FL ARCHIVED February 2017 | Page 56

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

City : Englewood

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
$ 285,000
-5%
-10%
Average List Price of all Current Listings
$ 513,272
-1%
1 %
February Median Sales Price
$ 208,000
-12% -5%
6 %
-3%
$ 215,000
10 %
1 %
February Average Sales Price
$ 267,565
-10% -1%
22 %
3 %
$ 283,257
20 %
9 %
Total Properties Currently for Sale ( Inventory )
414
9 %
-10%
February Number of Properties Sold
67
-1%
6 %
135
6 %
February Average Days on Market ( Solds )
78
-7%
-1% -14%
3 %
81
-4%
7 %
Asking Price per Square Foot ( based on New Listings )
$ 185
-5%
-5%
9 %
-5%
$ 189
-12%
-3%
February Sold Price per Square Foot
$ 161
-8%
-1%
7 %
2 %
$ 168
4 %
6 %
February Month ' s Supply of Inventory
6.2
10 %
15 % -15%
32 %
5.9
-13%
26 %
February Sale Price vs List Price Ratio
94.2 %
. 5 %
. 6 %
1.4 %
. 8 %
93.9 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
February Property sales were 67 , up 6.3 % from 63 in February
of 2016 and 1.5 % lower than the 68 sales last month . February
120
Property
2017 sales Sales were at a mid level compared to February of 2016 and
140
February
2015 . February Property YTD sales sales were of 67135 , up are 6.3 % running from 636.3 in % February ahead of last
100
of year 2016 ' s year-to-date and 1.5 % lower sales than of the 12768 . sales last month . February
2017 sales were at a mid level compared to February of 2016 and
120
80
2015 . February YTD sales of 135 are running 6.3 % ahead of last
100
year ' s year-to-date sales of 127 .
60
80
40
60
40
20

Englewood

Agent Name
Title Phone Website Other

Community Information | School District

86 111 102 84 85
Number of Properties Sold
Number of Properties Sold
20
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 $ 208,000 , up 6.1 %
Prices from $ 196,000 in February of 2016 and down 12.4 % from
The
$ 237,450 Median last Sales month Price . in The February Average was Sales $ 208,000 Price in , up February 6.1 % was
350 from
$ 267,565 $ 196,000 , up 21.5 in February % from of $ 220,194 2016 and in down February 12.4 % of from 2016 and
M
A M J
14
350
300
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 237,450 10.4 last % month from $ . 298,719 The Average last month Sales Price . February in February 2017 was ASP was
$ 267,565 , up 21.5 % from $ 220,194 in February of 2016 and
300 at the highest level compared to February of 2016 and 2015 .
250
down 10.4 % from $ 298,719 last month . February 2017 ASP was
at the highest level compared to February of 2016 and 2015 .
250
200
78 103 80 64 105 78 92 124 107 120 96
3 Mo Avg
86 111 102 84 85 78 103 80 64 105 78 92 124 107 120 96 87 85 89 78 62 85 64 63 97 104 95 96 73 77 76 77 59 79 68 67
87 85 89 78 62 85 64 63 97 104 95 96 73 77 76 77 59
3 Mo Avg
79 68 67
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 414 , of up Properties 8.7 % from available 381 last for month sale as and of down February 10.0 % from was 414 460 , up in February 8.7 % from of 381 last last year month . February and down 2017 10.0 Inventory % from was 460 at in February its lowest of level last compared year . February with 2017 February of Inventory 2016 and was 2015 at . its lowest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 6.2200
higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 6.2 and months was at a mid level compared with February of 2016 and
100
2015 . 2015 .
0
200
150
100
700 600 500 400
150
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
9.0
500
8.0
7.0
400
6.0
300
5.0
4.0
595
200 100
M 14
568
555 595
527 568
487 555
467 527
462 487
501 467
489 462 492
501 516
489 502
492 459
516 432
502 396
459 354
432
318 308
396
318 354
352 318
308 367
375 318
403 352
367 460
375 449
403 403 375 341
316 403 301 375
310
341 330
316 332 301 346 310 381 330 414 332
3.0
2.0
1.0
F M A M J
J
0.0
A S O N D J
0 M A M J J A S O N D J F M A M J J A S O N D J
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
15 16
17
460 449
346 381 414
F
17
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
56 | 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 .