FL ARCHIVED April 2018 | Page 190

Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings 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 88% compared to 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 18 300 200 Inventory & MSI 3 Mo Avg 500 400 200 Median Sales Price and Average Sales Price 400 300 Inventory / New Listings / Sales 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 The Total Inventory Inventory & MSI of Properties available for sale as of April 200 was Total 129, Inventory up 4.0% from 124 last available month and The of Properties for up sale 6.6% as of from April 121 in 200 April of up last year. April Inventory was 6.6% at a from mid level was 129, 4.0% from 124 2018 last month and up 121 in April of last year. April of 2018 Inventory was at a mid level compared with April 2017 and 2016. 150 compared with April of 2017 and 2016. 150 100 A comparatively lower MSI is more beneficial for sellers while 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 M J J A S O N D J F M edian 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 86% Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 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 The Median Sales Price in April was $575,000, up 10.6% from 800 Prices $520,000 in April of 2017 and up 11.2% from $517,000 last The Median Sales Price Sales in April was in $575,000, 10.6% from month. The Average Price April was up $660,121, up 800 700 $520,000 in April of 2017 $517,000 28.5% from $513,632 in and April up of 11.2% 2017 from and down 8.7% last from month. The Average Sales Price in April was $660,121, up $723,354 last month. April 2018 ASP was at the highest level 700 600 28.5% from $513,632 April and of 2017 and down 8.7% from compared to April of in 2017 2016. $723,354 last month. April 2018 ASP was at the highest level 600 500 90% Inventory / New Listings / Sales 0 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 7.6 a 50 higher MSI is better for buyers. April 2018 MSI of 7.6 months was at its highest level The compared with April of 2017 and months 2016. was at its highest level compared with April of 2017 and 0 2016. Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 95.9% 94.7% 94.4% 0 5 5 10 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 15 10 20 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 20 15 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 The Selling Price vs Original Listing Price reveals the average 98% amount 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 96% of a Seller's market. The April 2018 Selling Price vs Original 94% List Price of 95.9% was up from 95.7% last month and up from 94.7% in April of last year. 92% 25 3 Mo Avg 25 sales were at their lowest level compared to April of 2017 and 2016. April YTD sales of 75 are running 21.9% behind last year's year-to-date sales of 96. 3 Mo Avg Number of Properties Sold 30 99 96 2% 7% 14% 7% 1% 35 106 April Property sales were 17, down 32.0% from 25 in April of 2017 and 32.0% lower than the 25 sales last month. April 2018 Property sales were Sales at their lowest level compared to April of 2017 and 35 April Property sales sales were of 17, 75 down 32.0% from 25 in April of 2016. April YTD are running 21.9% behind last year's 2017 and 32.0% lower 30 year-to-date sales of than 96. the 25 sales last month. April 2018 3 Mo Avg 32% 75 34% 132 $379 -4% 2% 15% 16% $373 21% 14% 7.6 53% 8% 57% 20% 6.8 26% 7% Number of 95.2% Properties 95.7% .0% .6% 2.2% 1.7% 2% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 150 140 130 120 110 100 90 80 70 60 50 April Sale Price vs List Price Ratio April Sold Price per Square Foot Selling Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) -22% 24% -15% 19% 14% $376 11% 75 -22% 16% $373 21% 132 -15% 2% 20% 6.8 26% $376 11% 7% 1.7% 95.2% 2% 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 $562,000 $672,477 40% 0 Trending versus*: Prior YTD 32% Prior Year 24% 26% YTD $562,000 17% $672,477 34% 19% 20 Trending versus*: Prior YTD Prior Year YTD 67 Trending versus*: L3M PYM LY $699,900 0% 18% Other $815,530 Trending -1% versus*: 11% Month LM 11% L3M 2% PYM 11% LY $575,000 $699,900 0% -9% -2% 18% 29% $660,121 $815,530 129 -1% 4% 11% 7% $575,000 11% 2% 11% -32% 26% 17 -32% $660,121 180 -9% 62% -2% 36% 29% 25% 17% 129 4% 7% $399 10% 6% 21% 17 -32% -32% $379 -4% 2% 15% 180 62% 36% 25% 40% 7.6 53% 8% 57% $399 10% 6% 21% 14% 95.7% .0% .6% 2.2% Average List Price of all Current Listings 72 LM 3 Mo Avg 89 Selling Price per Square Foot April 2018 Community Information | School District Price Range: All | Properties: SFH - Con Market Time 120 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 100 trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a 80 Seller's market. The DOM for April was 67, down 23.9% from 88 days last month and down 6.9% from 72 days in April of last year. The April 2018 DOM was at its lowest level compared with 60 April of 2017 and 2016. 40 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 Title Phone Agent Name Website Title Other City: Pensacola Beach Days On Market for Sold Properties 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 559, up 9.2% from 512 last month and up 19.4% from 468 in April of last year. Agent Name Community Information | School District 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 $106 was down 4.5% from $111 last month and up 6.9% from 99 in April of last year. Pensacola Beach Market Action Report Title Phone Website Other Price Range: All | Properties: SFH - Con City: Pensacola Beach Agent Name April 2018 Pensacola Market Action Report City: Pensacola April 2018 Market Action Report 100 50 0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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 15 16 17 18 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 Board M Association, J J A Navarre S O Area N D J of F REALTORS, M A M Emerald J J Coast A S Association O N D of REALTORS, J F M A Pensacola M J Association J A S of O REALTORS N D J and F may M not A reflect all relevant real estate 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. 190 | 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 | 191 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 Ass 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.