Market Action Report February 2017
Community Information | School District
Market Action Report February 2017
City : Hollywood
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 |
$ 325,000 |
0 % |
|
20 % |
|
|
|
|
Average List Price of all Current Listings |
$ 580,839 |
1 % |
|
17 % |
|
|
|
|
February Median Sales Price |
$ 252,000 |
-1% |
3 % |
26 % |
11 % |
$ 253,750 |
30 % |
12 % |
February Average Sales Price |
$ 332,077 |
10 % |
13 % |
13 % |
21 % |
$ 318,058 |
15 % |
15 % |
Total Properties Currently for Sale ( Inventory ) |
1,342 |
2 % |
|
-8% |
|
|
|
|
February Number of Properties Sold |
131 |
8 % |
|
-18% |
|
252 |
-22% |
|
February Average Days on Market ( Solds ) |
87 |
2 % |
0 % |
1 % |
2 % |
86 |
6 % |
1 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 246 |
3 % |
0 % |
7 % |
3 % |
$ 242 |
3 % |
1 % |
February Sold Price per Square Foot |
$ 212 |
5 % |
7 % |
19 % |
15 % |
$ 207 |
15 % |
13 % |
February Month ' s Supply of Inventory |
10.2 |
-6% |
11 % |
12 % |
42 % |
10.6 |
20 % |
47 % |
February Sale Price vs List Price Ratio |
93.2 % -1.2% -. 9 % -1.1% -1.4% |
93.7 % |
-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 131 , down 17.6 % from 159 in |
February of 2016 and 8.3 % higher than the 121 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 . 131 February , down 17.6 YTD % from sales 159 of 252 in are |
|
|
|
February running of 22.2 2016 % behind and 8.3 % last higher year ' than s year-to-date the 121 sales sales last of month 324 . .
February 2017 sales were at their lowest level compared to
|
200 |
150 |
February of 2016 and 2015 . February YTD sales of 252 are |
|
|
running 22.2 % behind last year ' s year-to-date sales of 324 . |
150 |
100 |
Agent Name
Hollywood 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 $ 252,000 , up 26.0 %
350
Prices from $ 200,000 in February of 2016 and down 1.2 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 255,000 Median last Sales month Price . in The February Average was Sales $ 252,000 Price , in up February 26.0 % was
330
350 from $ 332,077 $ 200,000 , up 12.6 in February % from $ of 294,858 2016 and in down February 1.2 % of from 2016 and up 310 $ 255,000 last month . The Average Sales Price in February was
330
9.6 % from $ 302,881 last month . February 2017 ASP was at the 290 $ 332,077 , up 12.6 % from $ 294,858 in February of 2016 and up 310 highest level compared to February of 2016 and 2015 .
270
9.6 % from $ 302,881 last month . February 2017 ASP was at the 290 250 highest level compared to February of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 1,342 of , Properties up 1.6 % from available 1,321 for last sale month as of and down 1,600
12.0
February 7.9 % from was 1,457 1,342 in , up February 1.6 % from of last 1,321 year last . month February and 2017 down 1,6001,400 12.0
10.0 7.9 Inventory % from 1,457 was in at February its lowest of level last compared year . February with 2017 February of 1,4001,200
10.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 1,2001,000
8.0
2016 and 2015 . 1,000
8.0 800
6.0
800 600
6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The February 2017 MSI of 10.2 400 higher MSI is better for buyers . The February 2017 MSI of 10.2
400 months was at its highest level compared with February of 2016 200
2.0
2.0 months was at its highest level compared with February of 2016 200 and 2015 .
0 0.0 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
208 204 201 217 209 196 171 199 174 196 138 186 216 235 208 233 222 214 212 204 190 197 165 159 198 214 235 215 212 221 197 137 183 192 121 131
1,424 1,491 1,500 1,460 1,451 1,415 1,434 1,498 1,494 1,430 1,460 1,421 1,436 1,352 1,272 1,269 1,286
M
14
208 204 201 217 209 196 171 199 174
J A S O N D J
15
196 138 186 216
1,424 1,491 1,500 1,460 1,451 1,415 1,434 1,498 1,494 1,430 1,460 1,421 1,436
1,352 235 208 233 222 214 212
1,243 1,230 1,257 1,254 1,265
1,388
J A S O N D J
16
204 190
1,272 1,269 1,286 1,243 1,230 1,257 1,254 1,265 197 165 159
1,457 1,466 1,481 1,480 1,406
198 214 235 215 212 221
1,388 1,457 1,466 1,481 1,480 1,406 1,379 1,345 1,296
1,379 1,345 1,296 1,257 1,265 1,251 1,321 1,342
J A S O N D J
17
197 137 183 192
1,257 1,265 1,251 1,321 1,342 121 131
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
94 | 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 .