FL ARCHIVED 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.