FL ARCHIVED April 2018 | Page 174

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

City : Coral Springs Price Range : All | Properties : SFH - Con

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 396,000
2 %
7 %
Average List Price of all Current Listings
$ 397,902
2 %
6 %
April Median Sales Price
$ 328,692
-4%
0 %
-5%
-5%
$ 330,000
0 %
-4%
April Average Sales Price
$ 306,375
-0%
0 %
-3%
-3%
$ 305,624
1 %
-3%
Total Properties Currently for Sale ( Inventory )
411
-3%
-15%
April Number of Properties Sold
54 -19%
-64%
207
-62%
April Average Days on Market ( Solds )
51
11 %
-4%
11 %
-4%
53
-7%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 148
-3%
0 %
-6%
-5%
$ 148
-5%
-5%
April Sold Price per Square Foot
$ 137
-3%
-2%
-8%
-7%
$ 140
-3%
-5%
April Month ' s Supply of Inventory
7.6
21 %
0 %
137 % 57 %
8.5
136 %
76 %
April Sale Price vs List Price Ratio
96.1 %
. 1 %
. 6 %
-. 4 %
-. 4 %
95.6 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
April Property sales were 54 , down 64.0 % from 150 in April of
2017 and 19.4 % lower than the 67 sales last month . April 2018
Property sales were Sales at their lowest level compared to April of 2017 and
250
200
April
2016 Property . April YTD sales sales were of 54207 , down are 64.0 running % from 61.7 150 % behind April of last
2017 year and ' s year-to-date 19.4 % lower sales than of the 540 67 . sales last month . April 2018 sales were at their lowest level compared to April of 2017 and
200
150
2016 . April YTD sales of 207 are running 61.7 % behind last
year ' s year-to-date sales of 540 .
150
100
Agent Name

Coral Springs Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 328,692 , down 4.7 % from
Prices
$ 345,000 in April of 2017 and down 4.2 % from $ 342,995 last
The month Median . The Sales Average Price Sales in April Price was in $ 328,692 April was , down $ 306,375 4.7 % from , down
400
$
2.7 345,000 % from in $ April 314,855 of 2017 in April and down of 2017 4.2 and % from down $ 342,995 0.3 % from last month . The Average Sales Price in April $ 306,375 , down
380
$ 307,163 last month . April 2018 ASP was at a mid range
2.7 % from $ 314,855 in April of 2017 and down 0.3 % from
360 compared to April of 2017 and 2016 .
$ 307,163 last month . April 2018 ASP was at a mid range
340 compared to April of 2017 and 2016 .
320
300
280
260
240
220
200
M
J
J
15
400
380
360
340
320
300
280
260
240
220
200
M
M
J
15
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 411 , Inventory down 2.8 % of from Properties 423 last available month for and sale down as of 14.6 April % from was 481411 in , April down of 2.8 last % from year . 423 April last 2018 month Inventory and down was 14.6 at % its from lowest
900
481 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest
800 level compared with April of 2017 and 2016 .
700
900
800
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
12.0
10.0
8.0
600
500
A comparatively lower MSI is more beneficial for sellers while
400 a
A comparatively lower MSI is more beneficial for sellers while a
300 higher MSI is better for buyers . The April 2018 MSI of 7.6 higher MSI is better for buyers . The April 2018 MSI of 7.6
200 months was at its highest level compared with April of 2017 and months was at its highest level compared with April of 2017 and
100
2016 .
2016 .
0
500
8.0
400
6.0
300
200
4.0
100
2.0
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
15
16
17
18
15
16
17
18
6.0
4.0
2.0
0.0
165 197 192 192 172 166 134 202 131 145 170 195 216 231 202 220 216 170 150 157 97 134 159 150 189 201 154 169 45 53 56 58 37 49 67 54
808 834
165 808 818
197 834
772 192 192 172 166 134 202 131
746 818
755 772
702 746
661 755
707 702 661
783 812 707 829
783 145
812 170
791 784
829 195 790
791 216 685
784 231
555 790
202
451 685 455
220 555 441
216 451
170 455
472
463 150 157 97 134 159 150 189 201 154 169 45 53 56
471 441
481 472
490 463
495 471
469 481
438 490 433 495
450 469
435 438
414
433 422
450
431 435
423 414
411 422
58 431
37 423
49
411 67 54
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
88 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .