Florida Market Viewpoint April 2017 - Page 178

Market Action Report City: Heathrow Heathrow Agent Name 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 $599,000 80% 58% Other $561,227 Trending 30% versus*: 20% Month LM L3M PYM LY $344,900 -44% -20% -24% $599,000 80% 58% $377,300 -40% -26% -19% $561,227 30% 7 -13% 20% -59% $344,900 -44% -20% -24% -70% -14% 3 -25% $377,300 -40% -26% -19% -13% 42 950% 163% -24% 7 -13% -59% $195 4% 4% 12% 3 -25% -70% $176 -5% -2% 6% 42 950% 163% -24% -60% 2.3 17% -48% 37% $195 4% 4% 12% 15% 96.3% -2.1% -1.3% 2.0% 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 Trending versus*: Prior YTD 7% Prior Year 8% -14% YTD $430,444 -13% $506,629 12% 17% $430,444 $506,629 -60% -58% 8% -85% 17% 15% $187 12% 10 -58% 9% $180 12% 16 -85% -85% -53% 4.5 26% $187 12% 10% 4.2% 97.6% 6% 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 12 April Property sales were 3, down 70.0% from 10 in April of 2016 and 25.0% lower than the 4 sales last month. April 2017 10 Property sales were Sales at their lowest level compared to April of 2016 and 12 April Property sales sales were of 3, 10 down from 10 in behind April of last year's 2015. April YTD are 70.0% running 58.3% 8 2016 and 25.0% lower year-to-date sales of than 24. the 4 sales last month. April 2017 10 2015. 0 8 5 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 30 10.0 5.0 0.0 10.0 0 15.0 15.0 20.0 20.0 25.0 25.0 10 15 20 25 5 30.0 30.0 15 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 2.3 a 10 higher MSI is better for level buyers. The April 2017 MSI of of 2016 2.3 and months was at a mid compared with April 5 months 2015. was at a mid level compared with April of 2016 and 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 20 3 Mo Avg 17 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 compared with April of 2016 and 2015. 16 Median Sales Price and Average Sales Price Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 7, down 12.5% of from 8 last month and 58.8% from 17 The Inventory Properties available for down sale as of April 30 in April of last year. Inventory was at its from lowest was 7, down 12.5% from April 8 last 2017 month and down 58.8% 17 level in compared April of last year. April 2017 Inventory with April of 2016 and 2015. was at its lowest level 25 15 700 650 600 550 500 450 400 350 300 250 200 550 500 450 400 350 300 250 200 14 40.1% from $629,597 last month. April 2017 ASP was at the lowest level 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 Prices 0 2 2 The Median Sales Price in April was $344,900, down 23.8% Prices from $452,500 in April of 2016 and down 44.4% from The Median last Sales Price in The April was $344,900, down $620,444 month. Average Sales Price in 23.8% April was 700 from $452,500 in April 2016 $466,378 and down in 44.4% $377,300, down 19.1% of from April from of 2016 and down $620,444 last $629,597 month. The Price in ASP April was was at the 650 40.1% from last Average month. Sales April 2017 $377,300, down 19.1% from $466,378 in April of 2016 and down 600 lowest level compared to April of 2016 and 2015. 3 Mo Avg 4 4 0 3 Mo Avg 6 6 -85% 10% 12% -10% 6% Number of Properties Sold 8 7% 10 12% 16 $176 -5% -2% 6% 9% $180 12% 12% 2.3 17% -48% 37% -53% 4.5 26% -10% Number of 97.6% Properties 96.3% -2.1% -1.3% 2.0% 4.2% 6% Sold 6% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 10 are running 58.3% behind last year's year-to-date sales of 24. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Heathrow April 2017 5.0 0.0 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residentia &V&VW7FFP6GvV&W VFVB&VF'0&6R&vS&W'GGW34d6s2BrR"R"R22УpFF&fFV@6W'FW7bw&VFW VFW&FP$TD%2$TD 766Fb'F֖֒766Fb$TD%2f&F2&Vv2&&Bb$TD%2$TD%2b766FbFRФ&V6W276R67@76FF20&fFV@6W'FW7bw&VFW f'Bf'@VFW&FP$TD%2$TD 766Fb'F6VG6VG֖֒766Fb$TD%2גf&Fא&VvW0&VW0&&B&Vb$TD%2$TD%2766FFR&V6W276P67B766Fb$TFW0v'&@"wV&FVP67W&7bf&FF2f&FगB2&W76&ƗGFR&W76&ƗG"'WW fW&gBf&FF7V667VW.( 0W7FFRG&67FFW0B@v'&@"wV&FVPFRFP67W&7bF0B2FPb`'WW 6VW""F6VW fW&gF琦B琦f&F&VWfBF&VWf@7V667VW.( 0&VW7FFR&VG&67F