FL ARCHIVED June 2017 | Page 98

Market Action Report June 2017
Weston Community Information Website | School District
Market Action Report June 2017

City : Weston

Price Range : All | Properties : SFH - Con
Agent Name

Weston Community Information Website | School District

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
$ 600,000
2 %
11 %
Average List Price of all Current Listings
$ 766,831
-3%
7 %
June Median Sales Price
$ 477,825
11 %
6 %
1 %
9 %
$ 445,000
2 %
1 %
June Average Sales Price
$ 537,457
10 %
7 %
-1%
10 %
$ 504,120
3 %
3 %
Total Properties Currently for Sale ( Inventory )
482
11 %
-8%
June Number of Properties Sold
112
0 %
-18%
531
-2%
June Average Days on Market ( Solds )
59 -22% -14% -31% -23%
70
-8%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 225
-3%
0 %
7 %
6 %
$ 222
5 %
5 %
June Sold Price per Square Foot
$ 202
1 %
1 %
2 %
3 %
$ 199
3 %
2 %
June Month ' s Supply of Inventory
4.3
11 %
1 %
11 %
-23%
5.6
-2%
-0%
June Sale Price vs List Price Ratio
94.6 %
-. 3 % -. 6 % -. 2 %
-. 3 %
95.0 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Title Phone
Other
Number of Properties Sold
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
Number of Properties Sold
3 Mo Avg
Property were at their Sales lowest level compared to June of 2016 and 2015 .
160
June Property YTD sales sales of were 531 are 112 running , down 17.6 1.8 % from behind 136 last in June year of ' s yearto-date sales of 541 .
2016 and the same as the 112 sales last month . June 2017 sales
140 were at their lowest level compared to June of 2016 and 2015 .
120
June YTD sales of 531 are running 1.8 % behind last year ' s yearto-date
120
100
80
sales of 541 .
100
60
80
40
60
20
40
0
20
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 $ 477,825 , up 0.6 % from
Prices
$ 475,000 in June of 2016 and up 11.1 % from $ 430,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 477,825 June was , up $ 0.6 537,457 % from , down
600
$
0.9 475,000 % from in June $ 542,594 of 2016 in June and up of 11.1 2016 % from and up $ 430,000 9.7 % from last
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
3 Mo Avg
month
$ 490,125 . The last Average month Sales . June Price 2017 in June ASP was $ at 537,457 a mid , range down
0.9 compared % from $ to 542,594 June of in 2016 June and of 2016 2015 and . up 9.7 % from
550
500
$ 490,125 last month . June 2017 ASP was at a mid range
500
450
compared to June of 2016 and 2015 .
450
400
115 88 82 97 71 90 62 60 100 82 104 124 115 106 94 78
115 88 82 97 71 90 62 60 100 82 104 124 115 106 94 78 78 98 63 68 73 98 103 136 88 103 94 82 59 83 51 57 98 101 112 112
78 98 63 68 73 98 103 136 88 103 94 82 59 83 51 57 98
3 Mo Avg
101 112 112
400 350 300
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of June The was Total 482 , Inventory up 10.6 % of from Properties 436 last available month for and sale down as of 8.4 June % from was 526482 in , June up 10.6 of % last from year 436 . June last month 2017 Inventory and down was 8.4 % at from a mid level 700 526 compared in June of with last June year . of June 20162017 and Inventory 2015 . was at a mid level 600 compared with June of 2016 and 2015 . 500 400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 4.3 a 200
higher months MSI was is better at its highest for buyers level . The compared June 2017 with MSI June of 4.3 of 2016 and months was at its highest level compared with June of 2016 and
100
2015 . 2015 .
0
350
300
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 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
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
600
10.0
8.0
500
8.0
400
300
6.0
6.0
4.0
200
4.0
100
2.0
2.0
597 613
597 599
613 564
599 528
564 486
528
509 486 487
509
499 487 483
499
479 483
477 483
479 463
477 445
483 427
463
382 384
445
415 427
382 462
384 498
415 508
517 462
526 498
535 508
504 517
445 526
434 535 423 504
397 445
432 434
437 423 453 397 458
432
436 437 482 453
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
458 436
482
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
98 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .