FL ARCHIVED May 2017 | Page 100

Market Action Report
Weston
City: Weston
Agent Name
Title
Phone
Agent
Name
Website
Title Other
May 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$589,900
0%
8%
Other
$802,037 Trending
0% versus*:
10%
Month
LM -7%
L3M 0%
PYM -4%
LY
$429,500
$589,900
0% -9% 1%
8% 0%
$486,590
$802,037 425
0% -6% 10% -18%
$429,500 110
-7% 9%
0% -4% 7%
-2%
$486,590 -9%
1%
0%
-1%
77 13% 7% 4%
425 -6%
-18%
$236 7% 5% 10%
110 9%
7%
$200 -2% 1% 4%
77 13% 7% 4% 0%
3.9 -14% -10% -23%
$236 7% 5% 10% 11%
94.6% -.9% -.5% .0%
May Month's Supply of Inventory
May 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
May Property sales were 110, up 6.8% from 103 in May of 2016
140
and 8.9% higher than the 101 sales last month. May 2017 sales
Property
Sales
were at their
highest level compared to May of 2016 and 2015. 160
120
May
sales
110, running
up 6.8% 3.0%
from ahead
103 in of
May
2016 year-
May Property
YTD sales
of were
417 are
last of year's
140
and
8.9%
higher
than
the
101
sales
last
month.
May
2017
sales
to-date sales of 405.
100
Prices
3 Mo Avg
14
15
16
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
14
15
16
17
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
Median Sales Price and Average Sales Price
3 Mo Avg
The Median Sales Price in May was $429,500, down 3.9% from
600
Prices
$447,000 in May of 2016 and down 7.1% from $462,500 last
The
Median
Sales
Price Sales
in May Price
was $429,500,
3.9% from
month.
The
Average
in May was down
$486,590,
up 0.0% 550
600
$447,000
in May in
of 2016
and
down
7.1%
from
$462,500
last
from $486,544
May of
2016
and
down
8.8%
from $533,407
month.
The Average
Sales
Price
in at
May
was range
$486,590,
up 0.0%
last month.
May 2017
ASP
was
a mid
compared
to May
550 500
from
$486,544
in May of 2016 and down 8.8% from $533,407
of 2016
and 2015.
last month. May 2017 ASP was at a mid range compared to May 500 450
of 2016 and 2015.
0
0
20
20
3 Mo Avg
40
40
-4%
5%
1%
4%
0%
60
60
3% -1%
1% 1%
5%
3%
-4%
-5%
5%
0%
Number of Properties Sold
80
-1%
1%
80
were at their highest level compared to May of 2016 and 2015.
120
May YTD sales of 417 are running 3.0% ahead of last year's year-
to-date sales of 405.
100
5%
$200 -2% 1% 4% 2%
$198
3%
1%
3.9 -14% -10% -23% -31%
5.8
-5%
4%
of 95.0%
Properties
94.6% -.9% -.5% .0% 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
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Number of Properties Sold
2%
417
5%
74
11%
$222
417
3%
2%
$198
74
1%
-31%
5.8
$222
5%
-.3%
95.0%
Asking Price per Square Foot (based on New Listings)
$435,019
0% $494,301
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$494,301
63
May Average Sales Price
106
May
Sales
Price
May Median
Number
of Properties
Sold
Trending versus*:
YTD
Prior YTD 2%
Prior Year
$435,019
-2%
-1%
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
Market
Profile
& Trends
May Median
Sales
Price Overview
Median
List Price
of all
Current Listings
May Average
Sales
Price
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
May 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
450 400
400 350
350 300
Inventory & MSI
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
15 A M J J A S O N D J F M 16
J J 14
A S O N D J F M
A M J J A S O N D J F M A 17 M
14
15
16
17
level compared with May 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
while
MSI is better
for buyers.
May 2017
MSI of
3.9 a 200
higher
MSI
is better
for buyers.
May 2017
MSI
of 3.9
months
was
at its lowest
level The
compared
with
May
of 2016 and 100 100
months
0
2015. was at its lowest level compared with May 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 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
14
15
16
17
14
100 | c
10.0
10.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
700
was Total
425, Inventory
down 6.0%
from 452 last
month
The
of Properties
available
for and
sale down
as of 17.6%
May from
516 425,
in May
of 6.0%
last year.
May last
2017
Inventory
was 17.6%
at its lowest
was
down
from 452
month
and down
from 700 600
516
in May
of last with
year. May
May of
2017
Inventory
was at its lowest
level
compared
2016
and 2015.
600 500
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.