Florida Market Viewpoint April 2017 - Page 44

Market Action Report Charlotte County County: Charlotte Agent Name Market Action Report County: Charlotte April 2017 Title Phone Agent Name Website Other Title April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY Trending versus*: Prior YTD Prior Year YTD $269,000 2% 8% Other $345,956 Trending 2% versus*: 4% Trending versus*: Month LM -5% L3M 0% PYM 2% LY Prior YTD 6% Prior Year $190,000 3% YTD $190,000 $269,000 2% -3% 1% 8% 6% $231,610 8% $228,757 8% $345,956 2,139 2% -7% 4% 2% $190,000 481 -5% -11% 0% 2% -9% 3% $190,000 1,747 6% 5% 3% $231,610 -3% 1% 6% 8% $228,757 8% 77 -4% 0% 10% 3% 77 10% 7% 2,139 -7% 2% $146 -1% -2% 4% 4% $149 8% 481 -11% -9% 1,747 5% $133 -1% 1% 6% 8% $131 7% 77 -4% 0% 10% 3% 77 10% 3% 4.4 5% -10% 12% -8% 5.5 1% $146 -1% -2% 4% 4% $149 8% 6% 93.6% -.4% -.2% .3% -.5% 93.8% -0% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot 3% 7% 3% 6% 7% 13% -0% $133 -1% 1% 6% 8% $131 7% 7% 4.4 5% -10% 12% -8% 5.5 1% 13% of 93.8% Properties 93.6% -.4% -.2% .3% Number -.5% -0% Sold -0% * 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 3 Mo Avg 700 April Property sales were 481, down 9.2% from 530 in April of 2016 and 11.3% lower than the 542 sales last month. April 2017 600 Property sales were Sales at their lowest level compared to April of 2016 and 700 April Property sales sales were of 481, down from 5.4% 530 in April of of last 500 2015. April YTD 1,747 are 9.2% running ahead 2016 and 11.3% lower sales than of the 1,657. 542 sales last month. April 2017 600 year's year-to-date 400 sales were at their lowest level compared to April of 2016 and Prices 14 The Median Sales Price in April was $190,000, up 2.0% from Prices $186,250 in April of 2016 and down 5.0% from $200,000 last 240 The Median Sales Price Sales in April was in $190,000, 2.0% from month. The Average Price April was up $231,610, up 5.9% $186,250 in April of 2016 and down 5.0% from $200,000 last from $218,763 in April of 2016 and down 2.8% from $238,249 240 220 month. The Average Sales ASP Price in April $231,610, 5.9% to 200 last month. April 2017 was at the was highest level up compared 220 from April of 2016 and down 2.8% from $238,249 April $218,763 of 2016 in and 2015. last month. April 2017 ASP was at the highest level compared to 200 180 402 15 16 Median Sales Price and Average Sales Price 317 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 F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 April of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 2015. April YTD sales of 1,747 are running 5.4% ahead of last year's year-to-date sales of 1,657. Number of Properties Sold 17 3 Mo Avg 180 160 160 140 140 120 120 100 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 100 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 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of April 3,000 was Total 2,139, down 7.1% from 2,302 last month [™•B’[™[ܞB›Ùˆ›Ü\Y\˜]˜Z[X›B™›ÜˆØ[B˜\È\›Ùˆ K‰B\š[œ›ÛBŒË Œ‹ L Bš[ˆ\š[›\Ýœ›ÛBžYX\‹ˆ ‹ Ì ‚\š[\ÝŒŒ M’[™[ܞBš]Ø\Œ‹ LÎK™ÝۈقËŒIB›[۝˜[™\Ø\ŒK‰H]œ›ÛBŒ‹ L Œ‹ L Bš[ˆ\š[›\ÝYX\‹ˆÚ]\š[\š[ŒŒ MÈق’[™[ܞBØ\˜]]šYÚ\Ý›]™[وÛÛ\\™YŒŒ Mˆ[™ŒŒ MK‚Œ‹ L Œ‹ šYÚ\Ý]™[ÛÛ\\™YÚ]\š[و Œ Mˆ[™ Œ MK‚HYÚ\‚˜ÛÛ\\˜]]™[B›ÝÙ\ˆTÒBš\È[ܙHB˜™[™YšXÚX[œÙ[\œÂ“TÒH\È™]\‚™›Üˆ^Y\œË‚\š[›Ü‚ŒŒ M“TÒHÚ[B›Ùˆ H K L šYÚ\‚“TÒBš\È™]\‚™›Üˆ^Y\œË‚\š[ Œ M“TÒB›Ùˆ ›[۝Ø\˜]]ÈYÚ\Ý›]™[B˜ÛÛ\\™YÚ]\š[›Ùˆ Œ Mˆ[™ L ›[۝Ø\˜]š]šYÚ\Ý›]™[˜ÛÛ\\™YÚ]\š[›Ù‚ŒŒ M‚˜[™ŒŒŒ MK‚ŒŒŒ MK‚“HˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHB“HˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHBŒMŒMBŒM‚ŒMŒMŒMBŒM‚ŒM ‹‚ÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\ˆ™\ÚY[X[”™X[\Ý]B‹ÈÛÛÙ[˜[šÙ\‚•[š]Y ”™X[ܜȘ[™ÙN‚”šXÙH˜[™ÙN‚[›Ü\B•\\΂”Ñ’ HÛۂÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\‚ÛÛÙ[”™X[ܜ[›Ü\B•\\Έђ‹HÛۂ›Â›™\ÚY[X[ÈH™X[›ˆ\Ý]B˜Hˆ È™Hˆ˜[šÙ\‚šÈ[š]Y ›Y\˜ÈÈšXÙB›BŽ ŒËŒ‹ŒKŒ ŒŒËŒŒ‹ŒŒKŒŒ Œ‘]Bœ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆX\[‚“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË‘›ܚYHSË”™YÚ[ۘ[“Sː›Ø\™و‘PSԔË”‘PSԔÈو\ÜÛØÚX][ۂ›ÙˆH[B™XXÚ\Ë”ÜXÙHÛØ\ݐ\ÜÛ‘]Bš\È\œ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚‘›Ü›Ü“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆX\[‚ÛÝ[KÛÝ[K“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË“^H›ܚYH^B”™YÚ[ۘ[“˜\\\™XH˜\\›Ø\™\™XB›Ùˆ‘PSԔË”‘PSԔÈ\ÜÛØÚX][ۂH[H™XXÚ\Ë”ÜXÙBÛØ\Ý\ÜÛØÚX][ۂ›Ùˆ‘PS™Ù\Ø\œ˜[›ÜˆÝX\˜[YB˜XØÝ\˜XÞB›Ùˆ[™›Ü›X][ۋ‚\È[™›Ü›X][ۋ‚’]\È™\ÜۜÚXš[]BH™\ÜۜÚXš[]B˜[žH܈^Y\‚™\šYžB˜[™[[™›Ü›X][ۂÈÝXÚÛۜÝ[Y\¸ &\™\Ý]H˜[œØXÝ[ۋ‚™Ù\››Ý›ÝØ\œ˜[›ÜˆÝX\˜[YBHB˜XØÝ\˜XÞB›Ùˆ\’]\ÈB›Ùˆ[žHق˜^Y\‚œÙ[\ˆ܈ÈÙ[\‚™\šYžHÈ[žB˜[™[žB˜[[™›Ü›X][ۂœ™[]˜[È™[]˜[œÝXÚÛۜÝ[Y\¸ &\œ™X[\Ý]H™X[˜[œØXÝ[ۋ