FL ARCHIVED July 2017 - Page 44

Market Action Report Charlotte County County: Charlotte Agent Name Market Action Report County: Charlotte July 2017 Title Phone Agent Name Website Other Title July 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $265,000 0% 6% Other $342,302 Trending 1% versus*: 4% Month LM 2% L3M 3% PYM 19% LY $205,000 $265,000 0% -3% -2% 6% 15% $229,633 $342,302 1,762 1% -10% 4% -4% $205,000 449 2% -11% 3% 19% -2% 11% $229,633 -3% -2% 15% 7% 85 0% 5% 10% 1,762 -10% -4% $143 -3% -1% 9% 449 -11% -2% $127 -7% -4% 7% 85 0% 5% 10% 13% 3.9 1% 2% -3% $143 -3% -1% 9% 2% 93.3% .4% -.2% -.3% Average List Price of all Current Listings Market Profile & Trends July Median Sales Price Overview Median List Price of all Current Listings July Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) July Sales Price July Median Number of Properties Sold July Average Sales Price July Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) July Number of Properties Sold July Sold Price per Square Foot July Average Days on Market (Solds) July Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) July Sale Price vs List Price Ratio July Sold Price per Square Foot Trending versus*: Prior YTD 8% Prior Year 6% 11% YTD $195,000 7% $231,212 10% 8% $195,000 3,260 8% $231,212 10% 13% 79 2% $146 3,260 4% 4% $132 79 5% -19% 4.8 $146 7% -.8% 93.6% July Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 4% 6% 5% 8% 7% 9% 5% 1% 4% -0% 5% 4% 7% -0% -0% $127 -7% -4% 7% 4% $132 9% 7% 3.9 1% 2% -3% -19% 4.8 1% -0% of 93.6% Properties 93.3% .4% -.2% -.3% Number -.8% -0% Sold -0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date July Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 700 July Property sales were 449, down 1.5% from 456 in July of 2016 and 10.6% lower than the 502 sales last month. July 2017 600 Property sales were Sales at their lowest level compared to July of 2016 and 700 July Property sales sales were of 449, down from 456 July of of last 500 2015. July YTD 3,260 are 1.5% running 3.9% in ahead 2016 and 10.6% lower sales than of the 3,137. 502 sales last month. July 2017 600 year's year-to-date 400 sales were at their lowest level compared to July of 2016 and Prices 14 The Median Sales Price in July was $205,000, up 18.8% from Prices $172,500 in July of 2016 and up 2.2% from $200,575 last 240 The Median Sales Price Sales in July Price was $205,000, 18.8% from month. The Average in July was up $229,633, up 14.5% $172,500 in July of 2016 and up 2.2% from $200,575 last from $200,471 in July of 2016 and down 2.7% from $235,977 240 220 month. The Average Sales Price in at July $229,633, up 14.5% to 200 last month. July 2017 ASP was the was highest level compared 220 from in July of 2016 and down 2.7% from $235,977 July $200,471 of 2016 and 2015. last month. July 2017 ASP was at the highest level compared to 200 180 331 15 16 530 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 14 15 16 17 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 Median Sales Price and Average Sales Price M J J 3 Mo Avg 0 July of 2016 and 2015. 0 100 100 200 200 300 3 Mo Avg 300 400 500 2015. July YTD sales of 3,260 are running 3.9% ahead of last year's year-to-date sales of 3,137. Number of Properties Sold 17 Median Sales Price and Average Sales Price 3 Mo Avg 180 160 160 140 140 120 120 100 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 100 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 A 17 M J J A S 14 O N D J F M 14 15 16 17 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,500 1,500 A comparatively lower MSI is more beneficial for sellers while a 1,000 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 Inventory & MSI The Total Inventory Inventory & MSI of Properties available for sale as of July 3,000 was Total 1,762, down 10.0% from 1,957 last month down The Inventory of Properties available for sale and as of July 4.4% 3,000 from 1,844 in July of from last year. 2017 Inventory was 1,762, down 10.0% 1,957 July last month and down was 4.4% at a mid 2,500 from in July with of last year. July 2017 Inventory was at a mid 2,500 level 1,844 compared July of 2016 and 2015. 2,000 level compared with July of 2016 and 2015. A higher comparatively lower MSI is more The beneficial for sellers while MSI is better for buyers. July 2017 MSI of 3.9 a 1,000 500 higher TB\]\܈][^Y\˂H[H] M“THوو MˎH[ MK[۝\˜]HZY\\Y[BL [۝\]HZY][\\Y][Hو M[ MKHHHHHHHHHHHHHHHHHHHHHHHHMMBMMŒMMBMM ‹\YH[[\\Y[X[X[\]B[[\[]Y X[ܜ[NXH[N[\B\\΂ђ Hۂ\YH[[\[X[ܜ[\B\\ΈђHۂ›\Y[X[HX[\]BH ™H[\[]Y Y\˜XBB ˌK ˌK ]BݚYY\\BوܙX]\]Y\[BPSԔPSԂ\X][ۂوX\[ZX[ZH\X][ۂوPSԔܚYHSY[ۘ[S\وPSԔPSԔو\X][ۂوH[BXX\XH\\‘]B\\œݚYY\\BوܙX]\ܝܝ]Y\[BPSԔPSԂ\X][ۂوX\[[K[KZX[ZH\X][ۂوPSԔ^HܚYH^BY[ۘ[\\\XH\\\\XBوPSԔPSԔ\X][ۂH[HXX\XB\\X][ۂوPS\\[܈X\[YBX\XBو[ܛX][ۋ\[ܛX][ۋ]\\ۜX[]BH\ۜX[]B[H܈^Y\\YB[[[ܛX][ۂXۜ[Y\&\™\]H[X[ۋ\›\[܈X\[YBHBX\XBو\’]\Bو[Hق^Y\[\܈[\\YH[B[[B[[ܛX][ۂ[][[][Xۜ[Y\&\œX[\]HX[[X[ۋ