FL ARCHIVED May 2018 | Page 164

Market Action Report
May 2018
County: Orange
ORANGE
COUNTY
Market Action Report
Agent Name
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 1%
$1,669,000
5%
County: Orange
Community
Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
$2,201,992
Month
$1,635,000
$1,669,000
$1,855,835
$2,201,992
451
$1,635,000
55
$1,855,835
112
Total
Properties
for Sale
(Inventory)
451
Asking
Price per Currently
Square Foot
(based
on New Listings)
$386
May
Number
of
Properties
Sold
55
May Sold Price per Square Foot
$377
May
Average
Days
on
Market
(Solds)
112
May Month's Supply of Inventory
8.2
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$386
May Sale
Price
List Price
93.2%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $377
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
8.2
May
Sale Price
vs List Price Ratio
93.2%
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
May
May Average
Average Sales
Days Price
on Market (Solds)
60
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Agent Name
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Market Time
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 112, down 21.7% from
143 days last month and down 33.3% from 168 days in May of
last year. The May 2018 DOM was at its lowest level compared
with May of 2017 and 2016.
200
150
112
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
3 Mo Avg
Number of Properties Sold
3 Mo Avg
Selling Price per Square Foot
Selling Price per Square Foot
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 May 2018 Selling Price per Square Foot of $377 was up 0.9%
from $374 last month and up 4.9% from 359 in May of last year.
290
270
16
Median Sales Price and Average Sales Price
3 Mo Avg
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
16
17
18
2,100 15
3 Mo Avg
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 May 2018 Selling Price vs Original List
Price of 93.2% was down from 93.4% last month and up from
90.9% in May of last year.
98%
96%
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors |
91.1%
92%
90.9%
90%
86%
1,90 0
1,500
84%
82%
1,700
1,300
80%
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
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
Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
16
17
18
5.0
0.0
300
400
20.0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
10.0
Total Inventory & Month's Supply of Inventory (MSI)
500
25.0
500 600
600
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
30.0
Inventory / New Listings / Sales
Inventory / New Listings / Sales
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 99, down 15.4% from 117 last month and up
25.3% from 79 in May of last year.
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
1,100
93.2%
94%
88%
2,100
1,700
1,300
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,900
Median Sales Price and Average Sales Price
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
35
250
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
100
331
330
40
20
400
600
300
500
200
400
100
300
0
200
359
350
1,500
1,100
Inventory & MSI
377
370
310
10
The Total Inventory of Properties available for sale as of May
was 451, up 3.2% from 437 last month and up 1.1% from 446 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 451, up 3.2% from 437 last month and up 1.1% from 446 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 8.2
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 8.2
months was at its lowest level compared with May of 2017 and
2016.
3 Mo Avg
390
50
30
0
168
163
0
60
40
20
0
Prices
3 Mo Avg
250
50
30
10
The Median Sales Price in May was $1,635,000, up 14.7% from
$1,425,000 in May of 2017 and up 10.1% from $1,485,000 last
month. The Average Sales Price in May was $1,855,835, up
Prices
0.7% from $1,843,222 in May of 2017 and up 1.8% from
The
Median Sales
Price in May
May 2018
was ASP
$1,635,000,
up highest
14.7% from
$1,822,619
last month.
was at the
level
$1,425,000
in May
May of
of 2017
2017 and
and 2016.
up 10.1% from $1,485,000 last
compared to
month. The Average Sales Price in May was $1,855,835, up
0.7% from $1,843,222 in May of 2017 and up 1.8% from
$1,822,619 last month. May 2018 ASP was at the highest level
compared to May of 2017 and 2016.
Title
Phone
Website
Other
Community Information | School District
Trending versus*:
3% Trending versus*:
3%
LM L3M
LY
YTD
Prior
10%
6% PYM
15% 15%
$1,527,875
2% YTD Prior
7% Year
1%
2% 2% 5%
1% 5% $1,864,771
-2%
6%
3%
3%
3%
1%
10%
2%
7%
20% 6% 15%
49% 15% $1,527,875
190
25%
2%
2%
1%
5%
$1,864,771
-2%
6%
-22% -11% -33% -20%
125 -26%
-11%
3%
1%
-8% 1% 7% 3%
$375
2%
0%
20%
190
25%
1% 3% 49%
5% 9%
$371
6%
8%
-22%
125 -25%
-26%
-11%
-14% -11%
-16% -33%
-32% -20%
-39%
12.0
-11%
-8% -.8%
1% 2.5%
7% 2.4%
3%
$375
2%
0%
-.2%
93.6%
4%
3%
1% 3% 5% 9%
$371
6%
8%
-14% -16% -32%
-39%
12.0
-25%
-11%
Number of Properties Sold
-.2% -.8% 2.5% 2.4%
93.6%
4%
3%
50
May 2018
County: Orange
ORANGE
COUNTY
May Property sales were 55, up 48.6% from 37 in May of 2017
and 19.6% higher than the 46 sales last month. May 2018 sales
were at their highest level compared to May of 2017 and 2016.
Property
Sales
May YTD sales
of 190 are running 25.0% ahead of last year's
May
Property sales
sales of
were
year-to-date
152. 55, up 48.6% from 37 in May of 2017
and 19.6% higher than the 46 sales last month. May 2018 sales
were at their highest level compared to May of 2017 and 2016.
May YTD sales of 190 are running 25.0% ahead of last year's
year-to-date sales of 152.
Market Action Report
200
100
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
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 REALT
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.
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, Bonita Springs-Estero Association of REALTORS, Royal 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 estat
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.
164 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 165
Data is provided courtesy of Greater Fort Lauderdale REALTORS, RE ALTOR 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, Bonita Springs-Estero Association of REALTORS, Royal 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 es
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.