FL ARCHIVED March 2018 | Page 102

Agent Name Title Phone Agent Name Website Title Other Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website LM $425,000 -0% 1% Other $667,554 Trending 2% versus*: 2% Month LM -1% L3M -4% PYM -6% LY $302,000 $425,000 -0% 16% 6% 1% -2% $471,258 $667,554 1,628 2% -0% 2% -4% $302,000 -1% -4% -6% -3% 83 34% -13% $471,258 139 16% -10% 6% 0% -2% 9% 17% 1,628 -0% -4% $310 0% -1% 2% 83 34% -13% $256 4% 1% -2% 139 -10% 0% 9% -1% 19.6 -26% -16% 10% $310 0% -1% 2% 2% 89.2% -.8% .2% .2% $256 4% 1% -2% 4% $254 1% 3% 19.6 -26% -16% 10% -9% 23.3 5% 8% of 89.3% Properties 89.2% -.8% .2% .2% Number .8% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date March Month's Supply of Inventory March 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 140 March Property sales were 83, down 12.6% from 95 in March of 2017 and 33.9% higher than the 62 sales last month. March 120 Property 2018 sales Sales were at their lowest level compared to March of 2017 140 March Property sales YTD were sales 83, down from 95 10.5% in March of 100 and 2016. March of 212 12.6% are running behind 2017 33.9% higher than the of 62 237. sales last month. March 120 last and year's year-to-date sales 80 2018 sales were at their lowest level compared to March of 2017 3 Mo Avg 79 74 A M J J A S O N D Median J F M A M Sales J J A Price S O N and D J Average F M A M Sales J J A Price S O N D J F M 3 Mo Avg 15 16 17 18 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 March 2018 Selling Price per Square Foot of $256 was up 4.0% from $246 last month and down 1.7% from 260 in March of last year. 300 290 280 270 260 250 240 230 220 210 200 261 Median Sales Price and Average Sales Price 550 3 Mo Avg 500 500 450 450 400 95% 94% 93% 92% 91% 90% 89% 88% 87% 86% 85% 84% Total Inventory & Month's Supply of Inventory (MSI) 102 | c . 1,000 400 20.0 200 15.0 0 20.0 15.0 0.0 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 18 10.0 5.0 0.0 800 25.0 25.0 1,200 30.0 5.0 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 1,400 30.0 10.0 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 16 17 15 16 17 18 1,600 35.0 35.0 1,800 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 March 2018 was 228, down 13.0% from 262 last month and down 18.9% from 281 in March of last year. 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 18 16 A M J J A S O N D J F M 17 A M 15 J J A S O N D J F M A M J J A S O N D J F M 15 16 17 18 0 Inventory / New Listings / Sales Inventory / New Listings / Sales 300 250 and 2016. 89.2% 89.0% 88.7% 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 16 17 18 350 300 The Total Inventory Inventory & MSI of Properties available for sale as of March 1,800 was Total 1,628, down 0.5% from 1,636 last month and 4.1% The Inventory of Properties available for sale as down of March from 1,698 in March of last year. Inventory was 1,628, down 0.5% from 1,636 last March month 2018 and down 4.1% was at 1,800 1,600 1,600 1,400 from 1,698 March of last year. March 2018 and Inventory a mid level in compared with March of 2017 2016. was at 1,400 1,200 a mid level compared with March of 2017 and 2016. 1,200 1,000 1,000 800 A comparatively lower MSI is more beneficial for sellers while a 800 600 600 400 A higher comparatively lower MSI is more The beneficial sellers while a MSI is better for buyers. March for 2018 MSI of 19.6 400 200 higher MSI is better for buyers. March 2018 of 19.6 months was at its highest level The compared with MSI March of 2017 200 months was at its highest level compared with March of 2017 0 and 2016. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 400 350 Inventory & MSI 256 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 March 2018 Selling Price vs Original List Price of 89.2% was down from 89.9% last month and up from 89.0% in March of last year. 600 250 3 Mo Avg 260 Prices Selling Price per Square Foot Selling Price per Square Foot A M J J A S O N