FL ARCHIVED June 2017 | Page 104
Market Action Report
June 2017
Coconut
Grove
Market Action Report
City: Coconut Grove
Agent Name
Title
Phone
Agent
Name
Website
Title Other
June 2017
City: Coconut Grove Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$1,699,000
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: All List
| Properties:
SFH of
- Con
LM
Trending versus*:
L3M PYM
LY
-4%
51%
$2,587,826 Trending
-4% versus*:
43%
Month
LM -37%
L3M 9%
PYM 101%
LY
$1,325,000
$1,699,000
-4% -21% 4%
51% 63%
$1,770,250
$2,587,826 117
-4% -6% 43% -23%
$1,325,000 -37% 9% 101% 66%
10 -33%
-58%
$1,770,250 -21% 4% 63% 64%
122 -13% -13% -16%
117 -6%
-23%
$577 3% -1% 21%
10 -33%
-58%
$452 -18% -10% 29%
122 -13% -13% -16% -2%
$577 11.7
3% 40%
-1% 32%
21% 85%
1%
87.9%
-1.6%
-1.3%
$452 -18% -10% 29% 5.4%
6%
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 Listings
Total Properties Currently for Sale (Inventory)
June Median Sales Price
June 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 Listings)
June Sold
Sale Price
Price per
vs Square
List Price
June
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
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
400
Inventory & MSI
16
Median Sales Price
and Average Sales Price
16
17
15
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
30.0
25.0
20.0
150
100
50
15.0
10.0
5.0
0
0.0
30.0
25.0
20.0
15.0
10.0
5.0
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
15
16
17
14 14
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
.
3 Mo Avg
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
250
The
of from
Properties
available
sale
as of 23.0%
June from
was Total
117, Inventory
down 6.4%
125 last
month for
and
down
was
down of
6.4%
last 2017
month
and down
23.0%
152 117,
in June
last from
year. 125
June
Inventory
was
at its from
lowest 250
200
152
in June
of last with
year. June
June of 2017
Inventory
was at its lowest
level
compared
2016
and 2015.
200
104 | c
20
11
14
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 11.7 a
higher MSI is better for buyers. The June 2017 MSI of 11.7
months was at its highest level compared with June of 2016 and 50
months was at its highest level compared with June of 2016 and
2015.
0
2015.
3 Mo Avg
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 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
The Median Sales Price in June was $1,325,000, up 100.8%
Prices
from $659,750 in June of 2016 and down 36.9% from
2,200
The
Median Sales
in June
$1,325,000,
up 100.8%
$2,100,000
last Price
month.
The was
Average
Sales Price
in June was
2,000
from
$659,750 up
in 63.3%
June of from
2016 $1,084,271
and down 36.9%
from
$1,770,250,
in June
of 2016 and 2,200 1,800
$2,100,000
last
month.
The Average
Sales Price
in 2017
June ASP
was was 2,000
down 21.4%
from
$2,251,887
last month.
June
at
1,600
$1,770,250,
63.3%
from $1,084,271
in 2016
June and
of 2016
and
the highest up
level
compared
to June of
2015.
1,800
down 21.4% from $2,251,887 last month. June 2017 ASP was at
1,400
1,600
the highest level compared to June of 2016 and 2015.
1,200
1,400
1,200 1,000
1,000 800
800 600
600 400
150
0
5 5
10
level compared with June of 2016 and 2015.
23%
9%
15%
-1%
1%
15
10
Prices
56%
-17%
57%
-2%
152
35%
1%
$622
20%
67 -17%
6%
$491
13%
152
35%
23%
-16% $622 13.8
20% -3% 9%
.3% $491 88.7%
13% 1% 15%
20
15
0
57%
67
47%
Number of Properties Sold
25
20
$1,250,000
$1,687,192
30
sales were at their lowest level compared to June of 2016 and
2015. June YTD sales of 67 are running 17.3% behind last year's
year-to-date sales of 81.
Trending versus*:
Prior YTD 57%
Prior Year 56%
66% YTD
$1,250,000
64% $1,687,192
47%
57%
11.7 40% 32% 85% -16%
13.8
-3%
-1%
of 88.7%
Properties
87.9% -1.6% -1.3% 5.4% Number
.3%
1% Sold 1%
June Month's Supply of Inventory
June Property sales were 10, down 58.3% from 24 in June of
2016 and 33.3% lower than the 15 sales last month. June 2017
Property
sales were Sales
at their lowest level compared to June of 2016 and 30
June
Property
sales sales
were of
10, 67 down
58.3% from
24 behind
in June last
of year's
2015.
June YTD
are running
17.3%
2016
and 33.3%
lower
25
year-to-date
sales
of than
81. the 15 sales last month. June 2017
Trending versus*:
Prior YTD Prior Year
YTD
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
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
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
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.