FL ARCHIVED October 2017 | Page 44

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 274,100
4 %
10 %
Average List Price of all Current Listings
$ 347,745
3 %
6 %
October Median Sales Price
$ 201,000
1 %
-1%
1 %
9 %
$ 198,100
8 %
8 %
October Average Sales Price
$ 240,949
2 %
1 %
6 %
12 %
$ 234,102
10 %
9 %
Total Properties Currently for Sale ( Inventory )
1,774
3 %
-10%
October Number of Properties Sold
362
1 %
-7%
4,437
1 %
October Average Days on Market ( Solds )
87
1 %
1 %
6 %
16 %
81
7 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 152
3 %
4 %
6 %
9 %
$ 146
6 %
4 %
October Sold Price per Square Foot
$ 135
2 %
2 %
7 %
10 %
$ 132
8 %
7 %
October Month ' s Supply of Inventory
4.9
2 %
9 %
-4%
1 %
4.8
2 %
-2%
October Sale Price vs List Price Ratio
94.1 %
. 9 %
. 4 %
-. 3 %
. 0 %
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
October Property sales were 362 , down 6.9 % from 389 in
October of 2016 and 0.8 % higher than the 359 sales last month .
600
Property
October 2017 Sales sales were at their lowest level compared to
700
October Property of 2016 sales and 2015 were . 362 October , down YTD 6.9 % sales from of 389 4,437 in are
500
October running of 0.7 2016 % ahead and 0.8 of % last higher year than ' s year-to-date the 359 sales sales last of month 4,404 . .
600
October 2017 sales were at their lowest level compared to
400
October of 2016 and 2015 . October YTD sales of 4,437 are
500
running 0.7 % ahead of last year ' s year-to-date sales of 4,404 .
300
400
200
300
200
100
Prices
The Median Sales Price in October was $ 201,000 , up 0.8 % from
Prices
$ 199,500 in October of 2016 and up 0.6 % from $ 199,900 last
240
The month Median . The Sales Average Price Sales in October Price was in October $ 201,000 was , up $ 240,949 0.8 % from , up
$
5.8 199,500 % from in October $ 227,736 of in 2016 October and up of 0.6 2016 % from and up $ 199,900 2.2 % from last
240
220
month
$ 235,687 . The last Average month Sales . October Price in 2017 October ASP was $ at 240,949 the highest , up level
5.8 % from $ 227,736 in October of 2016 and up 2.2 % from
220 compared to October of 2016 and 2015 .
$ 235,687 last month . October 2017 ASP was at the highest level
200
200
180
compared to October of 2016 and 2015 .
180
160

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

100 0
0
Number of Properties Sold
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
J
F M A M J
15
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
329 420 326 416 544 575 521 480 483 402 441 442 331 444 317 380 430 530 508 516 456 452 426 389 385 386 332 392 542 485 558 502 450 455 359 362
N D 14
160 140
140 120
329 420 326 416 544 575
120
100
100
N
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
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
17 M J
J
A S O
A S O
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
October Total Inventory was 1,774 , of up Properties 3.1 % from available 1,720 last for month sale as of and down
3,000
October
10.3 % from was 1,774 1,978 , up in 3.1 October % from of 1,720 last year last month . October and 2017 down
3,000
2,500
10.3
Inventory % from 1,978 was at in a October mid level of compared last year . October with October 2017 of 2016 and
2,500
Inventory
2015 . was at a mid level compared with October of 2016 and
2,000
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 October 2017 MSI of 4.9 higher MSI is better for buyers . The October 2017 MSI of 4.9
500
2.0 months was at a mid level compared with October of 2016 and
500 months was at a mid level compared with October of 2016 and
1.0
2015 .
0
2015 .
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 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
17
2,151
2,216 2,395 2,327 2,219 2,085
521
2,151
2,216 2,395 2,327 2,219 2,085 1,899 1,775 1,707 480 483
1,899 1,775 1,707 402 441
1,638 1,629
1,638 1,629 1,698 1,811 1,914
Number of Properties Sold
442 331 444 317
2,111 2,230 1,914 2,263 2,108
1,698 1,811
380 430 530 508 516
2,111 2,230 2,263 2,108 1,982 1,909 1,846
456
1,982 1,909 1,846 1,816 1,838 1,978
2,169 452 426
2,225 2,390
1,816 1,838 1,978 389 385 386 332 392 542
2,431 2,349 2,226 2,088 1,983 1,825 1,745
485
2,169
2,225 2,390 2,431 2,349 2,226 2,088
3 Mo Avg
558
3 Mo Avg
1,720
1,774 502 450
1,983 1,825 1,745
3 Mo Avg
455 359
1,720 1,774
362
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
44 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 .