Market Action Report
Miami
City: Miami
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
November 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$430,000
Other
LM
Trending versus*:
L3M PYM
LY
1%
13%
$659,994 Trending
2% versus*:
14%
Month
LM -1%
L3M -2%
PYM 4%
LY
$295,000
$430,000
1% -5% -1%
13% 4%
$350,095
$659,994 7,915
2% -3% 14% -7%
$295,000 675
-1% -19%
-2% 4% -25%
10%
$350,095 -5%
-1%
4%
9%
87 0% 4% 13%
7,915 $289
-3% 4% 4%
-7% 11%
675 -19%
-25%
$200 -3% -3% 5%
87 0% 4% 13% 12%
11.7 19% 3% 24%
$289 4% 4% 11% 11%
93.8% .1% -.1% -.2%
November Month's Supply of Inventory
November 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
1,400
November Property sales were 675, down 24.7% from 897 in
November of 2016 and 18.8% lower than the 831 sales last
1,200
Property
Sales 2017 sales were at their lowest level
month. November
1,400
November
sales were
675, and
down
24.7%
from 897 YTD
in sales 1,000
compared Property
to November
of 2016
2015.
November
November
2016
and 18.8%
than
831 sales
last
1,200
of 10,076 of
are
running
9.9% lower
behind
last the
year's
year-to-date
sales
800
month.
November 2017 sales were at their lowest level
of 11,182.
down 4.8% from $367,841 last month. November 2017 ASP was
at the highest level compared to November of 2016 and 2015.
340
320
300
280
260
240
220
200
1,089
823
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
14 15
16
17
D J F M A M J J A Median
S O N D Sales
J F M Price
A M J and
J A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
Prices
The Median Sales Price in November was $295,000, up 3.5%
from $285,000 in November of 2016 and down 0.8% from
Prices
The
Median last
Sales
Price in The
November
$295,000,
3.5%
$297,500
month.
Average was
Sales
Price in up
November
was
400
from
$285,000
in November
of 2016 in
and
down 0.8%
$350,095,
up 3.7%
from $337,627
November
of from
2016 and
380
$297,500
last from
month.
The Average
Sales Price
in November
was was
down 4.8%
$367,841
last month.
November
2017 ASP
$350,095,
up 3.7%
from
$337,627
November of of 2016
2016 and
and 2015. 360
at the highest
level
compared
to in
November
0
0
200
200
400
400
600
3 Mo Avg
600
800
1,000
3 Mo Avg
Number of Properties Sold
compared to November of 2016 and 2015. November YTD sales
of 10,076 are running 9.9% behind last year's year-to-date sales
of 11,182.
5%
5%
6%
11%
-1%
$200 -3% -3% 5% 5%
$203
6%
6%
11.7 19% 3% 24% 40%
9.3
11%
11%
of 94.0%
Properties
93.8% .1% -.1% -.2% Number
-.9%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Number of Properties Sold
11%
5%
40%
-.9%
Asking Price per Square Foot (based on New Listings)
-10% 10%
6% 8%
$273
6%
10,076 -10%
$203
6%
82
6%
5%
9.3
11%
$273
6%
5%
94.0%
-1%
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$295,000 10,076
11%
$348,592
9%
12%
82
November Average Sales Price
November
Sales
Price
November Median
Number
of Properties
Sold
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD 11%
Prior Year 10%
10% YTD
$295,000
9%
$348,592
9%
8%
Market
Profi