FL ARCHIVED January 2018 | Page 172

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

County : Seminole

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
$ 334,375
3 %
8 %
Average List Price of all Current Listings
$ 437,246
1 %
13 %
January Median Sales Price
$ 239,900
-6%
-2%
9 %
-2%
$ 239,900
9 %
-2%
January Average Sales Price
$ 270,425
-8%
-1%
10 %
-1%
$ 270,425
10 %
-1%
Total Properties Currently for Sale ( Inventory )
1,004
-6%
-16%
January Number of Properties Sold
381 -26%
6 %
381
6 %
January Average Days on Market ( Solds )
54
2 %
8 %
-7%
15 %
54
-7%
15 %
Asking Price per Square Foot ( based on New Listings )
$ 144
1 %
1 %
7 %
3 %
$ 144
7 %
3 %
January Sold Price per Square Foot
$ 133
-2%
0 %
9 %
1 %
$ 133
8 %
1 %
January Month ' s Supply of Inventory
2.6
27 %
6 %
-21%
3 %
2.6
-21%
3 %
January Sale Price vs List Price Ratio
95.4 %
-. 2 % -. 2 % -. 8 %
-. 8 %
95.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Seminole Agent County

Name
Title Phone Website Other

Community Information | School District

Property Sales
800
January Property sales were 381 , up 5.8 % from 360 in January of 2017 and 26.3 % lower than the 517 sales last month . January
700
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at a mid level compared to January of 2017 and
800
January
2016 . January Property YTD sales sales were of 381 381 , up are 5.8 running % from 360 5.8 % in ahead January of last of 2017 and 26.3 % lower than the 517 sales last month . January
700 year ' s year-to-date sales of 360 .
2018 sales were at a mid level compared to January of 2017 and
600
2016 . January YTD sales of 381 are running 5.8 % ahead of last
600
500
400
year ' s year-to-date sales of 360 .
500
300
400
200
300
100
200
0
100
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 $ 239,900 , up 8.6 % from
F
M A M J
15
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
3 Mo Avg
Prices
$ 221,000 in January of 2017 and down 5.6 % from $ 254,000
The last Median month Sales . The Price Average in January Sales Price was $ in 239,900 January , up was 8.6 $ % 270,425 from ,
$ up 221,000 9.6 % in from January $ 246,733 of 2017 in January and down of 5.6 2017 % from and $ down 254,000 7.7 % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 293,071 month . last The month Average . January Sales Price 2018 in January ASP was was at the $ 270,425 highest , level up 9.6 % from $ 246,733 in January of 2017 and down 7.7 % from
270 compared to January of 2017 and 2016 .
$ 293,071 last month . January 2018 ASP was at the highest level
250
250
230
compared to January of 2017 and 2016 .
230
210
210 190
190 170
434 569 572 595 714 723
434 569 572 595 714 723 590 554 500 423 574 408 388 551 569 611 736 666 638 571 506 448 536 360 394 591 513 712 681 594 627 428 467 445 517 381
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 1,004 of , down Properties 6.3 % available from 1,072 for last sale month as of and down
2,500
January
16.4 % from was 1,004 1,201 , down in January 6.3 % from of last 1,072 year last . January month and 2018 down
2,500
2,000
16.4
Inventory % from 1,201 was at in its January lowest of level last compared year . January with 2018 January of 2017
2,000
Inventory and 2016 was . at its lowest level compared with January of 2017
1,500 and 2016 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
4.0
3.0
5.0
4.0
3.0
1,000
2.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 2.6 higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 2.6 of 2017 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
500
0
500
1.0
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
1.0
0.0
590 554 500
1,881 1,910 1,965 1,987 1,983 2,004 1,930 1,887 1,840
423
1,881 1,910 1,965 1,987 1,983 2,004 1,930 1,887 1,840 1,699 1,601 1,577 1,582
574
Number of Properties Sold
408 388 551 569 611 736 666 638 571 506
1,699 1,601 1,577 1,582 1,549 1,587 1,541 1,592 1,587 1,552 1,483 1,466 1,370
448
1,549 1,587 1,541 1,592 1,587 1,552 1,483 1,466 1,370 1,222 1,201 1,193 1,225
536
1,222 1,201
360
1,255
1,372 394 591 513
1,520 1,469 1,406
1,193 1,225 1,255
712 681 594 627
1,346 1,305 1,239 1,072 1,004 428 467
1,372 1,520 1,469 1,406 1,346 1,305 1,239
3 Mo Avg
445 517
1,072 1,004
381
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172 | 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 .