FL ARCHIVED April 2017 | Page 108

Market Action Report
City: Coral Gables
April 2017
Coral Gables
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 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
$999,000
5%
2%
Other
$1,951,756 Trending
3% versus*: 1%
Month
LM 11%
L3M 3%
PYM 26%
LY
$705,750
$999,000
5% -24% -9%
2% -15%
$1,012,603
$1,951,756 593
3% -4%
1% -4%
$705,750 11%
3%
26%
6%
64 -11%
2%
$1,012,603 119
-24% 72%
-9% 18%
-15% 42%
-7%
593 -4%
-4%
$439 -8% -3% 1%
64 -11%
2%
$382 0% 2% 3%
119 72% 18% 42% 29%
9.3 8% 1% -5%
$439 -8% -3% 1% 1%
90.9% -3.1% -.5% -2.3%
Average List Price of all Current Listings
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
$382 0% 2% 3%
9.3 8% 1% -5%
90.9% -3.1% -.5% -2.3%
April 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
14
79
16
60
15
Median Sales Price and Average Sales Price
17
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
400
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 9.3 a 200
100
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
9.3 and
months
was
at a mid
compared
with
April
100
months
0
2015. was at a mid level compared with April of 2016 and
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
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 D J F M A
14
15
16
17
14
15
16
17
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
108 | c
3 Mo Avg
15 A M J J A S O N D J F M 16
M J 14
J A S O N D J F M
A M J J A S O N D J F M A 17
14
15
16
17
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
700
was Total
593, Inventory
down 4.0%
from 618 last
month
The
of Properties
available
for and
sale down
as of 3.6%
April from
700 600
615 593,
in April
last from
year. 618
April
Inventory
was
at a from
mid level
was
down of 4.0%
last 2017
month
and down
3.6%
615
in April of
last April
year. of April
was at a mid level 600 500
compared
with
2016 2017
and Inventory
2015.
0
3 Mo Avg
500
Prices
The Median Sales Price in April was $705,750, up 26.0% from
1,500
Prices
$560,000 in April of 2016 and up 11.3% from $634,375 last
1,400
The
Median
Sales
Price Sales
in April
was in
$705,750,
up $1,012,603,
26.0% from down
month.
The
Average
Price
April was
1,500 1,300
$560,000
in April
of 2016 in and
up of
11.3%
from
last from
14.6% from
$1,186,178
April
2016
and $634,375
down 23.8%
1,400 1,200
month.
The Average
Sales April
Price 2017
in April
was
$1,012,603,
down
$1,328,573
last month.
ASP
was
at the lowest
level
1,300 1,100
14.6%
from
$1,186,178
in
April
of
2016
and
down
23.8%
from
compared to April of 2016 and 2015.
1,200
$1,328,573 last month. April 2017 ASP was at the lowest level
1,000
1,100
compared to April of 2016 and 2015.
900
1,000
800
900
700
800
600
700
600 500
2015.
10%
4%
-1%
8%
-1%
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
14
15
16
17
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
0
400
0
10
20 20
30 30
40 40
50 50
70 60 60
500
-3% 3%
-3% 2%
2%
0%
10%
7%
4%
-0%
70
10
compared with April of 2016 and 2015.
8%
246
-4%
101
1%
$453
246
-3%
0%
$376
101
-3%
1%
9.9
$453
2%
-1.3%
91.4%
3%
2%
80
80
Inventory & MSI
$685,120
$1,107,144
29%
-4%
Number of Properties Sold
90
were at a mid level compared to April of 2016 and 2015. April
YTD sales of 246 are running 3.1% behind last year's year-to-
date sales of 254.
$1,107,144
100
April Property sales were 64, up 1.6% from 63 in April of 2016
and 11.1% lower than the 72 sales last month. April 2017 sales
Property
Sales
were at a mid
level compared to April of 2016 and 2015. April 100
April
sales are
were
64, up 3.1%
1.6% from
63 last
in April
of year-to-
2016
YTD Property
sales of 246
running
behind
year's
90
and
11.1%
lower
than the 72 sales last month. April 2017 sales
date
sales
of 254.
Trending versus*:
YTD
Prior YTD 8%
Prior Year
$685,120
6%
-7%
0%
$376
0%
-1%
1%
9.9
7%
8%
Number of 91.4%
Properties
-1.3%
-0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
.
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
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.