Florida Market Viewpoint April 2017 - Page 128

Market Action Report April 2017 Jupiter/Jupiter Beach Market Action Report City: Jupiter Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $579,450 2% 9% Other $1,154,765 Trending 1% 19% versus*: Month LM -7% L3M 3% PYM 2% LY $405,000 $579,450 2% -7% 1% 9% 8% $553,292 $1,154,765 710 1% -4% 19% -17% $405,000 183 -7% 10% 3% 2% -1% 4% $553,292 -7% 1% 8% 4% 92 10% 5% -1% 710 -4% -17% $272 -1% 0% 7% 183 10% -1% $243 -2% 1% 4% 92 10% 5% -1% 3% 3.9 -13% -33% -17% $272 -1% 0% 7% 3% 93.0% -.3% -.5% -1.6% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price Currently of all Current Total Properties for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot $243 -2% 1% 4% 3.9 -13% -33% -17% 93.0% -.3% -.5% -1.6% April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last Property Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 250 April Property sales were 183, down 0.5% from 184 in April of 2016 and 9.6% higher than the 167 sales last month. April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 250 200 April sales sales were of 183, 0.5% from 184 behind in April last of year's 2015. Property April YTD 542 down are running 1.5% 2016 and 9.6% sales higher year-to-date of than 550. the 167 sales last month. April 2017 200 150 sales were at their lowest level compared to April of 2016 and $549,572 $395,000 3% $549,572 5% 542 0% 88 3% $273 542 -1% 4% $241 88 -5% -31% 6.4 $273 3% -.5% 93.5% 0% 2% 3% -1% 2% -5% 3% 3% 3% -1% -2% 3% 0% -1% 3% 3% 14% 0% 3 Mo Avg Number of Properties Sold 3 Mo Avg 179 14 15 700 16 Median Sales Price and Average Sales Price 650 147 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 Median F M A M J Sales J A S Price O N D J F M A M J J A S O N D J F M A and Average Sales Price Prices The Median Sales Price in April was $405,000, up 2.2% from $396,200 in April of 2016 and down 6.9% from $435,000 last Prices The Median Sales Price Sales in April was in $405,000, 2.2% from month. The Average Price April was up $553,292, up 7.6% 700 $396,200 in April 2016 of and down $435,000 last from $514,011 in of April 2016 and 6.9% down from 6.8% from $593,532 month. The Average Sales ASP Price in at April was range $553,292, up 7.6% last month. April 2017 was a mid compared to 650 from April of 2016 and down 6.8% from $593,532 April $514,011 of 2016 in and 2015. 600 0 50 50 100 0 last month. April 2017 ASP was at a mid range compared to April of 2016 and 2015. Trending versus*: YTD Prior YTD 5% Prior Year $395,000 4% 4% 150 100 2015. April YTD sales of 542 are running 1.5% behind last year's year-to-date s ales of 550. Trending versus*: Prior YTD Prior Year YTD 4% $241 3% 3% -31% 6.4 -2% 14% Number of 93.5% Properties -.5% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date City: Jupiter Agent Name 3 Mo Avg 17 3 Mo Avg 600 550 550 500 500 450 450 400 400 350 350 300 Inventory & MSI 800 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 10.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 1,000 was Total 710, Inventory down 4.3% 742 last month for and down The of from Properties available sale as of 17.4% April from 860 710, in April last from year. 742 April Inventory was at its lowest 1,000 was down of 4.3% last 2017 month and down 17.4% from 800 level with April of 2017 2016 Inventory and 2015. was at its lowest 860 in compared April of last year. April level compared with 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 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 17 600 400 10.0 300 8.0 6.0 A comparatively lower MSI is more beneficial for sellers while a 400 4.0 A higher comparatively lower for MSI buyers. is more The beneficial for sellers MSI is better April 2017 MSI while of 3.9 a 200 higher MSI is better for buyers. April 2017 of of 3.9 2016 and 200 2.0 months was at its lowest level The compared with MSI April months 0 2015. was at its lowest level compared with April of 2016 and 0 0.0 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 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 8.0 6.0 4.0 2.0 0.0 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 128 | c . Data is is provided provided courtesy of d Greater Miami Association of REALTORS, Florida MLS, Regional MLS, Naples Board of REALTORS, 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 courtesy County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Board Area of REALTORS, REALTORS REALTORS Association of Association the Palm Beaches, Space Coast Association of REAL does not not warrant warrant guarantee accuracy of this information. It is responsibility the responsibility any or buyer verify and all information relevant to such consumer’s estate transaction. does or or guarantee the the accuracy of this information. It is the of any of buyer seller or to seller verify to any and any all information relevant to such consumer’s real estate real transaction.