FL ARCHIVED January 2018 | Page 174

Market Action Report
City: Heathrow
Heathrow
Agent Name
Market Action Report
City: Heathrow
January 2018
Title
Phone
Agent
Name
Website
Title Other
January 2018
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
Trending versus*:
Prior YTD Prior Year
YTD
$574,500
-41%
-18%
Other
$828,230 Trending
-17% versus*:
34%
Trending versus*:
Month
LM
L3M
PYM
LY 15% YTD
Prior YTD 3%
Prior Year 15%
$500,000 110% 20% 3%
$500,000
$574,500
-41%
-18%
$500,000 110% 18% 3% 6%
$500,000
3%
6%
$828,230 -17%
10 25% 34% 11%
$500,000 110%
20% 3% -50%
15%
$500,000
3%
1 -50%
1 -50% 15%
$500,000 110%
18%
3%
6%
$500,000
3%
6% 158%
196 63% 113% 1860% 158%
196 1860%
10 25%
11%
$183 2% -1% -2% -3%
$183
-2%
-3%
1 -50%
-50%
1 -50%
$137 -13% -18% -24% -19%
$137
-24%
-19%
196 63% 113% 1860% 158%
196 1860%
158%
10.0 150% 30% 122% 147%
10.0 122%
147%
$183 2% -1% -2% -3%
$183
-2%
-3%
83.5% -9.6% -9.4% -14.2% -11.4%
83.5% -14%
-11%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price
of
all
Current
January Average Sales Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
$137 -13% -18% -24% -19%
$137
-24%
-19%
10.0 150% 30% 122% 147%
10.0 122%
147%
Number of 83.5%
Properties
83.5% -9.6% -9.4% -14.2% -11.4%
-14% Sold -11%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
12
January Property sales were 1, down 50.0% from 2 in January of
2017 and 50.0% lower than the 2 sales last month. January
10
Property
2018 sales Sales
were at their lowest level compared to January of 12
January
Property
were YTD
1, down
from
2 in January
2017 and
2016. sales
January
sales 50.0%
of 1 are
running
50.0% of
8
2017
and last
50.0%
lower
than the 2 sales
behind
year's
year-to-date
sales last
of 2. month. January
10
Prices
2
15
16
2
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
15
16
17
18
F M A M J J A S O N Median
D J F M Sales
A M J Price
J A S and
O N Average
D J F M Sales
A M J Price
J A S O N D J
The Median Sales Price in January was $500,000, up 3.0% from
800
Prices
$485,500 in January of 2017 and up 109.6% from $238,500
The
in January
was $500,000,
3.0%
from
last Median
month. Sales
The Price
Average
Sales Price
in January up
was
$500,000,
800 700
$485,500
January
of 2017
and up 109.6%
from
up 3.0% in
from
$485,500
in January
of 2017
and $238,500
up 109.6% from
last
month. last
The month.
Average January
Sales Price
in January
was
$238,500
2018
ASP was
at $500,000,
the highest 700 600
up
3.0%
from $485,500
in January
of and
2017 2016.
and up 109.6% from
level
compared
to January
of 2017
$238,500 last month. January 2018 ASP was at the highest
600 500
level compared to January of 2017 and 2016.
0
2 2
4
4
0
3 Mo Avg
6
6
Number of Properties Sold
8
2018 sales were at their lowest level compared to January of
2017 and 2016. January YTD sales of 1 are running 50.0%
behind last year's year-to-date sales of 2.
3 Mo Avg
18 3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
500 400
400 300
300 200
and 2016.
0
12.0
12.0 10.0
8.0
4.0
0
6.0
6.0
8.0
5
14.0
14.0
10.0
10
15
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 10.0 10
higher
MSI
is better
for buyers.
January with
2018 January
MSI of 10.0
months
was
at its highest
level The
compared
of 2017 5
months
was at its highest level compared with January of 2017
and 2016.
20
15
25
20
30
level compared with January of 2017 and 2016.
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
January
was 10, up of 25.0%
from available
8 last month
and
The
Total Inventory
Properties
for sale
as up
of 11.1% from
9 in January
last
year. from
January
Inventory
was from
at a mid 30
January
was 10, of up
25.0%
8 last 2018
month
and up 11.1%
9 level
in January
of last
year.
January
compared
with
January
of 2018
2017 Inventory
and 2016. was at a mid
25
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
18
F M 15
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 17
A M J J A S O N D J
15
16
17
18
200
2.0
0.0
4.0
2.0
0.0
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 S O N D J
15
16
17
18
15
16
17
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
18
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 REAL