FL ARCHIVED April 2018 | Page 194

96.4% 91% 90% 180 160 94% 93% 92% April of 2017 and 2016. 89% 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 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 300 A comparatively lower MSI is more beneficial for sellers while 300 a 200 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 3.4 a 200 100 higher MSI is better for buyers. April 2018 of of 3.4 2017 and months was at its lowest level The compared with MSI April 100 months 0 2016. was at its lowest level compared with April of 2017 and 0 2016. 0 400 400 500 level compared with April of 2017 and 2016. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 500 The Total Inventory Inventory & MSI of Properties available for sale as of April 700 was Total 365, Inventory down 1.9% 372 last month for and down The of from Properties available sale as of 5.9% April from 388 365, in April last from year. 372 April Inventory at from its lowest 700 600 was down of 1.9% last 2018 month and down was 5.9% 388 in compared April of last with year. April April level of 2018 2017 Inventory and 2016. was at its lowest 600 500 1,000 1,500 Inventory & MSI 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 17 18 100 2,000 120 100 3,000 2,500 3 Mo Avg 140 120 Inventory / New Listings / Sales Inventory / New Listings / Sales Median Sales Price and Average Sales Price 160 140 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 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 639, down 0.8% from 644 last month and up 11.1% from 575 in April of last year. 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 $204,874, up 7.3% from Prices $191,000 in April of 2017 and up 5.1% from $194,875 last 240 The Median Sales Price Sales in April was in $204,874, 7.3% from up 9.9% month. The Average Price April was up $207,366, 220 $191,000 in April in of April 2017 of and up 5.1% from $194,875 last from $188,605 2017 and up 5.4% from $196,676 last 240 month. Average Price at in the April was $207,366, up 9.9% month. The April 2018 Sales ASP was highest level compared to 200 from in April of 2017 and up 5.4% from $196,676 last 220 April $188,605 of 2017 and 2016. month. April 2018 ASP was at the highest level compared to 200 180 94.9% 95% 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 20 20 96% 40 40 3 Mo Avg 96.5% 97% 60 80 60 Avg Selling Price divided by Avg Listing Price for sold properties during the month 98% 80 100 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 120 April YTD sales of 381 are running 15.1% ahead of last year's year-to-date sales of 331. 142 3 Mo Avg Number of Properties Sold 163 180 April Property sales were 106, up 21.8% from 87 in April of 2017 and 10.2% lower than the 118 sales last month. April 2018 sales 160 Property Sales were at their highest level compared to April of 2017 and 2016. 180 140 April sales 106, running up 21.8% from ahead 87 in April 2017 April Property YTD sales of were 381 are 15.1% of last of year's and 10.2% lower than 118 sales last month. April 2018 sales 160 120 year-to-date sales of the 331. were at their highest level compared to April of 2017 and 2016. 140 100 164 7% $98 8% 4% -14% 4.0 -19% 0% Number of 96.5% Properties -.0% 0% Sold -0% 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 1% 5% 4% 0% -0% April Month's Supply of Inventory 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 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 96.4% was down from 96.8% last month and down from 96.5% in April of last year. $100 -1% 2% 6% 3.4 9% -3% -23% 96.9% -.1% .4% -1.3% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 200 19