Doug...

Please add May newletter to archive on on websites, trendgraphix and Solds and let me know when done.

Thx

Laura


Facts and Trends TM

Published June 2019*

Location:   Area 5300
Price Range:   $200,000 - No Limit
SQFT Range:   1600 - No Limit
Property Types:   Single Family Homes - All Properties - All Properties - All Properties
Bedrooms:   0 - No Limit
Full Baths:   0 - No Limit
Half Baths:   0 - No Limit
Year Built:   0 - No Limit


Prepared for you by: Laura Cole & Tana Gaskill


Number of Homes For Sale vs. Sold (Mar. 2018 - May. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
May. 19Apr. 19% ChangeMay. 19May. 18% ChangeMar. 19 to May. 19Mar. 18 to May. 18% Change6/1/2019 - 6/8/20195/1/2019 - 5/8/2019% Change
For Sale6575-13.3% 6566-1.5% 6566-1.5% 5468-20.6%
Sold411-63.6% 416-75% 2738-28.9% 110%    


May 2019 is a Buyer's market**
Home For Sale in May 2019 is 65 units. It is down 13.3% compared to last month and down 1.5% compared to last year.
Home Closed in May 2019 is 4 units. It is down 63.6% compared to last month and down 75% compared to last year.

**Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.


Average Price per SQFT (Sold) (Mar. 2018 - May. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
May. 19Apr. 19% ChangeMay. 19May. 18% ChangeMar. 19 to May. 19Mar. 18 to May. 18% Change6/1/2019 - 6/8/20195/1/2019 - 5/8/2019% Change
Avg. Sq. Ft. Price (Sold)23921511.2% 23919125.1% 209.67220.42-4.9% 29117368.2%


May 2019 Average Sold Price per Square Footage is Appreciating**
Average Sold Price per Square Footage in May 2019 is $239. It is up 11.2% compared to last month and up 25.1% compared to last year.

**Based on 6 month trend - Appreciating/Depreciating/Neutral.


Avg Days On Market & SP/Orig LP % (Mar. 2018 - May. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
May. 19Apr. 19% ChangeMay. 19May. 18% ChangeMar. 19 to May. 19Mar. 18 to May. 18% Change6/1/2019 - 6/8/20195/1/2019 - 5/8/2019% Change
Avg Days on Market1271196.7% 127136-6.6% 1299437.2% 571-93%
Sold/Orig LP Diff. %8083-3.6% 8085-5.9% 8389-6.7% 978612.8%


May 2019 Average Days on Market trend Remains Steady**
Average Days on Market in May 2019 is 127. It is up 6.7% compared to last month and down 6.6% compared to last year.

May 2019 Sold/Original List Price Ratio is Falling**
Sold/Original List Price % in May 2019 is 80%. It is down 3.6% compared to last month and down 5.9% compared to last year.

**Based on 6 month trend - Rising/Falling/Remains Steady.


Average Price of For Sale and Sold (Mar. 2018 - May. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
May. 19Apr. 19% ChangeMay. 19May. 18% ChangeMar. 19 to May. 19Mar. 18 to May. 18% Change6/1/2019 - 6/8/20195/1/2019 - 5/8/2019% Change
Avg. Active Price8488163.9% 8488193.5% 8167982.3% 8708018.6%
Avg. Sold Price81364925.3% 81356743.4% 6766523.7% 775385101.3%


May 2019 Average For Sale Price is Neutral**
Average For Sale Price (in thousand) in May 2019 is $848. It is up 3.9% compared to last month and up 3.5% compared to last year.

May 2019 Average Sold Price is Appreciating**
Average Sold Price (in thousand) in May 2019 is $813. It is up 25.3% compared to last month and up 43.4% compared to last year.

**Based on 6 month trend - Appreciating/Depreciating/Neutral.


Months of Inventory Based on Closed Sales (Mar. 2018 - May. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
May. 19Apr. 19% ChangeMay. 19May. 18% ChangeMar. 19 to May. 19Mar. 18 to May. 18% Change6/1/2019 - 6/8/20195/1/2019 - 5/8/2019% Change
Months of Inventory (Closed Sales)16.36.8139.3% 16.34.1295.8% 9.86.160.9% 5468-20.6%


May 2019 is a Buyer's market**
Months of Inventory based on Closed Sales in May 2019 is 16.3. It is up 139.3% compared to last month and up 295.8% compared to last year.

**Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.


Date3/184/185/186/187/188/189/1810/1811/1812/181/192/193/194/195/19
For Sale676866584546576361768175767565
New Listing111014391323141414211222127
Sold7151643947468612114
Pended12597375587711796
Months of Inventory (Closed Sales)9.64.54.114.5155.114.3915.312.710.112.56.36.816.3
Months of Inventory (Pended Sales)5.613.67.38.3156.611.412.67.610.911.66.810.98.310.8
Absorption Rate (Closed Sales) %10.422.124.26.96.719.6711.16.67.99.9815.814.76.2
Absorption Rate (Pended Sales) %17.97.413.612.16.715.28.87.913.19.28.614.79.2129.2
Avg. Active Price799776819828854842891880950869809816788816848
Avg. Sold Price747698567485480697583739707459566971655649813
Avg. Sq. Ft. Price (Sold)250238191176190218221260231179206236195215239
Sold/List Diff. %949492919096878994939485899187
Sold/Orig LP Diff. %939285828494878594859183838380
Avg Days on Market68621361211467298221114977105138119127
Median Sold Price447650505493431485520550585430549676520550820

If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published June 2019, based on data available at the end of May 2019, except for the today stats. This representation is based in whole or in part on data supplied by Realtor Association of The Palm Beaches, Jupiter, Tequesta, Hobe Sound Association of Realtors, and St. Lucie Association of Realtors. Neither the Board nor its MLS guarantees or Neither the Boards nor its MLS guarantees or is in any way responsibles for its accuracy. Data maintained by the Board or its MLSs may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.