FL ARCHIVED April 2018 | Page 198

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

County : Miami-Dade 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
$ 470,000
2 %
8 %
Average List Price of all Current Listings
$ 1,069,658
2 %
7 %
April Median Sales Price
$ 305,000
-1%
1 %
5 %
5 %
$ 301,938
8 %
4 %
April Average Sales Price
$ 489,150
0 %
1 %
8 %
10 %
$ 485,391
8 %
9 %
Total Properties Currently for Sale ( Inventory )
20,611
-3%
-3%
April Number of Properties Sold
2,214
0 %
3 %
7,756
-4%
April Average Days on Market ( Solds )
96
4 %
0 %
7 %
5 %
96
4 %
5 %
Asking Price per Square Foot ( based on New Listings )
$ 328
-1%
-3%
3 %
-1%
$ 339
2 %
2 %
April Sold Price per Square Foot
$ 253
2 %
1 %
6 %
8 %
$ 250
6 %
6 %
April Month ' s Supply of Inventory
9.3
-3% -12% -5%
-13%
11.1
2 %
4 %
April Sale Price vs List Price Ratio
93.2 %
. 1 %
. 4 %
-. 2 %
. 1 %
92.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
3,000 April Property sales were 2,214 , up 2.5 % from 2,159 in April of 2017 and 0.0 % higher than the 2,213 sales last month . April
2,500 Property 2018 sales Sales were at a mid level compared to April of 2017 and 3,000 April 2016 Property . April YTD sales sales were of 2,214 7,756 , up are 2.5 running % from 2,159 4.1 % behind April of last 2017 and 0.0 % higher than the 2,213 sales last month . April 2,000 year ' s year-to-date sales of 8,089 .
2,500
2018 sales were at a mid level compared to April of 2017 and 2016 . April YTD sales of 7,756 are running 4.1 % behind last 1,500
2,000 year ' s year-to-date sales of 8,089 .
1,000 1,500
Agent Name

Miami-Dade County Title

Phone Website Other

Community Information | School District

1,000 500
Number of Properties Sold
500
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 $ 305,000 , up 5.2 % from
Prices
$ 290,000 in April of 2017 and down 1.3 % from $ 309,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 305,000 April was , up $ 489,150 5.2 % from , up 8.0 %
500
$ from 290,000 $ 452,954 in April in of April 2017 of and 2017 down and 1.3 up % 0.4 from % $ from 309,000 $ 487,156 last last
M
J
15
500
450
J
A S O N D
J
Median
F M A M Sales J
J
A Price S O N and D
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month . . The April Average 2018 Sales ASP was Price at in the April highest was $ level 489,150 compared , up 8.0 % to
450 from
April $ 452,954 of 2017 and in April 2016 of . 2017 and up 0.4 % from $ 487,156 last
400
month . April 2018 ASP was at the highest level compared to
400
350
April of 2017 and 2016 .
350
300
300 250
2,651 2,762 2,775 2,398
2,651 2,762 2,775 2,398 2,380 2,449 1,973 2,276 1,718 1,939 2,380 2,358 2,320 2,518 2,190 2,344 2,146 1,896 1,917 2,106 1,666 1,789 2,475 2,159 2,531 2,512 2,095 2,184 1,408 1,865 1,727 2,041 1,671 1,658 2,213 2,214
250
200
200
M
M
J
15
J
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 20,611 Inventory , down 2.9 of Properties % from 21,227 available last for month sale as and of down April 3.1 %
22,000 was from 20,611 21,265 , down in April 2.9 % of from last 21,227 year . last April month 2018 and Inventory down 3.1 was % at its
22,000
21,000 from lowest 21,265 level in compared April of last with year April . April of 2017 2018 Inventory and 2016 . was at its
21,000 lowest level compared with April of 2017 and 2016 .
20,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
12.0
20,000
19,000
10.0
19,000
8.0
A comparatively lower MSI is more beneficial for sellers while a
18,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
18,000 higher MSI is better for buyers . The April 2018 MSI of 9.3 higher MSI is better for buyers . The April 2018 MSI of 9.3
17,000
4.0 months was at a mid level compared with April of 2017 and
17,000 months was at a mid level compared with April of 2017 and
2.0
2016 .
16,000
2016 .
16,000
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
19,006 18,502 18,513 18,325
19,006 18,502 18,513 18,325 18,310
18,727 2,380 2,449 1,973 2,276
19,930 20,750 20,829
18,310 18,950 18,748 18,727 18,950 18,748
1,718
19,930 1,939 2,380
Number of Properties Sold
2,358 2,320 2,518 2,190 2,344 2,146
20,750 20,829 20,863 20,789 20,791 20,725 20,666 20,812 20,942
20,863 20,789 20,791 20,725 20,666 20,812 20,942
21,267 20,578
21,391 1,896 1,917
21,267
20,578 2,106 1,666
21,496 21,568 21,265 21,187 1,789 2,475 2,159 2,531 2,512 2,095
21,391 21,496 21,568 21,265 21,187 20,931 21,094 21,127
2,184 1,408
20,652 21,420 21,119
20,931 21,094 21,127
20,652 21,420 21,119
20,437 21,115 21,403 21,227
3 Mo Avg
1,865 1,727
20,611 2,041
20,437 21,115 21,403
1,671
3 Mo Avg
1,658
21,227
20,611 2,213 2,214
16.0 14.0 12.0 10.0 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
100 | 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 .