FL ARCHIVED January 2018 | Page 162

Market Action Report
County: Orange
Orange County
Agent Name
Market Action Report
County: Orange
January 2018
Title
Phone
Agent
Name
Website
Title Other
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$339,900
5%
14%
Other
$549,123 Trending
5% versus*:
17%
Month
LM
L3M
PYM
LY
$253,000 -1% 1% 17%
$339,900
5%
14%
$323,127 1% 5% 17%
$549,123 3,870
5% -5% 17% -23%
$253,000 1,227
-1% -25%
1% 17% -3%
5%
$323,127 1%
5%
17%
9%
65 5% 7% -7%
3,870 -5%
-23%
$159 2% 1% 10%
1,227 -25%
-3%
$146 -1% 1% 14%
65 5% 7% -7% 12%
3.2 27% 8% -21%
$159 2% 1% 10% 5%
95.3% -.1% -.1% .2%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price
of
all
Current
January Average Sales Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
January 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
2,500
January Property sales were 1,227, down 2.7% from 1,261 in
January of 2017 and 25.3% lower than the 1,643 sales last
Property
Sales 2018 sales were at a mid level compared to 2,500 2,000
month. January
January
were 1,227,
down
2.7%
from
January Property
of 2017 sales
and 2016.
January
YTD
sales
of 1,261
1,227 in are
January
2017 behind
and 25.3%
the 1,643 sales
running of 2.7%
last lower
year's than
year-to-date
sales last
of 1,261.
2,000 1,500
month. January 2018 sales were at a mid level compared to
January of 2017 and 2016. January YTD sales of 1,227 are
running 2.7% behind last year's year-to-date sales of 1,261.
Trending versus*:
YTD
Prior YTD 17%
Prior Year
$253,000
5%
9%
$323,127
$253,000 1,227
17%
$323,127
17%
12%
65
5%
4%
2%
-.5%
$159
1,227
-3%
$146
65
-7%
3.2
$159
10%
95.3%
17% 5%
9%
-3% 5%
-7% 9%
10%
14%
12%
-21%
5%
0% 12%
5%
4%
2%
-1%
$146 -1% 1% 14% 4%
$146
14%
4%
3.2 27% 8% -21% 2%
3.2 -21%
2%
of 95.3%
Properties
95.3% -.1% -.1% .2% Number
-.5%
0% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
3 Mo Avg
1,500 1,000
Prices
The Median Sales Price in January was $253,000, up 16.6%
Prices
from $217,000 in January of 2017 and down 1.1% from
The
Median last
Sales
Price in The
January
was Sales
$253,000,
16.6% was
$255,900
month.
Average
Price up
in January
350
from
$217,000
in January
2017 and in
down
1.1% of
from
$323,127,
up 16.8%
from of $276,612
January
2017 and up
330
$255,900
last
month. The
Price
in January
was
1.2% from
$319,340
last Average
month. Sales
January
2018
ASP was
at the
310
$323,127,
up
16.8%
from
$276,612
in
January
of
2017
and
up
highest level compared to January of 2017 and 2016.
1.2% from $319,340 last month. January 2018 ASP was at the
highest level compared to January of 2017 and 2016.
290
270
250
230
210
190
170
150
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
15
16
17
18
F M A M J J A S O Median
N D J F Sales
M A M Price
J J A and
S O N
D J F M Sales
A M J Price
J A S O N D J
Average
3 Mo Avg
15
350
330
310
290
270
250
230
210
190
170
150
16
17
Median Sales Price and Average Sales Price
18
3 Mo Avg
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
18
F M 15
A 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
15
16
17
18
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6.0
6.0
0
5.0
4.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
8,000
January
was 3,870,
5.3% available
from 4,088
last as
month
The
Total Inventory
of down
Properties
for sale
of and down
23.1% from
5,031 down
in January
of last
year. last
January
January
was 3,870,
5.3% from
4,088
month 2018
and down 8,000 7,000
7,000 6,000
23.1%
from 5,031
January
last compared
year. January
Inventory
was at in its
lowest of
level
with 2018
January of 2017
Inventory
was at its lowest level compared with January of 2017 6,000 5,000
and 2016.
and 2016.
5,000 4,000
4,000 3,000
A comparatively lower MSI is more beneficial for sellers while 3,000
a
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 3.2 2,000 2,000
higher
MSI
is better
for buyers.
January with
2018
MSI of 3.2
1,000
months
was
at its lowest
level The
compared
January
of 2017
1,000
months
was at its lowest level compared with January of 2017
0
and 2016.
and 2016.
1,845
1,725
1,457
1,700
0
0
500
1,000 500
3.0
2.0
1.0
0.0
5.0
4.0
3.0
2.0
1.0
0.0
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 M A M J J A S O N D J
15
16
17
18
15
16
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
162 | c o l d w e l l b a n k e r h o m e s . c o m
17
18
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
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of R