FL ARCHIVED April 2018 | Page 86

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

County : Charlotte 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
$ 274,150
0 %
10 %
Average List Price of all Current Listings
$ 346,004
1 %
8 %
April Median Sales Price
$ 222,750
4 %
6 %
17 %
12 %
$ 210,000
11 %
5 %
April Average Sales Price
$ 252,780
2 %
3 %
9 %
8 %
$ 245,262
7 %
5 %
Total Properties Currently for Sale ( Inventory )
2,072
-9%
-12%
April Number of Properties Sold
544
-3%
12 %
1,867
6 %
April Average Days on Market ( Solds )
71 -10% -5%
-8%
-11%
75
-3%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 155
-3%
-1%
13 %
7 %
$ 157
9 %
8 %
April Sold Price per Square Foot
$ 142
0 %
2 %
8 %
7 %
$ 140
7 %
5 %
April Month ' s Supply of Inventory
3.8
-6% -14% -22% -24%
5.0
-15%
-1%
April Sale Price vs List Price Ratio
94.4 %
. 3 %
. 2 %
. 6 %
. 5 %
94.2 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
600
April Property sales were 544 , up 11.7 % from 487 in April of
2017 and 2.5 % lower than the 558 sales last month . April 2018
Property sales were Sales at their highest level compared to April of 2017 and
600
500
April
2016 Property . April YTD sales sales were of 544 1,867 , up 11.7 are % running from 487 6.1 in % April ahead of of last
2017 year and ' s year-to-date 2.5 % lower than sales the of 1,759 558 sales . last month . April 2018
500 sales were at their highest level compared to April of 2017 and
400
2016 . April YTD sales of 1,867 are running 6.1 % ahead of last year ' s year-to-date sales of 1,759 .
400
300
300
200

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
524 481 484 406 442
Number of Properties Sold
100
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 222,750 , up 17.2 % from
M
15
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
Prices
$ 190,000 in April of 2017 and up 4.1 % from $ 213,950 last
The month Median . The Sales Average Price Sales in April Price was in $ 222,750 April was , up $ 17.2 252,780 % from , up 9.1 %
$ from 190,000 $ 231,649 in April in of April 2017 of and 2017 up and 4.1 % up from 2.4 $ % 213,950 from $ last 246,762 last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The April Average 2018 Sales ASP was Price at in the April highest was $ level 252,780 compared , up 9.1 % to from $ 231,649 in April of 2017 and up 2.4 % from $ 246,762 last
270
April of 2017 and 2016 . month . April 2018 ASP was at the highest level compared to
250
250
230
April of 2017 and 2016 .
230
210
210
190
190
170
170
150
150
M
M
J
15
J
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
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
The was Total 2,072 Inventory , down 8.7 of % Properties from 2,269 available last month for sale and as of down April 12.3 %
3,000 was from 2,072 2,363 , down in April 8.7 % of from last 2,269 year . last April month 2018 and Inventory down 12.3 was % at its
3,000
2,500 from lowest 2,363 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its
2,500 lowest level compared with April of 2017 and 2016 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
2,000
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The April 2018 MSI of 3.8 higher MSI is better for buyers . The April 2018 MSI of 3.8
500
2.0 months was at its lowest level compared with April of 2017 and
500 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
441
524 481 484 406 442 441 333 444 319 380 431 533 510 519 456 451 427 388 385 385 331 396 545 487 559 503 450 454 361 363 379 472 339 426 558 544
1,958 1,832 1,771 1,702 1,697 1,769
1,958 1,832 1,771 1,702 1,697 1,769 1,881 1,985 333 444 319 380
1,881
2,177 2,300 1,985 2,338
2,187
431
Number of Properties Sold
533 510
2,177 2,300 2,338 2,187 2,058 519 456 451
1,989 1,927 1,902
2,058 1,989 1,927 1,902 1,932 2,078
2,275 427 388
1,932 2,339 2,078
385 385 331 396
2,275
2,339 2,507 2,558 2,479 545 487 559
2,507 2,558 2,479 2,363 2,225 2,115 1,944 1,857 1,836
503
2,363 2,225 2,115
1,944 450 454
1,946 2,059 2,098
361 363
2,286 2,285 2,269
1,857 1,836 1,946
3 Mo Avg
379
2,072 472 339
2,059
2,098 2,286 2,285
3 Mo Avg
426 558
2,269 2,072
544
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
44 | 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 .