FL ARCHIVED October 2017 | Page 174

Market Action Report City: Heathrow Heathrow Agent Name Title Phone Agent Name Website Title Other October 2017 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 $730,000 0% 49% Other $933,211 Trending -9% versus*: 68% Month LM L3M PYM LY $460,000 2% 17% 9% $730,000 0% 49% $460,000 2% 6% 9% $933,211 -9% 9 0% 68% -31% $460,000 2% 17% 9% 0% 15% 2 0% $460,000 2% 6% 9% 7% 17 -77% -67% -77% 9 0% -31% $188 0% -6% 1% 2 0% 0% $192 5% 12% 19% 17 -77% -67% -77% -84% 4.5 0% 9% -31% $188 0% -6% 1% 11% 97.0% .4% 1.1% 5.8% Average List Price of all Current Listings Market Trends Overview October Profile Median & Sales Price Median List Price of all Current October Average Sales 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 Trending versus*: Prior YTD 9% Prior Year 9% 15% YTD $435,000 7% $480,395 14% 11% $435,000 $480,395 -84% -40% 9% -38% 11% 11% $189 13% 26 -40% 19% $173 9% 68 -38% -36% -9% 3.6 -24% $189 13% 11% 5.0% 95.0% 3% 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 6 Prices 14 4 15 16 2 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 Median S O N D Sales J F M Price A M J and J A Average S O N D Sales J F M Price A M J J A S O The Median Sales Price in October was $460,000, up 8.6% from 800 Prices $423,750 in October of 2016 and up 1.7% from $452,500 last The Median Sales Price Sales in October $460,000, 8.6% from up month. The Average Price was in October was up $460,000, 800 700 $423,750 in October of in 2016 and up last 8.6% from $423,750 October of 1.7% 2016 from and $452,500 up 1.7% from month. The last Average Sales Price in 2017 October up $452,500 month. October ASP was was $460,000, at a mid range 700 600 8.6% from $423,750 in October 2016 and up 1.7% from compared to October of 2016 of and 2015. $452,500 last month. October 2017 ASP was at a mid range 600 500 compared to October of 2016 and 2015. 0 2 2 4 4 0 3 Mo Avg 8 6 3 Mo Avg Number of Properties Sold 10 8 -36% 11% 7% -28% 3% 12 their lowest level compared to October of 2016 and 2015. October YTD sales of 26 are running 39.5% behind last year's year-to-date sales of 43. 9% 26 14% 68 $192 5% 12% 19% 19% $173 9% 7% 4.5 0% 9% -31% -9% 3.6 -24% -28% Number of 95.0% Properties 97.0% .4% 1.1% 5.8% 5.0% 3% Sold 3% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date October Property sales were 2, equal to 2 in October of 2016 and the same as the 2 sales last month. October 2017 sales were at Property Sales their lowest level compared to October of 2016 and 2015. 12 October sales 2, equal to 2 39.5% in October of 2016 and October Property YTD sales of were 26 are running behind last year's the same as the sales 2 sales last month. October 2017 sales were at year-to-date of 43. 10 Trending versus*: Prior YTD Prior Year YTD Market Action Report City: Heathrow October 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 500 400 400 300 300 200 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of 30 October was 9, equal to 9 last month and for down The Total Inventory of Properties available sale 30.8% as of from 13 in October was of 9, last year. to October 2017 and Inventory was at its lowest October equal 9 last month down 30.8% from 13 in 30 25 October of last year. October 2017 Inven tory was at its lowest level compared with October of 2016 and 2015. 25 20 level compared with October of 2016 and 2015. and 2015. 0 20.0 10.0 10.0 0 15.0 15.0 20.0 5 25.0 25.0 10 15 15 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively lower MSI is more The beneficial for 2017 sellers MSI while MSI is better for buyers. October of a 4.5 10 higher MSI is better for buyers. October with 2017 October MSI of 4.5 months was at its lowest level The compared of 2016 5 months was at its lowest level compared with October of 2016 and 2015. 20 30.0 30.0 Inventory & MSI 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 17 M J J A S O N D 14 J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 14 15 16 17 200 5.0 0.0 5.0 0.0 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 D J F M A M J J A S O 14 15 16 17 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 174 | c o l d w e l l b a n k e r h o m e s . c o m 17 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.