FL ARCHIVED November 2017 | Page 92

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 350,000
0 %
10 %
Average List Price of all Current Listings
$ 606,257
2 %
10 %
November Median Sales Price
$ 239,000
-7%
-3%
9 %
6 %
$ 247,000
11 %
10 %
November Average Sales Price
$ 286,068
5 %
-4%
11 %
5 %
$ 305,668
13 %
12 %
Total Properties Currently for Sale ( Inventory )
1,252
-4%
-4%
November Number of Properties Sold
96 -19%
-49%
1,777
-18%
November Average Days on Market ( Solds )
77
12 %
1 %
-15%
-9%
78
-8%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 237
-13%
-6%
-6%
5 %
$ 245
8 %
8 %
November Sold Price per Square Foot
$ 173
-5%
-7%
-3%
-1%
$ 198
13 %
13 %
November Month ' s Supply of Inventory
13.0
19 %
11 %
89 %
78 %
8.8
20 %
21 %
November Sale Price vs List Price Ratio
95.0 %
1.4 %
. 9 %
. 7 %
. 6 %
94.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
November Property sales were 96 , down 49.5 % from 190 in
November of 2016 and 19.3 % lower than the 119 sales last
Property month . November Sales 2017 sales were at their lowest level
300
250
November compared Property to November sales were of 2016 96 , down and 2015 49.5 .% November from 190 in YTD sales
November of 1,777 are of 2016 running and 18.0 19.3 % behind lower than last the year 119 ' s sales year-to-date last sales
250 month of 2,167 . November . 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales
200 of 1,777 are running 18.0 % behind last year ' s year-to-date sales
200
150
of 2,167 .
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
Prices The Median Sales Price in November was $ 239,000 , up 8.6 %
Prices from $ 220,000 in November of 2016 and down 6.6 % from The $ 256,000 Median last Sales month Price . in The November Average was Sales $ 239,000 Price in , up November 8.6 % was
450 from $ 286,068 $ 220,000 , up in 11.4 November % from $ of 256,764 2016 and in November down 6.6 % of from 2016 and up $ 4.7 256,000 % from last $ 273,333 month . The last Average month . Sales November Price in 2017 November ASP was was at a 400 $ mid 286,068 range , up compared 11.4 % from to $ November 256,764 in of November 2016 and of 2015 2016 . and up 4.7 % from $ 273,333 last month . November 2017 ASP was at a 350 mid range compared to November of 2016 and 2015 . 300
100
50
0
50
0
198 139
350 300 250
198 139 187 218 243 207 235 223 217 213 204 191 200 165 160 203 215 235 219 216 222 199 143 190 198 127 153 187 194 214 217 175 181 114 119 96
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
187 218 243 207 235 223 217 213 204 191 200 165 160 203 215 235 219 216
D
J
F M A M J
14
15
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
A S O N
3 Mo Avg
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
222 199 143 190 198 127 153 187 194 214 217 175 181 114 119 96
250 200
200
150
150
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 1,252 of Properties , down 4.1 % available from 1,305 for sale last as month of and
1,800
November down 4.4 % was from 1,252 1,309 , down in 4.1 November % from 1,305 of last last year month . November and
1,8001,600 down 20174.4 Inventory % from 1,309 was at in its November lowest level of last compared year . November with November
1,6001,400
2017 of 2016 Inventory and 2015 was . at its lowest level compared with November
1,4001,200 of 2016 and 2015 .
1,2001,000
1,000
800
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
12.0
10.0
8.0
14.0
12.0
10.0
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The November 2017 MSI of higher MSI is better for buyers . The November 2017 MSI of
400
13.0 months was at its highest level compared with November of
13.0 months was at its highest level compared with November of
200
2016 and 2015 .
2016 and 2015 .
0
600
6.0
400
4.0
200
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
4.0
2.0
0.0
1,451 1,482 1,443 1,459 1,371 1,289 1,284 1,301 1,261 1,243 1,254 1,287
1,451 1,482 1,443 1,459 1,371 1,289 1,284 1,301 1,261 1,243 1,254 1,287 1,291 1,419 1,493 1,508 1,526 1,527 1,453 1,426 1,391 1,338 1,299 1,309 1,300 1,387
1,291 1,419 1,493 1,508 1,526 1,527 1,453 1,426 1,391 1,338 1,299 1,309 1,300 1,387 1,432 1,405 1,385 1,358 1,342 1,307
1,432 1,405 1,385 1,358 1,342 1,307 1,273 1,271 1,305
1,252 1,273
1,271 1,305 1,252
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
92 | c o l d w e l l b a n k e r h o m e s . c o m 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 .