Facts and Trends TM

Published February 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 (Nov. 2017 - Jan. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Jan. 19Dec. 18% ChangeJan. 19Jan. 18% ChangeNov. 18 to Jan. 19Nov. 17 to Jan. 18% Change2/1/2019 - 2/6/20191/1/2019 - 1/6/2019% Change
For Sale80756.7% 80756.7% 80756.7% 79763.9%
Sold7540% 78-12.5% 16156.7% 02-100%
Pended47-42.9% 410-60% 19185.6% 30N/A    


January 2019 is a Buyer's market**
Home For Sale in January 2019 is 80 units. It is up 6.7% compared to last month and up 6.7% compared to last year.
Home Closed in January 2019 is 7 units. It is up 40% compared to last month and down 12.5% compared to last year.
Home Placed under Contract in January 2019 is 4 units. It is down 42.9% compared to last month and down 60% 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) (Nov. 2017 - Jan. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Jan. 19Dec. 18% ChangeJan. 19Jan. 18% ChangeNov. 18 to Jan. 19Nov. 17 to Jan. 18% Change2/1/2019 - 2/6/20191/1/2019 - 1/6/2019% Change
Avg. Sq. Ft. Price (Sold)20017117% 200204-2% 198.69220.47-9.9% 0209-100%


January 2019 Average Sold Price per Square Footage is Neutral**
Average Sold Price per Square Footage in January 2019 is $200. It is up 17% compared to last month and down 2% compared to last year.

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


Avg Days On Market & SP/Orig LP % (Nov. 2017 - Jan. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Jan. 19Dec. 18% ChangeJan. 19Jan. 18% ChangeNov. 18 to Jan. 19Nov. 17 to Jan. 18% Change2/1/2019 - 2/6/20191/1/2019 - 1/6/2019% Change
Avg Days on Market84143-41.3% 84134-37.3% 1341293.9% 070-100%
Sold/Orig LP Diff. %90847.1% 90882.3% 8990-1.1% 091-100%


January 2019 Average Days on Market trend Remains Steady**
Average Days on Market in January 2019 is 84. It is down 41.3% compared to last month and down 37.3% compared to last year.

January 2019 Sold/Original List Price Ratio Remains Steady**
Sold/Original List Price % in January 2019 is 90%. It is up 7.1% compared to last month and up 2.3% compared to last year.

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


Average Price of For Sale and Sold (Nov. 2017 - Jan. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Jan. 19Dec. 18% ChangeJan. 19Jan. 18% ChangeNov. 18 to Jan. 19Nov. 17 to Jan. 18% Change2/1/2019 - 2/6/20191/1/2019 - 1/6/2019% Change
Avg. Active Price810869-6.8% 8107636.2% 87075415.4% 803841-4.5%
Avg. Sold Price54042128.3% 5405350.9% 545615-11.4% 0660-100%


January 2019 Average For Sale Price is Neutral**
Average For Sale Price (in thousand) in January 2019 is $810. It is down 6.8% compared to last month and up 6.2% compared to last year.

January 2019 Average Sold Price is Neutral**
Average Sold Price (in thousand) in January 2019 is $540. It is up 28.3% compared to last month and up 0.9% compared to last year.

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


Months of Inventory Based on Closed Sales (Nov. 2017 - Jan. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Jan. 19Dec. 18% ChangeJan. 19Jan. 18% ChangeNov. 18 to Jan. 19Nov. 17 to Jan. 18% Change2/1/2019 - 2/6/20191/1/2019 - 1/6/2019% Change
Months of Inventory (Closed Sales)11.415-24% 11.49.421.3% 13.818.3-24.6% 7938107.9%


January 2019 is a Buyer's market**
Months of Inventory based on Closed Sales in January 2019 is 11.4. It is down 24% compared to last month and up 21.3% 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.


Date11/1712/171/182/183/184/185/186/187/188/189/1810/1811/1812/181/19
For Sale656575696467635443445461607580
New Listing91028181091419132114131421
Sold52837151643847457
Pended351013124972754874
Months of Inventory (Closed Sales)1332.59.4239.14.53.913.514.35.513.58.7151511.4
Months of Inventory (Pended Sales)21.7137.55.35.316.877.721.56.310.815.37.510.720
Absorption Rate (Closed Sales) %7.73.110.74.310.922.425.47.4718.27.411.56.76.78.8
Absorption Rate (Pended Sales) %4.67.713.318.818.8614.3134.715.99.36.613.39.35
Avg. Active Price735763763759793777815832864852852842952869810
Avg. Sold Price803465535469747698567485480735583739707421540
Avg. Sq. Ft. Price (Sold)259190204180250238191176190231221260231171200
Sold/List Diff. %959891899494929190968789949493
Sold/Orig LP Diff. %929388869392858284948785948490
Avg Days on Market134991345168621361211467998221114384
Median Sold Price510465387488447650505493431614520550585410490

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*All reports are published February 2019, based on data available at the end of January 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.