FL ARCHIVED March 2017 | Page 128

Market Action Report March 2017 Jupiter/Jupiter Beach Market Action Report City: Jupiter 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 $569,950 -0% 4% Other $1,143,873 Trending 7% 12% versus*: Month LM 21% L3M 9% PYM 12% LY $427,000 $569,950 -0% 38% 10% 4% 5% $604,112 $1,143,873 768 7% -2% 12% -10% $427,000 152 21% 63% 9% 12% -6% 10% $604,112 38% 10% 5% 13% 86 0% -3% -8% 768 -2% -10% $279 4% 1% 4% 152 63% -6% $251 15% 4% 1% 86 0% -3% -8% -4% 5.1 -40% -30% -5% $279 4% 1% 4% 5% 93.2% -1.0% -.4% .6% 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 Currently of all Current Total Properties 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 $549,891 4% 343 -3% 87 5% $275 343 -6% 8% $240 87 -5% -10% 7.2 $275 3% -.2% 93.7% -3% -3% 3% -6% -3% -5% 3% 3% 3% -3% 0% 3% 1% -3% 3% 3% 29% 0% $251 15% 4% 1% 8% $240 3% 3% 5.1 -40% -30% -5% -10% 7.2 0% 29% of 93.7% Properties 93.2% -1.0% -.4% .6% Number -.2% 1% Sold 0% March Month's Supply of Inventory March Sale Price vs List Price Ratio * LM=Last Month / L3M=Last Property Sales 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date 250 March Property sales were 152, down 5.6% from 161 in March of 2016 and 63.4% higher than the 93 sales last month. March Property 2017 sales Sales were at their lowest level compared to March of 2016 250 200 March Property sales were 152, of down from 161 6.3% in March of last and 2015. March YTD sales 343 5.6% are running behind 2016 and 63.4% higher than 93 sales last month. March year's year-to-date sales of the 366. 2017 sales were at their lowest level compared to March of 2016 200 150 3 Mo Avg Number of Properties Sold 3 Mo Avg 205 14 15 700 16 Median Sales Price and Average Sales Price 650 115 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 J J A S O N D J F M A M J J A S O N D J F M Sales Price and Average Sales Price 3 Mo Avg Prices The Median Sales Price in March was $427,000, up 12.4% from $380,000 in March of 2016 and up 21.0% from $353,000 last Prices The Median Sales Price Sales in March was 12.4% from month. The Average Price in $427,000, March was up $604,112, up 700 $380,000 in $575,308 March of 2016 and up 21.0% and from last 5.0% from in March of 2016 up $353,000 37.6% from month. The last Average Sales Price 2017 in March up level 650 $439,191 month. March ASP was $604,112, at the highest 5.0% from $575,308 of 2016 and up 37.6% from compared to March in of March 2016 and 2015. 600 0 50 50 100 150 100 0 $439,191 last month. March 2017 ASP was at the highest level compared to March of 2016 and 2015. Trending versus*: YTD Prior YTD 4% Prior Year $376,000 $376,000 -4% $549,891 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-dat e and 2015. March YTD sales of 343 are running 6.3% behind last year's year-to-date sales of 366. Trending versus*: Prior YTD Prior Year YTD 10% 13% City: Jupiter Agent Name 17 3 Mo Avg 600 550 550 500 500 450 450 400 400 350 350 300 Inventory & MSI 800 600 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 10.0 The Total Inventory Inventory & MSI of Properties available for sale as of March 1,000 was Total 768, Inventory down 1.5% 780 last month for and down The of from Properties available sale as of 10.3% March from 1,000 856 768, in March of last year. 2017 and Inventory was at from its was down 1.5% from 780 March last month down 10.3% 800 lowest level compared March 2016 and was 2015. 856 in March of last year. with March 2017 of Inventory at its lowest level compared with March 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 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 17 14 15 16 17 600 400 10.0 8.0 300 A comparatively lower MSI is more beneficial for sellers while a 400 A higher comparatively lower for MSI buyers. is more The beneficial sellers a MSI is better March for 2017 MSI while of 5.1 200 higher MSI is better for buyers. March with 2017 March MSI of of 5.1 2016 and 200 months was at its lowest level The compared months was at its lowest level compared with March of 2016 and 0 2015. 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 6.0 4.0 2.0 0.0 8.0 6.0 4.0 2.0 0.0 J F M 17 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 128 | c . Data is is provided provided courtesy of d Greater Miami Association of REALTORS, Florida MLS, Regional MLS, Naples Board of REALTORS, 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 courtesy County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Board Area of REALTORS, REALTORS REALTORS Association of Association the Palm Beaches, Space Coast Association of REAL does not not warrant warrant guarantee accuracy of this information. It is responsibility the responsibility any or buyer verify and all information relevant to such consumer’s estate transaction. does or or guarantee the the accuracy of this information. It is the of any of buyer seller or to seller verify to any and any all information relevant to such consumer’s real estate real transaction.