FL ARCHIVED December 2017 | Page 100

Market Action Report
December 2017
Miami-Dade
County
Market Action Report
County: Miami-Dade
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
December 2017
County: Miami-Dade Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$465,000
Other
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM LY
2%
9%
$1,054,619 Trending
3% versus*: 6%
Month
LM 1%
L3M 0%
PYM 9%
LY
$295,000
$465,000
2% 13% 8%
9% 31%
$493,265
$1,054,619
3% -4%
6% -4%
19,773
$295,000 1,845
1% 11%
0% 9% -12%
11%
$493,265 13%
8%
31%
18%
95 0% 0% 9%
19,773 $367
-4% 3% 5%
-4% 8%
1,845 11%
-12%
$253 11% 5% 15%
95 0% 0% 9% 13%
10.7 -14% -7% 10%
$367 3% 5% 8% 13%
93.0% -.2% .1% -1.5%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December
Sales
Price
December Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
$253 11% 5% 15%
10.7 -14% -7% 10%
93.0% -.2% .1% -1.5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
December 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
3,000
December Property sales were 1,845, down 12.3% from 2,103 in
December of 2016 and 10.9% higher than the 1,664 sales last
2,500
Property
Sales 2017 sales were at their lowest level
month. December
3,000
December
sales were
1,845,
down
12.3%
from 2,103
compared Property
to December
of 2016
and
2015.
December
YTD in sales
2,000
December
2016
and 10.9%
1,664
sales last sales
of 24,109 of are
running
6.6% higher
behind than
last the
year's
year-to-date
2,500
month.
December
2017
sales
were
at
their
lowest
level
of 25,825.
1,500
compared to December of 2016 and 2015. December YTD sales
Trending versus*:
Prior YTD 9%
Prior Year 9%
11% YTD
$290,000
18%
$447,218
7%
7%
$290,000 24,109
9%
$447,218
7%
13%
91
-7% 9%
10% 7%
2%
4%
8%
10%
2%
-1%
13%
$333
24,109
-7%
11%
$236
91
10%
10%
10.8
$333
2%
-1.1%
93.2%
8%
2%
4%
10%
-1%
11%
$236
4%
4%
10%
10.8
10%
10%
Number of 93.2%
Properties
-1.1%
-1% Sold -1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2,000
1,000
1,939
1,717
2,190
2,518
0
0
500
1,000 500
1,500
of 24,109 are running 6.6% behind last year's year-to-date sales
of 25,825.
Trending versus*:
Prior YTD Prior Year
YTD
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
15
16
17
J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S O Average
N D J F Sales
M A M Price
J J A S O N D
3 Mo Avg
15
16
17
Prices
The Median Sales Price in December was $295,000, up 9.3%
500
from $270,000 in December of 2016 and up 0.6% from
Prices
The
Median last
Sales
Price in The
December
$295,000,
9.3%
$293,250
month.
Average was
Sales
Price in up
December
was 450
500
from
$270,000
in December
of 2016 and
0.6% from
$493,265,
up 30.9%
from $376,844
in up
December
of 2016 and
$293,250
month.
The Average
Sales December
Price in December
was
up 13.3% last
from
$435,315
last month.
2017 ASP
was 450
at 400
$493,265,
up level
30.9%
from $376,844
in December
of 2016
and
the highest
compared
to December
of 2016
and 2015.
up 13.3% from $435,315 last month. December 2017 ASP was at 400 350
the highest level compared to December of 2016 and 2015.
Median Sales Price and Average Sales Price
3 Mo Avg
350 300
300 250
250 200
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
15
16
17
200
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
15
16
17
20,000
2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
19,000
19,000
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
22,000
December
was 19,773,
down 4.3%
from 20,665
The
Total Inventory
of Properties
available
for sale last
as of month and
22,000
down 3.9%
20,571
in 4.3%
December
of last last
year.
December
December
was from
19,773,
down
from 20,665
month
and
21,000
2017 3.9%
Inventory
was at in
a mid
level compared
December of 21,000
down
from 20,571
December
of last year. with
December
20,000
2017
was at a mid level compared with December of
2016 Inventory
and 2015.
A comparatively lower MSI is more beneficial for sellers while a 18,000
18,000
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 10.7
MSI is better
December
2017 while
MSI of
17,000
higher
MSI
is
better
for
buyers.
The
December
2017
MSI
of
10.7
months was at its highest level compared with December of 17,000
months
was
at
its
highest
level
compared
with
December
of
16,000
2016 and 2015.
16,000
2016 and 2015.
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 M J J A S O N D
15
16
17
15
16
17
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data
provide