Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for ea
Monthly Market Summary - December 2017 Townhouses and Condos Palm Beach County December 2017
December 2016
Percent Change Year-over-Year
1,075
1,013
6.1%
634
631
0.5%
Median Sale Price
$166,000
$163,500
1.5%
Average Sale Price
$255,013
$259,839
-1.9%
$274.1 Million
$263.2 Million
4.1%
94.0%
94.0%
0.0%
Median Time to Contract
48 Days
49 Days
-2.0%
Median Time to Sale
85 Days
94 Days
-9.6%
New Pending Sales
1,013
974
4.0%
New Listings
1,394
1,457
-4.3%
Closed Sales Paid in Cash
Dollar Volume Med. Pct. of Orig. List Price Received
2013
2014
Pending Inventory
1,840
1,786
3.0%
Inventory (Active Listings)
6,327
6,205
2.0%
Months Supply of Inventory
5.8
5.7
1.8%
2015
2016
2017
Closed Sales
2,000 1,500 1,000 500 0
J FMAM J J A S OND J FMAM J J A S ON D J FMAM J J A S ON D J FMAM J J A S OND J FMAM J J A S OND
Median Sale Price
$200K
$150K $100K $50K $0K
Inventory
J FMAM J J A S OND J FMAM J J A S ON D J FMAM J J A S ON D J FMAM J J A S OND J FMAM J J A S OND 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0
J FMAM J J A S OND J FMAM J J A S ON D J FMAM J J A S ON D J FMAM J J A S OND J FMAM J J A S OND
2013
2014
2015
2016
2017
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Wednesday, January 24, 2018. Historical data revised on Monday, January 16, 2017. Next data release is Wednesday, February 21, 2018.
Monthly Distressed Market - December 2017 Townhouses and Condos Palm Beach County
Closed Sales
December 2017
December 2016
Percent Change Year-over-Year
1,040
947
9.8%
$168,000
$170,000
-1.2%
29
57
-49.1%
$115,000
$103,000
11.7%
6
9
-33.3%
$191,500
$158,000
21.2%
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2013
2014
Traditional
2015
Foreclosure/REO
2016
2017
Short Sale
100% 90%
Closed Sales
80% 70% 60% 50% 40% 30%
20% 10% 0% J FMAM J J A S ON D J FMAM J J A S OND J FMAM J J A S OND J FMAM J J A S ON D J FMAM J J A S OND $250K
Median Sale Price
$200K
$150K
$100K
$50K
$0K J FMAM J J A S ON D J FMAM J J A S OND J FMAM J J A S OND J FMAM J J A S ON D J FMAM J J A S OND
2013
2014
2015
2016
2017
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Wednesday, January 24, 2018. Historical data revised on Monday, January 16, 2017. Next data release is Wednesday, February 21, 2018.
