FL ARCHIVED April 2018 | Page 160

Agent Name Title Phone Agent Name Website Title Other April 2018 Community Information | School District Phone Month Website YTD $122 -3% 0% 11% 6% $122 11% 5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date April Month's Supply of Inventory 2.8 -3% -13% -11% -21% 3.6 -7% 3% of 95.6% Properties April Sale Price vs List Price Ratio 95.3% -.6% -.3% 1.0% Number -.1% 1% Sold 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 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 700 April Property sales were 622, up 1.5% from 613 in April of 2017 and 3.1% lower than the 642 sales last month. April 2018 sales 600 Property Sales were at their highest level compared to April of 2017 and 2016. 700 April sales 1.5% from in April of 2017 500 April Property YTD sales of were 2,130 622, are up running 0.7% 613 ahead of last year's and 3.1% lower sales than of the 2,115. 642 sales last month. April 2018 sales 600 year-to-date 400 were at their highest level compared to April of 2017 and 2016. 419 531 Median Sales Price and Average Sales Price 3 Mo Avg 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 April 2018 Selling Price vs Original List Price of 95.3% was down from 95.9% last month and up from 94.4% in April of last year. 210 190 97% 96% 96% 95% 95% 94% 94% 93% 93% 92% 92% 95.3% 94.4% 94.0% 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 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 2.8 a 1,000 higher MSI is better for buyers. April 2018 of of 2.8 2017 and 500 500 months was at its lowest level The compared with MSI April months 0 2016. was at its lowest level compared with April of 2017 and 0 2016. 4.0 3.0 2.0 1.0 16 17 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 160 | c o l d w e l l b a n k e r h o m e s . c o m 18 3.0 2.0 1.0 0.0 1,000 4.0 5.0 5.0 1,500 6.0 6.0 7.0 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 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 15 2,000 7.0 Total Inventory & Month's Supply of Inventory (MSI) 2,500 18 3,000 3,000 17 The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 1,735, down 6.3% from 1,852 last month and 9.9% The Inventory of Properties available for sale as down of April from 1,925 in April last 1,852 year. last April 2018 Inventory was at its 3,000 2,500 was 1,735, down 6.3% of from month and down 9.9% from 1,925 in April of last with year. April April of 2018 was at its lowest level compared 2017 Inventory and 2016. 2,500 2,000 lowest level compared with April of 2017 and 2016. 2,000 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory / New Listings / Sales Inventory / New Listings / Sales 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 809, down 0.7% from 815 last month and up 6.0% from 763 in April of last ye ar. 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 18 170 150 15 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 190 170 Inventory & MSI 110 103 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 18 230 210 150 3 Mo Avg 122 The Median Sales Price in April was $222,000, up 7.3% from Prices $206,897 in April of 2017 and down 1.3% from $225,000 last 290 The Median Sales Price Sales in April was in $222,000, 7.3% from up month. The Average Price April was up $243,552, 270 $206,897 in April of 2017 1.3% and from $225,000 last 13.0% from $215,545 in and April down of 2017 down 2.7% from 290 month. The last Average Sales Price 2018 in April up level $250,303 month. April ASP was was $243,552, at the highest 270 250 13.0% from $215,545 April and of 2017 and down 2.7% from compared to April of in 2017 2016. $250,303 last month. April 2018 ASP was at the highest level 250 230 150 140 130 120 110 100 90 80 70 60 50 619 575 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 compared to April of 2017 and 2016. 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 0 100 100 200 200 300 3 Mo Avg 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 Selling Price per Square Foot of $122 was down 2.5% from $126 last month and up 11.1% from 110 in April of last year. 300 400 500 Number of Properties Sold April YTD sales of 2,130 are running 0.7% ahead of last year's year-to-date sales of 2,115. Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg April Sale Price vs List Price Ratio April Sold Price per Square Foot 0 April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Average Days on Market (Solds) 64 20 April Sold Price per Square Foot April Number of Properties Sold 0% 6% 5% 3% 0% Asking Price per Square Foot (based on New Listings) April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) 70 April Average Sales Price 78 April Sales Price April Median Number of Properties Sold The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 100 trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a 80 Seller's market. The DOM for April was 64, up 6.7% from 60 days last month and down 8.6% from 70 days in April of last year. The April 2018 DOM was at its lowest level compared with 60 April of 2017 and 2016. 40 5% 6% 3 Mo Avg 120 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Days On Market for Sold Properties Market Time Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Community Information | School District Trending versus*: Prior YTD Prior Year $279,900 4% 12% Other $391,574 Trending 4% versus*: 14% Trending versus*: Month LM L3M PYM LY Prior YTD 9% Prior Year $222,000 -1% 1% 7% 6% YTD $219,945 $279,900 4% 12% $243,552 -3% 0% 13% 6% $242,902 13% $391,574 1,735 4% -6% 14% -10% $222,000 622 -1% -3% 1% 7% 1% 6% $219,945 2,130 9% 1% 5% $243,552 -3% 0% 13% 6% $242,902 13% 64 7% 0% -9% 0% 64 -15% 6% 1,735 -6% -10% $134 2% 2% 9% 7% $132 8% 622 -3% 1% 2,130 1% $122 -3% 0% 11% 6% $122 11% 64 7% 0% -9% 0% 64 -15% 0% 2.8 -3% -13% -11% -21% 3.6 -7% $134 2% 2% 9% 7% $132 8% 6% 95.3% -.6% -.3% 1.0% -.1% 95.6% 1% Average List Price of all Current Listings Title Phone Website Other Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY April 2018 Agent Name Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Lake County Price Range: All | Properties: SFH - Con County: Lake Market Action Report County: Lake Lake County Market Action Report County: Lake April 2018 Market Action Report 500 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | 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 REAL 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. c o l dw el l b a n k er h o m es . c o m | 161 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 Association Flagler of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board Coast of REALTORS, Coast Association of REALTORS, Pensacola of REALTORS and estate may 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 REALTORS, County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal of Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Association Emerald of REALTORS, Pensacola Association of REALTORS and Associati on may not reflect all relevant 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.