FL ARCHIVED April 2017 | Page 178

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

City : Heathrow

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
$ 599,000
80 %
58 %
Average List Price of all Current Listings
$ 561,227
30 %
20 %
April Median Sales Price
$ 344,900
-44% -20% -24% -14%
$ 430,444
7 %
8 %
April Average Sales Price
$ 377,300
-40% -26% -19% -13%
$ 506,629
12 %
17 %
Total Properties Currently for Sale ( Inventory )
7 -13%
-59%
April Number of Properties Sold
3 -25%
-70%
10
-58%
April Average Days on Market ( Solds )
42 950 % 163 % -24% -60%
16
-85%
-85%
Asking Price per Square Foot ( based on New Listings )
$ 195
4 %
4 %
12 %
15 %
$ 187
12 %
10 %
April Sold Price per Square Foot
$ 176
-5%
-2%
6 %
9 %
$ 180
12 %
12 %
April Month ' s Supply of Inventory
2.3
17 % -48% 37 %
-53%
4.5
26 %
-10%
April Sale Price vs List Price Ratio
96.3 % -2.1% -1.3% 2.0 % 4.2 %
97.6 %
6 %
6 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 3 , down 70.0 % from 10 in April of
2016 and 25.0 % lower than the 4 sales last month . April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 12
April 2015 Property . April YTD sales sales were of 3 , 10 down are 70.0 running % from 58.3 10 % in behind April of last year ' s 2016 year-to-date and 25.0 % sales lower of than 24 . the 4 sales last month . April 2017
10 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 10 are running 58.3 % behind last year ' s
8 year-to-date sales of 24 .

Heathrow

Agent Name
Title Phone Website Other

Community Information | School District

6
12
10
8
6
4
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
4 2
2
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
0
14
15
16
17
M
J
Prices
14
The Median Sales Price in April was $ 344,900 , down 23.8 %
700
Prices from $ 452,500 in April of 2016 and down 44.4 % from
The
$ 620,444 Median last Sales month Price . in The April Average was $ 344,900 Sales Price , down in 23.8 April % was
650
700 from
$ 377,300 $ 452,500 , down in April 19.1 % of from 2016 $ and 466,378 down in 44.4 April % from of 2016 and down
600 $ 620,444 last month . The Average Sales Price in April
650
40.1 % from $ 629,597 last month . April 2017 ASP was at the
550
$ 377,300 , down 19.1 % from $ 466,378 in April of 2016 and down
600 lowest level compared to April of 2016 and 2015 .
500
40.1 % from $ 629,597 last month . April 2017 ASP was at the
550
450 lowest level compared to April of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
J
A S O N D
J
FMedian M A M J Sales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 7 , down Inventory 12.5 % of from Properties 8 last month available and for down sale as 58.8 of % April from 17 was in April 7 , down of last 12.5 % year from . April 8 last 2017 month Inventory and down was 58.8 at % its from lowest 17 level 30 in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its lowest level 25 compared with April of 2016 and 2015 . 20
15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI is better for buyers . The April 2017 MSI of 2.3 higher months MSI was is better at a mid for level buyers compared . The April with 2017 April MSI of of 2016 2.3 and 5
months 2015 . was at a mid level compared with April of 2016 and
2015 .
0
7 10
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
14
J
A S O N D
J
F M
15 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25
30.0
25.0
20
25.0
20.0
15
20.0
15.0
15.0
10
10.0
10.0
5
5.0
5.0
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
0.0
7 11
7 15
7 10 6 20
18 15
11
6 22 18
4
24 20
4 22 17
20 1
24
16 1
17 22
3
20 24
16 2 26
7 24
4
22 25
25 26
2 26
25 4
25 25
3
24 26 22
8 25
4 24
19 19
4 22 21
8 19
4 19
17 17
5
6 6 4 4 1 1 3 2 7 4 2 4 3 8 4 4 8 4 5 4 5 10 21
4 17
18 18
5 17 16
10 18
11 11
2 18
13 6 16
11 2
11 7
4
11 13
3 11
2 7
1
9 9 8 7
9 6
9 2
2 6 2 4 3 2 1 6 2 1 4 3
8 1
7 4 3
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
178 | 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 .