FL ARCHIVED June 2017 | Page 116
Market Action Report
City: Pinecrest
Pinecrest
Agent Name
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
$1,765,000
-1%
14%
Other
$2,177,601 Trending
-1% versus*: 9%
Month
LM -33%
L3M -20%
PYM -19%
LY
$825,000
$1,765,000
-1% -27% -13%
14% -12%
$1,078,179
$2,177,601 220
-1% -0%
9% -1%
$825,000 -33%
-20%
-19%
-17%
19 12%
-32%
$1,078,179 -27%
-13%
-12%
-12%
99 -31% -21% 18%
220 -0%
-1%
$380 2% 1% 9%
19 12%
-32%
$317 -1% 2% 2%
99 -31% -21% 18% -4%
11.6 -11% 0% 46%
$380 2% 1% 9% 6%
91.3% 4.2% 1.3% -.5%
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
Trending versus*:
Prior YTD -7%
Prior Year -6%
-17% YTD
$929,000
-12% $1,161,862
-7%
-6%
$929,000
$1,161,862
-4%
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
20
15
10
14
15
18
15
16
15
12
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 A Median
M J J A Sales
S O N Price
D J F and
M A Average
M J J A Sales
S O N Price
D J F M A M J
The Median Sales Price in June was $825,000, down 19.0%
Prices
from $1,018,750 in June of 2016 and down 33.2% from
1,900
The
Median Sales
in June
was $825,000,
down in
19.0%
$1,235,000
last Price
month.
The Average
Sales Price
June was
from
$1,018,750
in June
of from
2016 $1,223,629
and down 33.2%
from
$1,078,179,
down
11.9%
in June
of 2016 and 1,900 1,700
$1,235,000
last from
month.
The Average
Sales Price
in 2017
June ASP
was was at
down 26.5%
$1,467,471
last month.
June
$1,078,179,
11.9% from to
$1,223,629
in June
2016 and
1,700 1,500
the lowest down
level compared
June of 2016
and of 2015.
down 26.5% from $1,467,471 last month. June 2017 ASP was at
the lowest level compared to June of 2016 and 2015.
0
5
Prices
5
10
0
3 Mo Avg
2 5
15
3 Mo Avg
Number of Properties Sold
30
20
26%
5%
-1%
6%
-2%
35
25
-8% -6%
26% -6%
6%
-2%
26%
4%
5%
-2%
$317 -1% 2% 2% 3%
$305
-2%
-1%
11.6 -11% 0% 46% 0%
12.3
4%
6%
of 89.4%
Properties
91.3% 4.2% 1.3% -.5% Number
.5%
-2% Sold -2%
June Month's Supply of Inventory
sales were at their lowest level compared to June of 2016 and
2015. June YTD sales of 104 are running 8.0% behind last
year's year-to-date sales of 113.
-7%
104
-7%
130
$379
104
-8%
$305
130
26%
12.3
$379
6%
89.4%
6%
3%
0%
.5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
June Property sales were 19, down 32.1% from 28 in June of
2016 and 11.8% higher than the 17 sales last month. June 2017
Property
sales were Sales
at their lowest level compared to June of 2016 and 35
June
Property
sales sales
were of
19, 104
down
from
28 in behind
June of last
2015.
June YTD
are 32.1%
running
8.0%
2016
and
11.8% higher
than of the
17 sales last month. June 2017
30
year's
year-to-date
sales
113.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Pinecrest
June 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
1,500 1,300
1,300 1,100
1,100 900
900 700
Inventory & MSI
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
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
200
compared with June of 2016 and 2015.
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
June 2017
MSI while
of 11.6 a
higher
MSI
is better
for buyers.
June 2017
MSI
of 11.6
months
was
at its highest
level The
compared
with
June
of 2016 and 50
months
2015. was at its highest level compared with June of 2016 and
0
2015.
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 June
250
was Total
220, Inventory
down 0.5%
from 221 last
month
The
of Properties
available
for and
sale down
as of 0.9%
June from
250
222 220,
in June
last from
year. 221
June
Inventory
was
at a from
mid level
was
down of 0.5%
last 2017
month
and down
0.9%
200
222
in June with
of last June
year. of June
was at a mid level
compared
2016 2017
and Inventory
2015.
150
100
50
0
.
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
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
116 | c
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
700
Data
provided
courtesy
of
Fort
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
el
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.