FL ARCHIVED December 2017 | Page 44

Market Action Report
December 2017
City: Venice
VENICE
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%
$1,570,000
-12%
City: Venice 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
$1,966,574
Month
$2,740,000
$1,570,000
$2,740,000
Average
List Price Currently
of all Current
Listings
$1,966,574
Total Properties
for Sale
(Inventory)
19
December
Price
$2,740,000 1
December Median
Number Sales
of Properties
Sold
December
$2,740,000
December Average
Average Sales
Days Price
on Market (Solds)
259
Total
Properties
for Sale
(Inventory)
19
Asking
Price per Currently
Square Foot
(based
on New Listings)
$671
December
Number
of
Properties
Sold
December Sold Price per Square Foot
$496 1
December
Average
Days
on
Market
(Solds)
259
December Month's Supply of Inventory
19.0
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$671
December Sale Price vs List Price Ratio
78.3%
* 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
$496
December Month's Supply of Inventory
19.0
December
Sale
Price
vs
List
Price
Ratio
78.3%
Property Sales
Trending versus*:
Prior YTD Prior Year
versus*:
Trending versus*:
-7% Trending -20%
LM L3M
LY
YTD
Prior
YTD Prior
Year
44% PYM
38% 69%
$1,425,000
-12%
-12%
0% 44% -12%
38% 75% $1,868,333
19%
19%
-7%
-20%
27%
27%
44% 38%
-12%
0% 69% $1,425,000 9 -12%
13%
44%
75% $1,868,333
19%
19%
14% 38% 144%
173
63%
63%
27%
22% 3% 27%
13% 26%
$531
-4%
0%
0% 19%
13%
13% 12%
$524 9
26%
26%
173
63%
63%
0% 14%
0% 27% 144%
121%
13.6
58%
58%
22% -6.0%
3% -21.7%
13% -14.1%
26%
$531
-4%
0%
90.8%
-0%
-0%
13% 12% 19%
$524
26%
26%
0% 0% 27%
121% of Properties
13.6 Sold
58%
58%
Number
-6.0% -21.7% -14.1%
90.8%
-0%
-0%
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
4
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Property sales were 1, equal to 1 in December of 2016
and higher than the 0 sales last month. December 2017 sales
3
were at their highest level compared to December of 2016 and
Property
Sales YTD sales of 9 are running 12.5% ahead of last 4 3
2015. December
December
Property sales
were
year's year-to-date
sales of
8. 1, equal to 1 in December of 2016
and higher than the 0 sales last month. December 2017 sales
3 2
were at their highest level compared to December of 2016 and
3 2
2015. December YTD sales of 9 are running 12.5% ahead of last
year's year-to-date sales of 8.
YTD
3 Mo Avg
Number of Properties Sold
3 Mo Avg
2 1
-1
1
1
1 0
2 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
2
15.0
15
5
Total Inventory & Month's Supply of Inventory (MSI)
15
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
20.0
10.0
15.0
5.0
10.0
0.0
5
10
0
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
20.0
20
20
10
1,000
Inventory & MSI
The Total Inventory of Properties available for sale as of
December was 19, up 26.7% from 15 last month and up 26.7%
from 15 in December of last year. December 2017 Inventory was
Inventory
MSI
at its highest & level
compared with December of 2016 and 2015.
The Total Inventory of Properties available for sale as of
December was 19, up 26.7% from 15 last month and up 26.7%
from 15 in December of last year. December 2017 Inventory was
comparatively
MSI is
more
beneficial
sellers
at A its
highest level lower
compared
with
December
of for
2016
and while
2015. a
higher MSI is better for buyers. The December 2017 MSI of 19.0
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 19.0
months was at its highest level compared with December of
2016 and 2015.
Median Sales Price and Average Sales Price
0
3 Mo Avg
2,800 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
-1 15
16
17
2,600
Median Sales Price and Average Sales Price
2,400
3 Mo Avg
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
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
1,400
15
16
17
1,200
Prices
The Median Sales Price in December was $2,740,000, up 38.2%
from $1,983,160 in December of 2016 and up from $0 last
month. The Average Sales Price in December was $2,740,000,
Prices
up 38.2% from $1,983,160 in December of 2016 and up from
The
Median
Sales December
Price in December
38.2%
$0 last
month.
2017 ASP was $2,740,000,
at the highest up
level
from
$1,983,160
in December
of and
2016 2015.
and up from $0 last
compared
to December
of 2016
month. The Average Sales Price in December was $2,740,000,
up 38.2% from $1,983,160 in December of 2016 and up from
$0 last month. December 2017 ASP was at the highest level
compared to December of 2016 and 2015.
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
44 | 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.