Market Action Report
City: Coral Gables
October 2017
Coral Gables
Agent Name
Title
Phone
Agent
Name
Website
Title Other
October 2017
City: Coral Gables Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$998,000
-5%
12%
Other
$2,040,642 Trending
-3% versus*:
16%
Trending versus*:
Month
LM 1%
L3M -14%
PYM -7%
LY -16% YTD
Prior YTD 4%
Prior Year
$559,500
$675,000
$998,000
-5% -11% -10%
12% -36% -24% $1,006,452
$826,945
-10%
$2,040,642 585
-3% 3% 16% -4%
$559,500 1%
-14% -7% -4%
-16%
$675,000
4%
44 22%
636
-5% 2%
$826,945 105
-11% 21%
-10% -36%
-24%
$1,006,452
-10%
8% 28% 14%
98
8% -7%
585 3%
-4%
$440 -13% -7% 4% 1%
$457
5%
44 22%
-4%
636
-5%
$389 -0% 3% -5% 2%
$379
-1%
105 21% 8% 28% 14%
98
8%
7%
13.3 -16% 8% 0% 46%
10.1
9%
$440 -13% -7% 4% 1%
$457
5%
5%
90.2% -2.6% -.5% -2.0% -2.1%
91.3%
-1%
Average List Price of all Current Listings
Market
Trends
Overview
October Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
October
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
October Median
Number
of Properties
Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
October Sale Price vs List Price Ratio
October Sold Price per Square Foot
2%
-7%
7%
5%
-1%
10%
-1%
$389 -0% 3% -5% 2%
$379
-1%
-1%
13.3 -16% 8% 0% 46%
10.1
9%
10%
Number of 91.3%
Properties
90.2% -2.6% -.5% -2.0% -2.1%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
October 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
Number of Properties Sold
90
55
0
10
20 20
30 30
40 40
50 50
70 60 60
70
80
10
Prices
14
The Median Sales Price in October was $559,500, down 7.3%
1,400
Prices
from $603,450 in October of 2016 and up 1.3% from $552,500
1,300
The
in October
was $559,500,
last Median
month. Sales
The Price
Average
Sales Price
in October down
was 7.3%
$826,945,
1,400
from
$603,450
in October
of 2016
up 1.3%
from and
$552,500
1,200
down
36.3% from
$1,298,867
in and
October
of 2016
down
last
month.
Average last
Sales
Price in
October 2017
was ASP
$826,945,
11.4%
from The
$932,875
month.
October
was at the 1,300 1,100
1,200
down
36.3%
$1,298,867
in October
of 2016
down
lowest
level from
compared
to October
of 2016
and and
2015.
1,000
1,100
1,000
900
15
16
88
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
14
15
16
17
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
Median Sales Price and Average Sales Price
0
11.4% from $932,875 last month. October 2017 ASP was at the
lowest level compared to October of 2016 and 2015.
3 Mo Avg
80
2017 sales were at their lowest level compared to October of
2016 and 2015. October YTD sales of 636 are running 5.1%
behind last year's year-to-date sales of 670.
100
October Property sales were 44, down 4.3% from 46 in October
of 2016 and 22.2% higher than the 36 sales last month. October
Property
201