Florida Market Viewpoint June 2017 - Page 126

Market Action Report June 2017 Jupiter/Jupiter Beach Market Action Report City: Jupiter 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 $575,000 -3% 7% Other $1,151,844 Trending -5% versus*: 15% Month LM 13% L3M 7% PYM 13% LY $441,250 $575,000 -3% 9% 1% 7% 19% $549,811 $1,151,844 626 -5% -1% 15% -17% $441,250 192 13% 7% 7% 13% -4% 14% $549,811 82 9% -6% 1% -5% 19% -4% 3% 626 -1% -17% $268 -1% -1% 7% 192 7% -4% $227 -5% -5% 3% 82 -6% -5% -4% -9% 3.3 -7% -8% -14% $268 -1% -1% 7% 1% 93.3% .4% .1% -.1% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price Currently of all Current Total Properties 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 $227 -5% 3.3 -7% 93.3% .4% * 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 Property Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 250 June Property sales were 192, down 3.5% from 199 in June of 2016 and 6.7% higher than the 180 sales last month. June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 250 200 June Property sales sales were of 192, 3.5% from 199 ahead in June 2015. June YTD 929 down are running 1.2% of of last 2016 and 6.7% higher sales than of the 918. 180 sales last month. June 2017 year's year-to-date 200 150 sales were at their lowest level compared to June of 2016 and $538,253 $400,000 -9% $538,253 5% 929 3% 86 1% $271 929 1% -3% $237 86 -4% -42% 5.5 $271 3% -.1% 93.4% 3% 3% 1% 1% 3% -4% 1% 3% 3% -4% -5% 2% 0% -4% 2% 2% -2% -0% 3 Mo Avg Number of Properties Sold 3 Mo Avg 14 140 15 700 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 650 111 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 A Sales S O N Price D J and F M A Average M J J A Sales S O N Price D J F M A M J Prices The Median Sales Price in June was $441,250, up 13.1% from $390,000 in June of 2016 and up 13.0% from $390,500 last Prices The Median Sales Price Sales in June was in $441,250, 13.1% from month. The Average Price June was up $549,811, up 18.6% 700 $390,000 in June in of June 2016 of and up and 13.0% last from $463,681 2016 up from 9.2% $390,500 from $503,580 last month. Average Sales was Price June was $549,811, up 18.6% month. The June 2017 ASP at in the highest level compared to 650 from in June of 2016 and up 9.2% from $503,580 last 600 June $463,681 of 2016 and 2015. 0 50 50 100 0 month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. Trending versus*: YTD Prior YTD 5% Prior Year $400,000 14% 3% 150 100 2015. June YTD sales of 929 are running 1.2% ahead of last year's year-to-date sales of 918. Trending versus*: Prior YTD Prior Year YTD -5% 3% -3% $237 3% 2% -8% -14% -42% 5.5 -5% -2% of 93.4% Properties .1% -.1% Number -.1% 0% Sold -0% City: Jupiter Agent Name 3 Mo Avg 600 550 550 500 500 450 450 400 400 350 350 300 800 level compared with June of 2016 and 2015. 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 10.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 1,000 was Total 626, Inventory down 0.8% from 631 last month The of Properties available for and sale down as of 16.6% June from 751 626, in June of 0.8% last year. June 2017 Inventory was 16.6% at its from lowest 1,000 was down from 631 last month and down 800 level compared 2016 and 2015. 751 in June of last with year. June June of 2017 Inventory was at its lowest 600 400 10.0 A comparatively lower MSI is more beneficial for sellers while a 400 A higher comparatively lower for MSI buyers. is more The beneficial for sellers while MSI is better June 2017 MSI of 3.3 a 200 higher MSI is better for buyers. June 2017 of of 3.3 2016 and 200 months was at its lowest level The compared with MSI June months was at its lowest level compared with June of 2016 and 0 2015. 0 2015. 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 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 8.0 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 J A 14 S O N D J F 15 M 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 A 17 M J 14 15 16 17 300 6.0 4.0 2.0 0.0 8.0 6.0 4.0 2.0 0.0 A M J Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 126 | c . Data is is provided provided courtesy of d Greater Miami Association of REALTORS, Florida MLS, Regional MLS, Naples Board of REALTORS, 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 courtesy County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Board Area of REALTORS, REALTORS REALTORS Association of Association the Palm Beaches, Space Coast Association of REAL does not not warrant warrant guarantee accuracy of this information. It is responsibility the responsibility any or buyer verify and all information relevant to such consumer’s estate transaction. does or or guarantee the the accuracy of this information. It is the of any of buyer seller or to seller verify to any and any all information relevant to such consumer’s real estate real transaction.