FL ARCHIVED February 2017 | Page 166

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

County : Orange

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
$ 334,900
8 %
25 %
Average List Price of all Current Listings
$ 533,283
8 %
28 %
February Median Sales Price
$ 220,000
1 %
-1%
11 %
0 %
$ 219,500
11 %
0 %
February Average Sales Price
$ 262,677
-5%
-2%
8 %
-1%
$ 269,448
12 %
2 %
Total Properties Currently for Sale ( Inventory )
4,426
-6%
-23%
February Number of Properties Sold
1,349
7 %
1 %
2,609
3 %
February Average Days on Market ( Solds )
67
-3%
3 %
-16%
5 %
68
-12%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 153
5 %
5 %
11 %
9 %
$ 149
10 %
6 %
February Sold Price per Square Foot
$ 129
0 %
0 %
10 %
2 %
$ 129
10 %
2 %
February Month ' s Supply of Inventory
3.3 -12% -1% -24%
-7%
3.5
-24%
-1%
February Sale Price vs List Price Ratio
95.4 %
. 2 %
-. 0 % 1.2 %
-. 2 %
95.3 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 February Property sales were 1,349 , up 0.5 % from 1,342 in
February of 2016 and 7.1 % higher than the 1,260 sales last Property month . February Sales 2017 sales were at a mid level compared to 2,5002,000
February Property of 2016 sales and 2015 were . 1,349 February , up 0.5 YTD % from sales 1,342 of 2,609 in are February running of 3.4 2016 % ahead and 7.1 of % last higher year than ' s year-to-date the 1,260 sales sales last of 2,523 .
month . February 2017 sales were at a mid level compared to 2,0001,500 February of 2016 and 2015 . February YTD sales of 2,609 are running 3.4 % ahead of last year ' s year-to-date sales of 2,523 .
1,5001,000

Orange Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
500
500 0
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
0 14 15
16 17
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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg
The Median Sales Price in February was $ 220,000 , up 10.6 %
Prices from $ 199,000 in February of 2016 and up 1.3 % from $ 217,250 290 Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in February Sales Price was in $ 220,000 February , up was 10.6 $ 262,677 % , from up 8.2 $ 199,000 % from in $ 242,804 February in of February 2016 and of up 2016 1.3 % and from down $ 217,250 5.1 % 270
290 last from month $ 276,697 . The Average last month Sales . February Price in February 2017 ASP was was $ 262,677 at the , up 8.2 % from $ 242,804 in of 2016 and down 5.1 % 270
250 highest level compared to February of 2016 and 2015 . from $ 276,697 last month . February 2017 ASP was at the 250 230
highest level compared to February of 2016 and 2015 .
230 210
210 190
190 170
1,311 1,414 1,511 1,586 1,654
1,311 1,414 1,511 1,586 1,654 1,565 1,547 1,652 1,281 1,651 1,232 1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607 1,382 1,679 1,181 1,342 1,730 1,725 1,843 1,932 1,796 1,857 1,699 1,457 1,386 1,669 1,260 1,349
170 150 150
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
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 4,426 of , Properties down 6.1 % available from 4,714 for sale last as month of and 8,000
6.0
February down 23.4 was % 4,426 from , 5,778 down in 6.1 February % from 4,714 of last year month . February and 2017 8,0007,000 6.0
5.0 down Inventory 23.4 % was from at 5,778 its lowest in February level compared of last year with . February 2017 of 7,0006,000
5.0 Inventory 2016 and was 2015 at . its lowest level compared with February of 6,0005,000
4.0
2016 and 2015 . 5,000
4.0 4,000
3.0
4,000 3,000
3.0
A comparatively lower MSI is more beneficial for sellers while 3,000 a 2.0
A comparatively lower MSI is more beneficial for sellers while a 2.0 higher MSI is better for buyers . The February 2017 MSI of 3.3 2,000 higher MSI is better for buyers . The February 2017 MSI of 3.3
2,000 months was at its lowest level compared with February of 2016 1,000
1.0
1.0 months was at its lowest level compared with February of 2016 1,000 and 2015 .
0 0.0 and 2015 . 0
0.0 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 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 14
15 16
17 14
15 16
17
1,565 1,547 1,652 1,281
6,940 7,133 7,383 7,496 7,585 7,555 7,539 7,528 7,294
6,940 7,133 7,383 7,496 7,585 7,555 7,539 7,528 7,294 6,932 6,874 6,791 6,846 6,843 6,910 6,954 6,886 6,771 6,658 6,422 6,227 5,898 5,839
1,651 1,232 1,380 1,759 1,740 1,753 1,987 1,933 1,823 1,691 1,607
6,932 6,874 6,791 6,846 6,843 6,910 6,954 6,886 6,771 6,658 6,422 6,227 1,382 1,679 1,181
5,898 5,839 5,778 1,342 1,730 1,725 1,843 1,932 1,796 1,857 1,699
5,778 5,857 5,760 5,853 5,891 5,892 5,728 5,675 5,497 5,289 4,860 4,714 4,426
1,457
5,857 5,760 5,853 5,891 5,892 5,728 5,675 5,497 5,289
1,386 4,860
1,669 1,260
4,714 4,426
1,349
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
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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 .