FL ARCHIVED April 2018 | Page 154

Price Range: All | Properties: SFH - Con Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 60 16 April Property sales were 5, down 16.7% from 6 in April of 2017 14 and 44.4% lower than the 9 sales last month. April 2018 sales Property Sales were at their lowest level compared to April of 2017 and 2016. 16 12 April sales 5, running down 16.7% from 6 in April of year's 2017 year- April Property YTD sales of were 27 are 28.6% ahead of last 14 and 44.4% lower than the 9 sales last month. April 2018 sales to-date sales of 21. 10 40 8 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 10 0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 20 30 40 A comparatively lower MSI is more beneficial for sellers while 30 a A higher comparatively lower MSI is more The beneficial sellers a 20 MSI is better for buyers. April for 2018 MSI while of 13.0 higher MSI is better for buyers. April 2018 MSI of 13.0 months was at its highest level The compared with April of 2017 and 10 months 2016. was at its highest level compared with April of 2017 and 0 2016. 50 40 60 50 70 compared with April of 2017 and 2016. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 65, up 4.8% from 62 last month and for up sale 58.5% 41 in The Inventory of Properties available as of from April April year. April 2018 Inventory at its highest was 65, of up last 4.8% from 62 last month and up was 58.5% from 41 in level 70 April of last year. April of 2018 Inventory was at its highest level compared with April 2017 and 2016. 60 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 16 A M J J A S O N D J F M 17 M J 15 J A S O N D J F M A M J J A S O N D J F M A 18 15 16 17 18 20 40 60 80 100 120 100 100 This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in April 2018 was 23, down 25.8% from 31 last month and down 14.8% from 27 in April of last year. 150 Inventory / New Listings / Sales Inventory / New Listings / Sales 150 200 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 15 16 17 18 3 Mo Avg 200 0% 250 $251,278 last month. April 2018 ASP was at a mid range compared to April of 2017 and 2016. 20% Median Sales Price and Average Sales Price 40% 3 Mo Avg M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 15 16 17 18 Prices The Median Sales Price in April was $220,000, up 8.9% from 350 Prices $202,000 in April of 2017 and down 7.9% from $239,000 last The Median Sales Price Sales in April was in $220,000, 8.9% from down month. The Average Price April was up $214,880, 350 300 $202,000 in $224,833 April of 2017 and down 7.9% from $239,000 last 4.4% from in April of 2017 and down 14.5% from month. The last Average Sales Price in April down $251,278 month. April 2018 ASP was was $214,880, at a mid range 300 250 4.4% from $224,833 in 2017 April and of 2017 and down 14.5% from compared to April of 2016. 96.9% 90.8% 3 Mo Avg 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 96.4% 0 0 2 -15% -7% -10% -45% 1% 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 29% 13% -23% 14% $89 -11% 27 29% $81 -21% 55 -23% -15% 10.4 -28% $89 -11% -7% 96.6% -0% 2% -8% -31% 4.6% 28% 27 22% 55 2 4 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price $224,700 $236,303 -15% 4 6 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 0 The Selling Price vs Original Listing Price reveals the average 120% amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more 100% of a Seller's market. The April 2018 Selling Price vs Original 80% List Price of 96.9% was up from 95.4% last month and up from 90.8% in April of last year. 60% Trending versus*: Prior YTD 28% Prior Year 13% 11% YTD $224,700 4% $236,303 22% 14% 6 8 20 were at their lowest level compared to April of 2017 and 2016. 12 April YTD sales of 27 are running 28.6% ahead of last year's year- to-date sales of 21. 10 80 Trending versus*: Prior YTD Prior Year YTD Numb er of Properties Sold 82 89 104 120 100 April 2018 $83 4% 3% -17% -8% $81 -21% -10% 13.0 89% 12% 90% -31% 10.4 -28% -45% Number of 96.6% Properties 99.6% 1.6% 3.1% 5.1% 4.6% -0% Sold 1% April Month's Supply of Inventory 140 Trending versus*: L3M PYM LY * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 3 Mo Avg April Sale Price vs List Price Ratio April Sold Price per Square Foot Selling Price per Square Foot Selling Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 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 0 50 Total Properties Currently for Sale (Inventory) 42 89 134 150 200 250 LM $260,000 0% 4% Other $284,774 Trending 7% versus*: 7% Month LM -8% L3M -2% PYM 9% LY $220,000 $260,000 0% 4% $214,880 -14% -9% -4% $284,774 7% 7% 59% 65 5% $220,000 -8% -2% 11% 5 -44% 9% -17% $214,880 -14% -9% -4% 4% 55 120% 0% -43% 65 5% 59% $98 10% 10% 1% 5 -44% -17% $83 4% 3% -17% 55 120% 0% -43% -15% 13.0 89% 12% 90% $98 10% 10% 1% 2% 99.6% 1.6% 3.1% 5.1% Average List Price of all Current Listings 300 350 100 The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The April 2018 Selling Price per Square Foot of $104 was up 6.2% from $98 last month and up 27.0% from 82 in April of last year. Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con 3 Mo Avg Market Time Title Phone Agent Name Website Title Other City: Port St. Lucie Community Information | School District Days On Market for Sold Properties The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for April was 42, down 38.2% from 68 days last month and down 68.7% from 134 days in April of last year. The April 2018 DOM was at its lowest level compared with April of 2017 and 2016. Agent Name Community Information | School District Port St. Lucie Market Action Report Title Phone Website Other Price Range: All | Properties: SFH - Con City: Port St. Lucie April 2018 Agent Name Market Action Report St. Lucie County County: St Lucie April 2018 Market Action Report 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 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 15 16 17 18 M J Association, J A S Navarre O N Area D Board J F of REALTORS, M A M Emerald J J A Coast S Association O N D of J REALTORS, F M A Pensacola M J J Association A S O of REALTORS N D J and F may M A 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 Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR not reflect all relevant real estate 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. 154 | c o l d w e l l b a n k e r h o m e s . c o m 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 17 18 c o l dw el l b a n k er h o m es . c o m | 155 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.