Community Information | School District
Market Action Report February 2018
County : Broward Price Range : All | Properties : SFH - Con
Market Time 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 77 , down 6.1 % from 82 days last month and equal to 77 days in February of last year . The February 2018 DOM was at its lowest level compared with February of 2017 and 2016 .
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 February 2018 Selling Price per Square Foot of $ 184 was up 12.8 % from $ 163 last month and up 12.7 % from 163 in February of last year .
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 94.0 % was up from 93.5 % last month and down from 94.7 % in February of last year .
Agent Name
Broward County
Title
Phone Website Other
Community Information | School District
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
Days On Market for Sold Properties
100 |
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90 |
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80 |
78 |
77 |
77 |
70 |
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60 |
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50 |
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40 |
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30 |
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20 |
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10 |
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0 |
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M
A M J
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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 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
200 195 190 185 180 175 170 165 160 155 150
96 % 96 % 95 % 95 % 94 % 94 % 93 % 93 %
8,000 6,000 4,000 2,000
Selling Price versus Listing Price Ratio
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 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 .
155
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M
A M J
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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 |
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16 |
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17 |
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18 |
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0
15,782 15,344 14,876 14,633 14,496 14,223
Avg Selling Price divided by Avg Listing Price for sold properties during the month
92 % |
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M
A M J
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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 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
Inventory / New Listings / Sales |
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This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
|
18,000 |
shows the basic annual seasonality of the market as well as the |
16,000 |
relationship between these items . The number of New Listings |
14,000 |
in February 2018 was 2,143 , down 5.1 % from 2,259 last month and down 46.0 % from 3,971 in February of last year . |
12,000
10,000
|
13,999 14,109 14,248 14,033
94.8 %
15,095 16,290 16,737 16,771 16,390 15,756 15,278 14,605 13,670 12,997 13,147 12,849 13,534
163
94.7 %
13,570 13,363 12,982 12,804 12,543 12,258 11,887 11,719 11,922
3 Mo Avg
3 Mo Avg
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M
A M J
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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 |
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16 |
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17 |
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18 |
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11,612 11,378 11,662
184
94.0 %
11,690
c o l d w e l l b a n k e r h o m e s . c o m | 87 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may