FL ARCHIVED April 2018 | Page 30

Price Range: All | Properties: SFH - Con Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) April Sold Price per Square Foot April Average Days on Market (Solds) 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 $522,389 last month. April 2018 ASP was at the highest level compared to April of 2017 and 2016. 300 250 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 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 2.7 a 50 higher MSI is better for buyers. The April 2018 MSI of 2.7 months was at its lowest level compared with April of 2017 and months was at its lowest level compared with April of 2017 and 2016. 0 2016. 50 0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 0 100 100 150 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) The Total Inventory Inventory & MSI of Properties available for sale as of April 200 The of Properties available for sale as from of April was Total 144, Inventory equal to 144 last month and down 19.1% 178 in was 144, to 144 April last month and down was 19.1% 178 in level 200 April of equal last year. 2018 Inventory at from its lowest April of last year. April of 2018 Inventory was at its lowest level compared with April 2017 and 2016. 150 compared with April of 2017 and 2016. 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 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 Inventory & MSI 250 100 350 300 Inventory / New Listings / Sales 200 500 450 400 350 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 18 300 500 450 400 90% Inventory / New Listings / Sales 550 91% 550 3 Mo Avg 600 92% Median Sales Price and Average Sales Price 650 93% 700 94% 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 Median Sales Price and Average Sales Price 18 3 Mo Avg 15 16 17 95% Prices The Median Sales Price in April was $410,000, up 24.2% from Prices $330,000 in April of 2017 and up 18.2% from $347,000 last The Median Sales Price Sales in April was in $410,000, 24.2% from month. The Average Price April was up $508,864, up 700 $330,000 in April of 2017 and up of 18.2% $347,000 13.7% from $447,494 in April 2017 from and down 2.6% last from month. The last Average Sales Price 2018 in April up level 650 $522,389 month. April ASP was was $508,864, at the highest 600 13.7% from $447,494 April and of 2017 and down 2.6% from compared to April of in 2017 2016. 95.0% 94.6% 95.5% 96% 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 10 3 Mo Avg Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month 10 20 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 20 97% This last view of the market combines monthly inventory of 700 Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well 600 as the relationship between these items. The number of New Listings in April 2018 was 190, down 14.8% from 223 last month 500 and down 8.2% from 207 in April of last year. 400 30 30 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 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 95.0% was up from 94.8% last month and up from 94.6% i n April of last year. 40 3 Mo Avg 40 were at their highest level compared to April of 2017 and 2016. April YTD sales of 151 are running 26.9% ahead of last year's year-to-date sales of 119. 3 Mo Avg Number of Properties Sold 50 148 137 7% 8% 6% -19% -0% 60 158 April Property sales were 53, up 55.9% from 34 in April of 2017 and 43.2% higher than the 37 sales last month. April 2018 sales Property Sales were at their highest level compared to April of 2017 and 2016. 60 April sales 53, running up 55.9% 26.9% from 34 in April of 2017 April Property YTD sales of were 151 are ahead of last year's and 43.2% higher than the 37 sales last month. April 2018 sales 50 year-to-date sales of 119. 16% 27% 16% 14% 16% 19% 7% -33% 8% -0% 6% 2.7 -30% -22% -48% -49% 4.3 -33% -19% of 93.1% Properties 93.1% -.1% .0% -2.3% Number -.2% -0% Sold -0% April Month's Supply of Inventory 200 190 180 170 160 150 140 130 120 110 100 April Sold Sale Price Price per vs Square List Price April Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 3 Mo Avg 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 15 16 17 18 April Number of Properties Sold 0 10 Asking Price per Square Foot (based on New Listings) Total Properties Currently for Sale (Inventory) 24% 151 26% -4% 79 10% $372 151 27% 4% $364 79 14% -49% $372 4.3 16% -.2% $364 93.1% 19% 20 $410,000 $534,745 40 30 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 $158 was up 4.9% from $151 last month and up 7.1% from 148 in April of last year. Average List Price of all Current Listings Trending versus*: Prior YTD 24% Prior Year 16% 16% YTD $410,000 11% $534,745 26% 16% 53 50 55 60 Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Trending versus*: Prior YTD Prior Year YTD 70 Trending versus*: L3M PYM LY -0% 21% $734,931 Trending 0% versus*: 8% Month LM 18% L3M 0% PYM 24% LY $410,000 $479,700 -0% -3% -5% 21% 14% $508,864 $734,931 144 0% 0% 8% -19% $410,000 18% 0% 24% 16% 53 43% 56% $508,864 -3% -5% 14% 11% 71 -10% -10% 29% 144 0% -19% $377 7% 1% 16% 53 43% 56% $358 6% -2% 20% 71 -10% -10% 29% -4% $377 2.7 7% -30% 1% -22% 16% -48% 10% 93.1% -.1% .0% $358 6% -2% 20% -2.3% 4% Average List Price of all Current Listings 80 LM 93 90 100 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 53, up 3.9% from 51 days last month and down 43.0% from 93 days in April of last year. The April 2018 DOM was at its lowest level compared with April of 2017 and 2016. Phone Month Website $479,700 Other Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con Market Time 3 Mo Avg Days On Market for Sold Properties April 2018 Community Information | School District City: St Pete Beach Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Agent Name Community Information | School District St. Pete Beach Market Action Report Title Phone Website Other April 2018 City: St Pete Beach Agent Name Palm Harbor Market Action Report City: Palm Harbor April 2018 Market Action Report 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 M J J A Area S O N of D J F M A M J J A S of O N D Pensacola J F M Association A M J J A S and O N not D J F M A 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 M Association, J J A Navarre S O N D Board J F REALTORS, M A M Emerald J J Coast A S Association O N D REALTORS, J F M A M J J A S of O REALTORS N D J F may M 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. 30 | c o l d w e l l b a n k e r h o m e s . c o m 15 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 16 17 17 18 c o l dw el l b a n k er h o m es . c o m 18 | 31 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.