FL ARCHIVED March 2018 | Page 44
Market Action Report
Charlotte County
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$142 2% 2% 6% 7%
$139
7%
5%
3.9 -25% -25% -10% -18%
5.2 -12%
9%
of 94.2%
Properties
94.1% .5% -.3% .1% Number
.2%
0% Sold 0%
* 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
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
3 Mo Avg
700
March Property sales were 555, up 2.0% from 544 in March of
2017 and 30.6% higher than the 425 sales last month. March
600
Property
2018 sales Sales
were at their highest level compared to March of 700
March
Property
were YTD
555, sales
up 2.0%
from are
544 running
in March
of
500
2017 and
2016. sales
March
of 1,319
3.9%
2017
and of 30.6%
higher
than the 425 sales
sales of last
month. March
600
ahead
last year's
year-to-date
1,269.
400
2018 sales were at their highest level compared to March of
Median Sales Price and Average Sales Price
18
3 Mo Avg
96%
95%
94.3%
94.1%
94.0%
94%
93%
91%
90%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,500
1,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a 1,000
MSI is better
for buyers.
March for
2018
MSI
of 3.9
500
higher
MSI
is better
for buyers.
March 2018
MSI of of
3.9 2017 and
months
was
at its lowest
level The
compared
with March
500
months
was
at
its
lowest
level
compared
with
March
of
2017
and
0
2016.
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
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
18
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
1,000
1,500
2,000
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)
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 751, up 6.7% from 704 last month and up
9.8% from 684 in March of last year.
Total Inventory & Month's Supply of Inventory (MSI)
3,000
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
92%
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
1,500
44 | c
386
17
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
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16
17
18
was Total
2,171,
down 2.1%
from 2,217
last month
and as down
8.0%
The
Inventory
of Properties
available
for sale
of March
from
2,359
in March
of last
year.
2018 down
Inventory
was
2,171,
down
2.1% from
2,217
last March
month and
8.0% was at 3,000 2,500
from
2,359 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.
2,000
A comparatively lower MSI is more beneficial for sellers while a
456
16
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 94.1% was up from 93.6% last month and up from
94.0% in March of last year.
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
122
250
240
230
220
210
200
190
180
170
160
150
Inventory & MSI
134
220
210
200
190
180
170
160
150
15
$245,490 last month. March 2018 ASP was at the highest level
compared to March of 2017 and 2016.
3 Mo Avg
142
Prices
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
The Median Sales Price in March was $214,000, up 7.0% from
Prices
$200,000 in March of 2017 and up 2.9% from $208,000 last
The
Median
Sales
Price Sales
in March
was
7.0% from up
month.
The
Average
Price
in $214,000,
March was up $246,424,
250
$200,000
in $237,682
March of 2017
and up
2.9% and
from up
$208,000
last
3.7% from
in March
of 2017
0.4% from
240
month.
The last
Average
Sales
Price 2018
in March
up level
$245,490
month.
March
ASP was
was $246,424,
at the highest
230
3.7%
from $237,682
2017
and up 0.4% from
compared
to March in of March
2017 of
and
2016.
0
100
150
145
140
135
130
125
120
115
110
105
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
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16
17
18
100
200
200
300
3 Mo Avg
300
400
500
2017 and 2016. March YTD sales of 1,319 are running 3.9%
ahead of last year's year-to-date sales of 1,269.
Number of Properties Sold
Selling Price per Square Foot
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 $142 was up
2.4% from $139 last month and up 6.2% from 134 in March of
last year.
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
20
Asking Price per Square Foot (based on New Listings)
40
March Month's Supply of Inventory
60
March Sold Price per Square Foot
March Average Days on Market (Solds)
79
72
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
-4%
8%
5%
9%
0%
80
80
Total Properties Currently for Sale (Inventory)
3%
4%
100
March Average Days on Market (Solds)
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 79, up 3.9% from 76
days last month and down 1.3% from 80 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
March Average Sales Price
Market Time
March
Sales
Price
March Median
Number
of Properties
Sold
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Community Information | School District
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
$279,000
0%
7%
Other
$349,831 Trending
2% versus*: 4%
Trending versus*:
Month
LM 3%
L3M 4%
PYM 7%
LY
Prior YTD 8%
Prior Year
$214,000
7% YTD
$205,000
$279,000
0% 0% 2%
7% 4%
$246,424
6%
$242,027
6%
$349,831 2,171
2% -2%
4% -8%
$214,000 555
3% 31%
4% 7% 2%
7%
$205,000 1,319
8%
4% 3%
$246,424 0%
2%
4%
6%
$242,027
6%
79 4% 4% -1% -1%
77
0% 4%
2,171 -2%
-8%
$162 6% 2% 11% 9%
$160
8%
555 31%
2%
1,319
4%
$142 2% 2% 6% 7%
$139
7%
79 4% 4% -1% -1%
77
0%
-4%
3.9 -25% -25% -10% -18%
5.2 -12%
$162 6% 2% 11% 9%
$160
8%
8%
94.1% .5% -.3% .1% .2%
94.2%
0%
Average List Price of all Current Listings
Agent Name
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
March 2018
Charlotte County
County: Charlotte
March 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Action Report
County: Charlotte
County: Charlotte
March 2018
500
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
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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 dw el l b a n k er h o m es . c o m
| 45
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.