Community Information Website | School District
Market Action Report April 2018 Agent Name
City Fort : Lauderdale / Fort Lauderdale Beach
Title
Phone
Community Information Website | School District
Other Price Range : All | Properties : SFH - Con
Market Time |
140 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
120 |
trend in DOM tends to indicate a move towards more of a |
Buyer ' s market , a downward trend a move towards more of a |
100 |
Seller ' s market . The DOM for April was 89 , up 21.9 % from 73 |
days last month and down 3.3 % from 92 days in April of last |
80 |
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year . The April 2018 DOM was at its lowest level compared with
April of 2017 and 2016 .
|
60 |
Selling Price per Square Foot 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 $ 265 was up 11.2 % from $ 238 last month and up 8.2 % from 245 in April of last year .
40 20
Days On Market for Sold Properties
109
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16 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
300 290 280 270 260 250 240 230 220 210 200
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their 96 % original list price . The lower the ratio is below 100 % the more of
95 % 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 94 % List Price of 92.6 % was down from 95.2 % last month and down from 94.8 % in April of last year . 93 % 92 % 91 % 90 %
248
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.4 %
92
245
94.8 %
3 Mo Avg
3 Mo Avg
89
265
92.6 %
Inventory / New Listings / Sales 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 192 , up 2.7 % from 187 last month and down 62.9 % from 518 in April of last year .
89 % |
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Inventory / New Listings / Sales |
3,000 2,500 2,000 1,500
2,387 2,337 2,326 2,275 2,251 2,339 2,400 2,332
2,511 2,742 2,743 2,754 2,696 2,628 2,547 2,488 2,364 2,381 2,393 2,333 2,485 2,447 2,445 2,301 2,206 2,174 2,166 2,094 2,070 2,103 2,126 2,110 2,132 2,161 2,160 2,145
1,000 500
0
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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 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 d w e l l b a n k e r h o m e s . c o m | 91 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may