FL ARCHIVED June 2017 | Page 112
Market Action Report
Miami
City: Miami
Agent Name
Market Action Report
City: Miami
June 2017
Title
Phone
Agent
Name
Website
Title Other
June 2017
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
$425,000
2%
10%
Other
$655,222 Trending
2% versus*:
15%
Month
LM 1%
L3M 1%
PYM 7%
LY
$296,500
$425,000
2% 3% 1%
10% -2%
$353,296
$655,222 7,626
2% -3% 15% -9%
$296,500 1,032
1% -10%
1% 7% -13%
11%
$353,296 3%
1%
-2%
10%
84 8% 4% 9%
7,626 -3%
-9%
$296 -2% 0% 6%
1,032 -10%
-13%
$220 -3% 0% 6%
84 8% 4% 9% 8%
7.4 7% -2% 5%
$296 -2% 0% 6% 6%
94.5% .1% .3% -.1%
Average List Price of all Current Listings
Market
Profile
& Trends
June Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
June Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
June
Sales
Price
June Median
Number
of Properties
Sold
June Average Sales Price
June Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
June Number of Properties Sold
June Sold Price per Square Foot
June Average Days on Market (Solds)
June Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
June Sale Price vs List Price Ratio
June Sold Price per Square Foot
$220 -3%
7.4 7%
94.5% .1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Month's Supply of Inventory
June Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
Prior YTD 13%
Prior Year 8%
11% YTD
$290,000
10%
$344,096
8%
7%
$290,000 5,839
13%
$344,096
8%
8%
82
-6% 8%
5% 7%
7%
9%
5%
3%
6%
-1%
6%
$296
5,839
-6%
9%
$216
82
5%
-11%
8.5
$296
7%
-.2%
94.1%
5%
6%
7%
2%
-1%
0% 6% 9%
$216
9%
7%
-2% 5% -11%
8.5
3%
2%
of 94.1%
Properties
.3% -.1% Number
-.2%
-1% Sold -1%
1,400
June Property sales were 1,032, down 13.2% from 1,189 in June
of 2016 and 9.7% lower than the 1,143 sales last month. June
1,200
Property
2017 sales Sales
were at their lowest level compared to June of 2016 1,400
June
sales
were
1,032,
down 13.2%
from 1,189
June last 1,000
and Property
2015. June
YTD
sales
of 5,839
are running
5.8% in behind
of year's
2016 year-to-date
and 9.7% lower
than
1,143 sales last month. June
1,200
sales
of the
6,197.
800
2017 sales were at their lowest level compared to June of 2016
3 Mo Avg
Number of Properties Sold
3 Mo Avg
and 2015. June YTD sales of 5,839 are running 5.8% behind last 1,000
600
year's year-to-date sales of 6,197.
800
Prices
340
320
300
280
260
240
220
200
Inventory & MSI
14
400
380
360
340
320
300
280
260
240
220
200
3 Mo Avg
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6,000
12.0
12.0
6,000
4,000
10.0
8.0
6.0
4,000
4.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 7.4 a
2,000
higher
MSI
is better
for buyers.
June 2017
MSI
of 7.4
months
was
at its highest
level The
compared
with
June
of 2016 and 2,000
2.0
months
0
2015. was at its highest level compared with June of 2016 and
0
0.0
2015.
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 F M A M J
14
15
16
17
14
15
16
17
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
17
15 A M J J A S O N D J F M 16
J A 14
S O N D J F M
A M J J A S O N D J F M A 17 M J
14
15
16
17
8,000
112 | c
883
16
Median Sales Price and Average Sales Price
The Total Inventory
Inventory
& MSI of Properties available for sale as of June
12,000
was Total
7,626,
down 3.4%
from 7,892
last month
and
8.7%
The
Inventory
of Properties
available
for sale
as down
of June
from
8,349
in June
last 7,892
year. last
June
2017 and
Inventory
was at its 12,000
was
7,626,
down
3.4% of
from
month
down 8.7%
10,000
from
8,349
in compared
June of last with
year. June
June
was at its
lowest
level
of 2017
2016 Inventory
and 2015.
10,000
8,000
lowest level compared with June of 2016 and 2015.
A comparatively lower MSI is more beneficial for sellers while a
1,180
1,109
15
last month. June 2017 ASP was at a mid range compared to
June of 2016 and 2015.
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
14
15
16
17
J A S O N D J F M Median
A M J J Sales
A S O Price
N D J and
F M A Average
M J J A Sales
S O N Price
D J F M A M J
0
The Median Sales Price in June was $296,500, up 6.7% from
Prices
$278,000 in June of 2016 and up 0.5% from $295,000 last
The
Median
Sales
Price Sales
in June
was in
$296,500,
6.7% from down
month.
The
Average
Price
June was up $353,296,
400
$278,000
in $360,183
June of 2016
and up
0.5% and
from up
$295,000
last $341,687
1.9% from
in June
of 2016
3.4% from
month.
The Average
Sales ASP
Price
in June
was range
$353,296,
down to 380
last month.
June 2017
w as
at a mid
compared
1.9%
$360,183
in June of 2016 and up 3.4% from $341,687 360
June from
of 2016
and 2015.
0
200
200
400
400
600
10.0
8.0
6.0
4.0
2.0
0.0
Data
provided
courtesy
of
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
d Greater
w Fort
e l Fort
l Lauderdale
ban
k REALTORS,
erh
o REALTOR
m Association
e s Association
co
m of Martin
Data
is is
provided
courtesy
Lauderdale
REALTORS,
REALTOR
of 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.