Market Action Report May 2017
Community Information | School District
Market Action Report May 2017
City : Hollywood
Price Range : All | Properties : SFH - Con
Trending versus *: |
Trending versus *: |
Market Profile & Trends Overview |
Month |
LM |
L3M |
PYM |
LY |
YTD |
Prior YTD |
Prior Year |
Median List Price of all Current Listings |
$ 349,000 |
4 % |
|
22 % |
|
|
|
|
Average List Price of all Current Listings |
$ 600,683 |
4 % |
|
23 % |
|
|
|
|
May Median Sales Price |
$ 249,500 |
13 % |
2 % |
6 % |
10 % |
$ 247,000 |
14 % |
9 % |
May Average Sales Price |
$ 294,322 |
15 % |
0 % |
2 % |
7 % |
$ 294,650 |
7 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
1,275 |
-5% |
|
-14% |
|
|
|
|
May Number of Properties Sold |
198 |
9 % |
|
-16% |
|
833 |
-14% |
|
May Average Days on Market ( Solds ) |
71 |
-5% |
-5% |
-8% |
-16% |
77 |
-6% |
-9% |
Asking Price per Square Foot ( based on New Listings ) |
$ 262 |
-3% |
3 % |
13 % |
10 % |
$ 251 |
8 % |
5 % |
May Sold Price per Square Foot |
$ 208 |
4 % |
3 % |
14 % |
13 % |
$ 202 |
11 % |
10 % |
May Month ' s Supply of Inventory |
6.4 -12% -10% |
2 % |
-11% |
8.3 |
9 % |
15 % |
May Sale Price vs List Price Ratio |
94.7 % |
. 6 % |
. 5 % |
. 2 % |
. 2 % |
94.3 % |
-0% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
May Property sales were 198 , down 15.7 % from 235 in May of |
2016 and 8.8 % higher than the 182 sales last month . May 2017 |
|
Property sales were Sales at their lowest level compared to May of 2016 and
250
|
200 |
|
May
2015 Property . May YTD sales sales were of 198 833 , down are running 15.7 % from 14.5 235 % behind May of last
|
|
|
2016 year and ' s year-to-date 8.8 % higher sales than of the 974 182 . sales last month . May 2017 sales were at their lowest level compared to May of 2016 and |
200 |
150 |
2015 . May YTD sales of 833 are running 14.5 % behind last |
|
|
year ' s year-to-date sales of 974 . |
150 |
100 |
Agent Name
Hollywood Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
217 209 196 171 199 174
50 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
0 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 249,500 , up 6.2 % from
350
Prices $ 235,000 in May of 2016 and up 13.4 % from $ 220,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 249,500 May was , up $ 294,322 6.2 % from , up 1.7 %
330
350 $ from 235,000 $ 289,399 in May in of 2016 May of and 2016 up 13.4 and % up from 14.5 $ % 220,000 from $ 257,009 last last 310
. The Average Sales Price in May was $ 294,322 , up 1.7 %
330
month . May 2017 ASP was at the highest level compared to May 290 from $ 289,399 in May of 2016 and up 14.5 % from $ 257,009 last 310 of 2016 and 2015 .
270 month . May 2017 ASP was at the highest level compared to May 290 250 of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
14 A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F M A
17 M
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,275 Inventory , down 4.8 of % Properties from 1,339 available last month for sale and as down of May 14.3 % 1,600
12.0 was from 1,275 1,487 , down in May 4.8 % of from last 1,339 year . last May month 2017 and Inventory down 14.3 was % at a mid 1,6001,400 12.0
10.0 from level 1,487 compared in May with of last May year of . 2016 May 2017 and 2015 Inventory . was at a mid 1,4001,200
10.0 level compared with May of 2016 and 2015 .
1,2001,000 8.0
1,000 8.0
800 6.0
800 600
6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The May 2017 MSI of 6.4 400 higher MSI is better for buyers . The May 2017 MSI of 6.4
400 months was at its highest level compared with May of 2016 and 200
2.0
2.0 months was at its highest level compared with May of 2016 and 200 2015 .
0 0.0
2015 . 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
196 138 186 216 235
217 209 196 171 199 174 196 138 186 216 235 208 233 222 214 212 204 191 197 165 159 200 215 235 216 214 221 197 139 186 194 126 149 178 182 198
1,460 1,451 1,415 1,434 1,498 1,494 1,429 1,459 1,421 1,437 1,353
1,460 1,451 1,415 1,434 1,498 1,494 1,429 1,459 1,421 1,437 1,353 1,272 1,268 1,287 208 233 222 214 212 204
1,244 1,231 1,258 1,256 1,266
1,392
191
1,272 1,268 1,287 1,244 1,231 1,258 1,256 1,266 197 165 159 200
1,461 1,469 1,487 1,487 1,413 1,388 215 235 216 214 221
1,392 1,461 1,469 1,487 1,487 1,413 1,388 1,357 1,305
197 139 186 194
1,357 1,305 1,268 1,280 1,273 1,355 1,394 1,362 1,339 1,275
126 149 178
1,268 1,280 1,273 1,355 1,394 1,362 1,339 1,275 182 198
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
94 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .