FL ARCHIVED January 2018 | Page 104

Market Action Report
January 2018
Coconut
Grove
Market Action Report
City: Coconut Grove
Agent Name
Title
Phone
Agent
Name
Website
Title Other
January 2018
City: Coconut Grove Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$1,497,000
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: All List
| Properties:
SFH of
- Con
LM
Trending versus*:
L3M PYM
LY
-3%
-16%
$2,121,624 Trending
-2% versus*:
-13%
Month
LM -47%
L3M -26%
PYM 2%
LY
$845,000
$1,497,000
-3% -53% -31%
-16% 3%
$1,044,183
$2,121,624 130
-2% 2% -13% -13%
$845,000 -47% -26% 2% -29%
6 -40%
0%
$1,044,183 -53% -31% 3% -37%
119 -17% -13% -44%
130 2%
-13%
$616 23% 3% 4%
6 -40%
0%
$401 -28% -22% 7%
119 -17% -13% -44% -16%
$616 21.7
23% 69%
3% 8%
4% -13%
9%
88.7%
2.7%
.8%
$401 -28% -22% 7% -1.8%
-16%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
January Median Sales Price
January Number of Properties Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sold
Sale Price
Price
vs Square
List Price
January
per
Foot Ratio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
30
January Property sales were 6, equal to 6 in January of 2017 and
40.0% lower than the 10 sales last month. January 2018 sales
25
Property
Sales
were at their
lowest level compared to January of 2017 and 30
January
Property YTD
sales sales
were of
6, 6
equal
to 6 in January
and
2016. January
are running
equal of
to 2017
last year's
20
40.0%
lower than
the of 10
25
year-to-date
sales
6. sales last month. January 2018 sales
3 Mo Avg
12
12
11
Median Sales Price and Average Sales Price
18 3 Mo Avg
3 Mo Avg
1,400
400
900
400
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
18
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 17
A M J J A S O N D J
15
16
17
18
Inventory & MSI
150
100
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 21.7 50
higher MSI is better for buyers. The January 2018 MSI of 21.7
months was at its lowest level compared with January of 2017
months was at its lowest level compared with January of 2017
and 2016.
0
and 2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of
The
Total Inventory
of Properties
for sale and
as of down 12.8% 200
January
was 130, up
1.6% from available
128 last month
January
was
up 1.6%
from year.
128 last
month 2018
and down
12.8% was 200
from 149
in 130,
January
of last
January
Inventory
at
from
149 in level
January
of last year.
Inventory
was at
its lowest
compared
with January
January 2018
of 2017
and 2016.
150
30.0
25.0
20.0
900
100
15.0
10.0
50
5.0
0
0.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
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
18
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
16
17
15 15
16
17
18
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
.
3 Mo Avg
1,900
1,400
104 | c
-16%
9%
-16%
24%
0%
Median
Sales Price and Average
Sales Price
16
17
15
its lowest level compared with January of 2017 and 2016.
-29%
0%
-37%
-16%
119 -44%
9%
$616
4%
6
0%
-16%
$401
7%
119 -44%
-16%
24% $616 21.7
-13%
4%
9%
.1% $401 88.7%
-2% -16%
7%
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
15
16
17
18
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
The Median Sales Price in January was $845,000, up 1.7% from
Prices
$831,065 in January of 2017 and down 46.8% from $1,587,500
The
in January
was $845,000,
1.7%
from
2,400
last Median
month. Sales
The Price
Average
Sales Price
in January up
was
$1,044,183,
$831,065
January
of 2017 in and
down 46.8%
up 3.0% in
from
$1,013,355
January
of 2017 from
and $1,587,500
down 53.2%
last
month.
The Average
Sales Price
in January
from
$2,229,000
last month.
January
2018 was
ASP $1,044,183,
was at the 2,400 1,900
up
3.0% from
53.2%
highest
level $1,013,355
compared in
to January
January of of 2017
2017 and
and down
2016.
from $2,229,000 l