View Facts and Trends Report

Facts and Trends

Published May 2022*

Location:	Area 5300
Price Range:	$400,000 - 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 (Feb. 2021 - Apr. 2022)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Apr. 22	Mar. 22	% Change	Apr. 22	Apr. 21	% Change	Feb. 22 to Apr. 22	Feb. 21 to Apr. 21	% Change
For Sale	8	2	300%	8	14	-42.9%	8	14	-42.9%
Sold	6	10	-40%	6	10	-40%	23	39	-41%
Pended	10	5	100%	10	22	-54.5%	22	48	-54.2%

	TODAY’S STATS
	Current vs. Prev MTD			Current vs. Same MTD 1 Yr Ago			Current vs. Prev YTD
	5/1/22 - 5/8/22	4/1/22 - 4/8/22	% Change	5/1/22 - 5/8/22	5/1/21 - 5/8/21	% Change	1/1/22 - 5/8/22	1/1/21 - 5/8/21	% Change
For Sale	6	1	500%	6	4	50%	6	4	50%
Sold	1	1	0%	1	3	-66.7%	26	51	-49%
Pended	5	5	0%	5	11	-54.5%	36	73	-50.7%

April 2022 is a Seller's market**
Home For Sale in April 2022 is 8 units. It is up 300% compared to last month and down 42.9% compared to last year.
Home Closed in April 2022 is 6 units. It is down 40% compared to last month and down 40% compared to last year.
Home Placed under Contract in April 2022 is 10 units. It is up 100% compared to last month and down 54.5% 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.

Average Price per SQFT (Sold) (Feb. 2021 - Apr. 2022)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Apr. 22	Mar. 22	% Change	Apr. 22	Apr. 21	% Change	Feb. 22 to Apr. 22	Feb. 21 to Apr. 21	% Change
Avg. Sq. Ft. Price (Sold)	332	381	-12.9%	332	218	52.3%	370.04	238.26	55.3%

	TODAY’S STATS
	Current vs. Prev MTD			Current vs. Same MTD 1 Yr Ago			Current vs. Prev YTD
	5/1/22 - 5/8/22	4/1/22 - 4/8/22	% Change	5/1/22 - 5/8/22	5/1/21 - 5/8/21	% Change	1/1/22 - 5/8/22	1/1/21 - 5/8/21	% Change
Avg. Sq. Ft. Price (Sold)	648	227	185.5%	648	200	224%	378	237	59.5%

April 2022 Average Sold Price per Square Footage is Neutral**
Average Sold Price per Square Footage in April 2022 is $332. It is down 12.9% compared to last month and up 52.3% compared to last year.

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

Avg Days On Market & SP/Orig LP % (Feb. 2021 - Apr. 2022)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Apr. 22	Mar. 22	% Change	Apr. 22	Apr. 21	% Change	Feb. 22 to Apr. 22	Feb. 21 to Apr. 21	% Change
Avg Days on Market	15	3	400%	15	100	-85%	14	104	-86.5%
Sold/Orig LP Diff. %	103	101	2%	103	93	10.8%	102	90	13.3%

	TODAY’S STATS
	Current vs. Prev MTD			Current vs. Same MTD 1 Yr Ago			Current vs. Prev YTD
	5/1/22 - 5/8/22	4/1/22 - 4/8/22	% Change	5/1/22 - 5/8/22	5/1/21 - 5/8/21	% Change	1/1/22 - 5/8/22	1/1/21 - 5/8/21	% Change
Avg Days on Market	4	3	33.3%	4	14	-71.4%	14	96	-85.4%
Sold/Orig LP Diff. %	115	101	13.9%	115	93	23.7%	102	90	13.3%

April 2022 Average Days on Market trend Remains Steady**
Average Days on Market in April 2022 is 15. It is up 400% compared to last month and down 85% compared to last year.

April 2022 Sold/Original List Price Ratio is Rising**
Sold/Original List Price % in April 2022 is 103%. It is up 2% compared to last month and up 10.8% compared to last year.

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

Average Price of For Sale and Sold (Feb. 2021 - Apr. 2022)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Apr. 22	Mar. 22	% Change	Apr. 22	Apr. 21	% Change	Feb. 22 to Apr. 22	Feb. 21 to Apr. 21	% Change
Avg. Active Price	1284	1298	-1.1%	1284	938	36.9%	1252	961	30.3%
Avg. Sold Price	832	1259	-33.9%	832	710	17.2%	1052	828	27.1%

	TODAY’S STATS
	Current vs. Prev MTD			Current vs. Same MTD 1 Yr Ago			Current vs. Prev YTD
	5/1/22 - 5/8/22	4/1/22 - 4/8/22	% Change	5/1/22 - 5/8/22	5/1/21 - 5/8/21	% Change	1/1/22 - 5/8/22	1/1/21 - 5/8/21	% Change
Avg. Active Price	1370	850	61.2%	1370	1368	0.1%	1370	1368	0.1%
Avg. Sold Price	2295	605	279.3%	2295	532	331.4%	1078	802	34.4%

April 2022 Average For Sale Price is Neutral**
Average For Sale Price (in thousand) in April 2022 is $1284. It is down 1.1% compared to last month and up 36.9% compared to last year.

April 2022 Average Sold Price is Neutral**
Average Sold Price (in thousand) in April 2022 is $832. It is down 33.9% compared to last month and up 17.2% compared to last year.

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

Months of Inventory Based on Closed Sales (Feb. 2021 - Apr. 2022)

	Curnt vs. Prev Month			Curnt vs. Same Month 1 Yr Ago			Curnt vs. Same Qtr 1 Yr Ago
	Apr. 22	Mar. 22	% Change	Apr. 22	Apr. 21	% Change	Feb. 22 to Apr. 22	Feb. 21 to Apr. 21	% Change
Months of Inventory (Closed Sales)	1.3	0.2	550%	1.3	1.4	-7.1%	0.6	1.2	-50.4%

	TODAY’S STATS
	Current vs. Prev MTD			Current vs. Same MTD 1 Yr Ago			Current vs. Prev YTD
	5/1/22 - 5/8/22	4/1/22 - 4/8/22	% Change	5/1/22 - 5/8/22	5/1/21 - 5/8/21	% Change	1/1/22 - 5/8/22	1/1/21 - 5/8/21	% Change
Months of Inventory (Closed Sales)	1.5	0.3	450%	1.5	0.3	348.7%	1	0.3	216.1%

April 2022 is a Seller's market**
Months of Inventory based on Closed Sales in April 2022 is 1.3. It is up 550% compared to last month and down 7.1% 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.

Date	2/21	3/21	4/21	5/21	6/21	7/21	8/21	9/21	10/21	11/21	12/21	1/22	2/22	3/22	4/22
For Sale	19	8	14	4	3	7	4	7	3	2	3	3	1	2	8
New Listing	3	14	23	12	6	13	6	16	9	7	8	7	9	7	19
Sold	11	18	10	16	27	10	5	11	10	18	9	2	7	10	6
Pended	12	14	22	19	10	8	7	15	11	6	6	8	7	5	10
Months of Inventory (Closed Sales)	1.7	0.4	1.4	0.3	0.1	0.7	0.8	0.6	0.3	0.1	0.3	1.5	0.1	0.2	1.3
Months of Inventory (Pended Sales)	1.6	0.6	0.6	0.2	0.3	0.9	0.6	0.5	0.3	0.3	0.5	0.4	0.1	0.4	0.8
Absorption Rate (Closed Sales) %	57.9	225	71.4	400	900	142.9	125	157.1	333.3	900	300	66.7	700	500	75
Absorption Rate (Pended Sales) %	63.2	175	157.1	475	333.3	114.3	175	214.3	366.7	300	200	266.7	700	250	125
Avg. Active Price	1024	850	938	1368	747	766	634	1053	1032	1088	989	2508	900	1298	1284
Avg. Sold Price	911	842	710	910	1139	950	1207	886	1066	1155	875	758	946	1259	832
Avg. Sq. Ft. Price (Sold)	244	246	218	295	332	309	305	283	346	364	300	281	387	381	332
Sold/List Diff. %	94	94	95	97	98	99	96	96	99	101	100	96	103	101	105
Sold/Orig LP Diff. %	85	92	93	97	98	99	95	96	98	100	97	91	101	101	103
Avg Days on Market	165	69	100	28	41	9	58	61	20	9	22	22	28	3	15
Median Active Price	729	767	799	1262	795	757	649	699	899	1088	649	1700	900	1297	885
Median Sold Price	820	758	689	695	750	758	825	700	705	1025	800	758	700	950	665

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*All reports are published May 2022, based on data available at the end of April 2022, 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.