Market Action Report May 2018
CORAL
City : Coral Springs
SPRINGS
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 0 , up from 0 days last month and down 100.0 % from 73 days in May of last year . The May 2018 DOM was at a mid level compared with May of 2017 and 2016 .
350 300 250 200 150 100 50
Agent Name Title Phone Website Other
Days On Market for Sold Properties
73
3 Mo Avg
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 $ 0 was up from $ 0 last month and down 100.0 % from 630 in May of last year .
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 0.0 % was up from 0.0 % last month and down from 94.0 % in May of last year .
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 |
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|
16 |
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17 |
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18 |
|
Selling Price per Square Foot |
3 Mo Avg |
1,700 1,500 1,300 1,100 900 700 500 300 100
120 % 100 % 80 % 60 %
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 |
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|
17 |
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18 |
|
630
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.0 %
3 Mo Avg
40 % 20 %
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 1 , up from 0 last month and down 50.0 % from 2 in May of last year .
14 12 10
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 |
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16 |
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17 |
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18 |
|
Inventory / New Listings / Sales |
8 6 4
11
10
6
5
5 7 7
8
9
7 7 7
9 10
7
5 5 5 5
6 12
8 10 10 11 11
9
8 8 8
7
6 6 6 6
7
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 |
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16 |
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|
17 |
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|
18 |
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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 .
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