FL ARCHIVED February 2018 | Page 176

Oviedo Agent Name Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $390,000 -3% 3% Other $428,222 Trending -2% versus*: 5% Trending versus*: Month LM 6% L3M -1% PYM 11% LY Prior YTD 14% Prior Year $316,000 2% YTD $306,499 $390,000 -3% 3% $332,731 1% -3% 7% 1% $331,453 12% $428,222 147 -2% 7% 5% -14% $316,000 6% -1% 11% 18% 2% $306,499 14% 6% -1% 71 42% 121 $332,731 1% -3% 7% 1% $331,453 12% 44 -21% -14% -24% 2% 49 0% 0% 147 7% -14% $156 4% 1% 13% 4% $153 8% 71 42% 18% 121 6% $147 0% 1% 7% 2% $147 7% 44 -21% -14% -24% 2% 49 0% 14% 2.1 -25% -1% -27% -10% 2.4 -24% $156 4% 1% 13% 4% $153 8% 2% 96.7% 1.0% .7% .4% .3% 96.3% -0% $147 0% 1% 7% 2% $147 7% 2% 2.1 -25% -1% -27% -10% 2.4 -24% 5% of 96.3% Properties 96.7% 1.0% .7% .4% Number .3% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 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 160 February Property sales were 71, up 18.3% from 60 in February 140 of 2017 and 42.0% higher than the 50 sales last month. Property Sales February 2018 sales were at their highest level compared to 160 120 February were 71, up 18.3% YTD from sales 60 in of February February Property of 2017 sales and 2016. February 121 are 140 of running 2017 and 42.0% higher than the 50 sales last month. 6.1% ahead of last year's year-to-date sales of 114. 100 0 122 135 104 59 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 96.7% was up from 95.7% last month and up from 96.3% in February of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 99% 98% 97% 96.7% 96.3% 96% 95% 94.0% 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 Inventory / New Listings / Sales Inventory / New Listings / Sales 2.0 3.0 4.0 1.0 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 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 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 176 | c o l d w e l l b a n k e r h o m e s . c o m 300 1.0 0.0 0 2.0 50 3.0 100 4.0 150 5.0 200 250 5.0 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 104, up 30.0% from 80 last month and up 11.8% from 93 in February of last year. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) A comparatively lower MSI is more beneficial for sellers while a 100 A higher comparatively lower MSI is more The beneficial for sellers while of a 2.1 100 MSI is better for buyers. February 2018 MSI 50 higher MSI is better for buyers. February 2018 MSI of 2.1 months was at its lowest level The compared with February of 2017 50 months was at its lowest level compared with February of 2017 0 and 2016. and 2016. 147 138 91% 150 150 3 Mo Avg 92% 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 18 200 Selling Price per Square Foot 200 190 180 170 160 150 140 130 120 110 100 93% Inventory & MSI 3 Mo Avg 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 The Total Inventory Inventory & MSI of Properties available for sale as of 300 February was 147, of up Properties 6.5% from 138 last for month and The Total Inventory available sale as of down 13.5% 300 from 170 was in February of last February Inventory February 147, up 6.5% from year. 138 last month 2018 and down 13.5% was 250 from in February of last year. 2018 Inventory was 250 at its 170 lowest level compared with February February of 2017 and 2016. 200 at its lowest level compared with February of 2017 and 2016. 30 94% 340 320 300 280 260 240 220 200 Median Sales Price and Average Sales Price 0.9% from $329,638 last month. February 2018 ASP was at the highest level compared to February of 2017 and 2016. 400 380 360 340 320 300 280 260 240 220 200 The Median Sales Price in February was $316,000, up 11.1% Prices from $284,500 in February of 2017 and up 5.9% from The Median last Sales month. Price in The February was Sales $316,000, up February 11.1% $298,500 Average Price in was 400 from $284,500 in February of 2017 and up 5.9% from $332,731, up 6.7% from $311,702 in February of 2017 and up 380 $298,500 last $329,638 month. The Price 2018 in February was at the 0.9% from last Average month. Sales February ASP was 360 $332,731, up 6.7% from $311,702 in February of 2017 and up highest level compared to February of 2017 and 2016. 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 Prices 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 0 0 20 44 40 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 20 40 40 60 60 80 100 3 Mo Avg 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 $147 was up 0.4% from $147 last month and up 6.6% from 138 in February of last year. 80 120 Number of Properties Sold February 2018 sales were at their highest level compared to February of 2017 and 2016. February YTD sales of 121 are running 6.1% ahead of last year's year-to-date sales of 114. 50 Selling Price per Square Foot 3 Mo Avg February Sold Price per Square Foot 58 60 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 February Sale Price vs List Price Ratio 70 0 February Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 77 80 10 February Sold Price per Square Foot February Average Days on Market (Solds) 3 Mo Avg 90 20 Asking Price per Square Foot (based on New Listings) February Number of Properties Sold Total Properties Currently for Sale (Inventory) 14% 2% 2% 5% -0% February Average Days on Market (Solds) February Average Sales Price February Sales Price February Median Number of Properties Sold Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) -1% 0% Market Profile & Sales Trends Overview February Median Price Median List Price of all Current February Average Sales Price Listings Days On Market for Sold Properties Market Time 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 44, down 21.4% from 56 days last month and down 24.1% from 58 days in February of last year. The February 2018 DOM was at its lowest level compared with February of 2017 and 2016. Average List Price of all Current Listings Title Phone Website Other Community Information | School District Trending versus*: Prior YTD Prior Year YTD February 2018 Agent Name Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Oviedo City: Oviedo February 2018 Market Action Report Market Action Report City: Oviedo City: Oviedo February 2018 Market Action Report 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 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. 18 c o l dw el l b a n k er h o m es . c o m | 177 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 Association Flagler of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board Coast of REALTORS, Coast Association of REALTORS, Pensacola of REALTORS and estate may 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 REALTORS, County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal of Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Association Emerald of REALTORS, Pensacola Association of REALTORS and Association may not reflect all relevant 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.