FL ARCHIVED November 2017 | Page 86

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

County : Broward

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
$ 329,000
1 %
18 %
Average List Price of all Current Listings
$ 606,912
3 %
13 %
November Median Sales Price
$ 241,000
2 %
-4%
9 %
10 %
$ 240,000
9 %
9 %
November Average Sales Price
$ 301,659
11 %
-3%
0 %
4 %
$ 309,601
7 %
7 %
Total Properties Currently for Sale ( Inventory )
11,285
-4%
-14%
November Number of Properties Sold
883 -15%
-61%
22,839
-20%
November Average Days on Market ( Solds )
82
9 %
12 %
5 %
-4%
73
-16%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 199
4 %
2 %
3 %
6 %
$ 198
6 %
5 %
November Sold Price per Square Foot
$ 157
3 %
-3%
-2%
0 %
$ 168
7 %
7 %
November Month ' s Supply of Inventory
12.8
13 %
5 %
119 % 118 %
7.2
21 %
22 %
November Sale Price vs List Price Ratio
93.8 %
-. 6 %
-. 7 % -1.3% -1.3%
94.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,500 November Property sales were 883 , down 60.9 % from 2,256 in
November of 2016 and 14.7 % lower than the 1,035 sales last 3,000 Property month . November Sales 2017 sales were at their lowest level 3,500
November compared Property to November sales were of 2016 883 and , down 2015 60.9 . November % from 2,256 YTD in sales 2,500 November of 22,839 of are 2016 running and 14.7 20.2 % lower % behind than last the year 1,035 ' s sales year-to-date last 3,000 month . November 2017 sales were at their lowest level
2,000 sales of 28,627 . compared to November of 2016 and 2015 . November YTD sales 2,500
of 22,839 are running 20.2 % behind last year ' s year-to-date
1,500 2,000 sales of 28,627 .
1,000 1,500
500 1,000
Agent Name

Broward County Title

Phone Website Other

Community Information | School District

2,631 1,948 2,048 2,699 2,881
Number of Properties Sold
0
500 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 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in November was $ 241,000 , up 8.6 % 350
Prices from $ 222,000 in November of 2016 and up 2.3 % from Median Sales Price and Average Sales Price
330
3 Mo Avg
The $ 235,525 Median last Sales month Price . in The November Average was Sales $ 241,000 Price in , up November 8.6 % was 350 from $ 301,659 $ 222,000 , up 0.4 in November % from $ 300,558 of 2016 and in November up 2.3 % from of 2016 and up 310
330 $ 11.4 235,525 % from last $ month 270,750 . The last Average month Sales . November Price in 2017 November ASP was at 290 $ 301,659 , up 0.4 % from $ 300,558 in November of 2016 and up
310
the highest level compared to November of 2016 and 2015 . 270 11.4 % from $ 270,750 last month . November 2017 ASP was at 290
250 the highest level compared to November of 2016 and 2015 . 270 230
250 210
230 190
210 170
190
150 170 150
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The November Total Inventory was 11,285 of Properties , down 3.7 available % from 11,722 for sale last of month and
18,000 14.0
November down 14.3 was % from 11,285 13,168 , down in 3.7 November % from 11,722 of last last year month . November and
18,000 16,000
14.0 12.0 down 201714.3 Inventory % from was 13,168 at its in November lowest level of compared last year . November with November 16,000 14,000
12.0 10.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
14,000 12,000 10.0 of 2016 and 2015 .
12,000 10,000 8.0
10,0008,000 8.0
6.0
A comparatively lower MSI is more beneficial for sellers while a 8,0006,000
6.0
A comparatively lower MSI is more beneficial for sellers while a 6,000
4.0 higher MSI is better for buyers . The November 2017 MSI of 4,000
4.0 higher MSI is better for buyers . The November 2017 MSI of 4,000 12.8 months was at its highest level compared with November of 2,000
2.0
2.0 12.8 months was at its highest level compared with November of 2,000 2016 and 2015 .
0 0.0
2016 and 2015 . 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
2,717 3,035 2,978 2,716 2,648 2,619
2,631 1,948 2,048 2,699 2,881 2,717 3,035 2,978 2,716 2,648 2,619 2,172 2,766 1,951 2,187 2,835 2,821 2,919 3,148 2,681 2,915 2,629 2,285 2,256 2,510 1,875 1,997 2,880 2,583 2,867 2,955 2,502 2,336 926 1,035 883
15,536 16,077 16,187 15,859 15,414 14,940 14,710 14,564 14,285 14,055 14,174 14,315 14,076
15,156 16,362
Number of Properties Sold
2,172
15,536 16,077 16,187 15,859 15,414 14,940 14,710 14,564 14,285 14,055 14,174 14,315 14,076 2,766 1,951 2,187 2,835 2,821 2,919 3,148 2,681
15,156 16,362 16,806 16,842 16,440 15,813 15,335 14,665
16,806 16,842 16,440 15,813 15,335 14,665 13,753 13,043 13,168 2,915 2,629 2,285 2,256 2,510 1,875 1,997 2,880 2,583
12,871 13,558 13,610 13,403 13,032 12,798 12,523 12,223 11,849 11,608 11,722 11,285
3 Mo Avg
2,867 2,955 2,502
13,753 13,043 13,168 12,871 13,558 13,610 13,403 13,032 12,798 12,523 12,223 11,849 11,608
2,336
3 Mo Avg
926
11,722
11,285 1,035 883
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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