FL ARCHIVED March 2018 | Page 172
Market Action Report
Seminole County
Agent Name
Market Action Report
Title
Phone
Agent
Name
Website
Title Other
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$360,000
9%
11%
Other
$469,047 Trending
9% versus*:
14%
Month
LM
L3M
PYM
LY
$264,900 7% 5% 8%
$360,000
9%
11%
$293,105 7% 3% 10%
$469,047 1,050
9% -2% 14% -15%
$264,900 594
7% 48%
5% 8% 1%
8%
$293,105 7%
3%
10%
8%
58 7% 5% 23%
1,050 -2%
-15%
$153 5% 4% 11%
594 48%
1%
$139 4% 2% 8%
58 7% 5% 23% 23%
1.8 -34% -27% -15%
$153 5% 4% 11% 9%
96.0% .5% .4% -1.0%
$139 4% 2% 8%
1.8 -34% -27% -15%
96.0% .5% .4% -1.0%
5%
$136
8%
3%
-31%
2.4 -14%
-6%
Number
of 95.7%
Properties
-.1%
-0% Sold -0%
* 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
800
March Property sales were 594, up 0.5% from 591 in March of
700
2017 and 48.1% higher than the 401 sales last month. March
Property
2018 sales Sales
were at their highest level compared to March of 800
600
March
Property
were YTD
594, sales
up 0.5%
from are
591 running
in March 2.3%
of
2017 and
2016. sales
March
of 1,376
700
2017
and
48.1%
higher
than
the
401
sales
last
month.
March
ahead of last year's year-to-date sales of 1,345.
500
666
736
536
448
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
129
117
Median Sales Price and Average Sales Price
3 Mo Avg
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 96.0% was up from 95.5% last month and down
from 97.0% in March of last year.
98%
97.0%
97%
96.0%
96%
95.0%
95%
93%
92%
91%
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
1,500
1,500
2016.
0
1,000
A comparatively lower MSI is more beneficial for sellers while 1,000
a
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The March 2018 MSI of 1.8
500
higher
MSI
is better
for buyers.
March 2018
MSI of of
1.8 2017 and 500
months
was
at its lowest
level The
compared
with March
months
was
at
its
lowest
level
compared
with
March
of
2017
and
0
2016.
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
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
172 | c o l d w e l l b a n k e r h o m e s . c o m
1,000
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
2,000
its lowest level compared with March of 2017 and 2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
This last view of the market combines monthly inventory of
2,500
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
2,000
relationship between these items. The number of New Listings
in March 2018 was 760, up 22.4% from 621 last month and down
2.9% from 783 in March of last year.
1,500
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
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
Inventory & MSI
Inventory / New Listings / Sales
Inventory / New Listings / Sales
170 150
190 170
210 190
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
2,500
was Total
1,050,
down 2.1%
from 1,073
last month
and
14.6%
The
Inventory
of Properties
available
for sale
as down
of March
from
1,230
in March
of last
year.
Inventory
was
1,050,
down
2.1% from
1,073
last March
month 2018
and down
14.6% was at 2,500
2,000
from
1,230 in
March
of last year.
Inventory
was at
its lowest
level
compared
with March 2018
of 2017
and 2016.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month