FL ARCHIVED November 2017 | Page 44

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 272,000
1 %
5 %
Average List Price of all Current Listings
$ 345,923
0 %
5 %
November Median Sales Price
$ 200,000
-0%
-1%
5 %
9 %
$ 198,100
8 %
8 %
November Average Sales Price
$ 222,640
-8%
-6%
1 %
4 %
$ 233,114
9 %
9 %
Total Properties Currently for Sale ( Inventory )
1,901
4 %
-13%
November Number of Properties Sold
373
3 %
-3%
4,815
1 %
November Average Days on Market ( Solds )
72 -17% -13%
-4%
-4%
81
7 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 153
1 %
3 %
6 %
9 %
$ 147
7 %
5 %
November Sold Price per Square Foot
$ 132
-2%
-1%
6 %
7 %
$ 132
8 %
7 %
November Month ' s Supply of Inventory
5.1
1 %
2 %
-10%
5 %
4.8
1 %
-1%
November Sale Price vs List Price Ratio
94.4 %
. 3 %
. 5 %
-. 6 %
. 4 %
93.7 %
-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
November Property sales were 373 , down 3.1 % from 385 in
November of 2016 and 3.0 % higher than the 362 sales last
600
Property month . November Sales 2017 sales were at a mid level compared to
700
November Property of 2016 sales and were 2015 . 373 November , down 3.1 YTD % from sales 385 of in 4,815 are
500
November running 0.5 of 2016 % ahead and of 3.0 last % higher year ' s than year-to-date the 362 sales last of 4,790 . month . November 2017 sales were at a mid level compared to
600
400
November of 2016 and 2015 . November YTD sales of 4,815 are
500
running 0.5 % ahead of last year ' s year-to-date sales of 4,790 .
400
300
200
300
100
200

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
0
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 200,000 , up 5.3 %
D
J
F M A M J
14
15
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
A S O N
3 Mo Avg
Prices from $ 190,000 in November of 2016 and down 0.5 % from
The
$ 201,000 Median last Sales month Price . in The November Average was Sales $ 200,000 Price in , up November 5.3 % was from
$ 222,640 $ 190,000 , up in 1.0 November % from $ 220,484 of 2016 and in November down 0.5 % of from 2016 and
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 201,000 7.6 last % from month $ 240,949 . The Average last month Sales . Price November in November 2017 ASP was was
$ 222,640 , up 1.0 % from $ 220,484 in of 2016 and
220 at the highest level compared to November of 2016 and 2015 . down 7.6 % from $ 240,949 last month . November 2017 ASP was
200
200
180
at the highest level compared to November of 2016 and 2015 .
180
160
160
140
140 120
421 326 416 544 575 521
421 326 416 544 575 521 480 483 402 442 442 331 444 317 380 430 530 508 517 456 452 426 389 385 386 332 392 544 486 559 503 450 455 359 362 373
120
100
100
D
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
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
November Total Inventory was 1,901 of Properties , up 4.1 % from available 1,827 for last sale month as of and down
3,000
November
12.6 % from was 2,175 1,901 in , up November 4.1 % from of 1,827 last year last month . November and down 2017
3,000
2,500
12.6
Inventory % from 2,175 was at in a November mid level compared of last year . with November 2017 of
20162,500
Inventory and 2015 was . at a mid level compared with November of 2016
2,000 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
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 November 2017 MSI of 5.1
500
2.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 5.1 of
2016500 months was at its lowest level compared with November of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 J
J A S O N
14
15
16
17
14
15
16
17
2,224 2,402 2,335 2,226 2,089
2,224 2,402 2,335 2,226 2,089 1,902 1,778 1,712 480 483 402 442
1,642 1,634 1,703 1,816 1,918
442
1,902 1,778 1,712 1,642 1,634 1,703
Number of Properties Sold
331 444 317
2,114 1,816 2,233 1,918 2,269 2,115 380 430 530 508 517 456
2,114 2,233 2,269 2,115 1,988 1,914 1,849 1,820
1,988 1,914 1,849 1,820 1,842 1,983
2,175
452 426
2,231 2,398
1,842
1,983 389 385 386 332 392 544
2,437 2,355 2,231 2,093 1,987 1,831 1,752 486 559
2,175
2,231 2,398 2,437 2,355 2,231 2,093 1,987
3 Mo Avg
503
1,733 1,827 1,901 450 455
3 Mo Avg
359 362
1,831 1,752 1,733 1,827 1,901
373
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
44 | 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 .