Facts and Trends TM

Published March 2021*

Location:   Area 5300
Price Range:   $200,000 - No Limit
SQFT Range:   1600 - No Limit
Property Types:   Residential - Single Family Homes and Condo/Coop/Villa/Twnhse Combined - 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 vs. Pended (Dec. 2019 - Feb. 2021)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Feb. 21Jan. 21% ChangeFeb. 21Feb. 20% ChangeDec. 20 to Feb. 21Dec. 19 to Feb. 20% Change
For Sale3545-22.2% 3571-50.7% 3571-50.7%
Sold1113-15.4% 11922.2% 382552%
Pended1213-7.7% 12119.1% 442763%

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
3/1/21 - 3/12/212/1/21 - 2/12/21% Change3/1/21 - 3/12/213/1/20 - 3/12/20% Change1/1/21 - 3/12/211/1/20 - 3/12/20% Change
For Sale2837-24.3% 2862-54.8% 2862-54.8%
Sold10666.7% 104150% 342254.5%
Pended5425% 57-28.6% 332913.8%


February 2021 is a Neutral market**
Home For Sale in February 2021 is 35 units. It is down 22.2% compared to last month and down 50.7% compared to last year.
Home Closed in February 2021 is 11 units. It is down 15.4% compared to last month and up 22.2% compared to last year.
Home Placed under Contract in February 2021 is 12 units. It is down 7.7% compared to last month and up 9.1% 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) (Dec. 2019 - Feb. 2021)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Feb. 21Jan. 21% ChangeFeb. 21Feb. 20% ChangeDec. 20 to Feb. 21Dec. 19 to Feb. 20% Change
Avg. Sq. Ft. Price (Sold)2332139.4% 23321011% 212.89196.248.5%

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
3/1/21 - 3/12/212/1/21 - 2/12/21% Change3/1/21 - 3/12/213/1/20 - 3/12/20% Change1/1/21 - 3/12/211/1/20 - 3/12/20% Change
Avg. Sq. Ft. Price (Sold)235249-5.6% 23520116.9% 22619615.3%


February 2021 Average Sold Price per Square Footage is Neutral**
Average Sold Price per Square Footage in February 2021 is $233. It is up 9.4% compared to last month and up 11% compared to last year.

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


Avg Days On Market & SP/Orig LP % (Dec. 2019 - Feb. 2021)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Feb. 21Jan. 21% ChangeFeb. 21Feb. 20% ChangeDec. 20 to Feb. 21Dec. 19 to Feb. 20% Change
Avg Days on Market142173-17.9% 142187-24.1% 13411318.6%
Sold/Orig LP Diff. %8691-5.5% 8687-1.1% 90891.1%

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
3/1/21 - 3/12/212/1/21 - 2/12/21% Change3/1/21 - 3/12/213/1/20 - 3/12/20% Change1/1/21 - 3/12/211/1/20 - 3/12/20% Change
Avg Days on Market4457-22.8% 4450-12% 1251231.6%
Sold/Orig LP Diff. %92911.1% 9296-4.2% 90891.1%


February 2021 Average Days on Market trend Remains Steady**
Average Days on Market in February 2021 is 142. It is down 17.9% compared to last month and down 24.1% compared to last year.

February 2021 Sold/Original List Price Ratio Remains Steady**
Sold/Original List Price % in February 2021 is 86%. It is down 5.5% compared to last month and down 1.1% compared to last year.

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


Average Price of For Sale and Sold (Dec. 2019 - Feb. 2021)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago
Feb. 21Jan. 21% ChangeFeb. 21Feb. 20% ChangeDec. 20 to Feb. 21Dec. 19 to Feb. 20% Change
Avg. Active Price713733-2.7% 7137110.3% 7697167.4%
Avg. Sold Price73263714.9% 73260022% 61051418.7%

TODAY’S STATS
Current vs. Prev MTDCurrent vs. Same MTD 1 Yr AgoCurrent vs. Prev YTD
3/1/21 - 3/12/212/1/21 - 2/12/21% Change3/1/21 - 3/12/213/1/20 - 3/12/20% Change1/1/21 - 3/12/211/1/20 - 3/12/20% Change
Avg. Active Price696789-11.8% 696720-3.3% 696720-3.3%
Avg. Sold Price7557560.1% 75548356.3% 70352134.9%


February 2021 Average For Sale Price is Depreciating**
Average For Sale Price (in thousand) in February 2021 is $713. It is down 2.7% compared to last month and up 0.3% compared to last year.

February 2021 Average Sold Price is Appreciating**
Average Sold Price (in thousand) in February 2021 is $732. It is up 14.9% compared to last month and up 22% compared to last year.

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


Date12/191/202/203/204/205/206/207/208/209/2010/2011/2012/201/212/21
For Sale777771626169586364636055494535
New Listing1124121151112211315191416156
Sold79910571314661415141311
Pended511119171558102414191312
Months of Inventory (Closed Sales)118.67.96.212.29.94.54.510.710.54.33.73.53.53.2
Months of Inventory (Pended Sales)15.476.56.9619.93.912.686.32.53.92.63.52.9
Absorption Rate (Closed Sales) %9.111.712.716.18.210.122.422.29.49.523.327.328.628.931.4
Absorption Rate (Pended Sales) %6.514.315.514.51.610.125.97.912.515.94025.538.828.934.3
Avg. Active Price728709711720720677679656658690769884841733713
Avg. Sold Price474459600449575744589771320751530619490637732
Avg. Sq. Ft. Price (Sold)202178210176231238217250146249208226197213233
Sold/List Diff. %959295939293919391939690949495
Sold/Orig LP Diff. %948887889289868984829288929186
Avg Days on Market45911871093410613690841137210791173142
Median Active Price535509499499499499499499499499499549549470446
Median Sold Price452385499433375525435575322355545485465428651

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*All reports are published March 2021, based on data available at the end of February 2021, except for the today’s 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.