FL ARCHIVED July 2017 | Page 166

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

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
$ 299,900
3 %
25 %
Average List Price of all Current Listings
$ 394,244
4 %
17 %
July Median Sales Price
$ 220,000
-2%
0 %
5 %
13 %
$ 215,000
11 %
10 %
July Average Sales Price
$ 257,413
0 %
1 %
9 %
14 %
$ 244,782
10 %
8 %
Total Properties Currently for Sale ( Inventory )
3,051
-7%
-20%
July Number of Properties Sold
1,222 -12%
0 %
8,168
4 %
July Average Days on Market ( Solds )
52
-2%
0 %
-16% -15%
56
-13%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 146
1 %
1 %
11 %
11 %
$ 143
9 %
8 %
July Sold Price per Square Foot
$ 137
1 %
1 %
12 %
13 %
$ 132
11 %
9 %
July Month ' s Supply of Inventory
2.5
6 %
3 %
-21% -27%
2.8
-20%
-18%
July Sale Price vs List Price Ratio
96.6 %
. 3 %
. 2 %
. 4 %
. 9 %
96.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,600
July Property sales were 1,222 , up 0.4 % from 1,217 in July of
2016 and 12.4 % lower than the 1,395 sales last month . July 2017
1,400
Property sales were Sales at a mid level compared to July of 2016 and 2015 .
1,600
1,200
July
July Property YTD sales sales of were 8,1681,222 are running , up 0.4 % 4.3 from % ahead 1,217 in of July last of year ' s
2016 and 12.4 % lower than the 1,395 sales last month . July 2017
1,400 year-to-date sales of 7,832 .
1,000 sales were at a mid level compared to July of 2016 and 2015 .
1,200
July YTD sales of 8,168 are running 4.3 % ahead of last year ' s
800
year-to-date sales of 7,832 .
1,000
600
800
400
600
200
400
0
200
Prices
The Median Sales Price in July was $ 220,000 , up 4.8 % from
Prices
$ 210,000 in July of 2016 and down 2.3 % from $ 225,250 last
290
The month Median . The Sales Average Price Sales in July Price was $ in 220,000 July was , up $ 257,413 4.8 % from , up 8.9 %
$ from 210,000 $ 236,416 in July in of July 2016 of and 2016 down and 2.3 up % 0.5 from % from $ 225,250 $ 256,161 last last
290
270
month . . The July Average 2017 ASP Sales was Price at in the July highest was $ level 257,413 compared , up 8.9 % to July from $ 236,416 in July of 2016 and up 0.5 % from $ 256,161 last
270 of 2016 and 2015 . month . July 2017 ASP was at the highest level compared to July
250
250
230
of 2016 and 2015 .
230
210

Orlando

Agent Name
Title Phone Website Other

Community Information | School District

0
210 190
190 170
1,091 1,052 1,134
Number of Properties Sold
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 M J
14
15
16
17
J
F M A
Median M J
J
A Sales S O N Price D
J
F and M A MAverage J
J
A S Sales O N DPrice
J
F M A M J
15
16
17
J
Median Sales Price and Average Sales Price
1,091 1,052 1,134 911 1,120 892 914 1,224 1,210 1,202 1,387 1,327 1,232 1,163 1,117 985 1,140 827 911 1,173 1,139 1,262 1,303 1,217 1,290 1,155 1,014 948 1,119 874 941 1,289 1,113 1,334 1,395 1,222
A S O N D 14
911
170
150
150
A
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 M J
S
14 O N D
J
F 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 A
17 M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 3,051 Inventory , down 7.4 of % Properties from 3,294 available last month for sale and as down of July 20.2 %
6,000 was from 3,051 3,824 , down in July 7.4 % of from last 3,294 year . last July month 2017 Inventory and down 20.2 was % at its
6,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
from lowest 3,824 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July of 2016 and 2015 .
5,000
4,000
5.0
4,000
3,000
4.0
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
2,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
2.0 higher MSI is better for buyers . The July 2017 MSI of 2.5 higher MSI is better for buyers . The July 2017 MSI of 2.5
1,000 months was at its lowest level compared with July of 2016 and
1,000
1.0 months
2015 . was at its lowest level compared with July of 2016 and
0
2015 .
0
0.0
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 M 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 M J
J
14
15
16
17
14
15
16
17
J
1,120 892 914 1,224 1,210
5,176 5,169 5,153 4,975 4,756 4,717 4,639 4,676 4,679
1,202 1,387
5,176 5,169 5,153 4,975 4,756 4,717 4,639 4,676 4,679 4,694 4,700 4,613 4,565 4,477 4,250 4,149
Number of Properties Sold
1,327 1,232 1,163 1,117 985 1,140
4,694 4,700 4,613 4,565 4,477 4,250 4,149 3,950 3,887 827 911 1,173 1,139 1,262 1,303
3,842 3,856 3,762 3,805 3,818 3,824 1,217 1,290 1,155 1,014
3,950 3,887 3,842 3,856 3,762 3,805 3,818 3,824 3,759 3,700 3,620 3,478 3,241 3,187 3,163 3,185 948 1,119
3 Mo Avg
874 941
3 Mo Avg
3,209 3,179 3,294 3,051 1,289 1,113
3,759 3,700 3,620 3,478 3,241 3,187 3,163 3,185 3,209 3,179
3 Mo Avg
1,334 1,395
3,294 3,051
1,222
J
3 Mo Avg
J
6.0 5.0 4.0
3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
166 | 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 .