FL ARCHIVED March 2018 | Page 90

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

City : Punta Gorda 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
$ 314,900
-0%
5 %
Average List Price of all Current Listings
$ 393,912
3 %
3 %
March Median Sales Price
$ 250,800
-3%
2 %
7 %
8 %
$ 245,250
7 %
5 %
March Average Sales Price
$ 303,691
4 %
4 %
10 %
10 %
$ 293,108
9 %
6 %
Total Properties Currently for Sale ( Inventory )
893
-1%
-10%
March Number of Properties Sold
211
37 %
-5%
498
5 %
March Average Days on Market ( Solds )
92
23 %
14 %
19 %
3 %
86
-1%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 181
6 %
3 %
11 %
12 %
$ 177
8 %
9 %
March Sold Price per Square Foot
$ 161
4 %
4 %
9 %
10 %
$ 157
8 %
7 %
March Month ' s Supply of Inventory
4.2 -28% -25% -4%
-23%
5.7
-18%
3 %
March Sale Price vs List Price Ratio
93.8 %
-. 2 % -. 9 %
. 4 %
. 1 %
94.2 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
250
March Property sales were 211 , down 5.4 % from 223 in March of
2017 and 37.0 % higher than the 154 sales last month . March
Property
2018 sales Sales were at a mid level compared to March of 2017 and
250
200
March
2016 . Property March YTD sales sales were of 211 498 , down are 5.4 running % from 5.3 223 % ahead in March of last of
2017 year and ' s year-to-date 37.0 % higher sales than of the 473154 . sales last month . March
2018 sales were at a mid level compared to March of 2017 and
200
150
2016 . March YTD sales of 498 are running 5.3 % ahead of last
year ' s year-to-date sales of 473 .
150
100

Punta Agent Gorda

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 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
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 $ 250,800 , up 7.2 % from
350
Prices $ 234,000 in March of 2017 and down 3.3 % from $ 259,275 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 250,800 was , up $ 303,691 7.2 % from , up
330
350 $ 10.5 234,000 % from in March $ 274,946 of 2017 in March and down of 2017 3.3 % and from up $ 4.3 259,275 % from last 310 month . The Average Sales Price in March $ 303,691 , up
330
$ 291,037 last month . March 2018 ASP was at the highest level 290 10.5 % from $ 274,946 in March of 2017 and up 4.3 % from 310 compared to March of 2017 and 2016 .
270
$ 291,037 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 893 , Inventory down 0.7 of % Properties from 899 last available month for and sale down as of 9.5 March % from 1,200
10.0 was 987893 in , March down 0.7 of % last from year 899 . March last month 2018 and Inventory down 9.5 was % from at a mid 1,200 10.0
1,000 8.0
987 level in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at a mid 1,000 8.0 level compared with March of 2017 and 2016 . 800
800 6.0
600 6.0
600 4.0
A comparatively lower MSI is more beneficial for sellers while a 400
4.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The March 2018 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared March 2018 with March MSI of of 4.2
200 2.0
2017 and 200
2.0 months 2016 . was at its lowest level compared with March of 2017 and 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
231 219 177 183 134 156 147 102 197 116 123 149 190 169 166 142 127 139 119 126 99 112 138 223 183 202 180 148 178 114 136 128 177 133 154 211
808 718 675 644 645
A
15
231 219 177 183 134 156 147
808 718 675 644 645 628
701
628 701 736 749
102
J A S O N D J 16
197
736
749 116 123 149 190 169 166 142
794 857 863 847 771 768 719
794 857 863 847 771 768 719 689 693
760
127
864 909
139
689 693
760 119
999
1,005 864
J A S O N D J
17
126 99 112 138
987 946 886
815
223 183 202
909 999 1,005 987 946 886
815
740 701 683 745 180 148 178
923 899 893
740 815 701 820 683
745
J A S O N D J
18
114 136
815
820 128 177 133
923 899 893 154 211
46 | c o l d w e l l b a n k e r h o m e s . c o m
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 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 .