FL ARCHIVED February 2018 | Page 112

Community Information | School District
Market Action Report February 2018

City : Englewood 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 February was 91 , up 24.7 % from 73 days last month and up 16.7 % from 78 days in February of last year . The February 2018 DOM was at a mid level compared with 60 February of 2017 and 2016 .
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Englewood

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Community Information | School District

20
Days On Market for Sold Properties
91 78
3 Mo Avg
91
Selling Price per Square Foot 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 February 2018 Selling Price per Square Foot of $ 174 was up 0.1 % from $ 173 last month and up 7.7 % from 161 in February of last year .
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 February 2018 Selling Price vs Original List Price of 93.6 % was down from 94.2 % last month and down from 94.2 % in February of last year .
Inventory / New Listings / Sales 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 February 2018 was 116 , down 26.1 % from 157 last month and down 15.3 % from 137 in February of last year .
0
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
500 450 400 350 300 250 200 150 100 50 0
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
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
150
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
15
16
17
18
Selling Price versus Listing Price Ratio
92.9 %
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
15
16
17
18
Inventory / New Listings / Sales
459 432
396
354 318 309 319
Avg Selling Price divided by Avg Listing Price for sold properties during the month
353 368 375
403 461 450
404 376
342 317 301 311 330 333 346
383
161
94.2 %
427
435 393 376 358 345 340 338
374
3 Mo Avg
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
15
16
17
18
416 431 443
174
93.6 %
431
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 REALTORS 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 d w e l l b a n k e r h o m e s . c o m | 57 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may