* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Property Sales

3,500 March Property sales were 1,222 , down 57.6 % from 2,884 in

March of 2017 and 24.8 % higher than the 979 sales last month . 3,000 Property March 2018 Sales sales were at their lowest level compared to March 3,500

March of 2017 Property and 2016 sales . March were 1,222 YTD , down sales of 57.6 3,129 % from are 2,884 running 53.7 % 2,500 March behind of last 2017 year and ' s 24.8 year-to-date % higher than sales the of 6,758 979 sales . last month . 3,000 March 2018 sales were at their lowest level compared to March 2,000 of 2017 and 2016 . March YTD sales of 3,129 are running 53.7 % 2,500 behind last year ' s year-to-date sales of 6,758 .

1,500 2,000

1,000 1,500

500 1,000

Agent Name

Phone Website Other

Number of Properties Sold

0

500 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 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 Prices

Median Sales Price and Average Sales Price

15 16

17

18 3 Mo Avg The Median Sales Price in March was $ 270,000 , up 20.0 % from

350

Prices $ 225,000 in March of 2017 and up 12.5 % from $ 240,000 last Median Sales Price and Average Sales Price

3 Mo Avg The month Median . The Sales Average Price Sales in March Price was in $ March 270,000 was , up $ 313,250 20.0 % from , up

330

350 $ 0.5 225,000 % from in $ March 311,684 of 2017 in March and up of 2017 12.5 % and from up $ 240,000 3.5 % from last 310 month . The Average Sales Price in March $ 313,250 , up

330

$ 302,641 last month . March 2018 ASP was at the highest level 290 0.5 % from $ 311,684 in March of 2017 and up 3.5 % from 310 compared to March of 2017 and 2016 .

270

$ 302,641 last month . March 2018 ASP was at the highest level 290 250 compared to March of 2017 and 2016 . 270

230 250

210 230

190 210

170

190 170

150

150 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 Total Inventory & Month ' s Supply of Inventory ( MSI )

The was Total 11,619 Inventory , down 2.2 of Properties % from 11,880 available last for month sale and as of down March 13.1 % 18,000

14.0 was from 11,619 13,374 , down in March 2.2 % from of last 11,880 year last . March month 2018 and Inventory down 13.1 % was 18,000 at 16,000

14.0 12.0 from its lowest 13,374 level in March compared of last with year . March of 2018 2017 Inventory and 2016 was . at 16,000 14,000 12.0 its lowest level compared with March of 2017 and 2016 . 14,000

10.0 12,000

10.0

12,000 10,000 8.0

10,0008,000 8.0

6.0

A comparatively lower MSI is more beneficial for sellers while a 8,0006,000

6.0

A comparatively lower MSI is more beneficial for sellers while a 6,000

4.0 higher MSI is better for buyers . The March 2018 MSI of 9.5 4,000

4.0 higher MSI is better for buyers . The March 2018 MSI of 9.5 4,000 months was at its highest level compared with March of 2017 2,000

2.0 months was at its highest level compared with March of 2017 2,000 2.0 and 2016 . 0

0.0 and 2016 .

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

M J F M A M J

F M A M J F M

15 16

17 18

2,881 2,717 3,035 2,979 2,716 2,648 2,619 2,172 2,766 1,951 2,188 2,836 2,824 2,919 3,149 2,681 2,915 2,630 2,285 2,257 2,512 1,875 1,999 2,884 2,588 2,869 2,961 2,510 2,353 949 1,076 999 1,154 928 979 1,222

15,346 14,878 14,635 14,498 14,225 14,002 14,112 14,251 14,036

15,098

16,293

A

15

2,881 2,717 3,035 2,979 2,716 2,648 2,619 2,172

15,346 14,878 14,635 14,498 14,225 14,002 14,112 14,251

J A S O N D J

16

2,766 1,951 2,188

Number of Properties Sold

2,836 2,824 2,919 3,149 2,681

16,741 16,775 16,395 15,761 15,284 14,612 13,677 13,004

14,036

15,098 16,293 16,741 16,775 16,395 15,761 15,284 14,612 2,915 2,630

J A S O N D J

17

2,285 2,257 2,512 1,875 1,999 2,884 2,588 2,869 2,961 2,510 2,353

13,154 12,858 13,543 13,579 13,374 12,999 12,822 12,561 12,279 11,912 11,748 11,954 11,664 11,448 11,768 11,880 11,619

J A S O N D J 18

3 Mo Avg

949

13,677 13,004 13,154 12,858 13,543 13,579 13,374 12,999 12,822 12,561 12,279 11,912 11,748 11,954 11,664 1,076 999

11,448 11,768

1,154

3 Mo Avg

928

11,880

11,619 979 1,222

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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 .