FL ARCHIVED January 2018 | Page 56

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Englewood

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 289,450
3 %
-3%
Average List Price of all Current Listings
$ 449,079
-0%
-11%
January Median Sales Price
$ 250,000
14 %
12 %
5 %
14 %
$ 250,000
5 %
14 %
January Average Sales Price
$ 276,789
-2%
5 %
-7%
-1%
$ 276,789
-7%
-1%
Total Properties Currently for Sale ( Inventory )
434
1 %
13 %
January Number of Properties Sold
73
6 %
7 %
73
7 %
January Average Days on Market ( Solds )
73
-8%
7 %
-13%
-4%
73
-13%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 191
-5%
-1%
1 %
1 %
$ 191
1 %
1 %
January Sold Price per Square Foot
$ 173
5 %
6 %
-1%
6 %
$ 173
-1%
5 %
January Month ' s Supply of Inventory
5.9
-4%
-5%
6 %
14 %
5.9
6 %
14 %
January Sale Price vs List Price Ratio
94.2 %
1.0 % -. 4 %
. 5 %
. 9 %
94.2 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
140
January Property sales were 73 , up 7.4 % from 68 in January of
2017 and 5.8 % higher than the 69 sales last month . January
120
Property
2018 sales Sales were at their highest level compared to January of
140
January
2017 and Property 2016 . sales January were YTD 73 , up sales 7.4 % of from 73 are 68 running January 7.4 % of ahead
100
2017 of last and year 5.8 '% s year-to-date higher than the sales 69 of sales 68 . last month . January
2018 sales were at their highest level compared to January of
120
80
2017 and 2016 . January YTD sales of 73 are running 7.4 % ahead
100
of last year ' s year-to-date sales of 68 .
60
80
40
60
40
20

Englewood

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
92 124 107 120 96 87 85 89 78 62 85 64 63 97 104 95 96 73 78 76 77 59 79 68 67 89 91 94 101 84 83 51 64 62 69 73
502 459
92
502 124 107 120 96 87 85 89 78 62 85
Number of Properties Sold
20
0
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 250,000 , up 5.3 % from
Prices
$ 237,450 in January of 2017 and up 13.6 % from $ 220,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 250,000 was , up $ 276,789 5.3 % from , down
350
$
7.3 237,450 % from in January $ 298,719 of in 2017 January and up of 13.6 2017 % and from down $ 220,000 2.0 % last from month . The Average Sales Price in January $ 276,789 , down
330
$ 282,535 last month . January 2018 ASP was at a mid range
7.3 % from $ 298,719 in January of 2017 and down 2.0 % from
310 compared to January of 2017 and 2016 .
$ 282,535 last month . January 2018 ASP was at a mid range
290 compared to January of 2017 and 2016 .
270
250
230
210
190
170
150
F
M A M J
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
18
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
15 A 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
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 434 , up of Properties 1.2 % from available 429 last for month sale as and of up 13.3 %
January from 383 was in 434 January , up 1.2 of % last from year 429 . last January month 2018 and Inventory up 13.3 % was
600 at from its highest 383 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was . at
500 its highest level compared with January of 2017 and 2016 .
400
600
500
400
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
8.0
7.0
6.0
5.0
4.0
300
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
200 higher MSI is better for buyers . The January 2018 MSI of 5.9 higher months MSI was is better at a mid for level buyers compared . The January with January 2018 MSI of of 2017 5.9 and
100 months
2016 . was at a mid level compared with January of 2017 and
2016 .
0
4.0
200
3.0
100
2.0
1.0
0
0.0
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 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
15
16
17
18
15
16
17
18
3.0
2.0
1.0
0.0
432
396 459
354 432
318 396
309 354
319 318
353 309 368
319
375 353 403 368 461 375 450 403
404 461
376
450 342 317
404
301 376
311 342
330 317
333 301
346 311
383 330
64 63 97 104 95 96 73 78 76 77 59 79 68 427
333 427
346 435
393 383 376
67 435 358
89 91 94 101 84
3 Mo Avg
83 51
345 393
340 376
338
358 374 345 414 340
429
338 434 374
64 414
3 Mo Avg
62
429 69
434 73
56 | 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 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 Asso 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 .