FL ARCHIVED August 2017 | Page 86

Market Action Report August 2017 Broward County Market Action Report County: Broward County: Broward 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 $335,000 3% 20% Other $607,120 Trending 2% versus*: 22% Month LM 3% L3M 3% PYM 14% LY $267,000 $335,000 3% 3% 4% 20% 17% $340,692 $607,120 2% -5% 22% -23% 11,172 $267,000 2,158 3% -12% 3% 14% -26% 21% $340,692 3% 4% 17% 17% 68 -1% -3% -27% 11,172 -5% -23% $211 0% -1% 8% 2,158 -12% -26% $185 2% 2% 15% 68 -1% -3% -27% -20% 5.2 8% 10% 4% $211 0% -1% 8% 9% 94.9% -.4% -.2% -.6% 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 $185 2% 2% 15% 5.2 8% 10% 4% 94.9% -.4% -.2% -.6% 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 3,500 August Property sales were 2,158, down 25.6% from 2,902 in August of 2016 and 12.5% lower than the 2,465 sales last month. 3,000 Property Sales August 2017 sales were at their lowest level compared to August 3,500 August Property sales August were 2,158, 25.6% from 2,902 in 8.1% 2,500 of 2016 and 2015. YTD down sales of 19,660 are running August 2016 and 12.5% lower than the sales last month. 3,000 behind of last year's year-to-date sales of 2,465 21,392. 2,000 August 2017 sales were at their lowest level compared to August of 2016 and 2015. August YTD sales of 19,660 are running 8.1% behind last year's year-to-date sales of 21,392. Trending versus*: Prior YTD 9% Prior Year 9% 21% YTD $240,000 17% $313,066 8% 8% $240,000 19,660 9% $313,066 8% -20% 72 9% 14% -11% -.1% -8% 9% -17% 8% $209 9% 19,660 -8% $176 10% 72 -17% -15% 5.3 -13% $209 9% 8% 95.0% -0% -15% 8% 9% -10% -0% 14% $176 10% 9% -11% 5.3 -13% -10% Number of 95.0% Properties -.1% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 2,500 1,500 2,000 1,000 Prices $329,410 last month. August 2017 ASP was at the highest level compared to August of 2016 and 2015. Inventory & MSI 290 270 250 230 210 190 170 150 14 350 330 310 290 270 250 230 210 190 170 150 15 16 3