FL ARCHIVED March 2018 | Page 138

Price Range: All | Properties: SFH - Con
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
98%
96%
Prices
95.0%
94.4%
94%
91.2%
92%
90%
88%
86%
84%
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
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16
17
18
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
170 150
16
230 210
150
250
200
15
190 170
300
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 75, up 4.2% from 72 last month and equal to
75 in March of last year.
3 Mo Avg
210 190
Inventory / New Listings / Sales
Inventory / New Listings / Sales
3 Mo Avg
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
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16
17
18
A M J J A S O N D Median
J F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
3 Mo Avg
The Median Sales Price in March was $235,000, up 10.8% from
Prices
$212,000 in March of 2017 and down 2.1% from $240,000 last 290
The
Median
Sales
Price Sales
in March
was
10.8% from
month.
The
Average
Price
in $235,000,
March was up $266,312,
up
$212,000
in March
of 2017
and down
2.1% and
from
$240,000
last 290 270
6.9% from
$249,082
in March
of 2017
down
3.9% from
month.
The last
Average
Sales
Price 2018
in March
up level
$277,134
month.
March
ASP was
was $266,312,
at the highest
270 250
6.9%
from $249,082
of 2017
and down 3.9% from
compared
to March in of March
2017 and
2016.
$277,134 last month. March 2018 ASP was at the highest level
250 230
compared to March of 2017 and 2016.
82%
0
0
50
50
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
35%
6%
4%
3%
-1%
100
100
3 Mo Avg
4% 3%
22% 4%
9%
8%
35%
-3%
6%
-0%
150
Selling Price versus Listing Price Ratio
200
150
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 vs Original Listings Price
250
2016. March YTD sales of 640 are running 4.4% ahead of last
year's year-to-date sales of 613.
3%
4%
Number of Properties Sold
202
350
March Property sales were 259, up 2.0% from 254 in March of
2017 and 20.5% higher than the 215 sales last month. March
300
Property
2018 sales Sales
were at a mid level compared to March of 2017 and 350
March
sales sales
were of
259,
up are
2.0%
from 254
in ahead
March of
of last
250
2016. Property
March YTD
640
running
4.4%
2017
and
20.5% higher
than of the
215 sales last month. March
300
year's
year-to-date
sales
613.
200
2018 sales were at a mid level compared to March of 2017 and
210
217
8%
$138 1% 0% 9% 4%
$137
8%
4%
2.3 -11% -17% 3% -15%
2.8
-3%
3%
of 94.9%
Properties
95.0% -.1% .0% .0% Number
-.6%
-0% Sold -1%
March Month's Supply of Inventory
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
250
240
230
220
210
200
190
180
170
160
150
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
March Average Days on Market (Solds)
March Sold Price per Square Foot
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
March Number of Properties Sold
0
Asking Price per Square Foot (based on New Listings)
8%
640
8%
62
6%
$151
640
4%
4%
$137
62
22%
-15%
2.8
$151
9%
-.6%
94.9%
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$235,000
$269,045
22%
March Average Sales Price
March
Sales
Price
March Median
Number
of Properties
Sold
60
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
59
56
$269,045
71
80
Trending versus*:
YTD
Prior YTD 8%
Prior Year
$235,000
3%
3%
100
Trending versus*:
Prior YTD Prior Year
YTD
Market
Profile Sales
& Trends
March Median
Price Overview
Median
List
Price
of
all
Current Listings
March Average Sales Price
20
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 91.2% was down from 93.5% last month and down
from 95.0% in March of last year.
$312,000
4%
10%
Other
$354,880 Trending
3% versus*: 4%
Month
LM -2%
L3M -1%
PYM 11%
LY
$235,000
$312,000
4%
10%
$266,312 -4% -3% 7%
$354,880 607
3% 7%
4% 5%
$235,000 259
-2% 20%
-1% 11% 2%
3%
$266,312 -4%
-3%
7%
3%
56 -10% -7% 27%
607 7%
5%
$150 0% -1% 10%
259 20%
2%
$138 1% 0% 9%
56 -10% -7% 27% 22%
2.3 -11% -17% 3%
$150 0% -1% 10% 6%
95.0% -.1% .0% .0%
Average List Price of all Current Listings
120
Trending versus*:
L3M PYM
LY
140
LM
160
40
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 $210 was up
2.3% from $205 last month and up 4.0% from 202 i n March of
last year.
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
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 71, up 47.9% from 48
days last month and up 20.3% from 59 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
3 Mo Avg
Days On Market for Sold Properties
March 2018
Community Information | School District
City: Melbourne
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Melbourne
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Melbourne
March 2018
Agent Name
Cocoa Beach
Market Action Report
City: Cocoa Beach
March 2018
Market Action Report
Inventory & MSI
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
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16 A M J J A S O N D J F M 17
A M 15 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
Total Inventory & Month's Supply of Inventory (MSI)
15
138 | c o l d w e l l b a n k e r h o m e s . c o m
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
17
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of March
150
800
4.5
was Total
607, Inventory
up 7.1% from
567 last available
month and
579 in
The
of Properties
for up
sale 4.8%
as of from
March
4.0
800
4.5
700
March
year.
2018
Inventory
was at
a mid
was
607, of
up last
7.1%
from March
567 last
month
and up 4.8%
from
579 level
in
100
4.0
3.5
700 600
March
of last with
year. March
March of 2018
compared
2017 Inventory
and 2016. was at a mid level
3.5
3.0
compared with March of 2017 and 2016.
600 500
50
3.0
2.5
500 400
2.5
2.0
0
400 300
2.0
1.5
A comparatively lower MSI is more beneficial for sellers while 300
a
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
1.5
200
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
1.0
15
16
17
18
MSI is better
for buyers.
March for
2018
MSI
of 2.3
200
1.0
higher
MSI
is better
for level
buyers.
The March
2018
MSI of of 2017
2.3 and
100
0.5
months
was
at
a
mid
compared
with
March
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
100
0.5
months
at a mid level compared with March of 2017 and
0
0.0
2016. of was
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, Flagler County Association
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
not
reflect
all
relevant
real
estate
activity.
0
0.0
2016.
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
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.
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
C
18
c o l dw el l b a n k er h o m es . c o m
| 139
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 REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.