FL ARCHIVED October 2017 | Page 90

Market Action Report October 2017 City: Fort Lauderdale/Fort Lauderdale Fort Lauderdale Beach October 2017 Market Action Report Agent Name Title Phone Agent Name Website Title Other City: Fort Lauderdale 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 $500,000 0% 11% Other $1,168,945 Trending 0% versus*: 12% Trending versus*: Month LM 10% L3M -11% PYM -10% LY -7% YTD Prior YTD 4% Prior Year 4% $260,000 $290,000 $500,000 0% -3% -28% 11% -15% -20% $370,380 $480,647 7% 4% $1,168,945 2,061 0% 1% 12% -13% $260,000 10% -11% -10% -78% -7% $290,000 2,568 4% -18% 4% 58 14% $370,380 -3% -28% -15% -20% $480,647 7% -15% 4% 78 -33% -11% -28% -27% 94 -12% 2,061 1% -13% $335 11% 1% 3% 8% $334 8% 7% 58 14% -78% 2,568 -18% $242 3% -12% 3% -2% $262 8% 6% 78 -33% -11% -28% -27% 94 -15% -12% 35.5 -11% 26% 304% 330% 13.7 66% 66% $335 11% 1% 3% 8% $334 8% 7% 94.9% 3.3% .8% 1.7% .9% 94.1% 0% 0% 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 $242 3% -12% 3% -2% $262 8% 6% 35.5 -11% 26% 304% 330% 13.7 66% 66% of 94.1% Properties 94.9% 3.3% .8% 1.7% Number .9% 0% Sold 0% * 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 450 October Property sales were 58, down 78.4% from 268 in 400 October of 2016 and 13.7% higher than the 51 sales last month. Property Sales October 2017 sales were at their lowest level compared to 450 350 October were 58, down 78.4% from of 268 in are October Property of 2016 sales and 2015. October YTD sales 2,568 400 300 October 2016 and 13.7% higher than the 51 sales sales last month. running of 18.0% behind last year's year-to-date of 3,131. October 2017 sales were at their lowest level compared to 350 250 3 Mo Avg 300 200 239 0 50 Prices 14 15 600 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 550 360 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 The Median Sales Price in October was $260,000, down 10.0% Prices from $289,000 in October of 2016 and up 9.7% from $237,000 The in October was $260,000, 10.0% last Median month. Sales The Price Average Sales Price in October down was $370,380, 600 from $289,000 in October of 2016 and up of 9.7% from down 15.2% from $436,577 in October 2016 and $237,000 down 2.5% 550 last month. The Average Sales October Price in October was was $370,380, from $380,057 last month. 2017 ASP at the lowest down from to $436,577 October of 2016 and down