FL ARCHIVED February 2017 | Page 178

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

City : Heathrow

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
$ 344,900
-51%
-18%
Average List Price of all Current Listings
$ 457,221
-26%
-7%
February Median Sales Price
$ 445,000
-8%
1 %
26 %
12 %
$ 445,000
13 %
12 %
February Average Sales Price
$ 445,000
-8%
-6%
23 %
3 %
$ 472,000
28 %
9 %
Total Properties Currently for Sale ( Inventory )
9
0 %
-57%
February Number of Properties Sold
1 -50%
-75%
3
-67%
February Average Days on Market ( Solds )
1 -90% -99% -99% -99%
7
-94%
-93%
Asking Price per Square Foot ( based on New Listings )
$ 164
-12% -9%
-5%
-4%
$ 182
10 %
6 %
February Sold Price per Square Foot
$ 166
-8%
-2%
13 %
3 %
$ 176
17 %
9 %
February Month ' s Supply of Inventory
9.0
100 % 84 %
71 %
82 %
6.8
49 %
37 %
February Sale Price vs List Price Ratio
98.9 %
1.6 % 5.0 % 10.0 % 7.0 %
97.8 %
9 %
6 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 1 , down 75.0 % from 4 in February
of 2016 and 50.0 % lower than the 2 sales last month . February Property 2017 sales Sales were at their lowest level compared to February of 12
February 2016 and Property 2015 . February sales were YTD 1 , down sales 75.0 of % 3 are from running 4 February 66.7 % of behind 2016 and last 50.0 year %' s lower year-to-date than the sales 2 sales of last 9 . month . February
10
2017 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 3 are running 66.7 %
8 behind last year ' s year-to-date sales of 9 .

Heathrow

Agent Name
Title Phone Website Other

Community Information | School District

6
12
10
8
6
4
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
4
2
2 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 $ 445,000 , up 26.2 %
700
Prices from $ 352,500 in February of 2016 and down 8.3 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 485,500 Median last Sales month Price . in The February Average was Sales $ 445,000 Price , in up February 26.2 % was
650
700 from $ 445,000 $ 352,500 , up in 22.5 February % from of $ 2016 363,125 and in down February 8.3 % from of 2016 and 600 $ 485,500 last month . The Average Sales Price in February was
650
down 8.3 % from $ 485,500 last month . February 2017 ASP was 550 $ 445,000 , up 22.5 % from $ 363,125 in February of 2016 and 600 at a mid range compared to February of 2016 and 2015 . 500 down 8.3 % from $ 485,500 last month . February 2017 ASP was 550
450 at a mid range compared to February of 2016 and 2015 . 500
400 450
350 400
300 350
250
300 250
200
200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 9 , equal of Properties to 9 last month available and for down sale as 57.1 of % from 21 February in February was 9 of , equal last year to 9 . last February month 2017 and down Inventory 57.1 % was from at 21 its 30 in lowest February level of compared last year . February with February 2017 Inventory of 2016 and was 2015 at its . 25 lowest level compared with February of 2016 and 2015 . 20
15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI is better for buyers . The February 2017 MSI of 9.0 higher months MSI was is better at its highest for buyers level . The compared February with 2017 February MSI of 9.0 of 20165
months and 2015 was . at its highest level compared with February of 2016 and 2015 .
0
7 6 7 10
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25
30.0
25.0
20
25.0
20.0
15
20.0
15.0
15.0
10
10.0
10.0
5
5.0
5.0
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
0.0
13
9 7 13 7
6 9 11
7 15 7
10 18 11
6
20 15
6
22 18
24 4
20
17 4
22
20 1
24
17
16
1 20
22 3 24
16 2 26
7 24
4
22 25 25
26 2
26 25 25
4 25 24
3 26 22
8 25
4 24
19 19
4 22 21
8 19
4 19
17 17
6 6 4 4 1 1 3 2 7 4 2 4 3 8 4 4 8 4 5 4 5
5 10 21
4 17
18 18
16 5 17
10 18
11 11
2
18 13
6
16
11
11 2 7
11 4
13 3
11
9 9
2 7
1
2 6 2 4 3 2 1 6 2 1
9 6
9 2 1
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
178 | 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 .