FL ARCHIVED December 2017 | Page 132

Market Action Report December 2017 County: Seminole SEMINOLE Market Action Report COUNTY Agent Name December 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other -6% $1,400,000 -4% County: Seminole Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Price Range: $1,000,000 and Up of | Properties: SFH - Con Median List Price all Current Listings Average List Price of all Current Listings $1,680,776 Market Profile & Sales Trends Overview Month December Median Price $1,320,000 Median List Price of all Current Listings $1,400,000 December Average Sales Price $1,835,000 Average List Price of all Current Listings $1,680,776 Total Properties Currently for Sale (Inventory) 63 December Median Sales Price $1,320,000 4 December Number of Properties Sold December Average Sales Price $1,835,000 December Average Days on Market (Solds) 112 Total Properties Currently for Sale (Inventory) 63 Asking Price per Square Foot (based on New Listings) $280 December Number of Properties Sold December Sold Price per Square Foot $270 4 December Average Days on Market (Solds) 112 December Month's Supply of Inventory 15.8 Asking Price per Square Foot (based on New Listings) $280 December Sale Price vs List Price Ratio 87.7% December Price per / PYM=Same Square Month Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date $270 * LM=Last Month Sold / L3M=Last 3 Months YTD 2% Trending versus*: 2% LM LY 8% L3M 13% PYM 14% 10% Trending versus*: Prior YTD Prior Year Trending versus*: YTD Prior $1,215,000 1% YTD Prior 1% Year $1,353,225 1% 1% -6% -4% 50% 30% 55% 37% 2% 2% -3% 31% 8% 13% 14% 1% -33% 0% 10% $1,215,000 35 0% 50% 30% 55% 37% $1,353,225 1% -44% -25% 286% 12% 159 66% -3% 31% -3% 3% 35% 5% $263 -1% -33% 0% 14% 35 0% 26% 17% 10% $243 1% -44% -25% 286% 12% 159 66% 45% -46% 31% -45% 33.0 15% -3% -1.4% 3% -10.8% 35% -2.7% 5% $263 -1% -1.8% 87.8% -3% 26% 17% 10% 14% $243 1% 15.8 45% -46% 31% -45% 33.0 15% Number of Properties Sold 87.7% -1.8% -1.4% -10.8% -2.7% 87.8% -3% December Month's Supply of Inventory December Sale Price vs List Price Ratio Property Sales 1% 1% 59% -1% 2% 59% 15% -1% -3% 2% 15% -3% 3 Mo Avg 3 8 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 2,400 15 16 17 2,200 Median Sales Price and Average Sales Price 2,000 2,400 1,800 2,200 1,600 2,000 1,400 1,800 1,200 1,600 1,000 1,400 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 1,200 Inventory & MSI 0 Prices The Median Sales Price in December was $1,320,000, up 13.7% from $1,160,565 in December of 2016 and up 7.8% from $1,225,000 last month. The Average Sales Price in December Prices was $1,835,000, up 54.9% from $1,184,888 in December of The Median Price in $1,221,667 December was $1,320,000, up 13.7% 2016 and up Sales 50.2% from last month. December from December of 2016 and up to 7.8% from of 2017 $1,160,565 ASP was at in the highest level compared December $1,225,000 last month. The Average Sales Price in December 2016 and 2015. was $1,835,000, up 54.9% from $1,184,888 in December of 2016 and up 50.2% from $1,221,667 last month. December 2017 ASP was at the highest level compared to December of 2016 and 2015. 9 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Property sales were 4, equal to 4 in December of 2016 8 and 33.3% lower than the 6 sales last month. December 2017 3 Mo Avg Number of Properties Sold sales were at their highest level compared to December of 2016 7 Property Sales 9 and 2015. December YTD sales of 35 are running equal to last 6 December Property sales were year's year-to-date sales of 35. 4, equal to 4 in December of 2016 8 and 33.3% lower than the 6 sales last month. December 2017 5 sales were at their highest level compared to December of 2016 7 4 and 2015. December YTD sales of 35 are running equal to last 6 3 year's year-to-date sales of 35. 5 2 4 1 3 0 2 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 1 15 1,000 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 90 90.0 80 80.0 70 70.0 Total Inventory & Month's Supply of Inventory (MSI) 60 60.0 90 90.0 50 50.0 80 80.0 40 40.0 70 70.0 30 30.0 60 60.0 20 20.0 50 50.0 10 10.0 40 0 40.0 0.0 30 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 30.0 20 15 20.0 16 17 10 10.0 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 The Total Inventory of Properties available for sale as of December was 63, down 3.1% from 65 last month and up 31.3% from 48 in December of last year. December 2017 Inventory Inventory & MSI was at its highest level compared with December of 2016 and The Total Inventory of Properties available for sale as of 2015. December was 63, down 3.1% from 65 last month and up 31.3% from 48 in December of last year. December 2017 Inventory A comparatively lower compared MSI is more beneficial for of sellers was at its highest level with December 2016 while and a higher MSI is better for buyers. The December 2017 MSI of 15.8 2015. months was at its highest 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 15.8 months was at its highest level compared with December of 2016 and 2015. 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 132 | 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.