FL ARCHIVED May 2017 | Page 166

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

County : Orange

Price Range : All | Properties : SFH - Con
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
$ 349,000
5 %
21 %
Average List Price of all Current Listings
$ 547,690
5 %
20 %
May Median Sales Price
$ 240,000
0 %
2 %
7 %
9 %
$ 233,500
11 %
6 %
May Average Sales Price
$ 296,675
2 %
3 %
11 %
12 %
$ 285,545
12 %
8 %
Total Properties Currently for Sale ( Inventory )
4,644
-6%
-21%
May Number of Properties Sold
1,965
23 %
7 %
8,099
4 %
May Average Days on Market ( Solds )
51 -15% -15% -18% -20%
62
-10%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 154
-1%
1 %
9 %
10 %
$ 151
9 %
8 %
May Sold Price per Square Foot
$ 141
1 %
3 %
10 %
12 %
$ 136
11 %
8 %
May Month ' s Supply of Inventory
2.4 -23% -12% -26% -34%
3.1
-19%
-13%
May Sale Price vs List Price Ratio
96.1 %
-. 2 %
. 2 %
. 1 %
. 6 %
95.8 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 May Property sales were 1,965 , up 6.6 % from 1,843 in May of
2016 and 22.6 % higher than the 1,603 sales last month . May Property 2017 sales Sales were at their highest level compared to May of 20162,5002,000
May and Property 2015 . May sales YTD were sales 1,965 of , 8,099 up 6.6 % are from running 1,8433.6 in May % ahead of of 2016 last and year 22.6 ' s year-to-date % higher than sales the of 1,603 7,821 sales . last month . May 2017 sales were at their highest level compared to May of 2016 2,0001,500 and 2015 . May YTD sales of 8,099 are running 3.6 % ahead of last year ' s year-to-date sales of 7,821 .
1,5001,000

Orange Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000 500
500
0
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 240,000 , up 6.7 % from
J
J
14
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 225,000 in May of 2016 and up 0.0 % from $ 239,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 240,000 May was , up $ 296,675 6.7 % from , up 10.5 %
$ from 225,000 $ 268,448 in May in of 2016 May of and 2016 up 0.0 and % up from 1.9 % $ 239,900 from $ 291,106 last last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 296,675 compared , up 10.5 to % May from $ 268,448 in May of 2016 and up 1.9 % from $ 291,106 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
250
230
of 2016 and 2015 .
230
210
210 190
190 170
1,586 1,654 1,565 1,547 1,652
1,586 1,654 1,565 1,547 1,652 1,281 1,651 1,232 1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607 1,382 1,679 1,181 1,342 1,730 1,725 1,843 1,933 1,797 1,857 1,699 1,457 1,386 1,671 1,260 1,376 1,895 1,603 1,965
170
150
150
J
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
14
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 4,644 Inventory , down 5.8 of % Properties from 4,928 available last month for sale and as of down May 21.0 %
8,000 was from 4,644 5,877 , down in May 5.8 % of from last year 4,928 . May last month 2017 Inventory and down was 21.0 % at its
8,0007,000 from lowest 5,877 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its
7,0006,000 lowest level compared with May of 2016 and 2015 .
6,0005,000
5,0004,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
6.0
5.0
4.0
3.0
4,000
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while
3,000 a
A comparatively lower MSI is more beneficial for sellers while a
2.0 higher MSI is better for buyers . The May 2017 MSI of 2.4
2,000 higher MSI is better for buyers . The May 2017 MSI of 2.4
2,000 months was at its lowest level compared with May of 2016 and
1,000
1.0 months was at its lowest level compared with May of 2016 and
1,000
2015 .
0
2015 .
0
0.0
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 A M
14
15
16
17
14
15
16
17
2.0
1.0
0.0
1,281 1,651 1,232 1,380
7,500 7,589 7,559 7,543 7,532 7,299 6,937 6,881 6,799
1,759 1,740 1,753 1,987 1,933 1,823
7,500 7,589 7,559 7,543 7,532 7,299 6,937 6,881 6,799 6,854 6,851 6,918 6,964 6,899 6,785 6,672 6,438 6,244 5,916 1,691 1,607
6,854 6,851 6,918 6,964 6,899 6,785 6,672 6,438 6,244 1,382 1,679 1,181 1,342 1,730 1,725
5,916 5,860 5,800 5,878 5,783 5,877 1,843 1,933 1,797 1,857 1,699 1,457
5,860 5,800 5,878 5,783 5,877 5,919 5,924 5,768 5,723 5,557 5,365 4,981 4,925 4,903 5,016 1,386 1,671
4,928
4,644 1,260 1,376
5,919 5,924 5,768 5,723 5,557 5,365 4,981 4,925 4,903 5,016
1,895 1,603
4,928 4,644
1,965
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