Community Information | School District
Market Action Report February 2018
County : Miami-Dade 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 102 , up 9.7 % from 93 days last month and up 10.9 % from 92 days in February of last year . The February 2018 DOM was at a mid level compared with February of 2017 and 2016 .
Agent Name
Miami-Dade County
Title
Phone Website Other
Community Information | School District
120
100
80
60
40
20
Days On Market for Sold Properties
88
92
3 Mo Avg
102
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 $ 259 was up 5.5 % from $ 246 last month and up 11.8 % from 232 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 92.7 % was up from 92.4 % last month and down from 92.9 % in February of last year .
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Selling Price per Square Foot |
3 Mo Avg |
300 290 280 270 260 250 240 230 220 210 200
96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 % 92 %
235
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20,115 19,538 19,007 18,504 18,515 18,327 18,312 18,730
232
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91 % |
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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
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25,000 |
shows the basic annual seasonality of the market as well as the |
relationship between these items . The number of New Listings |
20,000 |
in February 2018 was 4,372 , down 13.8 % from 5,073 last month |
and down 1.9 % from 4,456 in February of last year . |
15,000 |
18,954 18,752
94.4 %
19,935 20,754 20,834 20,866
92.9 %
3 Mo Avg
20,793 20,795 20,731 20,673 20,819 20,949 21,275 20,587 21,396 21,499 21,568 21,264 21,181 20,909 21,059 21,075 20,583 21,315 20,976 20,256 20,810 20,874
259
92.7 %
10,000
5,000
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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 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 101 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