FL ARCHIVED March 2018 | Page 118

Market Action Report March 2018
Phone Community Information | School District

City : Osprey

Price Range : All | Properties : SFH - Con

Osprey

Agent Name
Market Action Report March 2018

Phone Community Information | School District

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
$ 588,661
7 %
7 %
Average List Price of all Current Listings
$ 946,011
3 %
9 %
March Median Sales Price
$ 457,500
-3%
-5%
32 %
10 %
$ 493,000
23 %
19 %
March Average Sales Price
$ 585,299
8 %
8 %
53 %
22 %
$ 552,853
31 %
15 %
Total Properties Currently for Sale ( Inventory )
193
-4%
-12%
March Number of Properties Sold
36
38 %
57 %
95
83 %
March Average Days on Market ( Solds )
113
24 %
11 % -10%
-3%
96
-20%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 249
6 %
2 %
-5%
2 %
$ 248
-3%
2 %
March Sold Price per Square Foot
$ 223
1 %
2 %
19 %
13 %
$ 223
20 %
13 %
March Month ' s Supply of Inventory
5.4 -31% -14% -44% -42%
6.2
-57%
-33%
March Sale Price vs List Price Ratio
92.8 %
-. 6 % -. 8 % 1.3 %
. 7 %
93.8 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
45
March Property sales were 36 , up 56.5 % from 23 in March of
2017 and 38.5 % higher than the 26 sales last month . March
40
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at their highest level compared to March of
45
35
March
2017 and Property 2016 sales . March were YTD 36 , up sales 56.5 of % 95 from are 23 running March 82.7 of % ahead
2017 and 38.5 % higher than the 26 sales last month . March
40 of last year ' s year-to-date sales of 52 .
30
2018 sales were at their highest level compared to March of
35
25
2017 and 2016 . March YTD sales of 95 are running 82.7 % ahead of last year ' s year-to-date sales of 52 .
30
20
25
15
20
10
15
5
10
0
5
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
0
15
16
17
18
A
M J
Prices
15
The Median Sales Price in March was $ 457,500 , up 31.8 % from
700
Prices
$ 346,990 in March of 2017 and down 3.5 % from $ 474,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 457,500 was , up $ 31.8 585,299 % from , up
650
700
$
53.1 346,990 % from in March $ 382,238 of 2017 in March and down of 2017 3.5 % and from up $ 7.6 474,000 % from last
600 month
$ 543,742 . The last Average month Sales . March Price 2018 in March ASP was $ at 585,299 the highest , up level
650
53.1 compared % from $ to 382,238 March in of March 2017 and of 2017 2016 and . up 7.6 % from
550
600
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ 543,742 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 .
550
500
500
450
450
400
400
350
191 177
27 159
36 151
32 134
Title Website Other
36 133
25
134
133 161
156 136
136 23
161
185 192 156
Number of Properties Sold
27 36 32 36 25 23 23 15 18 15 25 30 24 33 22 19 20 20 13 27 13 9 20 23 41 31 34 24 25 17 15 19 26 33 26 36
350
300
300
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
15 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 M
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 March
The was Total 193 , Inventory down 4.0 of % Properties from 201 last available month for and sale down as of 12.3 March % from was 220193 in , March down 4.0 of % last from year 201 . March last month 2018 and Inventory down 12.3 was % at from a mid
250
220 level in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at a mid
200 level compared with March of 2017 and 2016 .
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
15.0
100
10.0
A comparatively lower MSI is more beneficial for sellers while
100 a
10.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2018 sellers MSI while of 5.4 a higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 5.42017 and
50 months
2016 . was at its lowest level compared with March of 2017 and
2016 .
0
50
5.0
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
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
15
16
17
18
5.0
0.0
191
177 159 151
23 15 18 15 25 30 24 33 22 19 20 20 13 27
189 185
173 192
167 189
164 173
163
167 153 152
164
156 163
153 177
152 185
156 209
177 220
185 220
202 209
198 220
181 220
173 202 160 198
156 181
169
173 183 160 185 156 185 169 201 183
193 185
13 9 20 23 41 31 34 24 25 17 15 19
185 26
201
3 Mo Avg
33
193 26 36
60 | c o l d w e l l b a n k e r h o m e s . c o m
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