Florida Market Viewpoint April 2017 - Page 155

Market Action Report Stuart City: Stuart Agent Name Market Action Report City: Stuart April 2017 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 $359,945 0% 9% Other $642,924 Trending -1% versus*: -0% Month LM -7% L3M 2% PYM 8% LY $255,000 $359,945 0% 9% $323,305 -40% -16% -22% $642,924 858 -1% -2% -0% -10% $255,000 185 -7% -14% 2% 8% -12% 8% $323,305 -40% -16% -22% -10% 79 -19% -10% -10% 858 -2% -10% $199 2% -1% 7% 185 -14% -12% $163 -14% -3% 3% 79 -19% -10% -10% -14% 4.6 13% -5% 2% $199 2% -1% 7% 9% 92.8% .5% -.3% .5% 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 of all Current Total Properties Currently 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 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 Trending versus*: Prior YTD 9% Prior Year 5% 8% YTD $250,000 -10% $382,963 2% 7% $250,000 $382,963 -14% 9% 691 2% 88 9% $202 691 6% 2% $168 88 -6% -21% 5.5 $202 12% .7% 93.0% 6% 5% -6% 7% 12% 4% -4% -6% 10% 2% -4% 10% 6% -6% 1% $163 -14% -3% 3% 2% $168 4% 6% 4.6 13% -5% 2% -21% 5.5 -6% -6% of 93.0% Properties 92.8% .5% -.3% .5% Number .7% 2% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 250 April Property sales were 185, down 11.9% from 210 in April of 2016 and 14.0% lower than the 215 sales last month. April 2017 Property sales were Sales at a mid level compared to April of 2016 and 2015. 250 200 April sales 185, running down 11.9% 210 of in last April of year- April Property YTD sales of were 691 are 6.0% from ahead year's 2016 and sales 14.0% of lower to-date 652. than the 215 sales last month. April 2017 200 150 sales were at a mid level compared to April of 2016 and 2015. 3 Mo Avg Number of Properties Sold 3 Mo Avg Prices 450 400 350 300 250 200 150 100 14 600 550 500 450 400 350 300 250 200 150 100 148 161 134 150 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 Inventory & MSI 800 600 A comparatively lower MSI is more beneficial for sellers while a 600 400 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 4.6 a 400 200 higher MSI is better for level buyers. The April 2017 MSI of of 2016 4.6 and months was at a mid compared with April 200 months was at a mid level compared with April of 2016 and 0 2015. 0 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,000 800 2015. 16 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 The Total Inventory Inventory & MSI of Properties available for sale as of April 1,400 was Total 858, Inventory down 2.4% from 879 last month The of Properties available for and sale down as of 9.8% April from 951 858, in April last from year. 879 April Inventory was at its lowest 1,400 1,200 was down of 2.4% last 2017 month and down 9.8% from 951 in April of last with year. April April of 2017 was at its lowest level compared 2016 Inventory and 2015. 1,200 1,000 level compared with April of 2016 and 2015. 15 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 $538,558 last month. April 2017 ASP was at a mid range compared to 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 The Median Sales Price in April was $255,000, up 8.2% from Prices $235,735 in April of 2016 and down 7.3% from $275,000 last The Median Sales Price Sales in April was in $255,000, 8.2% from down month. The Average Price April was up $323,305, 600 $235,735 in April of 2016 down 7.3% and from $275,000 22.1% from $415,273 in and April of 2016 down 40.0% last from 550 month. The last Average Sales Price in April down $538,558 month. April 2017 ASP was was $323,305, at a mid range 500 22.1% from $415,273 in April of 2016 and down 40.0% from compared to April of 2016 and 2015. 0 50 50 100 April YTD sales of 691 are running 6.0% ahead of last year's year- to-date sales of 652. 150 100 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 Š Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright Š Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 155 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin 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. 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