FL ARCHIVED April 2018 | Page 60

Osprey Agent Name Title Phone Agent Name Website Other Title April 2018 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Trending versus*: LM L3M PYM LY $570,000 -1% 3% Other $910,039 Trending -1% versus*: 7% Month LM -9% L3M -11% PYM -2% LY $416,000 $570,000 -1% -9% -3% 3% 11% $533,244 $910,039 184 -1% -8% 7% -14% $416,000 -9% -11% -2% 0% 31 -14% -24% $533,244 -9% -3% 11% 11% 97 -14% 1% 31% 184 -8% -14% $205 -17% -15% 3% 31 -14% -24% $208 -7% -5% 11% 97 -14% 1% 31% -17% 5.9 7% -8% 14% $205 -17% -15% 3% -13% 93.0% .2% -.7% -.6% $208 -7% -5% 11% 5% $219 17% 11% 5.9 7% -8% 14% -39% 6.3 -51% -35% of 93.6% Properties 93.0% .2% -.7% -.6% Number .9% 1% Sold 2% * 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 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 20 9 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 3 Mo Avg 98% 96% 88% 550 500 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 A comparatively lower MSI is more beneficial for sellers while 100 a A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2018 MSI while of 5.9 a higher MSI is better for level buyers. The April 2018 MSI of of 2017 5.9 and 50 months was at a mid compared with April months 2016. was at a mid level compared with April of 2017 and 0 2016. 60 | c 150 100 50 0 30.0 25.0 20.0 15.0 10.0 5.0 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 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 Real Estate / Coldwell Banker United, Realtors | Range: Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Coldwell Realtors All | Property Types: SFH - Con o l d Residential w e l Real l b Estate a n / k e r Banker h o United, mes c o | Price m 25.0 20.0 15.0 10.0 5.0 0.0 100 150 30.0 Total Inventory & Month's Supply of Inventory (MSI) 200 18 150 17 250 250 16 Total Inventory & Month's Supply of Inventory (MSI) 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 36, down 20.0% from 45 last month and up 28.6% from 28 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 The Total Inventory Inventory & MSI of Properties available for sale as of April Inventory / New Listings / Sales Inventory / New Listings / Sales 350 300 400 350 was Total 184, Inventory down 7.5% 199 last month for and down The of from Properties available sale as of 14.0% April from 250 214 184, in April last from year. 199 April Inventory at a from mid level was down of 7.5% last 2018 month and down was 14.0% 200 214 in April of last April year. of April was at a mid level compared with 2017 2018 and Inventory 2016. 200 compared with April of 2017 and 2016. 88.8% 84% 450 400 15 93.0% 92% 90% 500 450 93.6% 94% 650 Median Sales Price and Average Sales Price 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 700 Selling Price versus Listing Price Ratio 550 Inventory & MSI 188 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 93.0% was up from 92.8% last month and down from 93.6% in April of last year. 600 300 208 $585,299 last month. April 2018 ASP was at a mid range compared to April of 2017 and 2016. 3 Mo Avg 198 The Median Sales Price in April was $416,000, down 2.1% from Prices $425,000 in April of 2017 and down 9.1% from $457,500 last The Median Sales Price Sales in April was in $416,000, 2.1% from month. The Average Price April was down $533,244, up 700 $425,000 in April of 2017 and down 9.1% from $457,500 last 11.3% from $479,143 in April of 2017 and down 8.9% from 650 month. The last Average Sales Price in April up $585,299 month. April 2018 ASP was was $533,244, at a mid range 11.3% from $479,143 in 2017 April and of 2017 and down 8.9% from compared to April of 2016. 600 250 240 230 220 210 200 190 180 170 160 150 Prices 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 5 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 $208 was down 6.8% from $223 last month and up 10.8% from 188 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 15 16 17 18 5 10 15 20 20 25 25 Selling Price per Square Foot Selling Price per Square Foot 30 30 10 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 35 35 15 0 3 Mo Avg Number of Properties Sold 40 sales were at a mid level compared to April of 2017 and 2016. April YTD sales of 126 are running 35.5% ahead of last year's year-to-date sales of 93. 50 45 April Property sales were 31, down 24.4% from 41 in April of 2017 and 13.9% lower than the 36 sales last month. April 2018 Property sales were Sales at a mid level compared to April of 2017 and 2016. 45 April sales 31, running down 24.4% from 41 in of April April Property YTD sales of were 126 are 35.5% ahead last of year's 40 2017 and 13.9% sales lower year-to-date of than 93. the 36 sales last month. April 2018 74 April Sale Price vs List Price Ratio April Sold Price per Square Foot -18% 2% 11% -35% 2% 97 100 Asking Price per Square Foot (based on New Listings) 35% 12% -4% 14% -2% 17% -18% -51% 2% 1% April Month's Supply of Inventory 11% 126 23% 96 -13% $240 126 35% 5% $219 96 -4% -39% 6.3 $240 -2% .9% 93.6% 150 April Sold Price per Square Foot April Average Days on Market (Solds) $465,000 $548,028 -17% 186 200 April Number of Properties Sold Trending versus*: Prior YTD 11% Prior Year 12% 0% YTD $465,000 11% $548,028 23% 14% 3 Mo Avg 250 Asking Price per Square Foot (based on New Listings) 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 97, down 14.2% from 113 days last month and up 31.1% from 74 days in April of last year. The April 2018 DOM was at a mid level compared with April of 2017 and 2016. April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Market Time April Average Sales Price Days On Market for Sold Properties Trending versus*: Prior YTD Prior Year YTD April Sales Price April Median Number of Properties Sold Community Information | School District Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Title Phone Website Other Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Agent Name Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con April 2018 Osprey City: Osprey Price Range: All | Properties: SFH - Con Market Action Report Market Action Report City: Osprey City: Osprey April 2018 Market Action Report 50 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 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 dw el l b a n k er h o m es . c o m | 61 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.