FL ARCHIVED February 2018 | Page 128

Community Information | School District
Market Action Report February 2018

City : Siesta Key Price Range : All | Properties : SFH - Con

Siesta

Agent Name

Key

Title Phone Website Other

Community Information | School District

400
Days On Market for Sold Properties
Market Time
500
The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
450
trend in DOM tends to indicate a move towards more of a
400
Buyer ' s market , a downward trend a move towards more of a
350
Seller ' s market . The DOM for February was 0 , up from 0 days last month and up from 0 days in February of last year . The
February 2018 DOM was at its lowest level compared with
300
250
February of 2017 and 2016 .
200
150
100
50
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and
550
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
500
more normalized indicator on the direction of Property values .
The February 2018 Selling Price per Square Foot of $ 0 was up
450
from $ 0 last month and up from 0 in February of last year .
3 Mo Avg
350
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 0.0 % was up from 0.0 % last month and up from 0.0 % in February of last year .
Inventory / New Listings / Sales 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 0 , down 100.0 % from 4 last month and up from 0 in February of last year .
300
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
10 9 8 7 6 5 4 3 2 1 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
15
16
17
18
Selling Price versus Listing Price Ratio
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
Inventory / New Listings / Sales
9
8
7
Avg Selling Price divided by Avg Listing Price for sold properties during the month
4 4 4 4 4
2 2 2 2 3 3 4 4 4
2
1
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
2
1 1 1 1 1 3 3
3 Mo Avg
2 2 2 2 2 2 2
6
4
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 REALTORS 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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