FL ARCHIVED May 2017 | Page 126

Market Action Report
City: Delray Beach
May 2017
Delray Beach
Agent Name
Title
Phone
Agent
Name
Website
Title Other
May 2017
City: Delray Beach 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
$249,900
0%
-6%
Other
$544,431 Trending
1% versus*:
-3%
Month
LM 17%
L3M 18%
PYM 35%
LY
$220,442
$249,900
0% 11% 9%
-6% 18%
$377,088
$544,431 1,664
1% -5% -3% -10%
$220,442 320
17% -10%
18% 35% 7%
35%
$377,088 11%
9%
18%
13%
98 11% 11% 20%
1,664 -5%
-10%
$204 8% 5% 5%
320 -10%
7%
$185 9% 7% 15%
98 11% 11% 20% 13%
5.2 6% 4% -16%
$204 8% 5% 5% 10%
91.2% .4% -.4% -.7%
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
Trending versus*:
Prior YTD 19%
Prior Year 14%
35% YTD
$185,000
13%
$343,346
0%
3%
$185,000 1,515
19%
$343,346
0%
13%
88
10%
$196
1,515
6%
17%
$173
88
11%
-19%
6.3
$196
7%
-.2%
91.5%
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
450
May Property sales were 320, up 7.4% from 298 in May of 2016
400
and 10.4% lower than the 357 sales last month. May 2017 sales
Property
Sales
were at a mid
level compared to May of 2016 and 2015. May 450 350
May
320, up 7.4%
298
May
of 2016
YTD Property
sales of sales
1,515 were
are running
6.0% from
ahead
of in
last
year's
year-to-
400 300
and
10.4%
than the 357 sales last month. May 2017 sales
date
sales lower
of 1,429.
were at a mid level compared to May of 2016 and 2015. May
350 250
1%
6%
9%
-2%
0%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
300 200
279
0
50
Prices
14
450
15
16
Median Sales Price and Average Sales Price
400
212
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
The Median Sales Price in May was $220,442, up 35.2% from
Prices
$163,000 in May of 2016 and up 16.6% from $189,000 last
The
Median
Sales
Price Sales
in May Price
was $220,442,
35.2% from
month.
The
Average
in May was up $377,088,
up 18.2%
450
$163,000
in May in
of May
2016 of and
up and
16.6%
$189,000
last
from $318,957
2016
up from
11.2%
from $339,047
last
month.
Average
Sales was
Price
was $377,088,
up 18.2%
400
month. The
May
2017 ASP
at in
the May
highest
level compared
to May
from
$318,957
in May of 2016 and up 11.2% from $339,047 last
of 2016
and 2015.
50
100
150
250 150
200 100
YTD sales of 1,515 are running 6.0% ahead of last year's year-to-
date sales of 1,429.
6% 14%
11% 3%
7%
7%
1%
-7%
6%
0%
$185 9% 7% 15% 17%
$173
7%
9%
5.2 6% 4% -16% -19%
6.3
-7%
-2%
of 91.5%
Properties
91.2% .4% -.4% -.7% Number
-.2%
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
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
17
3 Mo Avg
350
300
month. May 2017 ASP was at the highest level compared to May 350
of 2016 and 2015.
300 250
250 200
200 150
150 100
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
100
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
1,500
1,500
10.0
10.0
2,000
level compared with May of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,000
A comparatively lower MSI is more beneficial for sellers while 1,000
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while
MSI is better
for buyers.
May 2017
MSI of
5.2 a
500
higher
MSI
is better
for level
buyers.
The May
2017
MSI of of 2016
5.2 and 2015. 500
months
was
at a mid
compared
with
May
months was at a mid level compared with May of 2016 and 2015.
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
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
126 | c
.
8.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
2,500
was Total
1,664,
down 4.9%
from 1,750
last month
and
9.6%
The
Inventory
of Properties
available
for sale
as down
of May
2,500
from
1,841
in May
last year.
May month
2017 Inventory
was at a mid
was
1,664,
down
4.9% of from
1,750 last
and down 9.6%
2,000
from
in May with
of last
year.
May 2017
Inventory was at a mid
level 1,841
compared
May
of 2016
and 2015.
6.0
4.0
2.0
0.0
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.