FL ARCHIVED December 2017 | Page 44

Market Action Report December 2017
Community Information | School District
Market Action Report December 2017

County : Charlotte

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 275,000
2 %
6 %
Average List Price of all Current Listings
$ 351,548
2 %
6 %
December Median Sales Price
$ 209,900
5 %
4 %
16 %
14 %
$ 199,900
9 %
9 %
December Average Sales Price
$ 238,982
7 %
2 %
11 %
11 %
$ 233,629
9 %
9 %
Total Properties Currently for Sale ( Inventory )
1,950
1 %
-13%
December Number of Properties Sold
469
25 %
22 %
5,285
2 %
December Average Days on Market ( Solds )
74
3 %
-6%
4 %
-1%
80
5 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 160
5 %
5 %
10 %
14 %
$ 147
6 %
5 %
December Sold Price per Square Foot
$ 137
4 %
2 %
9 %
11 %
$ 133
8 %
8 %
December Month ' s Supply of Inventory
4.2 -20% -14% -28% -15%
4.8
-2%
-2%
December Sale Price vs List Price Ratio
95.2 %
. 8 %
1.0 % 1.1 % 1.2 %
93.9 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700 December Property sales were 469 , up 21.5 % from 386 in
December of 2016 and 25.4 % higher than the 374 sales last 600 Property month . December Sales 2017 sales were at their highest level 700
December compared Property to December sales were of 2016 469 , and up 21.5 2015 %. from December 386 in YTD sales 500 December of 5,285 are of 2016 running and 25.4 2.1 % ahead higher of than last the year 374 ' s year-to-date sales last sales 600 month of 5,176 . December . 2017 sales were at their highest level
400 compared to December of 2016 and 2015 . December YTD sales 500 of 5,285 are running 2.1 % ahead of last year ' s year-to-date sales 300 of 5,176 .
400 200
300 100
200

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
0
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
0
15
16
17
Prices
The Median Sales Price in December was $ 209,900 , up 15.6 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 181,600 in December of 2016 and up 5.0 % from
The
$ 200,000 Median last Sales month Price . in The December Average was Sales $ 209,900 Price in , up December 15.6 % from was $ 181,600 238,982 in , up December 10.9 % from of 2016 $ 215,398 and up in 5.0 December % from of 2016
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ and 200,000 up 7.4 last % month from $ . 222,566 The Average last month Sales Price . December in December 2017 ASP was $ 238,982 , up 10.9 % from $ 215,398 in of 2016
220 was at the highest level compared to December of 2016 and and
2015 up . 7.4 % from $ 222,566 last month . December 2017 ASP
200
200
180
was at the highest level compared to December of 2016 and
2015 .
180
160
160
140
140 120
326 416 544 575 521
326 416 544 575 521 480 483 402 442 442 331 444 317 380 430 530 508 517 456 452 426 389 385 386 332 392 544 486 559 503 450 455 359 362 374 469
120
100
100
J
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
15
16
17
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
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 1,950 of , Properties up 0.6 % from available 1,939 for last sale month as of and down
3,000
December
12.6 % from was 2,232 1,950 in , up December 0.6 % from of 1,939 last year last . month December and down 2017
3,000
2,500
12.6
Inventory % from 2,232 was at in a December mid level compared of last year . with December 2017 of
20162,500
Inventory and 2015 was . at a mid level compared with December of 2016
2,000 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The December 2017 MSI of 4.2
500
2.0 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 4.2 of
2016500 months was at its lowest level compared with December of 2016
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
15
16
17
15
16
17
2,402 2,335 2,226 2,089
2,402 2,335 2,226 2,089 1,902 1,778 1,712
480
1,902
1,778 483 402 442
1,712 1,642 1,634
442
1,642 1,634 1,703 1,816 1,918
331
Number of Properties Sold
444 317
2,114 2,233 1,918 2,269 2,115
1,703 1,816
2,114 380 430
2,233 2,269
530 508 517
2,115 1,988 1,914
456
1,988 1,914 1,849 1,820 1,842
1,983 1,849
1,820 2,175
452 426
2,232 2,399
1,842
1,983 389 385 386 332 392
2,399 2,439 2,357 544 486
2,234 2,096
2,439 2,175
2,357 2,232 2,234 2,096 1,992 1,836 1,759
559 503
1,992 1,836
3 Mo Avg
450
1,742 1,842 1,939 1,950
455
1,759 1,742
359
3 Mo Avg
362 374
1,842 1,939 1,950
469
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
44 | c o l d w e l l b a n k e r h o m e s . c o m
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 Assoc 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 .