FL ARCHIVED January 2018 | Page 178

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Winter Springs

Price Range : All | Properties : SFH - Con
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
$ 313,500
-2%
12 %
Average List Price of all Current Listings
$ 373,018
-2%
21 %
January Median Sales Price
$ 266,000
3 %
5 %
2 %
3 %
$ 266,000
2 %
3 %
January Average Sales Price
$ 282,763
6 %
6 %
0 %
4 %
$ 282,763
0 %
4 %
Total Properties Currently for Sale ( Inventory )
86 -10%
-25%
January Number of Properties Sold
38 -17%
-12%
38
-12%
January Average Days on Market ( Solds )
65
110 % 38 %
8 %
51 %
65
8 %
51 %
Asking Price per Square Foot ( based on New Listings )
$ 151
4 %
3 %
6 %
6 %
$ 151
6 %
6 %
January Sold Price per Square Foot
$ 137
-6%
-2%
5 %
0 %
$ 137
5 %
0 %
January Month ' s Supply of Inventory
2.3
8 %
3 %
-15%
12 %
2.3
-15%
12 %
January Sale Price vs List Price Ratio
96.6 %
-. 6 %
. 5 %
2.8 %
-. 1 %
96.6 %
3 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
100
January Property sales were 38 , down 11.6 % from 43 in January of 2017 and 17.4 % lower than the 46 sales last month . January
90
Property
2018 sales Sales were at a mid level compared to January of 2017 and
100
80
January
2016 . January Property YTD sales sales were of 38 38 , down are running 11.6 % from 11.643 % in behind January last of year 2017 ' s and year-to-date 17.4 % lower sales than of the 43 . 46 sales last month . January
2018 sales were at a mid level compared to January of 2017 and
90
80
70
60
2016 . January YTD sales of 38 are running 11.6 % behind last
70
50
year ' s year-to-date sales of 43 .
60
40

Winter Agent Springs

Name
Title Phone Website Other

Community Information | School District

50 30
Number of Properties Sold
40
20
30
10
20
0
10
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 266,000 , up 1.5 % from
F
M A M J
15
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
3 Mo Avg
Prices
$ 262,000 in January of 2017 and up 3.3 % from $ 257,450 last
The month Median . The Sales Average Price Sales in January Price was in January $ 266,000 was , up $ 282,763 1.5 % from , up
$
0.2 262,000 % from in $ January 282,082 of in 2017 January and up of 3.3 2017 % from and $ up 257,450 5.8 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 267,385 . The last Average month Sales . January Price in 2018 January ASP was $ at 282,763 the highest , up level
0.2 % from $ 282,082 in January of 2017 and up 5.8 % from
270 compared to January of 2017 and 2016 .
$ 267,385 last month . January 2018 ASP was at the highest level
250
250
230
compared to January of 2017 and 2016 .
230
210
210 190
190 170
64 72 75 77 70 83 60 53 41 52 59 32 43 70 55 67 85 74 76 64 55 43 68 43 44 65 61 87 93 79 68 51 56 48 46 38
170
150
150
F
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
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
18
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
January Total Inventory was 86 , down of Properties 10.4 % from available 96 last for month sale as and of down
January
24.6 % from was 86 114 , down in January 10.4 % from of last 96 year last . month January and 2018 down Inventory
200
24.6 was % at from its lowest 114 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 .
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
4.5
4.0
3.5
was at its lowest level compared with January of 2017 and 2016 .
150
3.5
3.0
100
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 2.3 higher MSI is better for buyers . The January 2018 MSI of 2.3
50 months was at its lowest level compared with January of 2017 months and 2016 was
. at its lowest level compared with January of 2017 and 2016 .
0
3.0
100
2.5
2.0
50
1.5
1.0
0.5
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 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
17
18
2.5
2.0
1.5
1.0
0.5
0.0
141
142 64 72
159 141
157 142 75 77 70 83 60 53 41 52 59
Number of Properties Sold
32 43 70 55 67 85
156 159
169 157
172 156
160 169
147 172 135 160
127 147
126 135
119
127 136 126 155
119 155 136 149 140
155
149 155
147 149
152 140
140 149
114 147
114 152
116 140
130 114
118 114
115 116
130 130 138
118 135 115
113 130
113 138
107 135
96 113
74 76 64 55 43 68 43 44 65 61 87 93 79
3 Mo Avg
68 86
51 113
56 107
3 Mo Avg
48
96 46
86
38
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
178 | c o l d w e l l b a n k e r h o m e s . c o m
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 .