FL ARCHIVED April 2017 | Page 26

CHARLOTTE COUNTY

Community Information | School District
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
$ 1,329,500
1 %
-8%
Average List Price of all Current Listings
$ 1,539,563
3 %
-2%
April Median Sales Price
$ 1,000,000
-23% -22% -34% -18%
$ 1,275,000
0 %
4 %
April Average Sales Price
$ 1,000,000
-31% -24% -34% -23%
$ 1,309,286
1 %
1 %
Total Properties Currently for Sale ( Inventory )
60
-8%
7 %
April Number of Properties Sold
1 -67%
0 %
7
75 %
April Average Days on Market ( Solds )
33 -84% -65% -85% -78%
94
-16%
-38%
Asking Price per Square Foot ( based on New Listings )
$ 381
-42% -12% -22% -14%
$ 434
0 %
-2%
April Sold Price per Square Foot
$ 210
-56% -46% -37% -41%
$ 388
11 %
9 %
April Month ' s Supply of Inventory
60.0
177 % 59 %
7 %
62 %
43.3
-6%
17 %
April Sale Price vs List Price Ratio
87.0 % -3.1% -3.6% -. 1 % -5.2%
90.2 %
-3%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales April Property sales were 1 , equal to 1 in April of 2016 and 66.7 % lower than the 3 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 7 are running 75.0 % ahead of last year ' s year-to-date sales of 4 .
7 6 5 4
Number of Properties Sold
3 Mo Avg
3 2 1
Prices The Median Sales Price in April was $ 1,000,000 , down 34.4 % from $ 1,525,000 in April of 2016 and down 23.1 % from $ 1,300,000 last month . The Average Sales Price in April was $ 1,000,000 , down 34.4 % from $ 1,525,000 in April of 2016 and down 31.0 % from $ 1,450,000 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 60 , down 7.7 % from 65 last month and up 7.1 % from 56 in April of last year . April 2017 Inventory 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 60.0 months was at its highest level compared with April of 2016 and 2015 .
3 Mo Avg 0
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 -1 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
80 70 60 50
80 40
70 30
60 20
50 10 400 30 20 10 0
53 53
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
14
15
16
17
55 55 54 55
55 55 54 55
Total Inventory & Month ' s Supply of Inventory ( MSI )
61 63
61 63
69 69
64
64 62
M
J
J
A S O N D J
14
15
62
54 54
50 50
47
47 53 51
53
51 46 46 47
46 46 47 47 49 53 58 59 56 53 53
47 44 46 48 53 56 60 63 65
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
47 49 53
F M A M J
J
A S O N D J
16
58 59 56 53 53
47 44 46 48 53 56 60
F M A M J
J
A S O N D J
17
63 65
F M A 80.0
60 60
F M A
70.0 60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0 40.0 30.0 20.0 10.0 0.0
4 0 0 0 2 0 0 1 0 0 1 6 2 3 0 0 2 2 1 2 1 2 0 1 3 0 0 4 0 0 0 1 1 2 3 1
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