FL ARCHIVED December 2017 | Page 38

Market Action Report December 2017 City: Osprey OSPREY Market Action Report Agent Name December 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other -2% $1,695,000 -20% City: Osprey 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 YTD Trending versus*: Prior YTD Prior Year versus*: Trending versus*: $2,280,158 0% Trending -31% Month -51% LM L3M PYM -23% LY YTD Prior YTD Prior Year $1,050,000 -9% -13% $1,125,000 -17% -17% $1,695,000 -2% -20% $1,133,333 -47% -26% -6% -20% $1,366,100 -4% -4% Average List Price Currently of all Current Listings $2,280,158 0% -31% Total Properties for Sale (Inventory) 35 -8% 3% December Price $1,050,000 3 -51% -17% December Median Number Sales of Properties Sold 50% -9% -13% 200% -23% $1,125,000 20 -17% 5% December $1,133,333 -6% -20% -4% -4% December Average Average Sales Days Price on Market (Solds) 288 -47% 118% -26% 28% 893% 17% $1,366,100 172 -30% -30% Total Properties for Sale (Inventory) 35 -28% -8% -24% -50% 3% -37% Asking Price per Currently Square Foot (based on New Listings) $334 $475 -20% -11% December of Properties 50% -12% 200% 20 5% December Number Sold Price per Square Sold Foot $292 3 -26% -26% -11% $363 11% 11% December Average Days on Market (Solds) 288 118% 28% 893% 17% 172 -30% -30% December Month's Supply of Inventory 11.7 -39% -24% -66% -52% 23.5 -3% -3% Asking Price Sale per Price Square (based on New Listings) $334 -28% -37% $475 -20% -11% December vs Foot List Price Ratio 83.2% -2.7% -24% -1.1% -50% -13.3% -3.9% 87.5% 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 $292 -26% -12% -26% -11% $363 11% 11% December Month's Supply of Inventory 11.7 -39% -24% -66% -52% of Properties 23.5 Sold -3% -3% Number December Sale Price vs List Price Ratio 83.2% -2.7% -1.1% -13.3% -3.9% 87.5% 1% 1% Property 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 6 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Property sales were 3, up 200.0% from 1 in December of 2016 and 50.0% higher than the 2 sales last month. 5 December 2017 sales were at their highest level compared to Property Sales 6 December of 2016 and 2015. December YTD sales of 20 are 4 December Property were 3, up 200.0% from 1 in running 5.3% ahead sales of last year's year-to-date sales of December 19. of 2016 and 50.0% higher than the 2 sales last month. 5 3 December 2017 sales were at their highest level compared to December of 2016 and 2015. December YTD sales of 20 are running 5.3% ahead of last year's year-to-date sales of 19. 3 Mo Avg Number of Properties Sold 3 Mo Avg 4 2 5 1 Median Sales Price and Average Sales Price 2,200 3 Mo Avg 2,000 2,400 1,800 2,200 1,600 2,000 1,400 1,800 1,200 1,600 1,000 1,400 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 1,000 Total Inventory & Month's Supply of Inventory (MSI) 10 30.0 50.0 20.0 40.0 0 20 10 30 20 40 40.0 Total Inventory & Month's Supply of Inventory (MSI) 30 50 40 50 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 50.0 The Total Inventory of Properties available for sale as of December was 35, down 7.9% from 38 last month and up 2.9% from 34 in December of last year. December 2017 Inventory Inventory & MSI was at its highest level compared with December of 2016 and 2015. The Total Inventory of Properties available for sale as of December was 35, down 7.9% from 38 last month and up 2.9% from 34 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 11.7 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 11.7 months was at its lowest level compared with December of 2016 and 2015. 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 1,200 Inventory & MSI Median Sales Price and Average Sales Price 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 Prices The Median Sales Price in December was $1,050,000, down 12.5% from $1,200,000 in December of 2016 and down 50.6% from $2,125,000 last month. The Average Sales Price in Prices December was $1,133,333, down 5.6% from $1,200,000 in The Median of Sales December was $1,050,000, down December 2016 Price and in down 46.7% from $2,125,000 last 12.5% from $1,200,000 December of 2016 down 50.6% to month. December 2017 in ASP was at the lowest and level compared from $2,125,000 last month. December of 2016 and 2015. The Average Sales Price in December was $1,133,333, down 5.6% from $1,200,000 in December of 2016 and down 46.7% from $2,125,000 last month. December 2017 ASP was at the lowest level compared to December of 2016 and 2015. 2 0 3 1 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 10.0 30.0 0.0 20.0 10.0 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 38 | 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.