FL ARCHIVED May 2017 | Page 134

Market Action Report
City: Wellington
Wellington
Agent Name
Title
Phone
Agent
Name
Website
Title Other
May 2017
Community Information | School District
180
May Property sales were 118, down 6.3% from 126 in May of
2016 and 12.4% higher than the 105 sales last month. May 2017 160
Property
sales were Sales
at their lowest level compared to May of 2016 and 180 140
May
Property
sales sales
were of
118,
down
from
126 ahead
in May of
of last
2015.
May YTD
504
are 6.3%
running
3.3%
2016
and
12.4% higher
than of the
105 sales last month. May 2017 160 120
year's
year-to-date
sales
488.
sales were at their lowest level compared to May of 2016 and
140 100
3 Mo Avg
Prices
14
The Median Sales Price in May was $398,500, up 2.8% from
1,000
Prices
$387,500 in May of 2016 and up 9.5% from $364,000 last
The
Median
Sales
Price Sales
in May Price
was $398,500,
2.8% from down
month.
The
Average
in May was up
$595,488,
1,000 900
$387,500
in May
of 2016 in and
up of 9.5%
from
last
37.5% from
$952,466
May
2016
and $364,000
up 1.3% from
month.
The last
Average
Sales
Price
in May
down
900 800
$587,788
month.
May
2017
ASP was
was $595,488,
at a mid range
37.5%
from $952,466
May and
of 2016
and up 1.3% from
compared
to May of in
2016
2015.
800 700
15
16
80
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
$587,788 last month. May 2017 ASP was at a mid range
compared to May of 2016 and 2015.
0
20
20
40
40
60
60
80 80
100 120
Number of Properties Sold
2015. May YTD sales of 504 are running 3.3% ahead of last
year's year-to-date sales of 488.
3 Mo Avg
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
May Month's Supply of Inventory
3%
16%
0%
2%
-1%
$197 -7% 2% -32% -3%
$204
-8%
0%
5.9 -14% -9% -3% -19%
7.5 -12%
2%
Number of 92.8%
Properties
92.0% -.8% -.7% -2.2% -1.7%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
May Sale Price vs List Price Ratio
May Sold Price per Square Foot
May Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
May Sold Price per Square Foot
May Average Days on Market (Solds)
May Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
3%
504
3% 2%
-19%
100
9% -3%
0%
$284
23%
504
3%
-3%
$204
-8%
100
9%
3%
-19%
7.5 -12%
$284
23%
16%
-1.7%
92.8%
-1%
May Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
2%
-3%
-19%
$373,000
$574,965
18%
May Average Sales Price
May
Sales
Price
May Median
Number
of Properties
Sold
$574,965
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$373,000
9%
0%
115
Market
Profile
& Trends
May Median
Sales
Price Overview
Median
List Price
of all
Current Listings
May Average
Sales
Price
$549,900
0%
11%
Other
$1,680,501 Trending
3% versus*:
21%
Month
LM 9%
L3M 6%
PYM 3%
LY
$398,500
$549,900
0% 1% 5%
11% -37%
$595,488
$1,680,501 695
3% -3% 21% -9%
$398,500 118
9% 12%
6% 3% -6%
9%
$595,488 114
1% 1%
5% 12%
-37% 33%
0%
695 -3%
-9%
$244 9% -13% 15%
118 12%
-6%
$197 -7% 2% -32%
114 1% 12% 33% 18%
5.9 -14% -9% -3%
$244 9% -13% 15% 0%
92.0% -.8% -.7% -2.2%
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
L3M PYM
LY
LM
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Price Range: All | Properties: SFH - Con
Market Action Report
City: Wellington
May 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
700 600
600 500
500 400
400 300
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
800
level compared with May of 2016 and 2015.
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The May 2017 MSI of 5.9
200
higher
MSI
is better
for buyers.
May 2017
MSI
of 5.9
months
was
at its lowest
level The
compared
with
May
of 2016 and 200
months
was
at
its
lowest
level
compared
with
May
of
2016
and
0
2015.
0
2015.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
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
.
14.0
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
134 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of May
1,000
was Total
695, Inventory
down 2.8%
from 715 last
month for
and
The
of Properties
available
sale down
as of 9.3%
May from
766 695,
in May
of 2.8%
last year.
May
2017
Inventory
was 9.3%
at its from
lowest 1,000
was
down
from 715
last
month
and down
800
766
in compared
May of last with
year. May
May of 2017
Inventory
was at its lowest
level
2016
and 2015.
300
17
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.