FL ARCHIVED September 2017 | Page 162

Market Action Report County: Orange Orange County Agent Name Market Action Report County: Orange September 2017 Title Phone Agent Name Website Title Other September 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $335,000 Other Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY 2% 14% $520,374 Trending 4% versus*: 11% Month LM 0% L3M 0% PYM 9% LY $245,000 $335,000 2% 4% 1% 14% 11% $299,300 $520,374 4,575 4% -9% 11% -20% $245,000 1,345 0% -29% 0% 9% -21% 11% $299,300 4% 1% 11% 13% 53 6% 2% -13% 4,575 $160 -9% 3% -20% 5% 13% 1,345 -29% -21% $144 3% 1% 12% 53 6% 2% -13% -17% 3.4 28% 14% 1% $160 3% 5% 13% 14% 95.6% -.4% -.6% .0% Average List Price of all Current Listings Market Profile & Trends Overview September Median Sales Price Median List Price of all Sales Current Listings September Average Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) September Sales Price September Median Number of Properties Sold September Sales Price September Average Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) September Number of Properties Sold September Sold Price per Square Foot September Average Days on Market (Solds) September Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) September Sale Price vs List Price Ratio September Sold Price per Square Foot Trending versus*: Prior YTD 10% Prior Year 9% 11% YTD $240,000 13% $290,623 11% 10% $240,000 15,252 10% $290,623 11% -17% 57 September Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 2,500 1% 9% -11% 10% $151 8% 15,252 1% $138 10% 57 -11% -11% 3.1 -14% $151 8% 8% 96.0% 0% 14% 14% -5% .0% -11% 8% 10% -14% 0% $144 3% 1% 12% 14% $138 10% 10% 3.4 28% 14% 1% -5% 3.1 -14% -14% of 96.0% Properties 95.6% -.4% -.6% .0% Number .0% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date September Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD September Property sales were 1,345, down 20.8% from 1,699 in September of 2016 and 28.6% lower than the 1,885 sales last Property Sales 2017 sales were at their lowest level month. September 2,500 2,000 September sales were 1,345, down 20.8% from 1,699 in compared Property to September of 2016 and 2015. September YTD September of 2016 28.6% 1.0% lower ahead than the 1,885 sales year-to-date last sales of 15,252 are and running of last year's 2,000 1,500 month. sales of September 15,107. 2017 sales were at their lowest level 3 Mo Avg Number of Properties Sold 3 Mo Avg compared to September of 2016 and 2015. September YTD sales of 15,252 are running 1.0% ahead of last year's year-to-date 1,500 1,000 sales of 15,107. 1,679 1,382 1,843 1,725 3 Mo Avg 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 J J A S 14 15 16 17 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 J J A S 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) 0 6.0 6.0 5.0 4.0 Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 8,000 September was 4,575, down 8.7% from 5,009 last and The Total Inventory of Properties available for sale as month of 8,000 7,000 down 20.4% September of last September September was from 4,575, 5,746 down in 8.7% from 5,009 last year. month and 7,000 6,000 2017 20.4% Inventory at in its September lowest level with September down from was 5,746 of compared last year. September 2017 Inventory was at its lowest level compared with September 6,000 5,000 of 2016 and 2015. of 2016 and 2015. 5,000 4,000 4,000 3,000 A comparatively lower MSI is more beneficial for sellers while 3,000 a 2,000 A higher comparatively lower for MSI buyers. is more The beneficial for sellers MSI is better September 2017 while MSI a of 3.4 2,000 1,000 higher MSI is better for buyers. The September 2017 MSI of 3.4 months was at a mid level compared with September of 2016 1,000 months was at a mid level compared with September of 2016 0 and 2015. and 2015. Median Sales Price and Average Sales Price 290 270 250 230 210 190 170 150 350 330 310 290 270 250 230 210 190 170 150 up 4.0% from $287,809 last month. September 2017 ASP was at the highest level compared to September of 2016 and 2015. 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 J J A S 14 15 16 17 O N D J F M A M J Median J A S O Sales N D J Price F M A and M J Average J A S O N Sales D J F Price M A M J J A S 3 Mo Avg 14 15 16 17 Prices The Median Sales Price in September was $245,000, up 8.9% from $225,000 in September of 2016 and equal to $245,000 Prices The in September was 8.9% last Median month. Sales The Price Average Sales Price in $245,000, September up was 350 from $225,000 September of 2016 and equal to $245,000 $299,300, up in 11.0% from $269,531 in September of 2016 and 330 last The $287,809 Average Sales in September up month. 4.0% from last Price month. September was 2017 ASP was 310 $299,300, up 11.0% $269,531 in September 2016 and at the highest level from compared to September of of 2016 and 2015. 0 0 500 1,000 500 3.0 2.0 1.0 0.0 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 J J A S 5.0 4.0 3.0 2.0 1.0 0.0 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 J J A S 14 15 16 17 14 15 16 17 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of County, Martin County, Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Assoc Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REALTO 162 | c o l d w e l l b a n k e r h o m e s . c o m does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.