FL ARCHIVED March 2017 | Page 110

Market Action Report
Kendall
City: Kendall
Agent Name
Title
Phone
Agent
Name
Website
Title Other
March 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$204,450
-18%
-15%
Other
$226,050 Trending
-8% versus*:
-14%
Month
LM L3M -26%
PYM -30%
LY
$195,000
$204,450
-18%
-15% -29%
$195,000
-26%
$226,050 -8%
6 -33% -14% -79%
$195,000
-10%
1 -26% -30% -92%
$195,000 61 -26% -29%
-14%
0% -35%
6 -33%
-79%
$142 0% -4% -54%
1
-92%
$158
-20% 5%
61
0% -35% -34%
6.0 0% 0% 157%
$142 0% -4% -54% -18%
98.0%
2.9% 5.7%
Average List Price of all Current Listings
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
Total Properties
Currently
for Listings
Sa le (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
$158
-20% 5%
6.0 0% 0% 157%
98.0%
2.9% 5.7%
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
3 Mo Avg
14
18
15
16
18
13
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 J Median
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
The Median Sales Price in March was $195,000, down 30.4%
400
Prices
from $280,000 in March of 2016 and up from $0 last month.
The
Sales
Price
in March
was was
$195,000,
down
30.4%
The Median
Average
Sales
Price
in March
$195,000,
down
29.3%
400 350
from
of of
2016
up up from
$0 $0
last last
month.
from $280,000
$275,958 in in March
March
2016 and
and
from
month.
The
Average
in the
March
was level
$195,000,
down to
29.3%
March
2017 Sales
ASP Price
was at
lowest
compared
March of 350 300
from
in March of 2016 and up from $0 last month.
2016 $275,958
and 2015.
March 2017 ASP was at the lowest level compared to March of
300 250
2016 and 2015.
0
2
4 4
6 6
8 8
10 10
12 14
Prices
3 Mo Avg
14
12
0
-34%
-18%
7%
-27%
3%
-18%
$142
-14%
1 -96%
7%
$158
11%
61 -34%
-34%
-27%
6.0
7%
$142
-14%
-18%
3.3%
98.0%
5%
16
16
2
-7%
-10%
1 -96%
-12%
-14%
61 -34%
Number of Properties Sold
18
were at their lowest level compared to March of 2016 and 2015.
March YTD sales of 1 are running 95.7% behind last year's year-
to-date sales of 23.
$195,000
$195,000
-34%
20
March Property sales were 1, down 91.7% from 12 in March of
2016 and higher than the 0 sales last month. March 2017 sales
Property
Sales
were at their
lowest level compared to March of 2016 and 2015.
20
March
sales
down 91.7%
from
12 in last
March
of year-
March Property
YTD sales
of were
1 are 1, running
95.7%
behind
year's
18
2016
and sales
higher
to-date
of than
23. the 0 sales last month. March 2017 sales
Trending versus*:
Prior YTD -7%
Prior Year -10%
-10% YTD
$195,000
-14%
$195,000
-12%
-14%
7%
$158
11%
7%
-27%
6.0
7%
-27%
Number of 98.0%
Properties
3.3%
5% Sold 3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Kendall
March 2017
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
250 200
200 150
150 100
10.0
0.0
5.0
5.0
10.0
15.0
15.0
20.0
20.0
15
16
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
.
25.0
25.0
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
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
14
110 | c
30.0
30.0
90
80
70
60
50
40
30
20
10
0
70
60
50
A comparatively lower MSI is more beneficial for sellers while 40
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a 30
MSI is better
for buyers.
March for
2017
MSI
of 6.0
higher
MSI
is better
for level
buyers.
The March
MSI of of 2016
6.0 and 20
months
was
at a mid
compared
with 2017
March
10
months
2015. was at a mid level compared with March of 2016 and
0
2015.
level compared with March of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
was Total
6, down
33.3% of from
9 last month
and
from 28
The
Inventory
Properties
available
for down
sale as 78.6%
of March
in March
last year.
2017 Inventory
was at from
its lowest
was
6, down of 33.3%
from March
9 last month
and down 78.6%
28 90
80
in level
March
of last year.
Inventory
was at its lowest
compared
with March
March 2017
of 2016
and 2015.
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
100
17
Data
provided
courtesy
of
Fort
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
d Greater
w Fort
el
l Lauderdale
ban
k REALTORS,
erh
o REALTOR
m Association
e s Association
co
m of Martin
Data
is is
provided
courtesy
Lauderdale
REALTORS,
REALTOR
of Martin
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.