Florida Market Viewpoint June 2017 - Page 98

Market Action Report Weston City: Weston Agent Name Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $600,000 2% 11% Other $766,831 Trending -3% versus*: 7% Month LM 11% L3M 6% PYM 1% LY $477,825 $600,000 2% 10% 7% 11% -1% $537,457 $766,831 482 -3% 11% 7% -8% $477,825 112 11% 0% 6% 1% -18% 9% $537,457 10% 7% -1% 10% 59 -22% -14% -31% 482 11% -8% $225 -3% 0% 7% 112 0% -18% $202 1% 1% 2% 59 -22% -14% -31% -23% 4.3 11% 1% 11% $225 -3% 0% 7% 6% 94.6% -.3% -.6% -.2% June Month's Supply of Inventory 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 160 June Property sales were 112, down 17.6% from 136 in June of 2016 and the same as the 112 sales last month. June 2017 sales 140 Property Sales were at their lowest level compared to June of 2016 and 2015. 160 120 June sales 112, running down 17.6% 136 last in June of year- June Property YTD sales of were 531 are 1.8% from behind year's 140 2016 and the same as the 112 sales last month. June 2017 sales to-date sales of 541. 100 Prices 14 The Median Sales Price in June was $477,825, up 0.6% from 600 Prices $475,000 in June of 2016 and up 11.1% from $430,000 last The Median Sales Price Sales in June was in $477,825, up $537,457, 0.6% from down month. The Average Price June was 600 550 $475,000 in June of 2016 and up $430,000 last 0.9% from $542,594 in June of 11.1% 2016 from and up 9.7% from month. The last Average Sales Price in June down $490,125 month. June 2017 ASP was was $537,457, at a mid range 550 500 0.9% from $542,594 in 2016 June and of 2016 and up 9.7% from compared to June of 2015. $490,125 last month. June 2017 ASP was at a mid range 500 450 compared to June of 2016 and 2015. 15 16 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 0 20 20 40 40 60 3 Mo Avg 60 80 3 Mo Avg 80 100 120 -9% 5% 2% -0% 0% Number of Properties Sold were at their lowest level compared to June of 2016 and 2015. June YTD sales of 531 are running 1.8% behind last year's year- to-date sales of 541. -2% 1% -8% 3% 5% 3% -9% -2% 5% 0% $202 1% 1% 2% 3% $199 3% 2% 4.3 11% 1% 11% -23% 5.6 -2% -0% of 95.0% Properties 94.6% -.3% -.6% -.2% Number -.3% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 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) 2% 531 3% 70 6% $222 531 -2% 3% $199 70 -8% -23% 5.6 $222 5% -.3% 95.0% June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $445,000 $504,120 -23% June Average Sales Price 68 June Sales Price June Median Number of Properties Sold Trending versus*: Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: Prior YTD Prior Year YTD Prior YTD 2% Prior Year 1% 9% YTD $445,000 10% $504,120 3% 3% 94 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 Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Weston June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 450 400 400 350 350 300 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 compared with June of 2016 and 2015. 500 400 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 400 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 4.3 a 200 100 higher MSI is better for buyers. June 2017 MSI of 4.3 months was at its highest level The compared with June of 2016 and 100 months 0 2015. was at its highest level compared with June of 2016 and 0 2015. 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 . 8.0 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 98 | c 10.0 10.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 700 was Total 482, Inventory up 10.6% of from 436 last month for and sale down 8.4% from The Properties available as of June 700 600 526 482, in June of last year. 2017 Inventory at from a mid level was up 10.6% from 436 June last month and down was 8.4% 526 in June of last June year. of June was at a mid level 600 500 compared with 2016 2017 and Inventory 2015. 300 17 Data provided courtesy of w Greater REALTORS, REALTOR of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast A Íͼ)¼°½˜ɕ…Ñ•È)”½ÉÐ)°½ÉÐ)°1…Õ‘•É‘…±”)ˆ1…Õ‘•É‘…±”)„¸I1Q=IL°)­”)ȁ I1Q=H)½´)”Íͽ¥…Ñ¥½¸)́Íͽ¥…Ñ¥½¸)Œ¼½˜´)…Ñ„)¥Ì¥Ì)Áɽ٥‘•)½ÕÉѕÍä)5…ÉÑ¥¸) ½Õ¹Ñ䰁 ½Õ¹Ñä°)5¥…µ¤Íͽ¥…Ñ¥½¸)½˜I1Q=IL°)5䁱½É¥‘„5ä)I•¥½¹…°)9…Á±•Ì)ɕ„9…Á±•Ì) ½…ɐɕ„)½˜I1Q=IL°)I1Q=ILÍͽ¥…Ñ¥½¸)Ñ¡”A…±´ •…¡•Ì°)MÁ…”) ½…ÍЁÍͽ¥…Ñ¥½¸)½˜I0)‘½•Ì)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)…ÕɅä)½˜¥¹™½Éµ…Ñ¥½¸¸)Ñ¡¥Ì¥¹™½Éµ…Ñ¥½¸¸)%Ё¥ÌÉ•ÍÁ½¹Í¥‰¥±¥Ñä)Ñ¡”É•ÍÁ½¹Í¥‰¥±¥Ñä)…¹ä½È‰Õå•È)ٕɥ™ä)…¹…±°¥¹™½Éµ…Ñ¥½¸)ѼÍՍ ½¹ÍÕµ•ËŠeÌ)•ÍхєÑɅ¹Í…Ñ¥½¸¸)‘½•Ì)¹½Ð¹½Ð)݅ÉɅ¹Ð)½ÈÕ…É…¹Ñ•”)Ñ¡”Ñ¡”)…ÕɅä)½˜Ñ¡¥Ì)%Ё¥ÌÑ¡”)½˜…¹ä½˜)‰Õå•È)͕±±•È½ÈÑ¼Í•±±•È)ٕɥ™äÑ¼…¹ä)…¹…¹ä)…±°¥¹™½Éµ…Ñ¥½¸)ɕ±•Ù…¹ÐÑ¼É•±•Ù…¹Ð)ÍՍ ½¹ÍÕµ•ËŠeÌ)ɕ…°•ÍхєÉ•…°)ÑɅ¹Í…Ñ¥½¸