FL ARCHIVED June 2017 | Page 90

Market Action Report June 2017 Agent Name
Phone Community Information Website | School District Other
Market Action Report June 2017 Agent Name

Fort City : Fort Lauderdale / Fort Lauderdale Beach Title

Phone Community Information Website | School District Other

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 499,000
0 %
16 %
Average List Price of all Current Listings
$ 1,149,296
3 %
23 %
June Median Sales Price
$ 320,000
2 %
7 %
11 %
14 %
$ 290,000
6 %
4 %
June Average Sales Price
$ 516,598
6 %
9 %
21 %
12 %
$ 471,949
4 %
2 %
Total Properties Currently for Sale ( Inventory )
2,151
-2%
-17%
June Number of Properties Sold
381
7 %
6 %
1,911
-1%
June Average Days on Market ( Solds )
108
13 %
9 %
-6%
1 %
96
-10%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 387
25 %
14 %
28 %
25 %
$ 334
8 %
8 %
June Sold Price per Square Foot
$ 275
6 %
6 %
14 %
11 %
$ 258
6 %
4 %
June Month ' s Supply of Inventory
5.6
-8%
-9% -22% -32%
7.6
-10%
-8%
June Sale Price vs List Price Ratio
94.0 %
-. 4 % -. 2 % -. 7 %
-. 0 %
94.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
450
June Property sales were 381 , up 5.8 % from 360 in June of 2016 and 7.0 % higher than the 356 sales last month . June 2017 sales
400
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to June of 2016 and 2015 .
450
350
June Property YTD sales sales of were 1,911381 are , running up 5.8 % from 1.1 % 360 behind June last year of 2016 ' s yearto-date sales of 1,932 . and 7.0 % higher than the 356 sales last month . June 2017 sales
400
300
were at their highest level compared to June of 2016 and 2015 .
350
250
June YTD sales of 1,911 are running 1.1 % behind last year ' s yearto-date sales of 1,932 .
300
200
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 320,000 , up 10.5 % from
Prices
$ 289,500 in June of 2016 and up 1.7 % from $ 314,500 last
The month Median . The Sales Average Price Sales in June Price was in $ 320,000 June was , up $ 516,598 10.5 % from , up 21.1 %
600
$ from 289,500 $ 426,707 in June in of June 2016 of and 2016 up 1.7 and % up from 6.3 $ % 314,500 from $ last 485,889 last month . . The June Average 2017 Sales ASP was Price at in the June highest was $ level 516,598 compared , up 21.1 to %
550 from
June $ 426,707 of 2016 and in June 2015 of . 2016 and up 6.3 % from $ 485,889 last
500
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
15
16
17
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
450
3 Mo Avg
month . June 2017 ASP was at the highest level compared to
June of 2016 and 2015 .
450
400
400
350
350
300
300
250
319 272 306 273 236 343
319 272 306 273 236 343 242 254 373 347 362 370 394 315 354 305 257 348 239 289 362 337 345 360 297 303 331 267 279 305 241 236 368 329 356 381
250
200
200
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
A
14 S O N D
J
F M
15 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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 2,151 Inventory , down 1.8 of % Properties from 2,191 available last month for sale and as down of June 17.4 %
3,000 was from 2,151 2,603 , down in June 1.8 % from of last 2,191 year last . June month 2017 and Inventory down 17.4 was % at its
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from lowest 2,603 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest level compared with June of 2016 and 2015 .
2,500
2,000
10.0
8.0
2,000
1,500
8.0
6.0
1,500
6.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0 higher MSI is better for buyers . The June 2017 MSI of 5.6 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 5.6
500 of 2016 and
500
2.0 months
2015 . was at its lowest level compared with June of 2016 and
0
2015 .
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
4.0
2.0
0.0
2,240 2,241 2,317 2,398 2,401
242 254 373 347 362
2,240 2,241 2,317 2,398 2,401 2,348 2,524 2,600 2,464 2,444 2,375 2,328 2,318 2,272 2,247 2,338 2,378 2,325
2,497
Number of Properties Sold
370 394 315 354 305
2,348 2,524 2,600 2,464 2,444 2,375 2,328 2,318 2,272 2,247 2,338 2,378 257 348 239 289
2,730
2,325 2,724 2,726 2,674 2,603
362 337 345 360 297
2,497 2,730 2,724 2,726 2,674 2,603 2,518 2,462 303 331 267 279 305 241
2,518 2,462 2,338 2,346 2,360 2,305 2,447 2,418 2,408 2,272 2,191 2,151
236 368 329
2,338 2,346 2,360 2,305 2,447 2,418 2,408 2,272 2,191 2,151
3 Mo Avg
356
381
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