FL ARCHIVED March 2017 | Page 134

Market Action Report
City: Wellington
Wellington
Agent Name
Title
Phone
Agent
Name
Website
Title Other
March 2017
Community Information | School District
Trending versus*:
L3M PYM
LY
$549,000
4%
11%
Other
$1,655,315 Trending
3% versus*:
13%
Month
LM -4%
L3M 2%
PYM 12%
LY
$370,000
$549,000
4% 58% 26%
11% 18%
$662,460
$1,655,315 728
3% 1% 13% -12%
$370,000 105
-4% 17%
2% 12% -9%
1%
$662,460 58%
26%
18%
11%
99 18% 10% 2%
728 1%
-12%
$355 20% 12% 36%
105 17%
-9%
$198 18% 0% 1%
99 18% 10% 2% 2%
6.9 -13% -14% -3%
$355 20% 12% 36% 44%
93.3% .8% .2% -.4%
3 Mo Avg
Prices
14
The Median Sales Price in March was $370,000, up 12.3% from
1,000
Prices
$329,500 in March of 2016 and down 3.8% from $384,500 last
The
Median
Sales
Price Sales
in March
was
12.3% from
month.
The
Average
Price
in $370,000,
March was up
$662,460,
up
1,000 900
$329,500
in March
of 2016
and down
3.8% and
from
last
17.7% from
$562,922
in March
of 2016
up $384,500
58.2% from
month.
The last
Average
Sales
Price 2017
in March
up level 900 800
$418,653
month.
March
ASP was
was $662,460,
at the highest
17.7%
from $562,922
of 2016
and up 58.2% from
compared
to March in
of March
2016 and
2015.
800 700
15
16
85
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
$418,653 last month. March 2017 ASP was at the highest level
compared to March of 2016 and 2015.
0
20
20
40
40
60
60
80 80
100 120
2015. March YTD sales of 270 are running 1.1% ahead of last
year's year-to-date sales of 267.
Number of Properties Sold
180
March Property sales were 105, down 9.5% from 116 in March of
160
2016 and 16.7% higher than the 90 sales last month. March
Property
2017 sales Sales
were at a mid level compared to March of 2016 and 180 140
March
sales sales
were of
105,
down
9.5% from
116 ahead
in March
of
2015. Property
March YTD
270
are running
1.1%
of last
160 120
2016
and
16.7% higher
than of the
90 sales last month. March
year's
year-to-date
sales
267.
2017 sales were at a mid level compared to March of 2016 and
140 100
3 Mo Avg
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
March Month's Supply of Inventory
-6%
29%
1%
11%
-0%
$198 18% 0% 1% -3%
$206
13%
1%
6.9 -13% -14% -3% -5%
8.1 -13%
11%
of 93.1%
Properties
93.3% .8% .2% -.4% Number
-.3%
-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
1% 0%
-1% -4%
26%
13%
-6%
-13%
29%
-0%
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sold Price per Square Foot
March Average Days on Market (Solds)
March Number of Properties Sold
44%
-3%
-5%
-.3%
Asking Price per Square Foot (based on New Listings)
6%
270
9%
91
$318
270
1%
$206
91
-1%
8.1
$318
26%
93.1%
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$367,500
2% $570,010
March Average Sales Price
March
Sales
Price
March Median
Number
of Properties
Sold
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD 6%
Prior Year 0%
1% YTD
$367,500
11%
$570,010
9%
-4%
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
131
Average List Price of all Current Listings
Trending versus*:
Prior YTD Prior Year
YTD
LM
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Price Range: All | Properties: SFH - Con
Market Action Report
City: Wellington
March 2017
17
Median Sales Price and Average Sales Price
3 Mo Avg
700 600
600 500
500 400
400 300
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
800
lowest level compared with March of 2016 and 2015.
600
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
14.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
1,000
was Total
728, Inventory
up 1.4% from
718 last available
month and
from
The
of Properties
for down
sale as 12.0%
of March
1,000
827 728,
in March
of from
last year.
March
2017
was
at its
was
up 1.4%
718 last
month
and Inventory
down 12.0%
from
800
827
in March
last year. with
March
2017 of Inventory
at its
lowest
level of
compared
March
2016 and was
2015.
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The March 2017 MSI of 6.9
200
higher
MSI
is better
for buyers.
March 2017
MSI of 6.9
months
was
at its lowest
level The
compared
with March
of 2016 and 200
months
was
at
its
lowest
level
compared
with
March
of
2016
and
0
2015.
0
2015.
10.0
10.0
8.0
6.0
4.0
2.0
0.0
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
.
12.0
12.0
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
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
134 | c
14.0
300
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.