FL ARCHIVED February 2018 | Page 44

Market Action Report
Charlotte County
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Other
Title
Phone
Month
Website
LM
Trending versus*:
L3M PYM
LY
$139 3% 2% 6% 4%
$137
7%
3%
5.1 -21% -3% -18% 7%
5.8 -14%
21%
of 94.2%
Properties
93.6% -1.4% -1.0% .0% Number
-.3%
0% Sold 0%
* 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
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
3 Mo Avg
700
February Property sales were 425, up 8.4% from 392 in
February of 2017 and 25.4% higher than the 339 sales last
600
Property
Sales 2018 sales were at their highest level
month. February
700
February
Property
sales were
425, and
up 8.4%
392 in YTD sales of 500
compared
to February
of 2017
2016. from
February
February
of 2017 and
25.4%
higher
than
the 339
sales last sales of 600
764 are running
5.5%
ahead
of last
year's
year-to-date
400
month.
724. February 2018 sales were at their highest level
Median Sales Price and Average Sales Price
385
17
18
3 Mo Avg
95%
93.9%
94%
93.6%
93.6%
93%
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
Inventory / New Listings / Sales
1,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 5.1 1,000
MSI is better
for buyers.
February
2018 MSI
500
higher
MSI
is better
for buyers.
February
2018
MSI of 5.1
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.
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
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
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
3,000
1,000
1,500
2,000
2,500
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
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 704, down 14.3% from 821 last month and
up 3.4% from 681 in February of last year.
Total Inventory & Month's Supply of Inventory (MSI)
A comparatively lower MSI is more beneficial for sellers while a
96%
90%
1,500
1,500
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3,000
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 93.6% was down from 94.9% last month and equal
to 93.6% in February of last year.
91%
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of
117
92%
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
February
was 2,180,
down 0.6% available
from 2,194
last as
month
and
The
Total Inventory
of Properties
for sale
of
3,000
down 10.7%
from 2,441
February
of last
February
2018
February
was 2,180,
down in
0.6%
from 2,194
last year.
month
and
2,500
down
10.7% was
from at 2,441
in February
of last year.
February
2018
Inventory
its lowest
level compared
with
February
of 2,500
2,000
Inventory
at its lowest level compared with February of
2017 and was
2016.
2,000
2017 and 2016.
44 | c
517
16
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
Inventory & MSI
131
220
210
200
190
180
170
160
150
15
250
240
230
220
210
200
190
180
170
160
150
$230,485 last month. February 2018 ASP was at the highest
level compared to February of 2017 and 2016.
3 Mo Avg
139
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
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
Median Sales Price and Average Sales Price
3 Mo Avg
0
The Median Sales Price in February was $208,000, up 12.1%
Prices
from $185,500 in February of 2017 and up 6.7% from $195,000
The
in February
was in
$208,000,
12.1%
last Median
month. Sales
The Price
Average
Sales Price
February up
was
$245,490,
250
from
$185,500
in $222,761
February in
of February
2017 and up
6.7% and
from up
$195,000
up 10.2%
from
of 2017
6.5% from
240
last
month. last
The month.
Average February
Sales Price 2018
in February
was
$230,485
ASP was
at $245,490,
the highest
230
up
10.2%
from $222,761
in February
2017
and up 6.5% from
level
co mpared
to February
of 2017 of and
2016.
0
100
150
145
140
135
130
125
120
115
110
105
100
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
100
200
200
300
3 Mo Avg
300
400
500
compared to February of 2017 and 2016. February YTD sales of
764 are running 5.5% ahead of last year's year-to-date sales of
724.
Number of Properties Sold
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 $139 was up
2.8% from $135 last month and up 6.3% from 131 in February of
last year.
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
20
Asking Price per Square Foot (based on New Listings)
40
February Month's Supply of Inventory
60
February Sold Price per Square Foot
February Average Days on Market (Solds)
76
69
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
-5%
8%
3%
21%
0%
81
80
Total Properties Currently for Sale (Inventory)
0%
2%
100
February Average Days on Market (Solds)
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 6.2% from 81 days in February of
last year. The February 2018 DOM was at a mid level compared
with February of 2017 and 2016.
3 Mo Avg
120
February Average Sales Price
Market Time
February
Sales
Price
February Median
Number
of Properties
Sold
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
Community Information | School District
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
List Average
Price of Sales
all Current
February
Price Listings
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
$279,900
2%
8%
Other
$347,094 Trending
1% versus*: 4%
Trending versus*:
Month
LM 7%
L3M 3%
PYM 12%
LY
Prior YTD 8%
Prior Year
$208,000
4% YTD
$200,000
$279,900
2% 7% 4%
8% 10% 5%
$245,490
$238,832
9%
$347,094 2,180
1% -1%
4% -11%
$208,000 425
7% 25%
3% 12% 8%
4%
$200,000
8%
764
6% 0%
$245,490 7%
4%
10%
5%
$238,832
9%
76 -1% 1% -6% -5%
76
1% 2%
2,180 -1%
-11%
$154 -6% -2% 6% 4%
$160
7%
425 25%
8%
764
6%
$139 3% 2% 6% 4%
$137
7%
76 -1% 1% -6% -5%
76
1%
-5%
5.1 -21% -3% -18% 7%
5.8 -14%
$154 -6% -2% 6% 4%
$160
7%
8%
93.6% -1.4% -1.0% .0% -.3%
94.2%
0%
Average List Price of all Current Listings
Agent Name
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
February 2018
Charlotte County
County: Charlotte
February 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Market Action Report
County: Charlotte
County: Charlotte
February 2018
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.
c o l dw el l b a n k er h o m es . c o m
| 45
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.