FL ARCHIVED February 2018 | Page 118

Agent Name Title Phone Agent Name Website Title Other February 2018 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM $449,000 1% 5% Other $1,007,471 Trending 4% versus*: 11% Month LM 2% L3M -4% PYM 7% LY $327,500 $449,000 1% 10% 9% 5% 7% $572,077 $1,007,471 2,580 4% -0% 11% -9% $327,500 255 2% -9% -4% 7% -30% 1% $572,077 10% 9% 7% 21% 80 -2% -1% -8% 2,580 -0% -9% $259 2% 4% 7% 255 -9% -30% $213 -3% 0% 4% 80 -2% -1% -8% -4% 10.1 10% 15% 31% $259 2% 4% 7% 10% 91.2% -1.0% -.5% .0% $321,500 $543,969 -4% 10% 6% 46% -.4% -1% 15% 11% 4% 536 11% 81 $256 -23% -1% -6% 15% 8% Selling Price per Square Foot 250 240 230 220 210 200 190 180 170 160 150 213 185 503 359 Median Sales Price and Average Sales Price 550 3 Mo Avg Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The February 2018 Selling Price vs Original List Price of 91.2% was down from 92.1% last month and equal to 91.2% in February of last year. 93% 93% 92% 91.7% 92% 91.2% 90% 500 450 90% 450 400 89% 400 350 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 J F 15 16 17 18 1,500 A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000 A higher comparatively lower MSI is more The beneficial for sellers while of a 10.1 MSI is better for buyers. February 2018 MSI 1,000 higher MSI is better for buyers. February with 2018 MSI of 10.1 months was at its highest level The compared February of 2017 500 500 months was at its highest level compared with February of 2017 0 and 2016. 0 and 2016. 6.0 2.0 0.0 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 J F 18 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 J F 15 16 17 15 16 17 18 . 8.0 4.0 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con 118 | c 10.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 2,000 12.0 Total Inventory & Month's Supply of Inventory (MSI) 2,500 3,500 3,000 Total Inventory & Month's Supply of Inventory (MSI) 3,500 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 J F 18 M A 15 M J J A S O N D J F M 16 A M J J A S O N D J F M 17 A M J J A S O N D J F 15 16 17 18 This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in February 2018 was 638, down 12.8% from 732 last month and down 10.3% from 711 in February of last year. The Total Inventory Inventory & MSI of Properties available for sale as of Inventory / New Listings / Sales Inventory / New Listings / Sales 300 250 350 300 February was 2,580, down 0.1% available from 2,583 last as month and The Total Inventory of Properties for sale of down 8.9% 2,833 February of last last year. February February was from 2,580, down in 0.1% from 2,583 month and 2018 3,500 3,000 down 8.9% from 2,833 in February of last year. with February 2018 Inventory was at its lowest level compared February of 3,000 2,500 Inventory at its lowest level compared with February of 2017 and was 2016. 2,500 2,000 2017 and 2016. 2,000 91.2% 91% 91% 500 Inventory & MSI 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 600 250 3 Mo Avg 205 10.3% from $518,461 last month. February 2018 ASP was at the highest level compared to February of 2017 and 2016. The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The February 2018 Selling Price per Square Foot of $213 was down 2.7% from $219 last month and up 4.0% from 205 in February of last year. The Median Sales Price in February was $327,500, up 6.9% Prices from $306,250 in February of 2017 and up 2.3% from The Median last Sales month. Price in The February was Sales $327,500, up February 6.9% $320,000 Average Price in was 600 from $306,250 in February of 2017 and up 2.3% from $572,077, up 6.7% from $535,955 in February of 2017 and up $320,000 last $518,461 month. The Price in February was at the 550 10.3% from last Average month. Sales February 2018 ASP was $572,077, up 6.7% from $535,955 in February 2017 and up highest level compared to February of 2017 of and 2016. 3 Mo Avg M A M J J A S O N D J F M A Sales M J J Price A S O and N D Average J F M A Sales M J J Price A S O N D J F Median 3 Mo Avg 15 16 17 18 Pri