Florida Market Viewpoint June 2017 - Page 44

Market Action Report Charlotte County County: Charlotte Agent Name Market Action Report County: Charlotte June 2017 Title Phone Agent Name Website Other Title June 2017 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 $265,000 2% 6% Other $343,183 Trending 1% versus*: 3% Month LM -3% L3M 1% PYM 8% LY $200,150 $265,000 2% -0% 0% 6% 13% $235,650 $343,183 1,902 1% -8% 3% -0% $200,150 501 -3% -10% 1% 8% -3% 9% $235,650 -0% 0% 13% 10% 85 9% 6% 5% 1,902 -8% -0% $149 5% 3% 12% 501 -10% -3% $137 2% 2% 13% 85 9% 6% 5% 13% 3.8 3% -5% 3% $149 5% 3% 12% 6% 92.9% -.9% -.8% -1.1% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot $137 2% 2% 13% 3.8 3% -5% 3% 92.9% -.9% -.8% -1.1% 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 Trending versus*: Prior YTD 8% Prior Year 6% 9% YTD $195,000 10% $231,417 9% 8% $195,000 2,809 8% $231,417 9% 13% 79 5% 6% 7% 8% 7% 9% 5% 1% 5% -0% 6% $147 2,809 5% 11% $133 79 7% -22% 5.0 $147 7% -1.2% 93.7% 5% 5% 8% 2% -0% 11% $133 9% 8% -22% 5.0 1% 2% Number of 93.7% Properties -1.2% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 700 June Property sales were 501, down 2.9% from 516 in June of 2016 and 10.2% lower than the 558 sales last month. June 2017 600 Property sales were Sales at a mid level compared to June of 2016 and 2015. 700 June sales 501, 2.9% 4.8% from ahead 516 in of June 500 June Property YTD sales of were 2,809 are down running last of year's 2016 and 10.2% sales lower the 558 sales last month. June 2017 600 year-to-date of than 2,681. 400 sales were at a mid level compared to June of 2016 and 2015. Prices 14 The Median Sales Price in June was $200,150, up 8.2% from Prices $185,000 in June of 2016 and down 3.3% from $207,000 last 240 The Median Sales Price Sales in June was in $200,150, 8.2% from up month. The Average Price June was up $235,650, $185,000 in June of 2016 and down 3.3% from $207,000 last 12.7% from $209,183 in June of 2016 and down 0.0% from 240 220 month. The last Average Sales Price in June up level $235,709 month. June 2017 ASP was was $235,650, at the highest 220 200 12.7% from $209,183 June and of 2016 and down 0.0% from compared to June of in 2016 2015. $235,709 last month. June 2017 ASP was at the highest level 200 180 442 15 16 430 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 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 Median Sales Price and Average Sales Price 0 compared to June of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 June YTD sales of 2,809 are running 4.8% ahead of last year's year-to-date sales of 2,681. Number of Properties Sold 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 180 160 160 140 140 120 120 100 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 100 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 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of June 3,000 was Total 1,902, down 7.7% from 2,060 last month and 0.3% The Inventory of Properties available for sale as down of June from 1,907 in June last 2,060 year. last June 2017 and Inventory was at a 3,000 2,500 was 1,902, down 7.7% of from month down 0.3% from June of last year. 2017 and Inventory mid 1,907 level in compared with June June of 2016 2015. was at a 2,500 2,000 mid level compared with June of 2016 and 2015. A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 3.8 a 1,000 500 higher MSI is better for buyers. 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