FL ARCHIVED March 2018 | Page 86

Market Action Report March 2018
Community Information | School District
Market Action Report March 2018

County : Charlotte Price Range : All | Properties : SFH - Con

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
$ 279,000
0 %
7 %
Average List Price of all Current Listings
$ 349,831
2 %
4 %
March Median Sales Price
$ 214,000
3 %
4 %
7 %
7 %
$ 205,000
8 %
3 %
March Average Sales Price
$ 246,424
0 %
2 %
4 %
6 %
$ 242,027
6 %
4 %
Total Properties Currently for Sale ( Inventory )
2,171
-2%
-8%
March Number of Properties Sold
555
31 %
2 %
1,319
4 %
March Average Days on Market ( Solds )
79
4 %
4 %
-1%
-1%
77
0 %
-4%
Asking Price per Square Foot ( based on New Listings )
$ 162
6 %
2 %
11 %
9 %
$ 160
8 %
8 %
March Sold Price per Square Foot
$ 142
2 %
2 %
6 %
7 %
$ 139
7 %
5 %
March Month ' s Supply of Inventory
3.9 -25% -25% -10% -18%
5.2
-12%
9 %
March Sale Price vs List Price Ratio
94.1 %
. 5 %
-. 3 %
. 1 %
. 2 %
94.2 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
700
March Property sales were 555 , up 2.0 % from 544 in March of
2017 and 30.6 % higher than the 425 sales last month . March
600
Property
2018 sales Sales were at their highest level compared to March of
700
March
2017 and Property 2016 sales . March were YTD 555 , sales up 2.0 of % 1,319 from are 544 running March 3.9 of %
500
2017 ahead and of 30.6 last % year higher ' s year-to-date than the 425 sales sales of last 1,269 month . . March
2018 sales were at their highest level compared to March of
600
400
2017 and 2016 . March YTD sales of 1,319 are running 3.9 %
500
ahead of last year ' s year-to-date sales of 1,269 .
300
400
200
300
200
100

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
575 521 480 483 402 442 442 331 444 317 380 430 530 508 517 456 452 426 389 385 386 332 393 544 486 559 503 450 455 360 362 378 471 339 425 555
2,089 1,902 1,778 1,712 1,642
A
15
575 521 480 483 402 442 442
1,634 1,702 1,815 1,918
331
J A S O N D J
16
444 317
2,114 1,815 2,233 1,918 2,269
2,115 380
Number of Properties Sold
0
100 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 $ 214,000 , up 7.0 % from
250
Prices $ 200,000 in March of 2017 and up 2.9 % from $ 208,000 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 214,000 was , up $ 246,424 7.0 % from , up
240
250 $ 3.7 200,000 % from in $ March 237,682 of 2017 in March and up of 2017 2.9 % and from up $ 208,000 0.4 % from last 230 month . The Average Sales Price in March was $ 246,424 , up
240
$ 245,490 last month . March 2018 ASP was at the highest level 220 3.7 % from $ 237,682 in March of 2017 and up 0.4 % from 230 compared to March of 2017 and 2016 .
210
$ 245,490 last month . March 2018 ASP was at the highest level 220 200 compared to March of 2017 and 2016 . 210
190 200
180 190
170 180
160
170 160
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 2,171 Inventory , down 2.1 of % Properties from 2,217 available last month for sale and as down of March 8.0 % 3,000
8.0 was from 2,171 2,359 , down in March 2.1 % from of last 2,217 year last . March month and 2018 down Inventory 8.0 % was at 3,000 8.0
2,500 7.0 from its lowest 2,359 in level March compared of last year with . March 2018 of 2017 Inventory and 2016 was . at 2,500
7.0 6.0 its lowest level compared with March of 2017 and 2016 . 2,000
6.0 5.0
2,000 1,500
5.0 4.0
1,500 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
3.0
3.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 higher MSI is better for buyers . The March 2018 MSI of 3.9
2.0 higher MSI is better for buyers . The March 2018 MSI of 3.9 500
2.0 months was at its lowest level compared with March of 2017 and 500
1.0 months was at its lowest level compared with March of 2017 and 1.0
2016 . 0
0.0 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
2,089 1,902 1,778 1,712 1,642 1,634 1,702
430 530 508 517 456 452
2,114 2,233 2,269 2,115 1,988 1,914 1,849 1,820
1,988 1,914 1,849 1,820 1,842 1,983
2,175
426 389
1,842 2,232 1,983
J A S O N D J
17
385 386 332 393
2,175
2,232 2,399 2,441 2,359 544 486 559
2,399 2,441 2,359 2,236 2,099 1,997 1,842 1,766 1,751
503 450
1,861 1,972 2,018
455
2,236 2,099 1,997 1,842 1,766 1,751
360
J A S O N D J 18
3 Mo Avg
362
2,209 1,861 2,217 2,171
1,972 378 471
2,018 2,209
3 Mo Avg
339 425
2,217 2,171
555
44 | 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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