Florida Market Viewpoint April 2017 - Page 94

Market Action Report City: Hollywood Hollywood 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 $345,000 5% 24% Other $588,341 Trending 1% versus*: 21% Month LM -13% L3M -11% PYM -2% LY $217,000 $345,000 5% -16% -14% 24% -9% $255,307 $588,341 1,320 1% -2% 21% -11% $217,000 173 -13% -2% -11% -2% -19% -5% $255,307 -16% -14% -9% -7% 75 10% -5% -19% 1,320 -2% -11% $271 10% 9% 20% 173 -2% -19% $202 5% 1% 10% 75 10% -5% -19% -12% 7.6 -0% -7% 10% $271 10% 9% 20% 13% 94.1% -.8% -.0% -.9% Average List Price of all Current Listings 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 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 250 April Property sales were 173, down 19.2% from 214 in April of 2016 and 1.7% lower than the 176 sales last month. April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 250 200 April Property sales sales were of 173, down from 214 behind in April last of 2015. April YTD 622 are 19.2% running 15.6% 2016 and 1.7% lower than 176 sales last month. April 2017 year's year-to-date sales the of 737. 200 150 sales were at their lowest level compared to April of 2016 and 8% 7% 9% $245,000 $295,628 -12% 16% -16% 8% 622 9% 79 -6% 7% $249 7% 622 -16% $201 11% 79 -6% -7% 8.9 11% $249 7% 4% 94.1% -1% 13% 10% 6% -.5% -7% 4% 9% 23% -0% 3 Mo Avg Number of Properties Sold 3 Mo Avg 290 270 250 230 210 190 170 150 14 350 330 310 290 270 250 230 210 190 170 150 3 Mo Avg Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 12.0 0 10.0 8.0 6.0 4.0 2.0 0.0 10.0 8.0 6.0 4.0 2.0 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 Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con . 17 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 94 | c 197 16 Median Sales Price and Average Sales Price 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 1,600 was Total 1,320, down 2.1% from 1,348 last month and 11.2% The Inventory of Properties available for sale as down of April from 1,487 in April last 1,348 year. last April 2017 and Inventory was at its 1,600 1,400 was 1,320, down 2.1% of from month down 11.2% 1,400 1,200 from 1,487 in April of last with year. April April of 2017 was at its lowest level compared 2016 Inventory and 2015. lowest level compared with April of 2016 and 2015. 1,200 1,000 1,000 800 800 600 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 7.6 a 400 higher MSI is better for buyers. April 2017 MSI of 7.6 200 months was at its highest level The compared with April of 2016 and 200 months 0 2015. was at its highest level compared with April of 2016 and 2015. 222 15 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 Prices The Median Sales Price in April was $217,000, down 2.5% from Prices $222,500 in April of 2016 and down 13.2% from $250,000 last The Median Sales Price Sales in April was in $217,000, 2.5% from month. The Average Price April was down $255,307, down 350 $222,500 in April of 2016 and down 13.2% $250,000 last 8.6% from $279,389 in April of 2016 and from down 15.7% from 330 month. The last Average Sales Price 2017 in April down $302,728 month. April ASP was was $255,307, at the lowest level 310 8.6% from $279,389 in April of 2016 and down 15.7% from compared to April of 2016 and 2015. 0 50 50 100 0 $302,728 last month. April 2017 ASP was at the lowest level compared to April of 2016 and 2015. $295,628 150 100 2015. April YTD sales of 622 are running 15.6% behind last year's year-to-date sales of 737. Trending versus*: YTD Prior YTD 16% Prior Year $245,000 -5% -7% $202 5% 1% 10% 10% $201 11% 9% 7.6 -0% -7% 10% 6% 8.9 11% 23% of 94.1% Properties 94.1% -.8% -.0% -.9% Number -.5% -1% Sold -0% * 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 Market Action Report City: Hollywood April 2017 17 Data provided courtesy of w Greater REALTORS, REALTOR of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso o l of d Greater e Fort l Fort l Lauderdale b Lauderdale a n REALTORS, ke r h REALTOR om e Associat ¥½¸)́Íͽ¥…Ñ¥½¸)Œ¼½˜´)…Ñ„)¥Ì¥Ì)Áɽ٥‘•)½ÕÉѕÍä)5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸¸