FL ARCHIVED January 2017 | Page 180

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

City : Oviedo

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
$ 391,500
10 %
23 %
Average List Price of all Current Listings
$ 426,068
7 %
18 %
January Median Sales Price
$ 260,000
-3%
-4%
1 %
-5%
$ 260,000
1 %
-5%
January Average Sales Price
$ 277,402
-7%
-8%
2 %
-8%
$ 277,402
2 %
-8%
Total Properties Currently for Sale ( Inventory )
166
-6%
-9%
January Number of Properties Sold
54 -23%
-7%
54
-7%
January Average Days on Market ( Solds )
39 -17% -17% -35% -13%
39
-35%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 148
0 %
1 %
14 %
5 %
$ 148
14 %
5 %
January Sold Price per Square Foot
$ 138
-1%
0 %
11 %
4 %
$ 138
11 %
4 %
January Month ' s Supply of Inventory
3.1
22 %
3 %
-3%
28 %
3.1
-3%
28 %
January Sale Price vs List Price Ratio
97.0 %
1.3 %
. 4 %
1.4 %
. 4 %
97.0 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
160
January Property sales were 54 , down 6.9 % from 58 in January of 2016 and 22.9 % lower than the 70 sales last month . January
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
January
2016 and Property 2015 . sales January were YTD 54 , down sales 6.9 of 54 % from are running 58 January 6.9 % of behind 2016 and last 22.9 year %' s lower year-to-date than the sales 70 sales of 58 last . month . January
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 54 are running 6.9 %
160
140
120
120
100
80
behind last year ' s year-to-date sales of 58 .
100
60
80
40
60
20
40
0
20
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 M J
J
A S O N D
J
0
14
15
16
17
Prices
The Median Sales Price in January was $ 260,000 , up 1.4 % from
F
M A M J
14
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices
$ 256,500 in January of 2016 and down 2.7 % from $ 267,325
The last Median month Sales . The Price Average in January Sales Price was $ in 260,000 January , up was 1.4 $ % 277,402 from ,
$ up 256,500 2.3 % in from January $ 271,173 of 2016 in January and down of 2.7 2016 % from and down $ 267,325 7.1 % from
340
340
320
Median Sales Price and Average Sales Price
3 Mo Avg
last
$ 298,659 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 277,402 highest , level up 2.3 % from $ 271,173 in January of 2016 and down 7.1 % from
320 compared to January of 2016 and 2015 .
$ 298,659 last month . January 2017 ASP was at the highest level
300
300
280
compared to January of 2016 and 2015 .
280
260
260 240
240 220

Oviedo

57 69 83 68 90 105 86 68 83 54 64 62 64 92 89 94 138 133 104 92 75 68 86 58 44 82 106 104 135 130 115 79 83 59 70 54
220
200
200
F
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 M J
J
A S O N D
J
M
14 A 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
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
January Total Inventory was 166 , down of Properties 6.2 % from available 177 last for month sale as and of down
January
9.3 % from was 183 166 , in down January 6.2 % of from last 177 year last . January month and 2017 down Inventory
300
9.3 was % from at its 183 lowest in January level compared of last year with . January 2017 of 2016 Inventory and 2015
250 . was at its lowest level compared with January of 2016 and 2015 .
200
300
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
4.0
3.0
5.0
4.0
3.0
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The January 2017 MSI of 3.1 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 3.1 of 2016
50 months and 2015 was
. at its lowest level compared with January of 2016 and 2015 .
0
100
2.0
50
1.0
0
0.0
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 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
14
15
16
17
14
15
16
17
2.0
1.0
0.0
243
57 69
238
245 243
251 238
245 278
279 251 280
Agent Name
83
Title Phone Website Other

Community Information | School District

68 90 278
105 279
271 259
86 280
249 68 271
257 83
259 260
54
249 226
64
257 228
Number of Properties Sold
62
260
64 92 89 94 138 133 104 92
239 226
227
228 226 232
239
226 227
229 226
222 232
211 226
198 229
183 222 75 68 86 58 44 82 106 104 135 130 115 79
188 211
188 198
178 183
174 188
198 188 205
178 203 174 201
198 206
205 196
203 177
201 166
206 83 196
3 Mo Avg
59
177 70
166
54
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
180 | 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 .