Florida Market Viewpoint April 2017 - Page 100

Market Action Report Weston City: Weston Agent Name Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $596,500 2% 8% Other $820,054 Trending 1% versus*: 13% Month LM 11% L3M 6% PYM 9% LY $473,000 $596,500 2% 21% 9% 8% 7% $544,554 $820,054 443 1% 1% 13% -12% $473,000 11% 6% 9% -3% 8% 95 -3% $544,554 21% 9% 7% 11% 68 -7% -7% -14% 443 1% -12% $222 -2% 1% 4% 95 -3% -3% $204 7% 3% 1% 68 -7% -7% -14% -12% 4.7 4% -16% -10% $222 -2% 1% 4% 5% 95.5% -.1% .4% 1.1% April Month's Supply of Inventory April 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 160 April Property sales were 95, down 3.1% from 98 in April of 140 2016 and 3.1% lower than the 98 sales last month. April 2017 Property sales were Sales at a mid level compared to April of 2016 and 2015. 160 120 April sales 95, running down 3.1% from 98 in April of April Property YTD sales of were 301 are 0.3% behind last year's year- 140 2016 and 3.1% lower than the 98 sales last month. April 2017 to-date sales of 302. 100 Prices 15 16 14 The Median Sales Price in April was $473,000, up 8.7% from 600 Prices $434,950 in April of 2016 and up 10.6% from $427,500 last The Median Sales Price Sales in April was in $473,000, 8.7% from up 6.9% month. The Average Price April was up $544,554, 600 550 $434,950 in April in of April 2016 of and up and 10.6% $427,500 last from $509,371 2016 up from 20.9% from $450,580 month. The Average Sales ASP Price in April $544,554, up 6.9% 550 last month. April 2017 was at the was highest level compared to 500 from April of 2016 and up 20.9% from $450,580 April $509,371 of 2016 in and 2015. last month. April 2017 ASP was at the highest level compared to 500 450 April of 2016 and 2015. 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 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 0 20 20 40 40 60 3 Mo Avg 60 80 3 Mo Avg 80 100 -5% 4% 1% 12% 0% Number of Properties Sold 120 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 301 are running 0.3% behind last year's year- to-date sales of 302. -0% 1% 0% 2% 4% 3% -5% -1% 4% 0% $204 7% 3% 1% 4% $198 3% 1% 4.7 4% -16% -10% -16% 6.2 -1% 12% of 95.1% Properties 95.5% -.1% .4% 1.1% Number .6% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio April Sold Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sold Price per Square Foot April Average Days on Market (Solds) April Number of Properties Sold Asking Price per Square Foot (based on New Listings) 7% 301 8% 73 5% $220 301 -0% 4% $198 73 0% -16% 6.2 $220 4% .6% 95.1% April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $445,000 $499,857 -12% April Average Sales Price 98 April Sales Price April Median Number of Properties Sold Trending versus*: Prior YTD 7% Prior Year 1% 8% YTD $445,000 11% $499,857 8% 2% 115 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: Prior YTD Prior Year YTD Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Weston April 2017 17 Median Sales Price and Average Sales Price 3 Mo Avg 450 400 400 350 350 300 Total Inventory & Month's Supply of Inventory (MSI) 0 2015. 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 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 O N D J F M A 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 100 | c 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 4.7 a 200 higher MSI is better for buyers. April 2017 of 4.7 months was at its lowest level The compared with MSI April of 2016 and 100 100 months 0 2015. was at its lowest level compared with April of 2016 and 400 400 500 level compared with April of 2016 and 2015. Total Inven tory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of April 700 was Total 443, Inventory up 0.9% from 439 last available month and down from The of Properties for sale as 12.3% of April 505 443, in April of last year. 2017 Inventory was at from its lowest 700 600 was up 0.9% from 439 April last month and down 12.3% 505 in compared April of last with year. April April was at its lowest level of 2017 2016 Inventory and 2015. 600 500 Inventory & MSI 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 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 300 . 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.