Market Action Report October 2017
Community Information | School District
Market Action Report October 2017
City : Coral Springs
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 |
$ 389,000 |
-0% |
|
15 % |
|
|
|
|
Average List Price of all Current Listings |
$ 392,670 |
-1% |
|
13 % |
|
|
|
|
October Median Sales Price |
$ 215,000 |
-36% -40% -34% -34% |
$ 346,500 |
7 % |
7 % |
October Average Sales Price |
$ 255,720 |
-13% -24% -19% -15% |
$ 318,826 |
6 % |
6 % |
Total Properties Currently for Sale ( Inventory ) |
435 |
3 % |
-5% |
|
|
October Number of Properties Sold |
45 |
5 % |
-74% |
1,336 |
-29% |
October Average Days on Market ( Solds ) |
60 -38% 15 % -13% -22% |
53 |
-34% |
-31% |
Asking Price per Square Foot ( based on New Listings ) |
$ 164 |
2 % |
-2% |
4 % |
8 % |
$ 164 |
9 % |
8 % |
October Sold Price per Square Foot |
$ 146 |
-1% |
-8% |
2 % |
2 % |
$ 156 |
10 % |
9 % |
October Month ' s Supply of Inventory |
9.7 |
-1% |
32 % 259 % 155 % |
4.5 |
13 % |
18 % |
October Sale Price vs List Price Ratio |
98.9 %
3.9 % 2.1 % 2.7 % 2.5 %
|
96.7 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
October Property sales were 45 , down 73.5 % from 170 in |
October of 2016 and 4.7 % higher than the 43 sales last month . |
|
Property
October 2017 Sales sales were at their lowest level compared to
|
250 |
200 |
October Property of 2016 sales and 2015 were . 45 October , down 73.5 YTD % sales from of 1701,336 in are |
|
|
|
October running of 29.5 2016 % and behind 4.7 % last higher year than ' s year-to-date the 43 sales sales last month of 1,895 . .
October 2017 sales were at their lowest level compared to
|
200 |
150 |
October of 2016 and 2015 . October YTD sales of 1,336 are |
|
|
running 29.5 % behind last year ' s year-to-date sales of 1,895 . |
150 |
100 |
Agent Name
Coral Springs Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
133 171 121 131 163 183
50 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
0 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in October was $ 215,000 , down 34.3 % 400
Prices from $ 327,000 in October of 2016 and down 36.4 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 338,000 Median last Sales month Price . in The October Average was Sales $ 215,000 Price , down in October 34.3 % was
380
400 from $ 255,720 $ 327,000 , down in October 18.9 % from of 2016 $ 315,464 and down in October 36.4 % from of 2016 and 360 $ 338,000 last month . The Average Sales Price in October was
380
down 13.5 % from $ 295,476 last month . October 2017 ASP was 340 $ 255,720 , down 18.9 % from $ 315,464 in October of 2016 and 360 at the lowest level compared to October of 2016 and 2015 . 320 down 13.5 % from $ 295,476 last month . October 2017 ASP was 340
300 at the lowest level compared to October of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
200
200 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
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
17 M J J A S O
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 October Total Inventory was 435 , up of Properties 3.3 % from available 421 last for month sale and as of down 5.0 % 1,000
12.0
October from 458 was in 435 October , up 3.3 of % last from year 421 . last October month 2017 and Inventory down 5.0 % was 1,000 at 12.0
800 10.0 from its lowest 458 in level October compared of last year with . October 2017 of 2016 Inventory and 2015 was . at 800
10.0 its lowest level compared with October of 2016 and 2015 .
8.0 600
8.0 600
6.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The October 2017 MSI of 9.7 200 higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 9.7 of 2016 200
2.0
2.0 months and 2015 was . at its highest level compared with October of 2016
0 0.0 and 2015 . 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 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
17
133 171 121 131 163 183 165 197 192 192 172 166 134 202 131 145 170 195 216 230 202 220 216 170 150 157 96 134 159 150 188 201 152 168 43 45
937 907 934 864 857 823 816 844 165 197 192
937 907 934 864 857 823 816 844 834 192 172 166
834 781 757 773 705 665
720 134
781 757 773
705
202 131 145 170
795 826 843 797 792 794
665 720
195 695
216 562
230
795 826 843 797 792 794
202 695
220
562 216 170 150 157 96 134 159 150 188
458 455 444 474 464 474 483 489 492 462 433 421 435
201 152 168
458 455 444 474 464 474 483 489 492 462 433 421 435 43 45
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
88 | c o l d w e l l b a n k e r h o m e s . c o m
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 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 .