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.