FL ARCHIVED December 2017 | Page 162

Market Action Report County: Orange Orange County Agent Name Market Action Report County: Orange December 2017 Title Phone Agent Name Website Title Other December 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $336,250 Other Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY 3% 14% $547,351 Trending 6% versus*: 17% Month LM 6% L3M 3% PYM 11% LY $255,000 $336,250 3% 10% 5% 14% 21% $318,372 $547,351 3,796 6% -15% 17% -25% $255,000 1,628 6% 10% 3% 11% -3% 16% $318,372 10% 5% 21% 20% 62 2% 7% 2% 3,796 $157 -15% -2% -25% 0% 13% 1,628 10% -3% $147 5% 3% 14% 62 2% 7% 2% -3% 2.3 -23% -17% -23% $157 -2% 0% 13% 12% 95.4% .2% -.0% -.2% Average List Price of all Current Listings Market Profile & Trends Overview December Median Sales Price Median List Average Price of all Current December Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) December Sales Price December Median Number of Properties Sold December Sales Price December Average Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) December Number of Properties Sold December Sold Price per Square Foot December Average Days on Market (Solds) December Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) December Sale Price vs List Price Ratio December Sold Price per Square Foot $147 5% 3% 14% 2.3 -23% -17% -23% 95.4% .2% -.0% -.2% December Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 2,500 December Property sales were 1,628, down 2.6% from 1,672 in December of 2016 and 9.9% higher than the 1,481 sales last Property Sales 2017 sales were at their lowest level month. December 2,500 2,000 December sales were 1,628, down 2.6% from 1,672 in sales compared Property to December of 2016 and 2015. December YTD December 2016 and 9.9% the year's 1,481 sales last of 19,933 of are running 1.6% higher ahead than of last year-to-date 2,000 1,500 month. sales of December 19,628. 2017 sales were at their lowest level compared to December of 2016 and 2015. December YTD sales of 19,933 are running 1.6% ahead of last year's year-to-date sales of 19,628. Trending versus*: Prior YTD 9% Prior Year 9% 16% YTD $240,000 20% $294,055 11% 11% $240,000 19,933 9% $294,055 11% -3% 58 2% 9% -8% 11% 9% 10% -9% -15% 9% 0% 12% $152 19,933 2% 17% $139 58 -8% -35% 3.1 $152 9% -.2% 95.9% -9% 9% 10% -15% 0% 17% $139 10% 10% -35% 3.1 -15% -15% Number of 95.9% Properties -.2% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 1,500 1,000 1,731 1,342 1,858 1,797 Median Sales Price and Average Sales Price 3 Mo Avg 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 15 16 17 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 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 5.0 4.0 0 6.0 6.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 8,000 December was 3,796, down 15.1% from 4,469 and The Total Inventory of Properties available for sale last as month of 8,000 7,000 down 25.0% December of last year. December December was from 3,796, 5,059 down in 15.1% from 4,469 last month and 7,000 6,000 2017 25.0% Inventory at in its December lowest level compared with December down from was 5,059 of last year. December 2017 Inventory was at its lowest level compared with December 6,000 5,000 of 2016 and 2015. of 2016 and 2015. 5,000 4,000 4,000 3,000 A comparatively lower MSI is more beneficial for sellers while 3,000 a 2,000 A higher comparatively lower for MSI buyers. is more The beneficial for sellers a 2.3 MSI is better December 2017 while MSI of 2,000 1,000 higher MSI is better for buyers. The December 2017 MSI of 2.3 months was at its lowest level compared with December of 2016 months was at its lowest level compared with December of 2016 1,000 0 and 2015. and 2015. 350 330 310 290 270 250 230 210 190 170 150 9.8% from $289,977 last month. December 2017 AS P was at the 290 270 highest level compared to December of 2016 and 2015. 250 230 210 190 170 150 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 15 16 17 J F M A M J J A S Median O N D J Sales F M A Price M J J and A S O Average N D J F Sales M A M Price J J A S O N D 3 Mo Avg 15 16 17 Prices The Median Sales Price in December was $255,000, up 10.9% from $230,000 in December of 2016 and up 5.8% from Prices The Median last Sales Price in The December $255,000, 10.9% was $241,000 month. Average was Sales Price in up December 350 from $230,000 in December of 2016 and up 5.8% from $318,372, up 20.9% from $263,306 in December of 2016 and up 330 $241,000 last $289,977 month. The Price in 2017 December was at the 9.8% from last Average month. Sales December ASP was $318,372, up 20.9% from $263,306 in December of 2016 and up 310 highest level compared to December of 2016 and 2015. 0 0 500 1,000 500 3.0 2.0 1.0 0.0 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 5.0 4.0 3.0 2.0 1.0 0.0 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 15 16 17 15 16 17 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of County, Martin County, Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Assoc Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REALTO 162 | c o l d w e l l b a n k e r h o m e s . c o m 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.