FL ARCHIVED May 2017 | Page 122

Market Action Report
City: Boca Raton
Boca Raton
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
Trending versus*:
Prior YTD Prior Year
YTD
$459,000
2%
15%
Other
$962,646 Trending
2% versus*:
17%
Trending versus*:
Month
LM 2%
L3M 2%
PYM 7%
LY
Prior YTD 5%
Prior Year
$316,000
4% YTD
$310,000
$459,000
2% -3% -5%
15% -1% 0%
$458,706
$477,818
0%
$962,646 2,507
2% -5% 17% -20%
$316,000 473
2% 15%
2% 7% -6%
4%
$310,000 2,066
5%
-0% 2%
$458,706 -3%
-5%
-1%
0%
$477,818
0%
95 6% 1% -5% 0%
95
-1% 5%
2,507 -5%
-20%
$239 2% 2% 5% 6%
$235
5%
473 15%
-6%
2,066
-0%
$197 0% -1% 3% 2%
$198
3%
95 6% 1% -5% 0%
95
-1%
0%
5.3 -17% -9% -15% -28%
6.8 -15%
$239 2% 2% 5% 6%
$235
5%
4%
91.4% -.1% .0% -.5% -.7%
91.5%
-1%
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
2%
5%
0%
4%
3%
-8%
-1%
$197 0% -1% 3% 2%
$198
3%
3%
5.3 -17% -9% -15% -28%
6.8 -15%
-8%
of 91.5%
Properties
91.4% -.1% .0% -.5% Number
-.7%
-1% Sold -1%
* 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
700
May Property sales were 473, down 6.0% from 503 in May of
2016 and 14.8% higher than the 412 sales last month. May 2017 600
Property
sales were Sales
at their lowest level compared to May of 2016 and 700
May
Property
sales sales
were of
473,
down
6.0%
from 0.4%
503 in behind
May of last
500
2015.
May YTD
2,066
are
running
2016
and
14.8% higher
than of the
412 sales last month. May 2017 600
year's
year-to-date
sales
2,075.
400
sales were at their lowest level compared to May of 2016 and
Prices
14
The Median Sales Price in May was $316,000, up 7.1% from
600
Prices
$295,100 in May of 2016 and up 1.9% from $310,000 last
The
Median
Sales
Price Sales
in May Price
was $316,000,
7.1% from down
month.
The
Average
in May was up $458,706,
600 550
$295,100
in $465,281
May of 2016
and up
$310,000
1.4% from
in May
of 1.9%
2016 from
and down
3.2% last
from
month.
The last
Average
Sales
Price
in May
down
$474,027
month.
May
2017
ASP was
was $458,706,
at the lowest
level 550 500
1.4%
from $465,281
in 2016
May of
2016
and down 3.2% from
compared
to May of
and
2015.
500 450
420
15
16
Median Sales Price and Average Sales Price
312
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
0
$474,027 last month. May 2017 ASP was at the lowest level
compared to May of 2016 and 2015.
0
100
100
200
200
300
3 Mo Avg
300
400
500
Number of Properties Sold
2015. May YTD sales of 2,066 are running 0.4% behind last
year's year-to-date sales of 2,075.
3 Mo Avg
Market Action Report
City: Boca Raton
May 2017
17
3 Mo Avg
450 400
400 350
350 300
300 250
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
250
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
2,500
2,000
2,000
12.0
lowest level compared with May of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
A comparatively lower MSI is more beneficial for sellers while 1,500
a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
5.3 a 1,000
higher
MSI
is better
for buyers.
May 2017
MSI
of 5.3
months
was
at its lowest
level The
compared
with
May
of 2016 and 500 500
months
0
2015. was at its lowest level compared with May of 2016 and
0
2015.
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
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
122 | c
.
12.0
10.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
3,500
was Total
2,507,
down 5.1%
from 2,642
last month
and
19.9%
The
Inventory
of Properties
available
for sale
as down
of May
from
3,129
in May
last 2,642
year. last
May month
2017 Inventory
was at its 3,500 3,000
was
2,507,
down
5.1% of from
and down 19.9%
from
3,129
in May
of last with
year. May
May of
2017
Inventory
was at its
lowest
level
compared
2016
and 2015.
3,000 2,500
8.0
6.0
4.0
2.0
0.0
10.0
8.0
6.0
4.0
2.0
0.0
M A M
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.