FL ARCHIVED April 2018 | Page 178

Market Action Report April 2018 Agent Name
Phone Community Information Website | School District Other Price Range : All | Properties : SFH - Con
Market Action Report April 2018 Agent Name

Fort City : Fort Lauderdale / Fort Lauderdale Beach Title

Phone Community Information Website | School District Other Price Range : All | Properties : SFH - Con

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 515,000
1 %
10 %
Average List Price of all Current Listings
$ 1,228,637
3 %
13 %
April Median Sales Price
$ 261,500
-13% -2%
-8%
-8%
$ 266,250
-2%
-7%
April Average Sales Price
$ 404,651
-5%
-2%
-4%
-15%
$ 411,777
-8%
-13%
Total Properties Currently for Sale ( Inventory )
2,145
-1%
-7%
April Number of Properties Sold
76 -29%
-78%
322
-73%
April Average Days on Market ( Solds )
89
22 %
10 %
-3%
-4%
81
-12%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 311
5 %
6 %
-2%
-2%
$ 293
-7%
-8%
April Sold Price per Square Foot
$ 265
11 %
11 %
8 %
6 %
$ 239
-3%
-5%
April Month ' s Supply of Inventory
28.2
40 %
9 %
316 % 88 %
27.6
226 %
84 %
April Sale Price vs List Price Ratio
92.6 % -2.7% -1.3% -2.3% -1.5%
93.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
450
April Property sales were 76 , down 77.6 % from 339 in April of
2017 and 29.0 % lower than the 107 sales last month . April 2018
400
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2017 and
450
350
April
2016 Property . April YTD sales sales were of 76322 , down are 77.6 running % from 73.0 339 % in behind April of last
2017 year and ' s year-to-date 29.0 % lower sales than of the 1,193 107 . sales last month . April 2018 sales were at their lowest level compared to April of 2017 and
2016 . April YTD sales of 322 are running 73.0 % behind last year ' s year-to-date sales of 1,193 .
400
350
300
300
250
200
250
150
200
100
150
50
100
0
50
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 261,500 , down 8.2 % from
Prices
$ 285,000 in April of 2017 and down 12.8 % from $ 299,900 last
The month Median . The Sales Average Price Sales in April Price was in $ 261,500 April was , down $ 404,651 8.2 % from , down
600
$
4.1 285,000 % from in $ April 421,838 of 2017 in April and down of 2017 12.8 and % from down $ 4.9 299,900 % from last month
$ 425,300 . The last Average month Sales . April Price 2018 in April ASP was was $ 404,651 at the lowest , down level
550
4.1 compared % from $ 421,838 to April in of April 2017 of and 2017 2016 and . down 4.9 % from
500
M
J
15
600
550
500
450
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ 425,300 last month . April 2018 ASP was at the lowest level compared to April of 2017 and 2016 .
450
400
400
350
350
300
300
250
250
200
200
M
M
J
15
J
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 2,145 Inventory , down 0.7 of % Properties from 2,160 available last month for sale and as down of April 6.8 %
3,000 was from 2,145 2,301 , down in April 0.7 % of from last 2,160 year . last April month 2018 and Inventory down 6.8 was % at its
3,000
2,500 from lowest 2,301 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its
2,500 lowest level compared with April of 2017 and 2016 .
2,000
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
40.0
35.0
30.0
25.0
40.0
35.0
30.0
25.0
20.0
1,500
20.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
15.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The April 2018 MSI of 28.2 higher MSI is better for buyers . The April 2018 MSI of 28.2
500
10.0 months was at its highest level compared with April of 2017 and
500 months was at its highest level compared with April of 2017 and
5.0
2016 .
0
2016 .
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
16
17
18
15.0
10.0
5.0
0.0
362 371 399 315 355 306 258
362 371 399 315 355 306 258 353 240 291 363 338 345 366 300 306 331 271 281 309 242 239 373 339 366 406 296 228 55 69 83 85 66 73 107 76
2,387 2,337 2,326 2,275 2,251 2,339 2,400 2,332
2,511
353
2,387 2,337 2,326 2,275 2,251 2,339 2,400 2,332 240 291 363
2,742 2,743 2,754 2,696 2,628 338 345 366 300 306
2,511 2,742 2,743 2,754 2,696 2,628 2,547 2,488
331 271 281 309 242 239 373
2,547 2,488 2,364 2,381 2,393 2,333 2,485 2,447 2,445 2,301 2,206 2,174 2,166 2,094 339 366 406
2,364 2,381 2,393 2,333 2,485 2,447 2,445 2,301 2,206 2,174 2,166
296 228 55 69 83
2,070 2,103 2,126 2,110 2,132 2,161 2,160 2,145
85
2,094 2,070 2,103 2,126 2,110 2,132 2,161 66 73
2,160
2,145 107 76
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
90 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .