FL ARCHIVED April 2018 | Page 168

Market Action Report Osceola County Agent Name Title Phone Agent Name Website Title Other April 2018 Community Information | School District Phone Month Website $295,000 4% 16% Other $369,742 Trending 3% versus*: 17% Month LM L3M PYM LY $230,000 0% 2% 12% $295,000 4% 16% $251,891 -1% 2% 9% $369,742 1,710 3% -5% 17% -21% $230,000 557 0% 4% 2% 12% 7% 10% $251,891 -1% 2% 9% 8% 76 0% 0% -1% 1,710 -5% -21% $137 2% 2% 8% 557 4% 7% $127 -2% 0% 9% 76 0% 0% -1% 4% 3.1 -8% -18% -27% $137 2% 2% 8% 9% 96.6% -.1% .2% 1.6% $127 -2% 0% 9% 6% $127 10% 6% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date April Month's Supply of Inventory 3.1 -8% -18% -27% -30% 4.1 -15% -8% Number of 96.4% Properties April Sale Price vs List Price Ratio 96.6% -.1% .2% 1.6% 1.1% 1% Sold 1% 20 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 17 18 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 700 April Property sales were 557, up 7.1% from 520 in April of 2017 and 3.5% higher than the 538 sales last month. April 2018 sales 600 Property Sales were at their highest level compared to April of 2017 and 2016. 700 April sales 7.1% from in April 2017 year- 500 April Property YTD sales of were 1,862 557, are up running 1.3% 520 behind last of year's and 3.5% sales higher the 538 sales last month. April 2018 sales 600 to-date of than 1,886. 400 were at their highest level compared to April of 2017 and 2016. Number of Properties Sold 3 Mo Avg 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 $127 was down 2.0% from $130 last month and up 9.4% from 116 in April of last year. April YTD sales of 1,862 are running 1.3% behind last year's year- 500 300 to-date sales of 1,886. 400 372 489 Median Sales Price and Average Sales Price 3 Mo Avg 127 106 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 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amou nt that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The April 2018 Selling Price vs Original List Price of 96.6% was down from 96.7% last month and up from 95.1% in April of last year. 97% 96% 95.1% 95% 95% 94% 94% 210 190 93% 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 A comparatively lower MSI is more beneficial for sellers while a 1,000 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 3.1 a 1,000 higher MSI is better for buyers. April 2018 of of 3.1 2017 and 500 500 months was at its lowest level The compared with MSI April months 0 2016. was at its lowest level compared with April of 2017 and 0 2016. 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 N D J F M A 15 16 17 18 15 16 17 18 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 168 | c o l d w e l l b a n k e r h o m e s . c o m 1,500 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 18 3,000 17 The Total Inventory Inventory & MSI of Properties available for sale as of April was Total 1,710, down 4.5% from 1,791 last month and as down 21.5% The Inventory of Properties available for sale of April from 2,178 in April last 1,791 year. last April 2018 Inventory was at its 3,000 2,500 was 1,710, down 4.5% of from month and down 21.5% from 2,178 in April of last with year. April April of 2018 was at its lowest level compared 2017 Inventory and 2016. 2,500 2,000 lowest level compared with April of 2017 and 2016. 2,000 16 Total Inventory & Month's Supply of Inventory (MSI) Inventory / New Listings / Sales Inventory / New Listings / Sales This last view of the market combines monthly inventory of 3,000 Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well 2,500 as the relationship between these items. The number of New Listings in April 2018 was 740, up 3.1% from 718 last month and 2,000 down 3.3% from 765 in April of last year. 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 18 170 150 190 170 15 96.6% 95.9% 96% 93% Inventory & MSI 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 97% 230 210 150 3 Mo Avg 116 The Median Sales Price in April was $230,000, up 12.2% from Prices $205,000 in April of 2017 and up 0.2% from $229,500 last 290 The Median Sales Price Sales in April was in $230,000, 12.2% from month. The Average Price April was up $251,891, up 9.5% $205,000 in April in of April 2017 of and up and 0.2% down from 0.8% $229,500 from $230,135 2017 from last $253,944 290 270 month. The Average Sales ASP Price was in April $251,891, 9.5% last month. April 2018 at the was highest level up compared to 270 250 from April of 2017 and down 0.8% from $253,944 April $230,135 of 2017 in and 2016. last month. April 2018 ASP was at the highest level compared to 250 230 150 140 130 120 110 100 90 80 70 60 50 502 534 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 17 18 Prices April of 2017 and 2016. 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 0 0 100 100 200 200 300 Selling Price per Square Foot Selling Price per Square Foot 3 Mo Avg April Sale Price vs List Price Ratio April Sold Price per Square Foot 40 April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 4% 6% 6% -8% 1% 76 60 April Average Days on Market (Solds) 9% $134 1,862 -1% 6% $127 76 0% -30% 4.1 $134 8% 1.1% 96.4% -1% 8% 0% 6% 8% 10% 4% -15% 6% 1% 77 April Sold Price per Square Foot $226,000 1,862 12% $247,920 9% 4% 76 80 80 Asking Price per Square Foot (based on New Listings) April Number of Properties Sold 9% 100 April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $247,920 8% 6% April Average Sales Price 10% 8% The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for April was 76, equal to 76 days last month and down 1.3% from 77 days in April of last year. The April 2018 DOM was at its lowest level compared with April of 2017 and 2016. 3 Mo Avg 120 April Sales Price April Median Number of Properties Sold Trending versus*: YTD Prior YTD 12% Prior Year $226,000 Days On Market for Sold Properties Market Time Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) YTD Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Trending versus*: Prior YTD Prior Year Average List Price of all Current Listings Community Information | School District Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Title Phone Website Other Price Range: All | Properties: SFH - Con Trending versus*: LM L3M PYM LY April 2018 Agent Name Price Range: All | Properties: SFH - Con Osceola County County: Osceola Market Action Report Market Action Report County: Osceola County: Osceola April 2018 1,000 500 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 17 18 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con Data is provided courtesy of Great er 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 REAL 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. c o l dw el l b a n k er h o m es . c o m | 169 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 Association Flagler of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board Coast of REALTORS, Coast Association of REALTORS, Pensacola of REALTORS and estate may 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 REALTORS, County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal of Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Association Emerald of REALTORS, Pensacola Association of REALTORS and Association may not reflect all relevant 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.