FL ARCHIVED December 2017 | Page 126

Market Action Report December 2017

ORLANDO

City : Orlando

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,488,000
3 %
-0%
Average List Price of all Current Listings
$ 1,827,113
0 %
-1%
December Median Sales Price
$ 1,350,375
-6%
-4%
16 %
13 %
$ 1,269,360
8 %
6 %
December Average Sales Price
$ 1,347,356
-14%
-6%
8 %
-9%
$ 1,410,153
-2%
-4%
Total Properties Currently for Sale ( Inventory )
113
-5%
-19%
December Number of Properties Sold
11
10 %
120 %
123
50 %
December Average Days on Market ( Solds )
113 -46% -24%
6 %
-31%
165
9 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 298
-8%
-7%
-20% -13%
$ 341
-1%
-1%
December Sold Price per Square Foot
$ 325
2 %
2 %
25 %
19 %
$ 295
8 %
8 %
December Month ' s Supply of Inventory
10.3 -14% -16% -63% -58%
14.7
-40%
-40%
December Sale Price vs List Price Ratio
89.6 %
2.8 %
. 3 %
. 1 %
2.2 %
89.6 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
16
December Property sales were 11 , up 120.0 % from 5 in
December of 2016 and 10.0 % higher than the 10 sales last month . December 2017 sales were at their highest level
Property compared to Sales December of 2016 and 2015 . December YTD sales
December of 123 are Property running 50.0 sales % were ahead 11 , of up last 120.0 year %' s from year-to-date 5 in sales
December of 82 . of 2016 and 10.0 % higher than the 10 sales last month . December 2017 sales were at their highest level compared to December of 2016 and 2015 . December YTD sales of 123 are running 50.0 % ahead of last year ' s year-to-date sales
14
12
16
10
14
8
12
6
10
Number of Properties Sold
3 Mo Avg
of 82 .
4
8
2
6
0
4
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
2
15
16
17
Prices
The Median Sales Price in December was $ 1,350,375 , up 15.9 % from $ 1,165,000 in December of 2016 and down 6.4 % from
$ 1,442,500 last month . The Average Sales Price in December
Prices was $ 1,347,356 , up 8.1 % from $ 1,246,000 in December of 2016
The and Median down 14.0 Sales % from Price $ in 1,566,900 December last was month $ 1,350,375 . December , up 15.9 2017 %
0
J
F M A M J
2,00015
1,800
J
Median Sales Price and Average Sales Price
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
16
17
Median Sales Price and Average Sales Price
J
A
3 Mo Avg
S O N D
3 Mo Avg
from
ASP $ was 1,165,000 at the highest in December level compared of 2016 and to December down 6.4 % of from 2016 and
$
2015 1,442,500 . last month . The Average Sales Price in December
2,000
1,600
was $ 1,347,356 , up 8.1 % from $ 1,246,000 in December of 2016 and down 14.0 % from $ 1,566,900 last month . December 2017
1,800
1,400
ASP was at the highest level compared to December of 2016 and
2015 .
1,600
1,200
1,400 1,000 1,200
3 2
3 2 3 10 8 7 10 8
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 113 , down 5.0 % from 119 last month and down
180 15 16
17 80.0
19.3 % from 140 in December of last year . December 2017 160 70.0
Inventory was & at MSI its lowest level compared with December of 140 Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
The 2016 Total and Inventory 2015 . of Properties available for sale as of 120
December was 113 , down 5.0 % from 119 last month and down
180 100 50.0
40.0 80.0 19.3 % from 140 in December of last year . December 2017 160 80 70.0
Inventory A comparatively was at its lower lowest MSI level is more compared beneficial with for December sellers while of a 140 60
30.0 60.0
2016 higher and MSI 2015 is . better for buyers . The December 2017 MSI of 10.3 120 40
20.0 months was at its lowest level compared with December of 2016 100 20
10.0 50.0 and 2015 . 800
0.0 40.0 30.0
A comparatively lower MSI is more beneficial for sellers while a 60 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 20.0 higher MSI is better for buyers . The December 2017 MSI of 10.3 40 15 16
17 months was at its lowest level compared with December of 2016 20 10.0 and 2015 . 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 .
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139 139
3
Agent Name
Title Phone Website Other
10
143 139
8
139 7 10
143 134
8 11 11
130 139
7 7
131 124
3
Number of Properties Sold
6
116 123
3
135 143
9
159 4 7
154 169
7 7 3 6 3 9 4 7
10 10
6
164
159 8 6
164 151
9
148 9 5
140
138 6 5
143 152
9
157 147
6 8 6 9 9 5 6 5 9 13 14 14
144 140
14
135 8
126 117
13 14 14 14 8
11 11
8 8
119
113 10 11
10 11
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
139 139 143 139 139 143 134 130 139 131 124 116 123 135 143 159 154 169 164 159 164 151 148 140 138 143 152 157 147 144 140 135 126 117
3 Mo Avg
119 113