FL ARCHIVED January 2017 | Page 118

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

City : Pinecrest

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
$ 1,794,500
3 %
16 %
Average List Price of all Current Listings
$ 2,244,041
1 %
10 %
January Median Sales Price
$ 857,500
-18% -10% -24% -14%
$ 857,500
-24%
-14%
January Average Sales Price
$ 979,750
-11% -10% -23% -21%
$ 979,750
-23%
-21%
Total Properties Currently for Sale ( Inventory )
164
1 %
-8%
January Number of Properties Sold
16
33 %
14 %
16
14 %
January Average Days on Market ( Solds )
132
14 %
13 %
52 %
28 %
132
52 %
28 %
Asking Price per Square Foot ( based on New Listings )
$ 387
6 %
3 %
2 %
7 %
$ 387
2 %
7 %
January Sold Price per Square Foot
$ 301
1 %
2 %
1 %
-3%
$ 301
1 %
-3%
January Month ' s Supply of Inventory
10.3 -25% -14% -20% -11%
10.3
-20%
-11%
January Sale Price vs List Price Ratio
87.7 % -2.7% -1.2% -2.3% -3.4%
87.7 %
-2%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 16 , up 14.3 % from 14 in January of
2016 and 33.3 % higher than the 12 sales last month . January Property 2017 sales Sales were at their highest level compared to January of 35
January 2016 and Property 2015 . sales January were YTD 16 , up sales 14.3 of % 16 from are 14 running January 14.3 of % 2016 ahead and of 33.3 last % year higher ' s year-to-date than the 12 sales last of 14 month . . January 30 2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 16 are running 14.3 % 25 ahead of last year ' s year-to-date sales of 14 .
20
Agent Name

Pinecrest Title

Phone Website Other

Community Information | School District

15 10
Number of Properties Sold
0
5 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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg
The Median Sales Price in January was $ 857,500 , down 24.4 %
Prices from $ 1,134,000 in January of 2016 and down 18.1 % from 1,900
Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,047,500 Median Sales last month Price in . January The Average was $ Sales 857,500 Price , down in January 24.4 % was from $ 979,750 $ 1,134,000 , down in 23.3 January % from of 2016 $ 1,278,179 and down in January 18.1 % from of 2016 and 1,9001,700 $ down 1,047,500 10.7 % last from month $ 1,097,725 . The Average last month Sales Price . January in January 2017 was ASP was $ at 979,750 a mid , range down 23.3 compared % from to $ 1,278,179 January of in 2016 January and of 2015 2016 . and 1,7001,500 down 10.7 % from $ 1,097,725 last month . January 2017 ASP was at a mid range compared to January of 2016 and 2015 . 1,5001,300
1,100
35 30 25 20 15 10 5
18 20 16 29 21 22 25 28 22 17 24 13 17 20 20 24 27 33 21 18 15 15 15 14 12 15 24 20 28 24 23 17 15 15 12 16
1,3001,100
900
700
700
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 164 , up of Properties 0.6 % from available 163 last for month sale and as of down 8.4 %
January from 179 was in 164 January , up 0.6 of % last from year 163 . last January month 2017 and Inventory down 8.4 % was at
250 from its lowest 179 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
200 its lowest level compared with January of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 10.3 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 10.3 of 2016
50 months and 2015 was
. at its lowest level compared with January of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
18.0
200
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
0
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
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
152
900
18
165 152
20
192
165 199 16 29 21 22 25 28 22
196 192
190 199
200 196
197 190
203 200 200 197
179 203
17 200
170
177 24 13
Number of Properties Sold
17 20 20 24 27 33 21 18 15
3 Mo Avg
179
175 170
165 177
175 175
175 160
165
164 175
163 175
168 160
158 164
154 163
179 168
158 199
154 204
179 211
222 199 222
204 210 211
199 222
201 222
194 210
181 199
163 201
164 194
15 15 14 12 15 24 20 28 24 23 17
181 15
163
3 Mo Avg
15
164 12 16
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
118 | 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 .