FL ARCHIVED March 2018 | Page 154

Price Range: All | Properties: SFH - Con
Market
Profile Sales
& Trends
March Median
Price Overview
Median
List
Price
of
all
Current Listings
March Average Sales Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
$77 -5% -2% -24%
7.6 -49% -24% 17%
97.9% -.4% 3.0% -.8%
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
96.6%
100%
87.9%
Prices
60%
40%
20%
$213,500 last month. March 2018 ASP was at the highest level
compared to March of 2017 and 2016.
0%
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
15
16
17
18
250
200
Inventory / New Listings / Sales
Inventory / New Listings / Sales
150
120
60
80
100
100
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
was Total
61, up
1.7% from
60 last month
and for
up sale
56.4%
from
39 in
The
Inventory
of Properties
available
as of
March
70
March
of 1.7%
last year.
March
2018 Inventory
was from
at its 39
highest
was
61, up
from 60
last month
and up 56.4%
in
March
of last year. with
March
2018
at its highest
level compared
March
of Inventory
2017 and was
2016.
60
15
17
16
The Median Sales Price in March was $238,500, up 38.2% from
350
Prices
$172,611 in March of 2017 and up 7.4% from $222,000 last
The
Median
Sales
Price Sales
in March
was
38.2% from
month.
The
Average
Price
in $238,500,
March was up $244,563,
up
350 300
$172,611
in March
of 2017
up 7.4%
from
$222,000
50.9% from
$162,037
in and
March
of 2017
and
up 14.5% last
from
month.
The last
Average
Sales
Price 2018
in March
up level
$213,500
month.
March
ASP was
was $244,563,
at the highest
300 250
50.9%
from to
$162,037
of 2017
and up 14.5% from
compared
March in
of March
2017 and
2016.
80%
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
15
16
17
18
A M J J A S O N D J Median
F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
0
105.8%
0
2
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
2
4
3 Mo Avg
4
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
6
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
15
16
17
18
6
8
0
8
10
10
20
12
3 Mo Avg
12
sales were at their highest level compared to March of 2017 and
2016. March YTD sales of 20 are running 33.3% ahead of last
year's year-to-date sales of 15.
40
3 Mo Avg
Number of Properties Sold
14
72
-12%
-10%
-13%
-47%
1%
16
81
March Property sales were 8, up 33.3% from 6 in March of 2017
and 100.0% higher than the 4 sales last month. March 2018
Property
sales were Sales
at their highest level compared to March of 2017 and
16
March
sales sales
were of
8, 20
up are
33.3%
from 6 33.3%
in March
of 2017
2016. Property
March YTD
running
ahead
of last
14
and
100.0%
higher than
the of 4 15.
sales last month. March 2018
year's
year-to-date
sales
138
33% 15%
-2% 15%
$86
-16%
20
33%
$80
-24%
59
-2%
-12%
10.0 -41%
$86
-16%
-10%
95.7%
-2%
-5%
-16%
-60%
2.9%
31%
20
32%
59
-16%
$80
-24%
-13%
-60%
10.0 -41%
-47%
Number of 95.7%
Properties
2.9%
-2% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
Selling Price per Square Foot
March Average Days on Market (Solds)
$228,391
$239,289
-64%
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
15
16
17
18
Trending versus*:
13
0
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
140
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 120
more normalized indicator on the direction of Property values.
100
The March 2018 Selling Price per Square Foot of $72 was down
0.4% from $72 last month and down 47.8% from 138 in March of 80
last year.
60
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
YTD
50
150
Selling Price per Square Foot
March 2018
Prior YTD 31%
Prior Year 15%
20% YTD
$228,391
17%
$239,289
32%
15%
200
50
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 March 2018 was 30, down 11.8% from 34 last month and up
30.4% from 23 in March of last year.
$260,000
0%
16%
Other
$272,847 Trending
1% versus*: 5%
Month
LM 7%
L3M 5%
PYM 38%
LY
$238,500
$260,000
0%
16%
$244,563 15% 3% 51%
$272,847 1%
5% 56%
61 2%
$238,500 7%
5%
38%
20%
8 100%
33%
$244,563 15%
3%
51%
17%
24 -75% -65% -60%
61 2%
56%
$91 6% 6% -11%
8 100%
33%
$77 -5% -2% -24%
24 -75% -65% -60% -64%
7.6 -49% -24% 17%
$91 6% 6% -11% -5%
97.9% -.4% 3.0% -.8%
Average List Price of all Current Listings
250
Trending versus*:
L3M PYM
LY
300
LM
322
100
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 March 2018 Selling Price vs Original
List Price of 96.6% was up from 93.2% last month and down
from 105.8% in March of last year.
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
350
3 Mo Avg
Market Time
Title
Phone
Agent
Name
Website
Title Other
City: Port St. Lucie Community Information | School District
Days On Market for Sold Properties
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 March was 50, down 40.5% from
84 days last month and up 284.6% from 13 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
Agent Name
Community Information | School District
Port St. Lucie
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Port St. Lucie
March 2018
Agent Name
Market Action Report
St. Lucie County
County: St Lucie
March 2018
Market Action Report
3 Mo Avg
18
Median Sales Price and Average Sales Price
3 Mo Avg
200
150
100
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
18
16 A M J J A S O N D J F M 17
A M 15 J J A S O N D J F M
A M J J A S O N D J F M
15
16
17
18
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
70
80.0
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
154 | c o l d w e l l b a n k e r h o m e s . c o m
80.0
70.0
40
70.0
60.0
50
level compared with March of 2017 and 2016.
60.0
50.0
20
50
40
50.0
40.0
40
30
0
40.0
30.0
A comparatively lower MSI is more beneficial for sellers while 30
a 20
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
30.0
20.0
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
15
16
17
18
MSI is better for buyers. The March 2018 MSI of 7.6 20
20.0
10
higher
MSI
is better
for level
buyers.
The March
2018
MSI of of 2017
7.6 and
10.0
months
was
at
a
mid
compared
with
March
10
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
10.0
months
was at a mid level compared with March of 2017 and
0
0.0
2016.
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, Flagler County Association
0 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant
0.0 real estate activity.
2016. of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR
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
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.
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
15
16
17
18
15
16
17
18
60
c o l dw el l b a n k er h o m es . c o m
| 155
C
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of 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 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.