FL ARCHIVED December 2017 | Page 164

Market Action Report Orlando City: Orlando Agent Name Title Phone Agent Name Website Title Other December 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $295,000 Other LM Trending versus*: L3M PYM LY 2% 22% $393,592 Trending 3% versus*: 16% Month LM 5% L3M 4% PYM 13% LY $232,000 $295,000 2% 7% 5% 22% 17% $269,449 $393,592 2,333 3% -16% 16% -29% $232,000 1,053 5% 1% 4% 13% -6% 19% $269,449 7% 5% 17% 19% 61 3% 7% 0% 2,333 $146 -16% -2% -1% -29% 11% 1,053 1% -6% $142 5% 3% 14% 61 3% 7% 0% 0% 2.2 -17% -14% -24% $146 -2% -1% 11% 11% 95.6% .3% .2% -.2% $142 5% 3% 14% 2.2 -17% -14% -24% 95.6% .3% .2% -.2% December Month's Supply of Inventory December 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 1,600 December Property sales were 1,053, down 6.0% from 1,120 in 1,400 December of 2016 and 1.1% higher than the 1,042 sales last Property Sales 2017 sales were at their lowest level month. December 1,600 1,200 December sales were 1,053, down 6.0% from 1,120 in sales compared Property to December of 2016 and 2015. December YTD 1,400 1,000 December 2016 and 1.1% higher than the 1,042 last of 13,478 of are running 0.9% ahead of last year's sales year-to-date month. sales of December 13,362. 2017 sales were at their lowest level 1,200 800 compared to December of 2016 and 2015. December YTD sales 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 15 16 17 J F M A M J J A S Median O N D J Sales F M A Price M J J and A S O Average N D J F Sales M A M Price J J A S O N D 3 Mo Avg 15 16 17 Prices The Median Sales Price in December was $232,000, up 13.2% from $205,000 in December of 2016 and up 5.5% from Prices 290 The Median last Sales month. Price in The December was $232,000, 13.2% $220,000 Average Sales Price in up December was 270 from $205,000 December of 2016 and up 5.5% from $269,449, up in 16.8% from $230,746 in December of 2016 and up 290 $220,000 last month. The Price in December was 7.4% from $250,939 last Average month. Sales December 2017 ASP was at the 250 $269,449, up 16.8% from $230,746 in December of 2016 and up 270 highest level compared to December of 2016 and 2015. 7.4% from $250,939 last month. December 2017 ASP was at the 250 230 highest level compared to December of 2016 and 2015. 0 0 200 200 400 400 600 3 Mo Avg 600 800 3 Mo Avg Number of Properties Sold 1,000 of 13,478 are running 0.9% ahead of last year's year-to-date sales of 13,362. -8% 9% 11% -17% 0% 17% $134 11% 11% -35% 2.8 -17% -17% Number of 95.9% Properties -.1% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Sale Price vs List Price Ratio December Sold Price per Square Foot 1,290 December Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 1,174 December Sold Price per Square Foot December Average Days on Market (Solds) 1% 12% -8% 10% 9% 11% -8% -17% 9% 0% 11% $144 13,478 1% 17% $134 56 -8% -35% 2.8 $144 9% -.1% 95.9% 1,217 December Number of Properties Sold $217,500 13,478 12% $248,897 10% 0% 56 911 Asking Price per Square Foot (based on New Listings) Trending versus*: Total Properties Currently for Sale (Inventory) Trending versus*: Prior YTD Prior Year YTD Prior YTD 12% Prior Year 12% 19% YTD $217,500 19% $248,897 10% 10% December Sales Price December Average Average Days on Market (Solds) December Sales Price December Median Number of Properties Sold Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Market Profile & Trends Overview December Median Sales Price Median List Average Price of all Current December Sales Price Listings Average List Price of all Current Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Orlando December 2017 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 150 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 15 16 17 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 15 16 17 5.0 4.0 2,000 3,000 6.0 6.0 of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 5,000 December was 2,333, down 15.8% from for 2,771 last and The Total Inventory of Properties available sale as month of 5,000 down 28.7% December of last year. December December was from 2,333, 3,273 down in 15.8% from 2,771 last month and 4,000 2017 28.7% Inventory at in its December lowest level compared with December down from was 3,273 of last year. December 4,000 2017 Inventory was at its lowest level compared with December of 2016 and 2015. 3,000 A comparatively lower MSI is more beneficial for sellers while 2,000 a A higher comparatively lower for MSI buyers. is more The beneficial for sellers a 2.2 1,000 MSI is better December 2017 while MSI of higher MSI is better for buyers. December 2017 MSI of 2.2 1,000 months was at its lowest level The compared with December of 2016 months was at its lowest level compared with December of 2016 0 and 2015. 0 and 2015. 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 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 15 16 17 15 16 17 3.0 2.0 1.0 0.0 5.0 4.0 3.0 2.0 1.0 0.0 O N D Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data provided courtesy of Greater Laude rdale REALTORS, REALTOR Association of County, Martin County, Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Assoc Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REALTO 164 | c o l d w e l l b a n k e r h o m e s . c o m 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.