FL ARCHIVED January 2018 | Page 86

Market Action Report
January 2018
Broward
County
Market Action Report
County: Broward
County: Broward
Agent Name
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$322,934
1%
13%
Other
$597,997 Trending
-0% versus*:
11%
Month
LM 0%
L3M 2%
PYM 17%
LY
$245,000
$322,934
1% 0% 6%
13% 12%
$316,912
$597,997
-0% 2% 11% -15%
11,510
$245,000 879
0% -23%
2% 17% -53%
2%
$316,912 0%
6%
12%
2%
81 7% 5% 8%
11,510 2%
-15%
$192 -2% -1% -1%
879 -23%
-53%
$164 0% 3% 3%
81 7% 5% 8% 13%
13.1 32% 13% 81%
$192 -2% -1% -1% -3%
93.6% .0% -.3% -1.1%
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
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
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 Sale Price vs List Price Ratio
January Sold Price per Square Foot
$164 0% 3% 3%
13.1 32% 13% 81%
93.6% .0% -.3% -1.1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
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
3,500
January Property sales were 879, down 53.1% from 1,875 in
January of 2017 and 22.8% lower than the 1,138 sales last
3,000
Property
Sales 2018 sales were at their lowest level compared
month. January
3,500
January
Property
sales
were
879, January
down 53.1%
in are
2,500
to January
of 2017
and
2016.
YTD from
sales 1,875
of 879
January
2017 and
22.8%
than
the 1,138 sales
running of 53.1%
behind
last lower
year's
year-to-date
sales last
of 1,875. 3,000
2,000
month. January 2018 sales were at their lowest level compared
to January of 2017 and 2016. January YTD sales of 879 are
running 53.1% behind last year's year-to-date sales of 1,875.
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
YTD
Prior YTD 17%
Prior Year
$245,000
2%
2%
$316,912
2%
2%
12%
$245,000
$316,912
13%
17% -53% 2%
879
12%
81
8% 2%
-3%
$192
-1%
879 -53%
-2%
$164
3%
81
8%
13%
80%
13.1
81%
$192
-1%
-3%
-1.2%
93.6%
-1%
13%
-3%
-2%
80%
-1%
-2%
$164
3%
-2%
80%
13.1
81%
80%
Number of 93.6%
Properties
-1.2%
-1% Sold -1%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2,500
1,500
2,000
1,000
Prices
$316,335 last month. January 2018 ASP was at the highest level
compared to January of 2017 and 2016.
Inventory & MSI
290
270
250
230
210
190
170
150
15
350
330
310
290
270
250
230
210
190
170
150
16
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
14.0
14.0 12.0
12.0 10.0
10.0
0
8.0
6.0
4.0
2.0
0.0
8.0
6.0
4.0
2.0
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
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
16
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
.
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
15
86 | c
17
Median Sales Price and Average Sales Price
The Total Inventory
Inventory
& MSI of Properties available for sale as of
18,000
January
was 11,510,
1.8% from
11,306 for
last
month
The
Total Inventory
of up
Properties
available
sale
as of and down
16,000
18,000
14.9% from
13,529 up
in 1.8%
January
last year.
January
January
was 11,510,
from of 11,306
last month
and 2018
down
16,000
14,000
14.9%
from 13,529
of last
year. January
2018
Inventory
was at in
its January
lowest level
compared
with January
of 2017
12,000
Inventory
was at its lowest level compared with January of 2017 14,000
and 2016.
12,000
10,000
and 2016.
10,000 8,000
A comparatively lower MSI is more beneficial for sellers while a 8,000 6,000
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 13.1 6,000 4,000
4,000 2,000
higher
MSI
is better
for buyers.
January with
2018 January
MSI of 13.1
months
was
at its highest
level The
compared
of 2017
2,000
months
was at its highest level compared with January of 2017
0
and 2016.
and 2016.
2,822
2,836
2,630
2,915
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 Median
N D J F Sales
M A M Price
J J A and
S O N
D
J
F
M
A
M
J
J
A
S
O
N
D
J
Average Sales Price
3 Mo Avg
0
The Median Sales Price in January was $245,000, up 16.7%
Prices
from $210,000 in January of 2017 and equal to $245,000 last
The
Median
Sales
Price Sales
in January
$245,000,
16.7% up
month.
The
Average
Price was
in January
was up $316,912,
350
from
$210,000
in January
of 2017 and
equal
to $245,000
last
12.5%
from $281,811
in January
of 2017
and
up 0.2% from
330
month.
The last
Average
Sales
Price in 2018
January
up level
$316,335
month.
January
ASP was
was $316,912,
at the highest
310
12.5%
from
$281,811
in
January
of
2017
and
up
0.2%
from
compared to January of 2017 and 2016.
0
500
500
1,000
1,500
17
18
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o l of d Greater
e Fort
l Fort
l
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
Data
is is
provided
courtesy
Lauderdale
Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.