FL ARCHIVED May 2017 | Page 110

Market Action Report Kendall City: Kendall Agent Name Market Action Report City: Kendall May 2017 Title Phone Agent Name Website Title Other May 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $399,000 25% 122% Other $341,580 Trending 17% versus*: 35% Trending versus*: Month LM L3M -7% PYM 3% LY -22% YTD Prior YTD -4% Prior Year -16% $170,000 $182,500 $39 9,000 25% 122% -19% -25% $170,000 -7% $182,500 -16% -20% $341,580 17% 35% 5 -17% -78% $170,000 -22% $182,500 -4% -16% 1 -7% 3% -80% 2 -93% $170,000 94 -7% 22% -19% -25% $182,500 -16% -20% -16% 9% 2% 77 -15% 5 -17% -78% $0 -100% -100% -100% -100% $155 -6% -11% 1 -80% 2 -93% $0 -100% -100% -100% $158 10% 7% 94 22% 9% 2% 77 -15% -16% 5.0 0% -17% 9% -42% 6.0 -36% -30% $0 -100% -100% -100% -100% $155 -6% -11% 91.9% -3.2% -6.2% -3.1% 95.0% 0% 0% Average List Price of all Current Listings 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 Total Properties Currently for Listings Sale (Inventory) May Sales Price May Median Number of Properties Sold May Average Sales Price May Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) May Number of Properties Sold May Sold Price per Square Foot May Average Days on Market (Solds) May Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) May Sale Price vs List Price Ratio May Sold Price per Square Foot $0 -100% -100% -100% $158 10% 7% 5.0 0% -17% 9% -42% 6.0 -36% -30% Number of 95.0% Properties 91.9% -3.2% -6.2% -3.1% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 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 Number of Properties Sold 18 Prices 2015. 15 18 10 16 6 14 The Median Sales Price in May was $170,000, up 3.0% from 400 Prices $165,000 in May of 2016 and up from $0 last month. The The Median Sales Price in in May May was was $170,000, $170,000, down up 3.0% from from Average Sales Price 18.6% 400 350 $165,000 in in May of 2016 and and up up from $0 last month. The May $208,800 May of 2016 from $0 last month. Average Sales Price in May was level $170,000, down from 2017 ASP was at the lowest compared to 18.6% May of 2016 and 350 300 $208,800 in May of 2016 and up from $0 last month. May 2015. 2017 ASP was at the lowest level compared to May of 2016 and 300 250 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 16 17 M Median A M J J Sales A S O Price N D J and F M Average A M J J Sales A S O Price N D J F M A M J J A S O N D 14 J J A S O N D J F 0 2 2 4 4 6 6 8 8 10 10 12 14 12 14 16 0 3 Mo Avg 16 their lowest level compared to May of 2016 and 2015. May YTD sales of 2 are running 93.1% behind last year's year-to-date sales of 29. 20 May Property sales were 1, down 80.0% from 5 in May of 2016 and higher than the 0 sales last month. May 2017 sales were at Property Sales their lowest level compared to May of 2016 and 2015. May YTD 20 May Property were 93.1% 1, down 80.0% last from 5 in May of 2016 sales sales of 2 are sales running behind year's year-to-date 18 and higher than the 0 sales last month. May 2017 sales were at of 29. 3 Mo Avg 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 250 200 200 150 150 100 5.0 0.0 5.0 10.0 10.0 15.0 15.0 20.0 20.0 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 . 25.0 25.0 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 14 110 | c 30.0 30.0 80 70 60 50 40 30 20 10 0 Total Inventory & Month's Supply of Inventory (MSI) 60 50 40 A comparatively lower MSI is more beneficial for sellers while 30 a A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. May 2017 MSI of 5.0 a 20 higher MSI is better for buyers. May 2017 MSI May of 5.0 months was at its highest level The compared with of 2016 and 10 months 2015. was at its highest level compared with May of 2016 and 0 2015. compared with May of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of May was Total 5, down 16.7% of from 6 last month and 78.3% from 23 The Inventory Properties available for down sale as of May in May of last year. May 2017 Inventory was 78.3% at its lowest was 5, down 16.7% from 6 last month and down from 23 level 80 70 in compared May of last year. May with May of 2017 2016 Inventory and 2015. was at its lowest level 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 17 100 17 Data provided courtesy of Fort 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 d Greater w Fort el l Lauderdale ban k REALTORS, erh o REALTOR m Association e s Association co m of Martin Data is is provided courtesy Lauderdale REALTORS, REALTOR of Martin 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.