FL ARCHIVED August 2017 | Page 108

Market Action Report City: Key Biscayne August 2017 Key Biscayne Agent Name Title Phone Agent Name Website Title Other August 2017 City: Key Biscayne Community Information | School District Trending versus*: L3M PYM LY 45 August Property sales were 11, down 35.3% from 17 in August of 2016 and 26.7% lower than the 15 sales last month. August 2017 40 Property sales were Sales at their lowest level compared to August of 2016 and 45 35 August sales sales were of 11, 116 down from 17 in behind August last of 2015. Property August YTD are 35.3% running 15.9% 2016 and 26.7% lower sales than of the 15 sales last month. August 2017 40 30 year's year-to-date 138. sales were at their lowest level compared to August of 2016 and 35 25 3 Mo Avg Prices 14 The Median Sales Price in August was $1,600,000, up 89.3% Prices from $845,000 in August of 2016 and up 23.6% from 4,200 The Median Sales in August was $1,600,000, $1,295,000 last Price month. The Average Sales Price up in 89.3% August was from $845,000 August from of 2016 and up 23.6% from of 2016 and 4,200 3,700 $1,578,409, up in 22.4% $1,290,000 in August $1,295,000 month. The Average Sales Price in August was was down 6.1% last from $1,681,533 last month. August 2017 ASP 3,700 3,200 $1,578,409, up 22.4% from $1,290,000 August 2016 and at a mid range compared to August of in 2016 and of 2015. down 6.1% from $1,681,533 last month. August 2017 ASP was 3,200 2,700 15 16 20 19 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 14 15 16 17 S O N D J F M A M J Median J A S O Sales N D J Price F M A and M J Average J A S O Sales N D J Price F M A M J J A 0 at a mid range compared to August of 2016 and 2015. 0 5 5 10 10 15 15 20 20 25 30 Number of Properties Sold 2015. August YTD sales of 116 are running 15.9% behind last year's year-to-date sales of 138. 3 Mo Avg August 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 -10% $672 -4% -5% 60% 31.9 59% 44% Number of 88.5% Properties -6.5% -3% Sol