Hi Doug.

Please also add February Newsletter to website archives.

Thx

Laura


Facts and Trends TM

Published March 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 (Dec. 2017 - Feb. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Feb. 19Jan. 19% ChangeFeb. 19Feb. 18% ChangeDec. 18 to Feb. 19Dec. 17 to Feb. 18% Change3/1/2019 - 3/11/20192/1/2019 - 2/11/2019% Change
For Sale7581-7.4% 75732.7% 75732.7% 7480-7.5%
Sold48-50% 4333.3% 181338.5% 30N/A    
Pended10666.7% 1013-23.1% 2328-17.9% 24-50%


February 2019 is a Buyer's market**
Home For Sale in February 2019 is 75 units. It is down 7.4% compared to last month and up 2.7% compared to last year.
Home Closed in February 2019 is 4 units. It is down 50% compared to last month and up 33.3% compared to last year.
Home Placed under Contract in February 2019 is 10 units. It is up 66.7% compared to last month and down 23.1% 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. 2017 - Feb. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Feb. 19Jan. 19% ChangeFeb. 19Feb. 18% ChangeDec. 18 to Feb. 19Dec. 17 to Feb. 18% Change3/1/2019 - 3/11/20192/1/2019 - 2/11/2019% Change
Avg. Sq. Ft. Price (Sold)24720619.9% 24718037.2% 206.11196.315% 1660N/A    


February 2019 Average Sold Price per Square Footage is Neutral**
Average Sold Price per Square Footage in February 2019 is $247. It is up 19.9% compared to last month and up 37.2% compared to last year.

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


Months of Inventory Based on Closed Sales (Dec. 2017 - Feb. 2019)



Curnt vs. Prev MonthCurnt vs. Same Month 1 Yr AgoCurnt vs. Same Qtr 1 Yr Ago  TODAY STATS
Feb. 19Jan. 19% ChangeFeb. 19Feb. 18% ChangeDec. 18 to Feb. 19Dec. 17 to Feb. 18% Change3/1/2019 - 3/11/20192/1/2019 - 2/11/2019% Change
Months of Inventory (Closed Sales)18.810.185.9% 18.824.3-22.6% 13.822.9-39.7% 24.780-69.1%


February 2019 is a Buyer's market**
Months of Inventory based on Closed Sales in February 2019 is 18.8. It is up 85.9% compared to last month and down 22.6% 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.


Date12/171/182/183/184/185/186/187/188/189/1810/1811/1812/181/192/19
For Sale698073676866584546576361768175
New Listing1134181110143913231414142112
Sold28371516439474684
Pended5101312597375587610
Months of Inventory (Closed Sales)34.51024.39.64.54.114.5155.114.3915.312.710.118.8
Months of Inventory (Pended Sales)13.885.65.613.67.38.3156.611.412.67.610.913.57.5
Absorption Rate (Closed Sales) %2.9104.110.422.124.26.96.719.6711.16.67.99.95.3
Absorption Rate (Pended Sales) %7.212.517.817.97.413.612.16.715.28.87.913.19.27.413.3
Avg. Active Price770765761799776819828854842891880950869809816
Avg. Sold Price4655354697476985674854806975837397074595661119
Avg. Sq. Ft. Price (Sold)190204180250238191176190218221260231179206247
Sold/List Diff. %989189949492919096878994939489
Sold/Orig LP Diff. %938886939285828494878594859187
Avg Days on Market991345168621361211467298221114977126
Median Sold Price465387488447650505493431485520550585430549963

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