FL ARCHIVED March 2018 | Page 146

Price Range: All | Properties: SFH - Con
Market
Profile Sales
& Trends
March Median
Price Overview
Median
List
Price
of
all
Current Listings
March Average Sales Price
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
March Month's Supply of Inventory
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
97%
96.3%
Prices
The Median Sales Price in March was $218,698, up 7.4% from
Prices
$203,615 in March of 2017 and up 5.4% from $207,475 last
The
Median
Sales
Price Sales
in March
was
up $256,877,
7.4% from up
month.
The
Average
Price
in $218,698,
March was
350
$203,615
in March
of 2017
and up of 5.4%
last
2.4% from
$250,945
in March
2017 from
and $207,475
up 2.6% from
month.
The last
Average
Sales
Price 2018
in March
up level 330
$250,267
month.
March
ASP was
was $256,877,
at the highest
310
2.4%
from $250,945
of 2017
and up 2.6% from
compared
to March in of March
2017 and
2016.
96.3%
96%
96%
$250,267 last month. March 2018 ASP was at the highest level
compared to March of 2017 and 2016.
95%
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
Inventory / New Listings / Sales
1,600
800
1,000
1,200
1,400
600
400
15
350
330
310
290
270
250
230
210
190
170
150
Inventory & MSI
1,000
800
17
16
18
Median Sales Price and Average Sales Price
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
18
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
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
1,400
was Total
1,015,
up 1.7% of
from
998 last
month for
and sale
down
1.1%
from
The
Inventory
Properties
available
as of
March
1,026
in March
last 998
year. last
March
Inventory
was
1,015,
up 1.7% of from
month 2018
and down
1.1% was
from at its 1,400 1,200
1,026
in level
March
of last year.
March
2018
Inventory
was at its
lowest
compared
with
March
of 2017
and 2016.
1,200 1,000
lowest level compared with March of 2017 and 2016.
200
290
270
250
230
210
190
170
150
3 Mo Avg
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
10.0
10.0
8.0
96.8%
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
15
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
0
97%
0
50 50
98%
100
3 Mo Avg
0%
9%
1%
10%
0%
100
Selling Price versus Listing Price Ratio
Avg Selling Price divided by Avg Listing Price for sold properties during the month
-1% 1%
-3% -1%
10%
5%
0%
-9%
9%
0%
150
150
Selling Price vs Original Listings Price
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 397, up 7.3% from 370 last month and up
2.1% from 389 in March of last year.
200
2018 sales were at their lowest level compared to March of 2017
and 2016. March YTD sales of 506 are running 1.0% behind last
year's year-to-date sales of 511.
123
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
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 96.8% was up from 96.7% last month and up from
96.3% in March of last year.
10%
2%
-8%
.2%
1%
-1%
Number of Properties Sold
129
8%
506
8%
76
$155
506
-1%
$128
76
-3%
6.0
$155
10%
96.7%
8%
$129 1% 1% 5% 2%
$128
5%
1%
5.0 -15% -16% 21% -8%
6.0
-9%
10%
of 96.7%
Properties
96.8% .3% .0% .5% Number
.2%
0% Sold 0%
300
March Property sales were 201, down 18.0% from 245 in March
of 2017 and 19.6% higher than the 168 sales last month. March
250
Property
2018 sales Sales
were at their lowest level compared to March of 2017
300
March
Property
sales YTD
were sales
201, of
down
from 245
in March
and 2016.
March
506 18.0%
are running
1.0%
behind last
200
of year's
2017 and
19.6% higher
the 168 sales last month. March
year-to-date
sales than
of 511.
250
132
$253,998
$212,750
3% $253,998
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
150
145
140
135
130
125
120
115
110
105
100
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)
Trending versus*:
YTD
Prior YTD 8%
Prior Year
$212,750
4%
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
Trending versus*:
Prior YTD Prior Year
YTD
0
Trending versus*:
L3M PYM
LY
81
81
LM
$279,000
1%
2%
Other
$405,047 Trending
3% versus*:
-0%
Month
LM 5%
L3M 2%
PYM 7%
LY
$218,698
$279,000
1%
2%
$256,877 3% -3% 2%
$405,047 1,015
3% 2%
-0% -1%
$218,698 201
5% 20%
2% 7% -18%
4%
$256,877 3%
-3%
2%
0%
78 4% 4% 0%
1,015 2%
-1%
$156 1% 1% 11%
201 20%
-18%
$129 1% 1% 5%
78 4% 4% 0% 3%
5.0 -15% -16% 21%
$156 1% 1% 11% 10%
96.8% .3% .0% .5%
Average List Price of all Current Listings
92
20
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 $132 was down
0.6% from $133 last month and up 2.3% from 129 in 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
120
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
100
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
80
Seller's market. The DOM for March was 81, up 5.2% from 77
days last month and equal to 81 days in March of last year. The
March 2018 DOM was at its lowest level compared with March of 60
2017 and 2016.
40
3 Mo Avg
Days On Market for Sold Properties
March 2018
Community Information | School District
City: Palm Coast
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Palm Coast
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Palm Coast
March 2018
Agent Name
Flagler County
Market Action Report
County: Flagler
March 2018
Market Action Report
800
6.0
8.0
6.0
600
4.0
A comparatively lower MSI is more beneficial for sellers while a 600 400
4.0
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The March 2018 MSI of 5.0
400
2.0
200
higher
MSI
is better
for level
buyers.
The March
MSI of of 2017
5.0 and
2.0
months
was
at a mid
compared
with 2018
March
200
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
months
was
at
a
mid
level
compared
with
March
of
2017
and
0
0.0
2016.
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
Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant
0
0.0 real estate activity.
2016. of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association,
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
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
15
146 | 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
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
16
17
C
18
c o l dw el l b a n k er h o m es . c o m
| 147
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.