FL ARCHIVED March 2017 | Page 100

Market Action Report
Weston
City: Weston
Agent Name
Title
Phone
Agent
Name
Website
Title Other
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$579,000
2%
5%
Other
$818,525 Trending
0% versus*:
14%
Month
LM 9%
L3M -1%
PYM 10%
LY
$425,000
$579,000
2% 4% -5%
5% 10%
$451,787
$818,525 431
0% 2% 14% -13%
$425,000 9%
-1% 10% 30%
-3%
95 70%
$451,787 4%
-5%
10%
-8%
73 7% -3% 0%
431 2%
-13%
$229 6% 5% 8%
95 70%
30%
$192 -0% -1% 3%
73 7% -3% 0% -5%
4.5 -40% -33% -33%
$229 6% 5% 8% 8%
95.6% 1.8% .8% 1.4%
$192 -0% -1% 3%
4.5 -40% -33% -33%
95.6% 1.8% .8% 1.4%
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
160
March Property sales were 95, up 30.1% from 73 in March of
140
2016 and 69.6% higher than the 56 sales last month. March
Property
2017 sales Sales
were at a mid level compared to March of 2016 and 160
120
March
sales sales
were of
95, 202
up 30.1%
from 73
in March
of last
2015. Property
March YTD
are running
1.0%
behind
140
2016
and
69.6%
higher
than
the
56
sales
last
month.
March
year's year-to-date sales of 204.
100
Prices
15
16
14
The Median Sales Price in March was $425,000, up 10.4% from
600
Prices
$385,000 in March of 2016 and up 9.3% from $388,750 last
The
Median
Sales
Price Sales
in March
was
10.4% from
month.
The
Average
Price
in $425,000,
March was up $451,787,
up
600 550
$385,000
in $412,152
March of 2016
and up
9.3% and
from up
$388,750
last
9.6% from
in March
of 2016
3.7% from
month.
The last
Average
Sales
Price 2017
in March
up level 550 500
$435,481
month.
March
ASP was
was $451,787,
at the highest
9.6%
from $412,152
in of
March
2016
and up 3.7% from
compared
to March
2016 of
and
2015.
$435,481 last month. March 2017 ASP was at the highest level
500 450
compared to March of 2016 and 2015.
3 Mo Avg
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
15
16
17
A M J J A S O N D Median
J F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
3 Mo Avg
0
0
20
20
40
3 Mo Avg
40
60
-3%
4%
0%
22%
-0%
60
80
-1% -3%
6% -2%
4%
5%
-3%
1%
4%
-0%
80
100
-3%
-2%
Number of Properties Sold
120
2017 sales were at a mid level compared to March of 2016 and
2015. March YTD sales of 202 are running 1.0% behind last
year's year-to-date sales of 204.
9%
-2%
$196
5%
0%
-18%
6.8
1%
22%
Number
of 94.9%
Properties
.7%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
78
March Sold Price per Square Foot
March Average Days on Market (Solds)
124
March Number of Properties Sold
Asking Price per Square Foot (based on New Listings)
$481,823
7%
202
9%
75
8%
$220
202
-1%
-2%
$196
75
6%
-18%
6.8
$220
4%
.7%
94.9%
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Trending versus*:
YTD
Prior YTD 7%
Prior Year
$425,250
$425,250
$481,823
-5%
March Average Sales Price
Trending versus*:
Prior YTD Prior Year
YTD
-3%
-8%
March
Sales
Price
March Median
Number
of Properties
Sold
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Average List Price of all Current Listings
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Action Report
City: Weston
March 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
450 400
400 350
350 300
Total Inventory & Month's Supply of Inventory (MSI)
0
2015.
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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
17
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
15
16
14
15
16
17
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
100 | c
300
A comparatively lower MSI is more beneficial for sellers while 300
a 200
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a 200
MSI is better
for buyers.
March for
2017
MSI
of 4.5
100
higher
MSI
is better
for buyers.
March 2017
MSI of 4.5
months
was
at its lowest
level The
compared
with March
of 2016 and
100
months
0
2015. was at its lowest level compared with March of 2016 and
400
400
500
level compared with March of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
was Total
431, Inventory
up 2.1% from
422 last available
month and
from 496 700
The
of Properties
for down
sale as 13.1%
of March
in March
last from
year. 422
March
2017 Inventory
at from
its lowest
was
431, up of
2.1%
last month
and down was
13.1%
496 700 600
in level
March
of last year.
Inventory
was at its lowest
compared
with March
March 2017
of 2016
and 2015.
600 500
Inventory & MSI
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
17
15 A M J J A S O N D J F M 16
A M 14 J J A S O N D J F M
A M J J A S O N D J F M
14
15
16
17
300
.
Data
provided
courtesy
of d Greater
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
o of l Greater
w Fort
e Fort
l Lauderdale
l Lauderdale
b a REALTORS,
n k REALTORS,
e r REALTOR
h o REALTOR
m Association
e s Association
c of o Martin
m of Martin
Data
is is
provided
courtesy
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.