Market Action Report March 2017
Community Information | School District
Market Action Report March 2017
City : Hollywood
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 |
$ 335,000 |
5 % |
|
25 % |
|
|
|
|
Average List Price of all Current Listings |
$ 595,054 |
4 % |
|
17 % |
|
|
|
|
March Median Sales Price |
$ 250,000 |
-1% |
0 % |
14 % |
10 % |
$ 250,000 |
22 % |
10 % |
March Average Sales Price |
$ 302,128 |
-9% |
-1% |
18 % |
10 % |
$ 311,072 |
16 % |
13 % |
Total Properties Currently for Sale ( Inventory ) |
1,314 |
-4% |
|
-10% |
|
|
|
|
March Number of Properties Sold |
166 |
14 % |
|
-17% |
|
436 |
-17% |
|
March Average Days on Market ( Solds ) |
68 -24% -18% -13% -20% |
81 |
1 % |
-5% |
Asking Price per Square Foot ( based on New Listings ) |
$ 247 |
1 % |
3 % |
6 % |
3 % |
$ 243 |
4 % |
2 % |
March Sold Price per Square Foot |
$ 192 |
-8% |
-4% |
7 % |
5 % |
$ 201 |
12 % |
9 % |
March Month ' s Supply of Inventory |
7.9 -16% -15% |
7 % |
10 % |
9.3 |
12 % |
30 % |
March Sale Price vs List Price Ratio |
95.0 %
2.0 %
|
. 9 % |
. 3 % |
. 5 % |
94.1 % |
-0% |
-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 166 , down 16.6 % from 199 in March |
of 2016 and 13.7 % higher than the 146 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 166 , of down 43616.6 are % running from 199 16.6 in % March behind |
|
|
|
of last 2016 year and ' s year-to-date 13.7 % higher than sales the of 523 146 . sales last month . March
2017 sales were at their lowest level compared to March of 2016
|
200 |
150 |
and 2015 . March YTD sales of 436 are running 16.6 % behind |
|
|
last year ' s year-to-date sales of 523 . |
150 |
100 |
Agent Name
Hollywood 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
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 250,000 , up 13.6 % from
350
Prices $ 220,000 in March of 2016 and down 0.7 % from $ 251,750 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 250,000 was , up $ 302,128 13.6 % from , up
330
350 $ 18.3 220,000 % from in March $ 255,326 of 2016 in March and down of 2016 0.7 % and from down $ 251,750 8.6 % last from 310 month . The Average Sales Price in March $ 302,128 , up
330
$ 330,593 last month . March 2017 ASP was at a mid range 290 18.3 % from $ 255,326 in March of 2016 and down 8.6 % from 310 compared to March of 2016 and 2015 .
270
$ 330,593 last month . March 2017 ASP was at a mid range 290 250 compared to March of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,314 Inventory , down 4.1 of % Properties from 1,370 available last month for sale and as down of March 10.5 % 1,600
12.0 was from 1,314 1,468 , down in March 4.1 % from of last 1,370 year last . March month 2017 and down Inventory 10.5 % was at 1,6001,400 12.0
10.0 from its lowest 1,468 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at 1,4001,200
10.0 its lowest level compared with March of 2016 and 2015 . 1,2001,000
8.0
1,000 8.0
800 6.0
800 600
6.0
A comparatively lower MSI is more beneficial for sellers while a 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 4.0 higher MSI is better for buyers . The March 2017 MSI of 7.9 400 higher MSI is better for buyers . The March 2017 MSI of 7.9
400 months was at its highest level compared with March of 2016 200
2.0
2.0 months was at its highest level compared with March of 2016 200 and 2015 .
0 0.0 and 2015 . 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
M J F M A M J
F M A M J F M
14 15
16 17
204 201 217 209 196 171 199 174 196 138 186 216 235 208 233 222 214 212 204 190 197 165 159 199 214 235 216 214 221 197 138 186 193 124 146 166
1,491 1,500 1,460 1,451 1,415 1,434 1,498 1,494 1,430 1,460 1,421 1,436 1,352 1,272 1,269 1,286
A
14
204 201 217 209 196 171 199 174
J A S O N D J
15
196 138 186 216 235
1,491 1,500 1,460 1,451 1,415 1,434 1,498 1,494 1,430 1,460 1,421 1,436
1,352
208 233 222 214 212
1,243 1,230 1,257 1,254 1,264
1,390 204
J A S O N D J 16
190
1,272 1,269 1,286 1,243 1,230 1,257 1,254 1,264 197 165 159 199
1,459 1,468 1,486 1,485 1,411 1,384
214 235 216 214 221
1,390 1,459 1,468 1,486 1,485 1,411 1,384 1,352 1,301
1,352 1,301 1,264 1,272 1,260 1,333 1,370 1,314
J A S O N D J
17
197 138 186 193 124
1,264 1,272 1,260 1,333 1,370 1,314 146 166
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
94 | 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 .