FL ARCHIVED March 2018 | Page 120

Title Phone Community Information Website | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 113 , up 24.2 % from 91 days last month and down 10.3 % from 126 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .

Osprey Agent Name

Market Action Report March 2018

City : Osprey

Price Range : All | Properties : SFH - Con

Title Phone Community Information Website | School District

250
200
150
100
Other Days On Market for Sold Properties
110
126
3 Mo Avg
113
50
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 223 was up 0.6 % from $ 222 last month and up 19.4 % from 187 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 92.8 % was down from 93.4 % last month and up from 91.6 % in March of last year .
0
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
250 240 230 220 210 200 190 180 170 160 150
98 % 96 % 94 % 92 % 90 % 88 % 86 %
181
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
15
16
17
18
187
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.2 %
91.6 %
3 Mo Avg
223
92.8 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in March 2018 was 45 , down 16.7 % from 54 last month and down 21.1 % from 57 in March of last year .
84 %
250
200
150
100
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
15
16
17
18
Inventory / New Listings / Sales
191
177 159 151 134 133 136 161 156 185 192 189 173 167 164 163 153 152 156 177 185
209 220 220 202 198 181 173 160 156
169 183 185 185 201 193
50
0
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
15
16
17
18
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 Association of REALTORS 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 61 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may