FL ARCHIVED April 2018 | Page 186

Price Range: All | Properties: SFH - Con Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) 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 94.8% 92% 90% 88% 86% 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 Inventory / New Listings / Sales 350 last month. April 2018 ASP was at the highest level compared to 240 220 April of 2017 and 2016. 200 180 160 140 120 100 300 280 260 240 220 200 180 160 140 120 100 100 The Total Inventory Inventory & MSI of Properties available for sale as of April 3,000 was Total 1,539, down 0.4% from 1,545 last month and 13.1% The Inventory of Properties available for sale as down of April from 1,772 in April last 1,545 year. last April 2018 and Inventory was at its 3,000 2,500 was 1,539, down 0.4% of from month down 13.1% from 1,772 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 A comparatively lower MSI is more beneficial for sellers while a 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 1,500 0 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 50 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 Inventory & MSI 150 200 Median Sales Price and Average Sales Price 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 18 300 250 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 The Median Sales Price in April was $180,700, up 12.3% from Prices $160,900 in April of 2017 and down 0.3% from $181,250 last The Median Sales Price Sales in April was in $180,700, 12.3% from month. The Average Price April was up $219,141, up 7.8% 300 $160,900 in April in of April 2017 of and down 0.3% from $181,250 from $203,289 2017 and down 14.6% from last $256,714 280 month. The Average Sales Price in April was $219,141, up 7.8% last month. April 2018 ASP was at the highest level compared to 260 from $203,289 in April of 2017 and down 14.6% from $256,714 April of 2017 and 2016. 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 0 95.9% 95.5% 0 100 3 Mo Avg 200 100 Avg Selling Price divided by Avg Listing Price for sold properties during the month 3 Mo Avg 200 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 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 of a Seller's market. The April 2018 Selling Price vs Original 96% List Price of 95.9% was up from 95.8% last month and up from 94% 94.8% in April of last year. -6% 8% 3% -2% 1% 300 300 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 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 48, down 17.2% from 58 last month and down 2.0% from 49 in April of last year. 400 sales were at their highest level compared to April of 2017 and 2016. April YTD sales of 1,627 are running 5.2% ahead of last year's year-to-date sales of 1,546. 5% 5% -8% 4% 9% 8% -6% -17% 8% 1% Number of Properties Sold 245 222 10% $136 1,627 5% 2% $121 82 -8% -19% 3.9 $136 9% 1.0% 95.6% 5% 4% 278 600 April Property sales were 482, up 12.9% from 427 in April of 2017 and 6.6% higher than the 452 sales last month. April 2018 500 Property sales were Sales at their highest level compared to April of 2017 and 600 April Property sales sales were of 482, up 12.9% from 427 in April 2016. April YTD 1,627 are running 5.2% ahead of of last 2017 and 6.6% higher sales than of the 1,546. 452 sales last month. April 2018 500 400 year's year-to-date 3 Mo Avg $173,000 1,627 12% $228,147 15% -13% 82 15% $121 -7% 0% 4% 2% $121 8% 3% 3.2 -7% -14% -23% -19% 3.9 -17% -2% Number of 95.6% Properties 96.0% .2% .4% 1.3% 1.0% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 350 330 310 290 270 250 230 210 190 170 150 April Sale Price vs List Price Ratio April Sold Price per Square Foot Selling Price per Square Foot Selling Price per