FL ARCHIVED March 2017 | Page 118

Market Action Report
City: Pinecrest
Pinecrest
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
$1,780,000
0%
19%
Other
$2,223,820 Trending
2% versus*:
15%
Month
LM 22%
L3M 3%
PYM -18%
LY
$862,859
$1,780,000
0% 44% 23%
19% 31%
$1,329,107
$2,223,820 203
2% 10% 15% -1%
$862,859 22%
3% -18% -13%
16 23%
7%
$1,329,107 143
44% -6%
23% 6%
31% 20%
8%
203 10%
-1%
$403 1% 4% 12%
16 23%
7%
$301 13% 3% -6%
143 -6% 6% 20% 39%
12.7 -10% 1% -7%
$403 1% 4% 12% 12%
91.1% 4.7% 2.3% -2.3%
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
Sale (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
Trending versus*:
Prior YTD -19%
Prior Year -16%
-13% YTD
$830,000
8% $1,087,927
-8%
-12%
$830,000
$1,087,927
39%
12%
-2%
10%
.3%
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
35
March Property sales were 16, up 6.7% from 15 in March of 2016
and 23.1% higher than the 13 sales last month. March 2017 sales 30
Property
Sales
were at a mid
level compared to March of 2016 and 2015.
35
March
sales
16, running
up 6.7% 9.8%
from ahead
15 in March
2016
25
March Property
YTD sales
of were
45 are
of last of year's
and
23.1% higher
than
year-to-date
sales
of the
41. 13 sales last month. March 2017 sales 30
20
were at a mid level compared to March of 2016 and 2015.
25
$393
45
10%
$291
142
30%
12.6
$393
6%
88.7%
10% -16%
30% -12%
6%
-6%
38%
-13%
9%
-3%
38%
9%
-6%
10%
-2%
3 Mo Avg
Number of Properties Sold
3 Mo Avg
15
20
10
15
14
The Median Sales Price in March was $862,859, down 17.8%
Prices
from $1,050,000 in March of 2016 and up 21.5% from
1,900
The
Median last
Sales
Price in The
March
was $862,859,
down
17.8% was
$710,000
month.
Average
Sales Price
in March
from
$1,050,000
in March
of $1,012,107
2016 and up in 21.5%
from
$1,329,107,
up 31.3%
from
March
of 2016 and up 1,900 1,700
$710,000
last $924,231
month. The
Average
Price
in March
was at the
43.8% from
last
month. Sales
March
2017
ASP was
$1,329,107,
up compared
31.3% from to $1,012,107
March
2016 and up
1,700 1,500
highest level
March of in
2016
and of 2015.
33
27
15
16
Median Sales Price and Average Sales Price
15
15
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
Prices
0
5
0
5
10
43.8% from $924,231 last month. March 2017 ASP was at the
highest level compared to March of 2016 and 2015.
-19%
45
-8%
142
$301 13% 3% -6% -2%
$291
-6%
-6%
12.7 -10% 1% -7% 10%
12.6 -13%
10%
of 88.7%
Properties
91.1% 4.7% 2.3% -2.3% Number
.3%
-3% Sold -2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
March YTD sales of 45 are running 9.8% ahead of last year's
year-to-date sales of 41.
Trending versus*:
Prior YTD Prior Year
YTD
Market Action Report
City: Pinecrest
March 2017
3 Mo Avg
17
3 Mo Avg
1,500 1,300
1,300 1,100
1,100 900
900 700
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
A M 14
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 F M
14
15
16
17
200
level compared with March of 2016 and 2015.
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
MSI is better
for buyers.
March for
2017
MSI
of 12.7
higher
MSI
is better
for level
buyers.
The March
MSI of of 2016
12.7 and
months
was
at a mid
compared
with 2017
March
months
2015. was at a mid level compared with March of 2016 and
2015.
50
0
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
250
was Total
203, Inventory
up 10.3% of from
184 last
month for
and sale
down
1.0%
from
The
Properties
available
as of
March
205 203,
in March
of last
March
2017
Inventory
was
at a mid 250
was
up 10.3%
from year.
184 last
month
and
down 1.0%
from
200
205
in compared
March of last
year.
March
2017 and
Inventory
level
with
March
of 2016
2015. was at a mid
150
100
50
0
.
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
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
118 | c
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
700
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.