FL ARCHIVED February 2018 | Page 46

Agent Name
Title
Phone
Agent
Name
Website
Other
Title
February 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
LM
$324,200
3%
8%
Other
$385,824 Trending
1% versus*: 3%
Month
LM 12%
L3M 6%
PYM 21%
LY
$259,275
$324,200
3% 4% 4%
8% 13%
$291,037
$385,824 894
1% -3%
3% -11%
$259,275 154
12% 16%
6% 21% 12%
11%
$291,037 4%
4%
13%
6%
75 -18% -6% -23%
894 -3%
-11%
$172 -4% -1% 6%
154 16%
12%
$155 1% 2% 7%
75 -18% -6% -23% -16%
5.8 -16% 0% -20%
$172 -4% -1% 6% 6%
94.0% -.9% -.6% .9%
6%
5%
5%
.3%
11%
287
9%
82
$176
15% 5%
-14% 4%
-8%
8%
5%
16%
1%
7%
287
15%
February Sold Price per Square Foot
$154
7%
February Average Days on Market (Solds)
82 -14%
-8%
February Month's Supply of Inventory
6.4 -21%
Asking Price per Square Foot (based on New Listings)
$176
7%
8%
February Sale Price vs List Price Ratio
94.4%
1%
February Sold Price per Square Foot
$155
1%
2%
7%
5%
$154
7%
5%
* 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
5.8 -16% 0% -20% 5%
6.4 -21%
16%
of 94.4%
Properties
February Sale Price vs List Price Ratio
94.0% -.9% -.6% .9% Number
.3%
1% Sold 1%
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
126
Median Sales Price and Average Sales Price
18
3 Mo Avg
140
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
97%
96%
95%
94.2%
94.0%
94%
93.2%
93%
91%
90%
89%
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
10.0
600
8.0
6.0
400
A comparatively lower MSI is more beneficial for sellers while a
4.0
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
while of a 5.8 400
MSI is better
for buyers.
February
2018 MSI
200
higher
MSI
is better
for buyers.
February
2018
MSI of 5.8
2.0
months
was
at its lowest
level The
compared
with
February
of 2017 200
months
was at its lowest level compared with February of 2017
0
and 2016.
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
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
8.0
6.0
4.0
2.0
0.0
600
800
1,000
10.0
1,200
Total Inventory & Month's Supply of 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 248, down 23.5% from 324 last month and
down 1.6% from 252 in February of last year.
Total Inventory & Month's Supply of Inventory (MSI)
1,200
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 94.0% was down from 94.9% last month and up
from 93.2% in February of last year.
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 894, of down
3.1% from
923 for
last sale
month
The
Total Inventory
Properties
available
as of and down
1,200
11.0% from
in February
of last
February
2018
February
was 1,005
894, down
3.1% from
923 year.
last month
and down
1,000
11.0%
from 1,005
last year. with
February
2018 of 2017 1,000
Inventory
was at in a February
mid level of compared
February
800
Inventory
was at a mid level compared with February of 2017
and 2016.
800
and 2016.
46 | c
166
17
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
600
155
350
330
310
290
270
250
230
210
190
170
150
16
The Total Inventory
Inventory
& MSI of Properties available for sale as of
15
Inventory & MSI
3 Mo Avg
144
290
270
250
230
210
190
170
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
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
Prices
The Median Sales Price in February was $259,275, up 21.4%
Prices
from $213,500 in February of 2017 and up 11.5% from
The
Median last
Sales
Price in The
February
was Sales
$259,275,
up February
21.4%
$232,500
month.
Average
Price in
was
350
from
$213,500
February
2017 and
11.5% from
$291,037,
up in
13.3%
from of
$256,773
in up
February
of 2017 and up
330
$232,500
last $278,718
month. The
Price 2018
in February
was
4.4% from
last Average
month. Sales
February
ASP was
at the
310
$291,037,
up 13.3%
from $256,773
in February
of 2017
and up
highest level
compared
to February
of 2017 and
2016.
0
50
200
190
180
170
160
150
140
130
120
110
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
50
100
0
4.4% from $278,718 last month. February 2018 ASP was at the
highest level compared to February of 2017 and 2016.
3 Mo Avg
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 $155 was up
0.8% from $153 last month and up 7.4% from 144 in February of
last year.
150 100
compared to February of 2017 and 2016. February YTD sales of
287 are running 14.8% ahead of last year's year-to-date sales of
250.
Selling Price per Square Foot
Selling Price per Square Foot
250
Number of Properties Sold
40
20
* LM=Last
Month / L3M=Last
3 Months /