2,276 2,246 2,502 1,867 1,989 2,854 2,556 2,847 2,939 2,478 2,285 799
15,996 15,981 15,460 15,994 16,099 15,778 15,336 14,855 14,606 14,477 14,218 14,028 14,294 14,123 13,946
15,014 16,213 2,166
15,996 15,981 15,460 15,994 16,099 15,778 15,336 14,855 14,606 14,477 14,218 14,028 14,294 14,123 13,946 2,752 1,949 2,181 2,825 2,812 2,914 3,136 2,673
15,014 16,213 16,650 16,679 16,281 15,649 15,171 14,502
16,650 16,679 16,281 15,649 15,171 14,502 13,587 12,886 13,005
2,902 2,622 2,276 2,246 2,502 1,867 1,989 2,854 2,556
12,710 13,382 13,428 13,211 12,839 12,590 12,304 11,933 11,419 11,120
2,847
13,587 12,886 13,005 12,710 13,382 13,428 13,211 12,839 12,590 12,304 11,933 2,939 2,478
11,419
11,120 2,285 799
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
86 | 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 .