FL ARCHIVED April 2017 | Page 130

Market Action Report April 2017

ORANGE COUNTY

County : Orange

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,592,500
-0%
3 %
Average List Price of all Current Listings
$ 2,138,449
-2%
0 %
April Median Sales Price
$ 1,300,000
-21% -19% -6%
-6%
$ 1,600,000
16 %
15 %
April Average Sales Price
$ 1,758,952
-8%
-9%
11 %
5 %
$ 1,926,616
21 %
15 %
Total Properties Currently for Sale ( Inventory )
482
2 %
7 %
April Number of Properties Sold
33 -20%
6 %
115
28 %
April Average Days on Market ( Solds )
159
-3%
-6% -26%
1 %
169
-14%
8 %
Asking Price per Square Foot ( based on New Listings )
$ 400
8 %
8 %
20 %
9 %
$ 370
3 %
1 %
April Sold Price per Square Foot
$ 347
-5%
0 %
8 %
6 %
$ 348
8 %
6 %
April Month ' s Supply of Inventory
14.6
26 % -19%
0 %
-19%
17.8
-8%
-1%
April Sale Price vs List Price Ratio
90.0 %
. 4 %
. 6 %
. 6 %
. 1 %
89.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
45
April Property sales were 33 , up 6.5 % from 31 in April of 2016
and 19.5 % lower than the 41 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 .
40
35
Number of Properties Sold
3 Mo Avg
Property
April YTD sales Sales of 115 are running 27.8 % ahead of last year ' s
April year-to-date Property sales sales of were 90 . 33 , up 6.5 % from 31 in April of 2016 and 19.5 % lower than the 41 sales last month . April 2017 sales
45
30
40
25
were at their highest level compared to April of 2016 and 2015 .
35
20
April YTD sales of 115 are running 27.8 % ahead of last year ' s year-to-date sales of 90 .
30
15
25
10
205
150
10
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
17
Prices
The Median Sales Price in April was $ 1,300,000 , down 6.1 %
5
0
Median Sales Price and Average Sales Price
3 Mo Avg
from $ 1,385,000 in April of 2016 and down 21.2 % from
$ 1,650,000 last month . The Average Sales Price in April was
M
2,10014
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
17
Prices
$ 1,758,952 , up 11.1 % from $ 1,582,916 in April of 2016 and down
The
7.9 % Median from $ Sales 1,910,155
Price last in April month was . April
$ 1,300,000 2017 ASP
, down was at
6.1 a % mid from range $ 1,385,000 compared in to April April of of 2016
2016 and and 2015 down
.
21.2 % from
$ 1,650,000 last month . The Average Sales Price in April was
1,900
2,100
1,700
Median Sales Price and Average Sales Price
3 Mo Avg
$ 1,758,952 , up 11.1 % from $ 1,582,916 in April of 2016 and down
7.9 % from $ 1,910,155 last month . April 2017 ASP was at a mid
1,900
1,500
range compared to April of 2016 and 2015 .
1,300
1,700
Inventory & MSI The Total Inventory of Properties available for sale as of April was 482 , up 1.7 % from 474 last month and up 6.9 % from 451 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 482 , up 1.7 % from 474 last month and up 6.9 % from 451 in April of last year . April 2017 Inventory was at its highest level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 14.6 months was at its highest level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 14.6 months was at its highest level compared with April of 2016 and 2015 .
1,100 1,500
1,300
32 16 22 15 22 21 23 19 15 17 30 32 26 21 33 28 24 23 19 27 16 18 25 31 31 40 22 24 25 35 28 22 25 16 41 33
1,100
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
30.0
17
500
25.0
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
600 300
500 200
400 100 3000 200 100
32 369
16 376
22 371
Agent Name
Title Phone Website Other
15 380
22 364
21 379
23 378
19 374
15 387
0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J and J Up A | SProperty O NTypes D : JSFH F - MConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 14 Association of REALTORS , 15 My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17 Beaches , Space Coast Association of REAL does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
130 | coldwellbankerluxury . com
369
17 400
30
404 32
407
Number of Properties Sold
26
403 408
21 396
33 398
28 404
24 401
23 378
19
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
14
15
16
17
376
M J
14
371 380 364 379 378 374 387
J A S O N D J
15
400 404 407 403 408
F M A M J
396 398 404 401 378 355 355
27 368 368
J A S O N D J 16
16 403 403
18 434 434
25 451 451
31 453 453
31 494 494
F M A M J
40 498 498
22 500 500
24
490 490
25
460 460
35
439 439
421 28
421 425 425
22 450 450
25 474 474
16 482 482
J A S O N D J F M A 17
3 Mo Avg
41 33
15.0 30.0
10.0 25.0
5.0 20.0
0.0 15.0 10.0 5.0