FL ARCHIVED January 2018 | Page 98

Market Action Report
Weston
City: Weston
Agent Name
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$596,500
2%
13%
Other
$790,198 Trending
-0% versus*: 3%
Month
LM 0%
L3M 7%
PYM 11%
LY
$515,000
$596,500
2% -7% 7%
13% -4%
$566,908
$790,198 380
-0% -2%
3% -14%
$515,000 0%
7%
11%
12%
51 6%
0%
$566,908 122
-7% 36%
7% 31%
-4% 40%
11%
380 -2%
-14%
$191 2% 1% -3%
51 6%
0%
$170 -3% -3% -10%
122 36% 31% 40% 69%
7.5 -8% -2% -14%
$191 2% 1% -3% -3%
91.8% .1% -.7% -3.1%
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
160
January Property sales were 51, equal to 51 in January of 2017
140
and 6.3% higher than the 48 sales last month. January 2018
Property
sales were Sales
at their lowest level compared to January of 2017 and
160 120
January
Property YTD
sales sales
were of
51, 51
equal
to 51 in January
of last
2017
2016. January
are running
equal to
year's
140
and
6.3% higher
than of the
year-to-date
sales
51. 48 sales last month. January 2018
100
Prices
The Median Sales Price in January was $515,000, up 10.8%
Prices
from $465,000 in January of 2017 and equal to $515,000 last
The
Median
Sales
Price Sales
in January
$515,000,
up $566,908,
10.8%
month.
The
Average
Price was
in January
was
700
from
$465,000
in January
of in
2017
and equal
to $515,000
last
down
3.7% from
$588,657
January
of 2017
and down
6.8%
month.
The Average
Price
in January
was
$566,908,
from $608,277
last Sales
month.
January
2018
ASP
was at a mid 650
down
3.7%
from $588,657
in January
2017
and down 6.8%
range
compared
to January
of 2017 of and
2016.
600
from $608,277 last month. January 2018 ASP was at a mid
range compared to January of 2017 and 2016.
15
700
650
16
17
Median Sales Price and Average Sales Price
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
Median Sales Price and Average Sales Price
3 Mo Avg
0
0
20
20
40
40
60
3 Mo Avg
60
80
3 Mo Avg
80
100
69%
-3%
-6%
15%
-3%
Number of Properties Sold
120
sales were at their lowest level compared to January of 2017 and
2016. January YTD sales of 51 are running equal to last year's
year-to-date sales of 51.
0% 12%
40% 11%
-3%
-10%
69%
-14%
-3%
-3%
$170 -3% -3% -10% -6%
$170
-10%
-6%
7.5 -8% -2% -14% 15%
7.5 -14%
15%
Number of 91.8%
Properties
91.8% .1% -.7% -3.1% -2.7%
-3% Sold -3%
* 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
January Sold Price per Square Foot
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Number of Properties Sold
11%
51
-4%
122
-3%
$191
51
0%
-6%
$170
122
40%
15%
7.5
$191
-3%
-2.7%
91.8%
Asking Price per Square Foot (based on New Listings)
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$515,000
$566,908
69%
January Average Sales Price
94
January
Sales
Price
January Median
Number
of Properties
Sold
Trending versus*:
Prior YTD 11%
Prior Year 12%
12% YTD
$515,000
11%
$566,908
-4%
11%
98
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
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
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Action Report
City: Weston
January 2018
18
3 Mo Avg
600
550
550 500
500 450
450 400
400 350
350 300
Inventory & MSI
300
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
600
January
was 380, down
1.8% from
387 last
month
and down
The
Total Inventory
of Properties
available
for sale
as of
600
13.8% from
441 down
in January
of last
year.
2018
Inventory
January
was 380,
1.8% from
387
last January
month and
down
500
13.8%
from
441 in January
of last year.
Inventory
was at
its lowest
level compared
with January
January 2018
of 2017
and 2016.
500
400
was at its lowest level compared with January of 2017 and 2016.
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
300
A comparatively lower MSI is more beneficial for sellers while a 200
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 7.5 200
100
higher
MSI
is better
for level
buyers.
The January
2018 MSI of of 2017
7.5 and
months
was
at a mid
compared
with January
100
months
was
at
a
mid
level
compared
with
January
of
2017
and
0
2016.
0
2016.
6.0
4.0
2. 0
0.0
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
.
8.0
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
15
98 | c
10.0
300
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 Lauderdale
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
Data
is is
provided
courtesy
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.