BallenIsles Real Estate Trends

Facts and Trends

TM

Published August 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 (May. 2018 - Jul. 2019)


 

Curnt vs. Prev Month

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Same Qtr 1 Yr Ago

  

TODAY STATS

 

Jul. 19

Jun. 19

% Change

Jul. 19

Jul. 18

% Change

May. 19 to Jul. 19

May. 18 to Jul. 18

% Change

8/1/2019 - 8/7/2019

7/1/2019 - 7/7/2019

% Change

For Sale

50

50

0%    

50

45

11.1%

50

45

11.1%

46

50

-8%

Sold

6

11

-45.5%

6

3

100%

21

23

-8.7%

1

1

0%    

Pended

7

4

75%

7

3

133.3%

21

19

10.5%

0

1

-100%

July 2019 is a Buyer's market**
Home For Sale in July 2019 is 50 units. It is the same as compared to last month and up 11.1% compared to last year.
Home Closed in July 2019 is 6 units. It is down 45.5% compared to last month and up 100% compared to last year.
Home Placed under Contract in July 2019 is 7 units. It is up 75% compared to last month and up 133.3% 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) (May. 2018 - Jul. 2019)


 

Curnt vs. Prev Month

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Same Qtr 1 Yr Ago

  

TODAY STATS

 

Jul. 19

Jun. 19

% Change

Jul. 19

Jul. 18

% Change

May. 19 to Jul. 19

May. 18 to Jul. 18

% Change

8/1/2019 - 8/7/2019

7/1/2019 - 7/7/2019

% Change

Avg. Sq. Ft. Price (Sold)

279

204

36.8%

279

190

46.8%

232.1

188.26

23.3%

135

219

-38.4%

July 2019 Average Sold Price per Square Footage is Appreciating**
Average Sold Price per Square Footage in July 2019 is $279. It is up 36.8% compared to last month and up 46.8% compared to last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.

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


 

Curnt vs. Prev Month

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Same Qtr 1 Yr Ago

  

TODAY STATS

 

Jul. 19

Jun. 19

% Change

Jul. 19

Jul. 18

% Change

May. 19 to Jul. 19

May. 18 to Jul. 18

% Change

8/1/2019 - 8/7/2019

7/1/2019 - 7/7/2019

% Change

Avg Days on Market

79

100

-21%

79

146

-45.9%

99

135

-26.7%

153

162

-5.6%

Sold/Orig LP Diff. %

90

87

3.4%

90

84

7.1%

87

84

3.6%

82

93

-11.8%

July 2019 Average Days on Market trend is Falling**
Average Days on Market in July 2019 is 79. It is down 21% compared to last month and down 45.9% compared to last year. July 2019 Sold/Original List Price Ratio is Rising**
Sold/Original List Price % in July 2019 is 90%. It is up 3.4% compared to last month and up 7.1% compared to last year. **Based on 6 month trend - Rising/Falling/Remains Steady.

Average Price of For Sale and Sold (May. 2018 - Jul. 2019)


 

Curnt vs. Prev Month

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Same Qtr 1 Yr Ago

  

TODAY STATS

 

Jul. 19

Jun. 19

% Change

Jul. 19

Jul. 18

% Change

May. 19 to Jul. 19

May. 18 to Jul. 18

% Change

8/1/2019 - 8/7/2019

7/1/2019 - 7/7/2019

% Change

Avg. Active Price

862

881

-2.2%

862

854

0.9%

862

831

3.7%

886

833

6.4%

Avg. Sold Price

1066

536

98.9%

1066

480

122.1%

740

541

36.8%

350

585

-40.2%

July 2019 Average For Sale Price is Neutral**
Average For Sale Price (in thousand) in July 2019 is $862. It is down 2.2% compared to last month and up 0.9% compared to last year. July 2019 Average Sold Price is Appreciating**
Average Sold Price (in thousand) in July 2019 is $1066. It is up 98.9% compared to last month and up 122.1% compared to last year. **Based on 6 month trend - Appreciating/Depreciating/Neutral.

Months of Inventory Based on Closed Sales (May. 2018 - Jul. 2019)


 

Curnt vs. Prev Month

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Same Qtr 1 Yr Ago

  

TODAY STATS

 

Jul. 19

Jun. 19

% Change

Jul. 19

Jul. 18

% Change

May. 19 to Jul. 19

May. 18 to Jul. 18

% Change

8/1/2019 - 8/7/2019

7/1/2019 - 7/7/2019

% Change

Months of Inventory (Closed Sales)

8.3

4.5

83.6%

8.3

15

-44.7%

9.7

11.2

-13.4%

46

50

-8%

July 2019 is a Buyer's market**
Months of Inventory based on Closed Sales in July 2019 is 8.3. It is up 83.6% compared to last month and down 44.7% 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

5/18

6/18

7/18

8/18

9/18

10/18

11/18

12/18

1/19

2/19

3/19

4/19

5/19

6/19

7/19

For Sale

66

58

45

46

57

63

61

76

81

75

76

75

65

50

50

New Listing

14

3

9

13

23

14

14

14

21

12

22

12

7

4

14

Sold

16

4

3

9

4

7

4

6

8

6

12

11

4

11

6

Pended

9

7

3

7

5

5

8

7

7

11

7

10

10

4

7

Months of Inventory (Closed Sales)

4.1

14.5

15

5.1

14.3

9

15.3

12.7

10.1

12.5

6.3

6.8

16.3

4.5

8.3

Months of Inventory (Pended Sales)

7.3

8.3

15

6.6

11.4

12.6

7.6

10.9

11.6

6.8

10.9

7.5

6.5

12.5

7.1

Absorption Rate (Closed Sales) %

24.2

6.9

6.7

19.6

7

11.1

6.6

7.9

9.9

8

15.8

14.7

6.2

22

12

Absorption Rate (Pended Sales) %

13.6

12.1

6.7

15.2

8.8

7.9

13.1

9.2

8.6

14.7

9.2

13.3

15.4

8

14

Avg. Active Price

819

828

854

842

891

880

950

869

809

816

788

816

848

881

862

Avg. Sold Price

567

485

480

697

583

739

707

459

566

971

655

649

813

536

1066

Avg. Sq. Ft. Price (Sold)

191

176

190

218

221

260

231

179

206

236

195

215

239

204

279

Sold/List Diff. %

92

91

90

96

87

89

94

93

94

85

89

91

87

90

93

Sold/Orig LP Diff. %

85

82

84

94

87

85

94

85

91

83

83

83

80

87

90

Avg Days on Market

136

121

146

72

9

82

211

149

77

105

138

119

127

100

79

Median Sold Price

505

493

431

485

520

550

585

430

549

676

520

550

820

479

626

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 August 2019, based on data available at the end of July 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.

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