Florida Market Viewpoint June 2017 - Page 132

Market Action Report City: Wellington Wellington Agent Name Title Phone Agent Name Website Title Other June 2017 Community Information | School District 3 Mo Avg 14 The Median Sales Price in June was $390,000, up 4.8% from 1,000 Prices $372,000 in June of 2016 and down 2.1% from $398,500 last The Median Sales Price Sales in June was in $390,000, 4.8% from month. The Average Price June was up $549,881, down 1,000 900 $372,000 in $553,828 June of 2016 and down 2.1% from $398,500 last 0.7% from in June of 2016 and down 5.1% from month. The last Average Sales Price in June down $579,600 month. June 2017 ASP was was $549,881, at the lowest level 900 800 0.7% from $553,828 in 2016 June and of 2016 and down 5.1% from compared to June of 2015. 800 700 15 16 71 Prices 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 Median Sales Price and Average Sales Price 0 $579,600 last month. June 2017 ASP was at the lowest level compared to June of 2016 and 2015. 0 20 20 40 40 60 60 80 80 100 3 Mo Avg Number of Properties Sold 120 0% 11% 0% -1% -1% 180 June Property sales were 117, down 19.9% from 146 in June of 160 2016 and 7.1% lower than the 126 sales last month. June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 180 140 June Property sales sales were of 117, down from 146 behind in June last of 2015. June YTD 632 are 19.9% running 0.3% 160 120 2016 and 7.1% lower than 126 sales last month. June 2017 year's year-to-date sales the of 634. sales were at their lowest level compared to June of 2016 and 140 100 2015. June YTD sales of 632 are running 0.3% behind last year's year-to-date sales of 634. -0% 2% 3% -4% 18% -5% 0% -9% 11% -1% 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 2% -4% $206 6% 2% 11% 1% $203 -5% 0% 6.1 10% -3% 17% -17% 7.2 -9% -1% of 92.9% Properties 93.5% 2.0% .8% .8% Number -.1% -1% Sold -1% * 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 -16% June Sale Price vs List Price Ratio June Sold Price per Square Foot June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sold Price per Square Foot June Average Days on Market (Solds) June Number of Properties Sold Asking Price per Square Foot (based on New Listings) 3% 632 -16% 97 -15% $270 632 -0% 1% $203 97 3% -17% 7.2 $270 18% -.1% 92.9% June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $375,000 $567,443 -14% June Average Sales Price June Sales Price June Median Number of Properties Sold $567,443 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: YTD Prior YTD 3% Prior Year $375,000 6% -7% 125 Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales $534,500 -2% 14% Other $1,540,545 Trending -8% versus*: 15% Month LM -2% L3M 4% PYM 5% LY $390,000 $534,500 -2% -5% -6% 14% -1% $549,881 $1,540,545 710 -8% 2% 15% -6% $390,000 117 -2% -7% 4% 5% -20% 6% $549,881 -5% -6% -1% -7% 83 -28% -19% -19% 710 2% -6% $207 -14% -19% -5% 117 -7% -20% $206 6% 2% 11% 83 -28% -19% -19% -14% 6.1 10% -3% 17% $207 -14% -19% -5% -15% 93.5% 2.0% .8% .8% Average List Price of all Current Listings Trending versus*: Prior YTD Prior Year YTD Trending versus*: L3M PYM LY LM Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Price Range: All | Properties: SFH - Con Market Action Report City: Wellington June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 700 600 600 500 500 400 400 300 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 17 800 compared with June of 2016 and 2015. 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 600 400 A comparatively lower MSI is more beneficial for sellers while a 400 A higher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The June 2017 MSI of 6.1 200 higher MSI is better for buyers. June 2017 MSI of 6.1 months was at its highest level The compared with June of 2016 and 200 months was at its highest level compared with June of 2016 and 0 2015. 0 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 14 132 | c 14.0 The Total Inventory Inventory & MSI of Properties available for sale as of June was Total 710, Inventory up 2.5% from 693 last available month and from 759 1,000 The of Properties for down sale as 6.5% of June in June of 2.5% last year. 2017 Inventory was 6.5% at its from lowest was 710, up from June 693 last month and down 759 level 1,000 800 in compared June of last year. June 2017 Inventory with June of 2016 and 2015. was at its lowest level 300 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.