Florida Market Viewpoint June 2017 - Page 116

Market Action Report City: Pinecrest Pinecrest Agent Name Title Phone Agent Name Website Title Other June 2017 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 $1,765,000 -1% 14% Other $2,177,601 Trending -1% versus*: 9% Month LM -33% L3M -20% PYM -19% LY $825,000 $1,765,000 -1% -27% -13% 14% -12% $1,078,179 $2,177,601 220 -1% -0% 9% -1% $825,000 -33% -20% -19% -17% 19 12% -32% $1,078,179 -27% -13% -12% -12% 99 -31% -21% 18% 220 -0% -1% $380 2% 1% 9% 19 12% -32% $317 -1% 2% 2% 99 -31% -21% 18% -4% 11.6 -11% 0% 46% $380 2% 1% 9% 6% 91.3% 4.2% 1.3% -.5% 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 Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot Trending versus*: Prior YTD -7% Prior Year -6% -17% YTD $929,000 -12% $1,161,862 -7% -6% $929,000 $1,161,862 -4% 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 20 15 10 14 15 18 15 16 15 12 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 Median M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J The Median Sales Price in June was $825,000, down 19.0% Prices from $1,018,750 in June of 2016 and down 33.2% from 1,900 The Median Sales in June was $825,000, down in 19.0% $1,235,000 last Price month. The Average Sales Price June was from $1,018,750 in June of from 2016 $1,223,629 and down 33.2% from $1,078,179, down 11.9% in June of 2016 and 1,900 1,700 $1,235,000 last from month. The Average Sales Price in 2017 June ASP was was at down 26.5% $1,467,471 last month. June $1,078,179, 11.9% from to $1,223,629 in June 2016 and 1,700 1,500 the lowest down level compared June of 2016 and of 2015. down 26.5% from $1,467,471 last month. June 2017 ASP was at the lowest level compared to June of 2016 and 2015. 0 5 Prices 5 10 0 3 Mo Avg 2 5 15 3 Mo Avg Number of Properties Sold 30 20 26% 5% -1% 6% -2% 35 25 -8% -6% 26% -6% 6% -2% 26% 4% 5% -2% $317 -1% 2% 2% 3% $305 -2% -1% 11.6 -11% 0% 46% 0% 12.3 4% 6% of 89.4% Properties 91.3% 4.2% 1.3% -.5% Number .5% -2% Sold -2% June Month's Supply of Inventory sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 104 are running 8.0% behind last year's year-to-date sales of 113. -7% 104 -7% 130 $379 104 -8% $305 130 26% 12.3 $379 6% 89.4% 6% 3% 0% .5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Property sales were 19, down 32.1% from 28 in June of 2016 and 11.8% higher than the 17 sales last month. June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 35 June Property sales sales were of 19, 104 down from 28 in behind June of last 2015. June YTD are 32.1% running 8.0% 2016 and 11.8% higher than of the 17 sales last month. June 2017 30 year's year-to-date sales 113. Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Pinecrest June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 1,500 1,300 1,300 1,100 1,100 900 900 700 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 17 200 compared with June of 2016 and 2015. 150 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 11.6 a higher MSI is better for buyers. June 2017 MSI of 11.6 months was at its highest level The compared with June of 2016 and 50 months 2015. was at its highest level compared with June of 2016 and 0 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of June 250 was Total 220, Inventory down 0.5% from 221 last month The of Properties available for and sale down as of 0.9% June from 250 222 220, in June last from year. 221 June Inventory was at a from mid level was down of 0.5% last 2017 month and down 0.9% 200 222 in June with of last June year. of June was at a mid level compared 2016 2017 and Inventory 2015. 150 100 50 0 . 18.0 16.0 14.0 12.0 10.0 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 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 116 | c 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 700 Data provided courtesy of Fort 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 d Greater w Fort el l Lauderdale ban k REALTORS, erh o REALTOR m Association e s Association co m of Martin Data is is provided courtesy Lauderdale REALTORS, REALTOR of 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.