FL ARCHIVED October 2017 | Page 172

Market Action Report
Seminole County
County: Seminole
Agent Name
Market Action Report
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
$329,000
1%
8%
Other
$419,617 Trending
-0% versus*: 9%
Month
LM -12%
L3M -7%
PYM -3%
LY
$230,000
$329,000
1%
8%
$244,022 -15% -9% -3%
$419,617 1,192
-0% -8%
9% -18%
$230,000 465
-12% 9%
-7% -3% -8%
1%
$244,022 -15%
-9%
-3%
-4%
43 -7% 2% -25%
1,192 -8%
-18%
$144 4% 1% 11%
465 9%
-8%
$132 -3% -2% 9%
43 -7% 2% -25% -23%
2.6 -15% -1% -11%
$144 4% 1% 11% 12%
95.9% -.3% -.2% .4%
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
800
October Property sales were 465, down 8.1% from 506 in
October of 2016 and 8.6% higher than the 428 sales last month. 700
Property
Sales
October 2017
sales were at their lowest level compared to
800 600
October
were 465,
down YTD
8.1% sales
from of
506
in are
October Property
of 2016 sales
and 2015.
October
5,364
700
October
2016 behind
and 8.6%
higher
the 428 sales
last
running of 4.9%
last
year's than
year-to-date
sales
of month.
5,640.
500
3 Mo Avg
3 Mo Avg
Prices
14
The Median Sales Price in October was $230,000, down 3.0%
Prices
from $237,200 in October of 2016 and down 11.5% from
290
The
Median last
Sales month.
Price in The
October
was Sales
$230,000,
3.0% was
$260,000
Average
Price down
in October
from
$237,200
in October
of 2016
and down
11.5% from
$244,022,
down
2.7% from
$250,913
in October
of 2016 and 290 270
$260,000
last from
month.
The Average
Sales Price
in October
down 14.8%
$286,333
last month.
October
2017 was
ASP was
270 250
$244,022,
down compared
2.7% from $250,913
in of
October
of 2016
and
at a mid range
to October
2016 and
2015.
down 14.8% from $286,333 last month. October 2017 ASP was
250 230
388
408
15
16
665
735
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 A
S O N D Sales
J F M Price
A M J and
J A Average
S O N D Sales
J F M Price
A M J J A S O
Median
0
at a mid range compared to October of 2016 and 2015.
0
100
100
200
-18%
8%
9%
-11%
1%
200
300
-5% 7%
-18% 6%
$139
9%
5,364
-5%
$131
10%
46 -18%
-18%
2.5 -11%
$139
9%
8%
96.3%
1%
300
400
$243,950 5,364
7%
$269,417
6%
-23%
46
12%
10%
-9%
.2%
7%
6%
6%
400
500
600
$269,417
Number of Properties Sold
October 2017 sales were at their lowest level compared to
October of 2016 and 2015. October YTD sales of 5,364 are
running 4.9% behind last year's year-to-date sales of 5,640.
Trending versus*:
YTD
Prior YTD 7%
Prior Year
$243,950
$132 -3% -2% 9% 10%
$131
10%
9%
2.6 -15% -1% -11% -9%
2.5 -11%
-11%
of 96.3%
Properties
95.9% -.3% -.2% .4% Number
.2%
1% Sold 1%
* 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
1%
-4%
County: Seminole
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
2,500
October
was 1,192, of down
7.7% from
1,292
The
Total Inventory
Properties
available
for last
sale month
as of and down
2,500
18.2% from
1,457 down
in October
of last
year.
2017
October
was 1,192,
7.7% from
1,292
last October
month and
down
2,000
18.2%
from 1,457
October
last compared
year. October
Inventory
was at in its
lowest of level
with 2017
October of 2016
2,000
Inventory
was
at
its
lowest
level
compared
with
October
of
2016
and 2015.
1,500
1,000
A comparatively lower MSI is more beneficial for sellers while 1,000
a
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The October 2017 MSI of 2.6
500
higher
MSI
is better
for buyers.
October with
2017 October
MSI of 2.6
months
was
at its lowest
level The
compared
of 2016 500
months
was
at
its
lowest
level
compared
with
October
of
2016
0
and 2015.
and 2015.
0
5.0
4.0
1,500
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
172 | 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.