Market Action Report April 2018
Community Information | School District
Market Action Report April 2018
City : Venice
Price Range : All | 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 |
$ 299,705 |
-0% |
|
7 % |
|
|
|
|
Average List Price of all Current Listings |
$ 373,147 |
2 % |
|
10 % |
|
|
|
|
April Median Sales Price |
$ 254,500 |
-3% |
2 % |
-0% |
3 % |
$ 250,000 |
1 % |
1 % |
April Average Sales Price |
$ 282,458 |
-3% |
1 % |
-2% |
2 % |
$ 279,615 |
0 % |
1 % |
Total Properties Currently for Sale ( Inventory ) |
886 -11% |
-0% |
April Number of Properties Sold |
339 |
27 % |
31 % |
951 |
8 % |
April Average Days on Market ( Solds ) |
64 -21% -7% |
-6% |
-7% |
69 |
-4% |
0 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 185 |
3 % |
1 % |
5 % |
5 % |
$ 184 |
6 % |
5 % |
April Sold Price per Square Foot |
$ 178 |
-0% |
3 % |
3 % |
7 % |
$ 173 |
1 % |
4 % |
April Month ' s Supply of Inventory |
2.6 -30% -33% -24% -37% |
4.6 |
-4% |
10 % |
April Sale Price vs List Price Ratio |
94.8 %
1.2 %
|
. 4 % |
1.2 % |
. 5 % |
94.4 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales |
400 |
April Property sales were 339 , up 31.4 % from 258 in April of |
2017 and 27.4 % higher than the 266 sales last month . April |
350 |
|
Property
2018 sales Sales were at their highest level compared to April of 2017
400
April and Property 2016 . April sales YTD were sales 339 , of up 951 31.4 are % from running 2588.2 in April % ahead of of last
2017 and 27.4 % higher than the 266 sales last month . April
350 year ' s year-to-date sales of 879 .
2018 sales were at their highest level compared to April of 2017
300 and 2016 . April YTD sales of 951 are running 8.2 % ahead of last
|
300
250
200
|
year ' s year-to-date sales of 879 . |
250 |
150 |
|
200 |
|
|
|
100 |
|
150 |
|
|
|
50 |
|
100 |
|
|
|
0 |
|
50 |
|
Venice
278 242
Number of Properties Sold
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
J |
J |
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
|
3 Mo Avg |
|
|
Median Sales Price and Average Sales Price |
|
278 242 266 214 195 192 165 196 160 158 236 251 251 233 220 205 207 206 189 219 148 187 286 258 295 252 197 235 162 195 184 208 153 193 266 339
0 M
Prices 15
The Median Sales Price in April was $ 254,500 , down 0.0 % from 300
Prices $ 254,625 in April of 2017 and down 3.2 % from $ 263,000 last
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 254,500 April was , down $ 282,458 0.0 % from , down
290
300 $ 2.2 254,625 % from in April $ 288,727 of 2017 in April and down of 2017 3.2 % and from down $ 263,000 3.2 % from last 280 month . The Average Sales Price in April $ 282,458 , down
290
$ 291,901 last month . April 2018 ASP was at a mid range 270 2.2 % from $ 288,727 in April of 2017 and down 3.2 % from 280 compared to April of 2017 and 2016 .
260
$ 291,901 last month . April 2018 ASP was at a mid range 270 250 compared to April of 2017 and 2016 . 260
240 250
230 240
220 230
210
220 210
200
200 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
M J
15 J A S O N D J F M
16 A M J J A S O N D J F M
17 A M J J A S O N D J F M A
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of April
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 886 , Inventory down 11.3 of % Properties from 999 available last month for and sale down as of April 0.3 % from 1,200 was 889886 in , April down of 11.3 last % year from . 999 April last 2018 month Inventory and down was 0.3 at % a from mid level 1,200
8.0
1,000 889 compared in April with of last April year of . April 20172018 and 2016 Inventory . was at a mid level 1,000
7.0 compared with April of 2017 and 2016 . 800
6.0 800
600 5.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
3.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The April 2018 MSI of 2.6 higher MSI is better for buyers . The April 2018 MSI of 2.6
200
2.0 months was at its lowest level compared with April of 2017 and 200 months was at its lowest level compared with April of 2017 and
1.0 2016 .
0 2016 .
0
0.0 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
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 15
16 17
18 15
16 17
18
656 578 563 513 519 541
Agent Name 266
Title Phone Website Other
Community Information | School District
214 195 192
656 578 563 513 519 541
612
634 165 196 160 158 236
741 811 865 789 769 743 715 715 711
612 634
Number of Properties Sold
251 251
741 811 865 789 769 233 220 205
743 715 715
711 882 779
779
844 207 206 189
990
1,012 844
1,009 882
219 148 187
990 1,012 1,009 286 258 295 252
889 855 838 785
197
889 855 838 785 733 736 786 834
235
864 1,008
733
736 162 195
1,022 999
3 Mo Avg
184
786 834 864
886 208 153 193
1,008 1,022 999
3 Mo Avg
266
886 339
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
66 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso 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 .