FL ARCHIVED May 2017 | Page 168

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

City : Orlando

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
$ 300,000
5 %
25 %
Average List Price of all Current Listings
$ 405,356
4 %
22 %
May Median Sales Price
$ 220,000
0 %
3 %
11 %
13 %
$ 210,000
13 %
8 %
May Average Sales Price
$ 255,845
3 %
6 %
10 %
13 %
$ 238,952
10 %
6 %
Total Properties Currently for Sale ( Inventory )
2,862
-7%
-25%
May Number of Properties Sold
1,325
19 %
5 %
5,542
4 %
May Average Days on Market ( Solds )
47 -19% -18% -19% -23%
58
-12%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 145
-2%
0 %
10 %
10 %
$ 143
10 %
8 %
May Sold Price per Square Foot
$ 136
3 %
4 %
11 %
13 %
$ 129
10 %
7 %
May Month ' s Supply of Inventory
2.2 -22% -12% -28% -36%
2.9
-23%
-16%
May Sale Price vs List Price Ratio
96.3 %
. 0 %
. 2 %
. 0 %
. 6 %
95.9 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Orlando

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
1,600
May Property sales were 1,325 , up 5.0 % from 1,262 in May of
2016 and 19.0 % higher than the 1,113 sales last month . May
1,400
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to May of
20161,600
1,200
May and Property 2015 . May sales YTD were sales 1,325 of , up 5,542 5.0 % are from running 1,2624.3 in May % ahead of of
2016 and 19.0 % higher than the 1,113 sales last month . May
1,400 last year ' s year-to-date sales of 5,312 .
1,000
2017 sales were at their highest level compared to May of 2016
1,200 and 2015 . May YTD sales of 5,542 are running 4.3 % ahead of
800
last year ' s year-to-date sales of 5,312 .
1,000
600
800
400
600
200
400
0
200
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 $ 220,000 , up 10.6 % 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
$ 199,000 in May of 2016 and up 0.0 % from $ 219,900 last
The month Median . The Sales Average Price Sales in May Price was $ in 220,000 May was , up $ 255,845 10.6 % from , up 10.1 %
$ from 199,000 $ 232,413 in May in of May 2016 of and 2016 up and 0.0 % up from 2.7 % $ 219,900 from $ 249,133 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 255,845 compared , up 10.1 to % May from $ 232,413 in May of 2016 and up 2.7 % from $ 249,133 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
1,078 1,147 1,091 1,052 1,134
1,078 1,147 1,091 1,052 1,134 911 1,120 892 914 1,224 1,210 1,202 1,387 1,327 1,232 1,163 1,116 985 1,140 827 911 1,173 1,139 1,262 1,303 1,217 1,290 1,155 1,014 948 1,119 874 941 1,289 1,113 1,325
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 2,862 Inventory , down 6.9 of % Properties from 3,074 available last month for sale and as of down May 24.7 %
6,000 was from 2,862 3,800 , down in May 6.9 % of from last 3,074 year . last May month 2017 Inventory and down 24.7 was % at its
6,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
6.0
5.0
from lowest 3,800 level in compared May of last with year May . of 2017 2016 Inventory and 2015 was . at its lowest level compared with May of 2016 and 2015 .
5,000
4,000
5.0
4.0
4,000
3,000
4.0
3.0
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
2,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
2.0 higher MSI is better for buyers . The May 2017 MSI of 2.2 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 2.2
1,000 of 2016 and
1,000
1.0 months
2015 . was at its lowest level compared with May of 2016 and
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
911 1,120 892 914
5,161 5,239 5,174 5,167 5,151 4,973 4,754 4,715 4,637
1,224 1,210
5,161 5,239 5,174 5,167 5,151 4,973 4,754 4,715 4,637 4,673 4,676 4,691 4,695 4,608 4,561 4,473 4,246 4,145
Number of Properties Sold
1,202 1,387 1,327 1,232 1,163 1,116
4,673 4,676 4,691 4,695 4,608 4,561 4,473 4,246 4,145 985 1,140 827 911 1,173 1,139
3,946 3,883 3,838 3,851 3,757 3,800 1,262 1,303 1,217 1,290 1,155 1,014
3,946 3,883 3,838 3,851 3,757 3,800 3,813 3,819 3,754 3,692 3,608 3,461 3,220 3,157 3,118 3,114 948 1,119
3,074
2,862 874 941
3,813 3,819 3,754 3,692 3,608 3,461 3,220 3,157 3,118 3,114
3 Mo Avg
1,289 1,113
3,074 2,862
1,325
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
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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 .