FL ARCHIVED February 2018 | Page 138

Price Range: All | Properties: SFH - Con
February 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
98%
96%
93.8%
94%
92%
93.5%
89.4%
90%
88%
86%
84%
Prices
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
17
18
Median Sales Price and Average Sales Price
3 Mo A vg
170 150
16
230 210
150
250
200
15
190 170
300
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 71, down 17.4% from 86 last month and
down 4.1% from 74 in February of last year.
3 Mo Avg
210 190
Inventory / New Listings / Sales
Inventory / New Listings / Sales
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
M A M J J A S O N D
J F M A Sales
M J J Price
A S O and
N D Average
J F M A Sales
M J J Price
A S O N D J F
Median
3 Mo Avg
The Median Sales Price in February was $240,000, up 3.8%
Prices
from $231,250 in February of 2017 and up 6.7% from $225,000 290
The
in February
was in
$240,000,
3.8%
last Median
month. Sales
The Price
Average
Sales Price
February up
was
$277,114,
270
from
$231,250
February of
and up
6.7% from
$225,000
up 13.4%
from in $244,427
in 2017
February
of 2017
and up
5.4% from
290
last
month. last
The month.
Average February
Sales Price 2018
in February
was
$262,833
ASP was
at $277,114,
the highest
270 250
up
13.4%
from $244,427
in February
2017
and up 5.4% from
level
compared
to February
of 2017 of and
2016.
$262,833 last month. February 2018 ASP was at the highest
250 230
level compared to February of 2017 and 2016.
82%
0
0
50
50
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
43%
7%
3%
12%
-1%
100
100
3 Mo Avg
5% 3%
18% 5%
10%
6%
43%
-5%
7%
-0%
150
Selling Price versus Listing Price Ratio
200
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 vs Original Listings Price
250
compared to February of 2017 and 2016. February YTD sales of
376 are running 4.7% ahead of last year's year-to-date sales of
359.
3%
5%
Number of Properties Sold
172
350
February Property sales were 210, up 19.3% from 176 in
February of 2017 and 26.5% higher than the 166 sales last
300
Property
Sales 2018 sales were at their highest level
month. February
350
February
Property
sales were
210, and
up 19.3%
176 in YTD sales of 250
compared
to February
of 2017
2016. from
February
February
of 2017 and
26.5%
higher
than
the 166
sales last sales of 300
376 are running
4.7%
ahead
of last
year's
year-to-date
200
month.
359. February 2018 sales were at their highest level
205
199
8%
$137 3% 0% 8% 4%
$136
6%
3%
2.7 -22% -8% -16% -2%
3.1
-5%
12%
of 94.7%
Properties
95.0% .6% .0% .2% Number
-.5%
-0% Sold -1%
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
250
240
230
220
210
200
190
180
170
160
150
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
February Average Days on Market (Solds)
February Sold Price per Square Foot
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
February Number of Properties Sold
0
6%
4%
-2%
-.5%
Asking Price per Square Foot (based on New Listings)
6%
376
8%
66
$152
376
5%
$136
66
18%
3.1
$152
10%
94.7%
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
$235,000
$270,809
39%
February Average Sales Price
February
Sales
Price
February Median
Number
of Properties
Sold
$270,809
48
60
Trending versus*:
YTD
Prior YTD 6%
Prior Year
$235,000
5%
7%
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
57
Trending versus*:
Prior YTD Prior Year
YTD
78
80
100
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List
Price
of
all
Current
February Average Sales Price Listings
20
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 93.5% was down from 94.3% last month and down
from 93.8% in February of last year.
$307,450
6%
14%
Other
$350,077 Trending
5% versus*: 1%
Month
LM 7%
L3M 0%
PYM 4%
LY
$240,000
$307,450
6%
14%
$277,114 5% 1% 13%
$350,077 564
5% -1%
1% -0%
$240,000 210
7% 27%
0% 4% 19%
5%
$277,114 5%
1%
13%
7%
64 -7% 10% 8%
564 -1%
-0%
$151 -1% 1% 11%
210 27%
19%
$137 3% 0% 8%
64 -7% 10% 8% 39%
2.7 -22% -8% -16%
$151 -1% 1% 11% 6%
95.0% .6% .0% .2%
Average List Price of all Current Listings
120
Trending versus*:
L3M PYM
LY
140
LM
160
40
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 $205 was
down 4.6% from $215 last month and up 3.2% from 199 in
February of last year.
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market Time
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 February was 48, down 38.5%
from 78 days last month and down 38.5% from 78 days in
February of last year. The February 2018 DOM was at its lowest
level compared with February of 2017 and 2016.
3 Mo Avg
Days On Market for Sold Properties
February 2018
Community Information | School District
City: Melbourne
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Melbourne
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Melbourne
February 2018
Agent N ame
Cocoa Beach
Market Action Report
City: Cocoa Beach
February 2018
Market Action Report
Inventory & MSI
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
18
M A 15
M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J A S O N D J F
15
16
17
18
Total Inventory & Month's Supply of Inventory (MSI)
15
138 | c o l d w e l l b a n k e r h o m e s . c o m
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
c o l dw el l b a n k er h o m es . c o m
16
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of
150
800
4.5
February
was 564, of down
1.2% from
571 last
month
The
Total Inventory
Properties
available
for sale
as of and down
4.0
800
4.5
700
0.2% from
February
of last 571
year.
February
was 565
564, in down
1.2% from
last February
month and 2018
down
100
4.0
3.5
0.2%
from 565
of level
last year.
February
Inventory
was in at February
its lowest
compared
with 2018
February of 700 600
3.5
3.0
Inventory
at its lowest level compared with February of
600 500
2017 and was
2016.
50
3.0
2.5
2017 and 2016.
500 400
2.5
2.0
0
400 300
2.0
1.5
A comparatively lower MSI is more beneficial for sellers while 300
a
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
1.5
200
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 2.7
1.0
15
16
17
18
MSI is better
for buyers.
February
2018 MSI
200
1.0
higher
MSI
is better
for buyers.
The
February
2018
MSI of 2.7
100
0.5
months
was
at
its
lowest
level
compared
with
February
of
2017
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
100
0.5
months
was at its lowest level compared with February of 2017
0
0.0
and 2016.
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
Association,
Navarre
Area
Board
of
REALTORS,
Emerald
Coast
Association
of
REALTORS,
Pensacola
Association
of
REALTORS
and
may
not
reflect
all
relevant
real
estate
activity.
0
0.0
and 2016.
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
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.
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
C
18
| 139
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.