FL ARCHIVED December 2017 | Page 124

Market Action Report December 2017 County: Orange ORANGE COUNTY Market Action Report Agent Name December 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other 0% $1,599,999 0% County: Orange Information | School District Community Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price all Current Listings Price Range: $1,000,000 and Up of | Properties: SFH - Con Trending versus*: Prior YTD Prior Year YTD Trending versus*: $2,245,271 3% Trending versus*: 4% Month LM LY YTD Prior $1,431,000 0% L3M -1% PYM 21% 3% $1,422,500 4% YTD Prior 3% Year $1,599,999 0% 0% $1,790,939 -1% 3% 35% 7% $1,736,885 6% 3% Average List Price Currently of all Current Listings $2,245,271 3% 4% Total Properties for Sale (Inventory) 383 -5% -7% December Price $1,431,000 0% -1% 21% 4% 3% December Median Number Sales of Properties Sold 38 31% 73% 3% $1,422,500 410 29% December $1,790,939 3% 35% 7% $1,736,885 6% 3% December Average Average Sales Days Price on Market (Solds) 132 -1% 20% 14% 20% -16% 139 -10% -11% Total Properties for Sale (Inventory) 383 -5% -7% 15% Asking Price per Currently Square Foot (based on New Listings) $421 -8% -1% 11% $382 3% 4% December of Properties 38 31% 410 29% December Number Sold Price per Square Sold Foot $371 9% 4% 73% 21% 13% $341 4% 4% December Average Days on Market (Solds) 132 20% 14% 20% -16% 139 -10% -11% December Month's Supply of Inventory 10.1 -27% -13% -46% -44% 13.6 -24% -24% Asking Price Sale per Price Square (based on New Listings) $421 -2.5% -8% -2.1% -1% 11% $382 3% 4% December vs Foot List Price Ratio 89.6% -.1% 15% -.3% 91.0% 1% 1% * LM=Last Month Sold / L3M=Last 3 Months December Price per / PYM=Same Square Month Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date $371 9% 4% 21% 13% $341 4% 4% December Month's Supply of Inventory 10.1 -27% -13% -46% -44% 13.6 -24% -24% Number of Properties Sold December Price vs List Price Ratio 89.6% -2.5% -2.1% -.1% -.3% 91.0% 1% 1% Property Sale Sales Average List Price of all Current Listings Market Profile & Sales Trends Overview December Median Price Median List Price of all Current December Average Sales Price Listings 60 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Property sales were 38, up 72.7% from 22 in December of 2016 and 31.0% higher than the 29 sales last 50 month. December 2017 sales were at their highest level Property Sales compared to December of 2016 and 2015. December YTD sales 60 40 December sales were 38, of up 72.7% from 22 in of 410 are Property running 29.3% ahead last year's year-to-date sales December of 2016 and 31.0% higher than the 29 sales last of 317. 50 30 month. December 2017 sales were at their highest level 31 25 24 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 16 17 2,100 15 1, 900 Median Sales Price and Average Sales Price 3 Mo Avg 2,100 1,700 1,900 1,500 1,300 1,700 1,100 600 500 400 600 300 500 200 400 100 300 0 200 100 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) 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 30.0 Total Inventory & Month's Supply of Inventory (MSI) 1,300 Inventory & MSI 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 1,100 1,500 The Total Inventory of Properties available for sale as of December was 383, down 4.7% from 402 last month and down 7.3% from 413 in December of last year. December 2017 Inventory & at MSI Inventory was a mid level compared with December of 2016 and Total 2015. Inventory of Properties available for sale as of The December was 383, down 4.7% from 402 last month and down 7.3% from 413 in December of last year. December 2017 A comparatively MSI compared is more beneficial for sellers Inventory was at a lower mid level with December of while 2016 a higher MSI is better for buyers. The December 2017 MSI of 10.1 and 2015. months was at its lowest level compared with December of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2017 MSI of 10.1 months was at its lowest level compared with December of 2016 and 2015. 30 10 10 Prices 3 Mo Avg 40 20 20 0 The Median Sales Price in December was $1,431,000, up 21.5% from $1,178,000 in December of 2016 and up 0.1% from $1,430,000 last month. The Average Sales Price in December Prices was $1,790,939, up 35.3% from $1,323,726 in December of 2016 The Sales from Price $1,800,495 in December $1,431,000, up 21.5% and Median down 0.5% last was month. December 2017 from in December of 2016 and up 0.1% from ASP $1,178,000 was at the highest level compared to December of 2016 and $1,430,000 last month. The Average Sales Price in December 2015. was $1,790,939, up 35.3% from $1,323,726 in December of 2016 and down 0.5% from $1,800,495 last month. December 2017 ASP was at the highest level compared to December of 2016 and 2015. Number of Properties Sold compared to December of 2016 and 2015. December YTD sales of 410 are running 29.3% ahead of last year's year-to-date sales of 317. 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 0 25.0 20.0 30.0 15.0 25.0 10.0 20.0 5.0 15.0 0.0 10.0 5.0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 15 16 17 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 REALT 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 124 | coldwellbankerluxury.com 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 REAL 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.