FL ARCHIVED August 2017 | Page 172

Market Action Report Seminole County County: Seminole Agent Name Market Action Report Title Phone Agent Name Website Title Other August 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $342,000 5% 14% Other $442,165 Trending 3% versus*: 16% Month LM L3M PYM LY $244,450 -5% -2% 6% $342,000 5% 14% $272,167 -1% -3% 5% $442,165 1,269 3% -10% 16% -18% $244,450 626 -5% 5% -2% 6% -2% 8% $272,167 -1% -3% 5% 7% 41 2% -2% -15% 1,269 -10% -18% $142 0% 1% 10% 626 5% -2% $133 -2% 0% 8% 41 2% -2% -15% -27% 2.0 -14% -7% -16% $142 0% 1% 10% 10% 96.2% .1% -.2% -.1% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median List Price of all Current August Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) August Sales Price August Median Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) August Number of Properties Sold August Sold Price per Square Foot August Average Days on Market (Solds) August Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) August Sale Price vs List Price Ratio August Sold Price per Square Foot August Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales -2% 7% -19% 7% 10% $139 9% 4,470 -2% 11% $131 10% 46 -19% -18% -28% 2.4 -16% $139 9% 8% .5% 96.4% 1% Prices 14 The Median Sales Price in August was $244,450, up 5.8% from Prices $231,000 in August of 2016 and down 4.9% from $257,000 last 290 The Median Sales Price Sales in August $244,450, 5.8% from up month. The Average Price was in August was up $272,167, $231,000 in August of 2016 and down 4.9% from $257,000 last 290 270 4.9% from $259,355 in August of 2016 and down 0.6% from month. The last Average Sales Price in August up level $273,943 month. August 2017 ASP was was $272,167, at the highest 270 250 4.9% from $259,355 in of August 2016 and down 0.6% from compared to August 2016 of and 2015. $273,943 last month. August 2017 ASP was at the highest level 250 230 574 423 15 16 610 568 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 14 15 16 17 S O N D J F M A M Median J J A S O Sales N D J Price F M A and M J Average J A S O Sales N D J Price F M A M J J A 0 compared to August of 2016 and 2015. 0 100 100 200 3 Mo Avg 200 300 3 Mo Avg 300 400 -18% 8% 9% -14% 1% 400 500 7% 7% 6% Number of Properties Sold 600 $270,473 $133 -2% 0% 8% 11% $131 10% 9% 2.0 -14% -7% -16% -28% 2.4 -16% -14% of 96.4% Properties 96.2% .1% -.2% -.1% Number .5% 1% Sold 1% 800 August Property sales were 626, down 1.9% from 638 in August 700 of 2016 and 5.2% higher than the 595 sales last month. August Property 2017 sales Sales were at a mid level compared to August of 2016 and 800 600 August sales sales were of 626, down from 2.0% 638 in behind August last 2015. Property August YTD 4,470 are 1.9% running 700 of year's 2016 year-to-date and 5.2% higher than the 595 sales last month. August sales of 4,563. 500 2017 sales were at a mid level compared to August of 2016 and 2015. August YTD sales of 4,470 are running 2.0% behind last year's year-to-date sales of 4,563. Trending versus*: YTD Prior YTD 8% Prior Year $243,700 $243,700 4,470 8% $270,473 6% -27% 46 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 8% 7% County: Seminole August 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 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 150 S O 14 N D J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 M J J A 14 15 16 17 Inventory & MSI 2,000 1,500 1,500 1,000 A comparatively lower MSI is more beneficial for sellers while 1,000 a A higher comparatively lower MSI is more beneficial for sellers while a MSI is better for buyers. The August 2017 MSI of 2.0 500 higher MSI is better for buyers. August with 2017 August MSI of 2.0 months was at its lowest level The compared of 2016 500 months was at its lowest level compared with August of 2016 0 and 2015. and 2015. 0 6.0 6.0 5.0 4.0 its lowest level compared with August of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of August 2,500 was Total 1,269, down 10.0% from 1,410 last month down 17.7% The Inventory of Properties available for sale and as of August 2,500 from 1,541 in August last 1,410 year. last August Inventory was 1,269, down 10.0% of from month 2017 and down 17.7% was at 2,000 from 1,541 in August of last year. August 2017 Inventory was at its lowest level compared with August of 2016 and 2015. 3.0 2.0 1.0 0.0 5.0 4.0 3.0 2.0 1.0 0.0 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 M J J A 14 15 16 17 14 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 172 | c o l d w e l l b a n k e r h o m e s . c o m 17 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.