FL ARCHIVED October 2017 | Page 164

Market Action Report Orlando City: Orlando Agent Name Title Phone Agent Name Website Title Other October 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM Trending versus*: L3M PYM LY $295,000 4% 23% Other $390,566 Trending 3% versus*: 16% Month LM L3M PYM LY $215,000 -3% -2% 10% $295,000 4% 23% $248,653 -3% -2% 10% $390,566 2,699 3% -11% 16% -26% $215,000 1,027 -3% 13% -2% 10% 1% 10% $248,653 -3% -2% 10% 10% 57 14% 10% 6% 2,699 -11% -26% $147 0% 1% 12% 1,027 13% 1% $135 -3% -1% 9% 57 14% 10% 6% -7% 2.6 -22% -8% -27% $147 0% 1% 12% 11% 95.3% -.4% -.7% -.8% October Month's Supply of Inventory 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 1,600 October Property sales were 1,027, up 1.3% from 1,014 in October of 2016 and 13.1% higher than the 908 sales last month. 1,400 Property Sales October 2017 sales were at a mid level compared to October of 1,600 1,200 October Property were YTD 1,027, up 1.3% from are 1,014 in 2016 and 2015. sales October sales of 11,371 running 0.7% 1,400 October of 2016 and 13.1% higher than the 908 sales last month. ahead of last year's year-to-date sales of 11,291. 1,000 Prices 14 15 16 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 The Median Sales Price in October was $215,000, up 10.3% Prices from $195,000 in October of 2016 and down 2.7% from 290 The Median last Sales Price in The October was Sales $215,000, $221,050 month. Average Price up in 10.3% October was 270 from $195,000 October 2016 and in down 2.7% of from $248,653, up in 9.6% from of $226,877 October 2016 and down 290 $221,050 last $255,230 month. The Price 2017 in October was at the 2.6% from last Average month. Sales October ASP was 250 $248,653, up 9.6% from $226,877 in October 2016 and down 270 highest level compared to October of 2016 of and 2015. 2.6% from $255,230 last month. October 2017 ASP was at the 250 230 highest level compared to October of 2016 and 2015. 0 0 200 200 400 400 600 600 800 3 Mo Avg 800 1,000 3 Mo Avg Number of Properties Sold 1,200 October 2017 sales were at a mid level compared to October of 2016 and 2015. October YTD sales of 11,371 are running 0.7% ahead of last year's year-to-date sales of 11,291. -10% 9% 10% -16% 0% $135 -3% -1% 9% 12% $133 11% 10% 2.6 -22% -8% -27% -23% 2.9 -17% -16% of 96.0% Properties 95.3% -.4% -.7% -.8% Number -.5% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date October Sale Price vs List Price Ratio October Sold Price per Square Foot October Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) October Sold Price per Square Foot October Average Days on Market (Solds) October Number of Properties Sold 11% 12% -23% -.5% 1,217 Asking Price per Square Foot (based on New Listings) 1% 10% -10% 9% $144 10% 11,371 1% $133 11% 55 -10% -10% 2.9 -17% $144 10% 9% 96.0% 0% 911 October Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $215,000 11,371 10% $246,684 10% -7% 55 1,303 October Average Sales Price October Sales Price October Median Number of Properties Sold Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Trending versus*: Prior YTD 10% Prior Year 10% 10% YTD $215,000 10% $246,684 10% 9% 827 Market Trends Overview October Profile Median & Sales Price Median List Price of all Current October Average Sales Price Listings Trending versus*: Prior YTD Prior Year YTD Average List Price of all Current Listings Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Action Report City: Orlando October 2017 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 230 210 210 190 190 170 170 150 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 150 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) The Total Inventory Inventory & MSI of Properties available for sale as of 6,000 October was 2,699, of down 11.5% available from 3,049 last as month and The Total Inventory Properties for sale of down 25.6% from down 3,629 11.5% in October of last year. October October was 2,699, from 3,049 last month and 2017 6,000 5,000 down 25.6% was from at 3,629 in October of last year. with October 2017 of 2016 Inventory its lowest level compared October 5,000 4,000 Inventory and 2015. was at its lowest level compared with October of 2016 4,000 3,000 3,000 A comparatively lower MSI is more beneficial for sellers while a 2,000 A higher comparatively lower MSI is more The beneficial for 2017 sellers MSI while MSI is better for buyers. October of a 2.6 2,000 1,000 higher MSI is better for buyers. October with 2017 October MSI of 2.6 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. 0 5.0 4.0 and 2015. 6.0 6.0 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 164 | 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.