FL ARCHIVED January 2018 | Page 164

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

City : Orlando

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
$ 295,575
4 %
21 %
Average List Price of all Current Listings
$ 401,066
6 %
17 %
January Median Sales Price
$ 231,500
0 %
3 %
20 %
6 %
$ 231,500
20 %
6 %
January Average Sales Price
$ 260,864
-3%
1 %
15 %
5 %
$ 260,864
15 %
5 %
Total Properties Currently for Sale ( Inventory )
2,383
-7%
-26%
January Number of Properties Sold
832 -21%
-5%
832
-5%
January Average Days on Market ( Solds )
62
2 %
5 %
0 %
11 %
62
0 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 153
6 %
3 %
13 %
6 %
$ 153
13 %
6 %
January Sold Price per Square Foot
$ 138
-3%
0 %
13 %
3 %
$ 138
13 %
3 %
January Month ' s Supply of Inventory
2.9
19 %
7 %
-23%
-0%
2.9
-23%
-0%
January Sale Price vs List Price Ratio
95.3 %
-. 3 % -. 1 %
. 0 %
-. 6 %
95.3 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Orlando

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
1,600
January Property sales were 832 , down 4.8 % from 874 in
January of 2017 and 21.2 % lower than the 1,056 sales last
1,400
Number of Properties Sold
3 Mo Avg
Property month . January Sales 2018 sales were at a mid level compared to
January Property of 2017 sales and 2016 were . 832 January , down YTD 4.8 % sales from of 874 832 in are
January running of 4.8 2017 % behind and 21.2 last % lower year ' than s year-to-date the 1,056 sales last of 874 . month . January 2018 sales were at a mid level compared to
January of 2017 and 2016 . January YTD sales of 832 are
1,600
1,200
1,400
1,000
1,200
800
running 4.8 % behind last year ' s year-to-date sales of 874 .
1,000
600
800
400
600
200
400
0
200
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 231,500 , up 19.6 %
F
M A M J
15
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
16
17
18
3 Mo Avg
Prices from $ 193,500 in January of 2017 and equal to $ 231,500 last
The month Median . The Sales Average Price Sales in January Price was in January $ 231,500 was , up $ 19.6 260,864 % , up from
14.8 $ % 193,500 from $ 227,182 in January in of January 2017 and of 2017 equal and to $ down 231,500 3.3 last % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 269,837 . The last Average month Sales . January Price in 2018 January ASP was $ at 260,864 the highest , up
14.8 level % from compared $ 227,182 to January in January of 2017 of 2017 and and 2016 down . 3.3 % from
$ 269,837 last month . January 2018 ASP was at the highest
270
250
250
230
level compared to January of 2017 and 2016 .
230
210
210 190
190 170
914 1,224 1,211 1,202 1,387
914 1,224 1,211 1,202 1,387 1,328 1,233 1,163 1,118 985 1,140 827 911 1,174 1,139 1,263 1,303 1,218 1,290 1,156 1,014 948 1,120 874 942 1,291 1,113 1,338 1,396 1,228 1,265 908 1,032 1,043 1,056 832
170
150
150
F
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
M
15 A 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
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
The
January Total Inventory was 2,383 of , down Properties 6.5 % available from 2,549 for last sale month as of and down
5,000
January
26.3 % from was 2,383 3,233 , down in January 6.5 % from of last 2,549 year last . January month and 2018 down
5,000
4,000
26.3
Inventory % from was 3,233 at in its January lowest of level last compared year . January with 2018 January of 2017
4,000
Inventory and 2016 was . at its lowest level compared with January of 2017
3,000 and 2016 .
3,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
2,000
3.0
A comparatively lower MSI is more beneficial for sellers while
2,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The January 2018 MSI of 2.9
1,000 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 2.9 of 2017
1,000
1.0 months and 2016 was
. at its lowest level compared with January of 2017
0 and 2016 .
0
0.0
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 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
15
16
17
18
15
16
17
18
2.0
1.0
0.0
1,328 1,233 1,163 1,118
4,657 4,695 4,696 4,709 4,720 4,630 4,582 4,495 4,268
985
4,657 4,695 4,696 4,709 4,720 4,630 4,582 4,495 4,268 4,170 3,971 3,908 3,865
1,140
Number of Properties Sold
827 911 1,174 1,139 1,263 1,303 1,218 1,290 1,156 1,014
4,170 3,971 3,908 3,865 3,885 3,790 3,837 3,848 3,854 3,789 3,728 3,649 3,515
948
3,885 3,790 3,837 3,848 3,854 3,789 3,728 3,649 3,515 3,278 3,233 3,215 3,242
1,120
3,278
3,233 874 942 1,291 1,113 1,338 1,396 1,228 1,265
3,281 3,271 3,439 3,377 3,327 3,181 3,006 2,865 2,549 2,383
908
3,215 3,242 3,281 3,271 3,439 3,377 3,327 3,181 3,006
1,032 2,865
3 Mo Avg
1,043 1,056
2,549 2,383
832
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
164 | c o l d w e l l b a n k e r h o m e s . c o m
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 .