FL ARCHIVED March 2018 | Page 92

Agent Name
Title
Phone
Agent
Name
Website
Title Other
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
Trending versus*:
L3M PYM
LY
Average List Price of all Current Listings
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
Trending versus*:
YTD
Prior YTD 2%
Prior Year
$255,000
5%
-2%
$299,101
$255,000
$299,101
-7%
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
-2%
2%
415
-2%
88 -11% 2%
6% -2%
5%
$248
415 -11%
-5%
$191
88
6%
3%
9.6
$248
11%
-1.1%
92.8% 11%
1%
9%
4%
2%
-1%
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 75, down 21.1% from
95 days last month and up 2.7% from 73 days in March of last
year. The March 2018 DOM was at a mid level compared with
March of 2017 and 2016.
9%
2%
-3%
11%
-1%
March Property sales were 150, down 19.8% from 187 in March
of 2017 and 18.1% higher than the 127 sales last month. March
250
Property
2018 sales Sales
were at their lowest level compared to March of 2017
300
March
Property
sales YTD
were sales
150, of
down
from 187
in March
and 2016.
March
415 19.8%
are running
11.1%
behind last
200
of year's
2017 and
18.1% higher
the 127 sales last month. March
year-to-date
sales than
of 467.
250
3 Mo Avg
3 Mo Avg
290
270
250
230
210
186
183
175
219
190
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
Median Sales Price and Average Sales Price
3 Mo Avg
95%
94.5%
94.4%
94%
92.9%
90%
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
Inventory / New Listings / Sales
Inventory / New Listings / Sales
400
8.0 200
6.0 0
8.0
6.0
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
18
4.0
2.0
0.0
800
10.0
10.0
1,000
12.0
2.0
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
1,200
12.0
4.0
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
15
16
17
18
1,400
14.0
14.0
1,600
Total Inventory & Month's Supply of Inventory (MSI)
1,800
Total Inventory & Month's Supply of Inventory (MSI)
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 312, up 1.0% from 309 last month and down
15.0% from 367 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
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
0
96%
91%
200 150
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
1,800
was Total
1,338,
down 0.1%
from 1,339
last month
and
4.6%
The
Inventory
of Properties
available
for sale
as down
of March
from
1,403
in March
of last
year.
Inventory
was
1,338,
down
0.1% from
1,339
last March
month 2018
and down
4.6% was at 1,800 1,600
1,600 1,400
from
1,403 in
March
of last year.
Inventory
was at
its lowest
level
compared
with March 2018
of 2017
and 2016.
1,400 1,200
its lowest level compared with March of 2017 and 2016.
1,200 1,000
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
600 400
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
MSI is better
for buyers.
March for
2018
MSI
of 8.9
400 200
higher
MSI
is better
for buyers.
March 2018
of 8.9
months
was
at its highest
level The
compared
with MSI
March
of 2017
200
months
was at its highest level compared with March of 2017
0
and 2016.
97%
92%
250 200
Inventory & MSI
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
93%
300 250
150
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 92.9% was down from 93.0% last month and down
from 94.4% in March of last year.
0
50
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
50
100
A M J J A S O N D Median
J F M A M Sales
J J A Price
S O N a nd
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
.
Selling Price per Square Foot
150
The Median Sales Price in March was $262,500, up 5.4% from
450
Prices
$249,000 in March of 2017 and up 9.4% from $240,000 last
The
Median
Sales
Price Sales
in March
was
5.4% from up
month.
The
Average
Price
in $262,500,
March was up $300,794,
450 400
$249,000
in $291,690
March of 2017
and up
9.4% and
from up
$240,000
last
3.1% from
in March
of 2017
7.7% from
month.
The last
Average
Sales
Price 2018
in March
up level 400 350
$279,353
month.
March
ASP was
was $300,794,
at the highest
3.1%
from $291,690
March
2017
and up 7.7% from
compared
to March in of
2017 of
and
2016.
$279,353 last month. March 2018 ASP was at the highest level
350 300
92 | c
40
170
Prices
and 2016.
75
73
60
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 $186 was up
1.0% from $185 last month and up 1.8% from 183 in March of
last year.
100
0
compared to March of 2017 and 2016.
77
80
190
150
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
15
16
17
18
150
200
120
0
3 Mo Avg
Number of Properties Sold
3 Mo Avg
20
300
2018 sales were at their lowest level compared to March of 2017
and 2016. March YTD sales of 415 are running 11.1% behind last
year's year-to-date sales of 467.
Title
Phone
Website
Other
Days On Market for Sold Properties
Market Time
2%
-2%
$186 1% -3% 2% -5%
$191
1%
-3%
8.9 -15% -7% 19% 3%
9.6
4%
11%
Number of 92.8%
Properties
92.9% -.1% .2% -1.6% -1.1%
-1% Sold -1%
* 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
Agent Name
Community Information | School District
Trending versus*:
Prior YTD Prior Year
YTD
March 2018
Hollywood
Price Range: All | Properties: SFH - Con
$355,000
2%
13%
Other
$589,312 Trending
2% versus*: 7%
Month
LM 9%
L3M 3%
PYM 5%
LY
$262,500
$355,000
2% 8% -2%
13% 3%
$300,794
$589,312 1,338
2% -0%
7% -5%
$262,500 150
9% 18%
3% 5% -20%
5%
$300,794 8%
-2%
3%
-2%
75 -21% -18% 3%
1,338 -0%
-5%
$255 1% 2% 12%
150 18%
-20%
$186 1% -3% 2%
75 -21% -18% 3% -7%
8.9 -15% -7% 19%
$255 1% 2% 12% 5%
92.9% -.1% .2% -1.6%
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
City: Hollywood
Market Action Report
City: Hollywood
Hollywood
Market Action Report
City: Hollywood
March 2018
Market Action Report
600
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.
.
| 93
Data
provided
courtesy
of w
Greater
REALTORS,
REALTOR
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
of h
REALTORS,
of REALTORS
and estate
may
o l of d Greater
e Fort
l Fort
l Lauderdale
b Lauderdale
a n REALTORS,
ke
r h REALTOR
om
e Association
s Association
c o of m
c REALTORS,
o Association
l d w Emerald
l l Coast
b a Association
nker
o m of e
s Pensacola
co
m may not reflect
Data
is is
provided
courtesy
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
of e REALTORS,
Pensacola
Association
REALTORS
and Association
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.