Market Action Report January 2018
Community Information | School District
Market Action Report January 2018
City : Coral Springs
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 |
$ 385,000 |
-1% |
|
13 % |
|
|
|
|
Average List Price of all Current Listings |
$ 383,302 |
-0% |
|
14 % |
|
|
|
|
January Median Sales Price |
$ 318,250 |
-1% |
6 % |
5 % |
-8% |
$ 318,250 |
5 % |
-8% |
January Average Sales Price |
$ 284,656 |
-4% |
3 % |
1 % |
-10% |
$ 284,656 |
1 % |
-10% |
Total Properties Currently for Sale ( Inventory ) |
409 |
1 % |
|
-13% |
|
|
|
|
January Number of Properties Sold |
36 -36% |
-63% |
36 |
-63% |
January Average Days on Market ( Solds ) |
72 |
64 % |
20 % |
13 % |
36 % |
72 |
13 % |
36 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 151 |
9 % |
4 % |
0 % |
-3% |
$ 151 |
0 % |
-3% |
January Sold Price per Square Foot |
$ 130 |
-4% |
-3% |
-6% |
-12% |
$ 130 |
-6% |
-12% |
January Month ' s Supply of Inventory |
11.4 |
57 % |
29 % 134 % 134 % |
11.4 |
134 % |
134 % |
January Sale Price vs List Price Ratio |
93.3 % -1.7% -2.1% -3.8% -3.3% |
93.3 % |
-4% |
-3% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales |
250 |
January Property sales were 36 , down 62.9 % from 97 in January |
of 2017 and 35.7 % lower than the 56 sales last month . January |
|
Property
2018 sales Sales were at their lowest level compared to January of
|
250 |
200 |
|
January
2017 and Property 2016 . sales January were YTD 36 , down sales 62.9 of 36 % are from running 97 January 62.9 %
|
|
|
|
of behind 2017 and last 35.7 year %' s lower year-to-date than the 56 sales sales of 97 last . month . January
2018 sales were at their lowest level compared to January of
|
200 |
150 |
2017 and 2016 . January YTD sales of 36 are running 62.9 % |
|
|
behind last year ' s year-to-date sales of 97 . |
150 |
100 |
Agent Name
Coral Springs Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 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
0 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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in January was $ 318,250 , up 4.7 % from
400
Prices $ 303,975 in January of 2017 and down 0.6 % from $ 320,150 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 318,250 January , up was 4.7 % $ 284,656 from ,
380
400 $ up 303,975 0.6 % in from January $ 283,024 of 2017 in and January down of 0.6 2017 % from and $ down 320,150 4.5 % from 360 last month . The Average Sales Price in January was $ 284,656 ,
380
$ 298,061 last month . January 2018 ASP was at the highest 340 up 0.6 % from $ 283,024 in January of 2017 and down 4.5 % from 360 level compared to January of 2017 and 2016 .
320
$ 298,061 last month . January 2018 ASP was at the highest 340 300 level compared to January of 2017 and 2016 . 320
280 300
260 280
240 260
220
240 220
200
200 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
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
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 409 , up of Properties 1.2 % from available 404 last for month sale as and of down 13.2 % 1,000
12.0
January from 471 was in 409 January , up 1.2 of % last from year 404 . January last month 2018 and Inventory down 13.2 was % 1,000 at 12.0
800 10.0 from its lowest 471 in level January compared of last year with . January 2018 of 2017 Inventory and 2016 was . at 800
10.0 its lowest level compared with January of 2017 and 2016 .
8.0 600
8.0 600
6.0
400 6.0
A comparatively lower MSI is more beneficial for sellers while a 400 4.0
A comparatively lower MSI is more beneficial for sellers while a
4.0 higher MSI is better for buyers . The January 2018 MSI of 11.4 200 higher months MSI was is better at its highest for buyers level . The compared January with 2018 January MSI of 11.4 of 2017 200
2.0
2.0 months and 2016 was . at its highest level compared with January of 2017
0 0.0 and 2016 . 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
M A J F M A M J
F M A M J 15
16 17
18
131 164 183 165 197 192 192 172 166 134 202 131 145 170 195 216 230 202 220 216 170 150 157 97 134 159 150 189 201 154 169 45 53 55 56 36
859 852 816 808 834 818 772 745 754
701
F
15
131 164 183 165 197 192 192 172 166
859 852 816 808 834 818 772 745 754
660 706
134 701
J A S O N D J
16
202 131 145 170 195
782 811 828 790 783 789
660 706
216 684
230
782 811 828 790 783 789
554 202
684 220 554
216
450 454 440 471 462 471 481 490 495 470 439 433 450 427 404 409
J A S O N D J
17
170 150 157 97 134 159 150 189 201 154 169
J A S O N D J
18
45 53 55
450 454 440 471 462 471 481 490 495 470 439 433 450 427 404 409 56 36
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
88 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .