FL ARCHIVED May 2018 | Page 144
City: Palm Bay
Price
Range:
$1,000,000
and Up Price
| Properties: SFH - Con
May
Median
Sales
May
Average
Days 3 on
Market
(Solds)
* LM=Last
Month / L3M=Last
Months
/ PYM=Same
Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Asking Price per Square Foot (based on New Listings)
2
at their
highest
level
compared
to May
2016.
May / YTD = Year-to-date
* LM=Last
Month
/ L3M=Last
3 Months
/ PYM=Same
Month of
Prior 2017
Year / and
LY=Last
Year (2017)
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
1
-1
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
Prices
The Median Sales Price in May was $0, up from $0 in May of
2017 and down 100.0% from $1,060,000 last month. The
Average Sales Price in May was $0, up from $0 in May of 2017
and down 100.0% from $1,060,000 last month. May 2018 ASP
was at the highest level compared to May of 2017 and 2016.
2
0
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
15
16
17
18
200
2
1
259
3 Mo Avg
3
1
300
May Property sales were 0, up from 0 in May of 2017 and
100.0% lower than the 1 sales last month. May 2018 sales were
at their highest level compared to May of 2017 and 2016. May
YTD sales of 3 are running ahead of last year's year-to-date
sales of 0.
291
400
3 Mo Avg
Number of Properties Sold
2
Property Sales
YTD sales of 3 are running ahead of last year's year-to-date
sales of 0.
100.0%
the 1 Price
sales Ratio
last month. May 2018 sales were
May
Sale lower
Price than
vs List
3
May Sold Price per Square Foot
Property Sales
May
of 0,
Inventory
May Month's
Property Supply
sales were
up from 0 in May of 2017 and
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
700
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
600
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $259 was down
500
33.7% from $391 last month and up from 0 in May of last year.
3 Mo Avg
Selling Price per Square Foot
Selling Price per Square Foot
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
15
16
17
18
15
0
174
200
Trending versus*:
Prior YTD Prior Year
YTD
0%
0%
Trending
Trending
versus*:
$0 -100%
-100% versus*: 0%
$1,060,000
0%
0%
Month 0 LM L3M -100%
PYM
LY
YTD
Prior YTD Prior Year
$0 0 -100%
0%
-100%
3
0%
$0 0 -100%
0% -100% -100% 0%
70
0%
0%
$0
0%
0%
$0 -100%
0% -100%
0% 0% -100%
-100% $1,060,000
$436
-8%
-2%
$0
-100% -100%
0%
$1,060,000
0%
0%
$0 -100% -100%
0%
$420
0%
0%
0
-100%
0.0 0% -100% 0% 0%
0.3
0%
0%
0 -100%
3
0%
0.0%
-100.0% -100.0%
.0%
96.4%
0%
0%
0 -100% -100%
0%
70
0%
0%
$0 0% 0% 0%
-100%
$436
-8%
-2%
Number of Properties Sold
$0 -100% -100%
0%
$420
0%
0%
0.0 0% -100% 0% 0%
0.3
0%
0%
0.0% -100.0% -100.0%
.0%
96.4%
0%
0%
300
May Average Sales Price
Market
Profile Currently
& Trends for
Overview
Total Properties
Sale (Inventory)
Median List Price of all Current Listings
May Number of Properties Sold
Average List Price of all Current Listings
May Average Days on Market (Solds)
May Median Sales Price
Asking Price per Square Foot (based on New Listings)
May Average Sales Price
May Sold Price per Square Foot
Total Properties Currently for Sale (Inventory)
May Month's Supply of Inventory
May
of vs
Properties
May Number
Sale Price
List Price Sold
Ratio
400
LM
Website
$0 0%
-100%
Other
$0 -100% -100%
-100% $1,060,000
Average List Price of all Current Listings
500
May 2018
Trending versus*:
L3M PYM
LY
Phone
$0 0%
-100%
Title
Month
Market Profile & Trends Overview
Median List Price of all Current Listings
600
3 Mo Avg
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 May 2018 Selling Price vs Original List
Price of 86.1% was down from 95.1% last month and up from
0.0% in May of last year.
Title
Phone
Website
Other Name
Agent
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 May was 174, up 383.3% from 36
days last month and up from 0 days in May of last year. The
May 2018 DOM was at a mid level compared with May of 2017
and 2016.
Agent Name
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
City: Palm Bay BAY
PALM
Community
Information
| School District
Market Action
Report
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
May 2018
Title
Phone
Website
Other
Market Action Report
City: Merritt Island
ME RRITT
ISLAND
Agent Name
May 2018
Market Action Report
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
15
16
17
18
Median Sales Price and Average Sales Price
1
3 Mo Avg
144 | coldwellbankerluxury.com
89.0%
1,100
86.1%
0
1,090
1,080 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
80%
15
16
17
18
1,070
-1
60%
1,060
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
1,050
40%
The Median Sales Price in May was $0, up from $0 in May of
1,040
1,100
2017 and down 100.0% from $1,060,000 last month. The
1,030
1,090
20%
Average Sales Price in May was $0, up from $0 in May of 2017
1,020
and down 100.0% from $1,060,000 last month. May 2018 ASP 1,080
1,010
0%
1,070
was at the highest level compared to May of 2017 and 2016.
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
1,000
1,060
15
16
17
18
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
1,050
16
17
18
1,040 15
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,030
This last view of the market combines monthly inventory of
35
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Properties for sale along with New Listings and Sales. The graph
1,020
The Total Inventory of Properties available for sale as of May
shows the basic annual seasonality of the market as well as the
1,010
30
4
0.6
was 0, up from 0 last month and down 100.0% from 1 in May of 1,000
relationship between these items. The number of New Listings
25
last year. May 2018 Inventory was at its lowest level compared
in May 2018 was 6, down 33.3% from 9 last month and down
3
0.5
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
with May of 2017 and 2016.
14.3% from 7 in May of last year.
15
16
17
18
3
20
0.4
2
15
0.3
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
2
The
Total
Inventory
of
Properties
available
for
sale
as
of
May
10
0.2
A comparatively lower MSI is more beneficial for sellers while a 4 1
0.6
was
0, up
from
0 last for
month
and The
down
100.0%
1 in
May of
higher
MSI
is better
buyers.
May
2018 from
MSI of
0.0
0.1
5
1
last
year.
May
2018
Inventory
was
at
its
lowest
level
compared
3
0.5
months was at its highest level compared with May of 2017 and
with
May of 2017 and 2016.
0.0
2016.
3 0
0
0.4
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 A M
2
15
16
17
18
0.3
15
16
17
18
2
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0.2
A comparatively lower MSI is more beneficial for sellers while a 1
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
of REALTORS,
Springs-Estero
of REALTORS,
higher
MSI
is better Bonita
for buyers.
The Association
May 2018
MSI of Royal
0.0 Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate ac
0.1
1 $1,000,000 and Up | Property Types: SFH - Con
Copyright © was
Coldwell
Banker
Residential
Real compared
Estate / Coldwell
Banker
United,
| Price Range:
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.
months
at its
highest
level
with
May
of Realtors
2017 and
100%
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
0.0 Association of REAL
0
2016.
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller J to verify
information
J A any S and O all N
D J relevant
F M to A such
M consumer’s
J J A real S estate
O N transaction.
D J F M A M J J A S O N D J F M A M
15
16
17
18
Coldwell Banker Global Luxury ® | 145
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con