FL ARCHIVED April 2018 | Page 206

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

City : Coconut Grove 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
$ 1,670,000
0 %
-20%
Average List Price of all Current Listings
$ 2,330,755
3 %
-17%
April Median Sales Price
$ 1,250,000
54 %
47 %
33 %
5 %
$ 848,000
-13%
-29%
April Average Sales Price
$ 1,507,280
46 %
23 %
10 %
-9%
$ 1,222,539
-17%
-26%
Total Properties Currently for Sale ( Inventory )
122
-6%
-12%
April Number of Properties Sold
15 -12%
-21%
46
10 %
April Average Days on Market ( Solds )
139
-8%
-4% -11%
-2%
145
-12%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 533
-19% -11%
6 %
-5%
$ 601
8 %
7 %
April Sold Price per Square Foot
$ 473
11 %
9 %
2 %
-1%
$ 434
-6%
-9%
April Month ' s Supply of Inventory
8.1
6 %
-25% 12 %
-54%
13.6
-18%
-23%
April Sale Price vs List Price Ratio
91.3 %
1.2 % 2.3 % 2.6 % 3.0 %
89.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales April Property sales were 15 , down 21.1 % from 19 in April of 2017 and 11.8 % lower than the 17 sales last month . April 2018 Property sales were Sales at a mid level compared to April of 2017 and 2016 . 30
April April Property YTD sales sales of were 46 are 15 , running down 21.1 9.5 %% from ahead 19 in of April last year of ' s yearto-date 2017 and sales
11.8 % of lower 42 . than the 17 sales last month . April 2018
25 sales were at a mid level compared to April of 2017 and 2016 . April YTD sales of 46 are running 9.5 % ahead of last year ' s yearto-date sales of 42
20 .
Agent Name

Coconut Grove Title

Phone Website Other

Community Information | School District

15
30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
10 5
5
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 $ 1,250,000 , up 33.0 % from
Prices
$ 940,000 in April of 2017 and up 54.3 % from $ 810,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 1,250,000 April was , $ up 1,507,280 33.0 % from , up
M
J
J
15
2,400
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$
9.5 940,000 % from in $ April 1,376,047 of 2017 in and April up of 54.3 2017 % from and up $ 810,000 46.0 % from last
month
$ 1,032,206 . The Average last month Sales . Price April in 2018 April ASP was was $ 1,507,280 at the highest , up level
2,400
9.5 compared % from $ to 1,376,047 April of in 2017 April and of 2017 2016 and . up 46.0 % from
1,900
$ 1,032,206 last month . April 2018 ASP was at the highest level
1,900 compared to April of 2017 and 2016 .
1,400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 122 , Inventory down 6.2 % of Properties from 130 last available month for and sale down as of 11.6 April % from 200 was 138122 in , April down of 6.2 last % from year . 130 April last 2018 month Inventory and down was 11.6 at % its from lowest
200
138 level in April compared of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest 150 level compared with April of 2017 and 2016 .
150 100
100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
April for 2018 sellers
MSI while of 8.1 a 50 higher MSI is better for buyers . The April 2018 MSI of 8.1
50 months was at a mid level compared with April of 2017 and months was at a mid level compared with April of 2017 and 2016 .
0 2016 .
0
M J J A S O N D J F M A M J
M J J A S O N D J F M A M J 15
15 16
16
1,400
900
400
155
900
400
M
15
15 28
M
J 15 J A S O N D J 16
151
153 155
158 151 21 15 11 20 15
15 28 21 15 11 20 15 16 7 16 7
J J A S O N D J
16
16 11 12 12 24 16 9 11 7 13
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
162 153
165 158
172 162
155 165
174 172 167
155 171
174 155
167 11
153
157 12 12 24 16 9 11
155 153
153 143
157
142 141
153
147 143
142 142 141
7
149 148
9 6 8 9 19 15 11 5 6 8 9 5 10
144 142
138 149
143 148
141 144
138 138
144 143 137 141
137 138
130 144
132 137
131
137 134
130 130
132 122
131
6 8 17 15
30.0 25.0 20.0 15.0 10.0
0.0 J A S O N D J F M A M J J A S O N D J F M A F M A M J J A S O N D J F M A
17 18
18
J A S O N D J
17
13 9 6 8 9 19
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 F M A18
171
147
15 11 5 6 8 9 5 10
134 6
5.0
130 8
122 17 15
30.0 25.0 20.0
15.0 10.0 5.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
104 | 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 .