FL ARCHIVED November 2017 | Page 122

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

City : Delray Beach

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
$ 289,000
3 %
11 %
Average List Price of all Current Listings
$ 582,649
1 %
12 %
November Median Sales Price
$ 159,900
-18%
-6%
2 %
-2%
$ 173,750
8 %
7 %
November Average Sales Price
$ 361,062
7 %
10 %
29 %
8 %
$ 327,320
-3%
-2%
Total Properties Currently for Sale ( Inventory )
1,614
5 %
-11%
November Number of Properties Sold
229
3 %
-3%
3,146
0 %
November Average Days on Market ( Solds )
93
1 %
-2%
7 %
7 %
90
3 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 212
3 %
7 %
13 %
15 %
$ 194
6 %
5 %
November Sold Price per Square Foot
$ 166
1 %
2 %
12 %
5 %
$ 166
4 %
5 %
November Month ' s Supply of Inventory
7.0
2 %
1 %
-8%
9 %
6.3
-2%
-3%
November Sale Price vs List Price Ratio
91.1 %
. 0 %
-. 0 %
-. 8 %
-. 4 %
91.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Delray Beach Title

Phone Website Other

Community Information | School District

Property Sales
450
November Property sales were 229 , down 3.0 % from 236 in
November of 2016 and 2.7 % higher than the 223 sales last
400
Number of Properties Sold
3 Mo Avg
Property month . November Sales 2017 sales were at a mid level compared to
450
350
November Property of 2016 sales and were 2015 . 229 November , down 3.0 YTD % from sales 236 of in 3,146 are
November of 2016 and 2.7 % higher than the 223 sales last
400 running 0.2 % ahead of last year ' s year-to-date sales of 3,139 .
300
month . November 2017 sales were at a mid level compared to
350
250
November of 2016 and 2015 . November YTD sales of 3,146 are running 0.2 % ahead of last year ' s year-to-date sales of 3,139 .
300
200
250
150
200
100
150
50
100
0
50
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 $ 159,900 , up 2.0 %
Prices from $ 156,750 in November of 2016 and down 18.4 % from
The
$ 196,000 Median last Sales month Price . in The November Average was Sales $ 159,900 Price in , up November 2.0 % was
450 from
$ 361,062 $ 156,750 , up in 29.1 November % from $ of 279,618 2016 and in November down 18.4 % of from 2016 and up
$
7.0 196,000 % from last $ 337,381 month . The last Average month . Sales November Price in 2017 November ASP was was at the
400
D
J
F M A M J
14
15
450
400
350
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
$ highest 361,062 , level up 29.1 compared % from $ to 279,618 November in November of 2016 and of 2016 2015 and . up
7.0 % from $ 337,381 last month . November 2017 ASP was at the
350
300
highest level compared to November of 2016 and 2015 .
300
250
250 200
200 150
290 208 284 364 385 338
290 208 284 364 385 338 363 332 279 294 286 217 289 212 247 327 345 298 355 297 289 275 258 236 272 212 261 376 362 344 335 309 284 211 223 229
150
100
100
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 1,614 of , Properties up 5.0 % from available 1,537 for last sale month as of and down
2,500
November
10.7 % from was 1,808 1,614 in , up November 5.0 % from of 1,537 last last year month . November and down 2017
2,500
2,000
10.7
Inventory % from 1,808 was at in a November mid level compared of last year with . November 2017 of 2016
2,000
Inventory and 2015 was . at a mid level compared with November of 2016
1,500 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 7.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 7.0 of
2016500 months and 2015 was . at its lowest level compared with November of 2016 and 2015 .
0
500
2.0
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 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
14
15
16
17
2.0
0.0
363 332
1,496 1,585 1,668 1,565 1,548 1,454 1,394 1,400
279
1,496 1,585 1,668 1,565 1,548 1,454 1,394 1,400 1,333 1,355 1,516 1,333
294
1,571 1,355 1,619
286 1,516 1,773
Number of Properties Sold
217 289 212 247
1,919 1,891 1,960 1,847
1,571 1,619
327 345 298 355 297 289 275 258 236 272 212 261 376 362 344
1,773 1,919 1,891 1,960 1,847 1,765 1,712 1,670 1,705 1,721 1,808 1,837 1,964 1,975 1,891 1,908 1,790 1,725 1,662
1,765 1,712 1,670 1,705 1,721 1,808 1,837 1,964 1,975 1,891 1,908 1,790 1,725 1,662 1,563 1,460 1,537 1,614 335 309 284 211
1,563 1,460 1,537 1,614
3 Mo Avg
223
229
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