FL ARCHIVED June 2017 | Page 86

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

County : Broward

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
$ 329,000
4 %
22 %
Average List Price of all Current Listings
$ 600,969
4 %
24 %
June Median Sales Price
$ 273,875
12 %
12 %
17 %
24 %
$ 235,000
9 %
7 %
June Average Sales Price
$ 334,693
6 %
6 %
13 %
15 %
$ 307,593
7 %
6 %
Total Properties Currently for Sale ( Inventory )
11,847
-3%
-24%
June Number of Properties Sold
2,722
-3%
-13%
14,755
-7%
June Average Days on Market ( Solds )
71
-1%
-1% -24% -16%
73
-15%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 225
8 %
6 %
15 %
16 %
$ 210
10 %
8 %
June Sold Price per Square Foot
$ 184
2 %
4 %
14 %
14 %
$ 175
10 %
8 %
June Month ' s Supply of Inventory
4.4
-0%
-5% -13% -25%
5.3
-14%
-8%
June Sale Price vs List Price Ratio
95.0 %
-. 1 %
. 0 %
-. 3 %
-. 0 %
94.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Broward County Title

Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
3,500
June Property sales were 2,722 , down 13.2 % from 3,136 in June of 2016 and 3.0 % lower than the 2,806 sales last month . June
3,000
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to June of
20163,500
June and Property 2015 . June sales YTD were sales 2,722 of , 14,755 down 13.2 are % running from 3,136 6.7 % in behind June of last 2016 year and ' s year-to-date 3.0 % lower than sales the of 2,806 15,812 sales . last month . June
2017 sales were at their lowest level compared to June of 2016
and 2015 . June YTD sales of 14,755 are running 6.7 % behind last year ' s year-to-date sales of 15,812 .
2,500
3,000
2,000
2,500
1,500
2,000
1,000
1,500
1,000
500
500
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 273,875 , up 16.5 % from
Prices
$ 235,000 in June of 2016 and up 11.6 % from $ 245,500 last
The month Median . The Sales Average Price Sales in June Price was in $ 273,875 June was , up $ 16.5 334,693 % from , up
350
$
13.2 235,000 % from in June $ 295,541 of 2016 in June and up of 11.6 2016 % from and up $ 245,500 6.2 % from last month . The Average Sales Price in June $ 334,693 , up
330
$ 315,155 last month . June 2017 ASP was at the highest level
13.2 % from $ 295,541 in June of 2016 and up 6.2 % from
310 compared to June of 2016 and 2015 .
$ 315,155 last month . June 2017 ASP was at the highest level
290 compared to June of 2016 and 2015 .
270
250
230
210
190
170
150
J
A S O N D
J
F
MMedian A M J
J Sales
A S O Price N D
J and
F M AAverage M J
J
A Sales S O NPrice D
J
F M A M J
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
14 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 A
17 M J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of June
The was Total 11,847 Inventory , down 3.3 of Properties % from 12,251 available last month for sale and as of down June 24.1 %
18,000 was from 11,847 15,600 , down in June 3.3 % of from last 12,251 year . last June month 2017 and Inventory down 24.1 was % at its
18,000
16,000 from lowest 15,600 level in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its
16,000
14,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
lowest level compared with June of 2016 and 2015 .
14,000
12,000
7.0
12,000
10,000
6.0
10,0008,000
5.0
A comparatively lower MSI is more beneficial for sellers while a
8,0006,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
6,000
3.0 higher MSI is better for buyers . The June 2017 MSI of 4.4
4,000 higher MSI is better for buyers . The June 2017 MSI of 4.4
4,000
2.0 months was at its lowest level compared with June of 2016 and
2,000 months was at its lowest level compared with June of 2016 and
2,000
1.0
2015 .
0
2015 .
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
2,653 2,456 2,369 2,546 1,979 2,621 1,942 2,044 2,689 2,859 2,716 3,021 2,971 2,709 2,639 2,614
2,653 2,456 2,369 2,546 1,979 2,621 1,942 2,044 2,689 2,859 2,716 3,021 2,971 2,709 2,639 2,614 2,166 2,752 1,949 2,181 2,823 2,812 2,911 3,136 2,673 2,901 2,622 2,273 2,241 2,499 1,860 1,987 2,846 2,534 2,806 2,722
15,543 15,532 15,651 15,989 15,976 15,453 15,989 16,094 15,773 15,331 14,852 14,603 14,473 14,210 14,018 14,277 14,099
15,543 15,532 15,651 15,989 15,976 15,453 15,989 16,094 15,773 15,331 14,852 14,603 14,473 14,210 14,018 14,277 14,099 13,921
14,986
16,181 2,166 2,752 1,949 2,181 2,823 2,812 2,911 3,136 2,673
13,921 16,608
16,631 14,986 16,230 15,600 15,110 14,433 13,511 12,804 12,930
2,901
16,181 16,608 16,631 16,230 15,600 15,110 14,433 13,511 2,622 2,273 2,241 2,499 1,860
12,642 13,249 13,276 13,015 12,571 12,251 11,847 1,987 2,846
12,804 12,930 12,642 13,249 13,276 13,015 12,571
2,534 2,806
12,251 11,847
2,722
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
86 | 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 .