FL ARCHIVED February 2018 | Page 20

Market Action Report February 2018
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report February 2018

Phone Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 249,450
4 %
8 %
Average List Price of all Current Listings
$ 313,381
3 %
14 %
February Median Sales Price
$ 205,000
4 %
-2%
10 %
-1%
$ 199,000
6 %
-4%
February Average Sales Price
$ 233,450
14 %
1 %
5 %
2 %
$ 219,483
1 %
-4%
Total Properties Currently for Sale ( Inventory )
186
14 %
-8%
February Number of Properties Sold
71
4 %
-24%
139
-18%
February Average Days on Market ( Solds )
50 -14% -9%
16 %
16 %
54
17 %
26 %
Asking Price per Square Foot ( based on New Listings )
$ 131
7 %
2 %
12 %
7 %
$ 128
10 %
5 %
February Sold Price per Square Foot
$ 125
9 %
3 %
8 %
6 %
$ 120
6 %
2 %
February Month ' s Supply of Inventory
2.6
9 %
13 %
21 %
24 %
2.5
1 %
19 %
February Sale Price vs List Price Ratio
96.6 %
-. 2 %
. 1 % -1.4% -. 3 %
96.7 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
160
February Property sales were 71 , down 24.5 % from 94 in
February of 2017 and 4.4 % higher than the 68 sales last month .
140
Number of Properties Sold
3 Mo Avg
Property
February 2018 Salesales were at their lowest level compared to
February Property of 2017 sales and 2016 were . 71 February , down 24.5 YTD % from sales 94 of in 139 are
February running of 17.8 2017 % behind and 4.4 % last higher year ' than s year-to-date the 68 sales sales last of month 169 ..
160
140
120
100
February 2018 sales were at their lowest level compared to
February of 2017 and 2016 . February YTD sales of 139 are
120
80
running 17.8 % behind last year ' s year-to-date sales of 169 .
100
60
80
40
60
20
40
0
20
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
0
15
16
17
18
Prices
The Median Sales Price in February was $ 205,000 , up 9.7 %
Prices from $ 186,950 in February of 2017 and up 3.7 % from $ 197,750
The last Median month Sales . The Price Average in February Sales Price was in $ 205,000 February , up was 9.7 $ % 233,450 ,
250 from up 5.5 $ 186,950 % from in $ 221,348 February in of February 2017 and of up 2017 3.7 % and from up $ 13.9 197,750 % from last month . The Average Sales Price in February was $ 233,450 ,
240
$ 204,899 last month . February 2018 ASP was at the highest up 5.5 % from $ 221,348 in February of 2017 and up 13.9 % from
230 level compared to February of 2017 and 2016 .
$ 204,899 last month . February 2018 ASP was at the highest
220 level compared to February of 2017 and 2016 .
210
200
190
180
170
M
A M J
15
250
240
230
220
210
200
190
180
170
160
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
160
150
150
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
105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 110 98 87 110 93 75 94 111 103 115 139 120 105 86 91 104 95 68 71
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 & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 186 , of up Properties 14.1 % from available 163 last for month sale as and of down 8.4 %
February from 203 was in 186 February , up 14.1 of % last from year 163 . last February month 2018 and down Inventory 8.4 % was
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
4.0
3.5
from at its 203 lowest in February level compared of last year with . February 2018 of 2017 Inventory and 2016 was .
300
3.5
250
3.0 at its lowest level compared with February of 2017 and 2016 .
250
3.0
2.5
200
2.5
200
2.0
150
2.0
150
1.5
A comparatively lower MSI is more beneficial for sellers while a
1.5
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The February 2018 MSI of
2.6100
1.0 higher MSI is better for buyers . The February 2018 MSI of 2.6
1.0 months was at its highest level compared with February of 2017
50
0.5 months was at its highest level compared with February of 2017
50
0.5 and 2016 .
0
0.0
S , Flagler County Association and 2016 of . REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR
0 Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant
0.0 real estate activity .
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 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
15
16
16
17
17
18
18
290
105
15
316 290 293
105 316 282
80 293 301
Title Website Other
110 282 274
126 301 271
99 90 91 82 101 65
16
89 106 99 113 98 98 110 98
276 274
265
271 267
276 244
265 226
267 229
244 216
226 224 217
229
232 216
232 224
235 217
230 232
223 232
211 235
211 230
203 223
200 211
205 211 222
203 234 200 230 205 246 222
226 234
202
230 198 186
246 226
186 202 198
87 110 93 75
17
94 111 103 115 139 120 105
163 86 91 104 186
95
163 68
186
18
71
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 Asso
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 .