FL ARCHIVED March 2018 | Page 60

Osprey
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
March 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
$588,661
7%
7%
Other
$946,011 Trending
3% versus*: 9%
Month
LM -3%
L3M -5%
PYM 32%
LY
$457,500
$588,661
7% 8% 8%
7% 53%
$585,299
$946,011 193
3% -4%
9% -12%
$457,500 -3%
-5%
32%
10%
36 38%
57%
$585,299 113
8% 24%
8% 11%
53% -10%
22%
193 -4%
-12%
$249 6% 2% -5%
36 38%
57%
$223 1% 2% 19%
113 24% 11% -10% -3%
5.4 -31% -14% -44%
$249 6% 2% -5% 2%
92.8% -.6% -.8% 1.3%
Average List Price of all Current Listings
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 Average Days on Market (Solds)
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
March Sale Price vs List Price Ratio
March Sold Price per Square Foot
$223 1% 2% 19%
5.4 -31% -14% -44%
92.8% -.6% -.8% 1.3%
* 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
March Property sales were 36, up 56.5% from 23 in March of
40
2017 and 38.5% higher than the 26 sales last month. March
Property
2018 sales Sales
were at their highest level compared to March of 45 35
March
Property
were YTD
36, up
56.5%
from
in March
of ahead
2017 and
2016. sales
March
sales
of 95
are 23
running
82.7%
40 30
2017
and year's
38.5% year-to-date
higher than sales
the 26 of sales
of last
52. last month. March
2018 sales were at their highest level compared to March of
35 25
Days On Market for Sold Properties
Trending versus*:
Prior YTD Prior Year
YTD
Market Time
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 113, up 24.2% from 91
days last month and down 10.3% from 126 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
Trending versus*:
Prior YTD 23%
Prior Year 19%
10% YTD
$493,000
22%
$552,853
31%
15%
$493,000
$552,853
-3%
23%
95
31%
96
83% 19%
-20% 15%
2%
$248
-3%
95
83%
13%
$223
20%
96 -20%
-17%
-42%
6.2 -57%
$248
-3%
2%
.7%
93.8%
2%
-17%
2%
13%
-33%
2%
13%
$223
20%
13%
-42%
6.2 -57%
-33%
Number
of 93.8%
Properties
.7%
2% Sold 2%
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
19
18
Median Sales Price and Average Sales Price
3 Mo Avg
96%
88%
550
86%
84%
500 450
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
450 400
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
MSI is better
for buyers.
March for
2018
MSI
of 5.4
higher
MSI
is better
for buyers.
March 2018
MSI of of
5.4 2017 and
50
months
was
at its lowest
level The
compared
with March
months
2016. was at its lowest level compared with March of 2017 and
0
2016.
100
50
20.0
15.0
10.0
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
16
17
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
20.0
100
150
200
250
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 45, down 16.7% from 54 last month and
down 21.1% from 57 in March of last year.
25.0
25.0
150
15
60 | c
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
200
level compared with March of 2017 and 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
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
400 350
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
250
was Total
193, Inventory
down 4.0%
from 201 last
month
The
of Properties
available
for and
sale down
as of 12.3%
March from
220 193,
in March
of last
year.
2018 and
Inventory
was at
a mid 250
was
down 4.0%
from
201 March
last month
down 12.3%
from
200
220
in compared
March of last
year.
March
2018 and
Inventory
level
with
March
of 2017
2016. was at a mid
92.8%
91.6%
92%
90%
600
350 300
94.2%
94%
650
17
98%
700
13
16
3 Mo Avg
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
15
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
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 92.8% was down from 93.4% last month and up
from 91.6% in March of last year.
0
550 500
300
187
181
$543,742 last month. March 2018 ASP was at the highest level
compared to March of 2017 and 2016.
3 Mo Avg
223
The Median Sales Price in March was $457,500, up 31.8% from
Prices
$346,990 in March of 2017 and down 3.5% from $474,000 last
The
Median
Sales
Price Sales
in March
was
up $585,299,
31.8% from
month.
The
Average
Price
in $457,500,
March was
up
700
$346,990
in March
of 2017
and down
3.5% and
from
last
53.1% from
$382,238
in March
of 2017
up $474,000
7.6% from
month.
The last
Average
Sales
Price 2018
in March
up level 650
$543,742
month.
March
ASP was
was $585,299,
at the highest
53.1%
from $382,238
of 2017
and up 7.6% from
compared
to March in
of March
2017 and
2016.
600
3 Mo Avg
250
240
230
220
210
200
190
180
170
160
150
Prices
5
0
Selling Price per Square Foot
Selling Price per Square Foot
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 $223 was up
0.6% from $222 last month and up 19.4% from 187 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
15
16
17
18
5
113
100
0
15
10
126
110
10
15
150
20
200
50
3 Mo Avg
Number of Properties Sold
3 Mo Avg
250
20
Title
Phone
Website
Other
Community Information | School District
45
2017 and 2016. March YTD sales of 95 are running 82.7% ahead
30
of last year's year-to-date sales of 52.
25
Agent Name
Price Range: All | Properties: SFH - Con
Trending versus*:
L3M PYM
LY
March 2018
Osprey
City: Osprey
Market Action Report
Market Action Report
City: Osprey
City: Osprey
March 2018
Market Action Report
50
15.0
10.0
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
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
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
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.
18
c o l dw el l b a n k er h o m es . c o m
| 61
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
Association Flagler
of REALTORS,
Flagler County
Association
of REALTORS,
Bonita
Springs-Estero
Association
REALTORS,
Royal Palm
Coast REALTOR
Association,
Navarre Area
Board Coast
of REALTORS,
Coast Association
of REALTORS,
Pensacola
of REALTORS
and estate
may
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 REALTORS,
County Association
of REALTORS,
Bonita
Springs-Estero
Association
of REALTORS,
Royal of
Palm
Coast REALTOR
Association,
Navarre Area
Board of REALTORS,
Emerald
Association Emerald
of REALTORS,
Pensacola Association
of REALTORS
and Association
may not reflect
all relevant 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.