FL ARCHIVED February 2018 | Page 92

Agent Name
Title
Phone
Agent
Name
Website
Title Other
February 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
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)
Trending versus*:
YTD
Prior YTD 0%
Prior Year
$249,950
-3%
-8%
$299,895
$249,950
$299,895
17%
4%
-6%
25%
-.7%
0%
258
-4%
96
-8% 0%
7% -2%
$244
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 95, down 2.1% from
97 days last month and up 4.4% from 91 days in February of last
year. The February 2018 DOM was at a mid level compared with
February of 2017 and 2016.
19%
0%
-1%
16%
-1%
9%
3 Mo Avg
235
143
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
290
270
250
230
201
210
184
175
Median Sales Price and Average Sales Price
3 Mo Avg
95%
94.2%
94%
93.2%
93.1%
90%
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
400
8.0 200
6.0 0
8.0
6.0
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
18
4.0
2.0
0.0
800
10.0
10.0
1,000
12.0
2.0
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
1,200
12.0
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
15
16
17
15
16
17
18
1,400
14.0
14.0
1,600
Total Inventory & Month's Supply of Inventory (MSI)
1,800
Total Inventory & Month's Supply of Inventory (MSI)
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 304, down 4.7% from 319 last month and
down 17.2% from 367 in February of last year.
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
0
96%
91%
200 150
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,800
February
was 1,310,
3.2% from
1,269 for
last sale
month
The
Total Inventory
of up
Properties
available
as of and down
1,800 1,600
8.4% from
of 1,269
last year.
February
February
was 1,430
1,310, in up February
3.2% from
last month
and 2018
down
8.4%
from 1,430
in its
February
last compared
year. February
2018
Inventory
was at
lowest of
level
with February
of 1,600 1,400
1,400 1,200
Inventory
at its lowest level compared with February of
2017 and was
2016.
1,200 1,000
2017 and 2016.
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 10.8 600 400
MSI is better
for buyers.
February
2018 MSI
400 200
higher
MSI
is better
for buyers.
February with
2018
MSI of 10.8
months
was
at its highest
level The
compared
February
of 2017
200
months
was at its highest level compared with February of 2017
0
and 2016.
97%
92%
250 200
Inventory & MSI
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
93%
300 250
150
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 93.2% was up from 92.4% last month and up from
93.1% in February of last year.
0
50
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
.
Selling Price per Square Foot
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
The Median Sales Price in February was $242,000, down 3.8%
450
Prices
from $251,500 in February of 2017 and down 5.1% from
The
Median last
Sales month.
Price in The
February
was Sales
$242,000,
down
3.8% was
$255,000
Average
Price in
February
450 400
from
$251,500
in February
of 2017
and down
5.1% from
$281,470,
down
13.3% from
$324,709
in February
of 2017 and
$255,000
last from
month.
The Average
Sales Price
in February
down 11.0%
$316,168
last month.
February
2018 was
ASP was
400 350
$281,470,
down level
13.3%
from $324,709
in February
of and
2017 2016.
and
at the lowest
compared
to February
of 2017
down 11.0% from $316,168 last month. February 2018 ASP was 350 300
92 | c
40
150
50
100
Prices
and 2016.
60
170
100
0
at the lowest level compared to February of 2017 and 2016.
80
Selling Price per Square Foot
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 $184 was
down 9.7% from $204 last month and down 8.3% from 201 in
February of last year.
150
150
95
91
86
190
200
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
15
16
17
18
3 Mo Avg
Number of Properties Sold
120
0
300
February Property sales were 121, down 20.9% from 153 in
February of 2017 and 11.7% lower than the 137 sales last month. 250
Property
Sales
February 2018
sales were at their lowest level compared to
300
February
were 121,
down 20.9%
from of
153 258
in are
February Property
of 2017 sales
and 2016.
February
YTD sales
200
February
2017 behind
and 11.7%
the 137 sales
last
running of
7.9%
last lower
year's than
year-to-date
sales
of month.
280.
250
3 Mo Avg
20
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
February 2018 sales were at their lowest level compared to
February of 2017 and 2016. February YTD sales of 258 are
running 7.9% behind last year's year-to-date sales of 280.
Title
Phone
Website
Other
Days On Market for Sold Properties
Market Time
0%
-2%
-4%
258
-8%
February Sold Price per Square Foot
$195
1%
February Average Days on Market (Solds)
96
7%
19%
February Month's Supply of Inventory
10.0
-1%
Asking Price per Square Foot (based on New Listings)
$244
9%
0%
February Sale Price vs List Price Ratio
92.8%
-1%
February Sold Price per Square Foot
$184
-10%
-3%
-8%
-6%
$195
1%
-1%
* 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
10.8 17% 15% 16% 25%
10.0
-1%
16%
of 92.8%
Properties
February Sale Price vs List Price Ratio
93.2% .9% .2% .1% Number
-.7%
-1% Sold -1%
February Number of Properties Sold
Agent Name
Community Information | School District
Trending versus*:
Prior YTD Prior Year
YTD
February 2018
Hollywood
Price Range: All | Properties: SFH - Con
$350,000
0%
17%
Other
$583,565 Trending
-1% versus*: 8%
Month
LM -5%
L3M -5%
PYM -4%
LY
$242,000
$350,000
0% -11% -8%
17% -13%
$281,470
$583,565 1,310
-1% 3%
8% -8%
$242,000 121
-5% -12%
-5% -4% -21%
-3%
$281,470 -11%
-8%
-13%
-8%
95 -2% 3% 4%
1,310 3%
-8%
$253 8% 4% 14%
121 -12%
-21%
$184 -10% -3% -8%
95 -2% 3% 4% 17%
10.8 17% 15% 16%
$253 8% 4% 14% 4%
93.2% .9% .2% .1%
Average List Price of all Current Listings
City: Hollywood
Market Action Report
City: Hollywood
Hollywood
Market Action Report
City: Hollywood
February 2018
Market Action Report
600
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.
.
| 93
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
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
of h
REALTORS,
of REALTORS
and estate
may
o l of d Greater
e Fort
l Fort
l Lauderdale
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
c REALTORS,
o Association
l d w Emerald
l l Coast
b a Association
nker
o m of e
s Pensacola
co
m may not reflect
Data
is is
provided
courtesy
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
of e REALTORS,
Pensacola
Association
REALTORS
and Association
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.