FL ARCHIVED March 2018 | Page 168

Market Action Report Osceola County Agent Name Market Action Report Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Phone Month Website YTD $130 5% 3% 12% 8% $127 11% 6% 3.1 -34% -27% -20% -28% 4.2 -13% -2% Number of 96.3% Properties 96.6% .5% .6% .9% 1.1% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 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 700 March Property sales were 531, down 2.4% from 544 in March of 2017 and 36.2% higher than the 390 sales last month. March 600 Property 2018 sales Sales were at a mid level compared to March of 2017 and 700 March sales sales were of 531, down 2.4% from 5.1% 544 in behind March last 500 2016. Property March YTD 1,298 are running of year's 2017 and 36.2% higher the 390 sales last month. March 600 year-to-date sales than of 1,368. 400 2018 sales were at a mid level compared to March of 2017 and 534 521 488 441 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 15 16 17 18 130 104 Median Sales Price and Average Sales Price 3 Mo Avg Selling Price versus Listing Price Ratio 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 96.6% was up from 96.1% last month and up from 95.7% in March of last year. 97% 95.7% 96% 96% 95.1% 95% 94% 94% 93% 93% 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 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial sellers while a 1,000 MSI is better for buyers. March for 2018 MSI of 3.1 500 higher MSI i s better for buyers. March 2018 MSI of of 3.1 2017 and months was at its lowest level The compared with March 500 months 0 2016. was at its lowest level compared with March of 2017 and 2016. 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 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 16 17 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 168 | c o l d w e l l b a n k e r h o m e s . c o m 1,000 1,500 2,000 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 2,500 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 3,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 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 696, up 10.5% from 630 last month and down 7.3% from 751 in March of last year. 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 2,000 Inventory / New Listings / Sales Inventory / New Listings / Sales 170 150 190 170 Inventory & MSI 96.6% 97% 210 190 The Total Inventory Inventory & MSI of Properties available for sale as of March 3,000 was Total 1,639, down 9.5% from 1,811 last month and as down 22.2% The Inventory of Properties available for sale of March from 2,107 in March of last year. Inventory was 1,639, down 9.5% from 1,811 last March month 2018 and down 22.2% was at 3,000 2,500 from 2,107 in March of last year. March 2018 Inventory was at its lowest level compared with March of 2017 and 2016. 2,500 2,000 its lowest level compared with March of 2017 and 2016. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 95% 230 210 150 3 Mo Avg 116 Prices The Median Sales Price in March was $228,000, up 9.9% from Prices $207,500 in March of 2017 and down 0.9% from $230,000 last 290 The Median Sales Price Sales in March was 9.9% from up month. The Average Price in $228,000, March was up $253,897, $207,500 in March of 2017 and down 0.9% and from last 290 270 10.7% from $229,384 in March of 2017 up $230,000 4.4% from month. The last Average Sales Price 2018 in March up level $243,266 month. March ASP was was $253,897, at the highest 270 250 10.7% from $229,384 of 2017 and up 4.4% from compared to March in of March 2017 and 2016. $243,266 last month. March 2018 ASP was at the highest level 250 230 compared to March of 2017 and 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 15 16 17 18 0 0 100 150 140 130 120 110 100 90 80 70 60 50 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 18 100 200 200 300 3 Mo Avg 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 $130 was up 4.9% from $124 last month and up 11.8% from 116 in March of last year. 300 400 500 Number of Properties Sold 2016. March YTD sales of 1,298 are running 5.1% behind last year's year-to-date sales of 1,368. Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg 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 Sale Price vs List Price Ratio 0 March Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 20 March Average Days on Market (Solds) 40 March Sold Price per Square Foot 60 Asking Price per Square Foot (based on New Listings) March Number of Properties Sold 76 73 80 Total Properties Currently for Sale (Inventory) 4% 5% 6% -2% 1% 88 March Average Days on Market (Solds) 100 March Average Sales Price 7% 5% March Sales Price March Median Number of Properties Sold 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 76, equal to 76 days last month and up 4.1% from 73 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 120 Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Days On Market for Sold Properties Market Time Market Profile Sales & Trends March Median Price Overview Median List Price of all Current Listings March Average Sales Price Community Information | School District Trending versus*: Prior YTD Prior Year $295,000 4% 16% Other $376,333 Trending 3% versus*: 18% Trending versus*: Month LM L3M PYM LY Prior YTD 13% Prior Year $228,000 -1% 1% 10% 9% YTD $225,000 $295,000 4% 16% $253,897 4% 3% 11% 8% $246,168 8% $376,333 1,639 3% -9% 18% -22% $228,000 531 -1% 36% 1% 10% -2% 9% $225,000 1,298 13% -5% 7% $253,897 4% 3% 11% 8% $246,168 8% 76 0% -3% 4% 4% 76 1% 5% 1,639 -9% -22% $138 0% 1% 8% 6% $136 9% 531 36% -2% 1,298 -5% $130 5% 3% 12% 8% $127 11% 76 0% -3% 4% 4% 76 1% 4% 3.1 -34% -27% -20% -28% 4.2 -13% $138 0% 1% 8% 6% $136 9% 5% 96.6% .5% .6% .9% 1.1% 96.3% 1% Average List Price of all Current Listings Title Phone Website Other Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY March 2018 Agent Name Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Osceola County County: Osceola March 2018 Community Information | School District Market Action Report County: Osceola County: Osceola March 2018 50 0 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. 18 c o l dw el l b a n k er h o m es . c o m | 169 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 Association Flagler of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board Coast of REALTORS, Coast Association of REALTORS, Pensacola of REALTORS and estate may 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 REALTORS, County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal of Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Association Emerald of REALTORS, Pensacola Association of REALTORS and Association may not reflect all relevant 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.