FL ARCHIVED January 2017 | Page 178

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 699,000
0 %
59 %
Average List Price of all Current Listings
$ 643,189
-3%
25 %
January Median Sales Price
$ 485,500
18 %
12 %
23 %
22 %
$ 485,500
23 %
22 %
January Average Sales Price
$ 485,500
8 %
4 %
30 %
13 %
$ 485,500
30 %
13 %
Total Properties Currently for Sale ( Inventory )
9
29 %
-53%
January Number of Properties Sold
2 -67%
-60%
2
-60%
January Average Days on Market ( Solds )
10 -91% -89% -92% -91%
10
-92%
-91%
Asking Price per Square Foot ( based on New Listings )
$ 187
0 %
2 %
18 %
9 %
$ 187
18 %
9 %
January Sold Price per Square Foot
$ 181
10 %
7 %
17 %
12 %
$ 181
18 %
12 %
January Month ' s Supply of Inventory
4.5
286 % -24% 18 %
-10%
4.5
18 %
-10%
January Sale Price vs List Price Ratio
97.3 %
4.2 % 4.3 % 8.7 % 5.3 %
97.3 %
9 %
5 %
* 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 2 , down 60.0 % from 5 in January
of 2016 and 66.7 % lower than the 6 sales last month . January Property 2017 sales Sales were at their lowest level compared to January of 12
January 2016 and Property 2015 . sales January were YTD 2 , down sales 60.0 of 2 % are from running 5 January 60.0 % of behind 2016 and last 66.7 year %' s lower year-to-date than the sales 6 sales of last 5 . month . January
10
2017 sales were at their lowest level compared to January of 2016 and 2015 . January YTD sales of 2 are running 60.0 %
8 behind last year ' s year-to-date sales of 5 .

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 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 $ 485,500 , up 22.9 %
700
Prices from $ 395,000 in January of 2016 and up 17.5 % from $ 413,050 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in January Sales Price was $ in 485,500 January , up was 22.9 $ 485,500 % ,
650
700 from up 30.1 $ 395,000 % from in $ January 373,200 of in 2016 January and of up 2016 17.5 % and from up $ 7.5 413,050 % from 600 last month . The Average Sales Price in January was $ 485,500 ,
650
$ 451,524 last month . January 2017 ASP was at the highest level 550 up 30.1 % from $ 373,200 in January of 2016 and up 7.5 % from 600 compared to January of 2016 and 2015 .
500
$ 451,524 last month . January 2017 ASP was at the highest level 550 450 compared to January 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 January Total Inventory was 9 , up of 28.6 Properties % from 7 available last month for sale and as down of 52.6 % January from 19 was in January 9 , up 28.6 of % last from year 7 last . January month and 2017 down Inventory 52.6 % was at 30 from its lowest 19 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at 25 its lowest level compared with January 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 January 2017 MSI of 4.5 higher months MSI was is better at a mid for level buyers compared . The January with January 2017 MSI of of 2016 4.5 and 5
months 2015 . was at a mid level compared with January of 2016 and
2015 .
0
7 7 6 7 10
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
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
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
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
0.0
20
13 7 20 9
7 13 7
6 9 11
7 15 7
10
18 11
6
20 15
22 6
18 24
4
20
17 4
22 24
20 1
17
16
1 20
22 3 24
2 26
16
7 24
4
22 25 25
26 26
2 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
18 18
4 17
16 5 17
10
18
11 11
2
18 16
13 6 12 11
2 7
11 4 9
13 3
12 2
2 6 2 4 3 2 1 6 2
7 1
9 6 2
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 .