FL ARCHIVED February 2018 | Page 160

Agent Name Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $121 2% 1% 10% 5% $120 9% 3% 3.7 -22% -2% -18% 8% 4.3 -10% 23% of 95.6% Properties 95.6% .0% -.1% .7% Number .2% 1% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date February Month's Supply of Inventory February 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 700 February Property sales were 477, up 10.9% from 430 in February of 2017 and 23.9% higher than the 385 sales last 600 Property Sales 2018 sales were at their highest level month. February 700 February Property sales were 477, and up 10.9% 430 in YTD sales of 500 compared to February of 2017 2016. from February February 2017 and 23.9% higher than the 385 sales last sales of 600 862 are of running 1.5% ahead of last year's year-to-date 400 month. 849. February 2018 sales were at their highest level 0 458 471 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 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 February 2018 Selling Price vs Original List Price of 95.6% was equal to 95.6% last month and up from 94.9% in February of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 97% 95.6% 96% 94.9% 95% 94% 93.3% 91% 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 15 16 17 18 Inventory / New Listings / Sales Inventory / New Listings / Sales 5.0 4.0 3.0 2.0 1.0 0.0 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 S O N D J F 15 16 17 18 15 16 17 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 160 | c o l d w e l l b a n k e r h o m e s . c o m 500 3.0 0 1.0 0.0 1,000 4.0 2.0 1,500 5.0 2,000 6.0 2,500 6.0 3,000 7.0 7.0 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 February 2018 was 744, up 1.2% from 735 last month and up 4.8% from 710 in February of last year. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 98 92% 2,000 121 93% A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial for sellers while of a 3.7 1,000 MSI is better for buyers. February 2018 MSI 500 higher MSI is better for buyers. February 2018 MSI of 3.7 months was at its lowest level The compared with February of 2017 500 months was at its lowest level compared with February of 2017 0 and 2016. and 2016. 625 604 3 Mo Avg 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 18 The Total Inventory Inventory & MSI of Properties available for sale as of 3,000 February was 1,780, down 3.2% available from 1,838 last as month and The Total Inventory of Properties for sale of down 9.5% February of last last year. February February was from 1,780, 1,966 down in 3.2% from 1,838 month and 2018 3,000 2,500 down 9.5% from 1,966 in February of last year. with February 2018 of 2,500 Inventory was at its lowest level compared February 2,000 Inventory at its lowest level compared with February of 2017 and was 2016. 2017 and 2016. Median Sales Price and Average Sales Price M A 15 M J J 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 15 16 17 18 Inventory & MSI 3 Mo Avg 111 220 210 200 190 180 170 160 150 250 240 230 220 210 200 190 180 170 160 150 0.8% from $235,850 last month. February 2018 ASP was at the highest level compared to February of 2017 and 2016. M A M J J A S O N D J F M A Sales M J J Price A S O and N D Average J F M A Sales M J J Price A S O N D J F Median 3 Mo Avg 15 16 17 18 Prices The Median Sales Price in February was $215,900, up 6.2% Prices from $203,325 in February of 2017 and up 0.4% from The Median last Sales Price in The February was $215,900, up February 6.2% $215,000 month. Average Sales Price in was 250 from $203,325 February 2017 and 0.4% from $237,644, up in 10.1% from of $215,780 in up February of 2017 and up 240 $215,000 last $235,850 month. The Price in February was at the 0.8% from last Average month. Sales February 2018 ASP was 230 $237,644, up 10.1% from $215,780 in February of 2017 and up highest level compared to February of 2017 and 2016. 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 15 16 17 18 0 0 100 150 140 130 120 110 100 90 80 70 60 50 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 15 16 17 18 100 200 200 300 3 Mo Avg 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 February 2018 Selling Price per Square Foot of $121 was up 2.3% from $119 last month and up 9.6% from 111 in February of last year. 300 400 500 Number of Properties Sold compared to February of 2017 and 2016. February YTD sales of 862 are running 1.5% ahead of last year's year-to-date sales of 849. Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg February Sold Price per Square Foot 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 15 16 17 18 February Sale Price vs List Price Ratio 0 February Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 20 February Average Days on Market (Solds) 6% 5% 8% .2% 40 February Sold Price per Square Foot 5% 6% 3% 23% 0% 60 Asking Price per Square Foot (based on New Listings) February Number of Properties Sold 9% 862 2% 2% 12% 67 -14% 3% $134 10% 862 2% $120 9% 67 -14% 5% 4.3 -10% $134 10% 6% 95.6% 1% 74 Total Properties Currently for Sale (Inventory) $215,000 $236,843 16% 83 82 80 February Average Days on Market (Solds) 12% 100 February Average Sales Price $236,843 2% 3% February Sales Price February Median Number of Properties Sold 3% 3% 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 February was 74, up 27.6% from 58 days last month and down 10.8% from 83 days in February of last year. The February 2018 DOM was at its lowest level compared with February of 2017 and 2016. 3 Mo Avg 120 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: YTD Prior YTD 9% Prior Year $215,000 Days On Market for Sold Properties Market Time Market Profile & Sales Trends Overview February Median Price Median List Price of all Current February Average Sales Price Listings Title Phone Website Other Community Information | School District Trending versus*: Prior YTD Prior Year YTD February 2018 Agent Name Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY $269,900 2% 8% Other $378,492 Trending 4% versus*: 15% Month LM 0% L3M -1% PYM 6% LY $215,900 $269,900 2% 8% $237,644 1% 0% 10% $378,492 1,780 4% -3% 15% -9% $215,900 477 0% 24% -1% 6% 11% 3% $237,644 1% 0% 10% 3% 74 28% 19% -11% 1,780 -3% -9% $135 2% 2% 13% 477 24% 11% $121 2% 1% 10% 74 28% 19% -11% 16% 3.7 -22% -2% -18% $135 2% 2% 13% 6% 95.6% .0% -.1% .7% Average List Price of all Current Listings Lake County Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con County: Lake February 2018 Market Action Report County: Lake Lake County Market Action Report County: Lake February 2018 Market Action Report 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 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 Beach es, Space Coast Association of REALTORS 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. 18 c o l dw el l b a n k er h o m es . c o m | 161 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.