FL ARCHIVED April 2018 | Page 138

April Month's Supply of Inventory
April Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
350
April Property sales were 277, up 24.8% from 222 in April of
2017 and 4.1% higher than the 266 sales last month. April 2018 300
Property
sales were Sales
at their highest level compared to April of 2017 and 350
April
Property
sales sales
were of
277,
up are
24.8%
from 10.8%
222 in ahead
April of of last
250
2016.
April YTD
925
running
2017
and
4.1% higher sales
than the
266 sales last month. April 2018 300
year's
year-to-date
of 835.
200
sales were at their highest level compared to April of 2017 and
86% 84% 230 210
93.2%
88%
compared to April of 2017 and 2016.
82%
0
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
15
16
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
2016.
0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
50
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
100
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
605, Inventory
down 1.8%
from 616 last
month for
and
from 603 800
The
of Properties
available
sale up as 0.3%
of April
in April
of last 1.8%
year.
April
Inventory
at a from
mid level
was
605, down
from
616 2018
last month
and was
up 0.3%
603 800 700
700 600
in compared
April of last
year.
April
2018 and
Inventory
with
April
of 2017
2016. was at a mid level
compared with April of 2017 and 2016.
600 500
500 400
400 300
A comparatively lower MSI is more beneficial for sellers while 300
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2018
MSI while
of 2.2 a 200 200
higher
MSI
is better
for buyers.
April 2018
of of
2.2 2017 and
100
months
was
at its lowest
level The
compared
with MSI
April
100
months
0
2016. was at its lowest level compared with April of 2017 and
Inventory & MSI
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
15
16
17
18
150
150
170 150
300
200
3 Mo Avg
190 170
Inventory / New Listings / Sales
250
Median Sales Price and Average Sales Price
210 190
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
15
16
17
18
Inventory / New Listings / Sales
3 Mo Avg
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
15
16
17
18
93.1%
3 Mo Avg
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
15
16
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Prices
The Median Sales Price in April was $235,000, up 12.7% from
Prices
$208,500 in April of 2017 and up 0.5% from $233,750 last
290
The
Median
Sales
Price Sales
in April
was in
$235,000,
12.7% from
month.
The
Average
Price
April was up
$270,657,
up
270
$208,500
in April
of 2017
last
11.8% from
$242,065
in and
April up of 0.5%
2017 from
and $233,750
up 2.9% from
290
month.
The last
Average
Sales
Price 2018
in April
up level
$262,939
month.
April
ASP was
was $270,657,
at the highest
270 250
11.8%
from $242,065
April and
of 2017
and up 2.9% from
compared
to April of in 2017
2016.
$262,939 last month. April 2018 ASP was at the highest level
250 230
94.2%
0
0
50
50
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
20%
6%
4%
-3%
-0%
100
100
11% 2%
10% 4%
9%
7%
20%
-6%
6%
0%
150
Selling Price versus Listing Price Ratio
200
150
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
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Selling Price vs Original Listings Price
250
2016. April YTD sales of 925 are running 10.8% ahead of last
year's year-to-date sales of 835.
198
2%
4%
Number of Properties Sold
215
9%
2% 8% 6%
$137
7%
4%
-9% -20% -21%
2.7
-6%
-3%
of 95.2%
Properties
.7% .0% Number
.3%
0% Sold -0%
239
The Selling Price vs Original Listing Price reveals the average
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of 98%
a Buyer's market exists, a ratio at or above 100% indicates more
96%
of a Seller's market. The April 2018 Selling Price vs Original
94%
List Price of 94.2% was up from 91.1% last month and up from
92%
93.2% in April of last year.
90%
$139 1%
2.2 -6%
95.8% .8%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
250
240
230
220
210
200
190
180
170
160
150
3 Mo Avg
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
Selling Price per Square Foot
Selling Price per Square Foot
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
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
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April Sold Price per Square Foot
April Average Days on Market (Solds)
April Number of Properties Sold
$268,979
9%
925
9%
55
8%
$150
925
11%
6%
$137
55
10%
-21%
2.7
$150
9%
.3%
95.2%
20
Asking Price per Square Foot (based on New Listings)
Trending versus*:
YTD
Prior YTD 9%
Prior Year
$235,000
$235,000
$268,979
-15%
Total Properties Currently for Sale (Inventory)
April Average Days on Market (Solds)
40
Trending versus*:
Prior YTD Prior Year
YTD
2%
4%
April Average Sales Price
April
Sales
Price
April Median
Number
of Properties
Sold
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
66
Trending versus*:
L3M PYM
LY
Market
Profile
& Trends
April Median
Sales
Price Over view
Median
List
Price
of
all
Current Listings
April Average Sales Price
92
85
LM
$330,000
9%
22%
Other
$373,425 Trending
7% versus*:
13%
Month
LM
L3M
PYM
LY
$235,000 1% 0% 13%
$330,000
9%
22%
$270,657 3% 1% 12%
$373,425 605
7% -2% 13% 0%
$235,000 277
1% 4%
0% 13% 25%
2%
$270,657 3%
1%
12%
4%
39 -30% -29% -17%
605 -2%
0%
$153 3% 2% 12%
277 4%
25%
$139 1% 2% 8%
39 -30% -29% -17% -15%
2.2 -6% -9% -20%
$153 3% 2% 12% 8%
95.8% .8% .7% .0%
Average List Price of all Current Listings
0
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The
graph shows the basic annual seasonality of the market as well
as the relationship between these items. The number of New
Listings in April 2018 was 68, down 13.9% from 79 last month
and down 15.0% from 80 in April of last year.
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Time
160
The average Days On Market (DOM) shows how many days the
140
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
120
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 66, down 10.8% from
100
74 days last month and down 28.3% from 92 days in April of last
year. The April 2018 DOM was at its lowest level compared with 80
April of 2017 and 2016.
60
3 Mo Avg
April 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The April 2018 Selling Price per Square Foot of $239 was up
13.2% from $211 last month and up 11.2% from 215 in April of
last year.
Title
Phone
Agent
Name
Website
Title Other
City: Melbourne
Melbourne
Community Information | School District
April 2018
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Melbourne
Agent Name
Cocoa Beach
Market Action Report
City: Cocoa Beach
April 2018
Market Action Report
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
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
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M Association,
J J A Navarre
S O Area
N D Board
J of F REALTORS,
M A M Emerald
J J Coast
A S Association
O N D of REALTORS,
J F M A
M J Association
J A S of O REALTORS
N D J and F may
M not A reflect all relevant real estate
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 Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR
Pensacola
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.
138 | c o l d w e l l b a n k e r h o m e s . c o m
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
17
18
c o l dw el l b a n k er h o m es . c o m
| 139
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.