FL ARCHIVED April 2018 | Page 44

Market Action Report
Charlotte County
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
April 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$274,150
0%
10%
Other
$346,004 Trending
1% versus*: 8%
Month
LM 4%
L3M 6%
PYM 17%
LY
$222,750
$274,150
0% 2% 3%
10% 9%
$252,780
$346,004 2,072
1% -9%
8% -12%
$222,750 544
4% -3%
6% 17% 12%
12%
$252,780 2%
3%
9%
8%
71 -10% -5% -8%
2,072 -9%
-12%
$155 -3% -1% 13%
544 -3%
12%
$142 0% 2% 8%
71 -10% -5% -8% -11%
3.8 -6% -14% -22%
$155 -3% -1% 13% 7%
94.4% .3% .2% .6%
$142 0% 2% 8% 7%
$140
7%
5%
3.8 -6% -14% -22% -24%
5.0 -15%
-1%
of 94.2%
Properties
94.4% .3% .2% .6% Number
.5%
0% Sold 0%
* 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
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
20
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
600
April Property sales were 544, up 11.7% from 487 in April of
2017 and 2.5% lower than the 558 sales last month. April 2018
500
Property
sales were Sales
at their highest level compared to April of 2017 and 600
April
Property
sales sales
were of
544,
up 11.7%
from 487
in April
2016.
April YTD
1,867
are running
6.1%
ahead of of last
400
2017
and
2.5% lower than
558 sales last month. April 2018
year's
year-to-date
sales the
of 1,759.
500
200
451
331
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
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
Median Sales Price and Average Sales Price
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
1,000
A comparatively lower MSI is more beneficial for sellers while a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2018
MSI while
of 3.8 a 1,000
higher
MSI
is better
for buyers.
April 2018
of of
3.8 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.
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
44 | c
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
1,500
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
2,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
2,500
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
1,500
1,500
18
17
3,000
16
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 645, down 15.1% from 760 last month
and up 8.8% from 593 in April of last year.
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
2,000
Inventory / New Listings / Sales
Inventory / New Listings / Sales
170 150
Inventory & MSI
93.2%
90%
190 170
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
3,000
was Total
2,072,
down 8.7%
from 2,269
last month
and
down
12.3%
The
Inventory
of Properties
available
for sale
as of
April
from
2,363
in April
last 2,269
year. last
April
2018 and
Inventory
was at its 3,000 2,500
was
2,072,
down
8.7% of
from
month
down 12.3%
from
2,363
in compared
April of last with
year. April
April
lowest
level
of 2018
2017 Inventory
and 2016. was at its 2,500
2,000
lowest level compared with April of 2017 and 2016.
94.4%
93.8%
91%
210 190
15
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
92%
230 210
150
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
96%
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 95%
of a Seller's market. The April 2018 Selling Price vs Original
94%
List Price of 94.4% was up from 94.1% last month and up from
93.8% in April of last year.
93%
The Median Sales Price in April was $222,750, up 17.2% from
Prices
$190,000 in April of 2017 and up 4.1% from $213,950 last
290
The
Median
Sales
Price Sales
in April
was in
$222,750,
17.2% from
month.
The
Average
Price
April was up $252,780,
up 9.1%
270
$190,000
in
April
of
2017
and
up
4.1%
from
$213,950
last
from $231,649 in April of 2017 and up 2.4% from $246,762 last
290
month.
Average
Price at in the
April
was $252,780,
up 9.1% to
month. The
April
2018 Sales
ASP was
highest
level compared
250
from
April
of 2017 and up 2.4% from $246,762 last 270
April $231,649
of 2017 in
and
2016.
month. April 2018 ASP was at the highest level compared to
250 230
April of 2017 and 2016.
132
125
Prices
3 Mo Avg
142
0
0
100
150
145
140
135
130
125
120
115
110
105
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
17
18
200 100
300
3 Mo Avg
300
400
sales were at their highest level compared to April of 2017 and
2016. April YTD sales of 1,867 are running 6.1% ahead of last
year's year-to-date sales of 1,759.
Number of Properties Sold
Selling Price per Square Foot
Selling Price per Square Foot
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 $142 was up
0.1% from $142 last month and up 7.5% from 132 in April of last
year.
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
40
Asking Price per Square Foot (based on New Listings)
71
60
April Month's Supply of Inventory
9%
7%
-6%
-15%
8%
0%
77
70
April Sold Price per Square Foot
April Average Days on Market (Solds)
7%
$157
1,867
6%
7%
$140
75
-3%
-24%
5.0
$157
9%
.5%
94.2%
80
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
-6%
8%
5%
-1%
0%
100
Total Properties Currently for Sale (Inventory)
6% 5%
-3% 5%
3 Mo Avg
120
April Average Days on Market (Solds)
5%
5%
7%
$210,000 1,867
11%
$245,262
7%
-11%
75
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 71, down 10.1% from 79
days last month and down 7.8% from 77 days in April of last
year. The April 2018 DOM was at a mid level compared with
April of 2017 and 2016.
April Average Sales Price
$245,262
Market Time
April
Sales
Price
April Median
Number
of Properties
Sold
Trending versus*:
YTD
Prior YTD 11%
Prior Year
$210,000
12%
8%
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Community Information | School District
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Title
Phone
Website
Other
Average List Price of all Current Listings
Agent Name
Price Range: All | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
April 2018
Charlotte County
County: Charlotte
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Action Report
County: Charlotte
County: Charlotte
April 2018
1,000
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
| 45
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 Association
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.