Florida Market Viewpoint April 2017 - Page 168

Market Action Report Orlando City: Orlando Agent Name Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $296,000 6% 26% Other $405,322 Trending 5% versus*: 23% Month LM L3M PYM LY $219,000 4% 7% 17% $296,000 6% 26% $248,212 6% 6% 17% $405,322 2,859 5% -6% 23% -24% $219,000 1,106 4% -14% 7% 17% -3% 12% $248,212 6% 6% 17% 10% 58 -6% -5% -6% 2,859 -6% -24% $149 3% 4% 12% 1,106 -14% -3% $133 4% 5% 12% 58 -6% -5% -6% -5% 2.6 9% -6% -22% $149 3% 4% 12% 13% 96.3% .4% .5% .5% $133 4% 2.6 9% 96.3% .4% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 Prices The Median Sales Price in April was $219,000, up 17.4% from Prices $186,500 in April of 2016 and up 4.3% from $210,000 last The Median Sales Price Sales in April was in $219,000, 17.4% from month. The Average Price April was up $248,212, up 250 $186,500 in April of 2016 up of 4.3% last 16.6% from $212,902 in and April 2016 from and $210,000 up 6.3% from month. The last Average Sales Price in April up level 240 $233,551 month. April 2017 ASP was was $248,212, at the highest 230 16.6% from $212,902 April and of 2016 and up 6.3% from compared to April of in 2016 2015. $233,551 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 220 210 200 190 180 170 160 150 14 250 240 230 220 210 200 190 180 170 160 150 15 16 827 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 O N D J F M A 14 15 16 17 M J J A S O N D J Median F M A M Sales J J A Price S O N and D J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 O N D J F M A 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Inventory & MSI 4,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 6.0 6.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 6,000 was Total 2,859, down 6.0% from 3,042 last month down 23.9% The Inventory of Properties available for sale and as of April from 3,755 in April last 3,042 year. last April 2017 and Inventory was at its 6,000 5,000 was 2,859, down 6.0% of from month down 23.9% from 3,755 in April of last with year. April April of 2017 was at its lowest level compared 2016 Inventory and 2015. 5,000 4,000 lowest level compared with April of 2016 and 2015. 0 5.0 4.0 3,000 3,000 A comparatively lower MSI is more beneficial for sellers while a 2,000 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 2.6 a 2,000 1,000 higher MSI is better for buyers. April 2017 of 2.6 months was at its lowest level The compared with MSI April of 2016 and 1,000 months 0 2015. was at its lowest level compared with April of 2016 and 2015. 1,232 1,140 1,327 0 0 200 200 3 Mo Avg 400 400 3 Mo Avg 600 600 0% 8% 5% -13% 0% 800 800 4% 5% -10% 3% 13% $143 11% 4,209 4% 10% $127 10% 61 -10% 0% -24% 3.0 -24% $143 11% 8% .6% 95.8% 1% Number of Propert