FL ARCHIVED March 2017 | Page 122

Market Action Report
City: Boca Raton
Boca Raton
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
Trending versus*:
Prior YTD Prior Year
YTD
$449,999
3%
13%
Other
$948,894 Trending
2% versus*:
15%
Trending versus*:
Month
LM -1%
L3M 1%
PYM 9%
LY
Prior YTD 9%
Prior Year
$307,500
0% YTD
$311,250
$449,999
3% -10% 3%
13% 18% 7%
$489,911
$494,338
5%
$948,894 2,667
2% -3% 15% -19%
$307,500 456
-1% 28%
1% 9% 10%
0%
$311,250 1,140
9%
5% 2%
$489,911 -10%
3%
18%
7%
$494,338
5%
97 0% 2% 10% 1%
97
4% 8%
2,667 -3%
-19%
$225 -8% -3% -2% 0%
$237
6%
456 28%
10%
1,140
5%
$198 -5% 0% 2% 2%
$200
6%
97 0% 2% 10% 1%
97
4%
1%
5.8 -24% -20% -26% -20%
7.3 -18%
$225 -8% -3% -2% 0%
$237
6%
5%
91.3% .2% -.4% -.7% -.8%
91.5%
-0%
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
2%
8%
1%
5%
4%
0%
-1%
$198 -5% 0% 2% 2%
$200
6%
4%
5.8 -24% -20% -26% -20%
7.3 -18%
0%
of 91.5%
Properties
91.3% .2% -.4% -.7% Number
-.8%
-0% Sold -1%
* 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
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
700
March Property sales were 456, up 9.9% from 415 in March of
2016 and 28.5% higher than the 355 sales last month. March
600
Property
2017 sales Sales
were at a mid level compared to March of 2016 and 700
March
sales sales
were of
456,
up 9.9%
from 415
in March
500
2015. Property
March YTD
1,140
are running
5.4%
ahead of of last
2016
and
28.5% higher
than
355 sales last month. March
600
year's
year-to-date
sales
of the
1,082.
400
2017 sales were at a mid level compared to March of 2016 and
Prices
$545,501 last month. March 2017 ASP was at the highest level
compared to March of 2016 and 2015.
581
14
600
15
16
Median Sales Price and Average Sales Price
550
311
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
The Median Sales Price in March was $307,500, up 8.8% from
Prices
$282,500 in March of 2016 and down 0.8% from $310,000 last
The
Median
Sales
Price Sales
in March
was
8.8% from
month.
The
Average
Price
in $307,500,
March was up $489,911,
up
600
$282,500
in March
of 2016
and down
0.8%
from
$310,000
17.6% from
$416,490
in March
of 2016
and
down
10.2% last
from
month.
The last
Average
Sales
Price 2017
in March
up level 550
$545,501
month.
March
ASP was
was $489,911,
at the highest
17.6%
from $416,490
of 2016
and down 10.2% from
compared
to March in
of March
2016 and
2015.
0
100
100
200
200
300
3 Mo Avg
300
400
500
Number of Properties Sold
2015. March YTD sales of 1,140 are running 5.4% ahead of last
year's year-to-date sales of 1,082.
3 Mo Avg
Market Action Report
City: Boca Raton
March 2017
17
3 Mo Avg
500
500 450
450 400
400 350
350 300
300 250
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
250
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
2,500
2,000
2,000
12.0
its lowest level compared with March of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
A comparatively lower MSI is more beneficial for sellers while 1,500
a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a 1,000
MSI is better
for buyers.
March for
2017
MSI
of 5.8
higher
MSI
is better
for buyers.
March 2017
MSI of 5.8
months
was
at its lowest
level The
compared
with March
of 2016 and 500 500
months
0
2015. was at its lowest level compared with March of 2016 and
0
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
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
122 | c
.
12.0
10.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
3,500
was Total
2,667,
down 2.6%
from 2,739
last month
and
18.7%
The
Inventory
of Properties
available
for sale
as down
of March
3,500 3,000
from
3,280
in March
of last
year.
Inventory
was
2,667,
down
2.6% from
2,739
last March
month 2017
and down
18.7% was at
from
3,280 level
in March
of last year.
March of
2017
Inventory
was at
its lowest
compared
with March
2016
and 2015.
3,000 2,500
8.0
6.0
4.0
2.0
0.0
10.0
8.0
6.0
4.0
2.0
0.0
J F M
17
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.