FL ARCHIVED March 2017 | Page 178

Market Action Report March 2017
Community Information | School District
Market Action Report March 2017

City : Heathrow

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 265,000
-23%
-25%
Average List Price of all Current Listings
$ 395,227
-13%
-14%
March Median Sales Price
$ 620,444
39 %
42 %
56 %
56 %
$ 445,000
12 %
12 %
March Average Sales Price
$ 629,597
41 %
23 %
8 %
46 %
$ 562,055
26 %
30 %
Total Properties Currently for Sale ( Inventory )
7 -22%
-59%
March Number of Properties Sold
4
300 %
-20%
7
-50%
March Average Days on Market ( Solds )
4 300 % -92% -98% -96%
5
-96%
-95%
Asking Price per Square Foot ( based on New Listings )
$ 190
19 %
3 %
12 %
11 %
$ 184
11 %
8 %
March Sold Price per Square Foot
$ 185
11 %
7 %
7 %
15 %
$ 181
14 %
12 %
March Month ' s Supply of Inventory
1.8 -81% -66% -49% -65%
5.1
22 %
3 %
March Sale Price vs List Price Ratio
98.4 %
-. 5 % 2.6 % 6.1 % 6.5 %
98.1 %
8 %
6 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales March Property sales were 4 , down 20.0 % from 5 in March of
2016 and 300.0 % higher than the 1 sales last month . March Property 2017 sales Sales were at their lowest level compared to March of 2016 12
March and 2015 Property . March sales YTD were sales 4 , down of 7 are 20.0 running % from 550.0 in March % behind of last 2016 year and ' s year-to-date 300.0 % higher sales than of 14 the . 1 sales last month . March
10
2017 sales were at their lowest level compared to March of 2016 and 2015 . March YTD sales of 7 are running 50.0 % behind last
8 year ' s year-to-date sales of 14 .

Heathrow

Agent Name
Title Phone Website Other

Community Information | School District

6
12
10
8
6
4
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
4 2
2
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
0
14
15
16
17
A
M J
Prices
14
The Median Sales Price in March was $ 620,444 , up 55.9 % from
700
Prices
$ 398,000 in March of 2016 and up 39.4 % from $ 445,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 620,444 was , up $ 629,597 55.9 % from , up
650
700
$
8.3 398,000 % from in $ March 581,600 of 2016 in March and up of 39.4 2016 % and from up $ 445,000 41.5 % from last
600 month . The Average Sales Price in March was $ 629,597 , up
650
$ 445,000 last month . March 2017 ASP was at the highest level
550
8.3 % from $ 581,600 in March of 2016 and up 41.5 % from
600 compared to March of 2016 and 2015 .
500
$ 445,000 last month . March 2017 ASP was at the highest level
550
450 compared to March of 2016 and 2015 .
500
400
450
350
400
300
350
250
300
250
200
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 7 , down Inventory 22.2 % of from Properties 9 last month available and for down sale as 58.8 of March % from 17 was in March 7 , down of 22.2 last % year from . March 9 last month 2017 Inventory and down 58.8 was % at from its lowest 17 30 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest 25 level compared with March of 2016 and 2015 . 20
15 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 10 higher MSI is better for buyers . The March 2017 MSI of 1.8 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 1.8 of 2016 and 5
months 2015 . was at its lowest level compared with March of 2016 and
2015 .
0
6 7 10
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
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
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25
30.0
25.0
20
25.0
20.0
15
20.0
15.0
15.0
10
10.0
10.0
5
5.0
5.0
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
15
16
17
0.0
9
7 6 9 11
7 15 7
10 18 11
6 20 15
6
22 18
4
24 20
17 4
22
20 1
24
16 1
17 20
22 3 24
16 2 26
7 24
4
22 25
25 26
2
26 25
4
25 25 24
3 26 22
8 25
4 24
19 19
4 22 21
8 19
4 19
17 17
6 6 4 4 1 1 3 2 7 4 2 4 3 8 4 4 8 4 5 4 5
5 10 21
4 17
18 18
5 17 16
10 18
11 11
2 18
13 6
16 11
2
11 11
7 4
13 3
11
9 9
2 7
7 1
9 6
2 6 2 4 3 2 1 6 2 1 4
9 2
7 1 4
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
178 | c o l d w e l l b a n k e r h o m e s . c o m
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .