FL ARCHIVED February 2018 | Page 154

Price Range: All | Properties: SFH - Con
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List
Price
of
all
Current
February Average Sales Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
February Average Sales Price
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
February Sold Price per Square Foot
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
$81 -2% 7% -18%
15.0 100% 43% 253%
98.3% 6.6% 6.5% 1.3%
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
100.6%
98.6%
100%
93.2%
Prices
60%
40%
20%
from $246,910 last month. February 2018 ASP was at the
highest level compared to February of 2017 and 2016.
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
250
200
Inventory / New Listings / Sales
Inventory / New Listings / Sales
150
120
100
60
100
80
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
February
was 60, equal
to 60 last
month for
and
up as 76.5%
from 34
The
Total Inventory
of Properties
available
sale
of
in February
of last
year.
February
2018
a mid 70
February
was 60,
equal
to 60
last month
and Inventory
up 76.5% was
from at 34
in level
February
of last with
year. February
February of 2018
was at a mid
compared
2017 Inventory
and 2016.
60
15
17
16
The Median Sales Price in February was $222,000, up 24.9%
350
Prices
from $177,700 in February of 2017 and up 1.7% from $218,350
The
in February
was in
$222,000,
24.9%
last Median
month. Sales
The Price
Average
Sales Price
February up
was
$213,500,
350 300
from
$177,700
February in of February
2017 and of up 2017
1.7% and
from
$218,350
up 7.5%
from in
$198,613
down
13.5%
last
month.
The Average
Sales February
Price in February
was was
$213,500,
from
$246,910
last month.
2018 ASP
at the
300 250
up
7.5% from
in to
February
of 2017
and and
down
13.5%
highest
level $198,613
compared
February
of 2017
2016.
80%
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
M A M J J A S O N D Median
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
0
0
2
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
2
4
3 Mo Avg
4
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
6
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
3 Mo Avg
6
8
0
3 Mo Avg
8
10
20
12
2018 sales were at their lowest level compared to February of
2017 and 2016. February YTD sales of 12 are running 33.3%
ahead of last year's year-to-date sales of 9.
40
22%
-13%
-11%
-41%
-1%
Number of Properties Sold
72
79
16
February Property sales were 4, down 50.0% from 8 in February
14
of 2017 and 50.0% lower than the 8 sales last month. February
Property
2018 sales Sales
were at their lowest level compared to February of 16
12
February
sales were YTD
4, down
from running
8 in February
2017 and Property
2016. February
sales 50.0%
of 12 are
33.3%
14
of ahead
2017 and
50.0%
lower
than
the
8
sales
last
month.
February
of last year's year-to-date sales of 9.
10
97
24%
12
22%
82
-12%
$82
-23%
-11%
-21%
11.3 -49%
-41%
Number of 94.2%
Properties
3.3%
-3% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
140
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 120
more normalized indicator on the direction of Property values.
100
The February 2018 Selling Price per Square Foot of $72 was
80
down 23.9% from $95 last month and down 8.2% from 79 in
February of last year.
60
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
February Average Days on Market (Solds)
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
-10%
-12%
-21%
3.3%
0
33% 10%
37% 13%
$84
-18%
12
33%
$82
-23%
82
37%
22%
11.3 -49%
$84
-18%
-13%
94.2%
-3%
35
$218,350
$235,774
45%
61
February
Sales
Price
February Median
Number
of Properties
Sold
84
Trending versus*:
Prior YTD Prior Year
YTD
Trending versu s*:
150
Selling Price per Square Foot
February 2018
Prior YTD 24%
Prior Year 10%
12% YTD
$218,350
2%
$235,774
22%
13%
200
50
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 33, up 6.5% from 31 last month and up
135.7% from 14 in February of last year.
$260,000
0%
11%
Other
$272,395 Trending
1% versus*: 1%
Month
LM 2%
L3M -1%
PYM 25%
LY
$222,000
$260,000
0%
11%
$213,500 -14% -12% 7%
$272,395 1%
1% 76%
60 0%
$222,000 2%
-1%
25%
12%
4 -50%
-50%
$213,500 -14%
-12%
7%
2%
97 29% 26% 47%
60 0%
76%
$86 4% 4% -16%
4 -50%
-50%
$81 -2% 7% -18%
97 29% 26% 47% 45%
15.0 100% 43% 253%
$86 4% 4% -16% -10%
98.3% 6.6% 6.5% 1.3%
Average List Price of all Current Listings
250
Trending versus*:
L3M PYM
LY
300
LM
350
100
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 93.2% was up from 90.3% last month and down
from 98.6% in February of last year.
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
3 Mo Avg
Market Time
Title
Phone
Agent
Name
Website
Title Other
City: Port St. Lucie Community Information | School District
Days On Market for Sold Properties
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for February was 84, up 10.5% from
76 days last month and up 37.7% from 61 days in February of last
year. The February 2018 DOM was at a mid level compared with
February of 2017 and 2016.
Agent Name
Community Information | School District
Port St. Lucie
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Port St. Lucie
February 2018
Agent Name
Market Action Report
St. Lucie County
County: St Lucie
February 2018
Market Action Report
3 Mo Avg
18
Median Sales Price and Average Sales Price
3 Mo Avg
200
150
100
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
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
70
80.0
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
154 | c o l d w e l l b a n k e r h o m e s . c o m
80.0
70.0
40
70.0
60.0
50
level compared with February of 2017 and 2016.
60.0
50.0
20
50
40
50.0
40.0
40
30
0
40.0
30.0
A comparatively lower MSI is more beneficial for sellers while 30
a 20
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
30.0
20.0
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
15
16
17
18
MSI is better for buyers. The February 2018 MSI of 15.0
20
20.0
10
higher
MSI
is better
for buyers.
The
February with
2018
MSI of 15.0
10.0
months
was
at
its
highest
level
compared
February
of
2017
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
10.0
months
was at its highest level compared with February of 2017 10
0
0.0
and
2016.
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, Flagler County Association
of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR
0 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant
0.0 real estate activity.
and 2016.
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
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.
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
15
16
17
18
60
c o l dw el l b a n k er h o m es . c o m
| 155
C
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.