FL ARCHIVED May 2017 | Page 118
Market Action Report
City: Pinecrest
Pinecrest
Agent Name
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
$1,799,000
6%
21%
Other
$2,255,043 Trending
4% versus*:
17%
Month
LM 33%
L3M 19%
PYM 6%
LY
$1,237,500
$1,799,000
6% 31% 22%
21% 8%
$1,504,813
$2,255,043 217
4% -5% 17% -2%
$1,237,500 33%
19% 6% -20%
25%
16 -30%
$1,504,813 151
31% 25%
22% 9%
8% 29%
22%
217 -5%
-2%
$382 -1% -1% 7%
16 -30%
-20%
$316 2% 5% -2%
151 25% 9% 29% 47%
13.6 37% 12% 22%
$382 -1% -1% 7% 6%
87.0% -3.8% -2.4% -4.8%
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
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
14
15
18
21
16
Me dian Sales Price and Average Sales Price
12
14
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
5
The Median Sales Price in May was $1,237,500, up 6.5% from
Prices
$1,162,500 in May of 2016 and up 33.1% from $930,000 last
1,900
The
Median
Sales
Price Sales
in May Price
was $1,237,500,
6.5% from up
month.
The
Average
in May was up
$1,504,813,
$1,162,500
May of 2016 in and
$930,000
last
8.4% from in $1,388,030
May up of 33.1%
2016 from
and up
30.9% from
1,900 1,700
month.
The Average
Sales May
Price 2017
in May
$1,504,813,
up level
$1,149,761
last month.
ASP was
was
at the highest
8.4%
from $1,388,030
in May
of 2015.
2016 and up 30.9% from
1,700 1,500
compared
to May of 2016
and
$1,149,761 last month. May 2017 ASP was at the highest level
compared to May of 2016 and 2015.
3 Mo Avg
10
5
Prices
3 Mo Avg
15
10
0
34%
6%
-3%
8%
-2%
20
15
6%
$382
84
-1%
2%
$301
138
27%
17%
12.5
$382
6%
-4.2%
88.9%
-1% -1%
27% -4%
6%
-4%
34%
-1%
6%
-3%
25
20
-2%
84
-6%
138
Number of Properties Sold
30
25
$980,000
$1,184,264
47%
35
sales were at their lowest level compared to May of 2016 and
2015. May YTD sales of 84 are running 1.2% behind last year's
year-to-date sales of 85.
Trending versus*:
Prior YTD -2%
Prior Year -1%
25% YTD
$980,000
22% $1,184,264
-6%
-4%
$316 2% 5% -2% 2%
$301
-4%
-3%
13.6 37% 12% 22% 17%
12.5
-1%
8%
Number of 88.9%
Properties
87.0% -3.8% -2.4% -4.8% -4.2%
-3% Sold -2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Property sales were 16, down 20.0% from 20 in May of
2016 and 30.4% lower than the 23 sales last month. May 2017
Property
sales were Sales
at their lowest level compared to May of 2016 and 35
May
Property
sales sales
were of
16, 84
down
20.0% from
20 behind
in May last
of year's
2015.
May YTD
are running
1.2%
2016
and 30.4%
lower
30
year-to-date
sales
of than
85. the 23 sales last month. May 2017
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Pinecrest
May 2017
3 Mo Avg
17
3 Mo Avg
1,500 1,300
1,300 1,100
1,100 900
900 700
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
200
compared with May of 2016 and 2015.
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
13.6 a
higher
MSI
is better
for buyers.
May 2017
MSI May
of 13.6
months
was
at its highest
level The
compared
with
of 2016 and 50
months
2015. was at its highest level compared with May of 2016 and
0
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
250
was Total
217, Inventory
down 4.8%
228 last
month
The
of from
Properties
available
for and
sale down
as of 2.3%
May from
222 217,
in May
last from
year. 228
May last
2017
Inventory
was 2.3%
at a from
mid level 250
was
down of 4.8%
month
and down
200
222
in May of
last May
year. of May
2017
compared
with
2016
and Inventory
2015. was at a mid level
150
100
50
0
.
18.0
16.0
14.0
12.0
10.0
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
15
16
17
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
118 | c
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
700
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.