FL ARCHIVED February 2018 | Page 168

Market Action Report
Osceola County
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Title Other
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$289,200
4%
16%
Other
$371,212 Trending
4% versus*:
18%
Month
LM
L3M
PYM
LY
$230,000 6% 5% 19%
$289,200
4%
16%
$242,286 2% -1% 6%
$371,212 1,721
4% -6% 18% -21%
$230,000 389
6% 3%
5% 19% -14%
10%
$242,286 2%
-1%
6%
3%
76 -1% -3% -4%
1,721 -6%
-21%
$138 3% 1% 11%
389 3%
-14%
$124 -1% 0% 10%
76 -1% -3% -4% 4%
4.4 -9% 3% -8%
$138 3% 1% 11% 6%
96.1% .2% .4% 1.8%
$124 -1%
4.4 -9%
96.1% .2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
February Month's Supply of Inventory
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
0% 10% 3%
$124
10%
3%
3% -8% 3%
4.6 -13%
8%
of 96.0%
Properties
.4% 1.8% Number
.6%
2% Sold 0%
700
February Property sales were 389, down 13.9% from 452 in
February of 2017 and 3.2% higher than the 377 sales last month. 600
Property
Sales
February 2018
sales were at a mid level compared to February 700
February
Property
were 389,
from
in 7.0%
500
of 2017 and
2016. sales
February
YTD down
sales 13.9%
of 766
are 452
running
February
of 2017
and
3.2% higher sales
than of
the 824.
377 sales last month. 600
behind last
year's
year-to-date
400
February 2018 sales were at a mid level compared to February
521
555
441
416
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
15
16
17
18
124
103
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
97%
97%
96%
96%
95%
95%
94%
94%
93%
93%
92%
96.1%
95.2%
94.4%
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
210 190
2,000
2017 and 2016.
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a 1,000
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 4.4 1,000
MSI is better
for buyers.
February
2018 MSI
500
higher
MSI
is better
for buyers.
February
2018
MSI of 4.4
months
was
at its lowest
level The
compared
with
February
of 2017 500
months
was at its lowest level compared with February of 2017
0
and 2016.
and 2016.
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
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
15
16
17
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
168 | c o l d w e l l b a n k e r h o m e s . c o m
1,500
2,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
2,500
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
3,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
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 February 2018 was 628, down 10.9% from 705 last month and
down 5.4% from 664 in February of last year.
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
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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
The Total Inventory
Inventory
& MSI of Properties available for sale as of
3,000
February
was 1,721,
5.6% available
from 1,824
last month
The
Total Inventory
of down
Properties
for sale
as of and down
20.6% from
2,167 down
in February
of last
year.
2018
February
was 1,721,
5.6% from
1,824
last February
month and
down 3,000 2,500
20.6%
from was
2,167 at in its February
of last
year. February
2018
Inventory
lowest level
compared
with February
of 2,500
2,000
Inventory
at its lowest level compared with February of
2017 and was
2016.
Inventory / New Listings / Sales
Inventory / New Listings / Sales
170 150
190 170
150
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
The Median Sales Price in February was $230,000, up 18.6%
Prices
from $194,003 in February of 2017 and up 6.0% from $217,000 290
The
in February
was in
$230,000,
18.6%
last Median
month. Sales
The Price
Average
Sales Price
February up
was
$242,286,
from
$194,003
February in of February
2017 and of
up 2017
6.0% and
from
up 5.8%
from in
$229,051
up $217,000
1.7% from 290 270
last
month. last
The month.
Average February
Sales Price 2018
in February
was
$238,284
ASP was
at $242,286,
the highest
270 250
up
5.8%
from $229,051
in February
of 2017
and up 1.7% from
level
compared
to February
of 2017
and 2016.
$238,284 last month. February 2018 ASP was at the highest
250 230
Selling Price versus Listing Price Ratio
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 96.1% was up from 95.9% last month and up from
94.4% in February of last year.
Prices
3 Mo Avg
113
0
0
100
level compared to February of 2017 and 2016.
3 Mo Avg
150
140
130
120
110
100
90
80
70
60
50
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
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16
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18
100
200
Selling Price per Square Foot
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 $124 was
down 1.2% from $125 last month and up 9.7% from 113 in
February of last year.
200
300
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
300
400
500
0
3 Mo Avg
Number of Properties Sold
of 2017 and 2016. February YTD sales of 766 are running 7.0%
behind last year's year-to-date sales of 824.
20
February Sold Price per Square Foot
40
February Sale Price vs List Price Ratio
4%
5%
3%
8%
0%
76
60
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
6%
3%
3%
.6%
-7% 5%
-1% 3%
10%
10%
4%
-13%
5%
2%
79
February Average D ays on Market (Solds)
13%
766
7%
76
$136
766
-7%
$124
76
-1%
4.6
$136
10%
96.0%
February Sold Price per Square Foot
$220,000
4% $240,316
81
80
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
7%
100
Total Properties Currently for Sale (Inventory)
$240,316
5%
3%
February Average Days on Market (Solds)
10%
3%
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 76, down 1.3% from
77 days last month and down 3.8% from 79 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
120
February Average Sales Price
Trending versus*:
YTD
Prior YTD 13%
Prior Year
$220,000
Days On Market for Sold Properties
Market Time
February
Sales
Price
February Median
Number
of Properties
Sold
YTD
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Trending versus*:
Prior YTD Prior Year
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List
Price
of
all
Current
February Average Sales Price Listings
Community Information | School District
Average List Price of all Current Listings
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
Trending versus*:
LM L3M PYM
LY
February 2018
Agent Name
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Osceola County
County: Osceola
February 2018
Community Information | School District
Market Action Report
County: Osceola
County: Osceola
February 2018
1,000
500
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
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.
18
c o l dw el l b a n k er h o m es . c o m
| 169
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.