FL ARCHIVED December 2017 | Page 114

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

City : Pinecrest

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
$ 1,800,000
11 %
6 %
Average List Price of all Current Listings
$ 2,293,056
4 %
7 %
December Median Sales Price
$ 850,000
-23% -23% -12% -14%
$ 1,015,000
2 %
3 %
December Average Sales Price
$ 1,082,185
-45% -26%
2 %
-12%
$ 1,309,977
5 %
6 %
Total Properties Currently for Sale ( Inventory )
190
-2%
9 %
December Number of Properties Sold
22
100 %
69 %
203
-8%
December Average Days on Market ( Solds )
136
64 %
2 %
24 %
32 %
124
23 %
20 %
Asking Price per Square Foot ( based on New Listings )
$ 332
-3%
4 %
10 %
2 %
$ 326
0 %
0 %
December Sold Price per Square Foot
$ 258
-22% -10%
-2%
-10%
$ 279
-3%
-3%
December Month ' s Supply of Inventory
8.6 -51% -36% -36% -26%
13.1
13 %
13 %
December Sale Price vs List Price Ratio
87.6 % -2.7% -. 4 % -2.9% -3.6%
89.2 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 22 , up 69.2 % from 13 in
December of 2016 and 100.0 % higher than the 11 sales last Property month . December Sales 2017 sales were at their highest level 35
December compared Property to December sales were of 2016 22 , up and 69.2 2015 % from . December 13 in YTD sales December of 203 are of running 2016 and 8.1 100.0 % behind % higher last than year the ' s year-to-date 11 sales last sales of 30 month 221 . . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales 25 of 203 are running 8.1 % behind last year ' s year-to-date sales of 221 .
20
Agent Name

Pinecrest Title

Phone Website Other

Community Information | School District

15 10
Number of Properties Sold
5
0
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
0
15
16
17
Prices
The Median Sales Price in December was $ 850,000 , down 11.9 %
J
F M A M J
15
J
A
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
S O N D
3 Mo Avg
Prices from $ 965,000 in December of 2016 and down 23.4 % from
The
$ 1,110,000 Median Sales last month Price in . December The Average was Sales $ 850,000 Price , in down December 11.9 %
1,900
Median Sales Price and Average Sales Price
3 Mo Avg
from was $ 965,000 1,082,185 in , December up 2.1 % from of 2016 $ 1,059,669 and down in 23.4 December % from of
20161,9001,700
$ and 1,110,000 down last 45.0 month % from . The $ 1,967,045 Average Sales last month Price in . December 2017 was
ASP $ 1,082,185 was at a mid , up 2.1 range % from compared $ 1,059,669 to December in December of 2016 of 2016 and
1,7001,500
and
2015 down . 45.0 % from $ 1,967,045 last month . December 2017
ASP was at a mid range compared to December of 2016 and
1,5001,300
2015 .
1,3001,100
1,100
35 30 25 20 15 10 5
13 17 20 20 24 27 33 21 18 15 15 15 14 12 15 24 20 28 24 23 17 15 16 13 16 13 16 23 17 20 21 18 11 15 11 22
900
900
700
700
J
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 190 of , down Properties 2.1 % available from 194 for last sale month as of and up
December
8.6 % from was 175 190 in , December down 2.1 % of from last 194 year last . December month and 2017 up
250
8.6
Inventory % from 175 was in at December its highest of last level year compared . December with 2017 December of
200
Inventory
2016 and was 2015 at . its highest level compared with December of
2016 and 2015 .
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
15.0
20.0
15.0
10.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 8.6 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 8.6 of
201650 months and 2015 was . at its lowest level compared with December of 2016 and 2015 .
0
50
5.0
0
0.0
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 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
5.0
0.0
170 177
13 170
17 177
20 175
175 165 175
20 165
24 175
176 161
27 176
33 161
164 163
21 164
163 160
18
163 163 180 160
200 155
155
15 15 15
Number of Properties Sold
14
205 180 211
12
200 205
15
222
222 211
24 222
20
209 200
222 28 209
24 200
204 200 191
23 204
17 200
175 183
15 191
16
194
175 213 13 16
234 229
183 194
13 213
16 234
228 237
219 23 229
17
228
205 217
20
237
3 Mo Avg
219 21
194 190
205 18
217 11
194
3 Mo Avg
15
190 11 22
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
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 Assoc
114 | c o l d w e l l b a n k e r h o m e s . c o m 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 .