FL ARCHIVED April 2018 | Page 146

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
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
96.0%
96%
95.9%
month. April 2018 ASP was at a mid range compared to April of
2017 and 2016.
96%
95%
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
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,600
290
270
250
230
210
190
170
150
350
330
310
290
270
250
230
210
190
170
150
800
1,000
1,200
1,400
600
Inventory & MSI
400
1,000
800
200
0
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
16
17
18
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
15
16
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The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
999, Inventory
down 2.0%
from 1,019 available
last month
and as
down
3.4% from 1,400
The
of Properties
for sale
of April
1,400 1,200
1,034
in down
April 2.0%
of last
year.
April
Inventory
was
at its
lowest
was
999,
from
1,019
last 2018
month
and down
3.4%
from
1,034
April of last
year.
April
2018 and
Inventory
level in
compared
with
April
of 2017
2016. was at its lowest 1,200 1,000
level compared with April of 2017 and 2016.
Median Sales Price and Average Sales Price
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
10.0
8.0
96.6%
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
15
16
17
18
Prices
The Median Sales Price in April was $220,000, up 4.8% from
Prices
$210,000 in April of 2017 and equal to $220,000 last month.
The
Sales
Price
in April
was was
$220,000,
up 4.8%
The Median
Average
Sales
Price
in April
$266,146,
down from
12.5%
350
$210,000
in April in
of April
2017 of
and
equal
to up
$220,000
last $256,519
month. last
from $304,148
2017
and
3.8% from
330
The
Average
Sales
Price
in was
April at was
$266,146,
down 12.5%
month.
April
2018
ASP
a mid
range compared
to April of
310
from
$304,148
in
April
of
2017
and
up
3.8%
from
$256,519
last
2017 and 2016.
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
16
17
18
0
0
50
3 Mo Avg
Selling Price versus Listing Price Ratio 50
100
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
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
15
16
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18
Selling Price vs Original Listings Price
-1%
7%
2%
4%
0%
150
150
2%
0%
-1% 5%
$130
3%
2%
4% -14%
5.7
-7%
4%
of 96.8%
Properties
.9% Number
.3%
1% Sold 0%
200
sales were at a mid level compared to April of 2017 and 2016.
April YTD sales of 725 are running 1.8% behind last year's year-
to-date sales of 738.
Trending versus*:
Prior YTD Prior Year
YTD
Number of Properties Sold
124
2%
-9%
.1%
300
April Property sales were 211, down 7.0% from 227 in April of
2017 and 1.9% higher than the 207 sales last month. April 2018 250
Property
sales were Sales
at a mid level compared to April of 2017 and 2016. 300
April
sales
211, running
down 7.0%
from
227 in
April
of year-
April Property
YTD sales
of were
725 are
1.8%
behind
last
year's
200
2017
and sales
1.9% higher
to-date
of 738. than the 207 sales last month. April 2018 250
135
138
The Selling Price vs Original Listing Price reveals the average
98%
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 97%
of a Seller's market. The April 2018 Selling Price vs Original
List Price of 96.6% was down from 96.9% last month and up
97%
from 95.9% in April of last year.
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 April 2018 was 330, down 18.1% from 403 last
month and down 8.1% from 359 in April of last year.
$133 3%
4.7 -4%
96.9% .1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
150
145
140
135
130
125
120
115
110
105
100
3 Mo Avg
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
Selling Price per Square Foot
Selling Price per Square Foot
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
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
16
17
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0
April Average Sales Price
April
Sales
Price
April Median
Number
of Properties
Sold
40 Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
L3M PYM
LY
60
20
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 April 2018 Selli ng Price per Square Foot of $135 was up
2.7% from $131 last month and down 2.0% from 138 in April of
last year.
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List
Price
of
all
Current Listings
April Average Sales Price
77
77
80
92
LM
$285,000
3%
4%
Other
$410,963 Trending
3% versus*: 2%
Trending versus*:
Month
LM 0%
L3M 2%
PYM 5%
LY
Prior YTD 6%
Prior Year
$220,000
5% YTD
$215,000
$285,000
3%
4%
$266,146 4% 3% -12% 4%
$257,666
0%
$410,963 999
3% -2%
2% -3%
$220,000 211
0% 2%
2% 5% -7%
5%
$215,000
6%
725
-2% 2%
$266,146 4%
3%
-12%
4%
$257,666
0%
74 -4% -1% -3% -3%
75
-3% 0%
999 -2%
-3%
$149 -3% -2% 5% 5%
$152
8%
211 2%
-7%
725
-2%
$133 3% 2% -1% 5%
$130
3%
74 -4% -1% -3% -3%
75
-3%
-1%
4.7 -4% -9% 4% -14%
5.7
-7%
$149 -3% -2% 5% 5%
$152
8%
7%
96.9% .1% .1% .9% .3%
96.8%
1%
Average List Price of all Current Listings
120
100
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Time
3 Mo Avg
April 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 April was 77, down 3.8% from 80
days last month and equal to 77 days in April of last year. The
April 2018 DOM was at its lowest level compared with April of
2017 and 2016.
Title
Phone
Agent
Name
Website
Title Other
City: Palm Coast
Palm Coast
Community Information | School District
April 2018
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Palm Coast
Agent Name
Flagler County
Market Action Report
County: Flagler
April 2018
Market Action Report
800
600
A comparatively lower MSI is more beneficial for sellers while a 600 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2018
MSI while
of 4.7 a
400
200
higher
MSI
is better
for level
buyers.
The April
2018
MSI of of 2017
4.7 and
months
was
at a mid
compared
with
April
200
months
was
at
a
mid
level
compared
with
April
of
2017
and
0
2016.
0
2016.
6.0
4.0
2.0
8.0
6.0
4.0
2.0
0.0
0.0
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
J J A Navarre
S O Area
N Board
D J of REALTORS,
F M A M Emerald
J J Coast
A S Association
O N D of REALTORS,
J F M A Pensacola
M J Association
J A S of O REALTORS
N D J and
F may
M not
A reflect all relevant real estate
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 M
Association,
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16
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
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.
146 | c o l d w e l l b a n k e r h o m e s . c o m
15
16
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
17
18
c o l dw el l b a n k er h o m es . c o m
| 147
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
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.