FL ARCHIVED February 2018 | Page 30

Price Range: All | Properties: SFH - Con Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) February Sold Price per Square Foot February Sold Sale Price Price vs Square List Price February per Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 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% 95.0% 95% 94% 94.5% 93.5% 92% 91% 550 700 650 600 550 500 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 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI 3 Mo Avg 500 450 250 3 Mo Avg 350 300 600 18 Median Sales Price and Average Sales Price 300 250 Median Sales Price and Average Sales Price 16 17 15 400 350 700 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 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 450 400 Inventory / New Listings / Sales Inventory / New Listings / Sales 300 0 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 18 400 10 The Median Sales Price in February was $455,000, up 39.0% Prices from $327,450 in February of 2017 and up 5.0% from $433,500 The in February was in $455,000, 39.0% last Median month. Sales The Price Average Sales Price February up was $617,195, 700 from $327,450 in $365,746 February of and up 5.0% and from up $433,500 up 68.7% from in 2017 February of 2017 30.8% 650 last month. The last Average Sales February Price in February was $617,195, from $471,715 month. 2018 ASP was at the 600 up 68.7% level from compared $365,746 in and up 2016. 30.8% highest to February February of of 2017 2017 and from $471,715 last month. February 2018 ASP was at the highest level compared to February of 2017 and 2016. 90% 500 10 0 93% This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the b asic annual seasonality of the market as well as the relationship between these items. The number of New Listings in February 2018 was 184, up 5.7% from 174 last month and down 7.5% from 199 in February of last year. 20 Avg Selling Price divided by Avg Listing Price for sold properties during the month 97% 20 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 94.5% was down from 94.7% last month and down from 95.0% in February of last year. 3 Mo Avg 30 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 30 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 40 3 Mo Avg 40 February 2018 sales were at their highest level compared to February of 2017 and 2016. February YTD sales of 61 are running 35.6% ahead of last year's year-to-date sales of 45. Number of Properties Sold 50 137 130 3 Mo Avg 60 152 February Property sales were 39, up 62.5% from 24 in February of 2017 and 77.3% higher than the 22 sales last month. Property Sales February 2018 sales were at their highest level compared to 60 February were 39, up 62.5% from 24 in February Property of 2017 sales and 2016. February YTD sales of February 61 are of running 2017 and 77.3% ahead higher of than 22 sales last month. 35.6% last the year's year-to-date sales of 45. 50 16% 6% 12% 4% -0% 3.6 -44% -23% -48% -25% 5.0 -32% 4% of 93.0% Properties 93.5% 1.4% -.1% 2.2% Number .2% 1% Sold -0% February Month's Supply of Inventory 200 190 180 170 160 150 140 130 120 110 100 3 Mo Avg 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) 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 23% 36% 23% 15% 85 -11% 12% $397 20% 61 36% 15% $385 31% 85 -11% 16% -25% $397 5.0 -32% 20% 6% .2% $385 93.0% 31% 1% 12% February Number of Properties Sold February Average Days on Market (Solds) 32% 61 40% Total Properties Currently for Sale (Inventory) 10 $437,000 $564,727 20 February Number of Properties Sold February Average Sales Price 30 February Median Sales Price 40 Trending versus*: Prior YTD 32% Prior Year 23% 28% YTD $437,000 34% $564,727 40% 23% 47 50 60 Market Profile & Sales Trends Overview February Median Price Median List Average Price of Sales all Current February Price Listings Trending versus*: Prior YTD Prior Year YTD 70 0 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 $152 was up 7.9% from $141 last month and up 10.5% from 137 in February of last year. -2% -12% $714,151 Trending -1% versus*: -3% Month LM 5% L3M 15% PYM 39% LY $455,000 $435,000 -2% 31% 21% -12% 69% $617,195 $714,151 141 -1% -1% -3% -16% $455,000 5% 15% 39% 28% 39 77% 63% $617,195 31% 21% 69% 34% 84 -5% 18% 18% 141 -1% -16% $420 13% 6% 30% 39 77% 63% $395 8% 7% 32% 84 -5% 18% 18% 15% 3.6 -44% $420 13% 6% -23% 30% -48% 12% 93.5% 1.4% -.1% $395 8% 7% 32% 2.2% 15% Average List Price of all Current Listings 80 Trending versus*: L3M PYM LY 77 LM 91 90 Phone Month Website $435,000 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con 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 47, down 40.5% from 79 days last month and down 48.4% from 91 days in February of last year. The February 2018 DOM was at its lowest level compared with February of 2017 and 2016. 100 Market Time 3 Mo Avg Days On Market for Sold Properties February 2018 Community Information | School District City: St Pete Beach Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Agent Name Community Information | School District St. Pete Beach Market Action Report Title Phone Website Other February 2018 City: St Pete Beach Agent Name Palm Harbor Market Action Report City: Palm Harbor February 2018 Market Action Report Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of 200 The Total Inventory Properties available for sale as of and down February was 141, of down 0.7% from 142 last month 200 February was 167 141, in down 0.7% from 142 last month and 2018 down 15.6% from February of last year. February 15.6% from 167 last year. February Inventory was in at February its lowest of level compared with 2018 February of 150 Inventory at its lowest level compared with February of 150 2017 and was 2016. 9.0 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 c o l dw el l b a n k er h o m es . c o m | 31 30 | c o l d w e l l b a n k e r h o m e s . c o m 9.0 8.0 8.0 200 7.0 7.0 6.0 100 6.0 2017 and 2016. 5.0 100 5.0 0 4.0 100 4.0 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 3.0 A comparatively lower MSI is more beneficial for sellers while a 3.0 A higher comparatively lower MSI is more The beneficial for sellers while of a 3.6 50 15 16 17 18 2.0 MSI is better for buyers. February 2018 MSI 50 2.0 higher MSI is better for buyers. The February 2018 MSI of 3.6 1.0 months was at its lowest level compared with February of 2017 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 1.0 months was at its lowest level compared with February of 2017 0 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 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 Association, 0 0.0 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 16 17 18 15 15 16 17 18 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.