Q4 2021 Property Report

Page 1

1,000

$1.0B

900

$900M

800

$800M

700

733 655

600

$700M $600M

500

$500M

400

$400M

300 200 100

234

185

174

2008

2009

27

50

2010

266

274

273

287

278

289

2012

2013

2014

2015

2016

2017

321

$300M

318

$200M

200

2011

2018

2019

2020

2021

ISLAND-WIDE CLOSINGS Q4 (OCTOBER 1 THROUGH DECEMBER 31) 63

45

79

74

79

68

71

87

119

84

251

172

$100M


$1,037,508,000

$769,000

$760,000

$1,196,000

$1,415,000

257

268

$155,076,000

$183,847,000 $625,000

$603,000

$686,000

273

251

$542,564,000

$686,600,000

$1,525,000

$2,000,000

$1,987,000

$2,735,000

125

214

$85,673,000

$167,060,000

$385,000

$451,000

$685,000

$781,000

A

ES

3.1% = 23

S

&

M I LY H O M

0.7% = 12

M

TE

S

-FA

1.2% = 30

O

I ES

T TA G E S

LE

JUST 1.3% OF ISLAND-WIDE UNITS ARE LISTED AND AVAILABLE FOR PURCHASE

H

$530,000

CO

S

E

$783,313,000

E -I FL A Y MHI LM - GF A O L Y M L IEN EH S GS O

IT

733

IN

G

ES

655

S

IN

HOM

2021

M

S

2020

E

S

VI

LL V&

C


HOMESITES HOMESITES UNDEVELOPEDUNDEVELOPED HOMESITES SOLD HOMESITES SOLD

2021

2020

2020

2021

2019 2017 2020 2018 2021 2019

2019 2017 2020 2018 2021 2019

2018

GLE-FAMILY HOMES SOLD HOMES SOLD SINGLE-FAMILY

100

2021

$2.00 $2.75 $1.75 $2.50 $1.50 $2.25 $1.25 $2.00 $1.00 $1.75 0 $1.50

2020

300 100 250 50 200 0 150

2019 2017 2020 2018 2021 2019

350 150

2018

GLE-FAMILY HOMES SOLD HOMES SOLD SINGLE-FAMILY

2021

2020

2019 2017 2020 2018 2021 2019

2018

2021

2020

2019 2017 2020 2018 2021 2019

2018

LLAS & COTTAGES VILLAS SOLD & COTTAGES SOLD

2018

2017

250 400 200

$1.25

MP

100

$2.50

AP MP

$475

300 100 250 50 200 0 150

350 $2.50 SINGLE-FAMILY HOMES SINGLE-FAMILY HOMES

Average Price (AP) vs. Median Average Price (AP) vs. Median 300 $2.25 Price (MP) vs. Units PriceSold (MP) vs. Units Sold

MP

$500

250 400 200 350 150

$2.75

AP MP

$575 $675 $550 $650 $525 $625 $500 $600 $475 $575 $450 $550 $425 $525

300

$2.75

Price In Millions Price In Millions

$600

350

400

Price In Millions Price In Millions

ILLAS & COTTAGES VILLAS SOLD & COTTAGES SOLD

$300

AP

$625

400

AP

$475

MP

$500

AP MP

$575 $675 $550 $650 $525 $625 $500 $600 $475 $575 $450 $550 $425 $525

$675 $650

Price In Thousands Price In Thousands

MP

150

100

AP MP

300 500 250 450 200 400 150 350 100 300 50 250 0 200

Price In Thousands Price In Thousands

Average Price (AP) vs. Median Average Price (AP) vs. Median 350 Price (MP) vs. Units PriceSold (MP) vs. Units $600 Sold

$800 $300 $700 $600 $500 $400

Average Price (AP) vs. Median Average Price (AP) vs. Median Price (MP) vs. Units Sold Price (MP) vs. Units Sold

AP

AP

$675 450 $650 VILLAS VILLAS & COTTAGES 400 & COTTAGES $625

$300

$1.1M $1.0M $900 $1.4M $800 $1.3M $700 $1.2M $600 $1.1M $500 $1.0M $400 $900

SINGLE-FAMILY HOMES SINGLE-FAMILY HOMES

Average Price (AP) vs. Median Average Price (AP) vs. Median Price (MP) vs. Units Sold Price (MP) vs. Units Sold

500

2017

2021

2020

2019

2018 2021

2019 2017 2020

2018

2017 2017

VILLAS & COTTAGES VILLAS & COTTAGES

MP

0

AP MP

100

$1.0M $900 $1.4M $800 $1.3M $700 $1.2M $600 $1.1M $500 $1.0M $400 $900 $800 $300 $700 $600 $500 $400

Price In Thousands Price In Thousands

0

140 220 120 200 100 180 80 160 60 40 140 20 120 0 100 80 60 40 20 0

$1.4M $1.3M $1.2M

AP

200

Price (MP) vs. Units PriceSold (MP) vs. Units Sold

MP

0

140 220 120 200 100 180 80 160 60 40 140 20 120 100 0 80 60 40 20 0

AP MP

0

500 800 400 700 300 600 200 500 100 400 0 300

Price In Thousands Price In Thousands

0 0 0 0 0 0 0 0 0 0

TOTAL SOLD UNITS SOLD TOTAL 600 UNITS

220 $1.4M 200 $1.3M HOMESITES HOMESITES $1.2M 180 Average Price (AP) vs. Median Average Price (AP) vs. Median 160 $1.1M

AP

0

220 200 180 160

2017

700

2017

0

Average Price (AP) vs. Median Average Price (AP) vs. Median Price (MP) vs. Units Sold Price (MP) vs. Units Sold

UNDEVELOPEDUNDEVELOPED HOMESITES SOLD HOMESITES SOLD

800

TOTAL UNITS SOLD TOTAL UNITS SOLD

0

TOTAL UNITS SOLD TOTAL UNITS SOLD

TOTAL UNITSTOTAL SOLD UNITS SOLD

$2.25

$2.00 $2.75 $1.75 $2.50 $1.50 $2.25 $1.25 $2.00 $1.00 $1.75 0 $1.50 $1.25



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