FL ARCHIVED August 2017 | Page 118

Market Action Report City: Boca Raton Boca Raton Agent Name Title Phone Agent Name Website Title Other August 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 $460,000 2% 11% Other $953,778 Trending 1% versus*: 14% Month LM -10% L3M -2% PYM 2% LY $330,000 $460,000 2% -19% -11% 11% -17% $413,820 $953,778 2,358 1% -0% 14% -15% $330,000 395 -10% -1% -2% 2% -20% 8% $413,820 -19% -11% -17% -9% 95 3% 1% 12% 2,358 -0% -15% $247 6% 5% 11% 395 -1% -20% $192 -8% -4% -4% 95 3% 1% 12% -1% 6.0 1% 6% 5% $247 6% 5% 11% 10% 91.2% -.4% -.4% -1.7% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median Price of all Current August List Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) August Sales Price August Median Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) August Number of Properties Sold August Sold Price per Square Foot August Average Days on Market (Solds) August Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) August Sale Price vs List Price Ratio August Sold Price per Square Foot 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 $325,000 3,406 5% $473,302 0% -1% 94 10% $235 3,406 -4% 0% $199 94 -1% -20% 6.5 $235 5% -.9% 91.6% 14 600 3 Mo Avg 312 15 16 491 Prices $513,855 last month. August 2017 ASP was at the lowest level compared to August of 2016 and 2015. 3 Mo Avg 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 Median J 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 The Median Sales Price in August was $330,000, up 1.5% from Prices $325,000 in August of 2016 and down 9.6% from $365,000 last The Median Sales Price Sales in August $330,000, 1.5% from down month. The Average Price was in August was up $413,820, 600 $325,000 in August of 2016 and down 9.6% and from $365,000 16.7% from $496,926 in August of 2016 down 19.5% last from month. The last Average Sales Price 2017 in August down $513,855 month. August ASP was was $413,820, at the lowest level 550 16.7% from $496,926 of 2016 and down 19.5% from compared to August in of August 2016 and 2015. 0 100 100 200 -2% 4% 3% -13% -1% 200 300 -4% 7% -1% 4% 5% 2% -2% -11% 4% -1% 300 400 7% 4% 0% Number of Properties Sold 500 $473,302 $192 -8% -4% -4% 0% $199 2% 3% 6.0 1% 6% 5% -20% 6.5 -11% -13% of 91.6% Properties 91.2% -.4% -.4% -1.7% Number -.9% -1% Sold -1% 700 August Property sales were 395, down 19.9% from 493 in August of 2016 and 1.5% lower than the 401 sales last month. 600 Property Sales August 2017 sales were at their lowest level compared to August 700 August Property sales August were 395, down from are 493 running in 500 of 2016 and 2015. YTD sales 19.9% of 3,406 3.7% August 2016 and 1.5% lower than the of 401 sales last month. 600 behind of last year's year-to-date sales 3,537. 400 August 2017 sales were at their lowest level compared to August of 2016 and 2015. August YTD sales of 3,406 are running 3.7% behind last year's year-to-date sales of 3,537. Trending versus*: YTD Prior YTD 5% Prior Year $325,000 8% -9% * LM=Last Month / L3M