FL ARCHIVED March 2018 | Page 190

Price Range: All | Properties: SFH - Con Market Profile Sales & Trends March Median Price Overview Median Price Sales of all Price Current Listings March List Average Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) March Sales Price March Median Number of Properties Sold March Average Sales Price March Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) March Number of Properties Sold March Sold Price per Square Foot March Sale Price vs List Price Ratio March Sold Price per Square Foot 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 Prices 94.4% 94.0% 94% 90% 88% compared to March of 2017 and 2016. 86% 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 Median Sales Price and Average Sales Price 17 3 Mo Avg 18 3 Mo Avg 300 200 Inventory & MSI 16 500 400 200 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 A M J J A S O N D J Median 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 400 300 Inventory / New Listings / Sales 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 0 The Median Sales Price in March was $517,000, up 36.1% from 800 Prices $379,900 in March of 2017 and down 15.9% from $615,000 last The Median Sales Price Sales in March was up $723,354, 36.1% from month. The Average Price in $517,000, March was up 800 700 $379,900 in March of 2017 and down 15.9% from $615,000 last 51.5% from $477,395 in March of 2017 and down 0.8% from month. The Average Sales Price in March was $723,354, up $728,850 last month. March 2018 ASP was at the highest level 700 600 51.5% from $477,395 of 2017 and down 0.8% from compared to March in of March 2017 and 2016. $728,850 last month. March 2018 ASP was at the highest level 600 500 92% Inventory / New Listings / Sales 5 0 3 Mo Avg 10 5 3 Mo Avg 15 10 3 Mo Avg 95.8% 96% 21% $371 23% 14% -23% 6.5 16% 2% Number of 95.0% Properties 1.7% 2% Sold 1% 20 15 Avg Selling Price divided by Avg Listing Price for sold properties during the month 98% 20 -9% 5% 14% 2% 1% 25 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 25 -18% 18% -26% 20% 4% $368 8% 58 -18% 21% $371 23% 118 -26% -9% -23% 6.5 16% $368 8% 5% 1.7% 95.0% 2% Number of Properties Sold 30 2018 sales were at a mid level compared to March of 2017 and 2016. March YTD sales of 58 are running 18.3% behind last year's year-to-date sales of 71. 37% 58 36% 118 35 91 84 March Property sales were 25, down 19.4% from 31 in March of 2017 and 78.6% higher than the 14 sales last month. March Property 2018 sales Sales were at a mid level compared to March of 2017 and 35 March sales sales were of 25, 58 down 19.4% from 31 in behind March last of 2016. Property March YTD are running 18.3% 2017 and 78.6% higher than of the 30 year's year-to-date sales 71. 14 sales last month. March 111 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 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 495, up 8.6% from 456 last month and down 5.9% from 526 in March of last year. $395 10% 7% 35% 4.8 -43% -25% 16% 95.7% 3.6% .7% 1.5% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 3 Mo Avg 150 140 130 120 110 100 90 80 70 60 50 March Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) Selling Price per Square Foot Selling Price per Square Foot March Average Days on Market (Solds) $535,000 $676,099 -14% 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 Trending versus*: 40 Trending versus*: Prior YTD Prior Year YTD Prior YTD 37% Prior Year 18% 14% YTD $535,000 28% $676,099 36% 20% 60 0 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 95.8% was up from 95.1% last month and up from 94.4% in March of last year. $724,500 0% 26% Other $829,750 Trending 1% versus*: 15% Month LM -16% L3M -2% PYM 36% LY $517,000 $724,500 0% -1% 9% 26% 52% $723,354 $829,750 121 1% 2% 15% -6% $517,000 -16% -2% 36% -19% 14% 25 79% $723,354 111 -1% -43% 9% -7% 52% -33% 28% 121 2% -6% $365 -5% -1% 10% 25 79% -19% $395 10% 7% 35% 111 -43% -7% -33% -14% 4.8 -43% -25% 16% $365 -5% -1% 10% 4% 95.7% 3.6% .7% 1.5% Average List Price of all Current Listings 80 Trending versus*: L3M PYM LY 87 LM 97 82 Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con 3 Mo Avg 120 100 March 2018 Community Information | School District 20 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 $111 was up 6.7% from $104 last month and up 22.2% from 91 in March of last year. Title Phone Agent Name Website Title Other City: Pensacola Beach Days On Market for Sold Properties Market Time Agent Name Community Information | School District The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for March was 87, up 13.0% from 77 days last month and up 6.1% from 82 days in March of last year. The March 2018 DOM was at a mid level compared with March of 2017 and 2016. Pensacola Beach Market Action Report Title Phone Website Other Price Range: All | Properties: SFH - Con City: Pensacola Beach Agent Name March 2018 Pensacola Market Action Report City: Pensacola March 2018 Market Action Report 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 The Total Inventory Inventory & MSI of Properties available for sale as of March 200 was Total 121, Inventory up 1.7% from 119 last month and 6.2% from 129 The of Properties available for down sale as of March in March last from year. 119 March 2018 and Inventory was from at its 129 lowest 200 was 121, up of 1.7% last month down 6.2% in level March of last year. Inventory was at its lowest compared with March March 2018 of 2017 and 2016. 150 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 18.0 190 | c o l d w e l l b a n k e r h o m e s . c o m 16.0 18.0 16.0 14.0 14.0 12.0 level compared with March of 2017 and 2016. 150 12.0 10.0 100 10.0 8.0 100 8.0 6.0 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 comparatively lower MSI is more beneficial for sellers while a 6.0 50 A higher comparatively lower MSI is more The beneficial sellers while a 15 16 17 18 4.0 MSI is better for buyers. March for 2018 MSI of 4.8 4.0 higher MSI is better for level buyers. The March MS I of of 2017 4.8 and 50 2.0 months was at a mid compared with 2018 March Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 2.0 months was at a mid level compared with March of 2017 and 0 0.0 2016. of REALTORS, 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 Association of REALTORS, Flagler County Association Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR 0 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate activity. 0.0 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 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. 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 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 c o l dw el l b a n k er h o m es . c o m | 191 C Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Ass Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.