Market Action Report January 2017
Community Information | School District
Market Action Report January 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 |
$ 349,900 |
-3% |
|
15 % |
|
|
|
|
Average List Price of all Current Listings |
$ 350,546 |
-2% |
|
13 % |
|
|
|
|
January Median Sales Price |
$ 310,000 |
-7% |
-8% |
17 % |
-5% |
$ 310,000 |
17 % |
-5% |
January Average Sales Price |
$ 291,929 |
-1% |
-6% |
15 % |
-3% |
$ 291,929 |
15 % |
-3% |
Total Properties Currently for Sale ( Inventory ) |
389 |
1 % |
|
-45% |
|
|
|
|
January Number of Properties Sold |
84 -43% |
-36% |
84 |
-36% |
January Average Days on Market ( Solds ) |
55 -19% -13% -27% -29% |
55 |
-27% |
-29% |
Asking Price per Square Foot ( based on New Listings ) |
$ 158 |
3 % |
1 % |
9 % |
4 % |
$ 158 |
9 % |
4 % |
January Sold Price per Square Foot |
$ 146 |
0 % |
-1% |
12 % |
2 % |
$ 146 |
12 % |
2 % |
January Month ' s Supply of Inventory |
4.6 |
78 % |
39 % -15% |
26 % |
4.6 |
-15% |
26 % |
January Sale Price vs List Price Ratio |
96.8 %
1.1 %
|
. 5 % |
. 3 % |
. 3 % |
96.8 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
250 |
January Property sales were 84 , down 35.9 % from 131 in |
January of 2016 and 43.2 % lower than the 148 sales last month . |
|
Property
January 2017 Sales sales were at their lowest level compared to
|
250 |
200 |
January Property of 2016 sales and 2015 were . 84 January , down 35.9 YTD % sales from of 13184 in are running |
|
January
35.9 % behind of 2016 last and year 43.2 '% s year-to-date lower than the sales 148 of sales 131 last . month .
January 2017 sales were at their lowest level compared to
|
200 |
150 |
January of 2016 and 2015 . January YTD sales of 84 are running |
|
|
35.9 % behind last year ' s year-to-date sales of 131 . |
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
123 150 143 164 181 174 161 146 188 133 171 121 131 162 183 165 197 191 192 172 166 134 202 131 144 169 193 216 229 202 218 214 168 147 148 84
772 836
876 772 914
F
14
123 150 143 164 181 174
50 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 $ 310,000 , up 17.0 %
400
Prices from $ 265,000 in January of 2016 and down 7.0 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 333,500 Median last Sales month Price . in The January Average was Sales $ 310,000 Price , up in January 17.0 % was
380
400 from $ 291,929 $ 265,000 , up 15.5 in January % from of $ 252,764 2016 and in down January 7.0 % of from 2016 and 360 $ 333,500 last month . The Average Sales Price in January was
380
down 1.2 % from $ 295,525 last month . January 2017 ASP was at 340 $ 291,929 , up 15.5 % from $ 252,764 in January of 2016 and 360 the highest level compared to January of 2016 and 2015 . 320 down 1.2 % from $ 295,525 last month . January 2017 ASP was at 340
300 the highest level compared to January of 2016 and 2015 . 320
280 300
260 280
240 260
220
240 220
200
200 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
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 January Total Inventory was 389 , up of Properties 0.8 % from available 386 last for month sale as and of down 1,200
9.0
January 45.4 % from was 389 712 , up in January 0.8 % from of 386 last last year month . January and down 2017 Inventory 1,200
9.0 8.0
1,000 45.4 was % at from its lowest 712 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 8.0
1,000 .
7.0 was at its lowest level compared with January of 2016 and 2015 . 800
7.0 6.0
800
6.0 5.0 600
5.0 600
4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 3.0
A comparatively lower MSI is more beneficial for sellers while a 400 3.0 higher MSI is better for buyers . The January 2017 MSI of 4.6 2.0 higher MSI is better for buyers . The January 2017 MSI of 4.6 200 2.0 months was at its lowest level compared with January of 2016 200 1.0 months was at its lowest level compared with January of 2016 1.0 and 2015 . 0
0.0 and 2015 .
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
M A J F M A M J
F M A M J 14
15 16
17
836
161 146 188
958 1,025 999 978 936
133
958 876
1,025 914 999 978 936 935 905 932
862 855 821
J A S O N D J
15
171 121 131 162 183 165 197 191 192 172
935 905 932 862 855 821 814 842 832 779 756 770
166
814 842 832 779 756 770 700 658 712 789 816
J A S O N D J
16
134 202 829
700 658 712 131 144 169
779 765 764
193
658 216
528 229
789 816 829 779 765 764
202 658
218 528
415 401 386 389
J A S O N D J
17
214 168
415 401
147 148
386 389
84
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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 .