Florida Market Viewpoint June 2017 - Page 166

Market Action Report Orlando City: Orlando Agent Name Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $299,500 3% 23% Other $392,401 Trending 1% versus*: 16% Month LM L3M PYM LY $225,000 2% 3% 13% $299,500 3% 23% $254,839 -1% 2% 9% $392,401 3,063 1% -1% 16% -20% $225,000 1,384 2% 4% 3% 13% 6% 15% $254,839 -1% 2% 9% 13% 54 15% -2% -8% 3,063 -1% -20% $145 1% 0% 6% 1,384 4% 6% $136 -0% 2% 11% 54 15% -2% -8% -11% 2.2 -5% -10% -24% $145 1% 0% 6% 10% 96.2% -.1% .0% -.1% $136 -0% 2% 11% 2.2 -5% -10% -24% 96.2% -.1% .0% -.1% June Month's Supply of Inventory June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 1,600 June Property sales were 1,384, up 6.2% from 1,303 in June of 1,400 2016 and 3.7% higher than the 1,334 sales last month. June Property 2017 sales Sales were at a mid level compared to June of 2016 and 1,600 1,200 June Property sales sales were of 1,384, up are 6.2% from 1,303 June of of last 2015. June YTD 6,935 running 4.8% in ahead 1,400 2016 and 3.7% higher than the 1,334 sales last month. June year's year-to-date sales of 6,615. 1,000 Prices 1,173 1,117 14 15 16 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 14 15 16 17 J A S O N D J F M Median A M J J Sales A S O Price N D J and F M A Average M J J A Sales S O N Price D J F M A M J The Median Sales Price in June was $225,000, up 12.5% from Prices $200,000 in June of 2016 and up 2.3% from $220,000 last 290 The Median Sales Price Sales in June was in $225,000, 12.5% from month. The Average Price June was up $254,839, up 9.3% $200,000 in June in of June 2016 of and up and 2.3% down from 0.7% $220,000 from $233,143 2016 from last $256,604 290 270 month. The Average Sales ASP Price in June $254,839, up 9.3% to 250 last month. June 2017 was at the was highest level compared 270 from June of 2016 and down 0.7% from $256,604 June $233,143 of 2016 in and 2015. last month. June 2017 ASP was at the highest level compared to 250 230 June of 2016 and 2015. 0 0 200 200 400 400 600 600 800 3 Mo Avg 800 1,000 3 Mo Avg Number of Properties Sold 1,200 2017 sales were at a mid level compared to June of 2016 and 2015. June YTD sales of 6,935 are running 4.8% ahead of last year's year-to-date sales of 6,615. -7% 8% 8% -18% 0% 12% $131 11% 8% -35% 2.8 -22% -18% Number of 96.0% Properties .5% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Sale Price vs List Price Ratio June Sold Price per Square Foot 911 June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 1,163 June Sold Price per Square Foot June Average Days on Market (Solds) 5% 10% -11% 7% 10% $143 9% 6,935 5% 12% $131 11% 57 -11% -7% -35% 2.8 -22% $143 9% 8% .5% 96.0% 0% June Number of Properties Sold $214,000 6,935 13% $242,280 10% -11% 57 Asking Price per Square Foot (based on New Listings) Trending versus*: June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) June Average Sales Price Trending versus*: Prior YTD Prior Year YTD Prior YTD 13% Prior Year 10% 15% YTD $214,000 13% $242,280 10% 7% June Sales Price June Median Number of Properties Sold Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Orlando June 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 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 150 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 Inventory & MSI 4,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) A comparatively lower MSI is more beneficial for sellers while a 2,000 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 2.2 a 2,000 1,000 higher MSI is better for buyers. June 2017 of 2.2 months was at its lowest level The compared with MSI June of 2016 and 1,000 months 0 2015. was at its lowest level compared with June of 2016 and 2015. 0 5.0 4.0 3,000 3,000 6.0 6.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 6,000 was Total 3,063, down 1.2% from 3,101 last month and 19.8% The Inventory of Properties available for sale as down of June from 3,819 in June last 3,101 year. last June 2017 and Inventory was at its 6,000 5,000 was 3,063, down 1.2% of from month down 19.8% from 3,819 in compared June of last with year. June June of 2017 was at its lowest level 2016 Inventory and 2015. 5,000 4,000 lowest level compared with June of 2016 and 2015. 3.0 2.0 1.0 0.0 5.0 4.0 3.0 2.0 1.0 0.0 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 F M A M J 14 15 16 17 14 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 166 | c o l d w e l l b a n k e r h o m e s . c o m 17 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 REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of R TFW0v'&@"wV&FVP67W&7bf&FF2f&FगB2&W76&ƗGFR&W76&ƗG"'WW fW&gBf&FF7V667VW.( 0W7FFRG&67FFW0B@v'&@"wV&FVPFRFP67W&7bF0B2FPb`'WW 6VW""F6VW fW&gF琦B琦f&F&VWfBF&VWf@7V667VW.( 0&VW7FFR&VG&67F