FL ARCHIVED May 2018 | Page 158

Market Action Report
May 2018
3 Mo Avg
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
$1,951,394
Month
$1,360,000
$1,650,000
$1,402,000
$1,951,394
92
$1,360,000 5
May
$1,402,000
May Average
Average Sales
Days Price
on Market (Solds)
160
Total
Properties
Currently
for
Sale
(Inventory)
92
Asking Price per Square Foot (based on New Listings)
$441
May
Number
of
Properties
Sold
May Sold Price per Square Foot
$309 5
May
Average
Days
on
Market
(Solds)
160
May Month's Supply of Inventory
18.4
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$441
May Sale Price vs List Price Ratio
89.8%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $309
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
18.4
May
Sale Price
vs List Price Ratio
89.8%
Property
Sales
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
to-date sales of 9.
1,200
Inventory / New Listings / Sales
25
10
15
20
Inventory & MSI
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 May 2018 was 1, equal to 1 last month and equal to 1 in May of
last year.
1,000
1,400
5
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
The Total Inventory of Properties available for sale as of May
was 92, up 17.9% from 78 last month and up 50.8% from 61 in
May of last year. May 2018 Inventory was at its highest level
Inventory
& MSI
compared with
May of 2017 and 2016.
The Total Inventory of Properties available for sale as of May
was 92, up 17.9% from 78 last month and up 50.8% from 61 in
May of last year. May 2018 Inventory was at its highest level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with May
of 2017
2016.
higher MSI is better for buyers. The May 2018 MSI of 18.4
months was at its lowest level compared with May of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The May 2018 MSI of 18.4
months was at its lowest level compared with May of 2017 and
2016.
1,000
100
40
80
20
Total Inventory & Month's Supply of Inventory (MSI)
20
60
40 0
Total Inventory & Month's Supply of Inventory (MSI)
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
70.0
80
60
100
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
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
40.0
70.0
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
0
60.0
50.0
0%
20%
40%
60%
Median Sales Price and Average Sales Price
Prices
0
3 Mo Avg
The Median Sales Price in May was $1,360,000, down 1.3%
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
2,200
from $1,377,500 in May of 2017 and up 1.3% from $1,342,500
15
16
17
18
last month. The Average Sales Price in May was $1,402,000, up 2,000
Median
Sales
Price
and
Average
Sales
Price
Prices
1.8% from $1,377,500 in May of 2017 and up 2.1% from
3 Mo Avg
The
Median Sales
Price in May
May 2018
was ASP
$1,360,000,
down
1.3% level
$1,372,500
last month.
was at the
highest
1,800
2,200
from
$1,377,500
in of
May
of and
2017 2016.
and up 1.3% from $1,342,500
compared
to May
2017
last month. The Average Sales Price in May was $1,402,000, up 2,000
1,600
1.8% from $1,377,500 in May of 2017 and up 2.1% from
1,400
$1,372,500 last month. May 2018 ASP was at the highest level
1,800
compared to May of 2017 and 2016.
1,200
1,600
80%
Inventory / New Listings / Sales
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
1
93.5%
100%
2 0
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
3 Mo Avg
4 2
Selling Price versus Listing Price Ratio
3 Mo Avg
3 1
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
Selling Price vs Original Listings Price
Trending versus*:
-2% Trending versus*:
1%
LM
LY
YTD
Prior
Year
1% L3M
-9% PYM
-1% 7%
$1,405,000
8% YTD Prior
10%
-1%
2% -8% 4%
2% 4% $1,482,563
18%
10%
-2%
1%
18%
51%
1%
-9%
-1%
8%
10%
-17%
150% 7% $1,405,000
16
78%
2%
-8%
2%
4%
$1,482,563
18%
10%
-32% -33% -34% 32%
211
11%
74%
18%
51%
-10% -3% -14% -6%
$457
0%
-2%
-17%
16
78%
11% 0% 150%
-15% -17%
$331
-5%
-11%
-32%
32%
211 -43%
11%
74%
42% -33%
17% -34%
-40% -38%
17.9
-40%
-10%
-3%
-14%
-6%
$457
0%
-2%
1.6% 1.9% 3.3% 5.2%
89.2%
11%
4%
11% 0% -15% -17%
$331
-5%
-11%
42% 17% -40%
-38% of Properties
17.9 Sold
-43%
-40%
Number
1.6% 1.9% 3.3% 5.2%
89.2%
11%
4%
Number of Properties Sold
351
7
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Las