FL ARCHIVED April 2017 | Page 134

Market Action Report
City: Wellington
Wellington
Agent Name
Title
Phone
Agent
Name
Website
Title Other
April 2017
Community Information | School District
180
April Property sales were 95, equal to 95 in April of 2016 and
15.9% lower than the 113 sales last month. April 2017 sales were 160
Property
Sales
at their lowest
level compared to April of 2016 and 2015. April 180 140
April
sales are
were
95, equal
to 95
in April
of 2016
YTD Property
sales of 374
running
3.3%
ahead
of last
year's and
year-to-
15.9%
lower of
than
the 113 sales last month. April 2017 sales were 160 120
date sales
362.
at their lowest level compared to April of 2016 and 2015. April
140 100
3 Mo Avg
Prices
14
The Median Sales Price in April was $375,000, up 0.8% from
1,000
Prices
$372,000 in April of 2016 and up 1.4% from $370,000 last
The
Median
Sales
Price Sales
in April
was in
$375,000,
0.8% from down
month.
The
Average
Price
April was up $609,235,
1,000 900
$372,000
in April
of 2016 in and
up of 1.4%
from
last from
33.0% from
$908,710
April
2016
and $370,000
down 4.9%
month.
The last
Average
Sales
Price
in April
down
$640,755
month.
April
2017
ASP was
was $609,235,
at the lowest
level 900 800
33.0%
from to
$908,710
April and
of 2016
compared
April of in 2016
2015. and down 4.9% from
800 700
15
16
112
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
$640,755 last month. April 2017 ASP was at the lowest level
compared to April of 2016 and 2015.
0
20
20
40
40
60
60
80 80
100 120
3 Mo Avg
Number of Properties Sold
YTD sales of 374 are running 3.3% ahead of last year's year-to-
date sales of 362.
-2%
21%
3%
9%
-1%
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
3% 0%
1% -3%
26%
7%
-2%
-13%
21%
-1%
April Month's Supply of Inventory
0%
-3%
$228 17% 8% -5% 12%
$210
7%
3%
7.5 18% 2% -13% 3%
7.9 -13%
9%
Number of 92.9%
Properties
92.4% -1.0% -.6% -1.8% -1.2%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
-8%
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
4%
374
-8%
95
-8%
$297
374
3%
12%
$210
95
1%
3%
7.9
$297
26%
-1.2%
92.9%
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$366,000
$575,246
14%
April Average Sales Price
April
Sales
Price
April Median
Number
of Properties
Sold
$575,246
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
YTD
Prior YTD 4%
Prior Year
$366,000
2%
3%
158
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
$549,350
0%
11%
Other
$1,644,334 Trending
-1% versus*:
19%
Month
LM 1%
L3M 2%
PYM 1%
LY
$375,000
$549,350
0% -5% 6%
11% -33%
$609,235
$1,644,334 716
-1% -1% 19% -13%
$375,000 1%
2% 1% 0%
2%
95 -16%
$609,235 111
-5% 16%
6% 17%
-33% 10%
3%
716 -1%
-13%
$225 -38% -24% 22%
95 -16%
0%
$228 17% 8% -5%
111 16% 17% 10% 14%
7.5 18% 2% -13%
$225 -38% -24% 22% -8%
92.4% -1.0% -.6% -1.8%
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
L3M PYM
LY
LM
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Price Range: All | Properties: SFH - Con
Market Action Report
City: Wellington
April 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
700 600
600 500
500 400
400 300
Inventory & MSI
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
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
800
level compared with April of 2016 and 2015.
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The April 2017 MSI of 7.5
200
higher
MSI
is better
for level
buyers.
The April
2017
MSI of of 2016
7.5 and
200
months
was
at a mid
compared
with
April
months
was
at
a
mid
level
compared
with
April
of
2016
and
0
2015.
0
2015.
12.0
12.0 10.0
10.0
8.0
6.0
4.0
2.0
0.0
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
.
14.0
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
134 | c
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,000
was Total
716, Inventory
down 1.0%
723 last
month for
and
down
The
of from
Properties
available
sale
as of 12.7%
April from
820 716,
in April
last from
year. 723
April
Inventory
at its
lowest 1,000
was
down of
1.0%
last 2017
month
and down was
12.7%
from
800
820
in compared
April of last with
year.
April
level
April
of 2017
2016 Inventory
and 2015. was at its lowest
300
17
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.