FL ARCHIVED April 2017 | Page 140

Market Action Report April 2017

SEMINOLE COUNTY

County : Seminole

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
$ 1,399,000
0 %
-1%
Average List Price of all Current Listings
$ 1,773,825
7 %
7 %
April Median Sales Price
$ 1,265,000
18 %
4 %
7 %
5 %
$ 1,215,000
-5%
1 %
April Average Sales Price
$ 1,343,333
25 %
-7%
13 %
3 %
$ 1,449,778
7 %
12 %
Total Properties Currently for Sale ( Inventory )
56
2 %
-3%
April Number of Properties Sold
3
0 %
50 %
9
29 %
April Average Days on Market ( Solds )
18 -91% -90% -84% -82%
187
55 %
83 %
Asking Price per Square Foot ( based on New Listings )
$ 276
12 %
-1%
-5%
6 %
$ 280
11 %
8 %
April Sold Price per Square Foot
$ 430
121 % 54 % 141 % 96 %
$ 279
37 %
27 %
April Month ' s Supply of Inventory
18.7
2 %
-10% -36% -35%
27.3
-16%
-5%
April Sale Price vs List Price Ratio
86.3 % -4.6% 1.1 % -2.5% -4.0%
85.4 %
0 %
-5%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
9
April Property sales were 3 , up 50.0 % from 2 in April of 2016
and the same as the 3 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April
8
7
Number of Properties Sold
3 Mo Avg
Property
YTD sales of Sales 9 are running 28.6 % ahead of last year ' s year-todate Property sales of 7 . sales were 3 , up 50.0 % from 2 in April of 2016
April and the same as the 3 sales last month . April 2017 sales were at
96
85
their highest level compared to April of 2016 and 2015 . April
74
YTD sales of 9 are running 28.6 % ahead of last year ' s year-todate sales of 7 .
63
52
41
30
2
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 $ 1,265,000 , up 6.5 % from
$ 1,187,500 in April of 2016 and up 18.4 % from $ 1,068,000 last month . The Average Sales Price in April was $ 1,343,333 , up
1
0
2,400
M
2,200
14
J
J
A
Median Sales Price and Average Sales Price
3 Mo Avg
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
15
16
17
Prices
13.1 % from $ 1,187,500 in April of 2016 and up 24.8 % from
The
$ 1,076,000 Median Sales last month
Price . in April April 2017 was ASP $ 1,265,000 was at the
, up highest 6.5 % from level
$ compared
1,187,500 to in April April of of 2016 2016 and and 2015 up 18.4 .
% from $ 1,068,000 last
2,000
2,400
1,800
Median Sales Price and Average Sales Price
3 Mo Avg
month . The Average Sales Price in April was $ 1,343,333 , up
13.1 % from $ 1,187,500 in April of 2016 and up 24.8 % from
$ 1,076,000 last month . April 2017 ASP was at the highest level
2,200
1,600
2,000
1,400
compared to April of 2016 and 2015 .
1,800
1,200
2
1,600 1,000
60 3 56
7
Agent Name
Title Phone Website Other
4 2
51 51 52
2
56 2 1
46 45
1 49
2 1
51 51
3
59
Number of Properties Sold
1,400
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
1,200
Inventory & MSI
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of April was 56 , up 1.8 % from 55 last month and down 3.4 % from 58 in
70
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
70.0
17
April of last year . April 2017 Inventory was at its lowest level
60
60.0
compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 56 , up 1.8 % from 55 last month and down 3.4 % from 58 in
April of last year . April 2017 Inventory was at its lowest 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 18.7 months was at its lowest level compared with April of 2016 and
50
40
70
30
60
20
50
10
40
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
40.0
70.0
30.0
60.0
20.0
50.0
10.0
40.0
2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 18.7 months was at its lowest level compared with April of 2016 and 2015 .
0
30
20
10
0
M
J
14
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
0.0
30.0
20.0
10.0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000
M
J Jand AUp S| Property O N Types D J: SFH
F M- ConA 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 ,
14 Miami 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 .
140 | coldwellbankerluxury . com
60
56
51 51 52
56
46
45 49 51 51
59 4
57 57
1
63 62
63 62
2 59 59
4 57 57
1 60 60
3 53
4 52
53 52
0 56 56
2 49
2 49
49 49
1 58 58
2 51 51
8 54 54
4 60
3 62
1 61
3
61
60 62 61 61
1
56 56
48 3
47
48 47
4 50 50
1 55
3 Mo Avg
2 56
55
56 3 3
2 3 7 4 2 2 2 1 1 2 1 3 4 1 2 4 1 3 4 0 2 2 1 2 8 4 3 1 3 1 3 4 1 2 3 3