FL ARCHIVED May 2017 | Page 182

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

City : Winter Springs

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
$ 319,500
1 %
10 %
Average List Price of all Current Listings
$ 378,828
5 %
19 %
May Median Sales Price
$ 265,000
3 %
6 %
6 %
10 %
$ 250,750
10 %
4 %
May Average Sales Price
$ 285,660
6 %
5 %
11 %
11 %
$ 272,973
15 %
6 %
Total Properties Currently for Sale ( Inventory )
99 -14%
-36%
May Number of Properties Sold
87
43 %
30 %
300
12 %
May Average Days on Market ( Solds )
34 -28% -19% -3%
-31%
44
-8%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 141
2 %
-1%
4 %
6 %
$ 142
8 %
7 %
May Sold Price per Square Foot
$ 139
2 %
2 %
8 %
10 %
$ 135
11 %
6 %
May Month ' s Supply of Inventory
1.1 -40% -31% -51% -53%
2.1
-25%
-16%
May Sale Price vs List Price Ratio
98.5 %
1.5 % 1.0 % 1.5 % 2.8 %
97.0 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
100
May Property sales were 87 , up 29.9 % from 67 in May of 2016 and 42.6 % higher than the 61 sales last month . May 2017 sales
90
Property were at their Sales highest level compared to May of 2016 and 2015 .
100
80
May
May Property YTD sales sales of were 300 are 87 , up running 29.9 % 12.4 from % 67 ahead in May of last of 2016 year ' s and year-to-date 42.6 % higher sales than of 267 the . 61 sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
90
80
70
60
May YTD sales of 300 are running 12.4 % ahead of last year ' s
70
50
year-to-date sales of 267 .
60
40

Winter Agent Springs

Name
Title Phone Website Other

Community Information | School District

50 30
Number of Properties Sold
40
20
30
10
20
0
10
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 $ 265,000 , up 6.0 % from
J
14
J
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 250,000 in May of 2016 and up 2.7 % from $ 258,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 265,000 May was , up $ 285,660 6.0 % from , up
$
10.8 250,000 % from in May $ 257,722 of 2016 in and May up of 2.7 2016 % from and $ up 258,000 6.3 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 268,606 . The last Average month Sales . May Price 2017 in May ASP was $ at 285,660 the highest , up level
10.8 % from $ 257,722 in May of 2016 and up 6.3 % from
270 compared to May of 2016 and 2015 .
$ 268,606 last month . May 2017 ASP was at the highest level
250
250
230
compared to May of 2016 and 2015 .
230
210
210 190
190 170
76 78 70 68 61 51 63 43 64 72 75 77 70 83 60 53 41 52 59 32 43 70 55 67 85 74 76 64 55 43 68 43 44 65 61 87
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 99 , down Inventory 13.9 % of from Properties 115 last available month for and sale down as of 36.1 May % from was 15599 in , down May of 13.9 last % year from . 115 May last 2017 month Inventory and down was 36.1 at its % from lowest
250
155 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest
200 level compared with May of 2016 and 2015 .
150
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 1.1 a higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 1.1 of 2016 and
50 months
2015 . was at its lowest level compared with May of 2016 and
2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
250
4.5
200
4.0
3.5
150
3.0
2.5
100
2.0
1.5
50
1.0
0.5
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
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
217 220
76 217 224
78 220 221
70 224 219
68 221 215
61 219 190
51 215
159 141
63 190
43 64 72 75
Number of Properties Sold
77 70 83 60 53 41 52 59 32
3 Mo Avg
142
159 159 141 157 142 156
159 169 157 172 156
160
169 147 135
172
127 160
125 147
119 135
136 127
125 155
119 155
149 136
140 155
149 155
147 149
152 140 140 149
114 147
114 152
116
140 127 114
115 114
99 116
43 70 55 67 85 74 76 64 55 43 68 43 44 127
3 Mo Avg
65
115 61
99
87
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
182 | c o l d w e l l b a n k e r h o m e s . c o m
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 .