FL ARCHIVED August 2017 | Page 174

Market Action Report City: Heathrow Heathrow 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 $704,500 18% 57% Other $958,790 Trending 64% versus*: 72% Month LM L3M PYM LY $362,500 -15% -21% -3% $704,500 18% 57% $454,500 17% -3% 12% $958,790 64% 10 67% 72% -9% $362,500 -15% -21% -3% -25% -9% 3 0% $454,500 17% -3% 12% 5% 66 47% -44% -44% 10 67% -9% $225 30% 14% 34% 3 0% -25% $165 4% 2% 4% 66 47% -44% -44% -38% 3.3 67% 28% 21% $225 30% 14% 34% 32% 93.5% -3.8% 1.5% 5.9% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median List Price of all Current August 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 $435,000 $484,785 -38% -42% 9% -32% 12% 32% $190 16% 22 -42% 3% $170 6% 72 -32% -32% -32% 3.3 -28% $190 16% 12% 1.2% 94.6% 2% 3 Mo Avg 4 0 2 4 14 15 16 2 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 The Median Sales Price in August was $362,500, down 3.1% 800 Prices from $374,000 in August of 2016 and down 14.7% from The Median last Sales month. Price in The August was $362,500, 3.1% was $425,000 Average Sales Price down in August 800 700 from $374,000 August of $407,313 2016 and in down 14.7% $454,500, up in 11.6% from August of from 2016 and up $425,000 last $388,333 month. The Price 2017 in August was at the 700 600 17.0% from last Average month. Sales August ASP was $454,500, up 11.6% from $407,313 of 2016 and up highest level compared to August in of August 2016 and 2015. 17.0% from $388,333 last month. August 2017 ASP was at the 600 500 highest level compared to August of 2016 and 2015. 3 Mo Avg 6 2 Prices -32% 12% 6% -33% 2% 8 4 0 10% 22 12% 72 Number of Properties Sold 10 6 9% 12% 12% 12 8 $484,785 $165 4% 2% 4% 3% $170 6% 6% 3.3 67% 28% 21% -32% 3.3 -28% -33% Number of 94.6% Properties 93.5% -3.8% 1.5% 5.9% 1.2% 2% Sold 2% August Month's Supply of Inventory were at their lowest level compared to August of 2016 and 2015. August YTD sales of 22 are running 42.1% behind last year's year-to-date sales of 38. Trending versus*: YTD Prior YTD 10% Prior Year $435,000 -9% 5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Property sales were 3, down 25.0% from 4 in August of 2016 and the same as the 3 sales last month. August 2017 sales Property Sales were at their lowest level compared to August of 2016 and 2015. 12 August sales 3, down 25.0% from 4 in August of August Property YTD sales of were 22 are running 42.1% behind last year's 2016 and the same year-to-date sales as of the 38. 3 sales last month. August 2017 sales 10 Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Heathrow August 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 500 400 400 300 300 200 and 2015. 0 20.0 10.0 5.0 10.0 0 15.0 15.0 20.0 5 25.0 25.0 10 15 20 25 15 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for 2017 sellers while a 10 MSI is better for buyers. August MSI of 3.3 higher MSI is better for buyers. August 2017 of 3.3 months was at its highest level The compared with MSI August of 2016 5 months was at its highest level compared with August of 2016 and 2015. 30.0 30.0 20 30 level compared with August of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of August was Total 10, up 66.7% from 6 last month and for down 11 in The Inventory of Properties available sale 9.1% as of from August 30 August of 66.7% last year. 2017 Inventory was at its 11 lowest was 10, up from August 6 last month and down 9.1% from in August of last year. August 2017 at its lowest level compared with August of Inventory 2016 and was 2015. 25 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 14 N D J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A 14 15 16 17 200 0.0 5.0 0.0 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 M J J A 14 15 16 17 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 174 | c o l d w e l l b a n k e r h o m e s . c o m 17 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.