FL ARCHIVED May 2018 | Page 214

Market Action Report
May 2018
County: Walton
WALTON
COUNTY
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 171, up 15.5% from 148
days last month and up 0.6% from 170 days in May of last year.
The May 2018 DOM was at a mid level compared with May of
2017 and 2016.
3 Mo Avg
300
250
200
171
170
133
150
100
50
0
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16
17
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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 $626 was down
12.5% from $715 last month and down 1.2% from 633 in May of
last year.
3 Mo Avg
850
WE ARE LUXURY
800
750
700
Luxury is bearing the hallmark of one of
633
650
600
626
real estate’s most iconic names. Luxury is
549
550
having not just one real estate professional
500
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15
16
17
18
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 92.1% was up from 90.9% last month and up from
92.0% in May of last year.
3 Mo Avg
of 92,000 affiliated agents in 47 countries
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
96%
and territories who can share the beauty
94%
92.7%
92.1%
92.0%
92%
90%
86%
have masterful representation that sells
84%
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15
16
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
500
an average of $148.7 million in $1 million+
homes each day.*
600
400
of your home with an affluent audience
worldwide. Luxury is knowing that you
88%
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 79, down 10.2% from 88 last month and down
1.3% from 80 in May of last year.
working for you — but a global network
Coldwell Banker Global Luxury
®
300
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
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COLDWELLBANKERLUXURY.COM
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 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.
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*Average daily sales. Data based on closed and recorded buyer and/or seller transaction sides of homes sold for $1 million or more as reported by affiliates in the U.S. Coldwell Banker® franchise system for the calendar year 2017. USD$. Total volume calculated by multiplying the number of buyer and/or seller sides
by sales price. Real estate agents affiliated with Coldwell Banker Residential Real Estate are independent contractor agents and are not employees of the Company. ©2018 Coldwell Banker Residential Real Estate. All Rights Reserved. Coldwell Banker Residential Real Estate fully supports the principles of the Fair
Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Global Luxury and the Coldwell Banker Global Luxury logo are registered service marks owned by Coldwell Banker Real Estate LLC.