FL ARCHIVED November 2017 | Page 114

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

City : Pinecrest

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
$ 1,749,000
10 %
6 %
Average List Price of all Current Listings
$ 2,238,399
7 %
5 %
November Median Sales Price
$ 1,110,000
-3%
-5%
3 %
12 %
$ 1,050,000
5 %
6 %
November Average Sales Price
$ 1,844,722
4 %
17 %
63 %
50 %
$ 1,324,481
5 %
8 %
Total Properties Currently for Sale ( Inventory )
191 -12%
0 %
November Number of Properties Sold
9 -40%
-44%
179
-14%
November Average Days on Market ( Solds )
75 -45% -37% -41% -27%
123
23 %
19 %
Asking Price per Square Foot ( based on New Listings )
$ 353
20 %
7 %
5 %
9 %
$ 327
0 %
1 %
November Sold Price per Square Foot
$ 318
11 %
9 %
15 %
11 %
$ 280
-3%
-2%
November Month ' s Supply of Inventory
21.2
46 %
17 %
78 %
83 %
13.9
21 %
20 %
November Sale Price vs List Price Ratio
90.3 %
5.0 % 1.6 % 1.2 %
-. 6 %
89.5 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales November Property sales were 9 , down 43.8 % from 16 in
November of 2016 and 40.0 % lower than the 15 sales last Property month . November Sales 2017 sales were at their lowest level 35
November compared Property to November sales were of 2016 9 , down and 43.8 2015 %. from November 16 in YTD sales November of 179 are of running 2016 and 13.9 40.0 % behind % lower last than year the ' s 15 year-to-date sales last sales of 30 month 208 . . November 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales 25 of 179 are running 13.9 % behind last year ' s year-to-date sales of
20 208 .
Agent Name

Pinecrest Title

Phone Website Other

Community Information | School District

15 10
Number of Properties Sold
5
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 1,110,000 , up 2.7 %
D
J
F M A M J
14
15
J
A
SMedian O N D
J Sales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A
S O N
3 Mo Avg
Prices from $ 1,080,625 in November of 2016 and down 3.5 % from
The
$ 1,150,000 Median Sales last month Price in . November The Average was Sales $ 1,110,000 Price in , up November 2.7 %
1,900
Median Sales Price and Average Sales Price
3 Mo Avg
from was $ 1,080,625 1,844,722 in , up November 62.5 % from of 2016 $ 1,135,003 and down in 3.5 November % from of 2016
1,9001,700
$ and 1,150,000 up 4.3 last % from month $ 1,769,209 . The Average last Sales month Price . November in November 2017 ASP was was $ 1,844,722 at the highest , up 62.5 level % compared from $ 1,135,003 to November in November of 2016 of 2016 and
1,7001,500
and
2015 up . 4.3 % from $ 1,769,209 last month . November 2017 ASP was at the highest level compared to November of 2016 and
1,5001,300
2015 .
1,3001,100
1,100
35 30 25 20 15 10 5
900
900
700
700
D
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
November Total Inventory was 191 of , down Properties 12.4 % available from 218 for last sale month as of and equal
November to 191 in November was 191 , down of last 12.4 year % from . November 218 last month 2017 Inventory and equal was
250 to at 191 its in highest November level of compared last year . with November November 2017 of Inventory 2016 and was 2015 .
200 at its highest level compared with November of 2016 and 2015 .
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
15.0
25.0
20.0
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 21.2
50
5.0
higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 21.2 of months
2016 and was 2015 at its . highest level compared with November of
2016 and 2015 .
50
0
5.0
0
0.0
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 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
14
15
16
17
0.0
179 170
24 179
13 170
177 175
17 165
20
177 175
20 165
175 176
24 175
27 176
161 164
33 161
163 163
21 164
160 18
155 15
163 163
15
180 160
Number of Properties Sold
15
200 205
155 14
180 211
12
200 205
15
222
222 211
24 222
209 200
20 222
204 28 24
209 200
200 191
23 204
17 200
175 183
15 191
194 16 13
213 234
175 183
16
229 228
194 13 213
16
234
237 219
23
229 17
228
206 218
191
3 Mo Avg
20
237 219
21 206
18
24 13 17 20 20 24 27 33 21 18 15 15 15 14 12 15 24 20 28 24 23 17 15 16 13 16 13 16 23 17 20 21 18 11 15 9
218
3 Mo Avg
11
191 15 9
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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
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