FL ARCHIVED March 2018 | Page 160

Agent Name Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $125 3% 2% 12% 8% $122 11% 5% 2.7 -29% -28% -6% -21% 3.8 -7% 10% of 95.7% Properties 95.9% .3% .1% 1.2% Number .5% 1% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 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 700 March Property sales were 636, down 2.5% from 652 in March of 2017 and 33.1% higher than the 478 sales last month. March 600 Property 2018 sales Sales were at a mid level compared to March of 2017 and 700 March sales sales were of 636, down from 0.1% 652 in behind March last 500 2016. Property March YTD 1,499 are 2.5% running of year's 2017 and 33.1% higher the 478 sales last month. March 600 year-to-date sales than of 1,501. 400 2018 sales were at a mid level compared to March of 2017 and 531 458 3 Mo Avg 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 97% 96% 96% 95% 95% 94% 94% 93% 93% 92% 92% 95.9% 94.8% 93.7% Inventory / New Listings / Sales 5.0 5.0 4.0 3.0 2.0 1.0 0.0 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 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 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 160 | c o l d w e l l b a n k e r h o m e s . c o m 500 3.0 0 1.0 0.0 1,000 4.0 2.0 1,500 2,000 6.0 2,500 6.0 3,000 7.0 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 803, up 7.6% from 746 last month and up 0.8% from 797 in March of last year. 7.0 A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial sellers while a 1,000 MSI is better for buyers. March for 2018 MSI of 2.7 500 higher MSI is better for buyers. March 2018 MSI of of 2.7 2017 and months was at its lowest level The compared with March 500 months 0 2016. was at its lowest level compared with March of 2017 and 0 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 March 2018 Selling Price vs Original List Price of 95.9% was up from 95.6% last month and up from 94.8% in March of last year. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 101 Inventory / New Listings / Sales 2,000 125 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 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 The Total Inventory Inventory & MSI of Properties available for sale as of March 3,000 was Total 1,742, down 5.7% from 1,847 last month and 7.9% The Inventory of Properties available for sale as down of Mar ch from 1,892 in March of last year. Inventory was 1,742, down 5.7% from 1,847 last March month 2018 and down 7.9% was at 3,000 2,500 from 1,892 in March of last year. Inventory was at its lowest level compared with March 2018 of 2017 and 2016. 2,500 2,000 its lowest level compared with March of 2017 and 2016. 2016. 574 625 Median Sales Price and Average Sales Price 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 Inventory & MSI 3 Mo Avg 111 220 210 200 190 180 170 160 150 250 240 230 220 210 200 190 180 170 160 150 $238,378 last month. March 2018 ASP was at the highest level compared to March of 2017 and 2016. A M J J A S O N D Median J 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 3 Mo Avg 15 16 17 18 Prices The Median Sales Price in March was $223,750, up 7.6% from Prices $208,000 in March of 2017 and up 3.6% from $215,950 last The Median Sales Price Sales in March was up $249,276, 7.6% from up month. The Average Price in $223,750, March was 250 $208,000 in March of 2017 and up last 12.5% from $221,494 in March of 3.6% 2017 from and $215,950 up 4.6% from month. The last Average Sales Price 2018 in March up level 240 $238,378 month. March ASP was was $249,276, at the highest 230 12.5% from $221,494 of 2017 and up 4.6% from compared to March in of March 2017 and 2016. 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 0 0 100 150 140 130 120 110 100 90 80 70 60 50 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 18 100 200 200 300 3 Mo Avg 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 March 2018 Selling Price per Square Foot of $125 was up 2.9% from $121 last month and up 12.3% from 111 in March of last year. 300 400 500 Number of Properties Sold 2016. March YTD sales of 1,499 are running 0.1% behind last year's year-to-date sales of 1,501. Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg March Sold Price per Square Foot 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 March Sale Price vs List Price Ratio 0 March Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 20 March Average Days on Market (Solds) 40 March Sold Price per Square Foot 60 Asking Price per Square Foot (based on New Listings) March Number of Properties Sold 76 60 Total Properties Currently for Sale (Inventory) 0% 5% 5% 10% 0% 82 80 March Average Days on Market (Solds) 100 March Average Sales Price 4% 5% March Sales Price March Median Number of Properties Sold 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 60, down 18.9% from 74 days last month and down 21.1% from 76 days in March of last year. The March 2018 DOM was at its lowest level compared with March of 2017 and 2016. 3 Mo Avg 120 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Days On Market for Sold Properties Market Time Market Profile Sales & Trends March Median Price Overview Median List Price of all Current Listings March Average Sales Price Title Phone Website Other Community Information | School District Trending versus*: Prior YTD Prior Year YTD March 2018 Agent Name Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY $275,000 2% 10% Other $386,053 Trending 4% versus*: 15% Trending versus*: Month LM L3M PYM LY Prior YTD 9% Prior Year $223,750 4% 2% 8% 7% YTD $219,000 $275,000 2% 10% $249,276 5% 3% 13% 8% $242,352 12% $386,053 1,742 4% -6% 15% -8% $223,750 636 4% 33% 2% 8% -2% 7% $219,000 1,499 9% -0% 4% $249,276 5% 3% 13% 8% $242,352 12% 60 -19% -2% -21% -6% 64 -17% 5% 1,742 -6% -8% $133 -1% 0% 6% 5% $133 8% 636 33% -2% 1,499 -0% $125 3% 2% 12% 8% $122 11% 60 -19% -2% -21% -6% 64 -17% 0% 2.7 -29% -28% -6% -21% 3.8 -7% $133 -1% 0% 6% 5% $133 8% 5% 95.9% .3% .1% 1.2% .5% 95.7% 1% Average List Price of all Current Listings Lake County Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con County: Lake March 2018 Market Action Report County: Lake Lake County Market Action Report County: Lake March 2018 Market Action Report 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 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. 18 c o l dw el l b a n k er h o m es . c o m | 161 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 Association Flagler of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board Coast of REALTORS, Coast Association of REALTORS, Pensacola of REALTORS and estate may 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 REALTORS, County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal of Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Association Emerald of REALTORS, Pensacola Association of REALTORS and Association may not reflect 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.