FL ARCHIVED February 2018 | Page 190

Price Range: All | Properties: SFH - Con Market Profile & Sales Trends Overview February Median Price Median List Average Price of Sales all Current February Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) February Sales Price February Median Number of Properties Sold 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 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 96% 95.1% 94.0% 94% Prices 92.2% 90% 88% the highest level compared to February of 2017 and 2016. 86% 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 17 Median Sales Price and Average Sales Price 16 18 3 Mo Avg 3 Mo Avg 500 400 300 200 Inventory & MSI 15 200 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 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 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 400 300 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 451, up 17.1% from 385 last month and up 3.0% from 438 in February of last year. 0 The Median Sales Price in February was $615,000, up 60.7% 800 Prices from $382,750 in February of 2017 and up 13.9% from The Median last Sales month. Price in The February was Sales $615,000, up February 60.7% was $540,000 Average Price in 800 700 from $382,750 February 2017 and in up 13.9% from $728,850, up in 65.3% from of $441,015 February of 2017 and up $540,000 last month. The Average Sales Price in February was 26.7% from $575,053 last month. February 2018 ASP was at 700 600 $728,850, up level 65.3% from $441,015 in February of 2017 and up the highest compared to February of 2017 and 2016. 26.7% from $575,053 last month. February 2018 ASP was at 600 500 92% Inventory / New Listings / Sales 5 0 10 5 Avg Selling Price divided by Avg Listing Price for sold properties during the month 98% 15 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 95.1% was up from 95.0% last month and up from 94.0% in February of last year. 10 3 Mo Avg 20 Selling Price versus Listing Price Ratio 20 15 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 vs Original Listings Price 25 3 Mo Avg 25 February 2018 sales were at a mid level compared to February of 2017 and 2016. February YTD sales of 33 are running 17.5% behind last year's year-to-date sales of 40. 3 Mo Avg Number of Properties Sold 30 94 83 -4% 5% 9% 15% 0% 35 105 February Property sales were 14, down 36.4% from 22 in February of 2017 and 26.3% lower than the 19 sales last month. Property Sales February 2018 sales were at a mid level compared to February 35 February Property were 14, down 36.4% from in of 2017 and 2016. sales February YTD sales of 33 are 22 running 17.5% February of 2017 and 26.3% lower sales than of the 40. 19 sales last month. 30 behind last year's year-to-date 27% 33 26% 124 $359 3% 4% 23% 10% $354 14% 9% 8.5 40% 23% 48% 34% 7.3 15% 15% Number of 94.5% Properties 92.4% -3.7% -2.2% -1.3% -1.8% 2% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 3 Mo Avg 150 140 130 120 110 100 90 80 70 60 50 February Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) Selling Price per Square Foot Selling Price per Square Foot February Average Days on Market (Solds) -1 8% 19% -19% 13% 9% $370 6% 33 -18% 10% $354 14% 124 -19% -4% 34% 7.3 15% $370 6% 5% -1.8% 94.5% 2% 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 $540,000 $640,300 52% 0 Trending versus*: 40 Trending versus*: Prior YTD Prior Year YTD Prior YTD 27% Prior Year 19% 35% YTD $540,000 29% $640,300 26% 13% 60 80 Trending versus*: L3M PYM LY 78 LM $699,000 0% 18% Other $817,951 Trending 0% versus*: 11% Month LM 14% L3M 21% PYM 61% LY $615,000 $699,000 0% 27% 13% 18% 65% $728,850 $817,951 119 0% 3% 11% -6% $615,000 14% 21% 61% -36% 35% 14 -26% $728,850 196 27% 176% 13% 53% 65% 7% 29% 119 3% -6% $384 8% 3% 13% 14 -26% -36% $359 3% 4% 23% 196 176% 53% 7% 52% 8.5 40% 23% 48% $384 8% 3% 13% 9% 92.4% -3.7% -2.2% -1.3% Average List Price of all Current Listings 87 89 Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con 3 Mo Avg 120 100 February 2018 Community Information | School District 20 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 $105 was up 6.6% from $98 last month and up 11.1% from 94 in February of last year. Title Phone Agent Name Website Title Other City: Pensacola Beach Days On Market for Sold Properties Market Time Agent Name Community Information | School District 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 78, equal to 78 days last month and down 10.3% from 87 days in February of last year. The February 2018 DOM was at its lowest level compared with February of 2017 and 2016. Pensacola Beach Market Action Report Title Phone Website Other Price Range: All | Properties: SFH - Con City: Pensacola Beach Agent Name February 2018 Pensacola Market Action Report City: Pensacola 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 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 The Total Inventory Inventory & MSI of Properties available for sale as of 200 February was 119, of up Properties 3.5% from available 115 last for month and The Total Inventory sale as of down 5.6% 200 from 126 was in February of last February 2018 Inventory February 119, up 3.5% from year. 115 last month and down 5.6% was from in February of last year. 2018 Inventory was at its 126 lowest level compared with February February of 2017 and 2016. 150 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 18.0 190 | c o l d w e l l b a n k e r h o m e s . c o m 16.0 18.0 16.0 14.0 14.0 12.0 at its lowest level compared with February of 2017 and 2016. 150 12.0 10.0 100 10.0 8.0 100 8.0 6.0 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 A comparatively lower MSI is more beneficial for sellers while a 6.0 50 A higher comparatively lower MSI is more The beneficial for sellers while of a 8.5 15 16 17 18 4.0 MSI is better for buyers. February 2018 MSI 4.0 higher MSI is better for level buyers. The February 2018 MSI of of 2017 8.5 and 50 2.0 months was at a mid compared with February Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 2.0 months was at a mid level compared with February of 2017 and 0 0.0 2016. of REALTORS, 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 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 real estate activity. 0.0 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 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 c o l dw el l b a n k er h o m es . c o m | 191 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 Ass 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.