FL ARCHIVED November 2017 | Page 164

Market Action Report Orlando City: Orlando Agent Name Title Phone Agent Name Website Title Other November 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $299,000 Other LM Trending versus*: L3M PYM LY 5% 25% $393,527 Trending 4% versus*: 17% Month LM 2% L3M 0% PYM 10% LY $219,091 $299,000 5% 1% 0% 25% 7% $250,245 $393,527 2,611 4% -10% 17% -26% $219,091 1,034 2% 1% 0% 10% 9% 12% $250,245 1% 0% 7% 11% 59 5% 9% -3% 2,611 $150 -10% 3% -26% 2% 13% 1,034 1% 9% $135 -0% -1% 9% 59 5% 9% -3% -3% 2.5 -10% -14% -32% $150 3% 2% 13% 14% 95.2% -.2% -.5% .0% $135 -0% -1% 9% 2.5 -10% -14% -32% 95.2% -.2% -.5% .0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date November Month's Supply of Inventory November Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 1,600 November Property sales were 1,034, up 9.1% from 948 in 1,400 November of 2016 and 0.6% higher than the 1,028 sales last Property Sales 2017 sales were at their highest level month. November 1,600 1,200 November sales were 1,034, up 2015. 9.1% from 948 in YTD sales compared Property to November of 2016 and November 1,400 November and 0.6% the year's 1,028 year-to-date sales last of 12,416 of are 2016 running 1.4% higher ahead than of last sales 1,000 month. November 2017 sales were at their highest level of 12,242. 1,200 800 compared to November of 2016 and 2015. November YTD sales 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 14 15 16 17 D J F M A M J J A Median S O N D Sales J F M Price A M J and J A S Average O N D J Sales F M A Price M J J A S O N 3 Mo Avg 14 15 16 17 Prices The Median Sales Price in November was $219,091, up 10.1% from $199,000 in November of 2016 and up 1.9% from Prices 290 The Median last Sales Price in The November $219,091, 10.1% $215,000 month. Average was Sales Price in up November was 270 from $199,000 November of 2016 and up 1.9% from $250,245, up in 7.2% from $233,479 in November of 2016 and up 290 $215,000 last $248,873 month. The Price in 2017 November was at 0.6% from last Average month. Sales November ASP was 250 270 $250,245, up level 7.2% compared from $233,479 in November of 2016 up the highest to November of 2016 and and 2015. 0.6% from $248,873 last month. November 2017 ASP was at 250 230 the highest level compared to November of 2016 and 2015. 0 0 200 200 400 400 600 3 Mo Avg 600 800 1,000 3 Mo Avg Number of Properties Sold of 12,416 are running 1.4% ahead of last year's year-to-date sales of 12,242. -8% 9% 10% -16% 0% 12% $133 11% 10% -26% 2.9 -18% -16% Number of 96.0% Properties -.6% 0% Sold 0% November Sale Price vs List Price Ratio November Sold Price per Square Foot November Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 1,217 November Sold Price per Square Foot November Average Days on Market (Solds) 911 November Number of Properties Sold 1% 10% -8% 9% 9% 11% -8% -18% 9% 0% 14% $144 12,416 1% 12% $133 56 -8% -26% 2.9 $144 9% -.6% 96.0% 1,303 Asking Price per Square Foot (based on New Listings) $215,200 12,416 10% $247,091 10% -3% 56 November Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) November Average Sales Price Trending versus*: 827 November Sales Price November Median Number of Properties Sold Trending versus*: Prior YTD Prior Year YTD Prior YTD 10% Prior Year 10% 12% YTD $215,200 11% $247,091 10% 9% Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Market Profile & Trends Overview November Median Sales Price Median List Price of all Current November Average Sales Price Listings Average List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Market Action Report City: Orlando November 2017 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 150 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 14 15 16 17 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 14 15 16 17 A comparatively lower MSI is more beneficial for sellers while a 6.0 6.0 3,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 2,000 5.0 4.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of 6,000 November was 2,611, down 9.9% from 2,899 last and The Total Inventory of Prop erties available for sale as month of 6,000 down 25.6% November of last November was from 2,611, 3,508 down in 9.9% from 2,899 last year. month November and 5,000 2017 25.6% Inventory at in its November lowest level compared with November down from was 3,508 of last year. November 5,000 4,000 2017 Inventory was at its lowest level compared with November of 2016 and 2015. 4,000 of 2016 and 2015. 3,000 2,000 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. November 2017 while MSI a of 2.5 1,000 higher MSI is better for buyers. November MSI of 2.5 months was at its lowest level The compared with 2017 November of 2016 1,000 months was at its lowest level compared with November of 2016 0 and 2015. 0 and 2015. 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 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 14 15 16 17 14 15 16 17 3.0 2.0 1.0 0.0 5.0 4.0 3.0 2.0 1.0 0.0 S O N Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 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 Asso 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 REALT 164 | c o l d w e l l b a n k e r h o m e s . c o m 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.