FL ARCHIVED May 2018 | Page 198

Market Action Report
May 2018
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up
SFH - Con
Median
List Price
of | Properties:
all Current
Listings
2
2
1
0
1
The Median Sales Price in May was $1,362,500, down 24.3%
from $1,800,000 in May of 2017 and up 0.9% from $1,350,000
last month. The Average Sales Price in May was $1,710,575,
Prices
down 8.7% from $1,874,409 in May of 2017 and down 4.5%
The
Sales last
Price
in May May
was 2018
$1,362,500,
from Median
$1,790,669
month.
ASP was down
at the 24.3%
lowest
from
May
2017
and
up 0.9% from $1,350,000
level $1,800,000
compared to in
May
of of
2017
and
2016.
last month. The Average Sales Price in May was $1,710,575,
down 8.7% from $1,874,409 in May of 2017 and down 4.5%
from $1,790,669 last month. May 2018 ASP was at the lowest
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
Median Sales Price and Average Sales Price
3 Mo Avg
4,500 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
4,000
3,500
4,500
3,000
4,000
2,500
3,500
2,000
3,000
1,500
2,500
1,000
2,000
1,500
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0
Prices
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
15
16
17
18
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 0, up from 0 last month and up from
0 in May of last year.
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
15
16
17
18
5
10
0%
20%
40%
60%
3 Mo Avg
80%
3 Mo Avg
Number of Properties Sold
100%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = 25
Year-to-date
May Property sales were 20, up 81.8% from 11 in May of 2017
and 300.0% higher than the 5 sales last month. May 2018 sales
20
were at their highest level compared to May of 2017 and 2016.
Property
Sales
May YTD sales of 47 are running 20.5% ahead of last year's year- 25
May Property sales were 20, up 81.8% from 11 in May of 2017
to-date sales of 39.
and 300.0% higher than the 5 sales last month. May 2018 sales 15
20
were at their highest level compared to May of 2017 and 2016.
May YTD sales of 47 are running 20.5% ahead of last year's year- 10
to-date sales of 39.
15
May Sale Price vs List Price Ratio
Property Sales
Avg Selling Price divided by Avg Listing Price for sold properties during the month
May Month's Supply of Inventory
3 Mo Avg
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings 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
0
0
1
1
Trend ing versus*:
0% Trending versus*:
2%
LM L3M PYM
LY
YTD
Prior YTD Prior Year
1%
3% -24% -1%
$1,350,000
12%
-2%
0%
-3%
-4% 4% -9% 2% $1,724,748
7%
3%
0%
2%
3%
9%
1% 3% -24% -1% $1,350,000
12%
-2%
300%
82%
47
21%
-4% 4% -9% 2% $1,724,748
7%
3%
-9% 15% 11% 13%
215
14%
-9%
3%
9%
8% 1% 0% 4%
$461
-2%
2%
300%
82%
47
21%
16% 8% -13% -9%
$389
-12%
-13%
-9% 15% 11% 13%
215
14%
-9%
-74% -56% -40% -67%
19.1
-4%
-12%
8% 1% 0% 4%
$461
-2%
2%
3.9% .4% 4.5% 1.4%
90.0%
1%
1%
16% 8% -13% -9%
$389
-12%
-13%
7.2 -74% -56% -40% -67%
19.1
-4%
-12%
Number of Properties Sold
90.1% 3.9% .4% 4.5% 1.4%
90.0%
1%
1%
Average List Price of all Current Listings
$1,891,908
Market Profile & Trends Overview
Month
May Median Sales Price
$1,362,500
Median List Price of all Current Listings
$1,550,000
May Average Sales Price
$1,710,575
Average List Price of all Current Listings
$1,891,908
Total Properties Currently for Sale (Inventory)
143
May Median Sales Price
$1,362,500
May Number of Properties Sold
20
May Average Sales Price
$1,710,575
May Average Days on Market (Solds)
266
Total Properties Currently for Sale (Inventory)
143
Asking Price per Square Foot (based on New Listings)
$466
May Number of Properties Sold
20
May Sold Price per Square Foot
$406
May Average Days on Market (Solds)
266
May Month's Supply of Inventory
7.2
Asking Price per Square Foot (based on New Listings)
$466
May Sale Price vs List Price Ratio
90.1%
May
Sold
per 3 Months
Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$406
* LM=Last
Month Price
/ L3M=Last
/ PYM=Same
1
Trending versus*:
Prior YTD Prior Year
YTD
1
120%
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other 0%
$1,550,000
-3%
3 Mo Avg
0
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 up
from 0.0% in May of last year.
Agent Name
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 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.
City: Destin
DESTIN
Market
Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
May 2018
City: Destin Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
City: Crestview
CRESTVIEW
Agent Name
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
15
16
17
18
1,000
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 Inventory
Association of REALTORS,
Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Total
Area Board Inventory
of REALTORS, Emerald
Coast Association Supply
of REALTORS, of
Pensacola
Association of REALTORS
& Month's
Inventory
(MSI) and may not reflect all relevant real estate ac
& MSI
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors |
180
160
140
120
180
100
160
80
140
60
120
40
100
20
80 0
60
40
20
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
80.0
70.0
Total Inventory & Month's Supply of Inventory (MSI)
60.0
50.0
80.0
40.0
70.0
30.0
60.0
20.0
50.0
10.0
40.0
0.0
30.0
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
20.0
15
16
17
18
10.0
0.0
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
The Total Inventory of Properties available for sale as of May
was 143, up 2.9% from 139 last month and up 9.2% from 131 in
May of last year. May 2018 Inventory was at a mid level
Inventory
& May
MSI of 2017 and 2016.
compared with
The Total Inventory of Properties available for sale as of May
was 143, up 2.9% from 139 last month and up 9.2% from 131 in
May of last year. May 2018 Inventory was at a mid 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 7.2
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 7.2
months was at its lowest level compared with May of 2017 and
2016.
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 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.
198 | 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 ® | 199
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida R egional 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.