FL ARCHIVED October 2017 | Page 162

Market Action Report
County: Orange
Orange County
Agent Name
Market Action Report
County: Orange
October 2017
Title
Phone
Agent
Name
Website
Title Other
October 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$335,000
3%
16%
Other
$523,657 Trending
4% versus*:
13%
Month
LM
L3M
PYM
LY
$244,555 -0% 0% 11%
$335,000
3%
16%
$304,740 2% 3% 11%
$523,657 4,412
4% -9% 13% -21%
$244,555 1,526
-0% 12%
0% 11% 5%
11%
$304,740 2%
3%
11%
15%
57 8% 8% 0%
4,412 -9%
-21%
$155 -3% 1% 12%
1,526 12%
5%
$142 -1% 0% 9%
57 8% 8% 0% -11%
2.9 -19% -5% -25%
$155 -3% 1% 12% 11%
95.5% -.1% -.5% -.3%
Average List Price of all Current Listings
Market
Trends
Overview
October Profile
Median & Sales
Price
Median
List
Price
of
all
Current
October Average Sales Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
October
Sales
Price
October Median
Number
of Properties
Sold
October Average Sales Price
October Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
October Number of Properties Sold
October Sold Price per Square Foot
October Average Days on Market (Solds)
October Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
October Sale Price vs List Price Ratio
October Sold Price per Square Foot
October 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
2,500
October Property sales were 1,526, up 4.7% from 1,457 in
October of 2016 and 12.4% higher than the 1,358 sales last
Property
Sales 2017 sales were at a mid level compared to 2,500 2,000
month. October
October
were 1,526,
up 4.7%
in are
October Property
of 2016 sales
and 2015.
October
YTD from
sales 1,457
of 16,793
October
2016 ahead
and 12.4%
higher
than
the 1,358 sales
running of 1.4%
of last
year's
year-to-date
sales last
of 16,564.
2,000 1,500
month. October 2017 sales were at a mid level compared to
October of 2016 and 2015. October YTD sales of 16,793 are
running 1.4% ahead of last year's year-to-date sales of 16,564.
Trending versus*:
Prior YTD 10%
Prior Year 9%
11% YTD
$240,000
15%
$291,940
11%
10%
$240,000 16,793
10%
$291,940
11%
-11%
57
11%
13%
-19%
-.1%
1% 9%
-11% 10%
$151
9%
16,793
1%
$139
11%
57 -11%
-11%
3.1 -15%
$151
9%
8%
95.9%
0%
-11%
8%
10%
-14%
0%
$142 -1% 0% 9% 13%
$139
11%
10%
2.9 -19% -5% -25% -19%
3.1 -15%
-14%
of 95.9%
Properties
95.5% -.1% -.5% -.3% Number
-.1%
0% Sold 0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
October Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
3 Mo Avg
1,500 1,000
Prices
The Median Sales Price in October was $244,555, up 10.7% from
Prices
$221,000 in October of 2016 and down 0.4% from $245,450
The
in October
was $244,555,
10.7%
from
last Median
month. Sales
The Price
Average
Sales Price
in October up was
$304,740,
350
$221,000
October
of 2016 in and
down of
0.4%
from
up 10.8% in from
$274,954
October
2016
and $245,450
up 1.7% from
330
last
month. last
The month.
Average October
Sales Price
in October
$304,740,
$299,785
2017
ASP was was
at the
highest level
310
up
10.8%
from
$274,954
in
October
of
2016
and
up
1.7%
from
compared to October of 2016 and 2015.
$299,785 last month. October 2017 ASP was at the highest level
compared to October of 2016 and 2015.
290
270
250
230
210
190
170
150
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
14 15
16
17
N D J F M A M J J Median
A S O N Sales
D J F Price
M A M and
J J A Average
S O N D Sales
J F M Price
A M J J A S O
14
15
350
330
310
290
270
250
230
210
190
170
150
16
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
17 M J J A S O
N D 14 J F 15
M 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
14
15
16
17
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
6.0
0
6.0
5.0
4.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
8,000
October
was 4,412, of down
8.7% available
from 4,832
The
Total Inventory
Properties
for last
sale month
as of and down
21.1% from
5,590 down
in October
of last
year.
October
2017 down 8,000 7,000
October
was 4,412,
8.7% from
4,832
last
month and
7,000 6,000
21.1%
from 5,590
October
last compared
year. October
Inventory
was at in its
lowest of
level
with 2017
October of 2016
Inventory
and 2015. was at its lowest level compared with October of 2016 6,000 5,000
and 2015.
5,000 4,000
4,000 3,000
A comparatively lower MSI is more beneficial for sellers while 3,000
a
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers MSI
while
MSI is better
for buyers.
October
of a 2.9 2,000 2,000
higher
MSI
is better
for buyers.
October with
2017 October
MSI of 2.9
1,000
months
was
at its lowest
level The
compared
of 2016
1,000
months
was at its lowest level compared with October of 2016
0
and 2015.
and 2015.
1,342
1,181
1,797
1,933
0
0
500
1,000 500
3.0
2.0
1.0
0.0
5.0
4.0
3.0
2.0
1.0
0.0
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 J J A S O
14 15
16
17
14
15
16
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
162 | c o l d w e l l b a n k e r h o m e s . c o m
17
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 REAL
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.