FL ARCHIVED February 2017 | Page 168

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

City : Orlando

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
$ 279,700
12 %
27 %
Average List Price of all Current Listings
$ 388,702
8 %
26 %
February Median Sales Price
$ 200,000
3 %
0 %
14 %
3 %
$ 199,000
14 %
2 %
February Average Sales Price
$ 219,984
-3%
-4%
7 %
-3%
$ 223,605
8 %
-1%
Total Properties Currently for Sale ( Inventory )
2,766
-8%
-28%
February Number of Properties Sold
930
6 %
2 %
1,804
4 %
February Average Days on Market ( Solds )
64
3 %
3 %
-18%
5 %
63
-17%
3 %
Asking Price per Square Foot ( based on New Listings )
$ 143
4 %
4 %
10 %
8 %
$ 140
9 %
6 %
February Sold Price per Square Foot
$ 124
1 %
0 %
12 %
3 %
$ 123
10 %
2 %
February Month ' s Supply of Inventory
3.0 -14% -3% -29% -12%
3.2
-28%
-5%
February Sale Price vs List Price Ratio
95.7 %
. 3 %
. 2 %
1.4 %
-. 1 %
95.5 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Orlando

Agent Name
Title Phone Website Other

Community Information | School District

Property Sales
1,600
February Property sales were 930 , up 2.1 % from 911 in February of 2016 and 6.4 % higher than the 874 sales last month .
1,400
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their highest level compared to
1,600
1,200
February Property of 2016 sales and 2015 were . 930 February , up 2.1 % YTD from sales 911 in of February 1,804 are of 2016 and 6.4 % higher than the 874 sales last month .
1,400 running 3.8 % ahead of last year ' s year-to-date sales of 1,738 .
1,000
February 2017 sales were at their highest level compared to
1,200
February of 2016 and 2015 . February YTD sales of 1,804 are
800
running 3.8 % ahead of last year ' s year-to-date sales of 1,738 .
1,000
600
800
400
600
200
400
0
200
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
Prices
The Median Sales Price in February was $ 200,000 , up 14.4 %
Prices from $ 174,900 in February of 2016 and up 2.6 % from $ 195,000
The last Median month Sales . The Price Average in February Sales Price was in $ 200,000 February , up was 14.4 $ 219,984 % ,
250 from up 6.8 $ 174,900 % from in $ 205,998 February in of February 2016 and of up 2016 2.6 % and from down $ 195,000 3.3 % last month . The Average Sales Price in February was $ 219,984 ,
240 from $ 227,458 last month . February 2017 ASP was at the up 6.8 % from $ 205,998 in of 2016 and down 3.3 %
230 highest level compared to February of 2016 and 2015 . from $ 227,458 last month . February 2017 ASP was at the
220 highest level compared to February of 2016 and 2015 .
210
200
190
180
170
160
150
M
A M J
J
A S O
NMedian D
J
F M Sales A M J Price
J A S and O N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
14
15
16
17
3 Mo Avg
250
Median Sales Price and Average Sales Price
240
3 Mo Avg
230
220
210
200
190
180
170
160
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
The
February Total Inventory was 2,766 of , Properties down 8.0 % available from 3,007 for sale last as month of and
6,000
February down 27.6 was % 2,766 from , 3,822 down 8.0 in February % from 3,007 of last last year month . February and 2017
6,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
6.0
5.0
down
Inventory 27.6 % was from at 3,822 its lowest in February level compared of last year with . February 2017 of
Inventory
2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 .
5,000
4,000
4,000
3,000
5.0
4.0
4.0
3.0
3,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
A comparatively lower MSI is more beneficial for sellers while a
2,000 higher MSI is better for buyers . The February 2017 MSI of 3.0 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 3.0
1,000 of
20161,000 months and 2015 was
. at its lowest level compared with February of 2016
0 and 2015 .
0
M
A M J
A J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
3.0
2.0
1.0
0.0
J A S O N D J
F
F
17
2.0
1.0
0.0
898 987 1,034 1,078 1,147 1,091 1,052 1,134 911 1,120 892 914 1,224 1,210 1,202 1,387 1,327 1,232 1,163 1,116 985 1,140 827 911 1,173 1,139 1,262 1,302 1,216 1,290 1,155 1,014 948 1,118 874 930
4,807 4,942 5,071 5,158 5,236 5,171 5,164 5,148 4,969 4,750 4,710 4,631 4,667 4,670 4,685 4,687 4,600 4,552 4,464 4,235 4,133 3,933 3,868
M
14
898 987 1,034 1,078 1,147 1,091 1,052 1,134 911
4,807 4,942 5,071 5,158 5,236 5,171 5,164 5,148 4,969
J A S O N D J
15
1,120 892
Number of Properties Sold
914 1,224 1,210 1,202 1,387 1,327 1,232 1,163
J A S O N D J 16
1,116
4,750 4,710 4,631 4,667 4,670 4,685 4,687 4,600 4,552 4,464 4,235 4,133 985 1,140 827
3,933 3,868 3,822 911 1,173 1,139 1,262 1,302 1,216 1,290
3,822 3,836 3,742 3,784 3,794 3,797 3,727 3,661 3,565 3,407 3,133 3,007 2,766
J A S O N D J
17
1,155 1,014
3,836 3,742 3,784 3,794 3,797 3,727 3,661 3,565 3,407
948 3,133
3 Mo Avg
1,118 874
3,007 2,766
930
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
168 | c o l d w e l l b a n k e r h o m e s . c o m
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 .