FL ARCHIVED January 2018 | Page 94

Market Action Report
January 2018
Pembroke
Pines
Market Action Report
City: Pembroke Pines
Agent Name
Title
Phone
Agent
Name
Website
Title Other
January 2018
City: Pembroke Pines Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$275,300
-6%
15%
Other
$286,594 Trending
-2% versus*: 5%
Month
LM -2%
L3M 0%
PYM 17%
LY
$295,000
$275,300
-6% 9% 6%
15% 15%
$299,314
$286,594 502
-2% 0%
5% -21%
$295,000 -2%
0%
17%
-1%
73 -41%
-45%
$299,314 9%
6%
15%
7%
68 6% 5% 1%
502 0%
-21%
$154 -4% 0% 3%
73 -41%
-45%
$151 7% 4% 7%
68 6% 5% 1% 17%
6.9 71% 38% 43%
$154 -4% 0% 3% 2%
95.6% 1.5% .8% .2%
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
300
January Property sales were 73, down 44.7% from 132 in
January of 2017 and 41.1% lower than the 124 sales last month.
250
Property
Sales
January 2018
sales were at their lowest level compared to
300
January
were 73,
down 44.7%
from of
132 73 in are running
January Property
of 2017 sales
and 2016.
January
YTD sales
200
January
of 2017 last
and year's
41.1% lower
than the sales
124 sales
last month.
44.7% behind
year-to-date
of 132.
250
Prices
15
16
17
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
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
Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in January was $295,000, up 17.3%
Prices
from $251,500 in January of 2017 and down 1.7% from
340
The
Median Sales
Price in The
January
was Sales
$295,000,
$300,000
last month.
Average
Price up
in 17.3%
January was
from
$251,500
January
2017 and in
down
1.7% from
$299,314,
up in
15.3%
from of $259,699
January
of 2017 and up 340 320
$300,000
last
month. The
Price
in January
was
8.7% from
$275,239
last Average
month. Sales
January
2018
ASP was
at the
320 300
$299,314,
up 15.3%
from $259,699
in of
January
of 2017
and up
highest level
compared
to January
2017 and
2016.
8.7% from $275,239 last month. January 2018 ASP was at the
300 280
highest level compared to January of 2017 and 2016.
0
50 50
100
100
0
3 Mo Avg
150
150
3 Mo Avg
Number of Properties Sold
200
January 2018 sales were at their lowest level compared to
January of 2017 and 2016. January YTD sales of 73 are running
44.7% behind last year's year-to-date sales of 132.
17%
2%
5%
90%
0%
$151 7% 4% 7% 5%
$151
7%
5%
6.9 71% 38% 43% 90%
6.9
43%
90%
of 95.6%
Properties
95.6% 1.5% .8% .2% Number
.1%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sold Price per Square Foot
January Average Days on Market (Solds)
17%
73
15%
68
January Number of Properties Sold
2%
5%
90%
.1%
Asking Price per Square Foot (based on New Listings)
-1%
7%
15%
-45% -1%
1% 7%
$154
3%
73 -45%
$151
7%
68
1%
17%
6.9
43%
$154
3%
2%
95.6%
0%
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$295,000
$299,314
17%
January Average Sales Price
$299,314
192
January
Sales
Price
January Median
Number
of Properties
Sold
Trending versus*:
YTD
Prior YTD 17%
Prior Year
$295,000
-1%
7%
192
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average List Price of all Current Listings
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
18
Median Sales Price and Average Sales Price
3 Mo Avg
280 260
260 240
240 220
220 200
.
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
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
18
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
15
16
17
18
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
94 | c
900
800
700
600
500
400
300
200
100
0
Total Inventory & Month's Supply of Inventory (MSI)
600
500
A comparatively lower MSI is more beneficial for sellers while 400
a
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 6.9 300
200
higher
MSI
is better
for buyers.
January with
2018 January
MSI of 6.9
months
was
at its highest
level The
compared
of 2017
100
months
was at its highest level compared with January of 2017
and 2016.
0
and 2016.
and 2016.
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
January
was 502, up
0.4% from available
500 last for
month
and
The
Total Inventory
of Properties
sale as
of down
900
20.9% from
635 up
in 0.4%
January
last last
year.
January
2018
January
was 502,
from of 500
month
and down
800
20.9%
from was
635 in
of level
last year.
January
2018
Inventory
at January
its lowest
compared
with
January of 2017
Inventory
was at its lowest level compared with January of 2017 700
and 2016.
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
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o l of d Greater
e Fort
l Fort
l Lauderdale
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
Data
is is
provided
courtesy
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.