FL ARCHIVED May 2018 | Page 192

Market Action Report
May 2018
Agent Name
Price Range: $1,000,000 and Up | Properties: SFH - Con
3 Mo Avg
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up
SFH - Con
Median
List Price
of | Properties:
all Current
Listings
May Month's Supply of Inventory
May Sale Price vs List Price Ratio
Property Sales
150
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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
10
30.0
25.0
35.0
20.0
15 0
5
20 5
25
10
30
15
35
20
Total Inventory & Month's Supply of Inventory (MSI)
25
30
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
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
35.0
5
1,000
10
The Total Inventory of Properties available for sale as of May
was 31, up 10.7% from 28 last month and up 72.2% from 18 in
May of last year. May 2018 Inventory was at its highest level
Inventory
& May
MSI of 2017 and 2016.
compared with
The Total Inventory of Properties available for sale as of May
was 31, up 10.7% from 28 last month and up 72.2% from 18 in
May of last year. May 2018 Inventory was at its highest 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 31.0
months was at its highest 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 31.0
months was at its highest level compared with 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
15
16
17
18
15
25
Inventory & MSI
20
1,200
30
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 6, up 100.0% from 3 last month and up 20.0%
from 5 in May of last year.
1,000
1,400
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,200
1,600
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
1,400
1,800
0%
1,600
2,000
20%
3 Mo Avg
1,800
2,200
40%
60%
3 Mo Avg
Median Sales Price and Average Sales Price
2,000
78.4%
80%
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
2,200
100%
0
Prices
The Median Sales Price in May was $2,250,000, up 34.3% from
$1,675,000 in May of 2017 and up 74.1% from $1,292,500 last
month. The Average Sales Price in May was $2,250,000, up
Prices
29.1% from $1,743,333 in May of 2017 and up 74.1% from
The
Median last
Sales month.
Price in May
May 2018
was ASP
$2,250,000,
34.3% level
from
$1,292,500
was at the up highest
$1,675,000
May of of 2017
2017 and
and 2016.
up 74.1% from $1,292,500 last
compared to in May
month. The Average Sales Price in May was $2,250,000, up
29.1% from $1,743,333 in May of 2017 and up 74.1% from
$1,292,500 last month. May 2018 ASP 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
15
16
17
18
120%
1
Avg Selling Price divided by Avg Listing Price for sold properties during the month
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 78.4% was down from 87.0% last month and up from
0.0% in May of last year.
2 0
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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
200
250
3 Mo Avg
Number of Properties Sold
270
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = 7 Year-to-date
May Property sales were 1, down 83.3% from 6 in May of 2017
and 50.0% lower than the 2 sales last month. May 2018 sales
6
were at their lowest level compared to May of 2017 and 2016.
Property
Sales
7 5
May YTD sales of 10 are running 16.7% behind last year's year-
May
Property
sales
to-date
sales of
12. were 1, down 83.3% from 6 in May of 2017
and 50.0% lower than the 2 sales last month. May 2018 sales
6 4
were at their lowest level compared to May of 2017 and 2016.
5 3
May YTD sales of 10 are running 16.7% behind last year's year-
to-date sales of 12.
4 2
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
400
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 350
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $270 was down
300
10.8% from $303 last month and up from 0 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
0
41
100
200
300
versus*:
Trending versus*:
-5% Trending -9%
LM 66%
L3M 34%
PYM 56%
LY
YTD
Prior
74%
$1,355,000
-4% YTD Prior
-6% Year
-4%
-19%
74% 50% 29% 44% $1,496,990
-5%
-4%
-5%
-9%
11%
72%
74% 66% 34% 56% $1,355,000
-4%
-6%
-50%
-83%
10 -17%
74% 50% 29% 44% $1,496,990
-5%
-4%
285% -4% -34% -27%
108 -36%
-24%
11%
72%
-21% -13% -20% -14%
$447
-3%
1%
-50%
10 23%
-17%
14% 14% -83%
42% 38%
$499
21%
285% 81%
-4% 933%
-34% 242%
-27%
108 61%
-36%
-24%
121%
14.6
61%
-21%
-13%
-20%
-14%
$447
-3%
1%
-6.9% -3.0% -3.7% -1.3%
92.8%
4%
2%
14% 14% 42% 38%
$499
23%
21%
31.0 121% 81% 933%
242%
14.6
61%
61%
Number of Properties Sold
90.0% -6.9% -3.0% -3.7% -1.3%
92.8%
4%
2%
400
Trending versus*:
Prior YTD Prior Year
YTD
Average List Price of all Current Listings
$1,494,819
Market
Profile & Trends Overview
Month
May Median Sales Price
$2,250,000
Median List Price of all Current Listings
$1,249,900
May Average Sales Price
$2,250,000
Average List Price of all Current Listings
$1,494,819
Total Properties Currently for Sale (Inventory)
31
May Median Sales Price
$2,250,000
May Number of Properties Sold
1
May Average Sales Price
$2,250,000
May Average Days on Market (Solds)
104
Total Properties Currently for Sale (Inventory)
31
Asking Price per Square Foot (based on New Listings)
$384
May Number of Properties Sold
May Sold Price per Square Foot
$567 1
May Average Days on Market (Solds)
104
May Month's Supply of Inventory
31.0
Asking Price per Square Foot (based on New Listings)
$384
May Sale Price vs List Price Ratio
90.0%
May
Sold
per 3 Months
Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$567
* LM=Last
Month Price
/ L3M=Last
/ PYM=Same
500
600
700
Days On Market for Sold Properties
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 41, up 2.5% from 40 days
last month and up from 0 days in May of last year. The May
2018 DOM was at its lowest level compared with May of 2017
and 2016.
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -4%
$1,249,900
-19%
City: Pensacola
Beach | School District
Community
Information
Community Information | School District
Market Time
May 2018
City: Pensacola
Beach Report BEACH
PENSACOLA
Market
Action
Title
Phone
Website
Other
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
City: Pensacola
PENSACOLA
Agent Name
0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
10.0
5.0
0.0
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 estate ac
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.
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 REAL
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.
192 | 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 ® | 193
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 REA
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.