Florida Market Viewpoint July 2017 - Page 88

Market Action Report City: Coral Springs July 2017 Coral Springs Agent Name Title Phone Agent Name Website Title Other July 2017 City: Coral Springs 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 $389,450 2% 13% Other $398,235 Trending 3% versus*: 15% Month LM 5% L3M 6% PYM 9% LY $370,000 $389,450 2% 10% 9% 13% 14% $356,963 $398,235 434 3% -10% 15% -45% $370,000 142 5% -28% 6% 9% -30% 14% $356,963 10% 9% 14% 18% 48 7% 0% -40% 434 -10% -45% $168 4% 2% 11% 142 -28% -30% $163 2% 2% 11% 48 7% 0% -40% -38% 3.1 25% 14% -22% $168 4% 2% 11% 11% 96.9% -.2% .2% .6% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot $163 2% 2% 11% 3.1 25% 14% -22% 96.9% -.2% .2% .6% July 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 250 July Property sales were 142, down 29.7% from 202 in July of 2016 and 28.3% lower than the 198 sales last month. July 2017 Property sales were Sales at their lowest level compared to July of 2016 and 250 200 July Property sales sales were of 142, down from 17.4% 202 in July of last 2015. July YTD 1,065 are 29.7% running behind 2016 and 28.3% lower sales than of the 198 sales last month. July 2017 year's year-to-date 1,289. 200 150 sales were at their lowest level compared to July of 2016 and -17% 5% -35% 5% 11% $163 9% 1,065 -17% 14% $155 9% 53 -35% -31% -19% 3.2 -28% $163 9% 7% .4% 96.7% 0% -31% 7% 8% -15% 0% 3 Mo Avg Number of Properties Sold Prices 3 Mo Avg 166 0 50 50 100 14 The Median Sales Price in July was $370,000, up 8.8% from Prices $340,000 in July of 2016 and up 5.0% from $352,500 last 390 The Median Sales Price Sales in July Price was $370,000, 8.8% from month. The Average in July was up $356,963, up 13.8% 370 $340,000 in July in of July 2016 of and up and 5.0% $352,500 last from $313,813 2016 up from 10.5% from $323,056 last 390 month. Average Sales was Price was $356,963, up 13.8% month. The July 2017 ASP at in the July highest level compared to July 350 from $313,813 in July of 2016 and up 10.5% from $323,056 last 370 of 2016 and 2015. month. July 2017 ASP was at the highest level compared to July 350 330 15 16 170 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 14 15 16 17 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