FL ARCHIVED June 2017 | Page 100

Market Action Report
June 2017
Miami-Dade
County
Market Action Report
County: Miami-Dade
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 2017
County: Miami-Dade 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
$468,000
4%
10%
Other
$1,060,159 Trending
1% versus*: 8%
Month
LM 4%
L3M 3%
PYM 8%
LY
$299,942
$468,000
4% 2% 1%
10% 1%
$459,968
$1,060,159
1% -3%
8% -5%
19,631
$299,942 2,280
4% -8%
3% 8% -9%
13%
$459,968 2%
1%
1%
10%
90 -2% -1% 8%
19,631 -3%
-5%
$352 -1% -2% 4%
2,280 -8%
-9%
$258 1% 2% 5%
90 -2% -1% 8% 7%
8.6 5% -3% 5%
$352 -1% -2% 4% 1%
93.5% .0% .1% -.7%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
June Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
June
Sales
Price
June Median
Number
of Properties
Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
June Number of Properties Sold
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Month's Supply of Inventory
Asking Price per Square Foot (based on New Li stings)
June Sale Price vs List Price Ratio
June Sold Price per Square Foot
$258 1%
8.6 5%
93.5% .0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
June 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
Trending versus*:
Prior YTD 10%
Prior Year 8%
13% YTD
$286,000
10%
$452,916
5%
8%
$286,000 12,764
10%
$452,916
5%
7%
92
-3% 8%
11% 8%
3%
4%
10%
5%
3%
-1%
1%
$361
12,764
-3%
8%
$252
92
11%
-11%
10.0
$361
3%
-.6%
93.3%
10%
3%
5%
3%
-1%
2% 5% 8%
$252
4%
5%
-3% 5% -11%
10.0
5%
3%
of 93.3%
Properties
.1% -.7% Number
-.6%
-1% Sold -1%
3,000
June Property sales were 2,280, down 9.2% from 2,512 in June
of 2016 and 7.7% lower than the 2,469 sales last month. June
2,500
Property
2017 sales Sales
were at their lowest level compared to June of 2016 3,000
June
sales
were
2,280,
down 9.2%
from 2,512
in behind
June
and Property
2015. June
YTD
sales
of 12,764
are running
3.1%
2,000
of last
2016
and year-to-date
7.7% lower than
the of 2,469
sales last month. June
year's
sales
13,168.
2,500
2017 sales were at their lowest level compared to June of 2016
and 2015. June YTD sales of 12,764 are running 3.1% behind
last year's year-to-date sales of 13,168.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
3 Mo Avg
1,500
2,000
1,000
2,367
2,385
1,929
1,706
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
14
15
16
17
J A S O N D J F M Median
A M J J Sales
A S O Price
N D J and
F M A Average
M J J A Sales
S O N Price
D J F M A M J
0
Prices
14
The Median Sales Price in June was $299,942, up 8.2% from
500
Prices
$277,100 in June of 2016 and up 3.8% from $289,000 last
The
Median
Sales
Price Sales
in June
was in
$299,942,
8.2% from up 0.8%
month.
The
Average
Price
June was up $459,968,
500 450
$277,100
in June in
of June
2016 of
and
up 3.8%
from
$289,000
last
from $456,125
2016
and up
2.4%
from $449,397
last
month.
Average
Price
June
was $459,968,
up 0.8%
month. The
June
2017 Sales
ASP was
at in the
highest
level compared
to 450 400
from
June
of 2016 and up 2.4% from $449,397 last
June $456,125
of 2016 in
and
2015.
month. June 2017 ASP was at the highest level compared to
400 350
June of 2016 and 2015.
0
500
1,000 500
1,500
15
16
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
350 300
300 250
250 200
Inventory & MSI
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
15 A M J J A S O N D J F M 16
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M J
14
15
16
17
20,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
19,000
19,000
A comparatively lower MSI is more beneficial for sellers while a 18,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 8.6 a 18,000
17,000
higher
MSI
is better
for buyers.
June 2017
MSI
of 8.6
months
was
at its highest
level The
compared
with
June
of 2016 and
17,000
months
was
at
its
highest
level
compared
with
June
of
2016
and
16,000
2015.
16,000
2015.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
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
.
14.0
8.0
6.0
4.0
2.0
0.0
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 F M A M J
14
15
16
17
14
100 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
22,000
was Total
19,631,
down 3.5%
from 20,341
last for
month
and
The
Inventory
of Properties
available
sale as
of down
June 4.5%
from
20,558
in June
of last 20,341
year. last
June
2017 and
Inventory
was at a 22,000
was
19,631,
down
3.5% from
month
down 4.5%
21,000
from
in June of with
last year.
June
2017
Inventory
mid 20,558
level compared
June of
2016
and
2015. was at a
21,000
20,000
mid level compared with June of 2016 and 2015.
200
17
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
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.