thanks

Laura


Facts and Trends TM

Published April 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 vs. Pended (Jan. 2018 - Mar. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Mar. 19Feb. 19% ChangeMar. 19Mar. 18% ChangeJan. 19 to Mar. 19Jan. 18 to Mar. 18% Change4/1/2019 - 4/8/20193/1/2019 - 3/8/2019% Change
For Sale76751.3% 766713.4% 766713.4% 77752.7%
Sold124200% 12771.4% 241833.3% 52150%
Pended811-27.3% 812-33.3% 2635-25.7% 03-100%


March 2019 is a Buyer's market**
Home For Sale in March 2019 is 76 units. It is up 1.3% compared to last month and up 13.4% compared to last year.
Home Closed in March 2019 is 12 units. It is up 200% compared to last month and up 71.4% compared to last year.
Home Placed under Contract in March 2019 is 8 units. It is down 27.3% compared to last month and down 33.3% 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) (Jan. 2018 - Mar. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Mar. 19Feb. 19% ChangeMar. 19Mar. 18% ChangeJan. 19 to Mar. 19Jan. 18 to Mar. 18% Change4/1/2019 - 4/8/20193/1/2019 - 3/8/2019% Change
Avg. Sq. Ft. Price (Sold)195247-21.1% 195250-22% 207.33217.89-4.8% 23318228%


March 2019 Average Sold Price per Square Footage is Depreciating**
Average Sold Price per Square Footage in March 2019 is $195. It is down 21.1% compared to last month and down 22% compared to last year.

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


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



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Mar. 19Feb. 19% ChangeMar. 19Mar. 18% ChangeJan. 19 to Mar. 19Jan. 18 to Mar. 18% Change4/1/2019 - 4/8/20193/1/2019 - 3/8/2019% Change
Avg Days on Market1381269.5% 13868102.9% 1169522.1% 18213237.9%
Sold/Orig LP Diff. %8387-4.6% 8393-10.8% 8690-4.4% 7986-8.1%


March 2019 Average Days on Market trend Remains Steady**
Average Days on Market in March 2019 is 138. It is up 9.5% compared to last month and up 102.9% compared to last year.

March 2019 Sold/Original List Price Ratio is Falling**
Sold/Original List Price % in March 2019 is 83%. It is down 4.6% compared to last month and down 10.8% compared to last year.

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


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



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Mar. 19Feb. 19% ChangeMar. 19Mar. 18% ChangeJan. 19 to Mar. 19Jan. 18 to Mar. 18% Change4/1/2019 - 4/8/20193/1/2019 - 3/8/2019% Change
Avg. Active Price788816-3.4% 788799-1.4% 8047743.9% 8207903.8%
Avg. Sold Price6551119-41.5% 655747-12.3% 70360616% 80546872%


March 2019 Average For Sale Price is Depreciating**
Average For Sale Price (in thousand) in March 2019 is $788. It is down 3.4% compared to last month and down 1.4% compared to last year.

March 2019 Average Sold Price is Neutral**
Average Sold Price (in thousand) in March 2019 is $655. It is down 41.5% compared to last month and down 12.3% compared to last year.

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


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



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Mar. 19Feb. 19% ChangeMar. 19Mar. 18% ChangeJan. 19 to Mar. 19Jan. 18 to Mar. 18% Change4/1/2019 - 4/8/20193/1/2019 - 3/8/2019% Change
Months of Inventory (Closed Sales)6.318.8-66.7% 6.39.6-34.5% 11.714.6-19.8% 15.437.5-58.9%


March 2019 is a Buyer's market**
Months of Inventory based on Closed Sales in March 2019 is 6.3. It is down 66.7% compared to last month and down 34.5% 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.


Date1/182/183/184/185/186/187/188/189/1810/1811/1812/181/192/193/19
For Sale807367686658454657636176817576
New Listing3418111014391323141414211222
Sold837151643947468412
Pended1013125973755877118
Months of Inventory (Closed Sales)1024.39.64.54.114.5155.114.3915.312.710.118.86.3
Months of Inventory (Pended Sales)85.65.613.67.38.3156.611.412.67.610.911.66.89.5
Absorption Rate (Closed Sales) %104.110.422.124.26.96.719.6711.16.67.99.95.315.8
Absorption Rate (Pended Sales) %12.517.817.97.413.612.16.715.28.87.913.19.28.614.710.5
Avg. Active Price765761799776819828854842891880950869809816788
Avg. Sold Price5354697476985674854806975837397074595661119655
Avg. Sq. Ft. Price (Sold)204180250238191176190218221260231179206247195
Sold/List Diff. %918994949291909687899493948989
Sold/Orig LP Diff. %888693928582849487859485918783
Avg Days on Market1345168621361211467298221114977126138
Median Sold Price387488447650505493431485520550585430549963520

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 April 2019, based on data available at the end of March 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.