Market Action Report February 2017
Community Information | School District
Market Action Report February 2017
City : Coral Springs
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 |
$ 374,900 |
8 % |
|
19 % |
|
|
|
|
Average List Price of all Current Listings |
$ 384,766 |
11 % |
|
20 % |
|
|
|
|
February Median Sales Price |
$ 325,500 |
5 % |
-4% |
10 % |
0 % |
$ 317,500 |
13 % |
-2% |
February Average Sales Price |
$ 307,803 |
6 % |
0 % |
14 % |
2 % |
$ 299,886 |
14 % |
-1% |
Total Properties Currently for Sale ( Inventory ) |
402 |
-4% |
|
-49% |
|
|
|
|
February Number of Properties Sold |
101 |
9 % |
|
-30% |
|
194 |
-29% |
|
February Average Days on Market ( Solds ) |
65 |
0 % |
3 % |
-16% -16% |
65 |
-14% |
-16% |
Asking Price per Square Foot ( based on New Listings ) |
$ 165 |
5 % |
5 % |
11 % |
9 % |
$ 161 |
10 % |
6 % |
February Sold Price per Square Foot |
$ 148 |
2 % |
0 % |
11 % |
4 % |
$ 147 |
11 % |
3 % |
February Month ' s Supply of Inventory |
4.0 -11% |
7 % |
-28% |
8 % |
4.2 |
-23% |
15 % |
February Sale Price vs List Price Ratio |
96.5 % |
-. 5 % |
. 1 % |
1.3 % |
-. 0 % |
96.8 % |
1 % |
0 % |
* 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 101 , down 29.9 % from 144 in |
February of 2016 and 8.6 % higher than the 93 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 . 101 February , down 29.9 YTD % sales from of 144194 in are |
|
|
|
February running of 29.5 2016 % behind and 8.6 % last higher year ' than s year-to-date the 93 sales sales last of month 275 ..
February 2017 sales were at their lowest level compared to
|
200 |
150 |
February of 2016 and 2015 . February YTD sales of 194 are |
|
|
running 29.5 % behind last year ' s year-to-date sales of 275 . |
150 |
100 |
Agent Name
Coral Springs Title
Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
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 $ 325,500 , up 9.8 %
400
Prices from $ 296,500 in February of 2016 and up 5.0 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 310,000 Median last Sales month Price . in The February Average was Sales $ 325,500 Price , in up February 9.8 % was
380
400 from $ 307,803 $ 296,500 , up in 13.7 February % from of $ 270,659 2016 and in up February 5.0 % from of 2016 and up 360 $ 310,000 last month . The Average Sales Price in February was
380
5.7 % from $ 291,289 last month . February 2017 ASP was at the 340 $ 307,803 , up 13.7 % from $ 270,659 in February of 2016 and up 360 highest level compared to February of 2016 and 2015 .
320
5.7 % from $ 291,289 last month . February 2017 ASP was at the 340 300 highest level compared to February of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
200
200 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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 402 , of down Properties 3.8 % from available 418 for last sale month as of and down 1,200 February 49.2 % from was 402 792 , in down February 3.8 % from of last 418 year last . month February and 2017 down 1,200
9.0 1,000
49.2 Inventory % from was 792 in at February its lowest of level last compared year . February with 2017 February of 8.0
1,000 Inventory 2016 and was 2015 at . its lowest level compared with February of
800 7.0
2016 and 2015 . 800
6.0 600
5.0
600 A comparatively lower MSI is more beneficial for sellers while a 400
4.0
A comparatively lower MSI is more beneficial for sellers while a 400
3.0 higher MSI is better for buyers . The February 2017 MSI of 4.0 higher MSI is better for buyers . The February 2017 MSI of 4.0 200
2.0 months was at its lowest level compared with February of 2016 200 months was at its lowest level compared with February of 2016
1.0 and 2015 .
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
A J F M A M J
F M A M J F
14 15
16 17
150 143 164 181 174 161 146 188 133 171 121 131 163 183 165 197 191 192 172 166 134 202 131 144 169 193 216 229 202 218 215 169 149 151 93 101
836 876 914 958
M
14
150 143
836
164 181 174 161 146 188 133
1,025 999 978 936 935 905 932 862 855 821
876 914 958 1,025 999 978 936 935
J A S O N D J
15
171 121 131 163 183 165 197 191 192 172
905
932 862 855 821 814 842 832 779 755 770
166
814 842 832 779 755 770 701 660 715 792 819
J A S O N D J
16
134 202 832
701 660 715
131
792 144 169
784 771 771
193 668
216
534 229
819 832 784 771 771
202 668
218 534
422 413 402 418 402
J A S O N D J
17
215 169 149
422 413 402
151 93
418 402
101
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
90 | 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 .