FL ARCHIVED January 2018 | Page 44

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

County : Charlotte

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
$ 275,000
2 %
6 %
Average List Price of all Current Listings
$ 346,308
1 %
4 %
January Median Sales Price
$ 195,000
-7%
-3%
5 %
-2%
$ 195,000
5 %
-2%
January Average Sales Price
$ 229,447
-4%
-2%
6 %
-2%
$ 229,447
6 %
-2%
Total Properties Currently for Sale ( Inventory )
2,176
9 %
-9%
January Number of Properties Sold
338 -28%
2 %
338
2 %
January Average Days on Market ( Solds )
77
4 %
0 %
13 %
-4%
77
13 %
-4%
Asking Price per Square Foot ( based on New Listings )
$ 166
5 %
6 %
9 %
11 %
$ 166
9 %
11 %
January Sold Price per Square Foot
$ 134
-2%
-1%
8 %
1 %
$ 134
7 %
1 %
January Month ' s Supply of Inventory
6.4
51 %
22 % -11%
34 %
6.4
-11%
34 %
January Sale Price vs List Price Ratio
94.7 %
-. 5 %
. 1 %
. 5 %
. 8 %
94.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
700
January Property sales were 338 , up 1.8 % from 332 in January
of 2017 and 28.2 % lower than the 471 sales last month . January
600
Property
2018 sales Sales were at their highest level compared to January of
700
January
2017 and Property 2016 . sales January were YTD 338 , sales up 1.8 of % 338 from are 332 running January 1.8 %
500
of ahead 2017 and of last 28.2 year % lower ' s year-to-date than the 471 sales sales of last 332 month . . January
2018 sales were at their highest level compared to January of
600
400
2017 and 2016 . January YTD sales of 338 are running 1.8 %
500
ahead of last year ' s year-to-date sales of 332 .
300
400
200
300
200
100

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 195,000 , up 5.4 % 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
$ 185,000 in January of 2017 and down 7.1 % from $ 210,000
The last Median month Sales . The Price Average in January Sales Price was $ in 195,000 January , up was 5.4 $ % 229,447 from ,
$ up 185,000 6.1 % from in January $ 216,206 of 2017 in January and down of 7.1 2017 % from and $ down 210,000 4.0 % from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 239,058 month . last The month Average . January Sales Price 2018 in January ASP was was at $ the 229,447 highest , up level 6.1 % compared from $ 216,206 to January in January of 2017 of 2017 and 2016 and down . 4.0 % from
$ 239,058 last month . January 2018 ASP was at the highest
220
200
200
180
level compared to January of 2017 and 2016 .
180
160
160 140
140 120
416 544 575 521
416 544 575 521 480 483 402 442 442 331 444 317 380 430 530 508 517 456 452 426 389 385 386 332 392 544 486 559 503 450 455 360 362 378 471 338
2,335 2,226 2,089 1,902 1,778 1,712 480 483 402 442 442
1,642 1,634 1,702 1,815 1,918
331 444
2,114 1,815 2,233 1,918 2,269 2,115
Number of Properties Sold
120
100
100
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 2,176 of , up Properties 8.5 % from available 2,005 for last sale month as of and down
3,000
January
9.3 % from was 2,399 2,176 , in up January 8.5 % from of 2,005 last year last . month January and 2018 down
3,000
2,500
9.3
Inventory % from 2,399 was at in a January mid level of last compared year . January with January 2018 of 2017 and
2,500
Inventory
2016 . was at a mid level compared with January of 2017 and
2,000
2016 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
8.0
7.0
6.0
5.0
4.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The January 2018 MSI of 6.4 higher MSI is better for buyers . The January 2018 MSI of 6.4
500
2.0 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
1.0 and 2016 .
0 and 2016 .
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
3.0
2.0
1.0
0.0
2,335 2,226 2,089 1,902 1,778 1,712 1,642 1,634 1,702
317 380 430 530 508 517 456 452
2,114 2,233 2,269 2,115 1,988 1,914 1,849 1,820
1,988 1,914 1,849 1,820 1,842 1,983
2,175
426
2,232 2,399
1,842
1,983 389 385 386
2,175 2,232
2,399 332 392 544 486
2,439 2,357 2,234 2,097 1,995 1,840 1,763
559 503 450
1,747 1,856 1,965 2,005
3 Mo Avg
455
2,439 2,357 2,234 2,097 1,995 1,840 1,763 1,747
2,176 360 362
1,856 1,965
3 Mo Avg
378 471
2,005 2,176
338
44 | c o l d w e l l b a n k e r h o m e s . c o m
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 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 .