FL ARCHIVED January 2017 | Page 102

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

County : Miami-Dade

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
$ 450,000
0 %
13 %
Average List Price of all Current Listings
$ 1,058,838
2 %
9 %
January Median Sales Price
$ 282,750
5 %
3 %
13 %
7 %
$ 282,750
13 %
7 %
January Average Sales Price
$ 434,377
14 %
5 %
3 %
3 %
$ 434,377
3 %
3 %
Total Properties Currently for Sale ( Inventory )
19,903
2 %
2 %
January Number of Properties Sold
1,368 -31%
-19%
1,368
-19%
January Average Days on Market ( Solds )
98
13 %
11 %
18 %
17 %
98
18 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 377
1 %
3 %
2 %
7 %
$ 377
2 %
7 %
January Sold Price per Square Foot
$ 253
7 %
5 %
4 %
6 %
$ 253
4 %
5 %
January Month ' s Supply of Inventory
14.5
47 %
23 %
26 %
50 %
14.5
26 %
50 %
January Sale Price vs List Price Ratio
92.7 % -1.7% -1.0% -1.8% -1.4%
92.7 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 January Property sales were 1,368 , down 19.4 % from 1,698 in January of 2016 and 30.8 % lower than the 1,976 sales last
2,500 Property month . January Sales 2017 sales were at their lowest level compared 3,000 January to January Property of 2016 sales and were 2015 1,368 . January , down 19.4 YTD % sales from of 1,698 1,368 in are January of 2016 and 30.8 % lower than the 1,976 sales last
2,000 running 19.4 % behind last year ' s year-to-date sales of 1,698 . 2,500 month . January 2017 sales were at their lowest level compared
to January of 2016 and 2015 . January YTD sales of 1,368 are 1,500 2,000 running 19.4 % behind last year ' s year-to-date sales of 1,698 . 1,000
1,500
Agent Name

Miami-Dade County Title

Phone Website Other

Community Information | School District

1,000 500
Number of Properties Sold
500
0
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 282,750 , up 13.1 % from
Prices
$ 249,950 in January of 2016 and up 4.7 % from $ 270,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 282,750 was , up $ 13.1 434,377 % from , up
500
$
3.3 249,950 % from in $ January 420,476 of in 2016 January and up of 4.7 2016 % from and up $ 270,000 13.8 % from last
F
M A M J
14
500
450
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 381,801 . The last Average month Sales . January Price in 2017 January ASP was $ at 434,377 the highest , up level
450
3.3 compared % from $ to 420,476 January in January of 2016 of and 2016 2015 and . up 13.8 % from
400
$ 381,801 last month . January 2017 ASP was at the highest level
400
350
compared to January of 2016 and 2015 .
350
300
300 250
1,932
1,932 2,435 2,648 2,723 2,628 2,497 2,385 2,552 2,632 2,083 2,607 2,024 2,063 2,563 2,654 2,633 2,744 2,756 2,380 2,358 2,430 1,957 2,247 1,698 1,919 2,359 2,338 2,291 2,503 2,162 2,319 2,119 1,864 1,852 1,976 1,368
20,435 20,727
21,215 2,435 2,648 2,723 2,628
21,486 21,322 21,251 21,165
2,497 2,385 2,552 2,632 2,083
21,036 21,315 21,392
20,212 20,454 20,281
2,607
Number of Properties Sold
250
200
200
F
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
M
14 A 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
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
January Total Inventory was 19,903 of , Properties up 1.8 % from available 19,558 for last sale month as of and up
22,000
January
1.6 % from was 19,584 19,903 , in up January 1.8 % from of last 19,558 year last . January month and 2017 up
22,000
21,000
1.6
Inventory % from 19,584 was at in a January mid level of compared last year . January with January 2017 of 2016 and
21,000
Inventory
2015 . was at a mid level compared with January of 2016 and
20,000
2015 .
20,000
19,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
16.0
14.0
12.0
10.0
16.0
14.0
12.0
10.0
8.0
19,000
8.0
A comparatively lower MSI is more beneficial for sellers while a
18,000
6.0
A comparatively lower MSI is more beneficial for sellers while a
18,000 higher MSI is better for buyers . The January 2017 MSI of 14.5 higher MSI is better for buyers . The January 2017 MSI of 14.5
17,000
4.0 months was at its highest level compared with January of
201617,000 months was at its highest level compared with January of 2016
2.0 and 2015 .
16,000 and 2015 .
16,000
0.0
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 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
14
15
16
17
14
15
16
17
6.0
4.0
2.0
0.0
20,435
20,727 21,215 21,486 21,322 21,251 21,165 21,036 21,315 21,392
2,024 2,063 2,563
20,212 20,454 20,281
19,916 19,310
19,916 19,310
18,782 18,278
2,654 2,633 2,744
18,782 18,278 18,285
2,756
18,285 18,124 18,174
18,845
18,455 2,380 2,358 2,430 1,957 2,247
18,124
18,405 18,174
18,845 19,584
18,455 20,390
18,405 20,465
19,584 20,473
1,698 1,919 2,359 2,338 2,291 2,503
20,384 20,359 20,242 20,136 20,215 20,272 20,468
19,558 19,903
3 Mo Avg
2,162 2,319 2,119
20,390 20,465 20,473 20,384 20,359 20,242 20,136 20,215 20,272 20,468
1,864
3 Mo Avg
1,852
19,558
19,903 1,976 1,368
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
102 | 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 .