FL ARCHIVED February 2018 | Page 86

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

County : Charlotte Price Range : All | Properties : SFH - Con

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 279,900
2 %
8 %
Average List Price of all Current Listings
$ 347,094
1 %
4 %
February Median Sales Price
$ 208,000
7 %
3 %
12 %
4 %
$ 200,000
8 %
0 %
February Average Sales Price
$ 245,490
7 %
4 %
10 %
5 %
$ 238,832
9 %
2 %
Total Properties Currently for Sale ( Inventory )
2,180
-1%
-11%
February Number of Properties Sold
425
25 %
8 %
764
6 %
February Average Days on Market ( Solds )
76
-1%
1 %
-6%
-5%
76
1 %
-5%
Asking Price per Square Foot ( based on New Listings )
$ 154
-6%
-2%
6 %
4 %
$ 160
7 %
8 %
February Sold Price per Square Foot
$ 139
3 %
2 %
6 %
4 %
$ 137
7 %
3 %
February Month ' s Supply of Inventory
5.1 -21% -3% -18%
7 %
5.8
-14%
21 %
February Sale Price vs List Price Ratio
93.6 % -1.4% -1.0% . 0 %
-. 3 %
94.2 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
700
February Property sales were 425 , up 8.4 % from 392 in
February of 2017 and 25.4 % higher than the 339 sales last
600
Property month . February Sales 2018 sales were at their highest level
700
February compared Property to February sales were of 2017 425 and , up 8.4 2016 % . from February 392 in YTD sales of
500
February
764 are running of 2017 and 5.525.4 % ahead % higher of last than year the ' s 339 year-to-date sales last sales of
600 month
724 . . February 2018 sales were at their highest level compared to February of 2017 and 2016 . February YTD sales of
500
400
764 are running 5.5 % ahead of last year ' s year-to-date sales of
300
724 .
400
200
300
200
100

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
0
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
0 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 Prices
Median Sales Price and Average Sales Price
15 16
17
18 3 Mo Avg The Median Sales Price in February was $ 208,000 , up 12.1 %
250
Prices from $ 185,500 in February of 2017 and up 6.7 % from $ 195,000 Median Sales Price and Average Sales Price
3 Mo Avg The last Median month Sales . The Price Average in February Sales Price was in $ 208,000 February , up was 12.1 $ % 245,490 ,
240
250 from up 10.2 $ 185,500 % from in $ February 222,761 in of February 2017 and up of 2017 6.7 % and from up $ 195,000 6.5 % from 230 last month . The Average Sales Price in February was $ 245,490 ,
240
$ 230,485 last month . February 2018 ASP was at the highest 220 up 10.2 % from $ 222,761 in February of 2017 and up 6.5 % from 230 level compared to February of 2017 and 2016 .
210
$ 230,485 last month . February 2018 ASP was at the highest 220 200 level compared to February of 2017 and 2016 . 210
190 200
180 190
170 180
160
170 160
150
150 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
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
18
15 16
17 18
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 2,180 of , Properties down 0.6 % available from 2,194 for sale last as month of and 3,000 February down 10.7 was % 2,180 from , 2,441 down in 0.6 February % from 2,194 of last last year month . February and 2018 3,000
8.0
2,500 down Inventory 10.7 % was from at 2,441 its lowest in February level compared of last year with . February 2018 of 2,500
7.0
Inventory 2017 and was 2016 at . its lowest level compared with February of 2,000 6.0
2017 and 2016 .
2,000 1,500
5.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
3.0 A comparatively lower MSI is more beneficial for sellers while a 1,000 higher MSI is better for buyers . The February 2018 MSI of 5.1 higher MSI is better for buyers . The February 2018 MSI of 5.1 500
2.0 months was at its lowest level compared with February of 2017 500 months was at its lowest level compared with February of 2017
1.0 and 2016 .
0 and 2016 .
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
A J F M A M J
F M A M J F
15 16
17 18
544 575 521 480 483 402 442 442 331 444 317 380 430 530 508 517 456 452 426 389 385 386 332 392 544 486 559 503 450 455 360 362 378 471 339 425
2,226
2,089 1,902 1,778 1,712
M
15
544 575 521 480 483 402 442 442
2,226
2,089 1,902 1,778 1,712 1,642 1,634 1,702
1,642 1,634 1,702 1,815 1,918
331
J A S O N D J
16
444 317
2,114 1,815 2,233 1,918 2,269
2,115
Number of Properties Sold
380 430 530 508 517 456 452
2,114 2,233 2,269 2,115 1,988 1,914 1,849 1,820
1,988 1,914 1,849 1,820 1,842 1,983
2,175
426
2,232 2,399
1,842 1,983
389
J A S O N D J
17
385 386 332
2,175
2,232 2,399 2,441 392 544 486
2,441 2,359 2,236 2,099 1,997 1,842 1,766
559 503 450
1,751 1,860 1,969 2,013
455
2,359 2,236 2,099 1,997 1,842 1,766 1,751 2,194 1,860 2,180
J A S O N D J 18
3 Mo Avg
360 362 378
1,969 2,013
3 Mo Avg
471 339
2,194 2,180
425
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
44 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .