FL ARCHIVED December 2017 | Page 122

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

City : Delray Beach

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
$ 269,000
-4%
9 %
Average List Price of all Current Listings
$ 571,190
-2%
11 %
December Median Sales Price
$ 182,500
16 %
11 %
12 %
12 %
$ 173,000
7 %
6 %
December Average Sales Price
$ 290,692
-16% -10%
-3%
-13%
$ 323,593
-3%
-3%
Total Properties Currently for Sale ( Inventory )
1,684
4 %
-4%
December Number of Properties Sold
238
-3%
-13%
3,408
-0%
December Average Days on Market ( Solds )
67 -14% -11% -11% -11%
77
3 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 202
-4%
0 %
8 %
10 %
$ 194
6 %
5 %
December Sold Price per Square Foot
$ 158
-3%
-3%
5 %
0 %
$ 165
4 %
4 %
December Month ' s Supply of Inventory
7.1
7 %
3 %
9 %
16 %
6.1
-1%
-1%
December Sale Price vs List Price Ratio
92.2 %
1.0 % 1.0 %
. 4 %
. 9 %
91.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
450
December Property sales were 238 , down 12.5 % from 272 in
December of 2016 and 2.9 % lower than the 245 sales last
400
Property month . December Sales 2017 sales were at their lowest level
450
350
December compared Property to December sales were of 2016 238 , and down 2015 12.5 . % December from 272 YTD in sales
December of 2016 and 2.9 lower than the 245 sales last
400 of 3,408 are running 0.1 % behind last year ' s year-to-date sales
300
month of 3,411 . December . 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 3,408 are running 0.1 % behind last year ' s year-to-date sales
350
300
250
200
of 3,411 .
250
150
Agent Name

Delray Beach Title

Phone Website Other

Community Information | School District

Number of Properties Sold
200
100
150
50
100
0
50
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 $ 182,500 , up 11.6 %
Prices from $ 163,500 in December of 2016 and up 15.5 % from
The
$ 158,000 Median last Sales month Price . in The December Average was Sales $ 182,500 Price in , up December 11.6 % was
450 from
$ 290,692 $ 163,500 , down in December 3.4 % from of $ 2016 300,829 and up in December 15.5 % from of 2016 and
$ down 158,000 16.3 last % month from $ . 347,223 The Average last month Sales Price . December in December 2017 was ASP
400
J
F M A M J
15
450
400
350
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ was 290,692 at the , down lowest 3.4 level % from compared $ 300,829 to in December of of 2016 and 2015
350
. down 16.3 % from $ 347,223 last month . December 2017 ASP
300
was at the lowest level compared to December of 2016 and 2015 .
300
250
250 200
200 150
208 284 364 385 338 363
208 284 364 385 338 363 332 279 294 286 217 289 212 247 327 345 298 355 297 289 275 258 236 272 212 261 376 363 344 335 309 285 214 226 245 238
150
100
100
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 1,684 of , Properties up 3.5 % from available 1,627 for last sale month as of and down
2,000
December
4.4 % from was 1,761 1,684 in , December up 3.5 % from of last 1,627 year last . month December and 2017 down
2,000
4.4
Inventory % from 1,761 was in at December a mid level of compared last year . December with December 2017 of 2016
1,500
Inventory and 2015 was . at a mid level compared with December of 2016
1,500 and 2015 .
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
6.0
10.0
8.0
6.0
1,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 7.1
500 higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 7.1 of months
2016 and was 2015 at its . highest level compared with December of
2016 and 2015 .
0
4.0
500
2.0
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 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
2.0
0.0
1,474 1,471 1,412 1,380 1,307 1,257 1,278 1,252 332 279
1,474 1,471 1,412 1,380 1,307 1,257 1,278 1,252
294 1,296
1,296 1,441 1,511
286
1,541 1,704
217
1,441 1,511
Number of Properties Sold
289 212 247
1,779 1,541 1,778 1,797 1,723 327 345 298 355 297 289
1,704 1,779 1,778 1,797 1,723 1,658 1,588 1,594 1,594
1,658 1,588 1,594 1,594 1,652 1,754 1,761 275 258 236 272 212 261 376 363
1,881 1,822 1,768 1,771 1,706 1,633 1,583 1,473 1,435 344 335
1,652 1,754 1,761 1,881 1,822 1,768 1,771 1,706 1,633 1,583
1,552 1,627 1,684
3 Mo Avg
1,473 309 285 214
1,435 1,552 1,627
3 Mo Avg
226
1,684 245 238
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
122 | 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 .