FL ARCHIVED February 2017 | Page 128

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

City : Jupiter

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
$ 574,950
0 %
6 %
Average List Price of all Current Listings
$ 1,077,067
-1%
9 %
February Median Sales Price
$ 360,000
-3%
-5%
0 %
-7%
$ 365,000
6 %
-6%
February Average Sales Price
$ 442,952
-22% -16% -22% -17%
$ 510,701
-8%
-4%
Total Properties Currently for Sale ( Inventory )
770
1 %
-9%
February Number of Properties Sold
87 -11%
-22%
185
-10%
February Average Days on Market ( Solds )
88
-2%
-4%
-5%
-2%
89
-3%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 271
-4%
-1%
2 %
2 %
$ 277
4 %
4 %
February Sold Price per Square Foot
$ 217
-12% -9%
-3%
-7%
$ 233
5 %
0 %
February Month ' s Supply of Inventory
8.9
14 %
28 %
16 %
59 %
8.3
3 %
49 %
February Sale Price vs List Price Ratio
94.1 %
-. 1 %
. 7 %
. 9 %
. 7 %
94.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250 February Property sales were 87 , down 21.6 % from 111 in
February of 2016 and 11.2 % lower than the 98 sales last month . Property February 2017 Sales sales were at their lowest level compared to 250 200
February Property of 2016 sales and 2015 were . 87 February , down 21.6 YTD % from sales 111 of in 185 are February running of 9.82016 % behind and 11.2 last % lower year ' s than year-to-date the 98 sales sales last of month 205 . .
February 2017 sales were at their lowest level compared to 200 150 February of 2016 and 2015 . February YTD sales of 185 are running 9.8 % behind last year ' s year-to-date sales of 205 .
150 100
Agent Name

Jupiter / Jupiter Beach Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
148 163 172 182 183
50 0
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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in February was $ 360,000 , equal to
700
Prices $ 360,000 in February of 2016 and down 2.7 % from $ 370,000 Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month . Sales The Price Average in February Sales Price was in $ 360,000 February , equal was $ to 442,952 , 650
700 $ down 360,000 21.7 in % February from $ 565,381 of 2016 in and February down 2.7 of % 2016 from and $ 370,000 down 600 last 22.4 month % from . The $ 570,846 Average last Sales month Price . in February 2017 was $ ASP 442,952 was , at a 650 down mid range 21.7 % compared from $ 565,381 to February in February of 2016 of 2016 and and 2015 down .
550
600 22.4 % from $ 570,846 last month . February 2017 ASP was at a mid range compared to February of 2016 and 2015 .
550
500
500 450
450 400
400 350
142
148 163 172 182 183 142 119 160 127 154 108 126 171 211 178 205 179 164 140 140 115 147 94 111 161 184 169 199 153 154 146 107 110 167 98 87
350
300
300
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
14 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
17
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
The
February Total Inventory was 770 , of up Properties 1.4 % from available 759 last for month sale as and of down 8.9 %
1,000
February from 845 was in February 770 , up 1.4 of % last from year 759 . last February month 2017 and down Inventory 8.9 % was
1,000
800 from at its 845 lowest in February level compared of last year with . February 2017 of 2016 Inventory and 2015 was .
800 at its lowest level compared with February of 2016 and 2015 .
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
8.0
10.0
8.0
6.0
600
6.0
400
4.0
A comparatively lower MSI is more beneficial for sellers while a
400
4.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 8.9
200 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 8.9 of
2016200
2.0 months and 2015 was
. at its highest level compared with February of 2016
0 and 2015 .
0
0.0
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 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
14
15
16
17
14
15
16
17
2.0
0.0
119
950
941 889 872 854 853 827 860 845 160 127 154 108 126 171
950 941 889 872 854 853 827 860 845 824 876 928 892 850 211
824
876 928 892 850 788 779
721 178 205 179 164
695 685 715 735 739
140
788
779 721 695 685 715 140 115 147 94 111 161 184 169 199
806
735 845
739 856 860
789 746 736 703 748 758 725 153 154 146
689 759 770
107
806 845 856 860 789 746 736 703 748 758 725 689 110 167
759
770 98 87
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
128 | 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 .