FL ARCHIVED March 2018 | Page 20

Market Action Report March 2018
Phone Community Information | School District

City : Brandon

Price Range : All | Properties : SFH - Con

Brandon

Agent Name
Market Action Report March 2018

Phone Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 279,950
17 %
20 %
Average List Price of all Current Listings
$ 337,088
11 %
20 %
March Median Sales Price
$ 208,000
1 %
1 %
0 %
0 %
$ 205,000
3 %
-1%
March Average Sales Price
$ 231,995
-1%
2 %
1 %
1 %
$ 224,299
1 %
-2%
Total Properties Currently for Sale ( Inventory )
176 -11%
-12%
March Number of Properties Sold
87
23 %
-22%
226
-19%
March Average Days on Market ( Solds )
52
4 %
-2%
2 %
21 %
53
10 %
23 %
Asking Price per Square Foot ( based on New Listings )
$ 135
4 %
4 %
14 %
11 %
$ 130
11 %
7 %
March Sold Price per Square Foot
$ 126
0 %
2 %
7 %
7 %
$ 122
6 %
3 %
March Month ' s Supply of Inventory
2.0 -27% -17% 12 %
-5%
2.4
7 %
14 %
March Sale Price vs List Price Ratio
96.3 %
-. 3 % -. 2 %
. 1 %
-. 6 %
96.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
160
March Property sales were 87 , down 21.6 % from 111 in March of
2017 and 22.5 % higher than the 71 sales last month . March
140
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at their lowest level compared to March of 2017
160
March and 2016 Property . March sales YTD were sales 87 , down of 22621.6 are % running from 11119.3 in March % behind of
2017 and 22.5 % higher than the 71 sales last month . March
140 last year ' s year-to-date sales of 280 .
120
100
2018 sales were at their lowest level compared to March of 2017 and 2016 . March YTD sales of 226 are running 19.3 % behind
120
80
last year ' s year-to-date sales of 280 .
100
60
80
40
60
20
40
0
20
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 208,000 , equal to
Prices
$ 208,000 in March of 2017 and up 1.5 % from $ 205,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 208,000 was , equal $ 231,995 to , up
250
$
0.7 208,000 % from in $ March 230,455 of 2017 in March and up of 1.5 2017 % from and down $ 205,000 0.6 % last from month . The Average Sales Price in March was $ 231,995 , up
240
$ 233,450 last month . March 2018 ASP was at the highest level
0.7 % from $ 230,455 in March of 2017 and down 0.6 % from
230 compared to March of 2017 and 2016 .
$ 233,450 last month . March 2018 ASP was at the highest level
220 compared to March of 2017 and 2016 .
210
200
190
180
170
A
M J
15
250
240
230
220
210
200
190
180
170
160
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
160
150
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
105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 110 98 87 110 93 75 94 111 103 115 139 120 105 86 91 104 95 68 71 87
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 & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of March
The was Total 176 , Inventory down 11.1 of % Properties from 198 last available month for and sale down as of 12.0 March % from was 200176 in , March down 11.1 of % last from year 198 . March last month 2018 and Inventory down 12.0 was % at from its
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
4.0
3.5
200 lowest in March level compared of last year . with March March 2018 of Inventory 2017 and was 2016 at . its
300
3.5
250
3.0 lowest level compared with March of 2017 and 2016 .
250
3.0
2.5
200
2.5
200
2.0
150
2.0
150
1.5
A comparatively lower MSI is more beneficial for sellers while a
1.5
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The March 2018 MSI of 2.0
100
1.0 higher MSI is better for buyers . The March 2018 MSI of 2.0
1.0 months was at a mid level compared with March of 2017 and
50
0.5 months was at a mid level compared with March of 2017 and
50
0.5
2016 .
0
0.0
S , Flagler County Association
2016 . of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR
0 Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant
0.0 real estate activity .
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
15
16
16
17
17
18
18
316 293
105
15
316 282
80 293 301
110 282 274
Title Website Other
126 301 271
99 90 91 82 101 65
16
89
Number of Properties Sold
106 99 113 98 98 110 98
276 274 265
271 267
276 244
265 226
267 229
244 216
226 224
229
217 232
216
232 224
235 217
230 232
223 232
211 235
211 230
203 223
200 211
205 211
222 203 200
234 230 205 247 222
227 234
204 230
200 247
189 168
227
198 204
176 200 189
87 110 93 75
17
94 111 103 115 139 120 105 86 91 104 95 168
3 Mo Avg
68
18
198 71
176 87
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con c o l d w e l l b a n k e r h o m e s . c o m | 11
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 Asso
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 .