FL ARCHIVED February 2017 | Page 44

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

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
$ 269,900
2 %
8 %
Average List Price of all Current Listings
$ 344,708
1 %
6 %
February Median Sales Price
$ 185,000
0 %
-1%
8 %
0 %
$ 185,000
6 %
0 %
February Average Sales Price
$ 221,635
3 %
1 %
9 %
3 %
$ 219,126
6 %
2 %
Total Properties Currently for Sale ( Inventory )
2,328
-1%
4 %
February Number of Properties Sold
389
17 %
2 %
721
3 %
February Average Days on Market ( Solds )
81
19 %
9 %
17 %
8 %
75
7 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 149
-4%
-1%
8 %
6 %
$ 152
11 %
8 %
February Sold Price per Square Foot
$ 130
4 %
3 %
11 %
6 %
$ 128
8 %
4 %
February Month ' s Supply of Inventory
6.0 -15% -4%
2 %
24 %
6.5
4 %
35 %
February Sale Price vs List Price Ratio
93.6 %
-. 5 % -. 7 % -. 3 %
-. 5 %
93.8 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 389 , up 2.4 % from 380 in
February of 2016 and 17.2 % higher than the 332 sales last Property month . February Sales 2017 sales were at a mid level compared to
February Property of 2016 sales and 2015 were . 389 February , up 2.4 % YTD from sales 380 of in 721 are February running of 3.4 2016 % ahead and 17.2 of last % higher year ' s than year-to-date the 332 sales sales last of 697 .
month . February 2017 sales were at a mid level compared to February of 2016 and 2015 . February YTD sales of 721 are running 3.4 % ahead of last year ' s year-to-date sales of 697 .

Charlotte Agent County

Name
Title Phone Website Other

Community Information | School District

700 600
700 500
600 400
500 300
400 200
300 100
200
Number of Properties Sold
100
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
Prices
The Median Sales Price in February was $ 185,000 , up 7.9 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
3 Mo Avg
Prices from $ 171,500 in February of 2016 and equal to $ 185,000 last
The month Median . The Sales Average Price Sales in February Price in was February $ 185,000 was , up $ 7.9 221,635 % , up from
8.6 % $ 171,500 from $ 204,120 in February in February of 2016 and of 2016 equal and to $ up 185,000 2.5 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 216,187 . The last Average month Sales . February Price in 2017 February ASP was $ at 221,635 the highest , up
8.6 level % from compared $ 204,120 to February in February of 2016 of 2016 and and 2015 up . 2.5 % from
$ 216,187 last month . February 2017 ASP was at the highest
220
200
200
180
level compared to February of 2016 and 2015 .
180
160
160 140
140 120
437 508 473
437 508 473 452 413 374 417 423 329 420 326 416 544 574 521 480 483 402 441 442 331 444 317 380 430 530 508 516 456 453 426 389 383 385 332 389
120
100
100
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 2,328 of , Properties down 0.8 % available from 2,346 for sale last as month of and up
3,000
February
4.4 % from was 2,229 2,328 in , down February 0.8 % of from last 2,346 year . last February month and 2017 up
3,000
2,500
4.4
Inventory % from 2,229 was at in its February highest of level last year compared . February with 2017 February of
2,500
Inventory
2016 and was 2015 at . its highest level compared with February of
2,000
2016 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
5.0
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The February 2017 MSI of 6.0 higher MSI is better for buyers . The February 2017 MSI of 6.0
500
2.0 months was at its highest level compared with February of
2016500 months was at its highest level compared with February of 2016
1.0 and 2015 .
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
2,695
2,555 2,331 2,239
2,051
452 413 374 417 423
2,695
2,555 2,331 2,239 2,051 2,001 2,009 2,091
2,001 2,009 2,091 2,151 2,216
329 420 326
2,395 2,151 2,327
2,219
2,085 1,899 1,775
Number of Properties Sold
416 544 574 521
2,216 2,395 2,327 2,219 2,085
1,899
480 483 402 441
1,707 1,638 1,629 1,697 1,810 1,913
442 331 444
2,109 2,229 2,262 2,106
1,775 1,707 1,638 1,629 1,697 1,810
317
1,913 2,109 2,229 380 430 530 508 516
2,262 2,106 1,980 1,907 1,844
1,980 1,907 1,844 1,809 1,830 1,966
2,155
456 453
2,200 2,346
3 Mo Avg
426 2,328
1,809 1,830 1,966
389 383
2,155 2,200
3 Mo Avg
385 332
2,346 2,328
389
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
44 | 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 .