FL ARCHIVED May 2017 | Page 44

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

County : Charlotte

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
$ 265,000
0 %
6 %
Average List Price of all Current Listings
$ 343,344
1 %
4 %
May Median Sales Price
$ 207,000
9 %
6 %
13 %
12 %
$ 194,000
8 %
5 %
May Average Sales Price
$ 235,709
2 %
1 %
8 %
10 %
$ 230,498
8 %
7 %
Total Properties Currently for Sale ( Inventory )
2,015
-8%
2 %
May Number of Properties Sold
558
15 %
10 %
2,308
7 %
May Average Days on Market ( Solds )
78
1 %
-1%
-4%
4 %
77
5 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 142
-2%
-2%
5 %
1 %
$ 147
7 %
5 %
May Sold Price per Square Foot
$ 133
1 %
0 %
9 %
9 %
$ 132
8 %
7 %
May Month ' s Supply of Inventory
3.6 -20% -13% -7%
-25%
5.1
0 %
6 %
May Sale Price vs List Price Ratio
93.7 %
-. 2 % -. 1 % -. 5 %
-. 4 %
93.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
May Property sales were 558 , up 9.8 % from 508 in May of 2016
and 15.3 % higher than the 484 sales last month . May 2017 sales
600
Property were at their Sales highest level compared to May of 2016 and 2015 .
700
May
May Property YTD sales sales of were 2,308558 are , up running 9.8 % from 6.6 % 508 ahead in May of last of 2016 year ' s
500
and year-to-date 15.3 % higher sales than of the 2,165 484 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
600
400
May YTD sales of 2,308 are running 6.6 % ahead of last year ' s
500
year-to-date sales of 2,165 .
300
400
200
300
200
100

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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 $ 207,000 , up 12.5 % 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
$ 183,938 in May of 2016 and up 8.9 % from $ 190,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 207,000 May was , up $ 235,709 12.5 % from , up 7.9 %
$ from 183,938 $ 218,492 in May of in 2016 May of and 2016 up 8.9 and % up from 1.7 $ % 190,000 from $ 231,851 last last
240
240
220
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 235,709 compared , up 7.9 % to May from $ 218,492 in May of 2016 and up 1.7 % from $ 231,851 last
220 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
200
200
180
of 2016 and 2015 .
180
160
160 140
140 120
452 413 374 417 423
452 413 374 417 423 329 420 326 416 544 574 521 480 483 402 441 442 331 444 317 380 430 530 508 516 456 453 426 389 385 386 332 392 542 484 558
120
100
100
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 2,015 Inventory , down 8.1 of % Properties from 2,192 available last month for sale and as up of 1.8 May % from
3,000 was
1,980 2,015 in , May down of 8.1 last % from year . 2,192 May last 2017 month Inventory and up was 1.8 at % its from highest
3,000
2,500
1,980 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest
2,500 level compared with May of 2016 and 2015 .
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
2,000
1,500
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The May 2017 MSI of 3.6 higher MSI is better for buyers . The May 2017 MSI of 3.6
500
2.0 months was at its lowest level compared with May of 2016 and
500 months was at its lowest level compared with May of 2016 and
1.0
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
2,239 2,051 2,001 2,009 2,091
2,239 2,051 2,001 2,009 2,091 2,151 2,216 329 420 326 416
2,151
2,216 2,395 2,327
544
2,395 2,327 2,219 2,085 1,899 1,775
574
Number of Properties Sold
521 480 483 402 441
1,707 1,638 1,629 1,697 1,810 1,913
442
2,219
2,085 1,899 1,775 1,707 1,638 1,629 1,697
331 444
2,109
1,810 2,228
1,913 2,261
2,106 317 380 430 530
2,109 2,228 2,261 2,106 1,980 508 516
1,907 1,844
456
1,980 1,907 1,844 1,812 1,834 1,973
2,164
453 426
2,219 2,376
1,812 1,834 1,973 389 385
3 Mo Avg
386
2,411 2,323 2,192
2,015 332 392
2,164
2,219 2,376 2,411 2,323
3 Mo Avg
542 484
2,192 2,015
558
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
44 | c o l d w e l l b a n k e r h o m e s . c o m
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 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 .