FL ARCHIVED March 2017 | Page 90

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

City : Coral Springs

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
$ 379,000
5 %
18 %
Average List Price of all Current Listings
$ 379,221
1 %
18 %
March Median Sales Price
$ 335,250
4 %
3 %
6 %
3 %
$ 325,500
14 %
0 %
March Average Sales Price
$ 307,924
-1%
3 %
7 %
2 %
$ 303,463
12 %
1 %
Total Properties Currently for Sale ( Inventory )
409
-1%
-50%
March Number of Properties Sold
146
14 %
-14%
369
-17%
March Average Days on Market ( Solds )
56 -19% -13% -29% -27%
63
-18%
-18%
Asking Price per Square Foot ( based on New Listings )
$ 165
1 %
3 %
11 %
9 %
$ 162
10 %
7 %
March Sold Price per Square Foot
$ 151
0 %
2 %
10 %
5 %
$ 149
11 %
4 %
March Month ' s Supply of Inventory
2.8 -13% -20% -42% -25%
3.5
-34%
-6%
March Sale Price vs List Price Ratio
96.4 %
-. 3 % -. 1 %
. 3 %
-. 1 %
96.7 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
250
March Property sales were 146 , down 14.1 % from 170 in March
of 2016 and 14.1 % higher than the 128 sales last month . March
Property
2017 sales Sales were at their lowest level compared to March of 2016
250
200
March and 2015 Property . March sales YTD were sales 146 , of down 36914.1 are % running from 170 17.1 in % March behind
of last 2016 year and ' s year-to-date 14.1 % higher than sales the of 445 128 . sales last month . March
2017 sales were at their lowest level compared to March of 2016
200
150
and 2015 . March YTD sales of 369 are running 17.1 % behind
last year ' s year-to-date sales of 445 .
150
100
Agent Name

Coral Springs Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
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
Prices
The Median Sales Price in March was $ 335,250 , up 6.4 % from
A
M J
14
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
Prices
$ 315,000 in March of 2016 and up 4.0 % from $ 322,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 335,250 was , up $ 6.4 307,924 % from , up
$
7.3 315,000 % from in $ March 286,960 of 2016 in March and up of 4.0 2016 % from and down $ 322,500 0.8 % last from
390
390
370
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 310,478 . The last Average month Sales . March Price 2017 in March ASP was $ at 307,924 the highest , up level
7.3 % from $ 286,960 in March of 2016 and down 0.8 % from
370 compared to March of 2016 and 2015 .
$ 310,478 last month . March 2017 ASP was at the highest level
350
350
330
compared to March of 2016 and 2015 .
330
310
310 290
290 270
143 164 181 174 161 146 188 133 171 121
143 164 181 174 161 146 188 133 171 121 131 163 183 165 197 191 192 172 166 134 202 131 144 170 194 216 229 202 218 215 169 149 155 95 128 146
270
250
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 409 , Inventory down 1.2 of % Properties from 414 last available month for and sale down as of 50.2 March % from
1,200 was 822409 in , March down 1.2 of % last from year 414 . March last month 2017 and Inventory down 50.2 was % at from its
1,200
1,000
822 lowest in March level compared of last year . with March March 2017 of Inventory 2016 and was 2015 at . its lowest level compared with March of 2016 and 2015 .
1,000
800
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
7.0
9.0
8.0
7.0
6.0
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The March 2017 MSI of 2.8 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 2.8 of 2016 and
200 months
2015 . was at its lowest level compared with March of 2016 and
2015 .
0
800
6.0
5.0
400
4.0
3.0
200
2.0
1.0
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
600
5.0
4.0
3.0
2.0
1.0
0.0
876 914 958 1,026 1,000 979 937 937 907
876 914 958 1,026 1,000 979 937 937 907 934 864 857 823 131 163 183 165 197 191 192 172 166
934 864 857 823 816 844 834 781 757 772
134
816 844 834 781 757 772 703 662 717 793 822
202
836
703 662 717 131 144
793 822
170
791 781 781
194 680
216 546
229
836 791 781 781
202 680
218
546 215 169
436 425 411 423 414 409 149 155
436 425 411 423
95 128
414 409
146
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90 | c o l d w e l l b a n k e r h o m e s . c o m
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